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 think this topic is very interesting and needs further discussion, this is a very good question in my opinion. before investing in a project as you mean, you should first pay attention to the community of those who want to develop a project. the rest you can also check some of their websites are they real or fake websites they attached. you can also see the updates they are doing, if they are serious in developing then there will certainly be updates every time. build communication among investors that is more important to do.