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Topic: Never trust an ICO ranking site! - page 6. (Read 2615 times)

member
Activity: 484
Merit: 11
May 14, 2020, 09:57:57 AM
Yeah, that is the reality of ICO nowaday, ICO site ranking is useless tool for us to find at least that ICO not scam, no matter how much the price is. 2 years ago i participate bounty campaign, then i check in ico site to looking how good it is, they just give 2/5 stars as their judgement. In fact, after the campaign has finish, that ICO is legit and have lot of demand in the market.
newbie
Activity: 89
Merit: 0
May 12, 2020, 11:01:08 PM
Moreover most ICOs are scam projects aiming to steal funds from their investors and do nothing after it or release some sort of useless stuff calling it 'a project'.
full member
Activity: 994
Merit: 106
Official Street Team member
May 12, 2020, 07:35:31 PM
Well I can't agree with you. Latoken helps young projects to start their way and be introduced to potential investors. They do their work within exchange's responsibility. They give exchange infrastructure and projects just should continue their work with market making etc. As for us, we just should choose among them or pass by.
Helping young projects or scam projects? Look at the average IEO on LAToken it is not clear when it will end and when it will be traded, it is clear that LAToken does not care about investors.
newbie
Activity: 63
Merit: 0
May 12, 2020, 12:00:43 PM
Well i knew this issue a long time ago. It is true that project paid ico rater to make a good review for the project it self. For who want to make an investment on cryptocurrency you should put your money on IEO project. Ico is dying and untrusted anymore.
Not all IEO are capable producing profits. This aspect limits only to those good exchange and those that have keep trying only resulted to loss. See how p2pb2b and latoken experienced? These exchange conducting IEO too but I would never buy single IEO token from their offers. They dont introduced good projects but keep running IEO for what? Money? Of course its the reason. Even with huge exchange this is the case but at least they are doing their prep work.

ICO sites cant be trusted anymore and this is a fact. Maybe the hype of 2017 will never happen again on ICO space.

Well I can't agree with you. Latoken helps young projects to start their way and be introduced to potential investors. They do their work within exchange's responsibility. They give exchange infrastructure and projects just should continue their work with market making etc. As for us, we just should choose among them or pass by.
member
Activity: 550
Merit: 10
May 12, 2020, 11:55:28 AM
true, some ICO just pay ranking site so that their ratings about them on that ranking site is quite good even doe its a pretty bad ICO.
fvb
member
Activity: 1470
Merit: 13
May 12, 2020, 06:43:34 AM
I used to look at ratings and choose a bounty.  But then I realized that this does not work.  Because companies with a high rating did not even go public.  I think it’s better to look for information yourself and draw conclusions.
hero member
Activity: 938
Merit: 501
May 12, 2020, 03:16:08 AM
ICO review websites only help investors during 2017-2018. Because at that time people didn't have the knowledge to evaluate new projects, but now everyone has a lot of knowledge and does their own research. So such sites are no longer working so much in this market
hero member
Activity: 994
Merit: 503
May 12, 2020, 02:36:39 AM
I don't believe in ICO ranking sites. Most of them are paid and not real.
The more they get from the team (payment) the better the rank they will give!

What I am looking for in ICO is looking at MVP, live and working products. Something that really can make a difference. Not just empty words with fancy pictures.
Yes, we cannot trust any grading from review sites. I feel that they often rate scam projects at a high rate, and when I contacted telegram to ask them about the scam of a project more than 8.8 points, they said it was a development team malfunction. and they have nothing to do with it. This really annoys me, they have no responsibility in their expertise. So we should have our own evaluation experience, which will be a safe solution for us.
sr. member
Activity: 2030
Merit: 269
May 12, 2020, 01:02:41 AM
I don't believe in ICO ranking sites. Most of them are paid and not real.
The more they get from the team (payment) the better the rank they will give!

What I am looking for in ICO is looking at MVP, live and working products. Something that really can make a difference. Not just empty words with fancy pictures.

Only newbies will believe in these ICO rating sites, they are not contributing to the betterment of the community, we can treat them as a bad sector of the industry for continuously conniving with scammers in the business, I'd like them to get out of business, they don't deserve our support.
copper member
Activity: 351
Merit: 1
May 12, 2020, 12:09:12 AM
I don't believe in ICO ranking sites. Most of them are paid and not real.
The more they get from the team (payment) the better the rank they will give!

