Thank you. I began to notice too that something not so with this website. ICObench just makes money on advertising.
Always I check analogs, but also another website lie. Don't trust anybody - basic rule.
Topic: BEWARE OF ICOBENCH - page 5. (Read 821 times)
I suspected it.Actually I never believe in any ratings and comments.Yes,I sometimes take a quick look at specialized sites like Icobench or Icorating,but I dont take them too seriously.
I just go there for some informational purposes only. I do not only take their ratings as a form of due diligence. I always check out other types of information as to what the product or service from an ICO is and also the Team, roadmap, marketcap etc. I think we should take these rating sites as a pinch of salt as the CRYPTO INDUSTRY is very much still in its infancy and so not many sites are yet accredited or regulated as much as we would like to see in order to protect people from various scams. I hope ICOBENCH is not a total sham I will do more research on the matter.
Thanks for pointing out this issue. This is a known fact that ICO rating sites are not honest. Some projects are overhyped because of their ratings. Money talks here, as in everywhere else.
About ICObench, all we know is that there is three type of application to publish an ICO: free, priority (0.1BTC) and priority listing + priority application (1BTC). It is also mentioned in the Terms and Conditions. But we will never know if something is happenig behind closed door of ICO rating services.
I don't agree with this economic model for ICO rating services but what can we do? What bothers me the most is the lack of professionalism (perhaps even the lack of any real investigation) of the these called experts. This will damage the whole ecosystem and a lot of naive investors will lose their money.
The bad news for these rating services is that they will also be held legally responsible if they endorse or advertise a scam.
I don't agree with this economic model for ICO rating services but what can we do? What bothers me the most is the lack of professionalism (perhaps even the lack of any real investigation) of the these called experts. This will damage the whole ecosystem and a lot of naive investors will lose their money.
The bad news for these rating services is that they will also be held legally responsible if they endorse or advertise a scam.
Now generally you should not trust sites evaluating ICO-projects. Independently check and evaluate. Believe me, this is much more profitable than trusting all these resources, which were created not for help, but for earning momey
Its quite visible from a mile away that their whole "operation" is of questionable credibility. The only ICO reviewing site that I trust is Icodrops in addition to some prominent ICO reviewers on Youtube as well.
I like them because the most ICO that they rate is become successful however i'm not convince with their higher price when it comes to their premium. like you said 10BTC for just 7 days of advertisement. I don't buy that.
I had long suspected this site of deception. Ratings are bought, because in often in the top are very bad projects. I trust only icodrops.
To be honest I no more pay any attention to ICObench ratings. It is obvious that majority of ICOs listed there just pay for such type of promotion and these fake estimations don't accurately reflect the real situation. ICOdrops is far better.
I deep down felt icobench is a bit sketchy, but if what you wrote is true, I was naive. I knew they were promoting some ICOs, but the extent they did it is incredible.
Are other ICO sites similar? If I ever plan to invest into ICOs again, I wish to know how biased are these sites.
On the other hand, if you check 5 ICO rating sites, especially the experts, particularly those who criticise the project, you should have a clear picture if a project is worthy of investing. I usually like to have a word from the youtuber, CoinBlock (Charles is the guy's name). He is relatively unbiased, he has that critical thinking that really appeals to me.
Are other ICO sites similar? If I ever plan to invest into ICOs again, I wish to know how biased are these sites.
On the other hand, if you check 5 ICO rating sites, especially the experts, particularly those who criticise the project, you should have a clear picture if a project is worthy of investing. I usually like to have a word from the youtuber, CoinBlock (Charles is the guy's name). He is relatively unbiased, he has that critical thinking that really appeals to me.
All right. I think you should add more facts. You only copy paste the information from that Medium article. I am not taking a side. I just want to neutral here. I will appreciate if you can add a more real fact about that issue.
Woow, this I didn´t know, I trusted them so much, because I thought that there are real experts providing real rating!
35BTC for listing? 
this is crazy.
Of course, they give some traffic to the site, but they are not worth this money . for some projects this is 1/10 of capitalization. There are many alternative placement options.
this is crazy.Of course, they give some traffic to the site, but they are not worth this money . for some projects this is 1/10 of capitalization. There are many alternative placement options.
I'm so sad, I thought ICOBench is the most trusted in terms of rating of an ICO but based on what I read now, it can't be trusted at all. Every time I pick bounties I base on recommendation of ICOBench or other ICO rating and listing platform but now, it's better to do your own rating by yourself. 
I've managed a small ICO in the past (And currently engaged in another one): all the industry only care about money. Listing website, promotions, etc: they can write/shill whatever you want for BTCs
Yes I also not believe in ICObench and all ico rating sites because just what you said, It can be manipulated by money false rates by expert and the both. How could a both do rating? Big false by ICObench. I do a self review when talking about an ICO bounty, not looking this kind or rating sites
Awesome Post!!!
I was always interested in how the expert rating is formed and who are the experts. Only here probably not only Ico bench working this way. Thanks for the info.
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