How trustworthy are ico rating sites?

jvdp

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Quote from: futureofeth on June 19, 2018, 07:23:57 AM

Quote from: xIIImaL on June 15, 2018, 04:10:04 PM

First prioty always go to ICObench to check whether it has the potential grow more in the market or not. Then I check the trackerico website always to find the review as well mate. Personally I do not be check these rating site and all.
If I want to invest on ICO. I use to check the white paper and complete team information. If you follow up that means alone you will be able to choose the right ICO bro.

ICO rating websites are based on the money spent by the owners but by studying ourselves it is impossible to find the best ICO, but by seeing from the ICO website we can able to find the potential coin and we have to go through the project which will impress us.

You cannot say all the rating site are same mate. Then if they pay and see their signature here and their project on social network means you can understand that project is worthy to invest your hardearned money on that ICO for profit purposes bro.
Then I would use to check the topicolist.com website to get the good ICO projects bro. Upon their listing I can see the legit listing there.

futureofeth

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Quote from: xIIImaL on June 15, 2018, 04:10:04 PM

First prioty always go to ICObench to check whether it has the potential grow more in the market or not. Then I check the trackerico website always to find the review as well mate. Personally I do not be check these rating site and all.
If I want to invest on ICO. I use to check the white paper and complete team information. If you follow up that means alone you will be able to choose the right ICO bro.

ICO rating websites are based on the money spent by the owners but by studying ourselves it is impossible to find the best ICO, but by seeing from the ICO website we can able to find the potential coin and we have to go through the project which will impress us.

tweetbit

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I know that rating site are business oriented. They make offers to developers of each coin for much higher ranking, that’s is always my perception that’s why I don’t rely on them. So I consider those just guide or pattern and I do my own research in the way before investing my hard earned money. Do we really believe in those when we already know the truth that money speaks louder than words for this kind of businesses.

BigTeeths

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After basing on their ratings to choose a bounty, my conclusion is they are worthless and untrustworthy. I don not rely to their 4-5 star ratings anymore because I always experience those projects getting postponed or cancelled at the middle of their campaign. Most of them are just paid.

DPrillio

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Quote from: edulord on June 18, 2018, 07:09:16 AM

Ico rating sites cannot really be trusted as most of them are paid to rate a project higher than it should. Some projects gets high ratings and end up being scam while the less rated projects are doing well in crypto. It is better to do a research about a project before you invest in it.

Maybe there are cases to be like that, but the main purpose of the ICO ratings for each rating site is to give people's idea and some background about that particular coin based on their assessment and speculative ideas through the purpose of each coin and how people or investor adapt on it, it's only a rare case that we say ICO rating is just like a paid advertisement and beside I always still believe and rely on their rating guide before I participate a bounty or doing investment in any ICO.

stomachgrowls

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Quote from: djselery on June 16, 2018, 11:54:44 AM

The trustworthy ICO rating websites are limited, I only trust ICObench and ICOholder, and even after checking the ratings there, I make an additional research to avoid all the risks before investing, or joining the bounty campaign. There is always a risk involved with the ICO investments so we have to study carefully the projects before the investment.

You cant totally call them to be trustworthy fully even though listing of ico is convincing but not totally a valid thing or sure thing to be followed if you are an investor.Additional research should really be needed if you are having a second thoughts on joining up. Our knowledge and research skills will vary and i agree on some dude mention on here that some of them are just shilling out a project because they had been paid and do their job. This is why further research is recommended anytime no matter how popular they are.

Ulfatron

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ICO rating sites is a good way to start out, when you are looking for information about new projects. I don´t think that ICO rating sites would collude with scammers. However they have their rating systems and they could possibly be gamed by scammers, so at the end of the day you will need to do your own due diligence before you invest in a project.

jackjackfly

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To buy or not to buy - that is the question ;)

I guess that the question how trustworthy ico rating sites is very difficult, as some just copying others websites, when the rest is just making high ranks as they were paid. So in my opinion better to rely on your own opinion

edulord

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Ico rating sites cannot really be trusted as most of them are paid to rate a project higher than it should. Some projects gets high ratings and end up being scam while the less rated projects are doing well in crypto. It is better to do a research about a project before you invest in it.

djselery

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The trustworthy ICO rating websites are limited, I only trust ICObench and ICOholder, and even after checking the ratings there, I make an additional research to avoid all the risks before investing, or joining the bounty campaign. There is always a risk involved with the ICO investments so we have to study carefully the projects before the investment.

Claudyah

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Quote from: limmousine on September 15, 2017, 08:13:53 PM

I think there is no company that specifically oversees ico. this job is good and needed. but I think all that has been answered with there eth smart contract and escrow service.

there is no official oversight but here we will be forced to do our best with our honesty and expertise to be paid by a product or company who judges for those who open the service.

xIIImaL

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First prioty always go to ICObench to check whether it has the potential grow more in the market or not. Then I check the trackerico website always to find the review as well mate. Personally I do not be check these rating site and all.
If I want to invest on ICO. I use to check the white paper and complete team information. If you follow up that means alone you will be able to choose the right ICO bro.

