Feature of ICO Ranking on Bitcointalk

ankurguta87

full member

Activity: 364

Merit: 117

Quote from: Jet Cash on May 25, 2018, 03:36:00 AM

How about just banning ICO announcements and their sig spammers.

It is the ideal step but very difficult to achieve. Primary goal of every website is to achieve traffic.

More traffic on website means more money. If bitcointalk ban ico postings, users will start posting on medium or any other forum.

Other forum will become hub for ico and alt tokens as well.

Ppl will start moving there and it will become a threat to this forum itself.

After all these ico posts are generating huge traffic for bitcointalk, and for those ico ppl are purchasing copper membership as well.

Jet Cash

legendary

Activity: 2688

Merit: 2444

https://JetCash.com

How about just banning ICO announcements and their sig spammers.

MainIbem

sr. member

Activity: 1316

Merit: 379

#SWGT PRE-SALE IS LIVE

The easiest way out is rate bounty managers. The forum has notable campaign managers. It is easy to identify campaigns that have been successful through the managers. It is easy to identify managers whose campaigns have not been successful. By successful I mean ending the campaign on record time. Issuing stakes and tokens on record time and listing tokens on exchange also on record time.

There are managers that can be rated with these parameters. Surely, an ICO that passes these stages cannot be termed a scam. What ever happened in the market is out of control of the developer.

I am sure the forum has enough resources to rate managers.

shield132

hero member

Activity: 2198

Merit: 847

hilariousetc said it correctly...
Firstly I have one question: If we rank ICOs officially, this means people will choose 1st one of course, so it will worsen job for other icos.
Then it's not a judgement forum to hire lawyers/judges to decide if ICO is scam or not.
Even if we rank and something unexpected happens, everyone will blame this forum. So why to do this? Administration is very liberal, you have your head and brain and are aduly, so decide where to invest and whom to trust.

OgNasty

donator

Activity: 4732

Merit: 4240

Leading Crypto Sports Betting & Casino Platform

The forum's stance is that they don't moderate scams. Ranking ICO's certainly sounds like moderating scams to me.

stompix

legendary

Activity: 2828

Merit: 6108

Blackjack.fun

Problem identified:

Quote from: ankurguta87 on May 24, 2018, 01:32:58 AM

Some scam ICOs also get funded due to unauthentic or may be paid rating or may be due to lack of awareness.

Solution:

Quote from: ankurguta87 on May 24, 2018, 01:32:58 AM

So can we develop a system where community member can vote for ICOs or any other way. So that ppl can invest in ICO with true rating.

Outcome: Fail.

No system is going to stop paid reviews and paid bumping, even if you put requirements like merit or rank for those that can leave feedback. Everybody has a price, the scams will still thrive.
And I'm willing to bet that legit ideas that can't afford to pay for ratings will get even less exposure.

TryNinja

legendary

Activity: 2758

Merit: 6830

Quote from: ankurguta87 on May 24, 2018, 01:32:58 AM

So can we develop a system where community member can vote for ICOs or any other way. So that ppl can invest in ICO with true rating.

Please don't tell me that you really think this is going to work.

What could possibly go wrong?

P.S: "Upvote our ICO on BitcoinTalk and earn 5 stakes"

hilariousetc

legendary

Activity: 2814

Merit: 3034

Join the world-leading crypto sportsbook NOW!

Quote from: ankurguta87 on May 24, 2018, 01:32:58 AM

Hi,

I have a proposal of adding ICO ranking feature on Bitcointalk. Due to increase in ICO interest a large number of crypto users are hunting for ICOs here n there.
Even through white paper it is not possible for many ppl to judge the ICO and its capability.
Some scam ICOs also get funded due to unauthentic or may be paid rating or may be due to lack of awareness. Bitcointalk is community working to make crypto world scam/spam free.

So can we develop a system where community member can vote for ICOs or any other way. So that ppl can invest in ICO with true rating.

What is stopping you - or someone else - from doing this? This is probably something the community is best off organising and I doubt this is something theymos or the forum would endorse because it would likely just lead to problems. People will start investing in ICOs the forum says are ok or legit and then what if they turn out to be a scam? People will blame the forum. I think people should just do their own research on ICOs but I can tell you that the vast majority of them are shady in some capacity or won't turn out to do what they promise or hope.

LTU_btc

legendary

Activity: 3038

Merit: 1330

Slava Ukraini!

