[ANN][RATING] Digital Rating Agency (ICOs, cryptocurrencies): launching

[choojoy]

Digital Rating Agency

digrate.com

Website | Facebook | Twitter | Telegram | Medium

Digital Rating Agency - rating agency providing services on the assessment of the quality of digital assets, including ICO, infrastructure audit, information security maintenance and publishing of analytics.

Mission: to help investors to choose high quality digital assets
Values: objectivity, efficiency, responsibility

We are an independent group of experts whose mission is to evaluate and describe the pros and cons of different digital assets available for investment to funds and individuals.



How do we evaluate ICOs?

1. Team and partners
Efficiency of a team, professional skills, project launch experience

2. Project analysis, finances
Core product, technologies, budget

3. Market volume, dynamics, competition
Project environment

4. Technology's implementation
Analyzing of using technologies and current project's state

5. Legal framework
Regulatory requirements, legal obligations of the team

6. PR
Recognizability and attractiveness of the project



Rating scale of investment attractiveness

A1 - High level High probability of investments, low sensitivity to market environment.

A2 - Satisfactory level Medium high probability of investments, sensitivity to market environment.

B1 - Satisfactory level Real risk exposure, high sensitivity to market environment

B2 - Low level Low development potential, eventual speculative investments

C - Low level High default risk in the short term

D - Low level Default



How do we identify scams?

1. Information about core team and developers of the project

2. Legal obligations

3. Successful and failed projects of the team

4. Presence of guarantors

5. Elaborated idea of the project, income and expense budget

6. Prototype, MVP, existing product



What is the fraud rate

1. Low fraud rate

2. Medium fraud rate

3. High fraud rate

4. Scam



Our reports

Rootstock (A2, Low Fraud Rate): eng | rus

Jincor (B2, High Fraud Rate): eng | rus

Goldmint (B2, High Fraud Rate): eng | rus

COMSA (A2, Low Fraud Rate):  eng | rus

Privatix: (B2, Medium Fraud Rate): eng | rus

crypto.tickets: (A2, Low Fraud Rate): eng |  rus

XRONOS: (C, Scam Fraud Rate)

RoboMed: (B1, Low Fraud Rate): eng | rus

RoboMed: (B1, Low Fraud Rate): eng | rus

MicroMoney: (B1, Low Fraud Rate): eng | rus

BitClave: (A1, Low Fraud Rate): eng | rus

BioCoin: (A2, Low Fraud Rate): eng | rus


Papirus: soon

Snov: soon

Karma: soon

BitJob: soon

Privatix: soon



DigRate encyclopedia: simplifying complex ideas.

What are cryptocurrency and blockchain
What is a smart contract
What is a fork and how to get new cryptocurrency forks
What is ICO/ITO/TGE
Tips for information security when working with cryptocurrency
How to buy cryptocurrencies
How and where to store cryptocurrency
К Overview of hardware wallets

For any questions or suggestions please use info@digrate.com or site's feedback form or this thread.

Website | Facebook | Twitter | Telegram | Medium


https://bitcointalk.org/index.php?topic=2208830.0 - russian thread

[Reinsurer]

And Privatix with thnx

[choojoy]

Yep, Privatix will be soon too

[PonzyManCrazyLiar]

is good service
but is very good if review before ico run, or ico end still long time, so investor can invest in good project
if review after ico end is late because investor is ready invest

[choojoy]

Dear friends, Digrate.com try to improve not only the world of cryptocurrencies but also our reports. Meet our COMSA report in a new format.

COMSA is a new product of the Tech Bureau, which unites the networks of NEM, Ethereum, Bitcoin, and Mijin for the release of new ICOs for public blockchains. The project has a highly qualified development team and supported by a number of well-known financial partners and investors.
In addition to high popularity and wide support, the project team has already completed their product - the block code "Mijin" based on the NEM protocol, which is already being tested and used by more than 300 companies.

We ranked COMSA as "A2". Medium high probability of investments. All advantages of the project, which allowed it to deserve such a high rating are presented in express report. Of course, we did not neglect the disadvantages that are still in the project. More details in our report.

http://digrate.com/uploads/ico_report/COMSA_eng_EVk8fL7.pdf

If you have any questions - please ask us!

[Reinsurer]

is good service
but is very good if review before ico run, or ico end still long time, so investor can invest in good project
if review after ico end is late because investor is ready invest

That's true!

[Foxinnest]

Gentlemen, just to inform, that working with this team could be for free, since Digrate is trying to save money not paying to interpreters. The guys have set themselves the goal of having a translation at the level of the "native speaker", but they are looking for it for some reason in the Russian language branch of the forum in the low price segment, instead of contacting ABBY, for example, which takes much more money for such services.

