Thank you for your input.

We do not have sponsored reviews.

We are doing initial check of the project status. It is hard to do complete due diligence for all projects because it is time consuming.
What we are doing is a setting up a tool to add facts and validate them. Those facts affect the due diligence "checklist".

We are looking for those interested in joining us and work on covering more projects and share this information with the community. We are preatty sure that there are players interested in this information. Early stage due diligence for some projects is a closed information. For instance, Red Flags are not always public on the platform because we are rechecking them before making it public.

Sure. We use only public available information. If we do not find it and the team does not provide it we assume there is none.

Key points: ICO review procedure

Results are here https://tokensrecord.com/ico-due-diligence

A simplified scheme described below:

     Team: who are team members, are their social profiles available. - review linked in profiles if there are any (we usually skip those without public linkedin profiles).

     MVP: do they have an MVP available to test. - it is there or it is not there. The next step is to see how it works and does it work at all. If any code available we try to compile it.

     Company: is there a registered company already for selected project? - we use several website to check if the company is registered
      U.K. registration: https://beta.companieshouse.gov.uk/
      Global https://portal.kyckr.com/

    Development: how recent are development updates uploaded? is there an open github repository? - we do basic code review and latest commits to understand is there any ongoing development or the team just adds comments to increase number of commits per day.

     Vesting: what is the vesting period for team/advisors tokens? - whitepaper, token sale section should contain that information. Good thing if smart contract contains vesting logic too.

    SmartContract: is there a smart contract available and was it audited by experienced team? - We look at github and review smart contract.

    Experience: is cumulative experience of team and advisors enough to complete the project? - compare goals of the project to previous team member positions and possibility of completing the project. We undrestand of course that you can always hire several members after the ICO but key positions should be there and it should not be one man army.

    Advisors: do advisors prove they support project? - Do advisers have relative experience necessary for the team to achive goals? We alos have a database of advisors that are joining almost any project that pays with tokens and do not provide any value for the project. But this is our opinion so we do not share it at this moment not to abuse anybody. We do not add it as redflags either. At least for now.

     Expenses: does expense plan correlate with road map of the project? - This part is the most questionable because if project is planning to work in US they can not call their investors investors (only contributors) and they do not have to share where they will spend money. But in other cases at least general idea of how money will be spent should be there. One of the redflags is when more than several percents will go towards early investors and

    TokenDistribution: are there any risks for investors in token distribution of selected project? - Key things we look here for the team to have motivation to improve project after ICO and not have ability to manipulate price afterwards.

     TechDetails: are there enough technical details to understand project? - This part depends on the project. If it is a solely tech project it is good to have understanding how deep team understands tech aspects. For other industry projects we are not so strict because business development is way more important there.

    Investor Protection: how protected are investors money after contributing into project? - There should be clear mechanism of investor money protection like escrow or at other ways mentioned in the whitepaper or token sale details document.

Each project should be reviewed individually and getting all green checkmarks does not mean that you should definetly invest into it. Due Diligence process does not include comparing to competitors, market research and doing any forecasts on project possible success or failure. This is represented by Interest Level. Not a financial advise. Right now only few projects are considered intereseting and even them are mostly for flipping.

Things described above is around 20-30 % of the work that should be done. It is a way better idea to have all things being rechecked by the community. That is why we have Red  Flags(not to invest) and Green  Flags (sort of proved facts about project) which can be rechecked by others. Our idea is that collaborative work can bring this process to a higher level.

During last year we had reviewed hundreds of ICO and finally ended up doing an online project   to share our experience.

https://tokensrecord.com/ico-due-diligence - some of the latest ICOs reviewed are here.

If you want you ICO to be reviewed just leave a notice here and submit it to our website using this form.
Be ready for strict review and possible feedback you did not expect. But if you are ready to be 100% transparent for the community let`s do it!  