First of all, it's Bitcoin forum, why we would need to have ICO rankings here?
Ok, you are offering voting system where members of Bitcointalk would be able to rate ICO's. But it wouldn't be true rating. Now we have so called ICO bumping services, then ICO voting services would appear. ICO's would hire these services to have better rating abd paid shills just would vote for.

Alone055

full member

Activity: 1035

Merit: 200

User ratings are not always 100% accurate. So such a feature can be a negative effect for the reputation of this forum if an ICO rated high turns a scam later on.
This forum should not take responsibility of the projects being carried out anywhere outside it which is not what this forum promises to serve. It would only be logical to clean the forum from them if they are suspicious, but not to rate them high or low by any mean.

Piggy

hero member

Activity: 784

Merit: 1416

Quote from: ankurguta87 on May 24, 2018, 01:32:58 AM

Hi,

I have a proposal of adding ICO ranking feature on Bitcointalk. Due to increase in ICO interest a large number of crypto users are hunting for ICOs here n there.
Even through white paper it is not possible for many ppl to judge the ICO and its capability.
Some scam ICOs also get funded due to unauthentic or may be paid rating or may be due to lack of awareness. Bitcointalk is community working to make crypto world scam/spam free.

So can we develop a system where community member can vote for ICOs or any other way. So that ppl can invest in ICO with true rating.

Maybe we could simply agree to leave negative trust to the thread opener with the reason why it is supposedly a scam. This would also make high rank and bounty manager do a bit of research before to open a thread for them. Even if the the red trust doesn't get confirmed it's still a valid way of warning.

flavio.rib

newbie

Activity: 209

Merit: 0

Quote from: ankurguta87 on May 24, 2018, 01:32:58 AM

Hi,

I have a proposal of adding ICO ranking feature on Bitcointalk. Due to increase in ICO interest a large number of crypto users are hunting for ICOs here n there.
Even through white paper it is not possible for many ppl to judge the ICO and its capability.
Some scam ICOs also get funded due to unauthentic or may be paid rating or may be due to lack of awareness. Bitcointalk is community working to make crypto world scam/spam free.

So can we develop a system where community member can vote for ICOs or any other way. So that ppl can invest in ICO with true rating.

is complicated to ranking a Ico without a life proof of the ico.
May be the Ideia of the manager is better.

MainIbem

sr. member

Activity: 1316

Merit: 379

#SWGT PRE-SALE IS LIVE

Quote from: ankurguta87 on May 24, 2018, 01:32:58 AM

Hi,

I have a proposal of adding ICO ranking feature on Bitcointalk. Due to increase in ICO interest a large number of crypto users are hunting for ICOs here n there.
Even through white paper it is not possible for many ppl to judge the ICO and its capability.
Some scam ICOs also get funded due to unauthentic or may be paid rating or may be due to lack of awareness. Bitcointalk is community working to make crypto world scam/spam free.

So can we develop a system where community member can vote for ICOs or any other way. So that ppl can invest in ICO with true rating.

The connection between bitcointalk and ICO is the Manager. So it will be more appropriate for bitcointalk to rate managers with providing record of successful campaigns that meet the aspirations of both bounty promoters and investors.

theyoungmillionaire

sr. member

Activity: 375

Merit: 1021

Just in case no one loves you, I love you 3000.

Hi, ankurguta87,

Thank you for the proposal to help eradicate frauds. However, you also stated the flaws in your proposal:

1.   White paper it is not possible for many people to judge the ICO and its capability.
2.   ICOs also get funded due to unauthentic or may be paid rating.
3.   Lack of awareness.

Community members do not have more time (giving merit(s) is already time consuming) to investigate every ICOs here. I am sorry but it will not help our community, it will only create more scam/problems (sample vote buying). Their money, their risk, not ours. They need to be more responsible enough with their money.

ankurguta87

full member

Activity: 364

Merit: 117

Hi,

I have a proposal of adding ICO ranking feature on Bitcointalk. Due to increase in ICO interest a large number of crypto users are hunting for ICOs here n there.
Even through white paper it is not possible for many ppl to judge the ICO and its capability.
Some scam ICOs also get funded due to unauthentic or may be paid rating or may be due to lack of awareness. Bitcointalk is community working to make crypto world scam/spam free.

So can we develop a system where community member can vote for ICOs or any other way. So that ppl can invest in ICO with true rating.

Topic: Feature of ICO Ranking on Bitcointalk (Read 224 times)