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Topic: ICO BENCH IS ASKING PAYMENT FOR "EXPERT" STATUS! - page 2. (Read 1439 times)

member
Activity: 336
Merit: 14
Anyone who makes investment decisions based on the ICO rating sites deserves to lose their money. They do not do any analysis and from this article it is obvious that the expertise of their "experts" is negligable. It only really shows the ability to make a BitCoin Transfer. I imagine that these so called experts also rent out their services to potential ICO's offering them a high ICO rating in return for cash or tokens.

mostly people only buy token via checking rating and moon dreams , those people are the main target of such sites and so called experts who give high rating to projects which have no intention to work only a cash grab project .
That's why people are always advised to do own research and invest time in learning this market . or at least follow people who give ratings to really hyped potential projects .
Potential ICOs or really good projects don't pay to such people who can rate 5 star to any ICO , they pay to better people and sometimes they even don't need to pay . not all the ICOs on that site are scam or shit projects , but still most of them are .
member
Activity: 336
Merit: 14
nothing shocking , i saw many paid biased reviews on icobench for many projects , and situation is now even more worse , they are rating 4 to 5 star even a scam project which raised funds and run away with investors money without showing face after ICO .
so no one on that site care for biased rating or manipulation of such kind , everyone concerned for money . Few experts there are part of a same PR company which charge huge money from ICO and then later that group give ratings to them . saying it on basis of my experience .
newbie
Activity: 106
Merit: 0

That is strange.  It means that you someone pay them very well they will give a nice and amazing review without actually looking at the project.
jr. member
Activity: 164
Merit: 3
It is the service they create that makes them charge what they do and that is simply because they place a lot of value on what they have to offer. A lot of people keep complaining about this platform but I do not know why they have not started theirs to try to make things better.

A lot of people are setting up their own ICO rating platforms because of ICO Bench.

Saying "do it yourself better" is not a very good argument here, because people are going it already.

This is also the reason why people want to expose ICO Bench, so that community will move to use those other more honest platforms.
hero member
Activity: 798
Merit: 503

This is just the height of it to say that their reviews cannot be said to be objective. The fact is they are only relying on the status the community have give them by defaulting assuming that their review is sacrosanct to every ICO project that is launched and based on that determined which one to invest in or not. That singular action is centralising decision making which negates the very essence of crypto currencies.
newbie
Activity: 168
Merit: 0

Someone still trusts this web-site? I participated in 4.5 benchy bounty so today i just received 3 dollars for 2 months' work. Can you believe it that after ICO ended and the price went down three times the still hold it's "high" status Smiley
I try to stay it out.
legendary
Activity: 1386
Merit: 1058
I still trust ICOBench, I have heard a lot of bad news about this site. But they really choose the best ICOs. Never have any problem when I invested into ICO with good rating on ICOBench.
It is the service they create that makes them charge what they do and that is simply because they place a lot of value on what they have to offer. A lot of people keep complaining about this platform but I do not know why they have not started theirs to try to make things better.

It could be a huge price, and for sure, it is a whole lot, but they are still assisting those who may want to filter out their research on projects to invest in and if developers feel it is enough to pay for being shown to big investors, then we just have to accept it as it is.
newbie
Activity: 86
Merit: 0

Not great news.. I still believe icobench is very useful resource but asking money for publishing an expert - not a good sign.

I like this ons, they never ask money for just posting ICO/agency/expert or other information: https://forico.io
jr. member
Activity: 164
Merit: 3
Well I think everyone here knows icobench or any ico review sites are corrupted. There's a post lately of how much would it cost an ICO in receiving a 5 star review from ICObench. I think this needs to be fixed because most of the ICO's right now are scams. Anyways, @OP try cooperating with menlo.one they'll be launching a guild-system review platform where this kind of foolishness doesn't exist.

