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Wow, such a warm news. So far altough i never followed ico but i still following bounty base on recommendation icobench with the way see the rank. So far i don't care of the things above, i ignore it. If that's true hope it will take an action as soon as possible.

Recently I read some posts from one of  their experts. He tell that his work is paid PR and nothing more. It's not important how ICO legitimate or right. He made own rating by money only.

I don't sure that ICOBench is Russian project. Usually same ideas are international

Some ICO rating site aren't too good as a reference for choosing ICO, it might be better to judge by yourself what you think is better.

only been on the site once i believe wasnt impressed by it havent been back since def better options out there than this one.

I used to go there as it really lists all the major ICOs that are lunching within the space, though they don't offer every single one off them listed and ratings. Thank you for taking your time to list this here as now I will think more before I even go to ico bench and other similar websites out there. It is easier as you get ratings and all but I think the higher issue is that we often forget that they could be paid by others to write fake reviews. It socks but you do everything for the money and  so do we. Best thing is to exclude these kind of websites in the future and get back to our on conclusions.

Thanks for sharing, I am wondering is there any evidence, proof of this misbehavior? We are just relying on the article opening "has been caught doing this.."

Thanks for good information sharing! All your decisions should be made by your own without rely on ico listings/ratings sites.

Oh lord. I thought it is a trusted source where all the info is true and I have picked up many ICOs from there. Unfortunetely some of them has disappointed me

I'm not the first to hear a lot of negative about ICOBench, I'm not surprised that there was another post with detailed information

Yeah i actually believe that not only ico bench but all ico rating websites have no guarantee about how good an ico will be, they just give the score based on expectations and there are also rumors that they do paid listings and paid listings can not be unbiased.

I was always interested in how the expert rating is formed and who are the experts. Only here probably not only Ico bench working this way. Thanks for the info.

Awesome Post!!!

Yes I also not believe in ICObench and all ico rating sites because just what you said, It can be manipulated by money false rates by expert and the both. How could a both do rating? Big false by ICObench. I do a self review when talking about an ICO bounty, not looking this kind or rating sites

I've managed a small ICO in the past (And currently engaged in another one): all the industry only care about money. Listing website, promotions, etc: they can write/shill whatever you want for BTCs

I'm so sad, I thought ICOBench is the most trusted in terms of rating of an ICO but based on what I read now, it can't be trusted at all. Every time I pick bounties I base on recommendation of ICOBench or other ICO rating and listing platform but now, it's better to do your own rating by yourself. :'(

35BTC for listing? :o this is crazy.
Of course, they give some traffic to the site, but they are not worth this money . for some projects this is 1/10 of capitalization. There are many alternative placement options.

Woow, this I didn´t know, I trusted them so much, because I thought that there are real experts providing real rating!

As far as i know that icobench is fully manipulated by its owner to become paid to promote and tries to give a rating based on how much the ico team was paying to the icobench itself. the only reliable icolist is icodrop because it's based on the community decision and vote. The majority of icolist site is paid to promote right now.

All right. I think you should add more facts. You only copy paste the information from that Medium article. I am not taking a side. I just want to neutral here. I will appreciate if you can add a more real fact about that issue.

I deep down felt icobench is a bit sketchy, but if what you wrote is true, I was naive. I knew they were promoting some ICOs, but the extent they did it is incredible.

Are other ICO sites similar? If I ever plan to invest into ICOs again, I wish to know how biased are these sites.

On the other hand, if you check 5 ICO rating sites, especially the experts, particularly those who criticise the project, you should have a clear picture if a project is worthy of investing. I usually like to have a word from the youtuber, CoinBlock (Charles is the guy's name). He is relatively unbiased, he has that critical thinking that really appeals to me.

To be honest I no more pay any attention to ICObench ratings. It is obvious that majority of ICOs listed there just pay for such type of promotion and these fake estimations don't  accurately reflect the real situation. ICOdrops is far better.

I had long suspected this site of deception. Ratings are bought, because in often in the top are very bad projects. I trust only icodrops.

I like them because the most ICO that they rate is become successful however i'm not convince with their higher price when it comes to their premium. like you said 10BTC for just 7 days of advertisement. I don't buy that.

Its quite visible from a mile away that their whole "operation" is of questionable credibility. The only ICO reviewing site that I trust is Icodrops in addition to some prominent ICO reviewers on Youtube as well.

Now generally you should not trust sites evaluating ICO-projects. Independently check and evaluate. Believe me, this is much more profitable than trusting all these resources, which were created not for help, but for earning momey

About ICObench, all we know is that there is three type of application to publish an ICO: free, priority (0.1BTC) and priority listing + priority application (1BTC). It is also mentioned in the Terms and Conditions. But we will never know if something is happenig behind closed door of ICO rating services.

