The data for the rating is cross-referenced from different sources. The project Yudi Token, for example, received a 4.7, as it is aggregated on all other sites with an average rate 4.7. When we figured out that it is a scam and team members have fake accounts, we updated the information immediately and placed a note:
"Warning. It may be a Scam". Officium project was also marked with a Scam Warning.
Our experts do not make any ratings. It is aggregated using information from all rating sites. The rating may rise or fall and, generally speaking, change during an ICO.
Here you can see examples of rating changes:
We also perform a verification of ICO team members.
It occurs in the following way: each team member must log in with that LinkedIn account, which is noted on the project’s website and link his/her page to the LinkedIn or Facebook account. Thereby, members confirm their relation to a particular ICO. But we cannot prove it was a fake linkedin profile. Using this account team members must affirm that they work with this ICO. They can tell about their roles in the project, duties and why they believe in the project's success. It looks suspiciously, if none of the team members have confirmed their participation in ICO. In such case, we mark team members as “Unverified.” The same happens if ICO team members don't have a single LinkedIn or Facebook profile. We do not request ID data from team members, but only information about social profiles, from which they can enter our site and confirm their accounts are linked to an ICO. That's the way we conduct the verification procedure.
You can see that many projects on our website
https://icoholder.com/en/icos/all are marked with a Scam Warning note. We publish all evidence about Scam ICOs and you can contact us if you have any information about fraud. We will publish the evidence anonymously.
