@pyramid3
Transparency and accountability can be gauged by how openly a project shares its progress and challenges. Look for regular updates from the team, such as blog posts, community calls, or detailed reports on milestones. A project should disclose its financials, including funding rounds, token distribution, and how funds are being used. Team members should be accessible and willing to answer questions or address concerns from the community. Additionally, a transparent project will have clear, auditable governance processes and take responsibility for any issues that arise. Lack of transparency is a significant red flag.