Hamphser

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Quote from: shoreno on June 13, 2018, 08:18:17 PM

Quote from: boss1dg on June 11, 2018, 06:07:46 PM

I will strongly recommend you not to believe all those ratings on any ICO site , just use them for reference for upcoming ICOs . some sites have same members who rate high even to low profile projects .
I am not saying you to even dont read , you can read review but also do check all the things about project yourself . collect as much info as you can gain .

i agree because not all reviews that we can find on the net are real, most of them are just a shill or paid/fake review. Much better if we can always check the ico details ourself so that we can be sure if that ico is really legit.

i also notice that there are so many ico rating and ico related services nowadays scattering around the web , these factors can also add to our confusion . I suggest click only on the first page results of google because that is the most reliable source among others.

Ive remembered that i do only make use of Icorating and Icobench and now there are lots of popping out like mushrooms because ico investment is becoming a trend which means investors can really seek out or surf to those sites for finding informations. Even since from the start i dont already have trust into those informations given by them. Manipulation or deception is possible because anything can really be bought for the sake of false advertisement for fraud projects.

Bithunters

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I do an assessment of the rating site, because i can not really trust the assessment that has been issued as a recommendation for potential bounty players and investor

tinyteapot

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I believe it is better to do your own research about a project before you invest in it because some projects do not really worth the rating they get from icorating. Some of them pay to get the rating and some projects that have good rating sometimes end up being scam icos.

Esterklu

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I see that a lot of ICO sites are getting paid for reviews, so even if i am using them i make my own research. But sometimes they are very useful.

shoreno

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Quote from: boss1dg on June 11, 2018, 06:07:46 PM

I will strongly recommend you not to believe all those ratings on any ICO site , just use them for reference for upcoming ICOs . some sites have same members who rate high even to low profile projects .
I am not saying you to even dont read , you can read review but also do check all the things about project yourself . collect as much info as you can gain .

i agree because not all reviews that we can find on the net are real, most of them are just a shill or paid/fake review. Much better if we can always check the ico details ourself so that we can be sure if that ico is really legit.

i also notice that there are so many ico rating and ico related services nowadays scattering around the web , these factors can also add to our confusion . I suggest click only on the first page results of google because that is the most reliable source among others.

prokerduit

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icoalert and icocoundt down is the best in my opinion. besides payment to those who are expensive but simbang with what they do. hope my opinion can help

boss1dg

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I will strongly recommend you not to believe all those ratings on any ICO site , just use them for reference for upcoming ICOs . some sites have same members who rate high even to low profile projects .
I am not saying you to even dont read , you can read review but also do check all the things about project yourself . collect as much info as you can gain .

Mobshady24

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Quote from: metalbean on September 15, 2017, 01:28:37 PM

Some are doing a great job overseeing ICO teams, but how do we prevent collusion?

Just asking

simply nope, but there are legit ones on the list but most on the list of top ICO or hot ICOs are just simply paid these site in order to receive good ratings from the website.

Lanatsa

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Quote from: DPrillio on June 11, 2018, 06:33:57 AM

Quote from: arpon11 on June 11, 2018, 01:53:15 AM

I was serious afraid of investing into any projects after seeing some icos rated high by some of the knowing rating sites and at the end some of them turned out to be sit or scam projects. I have to seat down and analyzed each project that I want to invest in myself instead of depending on rating sites.

Yes, definitely you can be rely on your self by your analysis and judgement prior investing, ICO ratings is just a guide and came from speculations and some are making survey but still at the end all are came by surprise since there are high rated ICO but the result is not successful, everything is unpredictable. That is why sometimes I can say that investment is through timing and luck.

This turns out to prove that most of them are being paid off by the project itself to be placed on top rated ICO's which as an investor which do seek out informations can easily fooled out to invest due to these informations but not totally an accurate thing or can really be relied when it comes to investing or to make profits.I dont trust them eversince, might a good thing to look at but always verify it with your own research.

saqwe

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It is better to rely on your intuition after conduction a thorough research about the project you want to invest in and you are sure it is worth investing in. Even though some projects are rated wrongly, ico rating sometime act as a guide because some of the ratings are actually worth it at the end while some otherwise. That is why it is not good to depend only on ico rating but also do your own research.

DPrillio

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Quote from: arpon11 on June 11, 2018, 01:53:15 AM

I was serious afraid of investing into any projects after seeing some icos rated high by some of the knowing rating sites and at the end some of them turned out to be sit or scam projects. I have to seat down and analyzed each project that I want to invest in myself instead of depending on rating sites.

