free shared research / due diligence for qualified investors

shaw1

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Merit: 297

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You're way off base, here.

Firstly, you are confusing due diligence with "googling", which isn't deep enough, and doesn't provide a reasonable amount of research to invest.

Quote

The difference here is that the external party is being paid and would be held liable if their report turned out to be wrong thereby misleading the investor.

You are so wrong here it isn't even funny.
I know of a guy from SA who ran a 3000 BTC pyramid scam. Still isn't incarcerated or in any way punished.

So if millions of dollars isn't enough to be held liable, you think these guys will over your couple hundred dollar investments?
That is either tremendous naivety, or complete stupidity.

People are responsible for thinking for themselves. Period. If OP wants to assist in making information available about these ICOs, that's great. But if they claim to be doing the due diligence for others, they are vastly overstepping their bounds, and are setting people up for failure.

audaciousbeing

hero member

Activity: 1330

Merit: 569

Quote from: shaw1 on June 05, 2018, 08:14:18 PM

My opinion is that allowing others to think for you, or "help" you to think is a great way to lose money, or get taken.

Also the fact that you give it away for free is suspect. You're just a nice guy/gal/group that wants to help the world?
Or are you profiting off of it?

Now, regardless of the answer, this isn't a good idea.

If you don't do your own due diligence, you deserve everything that comes to you. And it'll hit hard.

No there is nothing wrong in giving idea and its also not compulsory to due diligence on your own because an average crypto investor would only search on Google to know if the information provided by the ICO checked out which a perfect scam would have covered that part without any loophole but due diligence is more than that as it goes deeper than the face value of it. Even in the corporate world, a firm does not just put money into any business, they hire external consultants for the due diligence projects then come up with several recommendations on whether to move forward with the investment of not.

The difference here is that the external party is being paid and would be held liable if their report turned out to be wrong thereby misleading the investor. If Op could make some guarantee and even charge some fees to that effect, I don't see anything wrong in the service he is proposing to offer to the community and he could make a name for himself but rather making the report public, he should rather keep it private.

shaw1

sr. member

Activity: 504

Merit: 297

CryptoTalk.Org - Get Paid for every Post!

My opinion is that allowing others to think for you, or "help" you to think is a great way to lose money, or get taken.

Also the fact that you give it away for free is suspect. You're just a nice guy/gal/group that wants to help the world?
Or are you profiting off of it?

Now, regardless of the answer, this isn't a good idea.

If you don't do your own due diligence, you deserve everything that comes to you. And it'll hit hard.

KryptoKings

hero member

Activity: 854

Merit: 506

do not hesitate to give your opinion. our view are crucial for us...

KryptoKings

hero member

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Merit: 506

Quote from: ?? on ??

www.CryptoCompass.io

____________________________________

CryptoCompass is a community-platform that serves you with the best possible deals on ICO sales of its' partner projects.

We at CryptoCompass work with a network of independent experts coming from financial and crypto worlds to serve you operational due diligence with more than 150 criteria on the selected projects.

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We scrutinize among others: business model, competition, technology, legal, token structuration, team background checks.

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At CryptoCompass we ONLY propose projects from registered companies.

____________________

We meet/converse with the founders in person and are very selective on the quality of the proposed projects.

____________________

We have ambassador/consultant agreements with all the projects we work with and are in relation with several European based Crypto funds.

____________________

We post our new deals we have negotiated on a monthly basis and inform you about the ongoing and upcoming projects.
Some but not all the projects offer discounts and bonuses to the community.

____________________

We propose premium deals to our members before public sale.

CryptoCompass would like to thank all of the contributors for cooperation during the last deal.

Topic: free shared research / due diligence for qualified investors (Read 90 times)