When a new project launches, everyone's asking the same questions: How secure is this really? Can we trust the team behind it?
These aren't paranoid concerns—they're basics. Rug pulls happen. Projects disappear overnight. So when someone asks whether a specific founder is trustworthy, it's not cynicism, it's due diligence.
The crypto space moves fast, maybe too fast sometimes. Projects get hype, communities form, investments flow in. But underneath all that excitement, the fundamentals matter: Is the team transparent? What's their track record? Are there red flags we're missing?
Before going all-in on any project, maybe it's worth taking a step back and asking those uncomfortable questions. Because at the end of the day, your capital is on the line.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
18 Likes
Reward
18
7
Repost
Share
Comment
0/400
BuyHighSellLow
· 14h ago
To be honest, most people rush in just to follow the hype and haven't done any homework. I've seen too many project teams act like guard dogs, refusing to respond even when asked about their team background.
View OriginalReply0
rugpull_ptsd
· 14h ago
Well said, but after looking for a while, I still can't tell who is the real team and who is just packaging.
View OriginalReply0
SelfRugger
· 14h ago
Another one talking about doing thorough research, which is correct, but how many can actually do it?
View OriginalReply0
NewDAOdreamer
· 14h ago
That's right, but I've seen too many people go all in on hype... and end up losing everything.
View OriginalReply0
DeFiCaffeinator
· 15h ago
That's right, those who go all-in without doing their homework are just big fools.
View OriginalReply0
gas_fee_therapy
· 15h ago
Honestly, most people don't listen to this shit until they get cut once and finally understand.
View OriginalReply0
ApeShotFirst
· 15h ago
Here comes another due diligence brainwash, but honestly I still have to ask...
Really, every time I FOMO in and regret it later, this time I should seriously ask about the founder's background.
Has the smart contract been audited? How transparent is the team? I just want to know these points.
Damn, another new project... this is the fifth one this week, right? Still need to see if there are any major pitfalls.
Honestly, do you think this team is reliable? I don't want to get burned again.
Basically, it's a gamble on people's character, but there should be some data to support it, right?
Asking like this every time only makes me realize it too late... It's probably not a bad idea to ask in advance this time.
When a new project launches, everyone's asking the same questions: How secure is this really? Can we trust the team behind it?
These aren't paranoid concerns—they're basics. Rug pulls happen. Projects disappear overnight. So when someone asks whether a specific founder is trustworthy, it's not cynicism, it's due diligence.
The crypto space moves fast, maybe too fast sometimes. Projects get hype, communities form, investments flow in. But underneath all that excitement, the fundamentals matter: Is the team transparent? What's their track record? Are there red flags we're missing?
Before going all-in on any project, maybe it's worth taking a step back and asking those uncomfortable questions. Because at the end of the day, your capital is on the line.