What I am looking for in ICO is looking at MVP, live and working products. Something that really can make a difference. Not just empty words with fancy pictures.
lol ico ranking sites are like paid promotion.. lol.. similar to bounty hunters.. these are no longer a big deal in the crypto space.. investors no longer fall for such cheap scams
hero member
Activity: 2282
Merit: 505
May 11, 2020, 10:46:29 PM
ICO device site is not a safe place to analyze projects and you don't need to trust it. every ico website always displays valid project data to make it look convincing. they are paid to show the reputation of the project as well as possible, so I hope anyone can reconsider about the ico website.
At this time nobody trusts the ICO website anymore, because the average ICO project no longer benefits anyone, including investors, so don't worry about the ICO website because now people are busy analyzing the IEO projects that are in the top exchanges.
It's maybe you but im still seeing there was a lot of people that still trust the ico site. if there were no people trust this site and how there were so many IEO and ICO that already raised or even touched the hardcap instantly? that reflects the trust that is still owned by the investors.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
May 11, 2020, 10:17:49 PM
I was believing in ICO ranking site like ICOb*nch until there was a scam ICO listed there.
There is because scams does not happen immediate, some are legit from the beginning but the moment they collected the money, slowly they will leave the project until people sees it that the project is dying, there's a lot of project like that in the past.

It is ok to get ICO reference from ICO ranking sites but don't 100% believe what you read.
The best way to do after all is researching the project by our own effort, so we can take fully responsible of our money.

The thing is, we don't have to fully rely on their reviews, as that is their personal review, it could be bias so you might be mislead, still the best way to evaluate the project is spending time and effort to analyze it.
sr. member
Activity: 1638
Merit: 251
May 11, 2020, 09:18:37 PM
I was believing in ICO ranking site like ICOb*nch until there was a scam ICO listed there.
It is ok to get ICO reference from ICO ranking sites but don't 100% believe what you read.
The best way to do after all is researching the project by our own effort, so we can take fully responsible of our money.
full member
Activity: 1498
Merit: 129
May 11, 2020, 03:13:47 PM
I ones work for a top ICO ranking site. What they do is basically data collections most time for popular forum like the ANN thread here on the BTT. However, they also write their individual reviews and other recommendation which is not always free. The project will pay them to do this and they will also list the ICO on their premium group
sr. member
Activity: 616
Merit: 250
May 11, 2020, 02:38:49 PM
One thing you should keep in mind is those ICO ranking websites are paid for promotions reason why ICO dumped as it is now assuming there was a strict measures in selections of ICOs to promote, we would have been having ICO challenge but because they are paid to promote their project without having to check the authenticity of the project. I am not a fan of ICO anymore anyway.
member
Activity: 665
Merit: 10
SOL.BIOKRIPT.COM
May 11, 2020, 02:02:17 PM
Basically i never follow ICO rating site before and still now because i always want more analysis about those project well. After that i will invest a project when my mind said this project real and promising. ICO rating site also fake because there system us to pays fees.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
May 11, 2020, 01:58:22 PM
I don't believe in ICO ranking sites. Most of them are paid and not real.
The more they get from the team (payment) the better the rank they will give!

What I am looking for in ICO is looking at MVP, live and working products. Something that really can make a difference. Not just empty words with fancy pictures.
It has been known for a very long time that those ranking websites are useless because as you say they accept payment for a better ranking defeating the whole purpose of their website by doing that, there is nothing that can substitute doing your due diligence on each project in which you are interested in investing and if you are not willing to do that then you have no chance of becoming a successful investor in the future and most likely you will lose everything that you have very soon.
full member
Activity: 1050
Merit: 100
May 11, 2020, 01:13:44 PM
ICO device site is not a safe place to analyze projects and you don't need to trust it. every ico website always displays valid project data to make it look convincing. they are paid to show the reputation of the project as well as possible, so I hope anyone can reconsider about the ico website.
At this time nobody trusts the ICO website anymore, because the average ICO project no longer benefits anyone, including investors, so don't worry about the ICO website because now people are busy analyzing the IEO projects that are in the top exchanges.
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
May 11, 2020, 01:12:42 PM
I kinda understand their point of view as well. If I start a company and there are not really that many people that visit and make me money from affiliate links and ads and all of that, I think it is understandable why they would sell their integrity and rank some ICO's who they have no idea about (maybe good, maybe bad, maybe scam, who knows) as awesome because they get paid.

These people need to pay their bills somehow as well, and even though most of us would probably say we would rather have our honor and not make money, when someone offers you 5 thousand dollars to give them 5 stars, it suddenly starts to become very hard to decline those type of offers. I had 300 dollars offer just to tweet someone once, I didn't even thought about it twice honestly.
member
Activity: 746
Merit: 10
https://axiomapay.com/
May 11, 2020, 12:49:32 PM
ICO device site is not a safe place to analyze projects and you don't need to trust it. every ico website always displays valid project data to make it look convincing. they are paid to show the reputation of the project as well as possible, so I hope anyone can reconsider about the ico website.
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