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RE: Is the transparency we seek in the crypto-world going to be the cause of its own destruction?
I think it is not possible to keep a team away from the lights. I would never invest in an ICO where the team is not public and people can't do their own due diligence.
A fake news at the end still a fake news, the market always recover from that, which shouldn't be a big problem for investors. On the other side, the entire crypto market still quite small. I think with a bigger size and more experience from investors (maybe verify that the news is real before joining the general panic???) we will not see downgrade like the one of 2 days ago.
me neither, dev team is most important factor to buy or not to buy an ico
Well ICOs are a different story, but I do understand that investors (small or big) require some trust before investing and that can also be applied to ICOs, cloud mining sites, and literally anything that involves money. What do you think would happen if a developing team or developer left the project like DOGE coin?
I'm not too sure ICOs are a different story.... ETH started with an ICO as well.
I think when a project has reached a specific size the entire team is responsible for changes. So even if one person leave the project, the ecosystem can survive.