I don't agree with this economic model for ICO rating services but what can we do? What bothers me the most is the lack of professionalism (perhaps even the lack of any real investigation) of the these called experts. This will damage the whole ecosystem and a lot of naive investors will lose their money.

The bad news for these rating services is that they will also be held legally responsible if they endorse or advertise a scam.

Thanks for pointing out this issue. This is a known fact that ICO rating sites are not honest. Some projects are overhyped because of their ratings. Money talks here, as in everywhere else.

I just go there for some informational purposes only. I do not only take their ratings as a form of due diligence. I always check out other types of information as to what the product or service from an ICO is and also the Team, roadmap, marketcap etc. I think we should take these rating sites as a pinch of salt as the CRYPTO INDUSTRY is very much still in its infancy and so not many sites are yet accredited or regulated as much as we would like to see in order to protect people from various scams. I hope ICOBENCH is not a total sham I will do more research on the matter.

I suspected it.Actually I never believe in any ratings and comments.Yes,I sometimes take a quick look at specialized sites like Icobench or Icorating,but I dont take them too seriously.

Thank you. I began to notice too that something not so with this website. ICObench just makes money on advertising.
Always I check analogs, but also another website lie. Don't trust anybody - basic rule.

ooops. Are you serious ?. Because I've seen that some projects are proudly telling that they have been got ratings at icobench. This is a news to me. Anyway, thanks for informing us.

I believe, that if test all existing rating agencies, then of them good will be only 2-3 pieces. And what I want to say. If you are thinking of investing in ICO, it is better to sit on your own and check the team of interest, rather than relying on such altruistic sites.

There are few trusted websites listing ICOs and don't think they list or promote scam ICOs as they offer good amount of money, so there is no need to search for different ico listing websites.

It is so expensive to have a good listings to that website $290,000 plus for a premium listing? 1 btc is so expensive for an ordinary person how much more for that price, if you have a good damn ICO then why to have a costly enlistment? it is better to use that amount bitcoin for promotional and development purposes of the project that's why you should never depend on the rating site though they may help, but to fully depend is not always the option, do your own ratings to find those good projects.

few months ago i ever wanted to use icobench fire, i tried request fire key to icobench, but till today icobench does not send fire key. I think it's free, but after I read your post, I was thinking, maybe using not free icobench api.

Thank upi for sharing this information. I hope your post will reach as many users as possible, cause such kind of ratings are useless in this case.Many people invest just after listing there and trust ICOBENCH rating too much. Of course investors should consider other sources of inforamtion but in any case ICOBENCH rating plays very significant role.

I'm not use icobench but it's not news for me. Every ICO's lists like Icodrops or other site sell out their services for crazy money because people trust them.

What a nice game & what a nice Pot!!!.

It seems that creating website like a ICOBench is much profitable!
You will pay more for listing on ICOBench than for listing on the exchanges  ;D.

In my opinion, almost most of the ICO listing sites are just there, they just want to profit, any project if they pay higher, then they will give ICO a better rating

read your article, thanks for the information. A fairly well-known site in the crypto community. Is there a comment from the ICOBench?

I think that you can not trust such sites at all, almost all of them sell their reviews. Sorry people who fall into this trap.

I always thought that Icobench is one of the best sites about ICOs, but after reading your post i'm not so sure now. Thanks for the information!

I've heard before about it, thought it's just competitors trying to ruin it. But yeah, seems like Icobench's ratings are fake, though I barely made decision of investing by their ratings.

Yes you may be right. We are gradually seeing more light into these ICO listing sites that just rate ICO based on how much they are paid and not based on the legibility and how effective the project is. So many of them have lost their integrity. Care needs to be taken before following ICO listing sites. That is why it is very much important to analyze projects by yourself.

Is there any ICO-review site that does NOT offer payed exposure and higher ratings for ICOs that pay them money? I know, they need some money to cover website hosting and pay their staff, but they could get that money from traditional ads on the side of website.

I've never liked the icobench website.
The site's ICO rating is pretty bad, and most of the time, some shit coin has a high score.

it's a good news. I always thought that Icobench is one of the best sites about ICOs, but after reading your post i'm not so sure now.  thank you so much for your information.

this is terrible, I believe on ICObench so much. I always checked ICObench before join ICOs. and with this news, which ico rating should I believe to review ico? any suggestions?

i have not belief in ICOBENCH for a long time. This website assess many projects easily. when i wanna invest a blockchain project, i always go to icorating to check

Thank you for the info. There are many good ICOs that only got low rating on ICObench like bob's repair, helbiz and traxia while some scam ICOs got high rating. That's why i've never trusted high rating ICOs on ICObench in the first place. In the end, we have to do our own research before investing in an ICO project.

heard this news, very regretted. Although I have made this site my reference in choosing a new ICO Project.
And with this happening, it seems like we should be more careful in choosing a project, even if it has a good ranking, can not guarantee that the project could also end up with fraud.

