Re: How would you view an ICO project if it was launched by an accredited lawyer?
Just a curious question on the perception differences between a regular ICO and one that was run by an accredited lawyer - would that make a difference to you as in investor?
In the past, at the height of the ICO investment craze, I know that name dropping companies and "respected" individuals as advisors would almost be enough to convince investors who didn't know better.
Moreover, now there's a greater shift towards IEOs for scam prevention purposes with counter-party checks.
I would trust if a proved developer comes up with a project that is feasible than anyone else. I cannot imagine a lawyer with a software development background and hence there is no way to think that he could succeed in doing something than many failed. Starting a project is one thing but carrying on with the development is another, we have seen many projects that had good developers and good projects at first glance but what they do after collecting all the money is not monitored, if everything is recorded and monitored by a third party that is accredited and if they fail to fulfill what they started then they need to return the investment and if so then i will invest In the past, at the height of the ICO investment craze, I know that name dropping companies and "respected" individuals as advisors would almost be enough to convince investors who didn't know better.
Moreover, now there's a greater shift towards IEOs for scam prevention purposes with counter-party checks.
. Yes, lawyer even accredited one can't make a successful project but definitely he can manipulate the docs. A real developer can make the project successful as he knows what to do with the project, but a lawyer, how will he do the programming and all? So I won't invest in an ICO project launched by accredited lawyer. He knows how to go around when things are not in favour on their side.