Topic: icoSource System of weeding out Scam projects - have your say. (Read 86 times)

Good Morning and Good Evening to Everyone.


My name is Joel McLeod, and I'm one of the founders of icoSource (https://icosource.io).  We've been operating for the past 2 months, and have listed some of best performing ICO's during that period such as Qash, Blockstack and FidentiaX.

As our maiden post here, we wanted to invite suggestions for additions to our draft "Minimum Viable Offerings" system, which will be our entry-point checklist to catch and remove substandard listings early on our site.  Even though I know personally that there are a majority of the projects entering the market each day that are legitimate, built on quality teams and deep resources and skills, there is still a considerable percentage that we encounter that are half-assed at best, and malicious at worst.

Please feel free to post your suggestions here, and we will consider all feedback that we receive. We hope to possibly even create some dialogue here about the direction this industry will head in, and ways that those that are a part of it can pre-emptively work to reduce risks for investors, as opposed to waiting for regulation to force a reduction in innovation, while it creates a reduction in risk simultaneously.


Our current 6 checks in order to accept an ICO for listing with us are:

1.  Display the members of their team on their homepage
2.  Contact us via an email which includes the project url.
3.  Have both Facebook and Twitter pages for their project.
4.  Have a minimum of two of:  Slack, Telegram, Reddit, BitcoinTalk, Discord, Github and Medium.
5.  Must have a whitepaper.
6.  Their logo must be of a high enough quality to portray a professional project.


These really are the basics, and we're looking for creative ideas that maximally identify malicious projects, while minimally reduce the amount of legitimate projects that we take in.  Thanks for for your suggestions, time and the ongoing support we receive from the community!