Details: ICO review procedure  

Events for 14 Apr, 2018:

ColossusXT (Colx)  London Cryptoshow

Expanse (EXP)  Johannesburg Meetup

Lisk (LSK)  Lisk Core 1.0 Beta

NEM (XEM)  Nem Istanbul Meetup

PacCoin (PAC)  London CryptoShow

Phore (PHR)  AMA Event with Cryptex

Qlink (QLC)  NEO Meetup Amsterdam

Rivetz (RvT)  Women In Tech Summit

Voise (VOISE)  IOS APP Release

More crypto project events here

Some other tools that you can find useful:
- Social Tracking Tool Telegram Chat Members and Twitter Followers.
- Binance Trading Tool[/ur] with monitoring nearest events, latest tweets and price changes of project list on that exchange. Same thing for [url=https://tokensrecord.com/trading/bittrex]Bittrex
- ICO Facts reviews in Green Flags section (in opposite to Red Flags).
- ICO Stats which is token price changes since ICO
- Widgets with events, upcoming ICOs, project video reviews, and token ROI in ETH or USD. See full list of widgets
- We also have a basic CMS for each project to keep project page on our platform up to date (manage token sale details, team members, additional links, token distribution details). We can explain it in details if you are interested.

Decentralized Due Diligence Platform was our goal for many weeks already. Our team was looking for a solution for a system that can help crypto community identify good projects from scam in a collaborative way.

Right now what we got are four key parts that we consider a way of organizing community work so other can join us:

1. The Red Flags. We had started a topic about that some time ago https://bitcointalk.org/index.php?topic=2916380.msg30005678#msg30005678. There are a lot of things that had change in our vision since then. However we strongly believe that identifying ICO Red Flags should be one of the main things to do while analysing an ICO. That can help unexperienced investors from sending money to scammers.

2. ICO Due Diligence procedure that allows us to check key aspects about team, company, project idea, product or MVP, ongoing development, token distribution, investor protection.
That part of our platform is new. You can find it here https://tokensrecord.com/ico-due-diligence We are doing it on an ongoing basis. Your input will be appreciated.

3. Team member search. That is recent tool we had introduced a couple weeks ago. https://tokensrecord.com/membersearch At some point of time we had figured out that there are team members and especially advisers that are in too many projects at once. That is one of the red flag types we do not like to publish yet.

4. The last but not the least thing is Event Page. We had initially created that section of the platform to support our Trading Community and provide a social monitoring tool. You can find the initial topic here. But then we figured out that project do not really care about post-ICO community work. And the community has to literally collect all the information to keep track of the project and share rumors and important announcements about upcoming events. So for our post-ICO project tracking we have Events Section. Feel free to contribute any project related information there. You can share you BTC and ETH wallets alone with twitter account to get rewareded for the work you do.

Right now we are seeking for community feedback and support. TokensRecord is taking a lot of our resources and we need to know that things we are doing are important for the community we are all in.
We will be glad for any feedback and ideas for TokensRecord.com to improve.

Join us in the telegram chat https://t.me/tokensrecord
There are not so many people there yet. Our private chat is in slack since most of the core team members are developers and we are used to slack more than to telegram. However since crypto community is mostly in telegram we decided to make an open discussion chat there too.

Events for 12 Apr, 2018:

Bitcoin (BTC)  Liberland ICO Contest

Bitcoin (BTC)  BCTvol6

Block.array (ARY)  Test Network V2

BLUE (BLUE)  Whitepaper/Roadmap Update

Cappasity (AR)  Bonus Airdrop

Legolas Exchange (LGO)  Blockchain Expo Global

Matrix AI Network (MAN)  Strategic Partnership

Ripple (XRP)  Airdrop for LST Holder

Stratis (STRAT)  Blockchain Delhi 2018

Waltonchain (WTC)  Signing Ceremony

More crypto project events here

Nano (NANO) Events:

12 Apr, 2018 - Universal Blocks

2 Jul, 2018 - Banano Airdrop

Monitoring Bittrex Tokens: Events, Project Social Activity and Price Changes

Telegram channels with crypto events: https://t.me/tokensrecord_bot

Humaniq (HMQ) Events:

