Topic: [Trusted ICO Reviews&Ratings] Which sources of ICO ratings do you trust and why? (Read 1660 times)

I think you may want to consider, and compare these sites' ratings and recommendations:

https://icobench.com/
https://icorating.com/
https://cryptorated.com/

You may want to watch some https://www.youtube.com/results?search_query=ICOs too.

In all, take responsibility for your decisions and hope for the best.

Agree. ICObemch is a great provider of ICO listing. Thanks!

Thanks for sharing. The quality of the picture is rather low. Why do we need to ask the pdf through your email?

Maybe it's better to post pdf, excel or google spreadsheet file on medium right with your article?

Thanks for the suggestion. As somebody mentioned here they take money from ICO project in order to be listed on their website.

Maybe, of course, they do both: take money + make due diligence

I think ICObench is the one that works best for me. The site looks  very neat and every aspects of the project is graded. From the team, vision and etc which no other site that I've heard doing the same thing.

As promised, and sorry for the delay, we have started to publish a list of ICO Listing websites with some information (mostly prices) that you can consult here: ICO Listing Websites on Medium

We welcome comments if you have any.

Thank you

I know icocountdown does his due diligence as much as he can and is really responsive

You can see lots of scams from all over the world here:  https://bitcointalk.org/index.php?board=83.0  (Search for “russia”)

Yes, there are scams from countries that are not corrupt and successful projects from corrupt countries. What is important is the probability and if you are willing to take the extra risk.

In corrupt countries, ethics and honesty are more lax. Does this mean that the likelihood of exaggeration or dishonesty to be greater? If you do not think so, then go ahead and invest.

In non corrupt countries, people grow up with lots of regulations and enforcement. Though there are exceptions, the people feel that the way to get ahead is based largely on merit. In corrupt countries, there is less regulation, less enforcement and more people trying to find ways to get ahead by working around the system. In fact, they see that the most successful people in their country, usually in their government, are those who get ahead by lying, cheating or working around the system, instead of based on merit. If you do not think this is a risk, then go ahead and invest.

ModulTrade
https://bitcointalksearch.org/topic/annpre-ico-modultrade-the-freedom-to-trade-2240518


As mentioned already, just because they can afford to hire people, it does not mean that its a good idea or that they will execute. When the U.S. government threw $535 million at Solyndra, they raised more than any ICO and I can guarantee you that they had a much more impressive team than any ICO. But they still went bankrupt.

So if developers are well known in crypto world and have a good product then they do not need to be listed on these websites.

Well, yeah, I got your point, but to be fair, if Paris Hilton and Floyd Mayweather can afford to pay websites for listing their projects - we know they can - then they also can afford to hire real masters and experts to elaborate on their ideas and transform them into, like, a real project.

However, I think I agree that there is no such a strong correlation and we should always look into a certain project we potentially want to participate in, not the amount of money the developers have to pay for anything from the very beginning. Well, at the same time, not enough money at the beginning makes it harder to quickly attract 'the first' attention of people who are supposed then to push your project by simply spreading the word.

Thanks for adding!

I just went through your instruction and found ANN threads that were very hurried. No site, but ANN topic is here already.

You can add a small step:

• ANN in the "Search for:" field
  
• Check the "Search in topic subjects only" box (but I'm not sure if this narrows down the search results)
  
• Change the "Between 0 and 9999 days" field
  
• Under "Choose a board to search in, or search all", uncheck "Check all".  Then click on + to expand the list and check only "Announcements (Altcoins)"
  
• Click Search

Note that some projects might announce a couple of months in advance.  (We did this and probably announced too early.)  So I wouldn't enter a small number in the "Between 0 and 9999 days" field.

I found this links. Maybe they could be as useful as they are for me:

The Ultimate List of ICO Resources from Coindesk
https://www.coindesk.com/the-ultimate-list-of-resources-for-researching-and-launching-icos/

ICO Resources by William Mougayar - frequently updating
https://docs.google.com/spreadsheets/d/1Q15zswSHaG8YYFfqMXfOW_0TuNICBbUd-HM7MhI5hyA/edit

What do you mean when you use the word scam? Speaking about ICO, it`s when somebody collects money, closes the project and just vanishes in the air with millions in a pocket and a crowd of deceived investors. That`s what is a scam for me.

