Topic: On which basis ICO or tokens get ratings (Read 185 times)
As most people seem to be saying, ICO rating sites are very subjective, and I would personally never invest solely on the basis of a rating. Saying that, they can be good to pick up new ICOs and then do the research yourself, using the criteria that you specifically consider important. I like to see a working product, or at least MVP, but most new projects now seem to be selling bottled air. Last ICO I invested in was back in January (currently on the exchanges at about an 80% loss), so I tend to wait until they hit the markets now. It's rare that any are reaching the exchanges at above the ICO price, especially with the current market conditions. Tread with care.
Ratings are sometimes really virtual. Dont look tokens ratings always. The most important thing is the crew and idea.
While I do not totally trust the a lot of these rating sites, here are some factors they use to rate projects, they include the team(their expertise, presence or absence of KYC documents) , Vision (accesssed from the white paper), product, Social media presence and size of community, website etc
Wow, I advise you not to use icobench.
Most of the time the site's ratings are not objective enough, and many are paid for.
Very true. On that note, I would suggest not trusting any ICO rating site blindly, but these review sites are good for reference purposes though. Among these websites, Icobench seems to be the best. It is better to research the campaign that you wish to participate in through this forum itself(Campaign manager, development team, whitepaper, number of participants etc) and then decide whether to join or not. Most of the time the site's ratings are not objective enough, and many are paid for.
Don't take for granted those rating, at least read more then one and make average, it's a good way to exlude outliers
I think the criteria of assessment of concept, whitepapper, as well as from teams that run it. Perhaps there is also assessment of movement of his token sales. and also judged from how many people's interest in ICO.
There are many websites like ICObench, ICOratings that make a list of new coming cryptocurrency and ICO and sorted them out by ratings which they gave to the ICOs. My question is what are the factors that they examine to rate those ICOs. Anyone can help me.
Thank you all.
I do not believe in those ratings, most of them are bought. ICObench is not good at all, for me the best option is icodrops to check projectsThank you all.
I never really believed in every ratings. What I looked for before I invested in chozun 途赞 was the team, the roadmap, I read carefully through their whitepaper. It appears to me that it's unique and innovative. Some ratings are actually paid.
Most of such ratings are fake and the ICOs cannot be judged by those ratings. So I always avoid such ratings. Still as much as I know these rating are given based on their projects, team working behind, security issues etc.
I do not believe in these ratings in general. I think many projects there buy themselves an estimate, ratings do not help from SCAM! I do not understand at all for what they are needed, projects with the best raiting I have failed, and with bad assessments on the contrary brought profit!
actually I do not know how the website rating system is like that, and whether the ICO has potential. It's better not to look over the rating, but also visit their website or discussion group, there you can understand more and the ins and outs of the ICO's interest.
I usually do more research on ICO website, team, advisor, whitepaper, and roadmap before actually deciding whether ICO is good or not.
I usually do more research on ICO website, team, advisor, whitepaper, and roadmap before actually deciding whether ICO is good or not.
They usually judge an ICO from many things like: team, goal, development, roadmap planning and so on. But today many ICO websites are wrong in judging a project, sometimes they give a high score for an ICO scam
That's right, and that's the main reason why I really don't rely on any of the ratings. Most probably those who rate ICOs were just paid to give high ratings, though I don't want to generalize. I don't know how they decided to give ratings based on the said factors especially when people can put very promising things in their whitepapers and roadmaps even if they don't mean it and just for the sake of getting people to invest on their project. Maybe there are still some truth in one of them ratings but we can't be so sure. I just feel bad for them legit ones being dragged by scammers.
There are many websites like ICObench, ICOratings that make a list of new coming cryptocurrency and ICO and sorted them out by ratings which they gave to the ICOs. My question is what are the factors that they examine to rate those ICOs. Anyone can help me.
Thank you all.
These ratings are bought, I don't believe them. It's like an advertisement but for potential investors and no more, beautiful numerals Thank you all.
I think the best answer in this question that which basis ICO or tokens get ratings, in the way that if they are useful and helpful to the user or investors in this business they give good ratings.
I stopped trusting these evaluation sites because many projects that were well appreciated, did not give a good result! I think companies pay for ratings.
Wow, I advise you not to use icobench.
Most of the time the site's ratings are not objective enough, and many are paid for.
Most of the time the site's ratings are not objective enough, and many are paid for.
Well, there are many points that work behind the rating of ICO. the most important point is the demand and the supply of tokens. Among others, scalability and liquidity also play major role.
If you want to judge any particular ICO you need to check out their performance, customer feedback, website etc. But your rating is not always true.
Actually there are many things to consider. The premise they use to rate those ico incorporates the item, they will check the item the group is attempting to manufacture, at that point they will check their group to know whether they have the experience to fabricate the venture, they will check their token portion and parcel of different things.
Me personally actually do not believe on those ratings also. As this are websites and they need to earn somehow they will not hesitate to sell ratings. The best is to investigate the project personally.
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