Topic: [ANN] Ignite Ratings - Decentralized Ratings and Index Fund - page 31. (Read 7069 times)

Nice seeing project like this, So this is a review site for cryptocurrencies, ICO and
also, open to the public to review and post their opinion and they can receive rewards by doing it?

Yes, this is a real problem and there are already several projects helping in this, but there is not really reliable, I hope IR will cope with this task.

I'm not sure that this will happen. Rating independent is certainly good, but how will it be formed? How in fact will he speak the real situation? It is quite difficult and the developer must convince consumers to believe in it.

For the first time I see such a project Decentralized ratings and index fund, having read all the information that the team gave us, and I think this project has all the chances to go up after the release of the project into the world.

Yeah, an active devs that always response to members queries will remove doubts from serious investors, they will be attracted to join and make some investments because devs are active and keeps improving the project.

Exactly dude, it's very hard to find a legit ICO. The good thing here is the admin or dev is always here with us to support and answer our concerns about this project since many people here in bitcoin community supported this project.

Token sale is this month 15 so very soon we will have a feel of the platform and is being a long road am sure team are prepared to show case its platforms to investors and users alike

Hey Ignite Ratings Support, what time could we can using beta version of Ignite Ratings Platform? Or we can try it at 2018?

For the first time I see such a project Decentralized ratings and index fund, having read all the information that the team gave us, and I think this project has all the chances to go up after the release of the project into the world.

This firestarter programme is this still available? I would like to avail this promotion. IR project wanted us to help choose the right ICO because nowadays it's difficult to choose the which ICO is legit and not.

There are many false information out there and crypto space needs Ignite platform which is going to be a source of accurate information to help us take the right decision and save time.
I noticed today on twitter that they start THE FIRESTARTER PROGRAMME ( Refer your friends - you earn 5%, your friends earn 2.5% - everyone's a winner! ), So if any body interested in earning this token. this is ur chance.

Will just wait for further updates then? Are the developers and admin active from our quires? Or they are just busy improving the site?

Hi there!
Just to be on the safe side kindly confirm that I am right to have understood that ratings will be assigned by anonymous token holders and then reviewed by other participants (also anonymous ones). But in that case what's your difference apart from a score of rating agencies, which are having a common problem with transparency and preconception?
I thought you were going to implement some kind of AI evaluation.

Wow this thread has exploded over the holidays!

I've been following the Ignite Ratings journey from over a month now, and here is a summary of some of my answers, from an investor's perspective, to few questions asked here.

Q: Can I contribute anonymously? Why PICOPS?
A: Yes you can contribute without PICOPS, but doing verification is like a KYC (Know Your Customer) service, so you know where the money invested is coming from. In many countries where large exchanges like Binance, Poloniex etc. are based regulations will be getting stricter and those companies will be required to authenticate users and funds with KYC.

Now, for listing new coins, either these exchanges would have to verify the identity of all ICO contributors, which would be a very painstaking process - so they will incline to not listing the coin. But since Ignite has already done KYC for most of it's investors, the exchanges will have more faith and are inclined to choose listing this coin over say, one that has not done KYC for it's investors.

This is just one of the many benefits! And Ignite is providing 10 IGNT (0.0667 ETH) tokens to people who do the PICOPS verification (0.024 ETH fee) so that more than makes up for the cost 

Q: What is the brain behind Ignite's ratings?
A: The answer is simple! It is us, the users. By not depending on centralized agencies (Like how S&P and Moody's works) and not depending on tech like AI (which can still be manipulated) the entire ratings system is decentralized. Each user's reputation is tied to their ratings, which is a fool proof mechanism to ensure only the best of recommendations get through. For sure, I think there will be an initial period before we can filter the users with the best reputation, but once the initial ratings are out, there is no way reputation can be gained without successful trades!

Q: Can the team influence the ratings then?
A: Regarding the team influencing ratings, all ratings and everything the team or a user does is stored in the ledger so any member can look up, all events taken by an user - so while we do want the team to be active on the platform they won’t have any more influence then any other member. Equal influence for all regardless of you being part of the team or not!

Q: Is the team responsive?
A: I have to say I am part of the Telegram group, and this team, Chris, Damon, Max and everybody in the team have just won us over with the confidence and credibility with which they answer questions. If there's anything urgent do join the telegram group here https://t.me/igniteratingsICO and they will answer very quick!
Right now it's the holiday season but they're still working super hard on getting this ambitious project running!

Hope I could answer some queries from a user's perspective, and do ask me if I can help anymore!

And here is a small post I put if you need more reasons to be convinced https://steemit.com/ico/@blockchaineco/the-best-ico-i-have-seen-till-date-ignite-ratings