How trustworthy are ico rating sites?

[metalbean]

Some are doing a great job overseeing ICO teams, but how do we prevent collusion?

Just asking

[1714155563]

1714155563

[1714155563]

1714155563

[1714155563]

1714155563

[cenicsoft]

You don't. Lots of them receive payment for reviews/promotion. Still best to judge the ICO yourself.

[timet678]

Good question. I tend to think the two linked below are pretty trustworthy. I've been following them for months and their calls have been quite accurate.

https://crushcrypto.com/ico-analysis/
https://picoloresearch.com/

Here's an example of one I wouldn't find trustworthy. They give various projects a platinum rating but apparently that rating is just paid marketing. They admit to it in the comments on this ico: https://www.coinschedule.com/projects/1199/monkey-capital-ico.html

In the end you need to be careful whose opinion you trust when it comes to investing money and always do your own research.

[nightmanisrightman]

I would also say not very trustworthy. Think about it they are getting paid (or most likely are) to summarize an ICO. Do you really think it wont be biased? Good luck on them trying

to stay subjective. They will write a good report because then in future it gets more ICOs to list with them. I would disregard anything an ICO site says and just DYOR. You will know

much better for yourself whether project will do okay. If you need facts and a quick summary then its no harm but dont go basing your whole decision off of an ICO site thats real bad.

[TheBobyHunter]

the best ico rating site or ico service site is tokenmarket
another tokenmarket icocountdown and icoalert

[limmousine]

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.

[Cloud27]

You can't prevent the collusion between them that is their bread and butter. Still the best we can do are to read, research and ask questions regarding that ICO. Be censorious or do we want the ICO be regulated.

[bbc.reporter]

You don't. Lots of them receive payment for reviews/promotion. Still best to judge the ICO yourself.

Yes they do. They are as vile and corrupt as some of the people behind ICOs. But the problem is most of us are not technically capable to assess and judge an ICO for ourselves. The community is still the best source of information but it can be manipulated by making fake accounts in the forums.

Read the article about Moody's. If they can cheat their own ratings under the noses of the SEC then it would be very easy for ICO rating sites to make up their own ratings.

The credit rating agency Moody’s has agreed to pay nearly $864m to settle with US federal and state authorities over its ratings of risky mortgage securities in the run-up to the 2008 financial crisis, the department of justice said on Friday.

Moody’s reached the deal with the justice department, 21 states and the District of Columbia, resolving allegations that the firm contributed to the worst financial crisis since the Great Depression, the department said in a statement.

“Moody’s failed to adhere to its own credit-rating standards and fell short on its pledge of transparency in the run-up to the ‘great recession’,” principal deputy associate attorney general Bill Baer said in the statement.

https://www.theguardian.com/business/2017/jan/14/moodys-864m-penalty-for-ratings-in-run-up-to-2008-financial-crisis

[Prodigan786]

Lots of Ico website paying for review for the contributor and also they are charging for Ico listing in their website it's pure business no one is doing charity here . After lots review I followed finally decided not to trust any Ico review Website.

[V1saya]

You don't. Lots of them receive payment for reviews/promotion. Still best to judge the ICO yourself.

You are right, mate. As a matter of fact, ICO rating sites are now fast becoming an instrument of ICOs to somehow make their ICO look very promising and legitimate. You should try to go deeper than these sites. Urge yourself not to be satisfied with what the ICO sites are saying.

[metalbean]

the best ico rating site or ico service site is tokenmarket
another tokenmarket icocountdown and icoalert

I hear tokenmarket alot and they've been around the longest (i think)

However it also strange and interesting that ICOs listed on their sites have tokenmarket sits in the service as advisor, for example Monaco. Just saying.

And thanks for icocountdown and icoalert.

[renes]

Yes they high likely receive payments for promotion but even they are honest in reviews, you should always do your own research.

[DRVX]

Good question. I tend to think the two linked below are pretty trustworthy. I've been following them for months and their calls have been quite accurate.

https://crushcrypto.com/ico-analysis/
https://picoloresearch.com/

Here's an example of one I wouldn't find trustworthy. They give various projects a platinum rating but apparently that rating is just paid marketing. They admit to it in the comments on this ico: https://www.coinschedule.com/projects/1199/monkey-capital-ico.html

In the end you need to be careful whose opinion you trust when it comes to investing money and always do your own research.

Hey, what do you thing about this websites?
http://icorating.com/
tokenmarket.net
Are they giving correct information?

[RoommateAgreement]

nobody creates a website for no reason and "just to help" others. they have some motivation that they have created that website.
it can simply be to get some traffic and earn money through the advertisement (which is mostly the case in crypto related websites) and in that case they don't usually care about the content and they post anything just to get that traffic. see the news sites and their click-baits for examples.

or it can be because they want to have the power to even hype something they have invested in. and in that case they may falsely praise and advertise something more than others just because they have an investment in it.

[metalbean]

nobody creates a website for no reason and "just to help" others. they have some motivation that they have created that website.
it can simply be to get some traffic and earn money through the advertisement (which is mostly the case in crypto related websites) and in that case they don't usually care about the content and they post anything just to get that traffic. see the news sites and their click-baits for examples.

or it can be because they want to have the power to even hype something they have invested in. and in that case they may falsely praise and advertise something more than others just because they have an investment in it.

No kindness out of no where

[bundo]

Before ico is done, they already have an organizational structure, and have their respective roles in the field ..
and they are experts in their field,
so,,not supervised

[byusboy]

Some are doing a great job overseeing ICO teams, but how do we prevent collusion?

Just asking

A lot of them are paid. Only trust your own judgement.

[BUK2016]

Some are doing a great job overseeing ICO teams, but how do we prevent collusion?

Just asking

There are some who oversee ICO that are ligitimate because,is in their policy that they don't advertise ICO that are not legit. But for others who there prime motive is to make profit not minding the people who visit their site, they end up advertising both legitimate and illegal business.

[Temmy007]

Some are doing a great job overseeing ICO teams, but how do we prevent collusion?

Just asking

A lot of them are paid. Only trust your own judgement.

Yea this is right.. And do your research well

[CoinSpeculator]

https://tokenmarket.net/
you can use this website. there have many user's ratings and previews.