Yes, definitely you can be rely on your self by your analysis and judgement prior investing, ICO ratings is just a guide and came from speculations and some are making survey but still at the end all are came by surprise since there are high rated ICO but the result is not successful, everything is unpredictable. That is why sometimes I can say that investment is through timing and luck.

jrrsparkles

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Don't trust the ICO rating sites because most of them were paid sites so even scam sites can get into a better rank by paying the site owners so this is not that much trustworth in my opinion so if you want to invest on bounty you need to have the knowledge about the crypto currencies and the evaluating the upcoming project and its potential.

arpon11

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I was serious afraid of investing into any projects after seeing some icos rated high by some of the knowing rating sites and at the end some of them turned out to be sit or scam projects. I have to seat down and analyzed each project that I want to invest in myself instead of depending on rating sites.

StockBet.com

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Quote from: byusboy on September 16, 2017, 08:42:45 AM

A lot of them are paid. Only trust your own judgement.

Several of them are. Some aren't, such as icoalert.com.

There are many sites that list ICOs and token sales. However, they are a subset of the list on Bitcointalk.org's Announcement (Altcoins) page, for the following reasons:

Not all of the project teams will know about all of the ICO sites, but they all know about and will announce on Bitcointalk.org's Announcement (Altcoins) page
Not all of the projects will pay to get listed on these ICO sites

However, Bitcointalk.org's Announcement (Altcoins) sorts the announcements based on which ones had the most recent comments. Therefore, on the first page, you'll see announcements that were originally posted months ago and even announcements whose token sales have ended.

To find the most recent announcements, go to Bitcointalk's advanced search page and enter:

ANN in the "Search for:" field
Change the "Between 0 and 9999 days" field
Under "Choose a board to search in, or search all", uncheck "Check all". Then click on + to expand the list and check only "Announcements (Altcoins)"
Click Search

This will show the announcements for the days that you selected.

bigdogdan2

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CrushCrypto is a good one
https://crushcrypto.com/ico-analysis/

Best way to judge is look at past reviews from review sites and see what % are they accurate on.

cu_c

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ICO rating sites are totally bullshit. Don't trust them. Sad

skyline247

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ICO rating sites are usually referral schemes that only want you to click their referral link to get commission when you invest into to ICO.

makulo123

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They aren't. They are just pure fabrication of money. ICO projects pay them to list them higher. Pure example of such thing is icobench.com. But there are some trustworthy sites as well.

bramborakymilenec

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Sadly i am assuming that most of the websites receive some sort of payment for thier review, it's no coincidence that the ICO's rated highly are involved in heavy marketing budgets.

Best thing to do is to judge them yourselves and work from there.

CoinSpeculator

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https://tokenmarket.net/
you can use this website. there have many user's ratings and previews.

Temmy007

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Quote from: byusboy on September 16, 2017, 08:42:45 AM

Quote from: metalbean on September 15, 2017, 01:28:37 PM

Some are doing a great job overseeing ICO teams, but how do we prevent collusion?

Just asking

A lot of them are paid. Only trust your own judgement.

Yea this is right.. And do your research well

BUK2016

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Quote from: metalbean on September 15, 2017, 01:28:37 PM

Some are doing a great job overseeing ICO teams, but how do we prevent collusion?

Just asking

There are some who oversee ICO that are ligitimate because,is in their policy that they don't advertise ICO that are not legit. But for others who there prime motive is to make profit not minding the people who visit their site, they end up advertising both legitimate and illegal business.

byusboy

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Quote from: metalbean on September 15, 2017, 01:28:37 PM

Some are doing a great job overseeing ICO teams, but how do we prevent collusion?

Just asking

A lot of them are paid. Only trust your own judgement.

bundo

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Before ico is done, they already have an organizational structure, and have their respective roles in the field ..
and they are experts in their field,
so,,not supervised

metalbean

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Quote from: RoommateAgreement on September 16, 2017, 06:37:47 AM

nobody creates a website for no reason and "just to help" others. they have some motivation that they have created that website.
it can simply be to get some traffic and earn money through the advertisement (which is mostly the case in crypto related websites) and in that case they don't usually care about the content and they post anything just to get that traffic. see the news sites and their click-baits for examples.

or it can be because they want to have the power to even hype something they have invested in. and in that case they may falsely praise and advertise something more than others just because they have an investment in it.

No kindness out of no where Wink

RoommateAgreement

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Bazinga!

nobody creates a website for no reason and "just to help" others. they have some motivation that they have created that website.
it can simply be to get some traffic and earn money through the advertisement (which is mostly the case in crypto related websites) and in that case they don't usually care about the content and they post anything just to get that traffic. see the news sites and their click-baits for examples.

or it can be because they want to have the power to even hype something they have invested in. and in that case they may falsely praise and advertise something more than others just because they have an investment in it.