This is great!

I was observing one project there few days ago and it got rating as I remember 4.5. After few days the rating changed from 4.5 to 3.8 only due to "Benchy". I understand that the bot makes daily check, but what should happen to make such a big change? The opinion that the rating depends on a package you bought is close to the truth...

Did not know all these negative about icobench. Add one more to this list that is their ICO ratings are usually not good or reliable. Only use it to check information about an ICO and its website and not their opinion about it.

Great info. From my experience in ICO, I have look that ICO with great rating on ICOBench is not always success.
I have joined a bounty that the rating of ICO on ICOBench is very low, but the ICO very success, they get their softcap.
And also I have joined a bounty that rating is very great more than 4 stars, but why the ICO is failed. They not reached the softcap.
Than, I never make ICOBench as one of my point to identify ICO is great or not.

It is quite unfortunate that ICOBENCH has been compromised by desperate ICOs who are bent on getting advertisements and promotions at all cost without following  due process.
This is a deceitful way of scamming potential investors who visits this site to read reviews and ratings of  upcoming and present ICOs.

This is sad because icobench is one of the sites I personally trust. Thank you for sharing this very useful information. Knowing this made me more aware of projects to participate. Recently, I have been dependent to ico rating sites but fortunately I haven't encountered scam projects yet. This is a good warning to all of us. I could still rely on ico rating sites but maybe not completely which I used to do.

thats why i dont trust any ico rating. I prefer to read the whitepaper in my own than rely on thier rating that obviusly run to just  accomalte money for ico to list in thier website.

Oh wow! Horrible truth! The first thing came out to my thought is the premium price!
It's ridiculously expensive! And to what purpose? Just exposure and internet traffics?
For 35 BTC it's and ultimate waste of money!

Do you have time for that? Most of investors don´t do that I think, reviews are much shorter.

What a great offer for 1,000,000 CPC.

I don't know why people are surprise hearing this news, I have said to friends that they should not take any of these ICO rating sites serious, go there and check for new projects, then do your own research. Greed is everywhere in the space and even youtube content providers now are even worse than these sites

OMG! This is terrible news, while we know that ICO Bench is a reliable and good standard to measure the level of an ICO. Then, which platform is good and reliable to measure ICO?

There are many simmiliar websites, like Foxico, Trackico, Icomarks, but I dont know if they are better and you could trust them :D.

What a great offer for 1,000,000 CPC.

yes its easy to read all the white paper if you really interested to the project you should do that. Also even the ico has a good whitepaper no one know if the team can really do what is in the roadmap or its just a simple promises.

And they just keep on growing, everyone who gets a decent rating links to them from their homepage.

If you do not trust them, then who do you believe in? Really all buy and sell, people lost a sense of dignity. Everyone wants only to earn money.

Remember that sometimes good projects don't reach softcNaps and bad ones do this. There are a lot of factors which influence on that.

That right, you should believe only in yourself, let read through any Whitepaper of project and decide investing after you were consider careful. In my opinion, That website such a pay - to  - rate  ::)

It might be better if you have to rate ico to study self,dont base on what you read, see or rate of other people or expert,we have our own knoledge.Sometimes they even make mistakes We can study stand by our self.

and how do you know that project is good or bad? isn't read the whitepaper takes too much time?
that's why ico review and rating exist, they help us to cut time by read the whitepaper and give us their opinion about the project.

I actually agree on this one. ICObench does not have such accurate ratings and may have promoted certain ICOs for its own gain. I caught it after doing my own research on an ico and concluded that ICObench source is not so reliable after all.
But please note this is just my opinion. Do your own due diligence and you will see for yourself.

Yes I also aware of this but they are taking the money for giving the good reviews so that all ICOs are also giving them money and making their reviews good that's why I never believed on these kind of sites I always trust on my own research

I don't trust companies that hide their legal and contact details such as ICO Bench! Very good article!

Yes, that's the biggest red flag!

I always check the rating of projects on similar sites and never trust them completely. Yes, of course, an ICO store may be a scammer. Of course, such sites sell the textbooks and reviews of the ICOs. Otherwise, why they can make money.

This is not an isolated case on the evaluation of services provided by ICO Bench.
There is a complaint by the CEO of Forever Has Fallen (https://www.foreverhasfallen.com/) about the suitability of this site: https://medium.com/@kimonlycos/a-series-of-unfortunate-icobench-events-1fd87f2b9fac

network about for a long time a lot of dirt ratings purchase, read an article where everything is painted with the evidence, poring over what you obnauticu Indesit service Russian

I completely agree. ICOBench is a great aggregator, but a terrible rating site. I like the features, though. You can sort out the ICOs and navigate the information about them easily. 

