Quote from: Surmount on July 11, 2021, 07:40:55 PM

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?

Read whitepaper or litepaper and follow there promise and token features after that check token contact And match the features of the contract address with the words of the cables. If all goes well then follow their developments regularly. If you find a development match with their promise, you can decide to invest there