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Author Topic: How trustworthy are ico rating sites?  (Read 1370 times)
Claudyah
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June 16, 2018, 04:24:36 AM
 #41

I think there is no company that specifically oversees ico. this job is good and needed. but I think all that has been answered with there eth smart contract and escrow service.
there is no official oversight but here we will be forced to do our best with our honesty and expertise to be paid by a product or company who judges for those who open the service.
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The trust scores you see are subjective; they will change depending on who you have in your trust list.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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June 16, 2018, 04:54:44 PM
 #42

The trustworthy ICO rating websites are limited, I only trust ICObench and ICOholder, and even after checking the ratings there, I make an additional research to avoid all the risks before investing, or joining the bounty campaign. There is always a risk involved with the ICO investments so we have to study carefully the projects before the investment.
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June 18, 2018, 12:09:16 PM
 #43

Ico rating sites cannot really be trusted as most of them are paid to rate a project higher than it should. Some projects gets high ratings and end up being scam while the less rated projects are doing well in crypto. It is better to do a research about a project before you invest in it.

 
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June 18, 2018, 02:43:37 PM
 #44

I guess that the question how trustworthy ico rating sites is very difficult, as some just copying others websites, when the rest is just making high ranks as they were paid. So in my opinion better to rely on your own opinion

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June 18, 2018, 03:10:04 PM
 #45

ICO rating sites is a good way to start out, when you are looking for information about new projects. I don´t think that ICO rating sites would collude with scammers. However they have their rating systems and they could possibly be gamed by scammers, so at the end of the day you will need to do your own due diligence before you invest in a project.
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June 18, 2018, 08:22:08 PM
 #46

The trustworthy ICO rating websites are limited, I only trust ICObench and ICOholder, and even after checking the ratings there, I make an additional research to avoid all the risks before investing, or joining the bounty campaign. There is always a risk involved with the ICO investments so we have to study carefully the projects before the investment.
You cant totally call them to be trustworthy fully even though listing of ico is convincing but not totally a valid thing or sure thing to be followed if you are an investor.Additional research should really be needed if you are having a second thoughts on joining up. Our knowledge and research skills will vary and i agree on some dude mention on here that some of them are just shilling out a project because they had been paid and do their job. This is why further research is recommended anytime no matter how popular they are.

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DPrillio
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June 18, 2018, 09:06:28 PM
 #47

Ico rating sites cannot really be trusted as most of them are paid to rate a project higher than it should. Some projects gets high ratings and end up being scam while the less rated projects are doing well in crypto. It is better to do a research about a project before you invest in it.
Maybe there are cases to be like that, but the main purpose of the ICO ratings for each rating site is to give people's idea and some background about that particular coin based on their assessment and speculative ideas through the purpose of each coin and how people or investor adapt on it, it's only a rare case that we say ICO rating is just like a paid advertisement and beside I always still believe and rely on their rating guide before I participate a bounty or doing investment in any ICO.

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June 19, 2018, 02:51:11 AM
 #48

After basing on their ratings to choose a bounty, my conclusion is they are worthless and untrustworthy. I don not rely to their 4-5 star ratings anymore because I always experience those projects getting postponed or cancelled at the middle of their campaign. Most of them are just paid.
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June 19, 2018, 06:08:00 AM
 #49

I know that rating site are business oriented. They make offers to developers of each coin for much higher ranking, that’s is always my perception that’s why I don’t rely on them. So I consider those just guide or pattern and I do my own research in the way before investing my hard earned money. Do we really believe in those when we already know the truth that money speaks louder than words for this kind of businesses.

HODL
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June 19, 2018, 12:23:57 PM
 #50

First prioty always go to ICObench to check whether it has the potential grow more in the market or not. Then I check the trackerico website always to find the review as well mate. Personally I do not be check these rating site and all.
If I want to invest on ICO. I use to check the white paper and complete team information. If you follow up that means alone you will be able to choose the right ICO bro.

ICO rating websites are based on the money spent by the owners but by studying ourselves it is impossible to find the best ICO, but by seeing from the ICO website we can able to find the potential coin and we have to go through the project which will impress us.
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June 19, 2018, 12:46:46 PM
 #51

First prioty always go to ICObench to check whether it has the potential grow more in the market or not. Then I check the trackerico website always to find the review as well mate. Personally I do not be check these rating site and all.
If I want to invest on ICO. I use to check the white paper and complete team information. If you follow up that means alone you will be able to choose the right ICO bro.

ICO rating websites are based on the money spent by the owners but by studying ourselves it is impossible to find the best ICO, but by seeing from the ICO website we can able to find the potential coin and we have to go through the project which will impress us.

You cannot say all the rating site are same mate. Then if they pay and see their signature here and their project on social network means you can understand that project is worthy to invest your hardearned money on that ICO for profit purposes bro.
Then I would use to check the topicolist.com website to get the good ICO projects bro. Upon their listing I can see the legit listing there.

 
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