DRVX

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Quote from: timet678 on September 15, 2017, 07:39:00 PM

Good question. I tend to think the two linked below are pretty trustworthy. I've been following them for months and their calls have been quite accurate.

https://crushcrypto.com/ico-analysis/
https://picoloresearch.com/

Here's an example of one I wouldn't find trustworthy. They give various projects a platinum rating but apparently that rating is just paid marketing. They admit to it in the comments on this ico: https://www.coinschedule.com/projects/1199/monkey-capital-ico.html

In the end you need to be careful whose opinion you trust when it comes to investing money and always do your own research.

Hey, what do you thing about this websites?
http://icorating.com/
tokenmarket.net
Are they giving correct information?

renes

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Yes they high likely receive payments for promotion but even they are honest in reviews, you should always do your own research.

metalbean

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Quote from: TheBobyHunter on September 15, 2017, 07:53:09 PM

the best ico rating site or ico service site is tokenmarket
another tokenmarket icocountdown and icoalert

I hear tokenmarket alot and they've been around the longest (i think)

However it also strange and interesting that ICOs listed on their sites have tokenmarket sits in the service as advisor, for example Monaco. Just saying.

And thanks for icocountdown and icoalert.

V1saya

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Quote from: cenicsoft on September 15, 2017, 07:29:03 PM

You don't. Lots of them receive payment for reviews/promotion. Still best to judge the ICO yourself.

You are right, mate. As a matter of fact, ICO rating sites are now fast becoming an instrument of ICOs to somehow make their ICO look very promising and legitimate. You should try to go deeper than these sites. Urge yourself not to be satisfied with what the ICO sites are saying.

Prodigan786

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Lots of Ico website paying for review for the contributor and also they are charging for Ico listing in their website it's pure business no one is doing charity here . After lots review I followed finally decided not to trust any Ico review Website.

bbc.reporter

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Quote from: cenicsoft on September 15, 2017, 07:29:03 PM

You don't. Lots of them receive payment for reviews/promotion. Still best to judge the ICO yourself.

Yes they do. They are as vile and corrupt as some of the people behind ICOs. But the problem is most of us are not technically capable to assess and judge an ICO for ourselves. The community is still the best source of information but it can be manipulated by making fake accounts in the forums.

Read the article about Moody's. If they can cheat their own ratings under the noses of the SEC then it would be very easy for ICO rating sites to make up their own ratings.

The credit rating agency Moody’s has agreed to pay nearly $864m to settle with US federal and state authorities over its ratings of risky mortgage securities in the run-up to the 2008 financial crisis, the department of justice said on Friday.

Moody’s reached the deal with the justice department, 21 states and the District of Columbia, resolving allegations that the firm contributed to the worst financial crisis since the Great Depression, the department said in a statement.

“Moody’s failed to adhere to its own credit-rating standards and fell short on its pledge of transparency in the run-up to the ‘great recession’,” principal deputy associate attorney general Bill Baer said in the statement.

https://www.theguardian.com/business/2017/jan/14/moodys-864m-penalty-for-ratings-in-run-up-to-2008-financial-crisis

Cloud27

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You can't prevent the collusion between them that is their bread and butter. Still the best we can do are to read, research and ask questions regarding that ICO. Be censorious or do we want the ICO be regulated.

limmousine

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I think there is no company that specifically oversees ico. this job is good and needed. but I think all that has been answered with there eth smart contract and escrow service.

TheBobyHunter

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the best ico rating site or ico service site is tokenmarket
another tokenmarket icocountdown and icoalert

nightmanisrightman

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Global Risk Exchange - gref.io

I would also say not very trustworthy. Think about it they are getting paid (or most likely are) to summarize an ICO. Do you really think it wont be biased? Good luck on them trying

to stay subjective. They will write a good report because then in future it gets more ICOs to list with them. I would disregard anything an ICO site says and just DYOR. You will know

much better for yourself whether project will do okay. If you need facts and a quick summary then its no harm but dont go basing your whole decision off of an ICO site thats real bad.

timet678

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Good question. I tend to think the two linked below are pretty trustworthy. I've been following them for months and their calls have been quite accurate.

https://crushcrypto.com/ico-analysis/
https://picoloresearch.com/

Here's an example of one I wouldn't find trustworthy. They give various projects a platinum rating but apparently that rating is just paid marketing. They admit to it in the comments on this ico: https://www.coinschedule.com/projects/1199/monkey-capital-ico.html

In the end you need to be careful whose opinion you trust when it comes to investing money and always do your own research.

cenicsoft

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You don't. Lots of them receive payment for reviews/promotion. Still best to judge the ICO yourself.

metalbean

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Some are doing a great job overseeing ICO teams, but how do we prevent collusion?

Just asking

Topic: How trustworthy are ico rating sites? (Read 1450 times)