All these top sites are created to earn money. And how it is possible to earn well - to offer the advertising and rating to crappy projects having collected from them it is more! And it's profitable for everyone!

What is the best ICO listing/rating for you? What do you anticipate from this type of site? Maybe it's time for the new one?

very good news, I already suspect Ico bench is not a guarantee of the accuracy of data ico, ico rankings can be manipulated and bought, I never trust ico bench and other ico rating.

I have long suspected that the ratings on ICOBENCH do not always correspond to some projects. It is necessary to analyze the ICO itself, and not to trust the opinions of false experts.

After reading this review ICO Bench have blocked me on Medium. :D

Thanks for the article, he did not particularly like me, and then you confirmed my thoughts even more, all these ratings agree everything is done for money

It has long been known that all ratings on icobench are purchased. They have long been sold, the cryptoworld will be filled with corrupt experts. I try not to refer to the ratings referring to this site at all.

so i can not trust the page, as it looks. i really thought, i can also rely icobench.

It's getting harder and harder to find good icos when you can hardly trust a source of information.

ICObench is the worst way to find ICOs.

They have hundreds of fake ICO review "experts" that make fake scores.
I suspected the scores were higher for those who paid more, but didn't realize they were charging such a ridiculous amount to be listed there.
That also makes me mistrust icos featured there even more.
What kind of competent company would spend that much money on a website that is obviously misleading?

As an actual investor, I don't get any information that I can't find on their website.
Most of the time, it is literally just cut and pasted form their website or whitepaper.

It's very had to find unbiased ico review sources as the vast majority of them are pay to profit type websites.
you can only really trust an independent source that is backed by open data and transparency.

How many of those are there?

I had long suspected this site of deception. Ratings are bought, because in often in the top are very bad projects. I trust only icodrops.

ICO assessments on ICO analyst pages are for reference only and it does not make any difference. same as CMC. and ICOBENCH is one of them. Usually, I do not care much about these pages when choosing an ico for speculation.

Its not like any other ico listing site isnt doing the same,you really think that any of them aint getting paid to shill some ico?Others pay some popular youtubers for shilling others use bounty campaigns to spread the word,its all part of marketing and if you trust some random website rating and fall for it its your own fault :-\

thanks for waking me up. in that sense you are right. i thought before that such pages are neutral and not bought. i learned something again.

ICOBENCH has never been an ICO analyst and rating site that gives me credibility. Some of them failed very badly. Will not identify anything until you get a punch and evaluate it as an accident. Many people are skeptical about unfair and not so many details.
https://cryptocurrencyhub.io/beware-of-ico-bench-a41e401b69ea (https://cryptocurrencyhub.io/beware-of-ico-bench-a41e401b69ea)

Well, services so I never take into consideration because they are paid. And it does not add value to the project. And if the project behind ICO is so good then a basic disclosure already solves it.

Yes, in general, all these top sites are a complete hoax. They are all created initially to earn, and how to do it, invite the project and offer your rating.

thank you very much for this very valuable information, I also often analyze an ICO project from some ICO website the wrong rating is ICO Bench and ICO Rating

And ICO Bench still acts like nothing has happened and people still trust in it.

Actually I am a person that never makes a research for one ico based on what the "experts" say i never trust what others say it can be scammy or whatever so this is why I do my own research and this is how I am expertised now on seraching for an ico

I threadbare to bang thither as it in reality booklets each the league ICOs that are lunching inside the room, though they don't contribution every azygous only off them listed and ratings.

The site says that all valuation is paid there. Believe who you want, so I prefer to analyze the entire project on my own.

I trust this site and this happened: https://bitcointalk.org/index.php?topic=4713497.0 (https://bitcointalk.org/index.php?topic=4713497.0)
Be aware guys! Don't trust your money easily. Do your own research

Yes i found it too, when I chech one bounty campaign there and see the team leaders are passed their kyc( know your customer) but i am bit curious because signature is very importan, 1 account for 1 campaign. So i did check the ceo of the project but i seen it fake. But icobench show that they passed kyc

I deep deterge matt icobench is a scrap perfunctory, however whether what you wrote is exactly, I was ignorant. I knew they were contributing any ICOs, however the extent they did it is incredible.

I believe that with any high amount of BTC, anyone gets sold. So I do not believe much on platforms that say give their own opinion.

Soon, high-quality ICO ratings will appear on the market rather transparent. Everyone already knows that the trackers, they do not give a true estimate. Therefore, the replacement will come other trackers, which will show honest ratings