Post
Topic
Board Altcoin Discussion
Re: How do you make sure a projects funds are safe?
by
wxa7115
on 19/07/2021, 20:51:02 UTC
Interesting.

So to summarize the major points, what investors like to see are:

*Roadmap and roadmap completion
*Wallet addresses
*Information on team members and activity on social media

Minor points are:

*Team competency
*Verification by bounty managers or certification services

What I find interesting is that almost no one mentions any sort of governmental or institutional regulation.
It is not really that odd after all this market is composed still by people that see what the governments are doing with the economy and do not trust that governments are going to do a good job, and even if we wanted them to intervene I do not think they really want to make this market safer as this plays against them.

I still think that the best solution are the ones that the community can provide by itself and an independent escrow that has a good reputation will be the best option, but most developers do not want to give up control of those funds and as such this is not very common.