As a result, the test task by their side was passed. Then there is a translation, as soon as the translation is completed the flashing phrases about the "native speaker" suddenly become the basis for refusing to accept the work. I emphasize this happens when translated text in thier hand after passing the test task; text  correspond to origin in terms of meaning and technical terms. The only one criteria to refuse is that you are not at level of the "native speaker", which can be speculated indefinitely.

Attempts to get out of the situation finding compromise with the correcting of the text do not work either. Discussion lost sens finally, as it's difficult to reach required level of "native speacker" from point of view of non-native speackers from Digrate.

Rating scale of attractiveness to have deal: D - Low, default level

When we started our conversation and explained you that we need the text that would sound natural in English for a native speaker, you agreed with it. And after that you translated our text just using Google, do you really think this is a work worth paying for? Why should we pay for Google translation? And in addition to automatic translation, you`ve made several quite silly mistakes, sorry but it's true. Again - thanks to Google, because I do really hope you're a good translator.

[Foxinnest]

Meet our new Privatix report.

The development of Privatix Limited is a network of Privatix that allows to reduce costs and increase the profitability of the business in the consumer VPN market, eliminating the intermediary services and giving people the opportunity to share their communication channels through P2P network.
Privatix is decentralized and autonomous P2P VPN Network on blockchain with the first Internet bandwidth marketplace powered by its own crypto-economy.

The company will face significant competition in the VPN services market in general, and in the ICO market in particular, due to already implemented successful ICO of Mysterium project with a similar idea and technology (from the customers’ perspective). Moreover, Tor, Hola, and CENO solutions show that blockchain is not a necessity for implementing this idea.

We ranked Privatix as "B2". Low development potential, highly speculative investments. More details in our report.
http://digrate.com/uploads/ico_report/PRIVATIXENG.pdf

[dorianm421]

You do not have a quality agency with unknown specialists. How do you prove that your ratings are not corrupt?

[Foxinnest]

You do not have a quality agency with unknown specialists. How do you prove that your ratings are not corrupt?

We have enough experience in evaluating investment attractiveness of other financial institutions, however our reports express just opinion of our experts. It can't be treated as the strong recommendation to buy or sell anything, it's up to you. We just provide some additional information you can use or ignore.

[choojoy]

DigRate team congratulates crypto.tickets on the ICO start and reports that has assigned "A2" rating score to the project. Medium-to-high probability of investment return, considerable sensitivity to market environment.

The crypto.tickets is a project building a blockchain ecosystem that will change the mass event ticket sales market. For the time being, the global ticket industry faces the everyday problems, such as: speculation on the secondary ticket market, fakes and fraud, incomplete sale of tickets and lack of a common standard for the return of tickets. These are the main topics of all industry conferences around the world.

As founders promise, the blockchain technology will solve these problems forever, simplify the market parties’ intercommunications and provide transparency of all ticket transactions. The company claims that it will solve the problem of the lack of mutual trust as all transactions are made in blockchain and all relations are controlled by smart contracts.

Tokens of the Project have the potential for significant growth due to the architecture of the ecosystem, in which each ticket purchased for fiat currency in the Tickets Cloud and other ticket systems. Through the back-end it will be organized as a request to purchase the required number of TKT tokens on the exchange. However, the motivation of companies selling tickets to receive payment in TKT tokens is not clear at the moment. Moreover, their motivation to instantly exchange TKT for fiat currency threatens the economic stability of the crypto.tickets system and the future value increase of tokens.

Read our recommendations on project improvement in the report. Let's get ready for the crypto-party!
http://digrate.com/uploads/ico_report/Crypto_Tickets_eng.pdf

[atomiclaundry]

In the opinion of the Digital Rating Agency team, XRONOS is a perfect example of a project that combines a wide range of fraud signs in it.

According to the official website, "XRONOS is an aggregator of cryptocurrency and blockchain-technologies. XRONOS target is to create the first truly stable cryptocurrency." We identified several alarm signs, on the basis of which we reached conclusions on the low investment attractiveness of the project:

1. Guaranteed profitability. The promise of profitability above the bank deposit is a serious reason to think about the sources of this income. The multiple profit guarantee is a clear sign of fraudulent projects.

2. Questionable social networks profiles. The vast majority of participants' accounts are closed and don't contain a mention of the project.

3. A language mix for making the project meaningful. Part of the text, including Terms & Conditions, isn't translated into Russian, while the main website content is translated, and the team itself obviously has Russian roots and attracts funding among the Russian-speaking audience.

4. The team hasn't been in contact to answer our questions.

5. Complex words and constructions, whereas all the same can be described much easier and more clearly, can be a sign of deliberate complication of the perception, which is not very good for investors.

6. A small number of subscribers in social networks.

7. Considerable discrepancies in the text on the website and the laid out documents. For example, on the website's Terms & Conditions we couldn't find the promised guaranteed profitability, moreover, there is a complete disclaimer of liability.