12 Apr, 2018 - Mobile 360 Series

Monitoring Bittrex Tokens: Events, Project Social Activity and Price Changes

Telegram channels with crypto events: https://t.me/tokensrecord_bot

EtherParty (FUEL) Events:

18 Apr, 2018 - Rebranding Contest

Monitoring Bittrex Tokens: Events, Project Social Activity and Price Changes

Telegram channels with crypto events: https://t.me/tokensrecord_bot

CampusCoin (CMPCO) Events:

30 Jun, 2018 - Major Exchange

30 Jun, 2018 - Beta Launch

30 Jun, 2018 - POS Implementation

30 Sep, 2018 - CampusMerchant Acceptance

30 Sep, 2018 - CampusCoin App Release

Monitoring Bittrex Tokens: Events, Project Social Activity and Price Changes

Telegram channels with crypto events: https://t.me/tokensrecord_bot

NEO (NEO) Events:

13 Apr, 2018 - NeoXQRC Global Hackathon

16 Apr, 2018 - Lisbon Meetup & Workshop

17 Apr, 2018 - Neo Europe Tour - Lisbon

18 Apr, 2018 - Blockchain Career Fair

19 Apr, 2018 - Madrid Meetup & Workshop

22 Apr, 2018 - Paris Meetup & Workshop

24 Apr, 2018 - Vienna Meetup & Workshop

26 Apr, 2018 - Zurich Meetup & Workshop

30 Apr, 2018 - NEO Listing on Cobinhood

Monitoring Bittrex Tokens: Events, Project Social Activity and Price Changes

Telegram channels with crypto events: https://t.me/tokensrecord_bot

Nexium (NXC) Events:

30 Jun, 2018 - Game Design Changes

30 Jun, 2018 - Growth Programs

Monitoring Bittrex Tokens: Events, Project Social Activity and Price Changes

Telegram channels with crypto events: https://t.me/tokensrecord_bot

Spectrecoin (XSPEC) Events:

1 May, 2018 - Xspec Hardfork

30 Jun, 2018 - Android Wallet

Monitoring Bittrex Tokens: Events, Project Social Activity and Price Changes

Telegram channels with crypto events: https://t.me/tokensrecord_bot

LoMoCoin (LMC) Events:

30 Apr, 2018 - Global Ambassador Program

31 May, 2018 - LoMo Conference

31 May, 2018 - LoMoStar 2.0

30 Jun, 2018 - Fiat Pairing

30 Jun, 2018 - Wallet & Explorer Upgrade

Monitoring Bittrex Tokens: Events, Project Social Activity and Price Changes

Telegram channels with crypto events: https://t.me/tokensrecord_bot

I/O Coin (IOC) Events:

16 Apr, 2018 - New Exchange Listing

17 Apr, 2018 - Launch Stealth Addresses

Monitoring Bittrex Tokens: Events, Project Social Activity and Price Changes

Telegram channels with crypto events: https://t.me/tokensrecord_bot

Elastos (ELA) Events:

19 Apr, 2018 - Official UK Meet-Up

21 Apr, 2018 - 2nd Elastos UK Meet-Up

Monitoring Bittrex Tokens: Events, Project Social Activity and Price Changes

Telegram channels with crypto events: https://t.me/tokensrecord_bot

BitcoinX [Futures] (BCX) Events:

30 Jun, 2018 - Smart Contracts Release

Monitoring Bittrex Tokens: Events, Project Social Activity and Price Changes

Telegram channels with crypto events: https://t.me/tokensrecord_bot

Huobi Token (HT) Events:

12 Apr, 2018 - 18T Airdrop

Monitoring Bittrex Tokens: Events, Project Social Activity and Price Changes

Telegram channels with crypto events: https://t.me/tokensrecord_bot

Pundi X (PXS) Events:

30 Apr, 2018 - Monthly Airdrop

30 Jun, 2018 - Expanding To Markets

Monitoring Bittrex Tokens: Events, Project Social Activity and Price Changes

Telegram channels with crypto events: https://t.me/tokensrecord_bot