Dirty Business: Douglas Lyons How Fake Ratings Makes Money
After losing money in a project where I was an adviser (
https://medium.com/@olegraran/fake-advisor-douglas-lyons-or-where-is-the-money-5b197cca7ca1), I began to carefully study information about him.
It turned out a strange thing - almost all the projects in his profile evaluated as 1.1.1. He is not writing reviews, but simply copies them, here are two examples:
1. Project INFRACOINS
https://icobench.com/ico/infracoins/ratings#ratingsDouglas Lyons
Board Advisor- Early Adoption and Strategic Partnerships
Rated on Jul 17, 2018
Modified on Jul 24, 2018
this is just another property rental listing site with no discernable features from others. The competition in this space is fierce, fuelled by huge advertising budgets and name brand awareness. There is absolutely no implementation of blockchain beyond the fund raising.
there is 0 opportunity for any type of ROI to investors.
This is not a good investment.
2. Project PLACETORENT
https://icobench.com/ico/placetorent/ratings#ratings Douglas Lyons
Board Advisor- Early Adoption and Strategic Partnerships
Rated on Jul 17, 2018
Modified on Jul 24, 2018
this is just another property rental listing site with no discernable features from others. The competition in this space is fierce, fuelled by huge advertising budgets and name brand awareness. There is absolutely no implementation of blockchain beyond the fund raising.
there is 0 opportunity for any type of ROI to investors.
This is not a good investment.
TRY TO FIND DIFFERENCES:
Another strange thing - he does not particularly study information about the project, when rating it.
For example:
He rates with 1 (SCAM) the team of WEMARK.
https://icobench.com/ico/wemark/ratings33 expert ratings - 4.0
ICO PROFILE - 4.9
TEAM - 4.3
VISION - 3.7
PRODUCT - 3.7
Adviser Douglas Lyons rating:
TEAM – 1 (SCAM)
VISION– 1 (SCAM)
PRODUCT– 1 (SCAM)
Let’s look, what people he calls scam:
Lars Perkins - Former CEO & Founder @Picasa, Director @Google
Keren Sachs - Former Director of Content Development @Shutterstock
Miguel Forbes - Co-Founder @Forbes.com
Amir Feder - Token Economy Advisor, Northwestern University
Ismail Malik - ICO advisor, Founder & CEO @Blockchain Lab
And I wondered why he lowers the rating of those projects?
I got in touch with team representatives of those projects which were evaluated by adviser Douglas Lyons and everything became clear:
Shortly before the rating of adviser Douglas Lyons appears or right after it was published, some people turn to them with a proposal to raise the rating at for money.
Price for a better rating by 20 experts is 8 000 USD. Very good income, even if shared with other “experts”, consider to the amount of “scam” projects adviser Douglas Lyons finding every day. The main thing is to find a project got the money already and ready to pay the price to fake rating.
In his profile all ICO are scam.
Excellent Business brings excellent ROI (return on investment)
Adviser Douglas Lyons profile ICOBench:
https://icobench.com/u/doug-lyonsAdviser Douglas Lyons profile LinkedIn:
https://www.linkedin.com/in/douglas-lyons