anon founders , investors and content creators in crypto

Yonatan Ben Shimon
2 min readFeb 7, 2021

In this piece my goal is to shed light on an emerging trend in crypto that don’t get enough attention — anon devs and investors.

Lets see who are some of the most famous ones:

Devs & founders

Molly thinks about pseudonymity : “ Pseudonymity has its benefits, but it’s harder to build a strong reputation according to @0mllwntrmt3 of @HegicOptions. There are many anonymous developers in #DeFi, but not all of them are bad actors. “

  • 0xmaki(sushiswap )

What makes an anon dev trustworthy :

some technical parameters

  1. token liquidity and withdrawal functions :

Smart contract time locks SFI lock for 8 weeks is an example)

Extreme anti rug measures

  • Team is vested over multiple years
  • There’s no mint function
  • The team is diligent on audits
  • History of building in the space, on other projects

Contract state that’s public

Governance control measures time delayed

Identified governance keys

2. Multisig

some thoughts from psy interviews :

“The concept of delayed governance action — Where you can post your intention to take an action then i happens X days later, For example if a project’s team wants to upgrade a contract on chain . It has to happen via a timelock where they post their intention to do the upgrade. Also the Multisig has members beyond the core team, investors or those close to the project who are known.

Then it enters into a waiting period

And can only be executed after X number of days

That way it isn’t a sudden change and gives people time to react

Mint function restricted

Sushi does their onsen rewards with a multisig and a smart contract”

trust that built up over time :

  • Most of the time trust with anon founders is built over time , i.e. how they react to adversity and issues over time. For instance, Saffron had a bug and Psy didn’t leave, whereas other projects have had anon founders that left at the first issue. We’re building trust in a trustless world and frankly it takes time and continuous review of the team in real time while also communicating with them to build a relationship

Investors and influencers

Influencers that i like the most :

looking forward to see this trend continues and growing.

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Yonatan Ben Shimon
Yonatan Ben Shimon

Written by Yonatan Ben Shimon

care about discovering and enabling new types of assets as tools to give me and everyone wealth and freedom.

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