Topic: Current ICO's rating systems. What do you think? (Read 672 times)
Overall, I personally feel the ICO rating system is currently quite helpful. However, there is a growing need throughout the crypto community for an impartial and accurate rating system, because there many ICO's that end badly and not as described by the ICO ranking site.
What do you guys think of the current ICO's rating system? Are you satisfied/happy? Do you think it reflects the real projects value? Does it help you to find right ICO's to invest to? What do you think about experts (even very well known ones) who provide corrupted ratings?
There are way too many questions. Let's discuss)
There are way too many questions. Let's discuss)
The ratings do not reflect real value, because ICOs don´t have a real value in that sense, they only evaluate the likelyhood of success and the price set for that possible earning.
Actually, I use an ico rating system to check for projects. If I see a highly rated project, I now pick the project to scrutinize it more and more better. Its always a stepping stone for my research as I use it to make my research
I dont trust rating at all, i always do my own research to buy or to participated in campaign, if i like the idea after reading the whitepaper i always buy small amount and participating on its bounty if available
hello I'm trying to participate in the bounty where the ICO rating in icobench is above 3.3. I trust the ICO rating when choosing a bounty. but with investments you need to conduct an in-depth analysis.
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There are some questions about the new rating system that is implemented at Foxico. Bellow you can find a brief explanation:
Behind each rating stands a weight (that is acquired by quality of this person's ratings) that influences the final score.
Anyone who rates can be simply liked/disliked by others members and it influences the weight of this particular expert. Therefore the final score of an expert who got a lot of dislikes does not influence the total score of a project and his scoring has low weight as a result.
For example when you see someone rated a scam with a 10 you simply dislike it just as others 10 people do and this person (who rated) loses weight immediately and later his score doesn’t influence the total final score.
Math stands behind the system that leads to fair ratings.
Each rating finally is a reflection of community opinion.
Have any further questions? Take a look at https://foxico.io/howitworks
Behind each rating stands a weight (that is acquired by quality of this person's ratings) that influences the final score.
Anyone who rates can be simply liked/disliked by others members and it influences the weight of this particular expert. Therefore the final score of an expert who got a lot of dislikes does not influence the total score of a project and his scoring has low weight as a result.
For example when you see someone rated a scam with a 10 you simply dislike it just as others 10 people do and this person (who rated) loses weight immediately and later his score doesn’t influence the total final score.
Math stands behind the system that leads to fair ratings.
Each rating finally is a reflection of community opinion.
Have any further questions? Take a look at https://foxico.io/howitworks
Foxico is here with amazing news! The new web site version is ready.
The main feature integrated in the new logic is that ALL projects now can be rated by community members. Thus all ratings will be the reflection of community opinion.
NO MORE AFFILATE/ CORRUPTED/ UNFAIR RATINGS!
Join Foxico, rate projects and share your opinion with others.
To see the new logic description please take a look
https://foxico.io/howitworks
We are constantly working on the development so please follow our news to stay informed when additional sections are ready.
Please note - We have not moved user database so you have to register again. NOTE: If you added a project to the old Foxico and would like to edit details - use the same email for registration or contact [email protected] from the email you set as a contact mail for a project.
Great! I think the Foxico initiative is excellent. The more transparent the reviews of the ICOs will be better for the community and we have the duty and the capacity to evaluate a project because in the end we will be the users of those projects.Please note - We have not moved user database so you have to register again. NOTE: If you added a project to the old Foxico and would like to edit details - use the same email for registration or contact [email protected] from the email you set as a contact mail for a project.
We also have a great responsibility to tell the world that a new project is underway. Every day we must be more demanding and not allow the Scam project to damage our crypto space.
The ICO rating platforms is a good tool to obtain information about an ICO. There is also less chance to participate in an ICO Scam. Curiously I have observed that some high-ranking ICOs their tokens after ICO reach the exchange list with a low price. While other ICOs with a less rating the price of the Token is good at least in the first exchange list.
I recommend that you do your own research on all the charges against these ICO rating websites and treat them as lightweight. Most of these rating sites give their ratings to the highest bidders, and even some have very high ratings for fraudulent items. I don't want to name it.
At this point in time, I do not consider them relevant. The market is now very unpredictable, which has a very negative impact on the fees at ICO. Very often, good projects cannot even collect a softcap. Although there is another side of the coin - they ask too much. I think SCO would be ideal in this situation.
I do not think that now there is any kind of honest rating system, everything that exists today, some strange sites that create a strange rating and assign it, probably it will look strange now, but I do not believe them at all.
RAtings are good thinks, has to be taken carefully but if you are in crypto, you can recognize which is good, or bad and even worse rating site can help with consideration process. It is market as any other.
I tend to trust most of the ICO rating websites but I can definitely imagine that some of them are being paid to promote some projects, after all, this is internet.
That would jeopardize the reputation of that ICO rating site and would no longer be a trusted one. But as you have said, it is highly probable to happen. After all, crypto is business and people are here to make money.
Hard to state, however in the event that we consider it, everybody needs to get by one means or another. Thusly it would be intelligent for this sort of destinations to give some sort of reward to organizations that will remunerate them for doing as such. Indeed, I don't think it is by one means or another helpful for organizations to do as such as fewer and fewer financial specialists are going out on a limb of putting resources into ICOs. Be that as it may, I would state they are doing it in any case to establish a connection and acquire the delicate top at any rate (it is a significant achievement atm). In any case, in the event that I know whether there are destinations like that? Regardless of whether I endeavor to deny it, the vast majority of them are most likely doing as such infrequently. The main great strategy is claim look into and a touch of fortunes Wink.
I tend to trust most of the ICO rating websites but I can definitely imagine that some of them are being paid to promote some projects, after all, this is internet.
Foxico is here with amazing news! The new web site version is ready.
The main feature integrated in the new logic is that ALL projects now can be rated by community members. Thus all ratings will be the reflection of community opinion.
NO MORE AFFILATE/ CORRUPTED/ UNFAIR RATINGS!
Join Foxico, rate projects and share your opinion with others.
To see the new logic description please take a look
https://foxico.io/howitworks
We are constantly working on the development so please follow our news to stay informed when additional sections are ready.
Please note - We have not moved user database so you have to register again. NOTE: If you added a project to the old Foxico and would like to edit details - use the same email for registration or contact [email protected] from the email you set as a contact mail for a project.
Please note - We have not moved user database so you have to register again. NOTE: If you added a project to the old Foxico and would like to edit details - use the same email for registration or contact [email protected] from the email you set as a contact mail for a project.
I think that famous ICO ratings can`t describe the real picture, because everyone can buy this "rating". BUT I can check real scams there and it`s very good for me.
Any ideas for the new rating system?
What do you guys think of the current ICO's rating system? Are you satisfied/happy? Do you think it reflects the real projects value? Does it help you to find right ICO's to invest to? What do you think about experts (even very well known ones) who provide corrupted ratings?
There are way too many questions. Let's discuss)
There are way too many questions. Let's discuss)
ICO rating systems is very reliable and honest about ICOs that are rated in the website. But when investing don't depend on ICO rating systems because even though they are reliable you still need to think by yourself whether you will invest or not
What do you guys think of the current ICO's rating system? Are you satisfied/happy? Do you think it reflects the real projects value? Does it help you to find right ICO's to invest to? What do you think about experts (even very well known ones) who provide corrupted ratings?
There are way too many questions. Let's discuss)
There are way too many questions. Let's discuss)
of course Current ICO rating systems can be a reference in every research and analysis, you are made easy in every choice even though you have to keep researching it and reading white paper as your trace for investment.
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