As an example of a good project, I also forgot to mention Waves as a perspective platform with Russian developers (#17 on coinmarketcap).

Could you please name real scam projects from Russia? I don`t know any.

Do you agree that any project needs in-depth research before making assertions and 5-minute quick glance on the website is not enough?

So what projects have gone through your strict filters and gave profit to you?

As requested, here are examples:

EOS raised $230 million and said that they were going to release something by end of summer.  Nothing yet. With $230 million, EOS should have solved world hunger by now.

Gnosis raised $12.5 million and their website says that they are releasing their game by first half of 2017. Nothing yet.

Qtum raised $15.6 million. I don't see anything produced on Qtum's website.

After raising $50 million, Cosmos's website is still pitching its white paper. Come on. What have they produced with that $50 million?

MobileGo raised $53 million. Here's the roadmap from their white paper:


However, I don't see any of that on their website. They're mainly bragging about how their token is on exchanges. What are they doing? Day-trading their own token?

NOTHING MATTERS MORE than proof that they can develop software.  EVERYTHING ELSE IS USELESS, including team, fancy pretentious titles, references, roadmap, video, fancy animations, escrow, blogs, Slack, Telegram, Twitter, Facebook, Reddit and white paper.

Andreas Antonopoulos said that 99% of the ICOs are shit or scams. There are some projects who have already built software, albeit a small percentage. A good way to filter out most of the risky projects and reduce your risk is to ignore the projects who have not developed anything yet.

Yes, of course there are going to be some scams from the U.S. and legitimate projects from Russia. But the average is the contrary. If there are an equal number of scams from the U.S. as from Russia, then there would be MANY more successful companies in Russia. But there aren't. Russia has almost twice the population of Germany and has only slightly more than half of Germany's GDP. There is a reason for that. Eastern Europe has pumping out phishing scams to consumers for over a decade now. You can ignore this statistic if you want. But you just need to be cognizant of the risk you're taking.

Putin hosted Vitalik Buterin in Moscow. He wants to grow the crypto industry. He has killed journalists and opponents who criticized him. Facebook just said that they sold $100k of ads to fake accounts from Russia. Don't you think Putin will fund ICO projects through the back door? Don't you think he will fund ICO listing sites and ICO ratings sites to favor Russian projects? One would be naive to think otherwise. The site doesn't even have to be staffed by Russians. If not, all the better to deceive you. They just need to be bought or bribe-able.

TokenStars has no explanation of why the current currency (EUR, GBP, etc.) needs to be replaced by a token. Their site says "you support a promising 14-16 year old player - player spends money".  This means the player will sell the token to get EUR to pay for rent and food. What good is the token? Also, who is to say that the player or anyone else will honor any agreement to repay the supporters 2-6 years later? If you're a token holder, are you going to wait that long, only to hope that the player repay token holders?

Also, most people (not all) who give recommendations on Bitcointalk, are doing so because they are getting paid via their signature. Ignore these, especially those comments that sound like they are pushing themselves out to write something.

Yes. Could you please name examples of projects that raised millions and still have no software.

About that transparency index you mentioned. I think there is a very low correlation between country index as a whole and a certain team from the country.

What about the real SCAM projects?
Tithecoin - from USA (rank 18 from the index)
Ascendancy - with anonymous team
EBITZ with anonymous team

There are many projects with Russian teams (rank 131). HMQ, Chronobank, TAAS.fund, SONM and many others.
They are serious working projects even if the teams are from Russia.

I totally agree with the third point that everyone wants its own ICO. And no matter if blockchain is needed in their project.

About TokenStars. The team is mostly from Russia. The project is already working as I see. And they sure need blockchain platform to fulfill all of their plans. If you want, you can dig into it by yourself.

So it`s definitely not a jesus coin )

Yes, we will also post something here so you can have access to the data of course !

If that something is related to the topic could you please also post it here?

Good to know. We are currently working on gathering the data and will publish something soon.
Hopefully it can help the community and people preparing ICOs on their side.

There are SERIOUS problems with some of the ICO listing sites.

• Some charge money to elevate the visibility of the ICO. When you see this, you think that the ICO is of higher quality, but it is not.
  
• Some ICO listing sites are staffed with mainly people from one country or region, such as Russia. Are they giving preference to ICOs from their country? Russia is one of the most corrupt countries in the world.