ICORating.io - A simple tool that will help you avoid from fraud

[Itskok]

                               

Hi everyone.
We are the developers of https://whitestream.io
It's a Blockchain rating technology designed to reduce transactions time and allow reliable interactions on the Bitcoin Blockchain.

We are trying to help the public invest their money wisely in the Initial Coin Offerings, because something really fucked up in this Eco-system.
Companies that want to interact with their investors/customers must do it with creditable addresses with proven history on the Blockchain.
The ICO rating tool will rank Ethereum accounts to help you better understand the potential for fraud, It's a simple tool that based on one of our Bitcoin rating prototypes.

https://icorating.io

Our rating is based on a very simple parameters -

* For how long the account exist?
* How many outgoing transactions he has?
* What is the current balance of the account?

Its extremely simple to use, and it can protect you in real time, but still, it's just a recommendation.



The scores -

0 -2 - New account on the Blockchain, check it very carefully before sending your money
2 -4 - New account on the Blockchain, check it very carefully before sending your money
4 - 6 - This account have some basic reputation, looks OK but still require your extra check
6 - 8 - Looks like a good account with a decent amount of reputation
8 - 10 - We are not there yet, lets hope we will!



We will add more logic and extra features according to your suggestions and feedback.
Follow for more updates - https://twitter.com/icoratingio


Donations -
ETH - 0x98D55c4c11065e65fb35130A44c8b7Ad1E6F45A9
BTC - 1WhiteNuYaMWezMYW6iATdgEzebvH6dp5

Thanks.

[jootjejodel]

This seems like a great project. I am waiting for bounty program also I would like to do other marketing for your ICO!

[thebatletbet]

good service i think service same with icocountdown or tokenmarket service
but if you post in announcment thread is wrong section
is good you move service announcment altcoin section or service announcement section

[enkayz]

but who rates the raters?

[TimeTeller]

There's typo error on your icorating website.
By the way, I don't like much if the project is asking for donations.
And you can't see much on the website you provided.
Nothing substantial to read. Everyone can create that in few minutes.

[khufuking]

Rating an ICO is always a good service . But I do not understand ! how rating an address and mark it with new or old address will add any trust for an ICO ! . What I mean is new address is something common for all ICO right ? Why would anyone use his old personal address to make an ICO ? If what I understand is correct I really do not see any value in rating an addresses based on how old they are . !

[Itskok]

Accurate rating should be based on much more data and not just on addresses history, icorating.io is just a prototype that we will improve in the future.
If someone want to raise some funds, he must prove that he owned the address/account, this is on of the most strongest way to avoid fishing/fraud.
Maybe all of these ICO companies should use a middle man or third party to raise their funds, someone with a proven records that can save the money until the ICO process is over.
Because right now, people are losing tens of millions of dollars and we cannot trust the ICO's companies.

[siddartha1492]

Hmm, I like the idea of checking the rating of an ICO based on their ethereum address. But more detailed manual analysis by your raters would have helped the newbies more.