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This Is How Easy It Is to Buy ICO Ratings — An Investigation
Newcomers and inexperienced investors are especially trusting ICO rating platforms when looking for information for their investment decisions. However, many rating platforms long ago earned a dubious reputation amongst industry experts. There is constant suspicion that the expert ratings they provide are in no way independent, but can rather be purchased by ICOs. However, is it really so simple to buy ICO ratings and, in so doing, deceive investors? We went in search of clues — with frightening results.
Source: icobench.com/ico/alethena
We believe that crypto currencies can improve our economy and society. However, we also believe that current excess on the ICO market is harmful to individual investors as well as to the entire ecosystem. That was our reason for establishing Alethena.
Alethena is a one-hundred per cent objective and independent rating agency that provides investors with trustworthy information. We are currently in the process of executing our ICO. In the course of this process — like every other ICO — we took a closer look at how current ICO marketing actually functions.
We consistently encountered non-transparency, dubious practices, and scams. This not only intensified our belief in the need for transparent and independent ratings, but also our desire to uncover how dysfunctionally and deceptively the ICO ad market actually operates at present.
Hence, we launched an investigation.
“ICO ratings from top investors and experts” — is what ICObench, one of the most well-known ICO rating platforms, advertises on its website to gain the trust of investors looking for information. A lofty claim. But exactly how trustworthy and independent are...
To be continued here:
https://medium.com/alethena/this-is-how-easy-it-is-to-buy-ico-ratings-an-investigation-13d07e987394