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Topic: Do you trust ICO Rating sites? - page 76. (Read 9124 times)

sr. member
Activity: 541
Merit: 250
August 16, 2018, 12:07:21 PM
Yes, I am totally not believe in ratings of some website that reviewing an initial coin offering but rather I research also the basics if the project is legit and I will compare it to their ratings. Sometimes their ratings is not good but that's okay if you have the knowledge in reviewing an ICO.
newbie
Activity: 25
Merit: 0
August 16, 2018, 12:05:59 PM
No, not anymore. I used to think that it was reliable but I came to know that they can be paid to give positive ratings. Which totally defeats the purpose. What we can do is check the community's opinion about the project, read their whitepaper, look up on the team.
newbie
Activity: 115
Merit: 0
August 16, 2018, 12:04:04 PM
They seem biased to me. A friend of mine who's doing an ICO told me that they paid 10ETH for 5 quality ratings and that's that! I noticed that some ICOs with good project, team, and good social media presence are struggling with getting good reviews.

With all that said, should it still be a factor to look at when investing in ICO?


Sometimes i choose a campaign with high ICO trust rating but still there are campaigns that having high trust rating that scammed to its participants and it's really difficult for now to find a better campaign that is legitimate and pays the effort of bounty hunters.
member
Activity: 504
Merit: 10
August 16, 2018, 12:02:50 PM
I neither believe ICO rating sites. I'm also aware of the fact that they are paid shills. But I consider their KYC reports of the ICO members. The team's transparency is a huge factor I look into when participating in bounty projects. I need to be assured that the team is comprised of real people who aren't afraid to unmask their identities in public. Even these ICOs do want to know the identity of the bounty hunters by requiring us to do and pass the KYC procedure, then why on the first place we wouldn't care to know also about the "bosses" we're working for? Neither them nor us want to get scammed anyway. Other than these KYC reports of ICO rating sites, I do not believe the rest of what they say about an ICO anymore. I do my own research instead.
full member
Activity: 700
Merit: 100
August 16, 2018, 12:01:29 PM
when I got to know bitcoin, I still believed the ico rating site because I still didn't know what it was and I studied it more closely oh it turned out that the cause and other site sites were also affected.
member
Activity: 910
Merit: 12
August 16, 2018, 11:58:06 AM
I only follow certain ico rating sites. But I do not  fully trust those even this sites. I am investigating the team of a high-rated projects. I read the comments about the project in bitcointalk. And I'm reading whitepapers. After doing that's, if i like the project, i joining ico
hero member
Activity: 2114
Merit: 618
August 16, 2018, 11:55:46 AM
There are so many review websites that have come up and I don't really trust them all, but there are definitely some good review websites all there who do a thorough check before putting a review of each ICO. The name of that website is icobench and I feel it is the best amongst all the review websites.
Also, listing of a coin on coinmarketcap doubles the credibility.
jr. member
Activity: 85
Merit: 1
August 16, 2018, 11:53:06 AM
I saw a user here in BCT selling ratings for icobench in broad daylight.. To think that i used to check sites like icobench and icorating for guidance..  Cry

Anyway, have you guys checked out menlo one's whitepaper? https://www.menlo.one/#whitepapers ...Just recently viewed it and I think this project is the answer to ICO scams and fake review sites...  Angry
member
Activity: 319
Merit: 10
Apeswap Finance
August 16, 2018, 11:48:58 AM
from my experience, indeed I am very interested and believe in ico reviews sites like that, but it turns out that even though the ico in the review gets the highest rating, it's still not successful, so the point is don't be too trusting with ico site reviews, because they are reviews paid site
member
Activity: 252
Merit: 15
August 16, 2018, 10:54:49 AM
They seem biased to me. A friend of mine who's doing an ICO told me that they paid 10ETH for 5 quality ratings and that's that! I noticed that some ICOs with good project, team, and good social media presence are struggling with getting good reviews.

With all that said, should it still be a factor to look at when investing in ICO?
I don't confide in ICO Rating sites in particular, yet now and then I focus on these ratings, particularly those that are distributed on the biggest and most solid sites. In the event that the rating is low, it implies, that the project isn't great, and it is better not to take an interest in it
full member
Activity: 672
Merit: 100
August 16, 2018, 10:47:19 AM
I used to believe in website reviewing and evaluating ICOs. I find this stupid after I invested in some of the projects that highly valued on these websites. I advise you not to stupidly believe in the same site rating because you only need to spend a certain amount of money then you will get a perfect review on it.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
August 16, 2018, 10:45:28 AM
ICO branch sites cannot guarantee that the ICO will run well and successfully. I prefer to read whitepapers from each ICO that I will invest before participating in them. there are many things in their whitepaper. how the project works, the formation of the project, the direction of the project objectives is clear or not, and the team involved in it and more. there we can assess whether the ICO is able to develop and run well.
full member
Activity: 324
Merit: 100
August 16, 2018, 10:43:43 AM
I do not trust rating sites completely, but I think that it is necessary to take into account the opinions of experts and I pay attention to the some ratings. As a rule, they are not often mistaken.
newbie
Activity: 44
Merit: 0
August 16, 2018, 10:25:43 AM
No, I don't trust ICO Rating sites, I think the ratings above are not true, as long as any project gives them money, they can give you a decent score.I prefer to believe my judgment.
full member
Activity: 845
Merit: 100
August 16, 2018, 10:21:46 AM
Of course, I always make the ICO rating a reference for investment, but I never believed that if I only got it on one site, it needed at least 3 rating sites so that made me sure that the project was promising.
newbie
Activity: 196
Merit: 0
August 16, 2018, 10:18:55 AM
I don't trust them from day one and this is because I believe they just rate for rating sake at times and not because they are 100% sure of a project real intentions
newbie
Activity: 201
Merit: 0
August 16, 2018, 10:15:03 AM
Not at all it is just what they do some project that are rate very well by icos ratings sites still end up scamming people of their fund.
newbie
Activity: 121
Merit: 0
August 16, 2018, 10:12:28 AM
I don't trust them personally but I don't have any option since every one now go with them and I know some of this rating sites do receive payment from new project to rate them high. I think investing in a project is still a 50/50 risk no matter the ratings from ico sites
member
Activity: 879
Merit: 10
Sovryn - Brings DeFi to Bitcoin
August 16, 2018, 10:08:18 AM
no, because I see a lot of ico with good ratings but their sales are very bad and I think ico's success is not from the ratings it gets but from the products, concepts and offers given
newbie
Activity: 19
Merit: 0
August 16, 2018, 10:07:59 AM
No. I didn't. It is very easy to fake it.
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