Bitcoin Forum

There are multiple rating System for Initial Coin Offering (ICO) with different metrics. What are the most important factors for an investor?

Which one is more important for you?
[1] How many followers do you have on Twitter, telegram, ....?
[2] Team?
[3] Idea?
....

If there is a metric, it would be risk-adjusted net present value. I don't think there is a "system" for measuring that. You would have to evaluate each ICO individually.

You will find what you need on

www.ianbalina.com

This guy is great at evaluating ICOs and tells you exactly what methods he is using to evaluate.

I'm sure you will find lots of great stuff for you there.

Going through different ICO rating system, we should say every investor has to do the evaluation individually. Even though these ICO rating website can provide some information, some of them are biased.

You can find lots of them like:

https://icobench.com/ (https://icobench.com/)
https://icoguide.com (https://icoguide.com)
https://www.trackico.io/ (https://www.trackico.io/)
https://www.icoalert.com/ (https://www.icoalert.com/)
https://icowatchlist.com/ (https://icowatchlist.com/)
https://icoholder.com/ (https://icoholder.com/)
https://topicolist.com/ (https://topicolist.com/)
https://icorating.com/ (https://icorating.com/)

By doing a short overview these sites are very useful, but it’s possible they can be paid for a good review so I prefer to check every project by myself. Having a look to:

Website in general
Whitepaper
YouTube
Social Media (Telegram,Twitter, Medium…)
Team (LinkedIn, Google search)
...

For me, the most important criteria for ICO is website, idea, whitepaper, road map, legal company (or atleast have valid address) and how developer team give an updates about their projects.

Followers on social media not primary, but investor can check this for additional criteria.

I agree with you. Self evaluating the ICO gives you more insight than third party rating.

Reviewing bunch of ICOs on different rating websites gave me the same impression.

different rating sites got different rating criterias so its hard to determine, but please just that those sites as a reference not fully rely on them

Do your own research before invest any ICO project. There are too many ICOs in crypto world. But all project are not legit. That's why do we have to make own research. First of all, read the whitepaper, find the team members are real or not, social media activities and ratings from top ICO rating sites like icobench etc.

Be weary of the ICO rating sites. Most of them will ask projects to pay to get a certain rating. There are a lot of scams out there. Make sure you do your own research.

A good plate to start (in no particular order):

- The team - is the team legit? Do they have solid experience in what they're doing?
- The roadmap - do they have a clear and well-defined roadmap?
- Prototype - do they have a working prototype? This isn't a must but a good thing to keep in mind when researching
- Do the token-economics make sense?
- Is it a good concept/solid business idea or are they just looking to make money?
- Do the token sale economics make sense? E.g. token supply, hard cap etc.
- What is the level of support? Don't just look at telegram/twitter numbers, these can be bought. What is the level of engagement, are they just adding a lot of people to their group but no one actually cares about their project? Spend a bit of time in their telegram group and you'll quickly notice how responsive the team is and whether they answer questions clearly or respond well to valid criticism.

Do your own research!

A comprehensive response.
I think the most important thing is
- Team
- Whitepaper
I believe if somebody like to invest in an ICOs , reviewing Whitepaper is a must. I have seen some white papers which are mostly copy/paste of other reports or papers.
Which ICO rating website do you recommend?

the team, the idea, their social activities, community behind the project these all points are important. you can't simply look at one point to invest your hard earned money.

Ideally, ICO rating should tell how potential an ICO is even there is a not good sound from this reviewer but at least investors can see the general overview from the reviewer. If rely on reviewer, it is better to find various review of such project for comparison then do own research by seeing the points of the reviewer shown such as team, project profile, etc.

From 1 to 10, how much do you rely on ICO rating websites?

By community behind the project, do you mean followers on Social Media like Twitter and Telegram? Social activity directly relates to marketing not having a strong ICO project.

Of course it is icodrops.com and icobench.com

Icomarks.com, ICO bench.com, TrackICO.com and Coinfunda.com are few sources. But You should never trust ICO ratings. Always apply your mind.