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?
Many new ICO project when success on pre sale they run away without any contribution with coin listing and become scam, many time I faced an ICO project developer gone when they success raise hard cap sale, we should know about how most important way to know trusted ICO project or not before it scam, example looking for the owner and advice team how most know they are on cryptocurrency world or ever participated on last ICO project.