Are you talking about this one?

https://medium.com/alethena/this-is-how-easy-it-is-to-buy-ico-ratings-an-investigation-13d07e987394

Yes that's quite an interesting article. Impressive that they went through all that trouble and even paid for those fake ratings just to expose them later. Thumb up to those guys!
full member
Activity: 640
Merit: 100
Never rely on some ICO rating sites only. Before investing in any ICP or altcoin always learn about the project, idea, team, product and only if you really see that this ICO can change our life to better, then invest in it)
newbie
Activity: 168
Merit: 0
So it's true. ICO bench is one the best benchmark for ICO even me i always go there whenever i search for the top ICO's but this article got me. I don't know if trust this ICO bench anymore. 2btc for an expert status that's quite high.
sr. member
Activity: 952
Merit: 253
Damn that is big news, thanks for sharing about it. But it is make me speechless, the disclosure able to share some proof tho.
Above articel has opened our eyes / those investor to do some reseach before do investing. Give a fake information for something that are purpose of crime.
I'm not surprised about that. This has been discussed in so many groups never try to believe with ico bench or any other ico list site right now. They are only getting paid to be listed or give any review to the any ico that has already paid their service. It can't be trusted. it can be considered as a scam too.
newbie
Activity: 3
Merit: 0

Wow. This is a bomb. I have been relying on ico rating websites when choosing ICOs to join and icobench was one of my best picks. I believed at its rating because I thought it was true, or so I thought. This would be the second article that brought realizations to me and this greatly influenced my perspectives toward ico rating websites in general because who knows if other websites also has this kind of anomaly that isn't exposed just yet.

This is the second negative topic about ICOBench. The first one was about lowing rating for ICOs which didn't buy premium packages... For me it was one of the best places to look for great ICOs, but it's probably good time to look for another one.

So someone has mentioned this already, and full disclosure, I'm actually part of the team - so here comes a mini-pitch.

Check out Menlo One (https://menlo.one) We're working super hard to eliminate the dodginess, pay to play and outright fraud in the industry with our ICO marketplace - I'd recommend checking out the bluepaper, which talks in depth about how we'll use various features to combat this (crap).

Sorry about the shameless plug here guys, we're all pretty passionate about creating a trustless environment where anyone can rate ICO's as a single person or as part of a group (Guild), and your reputation is earned over time, based on the community's reception and accuracy of your calls.

We'd love it if you took a look at our stuff, and we'd love it more if you signed up to create your own guild once we launch! Cheesy
newbie
Activity: 20
Merit: 0
This is the second negative topic about ICOBench. The first one was about lowing rating for ICOs which didn't buy premium packages... For me it was one of the best places to look for great ICOs, but it's probably good time to look for another one.

I think this was the 3rd issue about it. The 2nd one was buying for a good review on their site. Well i suggest to research about menlo.one you'll find their concept very interesting and on-point to what is happening right now.
newbie
Activity: 34
Merit: 0

Wow. This is a bomb. I have been relying on ico rating websites when choosing ICOs to join and icobench was one of my best picks. I believed at its rating because I thought it was true, or so I thought. This would be the second article that brought realizations to me and this greatly influenced my perspectives toward ico rating websites in general because who knows if other websites also has this kind of anomaly that isn't exposed just yet.

This is the second negative topic about ICOBench. The first one was about lowing rating for ICOs which didn't buy premium packages... For me it was one of the best places to look for great ICOs, but it's probably good time to look for another one.
newbie
Activity: 20
Merit: 0
Well I think everyone here knows icobench or any ico review sites are corrupted. There's a post lately of how much would it cost an ICO in receiving a 5 star review from ICObench. I think this needs to be fixed because most of the ICO's right now are scams. Anyways, @OP try cooperating with menlo.one they'll be launching a guild-system review platform where this kind of foolishness doesn't exist.
full member
Activity: 420
Merit: 103

Wow. This is a bomb. I have been relying on ico rating websites when choosing ICOs to join and icobench was one of my best picks. I believed at its rating because I thought it was true, or so I thought. This would be the second article that brought realizations to me and this greatly influenced my perspectives toward ico rating websites in general because who knows if other websites also has this kind of anomaly that isn't exposed just yet.
jr. member
Activity: 164
Merit: 3
So those only who paid high will get 5 star rating? this is bad, I never trust these kind of rating ICO website, the rating are already fixed by paying better to research ICO by yourself than looking high rating ICO with no guarantee if it is legit.

It sure looks like that.
newbie
Activity: 140
Merit: 0
Well I am not so surprised because most times you will see a project which is not so good but it will have a high review for ico bench, Like I have always said, I believe ico drops more than any other ico sites.
full member
Activity: 874
Merit: 125
They are not satisfied by the money they get to sponsor the ICOs and write a positive review of them, now they also want users to pay to get their correct opinion. No thanks, I'll make opinion of my own.
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