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?
This is the risk that we have to take all investments have no guaranteed return even a well establish company or Cryptocurrencies suffered losses or go bankrupt, you can lessen or minimize your potential losses by not investing in ICO because they are unregulated and doing research on the people behind the project, and following if they are making progress on their roadmap.