Among the advantages, there are stylish pictures on Facebook, the presence of Edgar Otchenshenko in the team, whose Facebook page is more like the living one, and the fascinating White Paper.

The DigRate team highlighted this project because of advertising in Yandex.Direct, which, in our opinion, is aimed at the least informed users. The Digital Rating Agency recommends thinking carefully before investing in such assets and assessing all the risks. ICO with signs of fraud, buying advertising placements, will always cause the DigRate team increased interest. We will sensitize the public to projects that pursue the goal of enrichment by inexperienced investors. In our opinion, the listed facts are sufficient to assign ratings without a more detailed express report. According to the collective opinion of Digital Rating Agency, the investment attractiveness rating of the XRONOS is "C" - low investment attractiveness, high default risk in the short term. Fraud Rate Scam.

This evaluation expresses the view of Digital Rating Agency and is not a fact-finding or recommendation to buy, hold or sell those or other assets, make investment decisions. We do not blame anyone for fraudulent actions, but we express our opinion about high risks. Digital Rating Agency assumes no responsibility for any consequences, interpretations, conclusions, recommendations or other actions directly or indirectly related to the evaluation performed by DigRate?s rating actions, as well as the observations and conclusions contained in the rating report and press releases, or absence of all of the above. The only source that reflects the current state of assessments is the official website www.digrate.com.

[lycos]

Nice project. Are you going to offer a technical analysis of the ICO contracts?

[choojoy]

Not now, but one of evolution way in the future

[Reinsurer]

Nice project. Are you going to offer a technical analysis of the ICO contracts?

There are not so many projects where you can talk about a full (or at leat some) technical expertise. You don't need to be genius to look through standart smart contrats and uniq code things are quite rare at the moment

[hoppysurf]

DigRate has assigned "B1" rating score of investment attractiveness to Robomed Network project: Considerable risk exposure, high sensitivity to market conditions.

Robomed Network - is a medical network managed by a blockchain tokens and designed to provide the most effective medical care. The Robomed Network ecosystem connects healthcare service providers and patients on the basis of a smart contract, the value criteria of which are the performance metrics of a specific medical service and satisfaction of patient.

The Company will have to face different health systems and completely different legal framework in different countries, with the problem of access to personal data of patients. For example, in the US, this industry is extremely conservative and regulated. Most likely, the Company simply will not be able to work with medical centers because of legislative restrictions.
Whether medical centers will agree to the conditions offered to them by the Company is a controversial issue at this stage.
The future growth of tokens is expected to be secured by the growth of the Company's turnover, which can provide investors with a potential profit.

See detailed description of risks in our report.
http://digrate.com/uploads/ico_report/Robomed_ENG.pdf

[limmousine]

very helpful for beginners who are new to crypto world, especially for investors who want to invest in ico.
but I want to ask, how can you declare that a project is a fraud? is there a particular reason?

[Reinsurer]

very helpful for beginners who are new to crypto world, especially for investors who want to invest in ico.
but I want to ask, how can you declare that a project is a fraud? is there a particular reason?

Thank you for your question. We have our rating scale wich includes Fraud Rate. We assign an estimate Fraud Rate after we have quite full understanding aroud the project but (usually) several days befor investment attractivnes  report release. We match some reasons about  Fraud Rate when it's published but  more complete description of our conclusions are inside investment attractivnes report

[choojoy]

Digital Rating Agency has assigned "B1" rating score of investment attractiveness to MicroMoney project: Considerable risk exposure, high sensitivity to market conditions.

The issuance of loans to the population is a highly competitive segment where competitors can be banks, microfinance organizations, mobile operators and even search engines and social networks. Online lending with automatic scoring has been around for a long time and has its own pros and cons. The MicroMoney project team believes that it will be able to work much better than the market as a whole.

Advantages of the ICO are the availability of the core expertise of the team, productive PR-campaign, Advisory Board, and interesting investors. The main disadvantage is the absence of an obvious need for a decentralized system and tokens, as well as the low profitability of the credit business.

More details in our report.
http://digrate.com/uploads/ico_report/MicroMoney_ENG.pdf

[atomiclaundry]

The GoldMint project (Fraud Rate High, B2 rating score of investment attractiveness - low development potential, highly speculative investments) extended its ICO for another 20 days.

The project states that it raised $ 6 million (a little more than 10% of the desired amount of $ 49 million), so, as real purchases of external investors we can uniquely identify funds in the amount of $ 2.5 million only (about 5% of the of the declared limit). Lack of liquidity will be a big problem for investors when the funds announced in the project, which bought tokens at a price probably much lower than the current offering, will begin to make profit.

Contrary to the very professional and powerful PR, the crypto community agreed with our evaluation of the project. It's great!