Here's another edition of our weekly Basescore blog
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
https://medium.com/basescore/if-you-cant-trust-ico-ratings-what-can-you-trust-30901fc6cc61
When the ICO market exploded in 2017 it was promptly following by the emergence of dozens of ICO rating agencies — but to what extent should they be relied on when making investment decisions?
With the rise of ICOs also came the rise of the ‘ICO economy’, which refers to the economic activity that has sprung out of the boom in initial coin offerings, which require a range of peripheral services to succeed. Developers, copywriters, digital marketers, social media managers, PR agencies, lawyers, strategic advisors, media outlets, and ICO rating agencies are all participants in the ICO economy, and everyone is benefiting.
But then, of course, came the bad players looking to ruin it for everyone... Enjoy!