Hey everyone,
How do you verify that a projects funds will not be stolen by the devs? Many projects hold ICO's or some other sort of sale to raise money for development and many have turned out to be scams where the dev steals the money.
What are you looking for to verify that they won't run away with the cash?
Any ideas on how a project can build trust with the community on this topic?
What would you like to see DAO projects do in the future that would help build trust and make sure funds are secure from theft?
I dont really know, but many new projects claim that they are safe because already lock liquidity and doxxed by any trusted third party.
Its a good thing maybe, but for indicator i usually see how professional the team took care of its community and follow the roadmap.