Quote from: MichelKesin on June 13, 2021, 04:31:28 AM

I am totally new to alt coins - trying to learn something new. I tried searching for this info and c as me up dry.

I was looking into a very new altcoin (will not name as I do not want to shill) and the white paper talked about a liquidity date named in the future. I am guessing this is when the Devs are allowed to start selling their bags?

They did a pre-sale and earned 10x their intended 10 BNB. How does this work? How do you find out about pre-sales and what is the advantage?

They are holding a huge amount of the coin (>95%) in a main account, being very transparent about it. They are using this to make social/community contributions. Is it normal to have the Devs holding such huge bags?

There are no humans listed on the site as the project team. Should this be a major concern?

New projects are always risky and you have to be very careful. And when they don't have nobody listed on the site as the project's team, that is where it becomes even more risky. Imagine investing your money in something you don't even know who you're working with, who owns the project and whether they are good at it or not.

Sometimes the best way to tell if a project has a better chance of being successful in future is through the project team, so how exactly are you going to know this when you don't know the team? If the team of this project decides to abandon it tomorrow, you wouldn't know where to start looking for them because you don't know who they are. I will advise you to avoid that project.