ICO BENCH IS ASKING PAYMENT FOR "EXPERT" STATUS!

[trill312]

See the proof in the article below!

https://medium.com/@filip.poutintsev/ico-bench-is-asking-payment-for-expert-status-817daecc14e0

Someone still trusts this web-site? I participated in 4.5 benchy bounty so today i just received 3 dollars for 2 months' work. Can you believe it that after ICO ended and the price went down three times the still hold it's "high" status
I try to stay it out.

[olubams]

See the proof in the article below!

https://medium.com/@filip.poutintsev/ico-bench-is-asking-payment-for-expert-status-817daecc14e0

This is just the height of it to say that their reviews cannot be said to be objective. The fact is they are only relying on the status the community have give them by defaulting assuming that their review is sacrosanct to every ICO project that is launched and based on that determined which one to invest in or not. That singular action is centralising decision making which negates the very essence of crypto currencies.

[poutintsev]

It is the service they create that makes them charge what they do and that is simply because they place a lot of value on what they have to offer. A lot of people keep complaining about this platform but I do not know why they have not started theirs to try to make things better.

A lot of people are setting up their own ICO rating platforms because of ICO Bench.

Saying "do it yourself better" is not a very good argument here, because people are going it already.

This is also the reason why people want to expose ICO Bench, so that community will move to use those other more honest platforms.

[jemine]

See the proof in the article below!

https://medium.com/@filip.poutintsev/ico-bench-is-asking-payment-for-expert-status-817daecc14e0

That is strange.  It means that you someone pay them very well they will give a nice and amazing review without actually looking at the project.

[goyal.dkg]

nothing shocking , i saw many paid biased reviews on icobench for many projects , and situation is now even more worse , they are rating 4 to 5 star even a scam project which raised funds and run away with investors money without showing face after ICO .
so no one on that site care for biased rating or manipulation of such kind , everyone concerned for money . Few experts there are part of a same PR company which charge huge money from ICO and then later that group give ratings to them . saying it on basis of my experience .

[goyal.dkg]

Anyone who makes investment decisions based on the ICO rating sites deserves to lose their money. They do not do any analysis and from this article it is obvious that the expertise of their "experts" is negligable. It only really shows the ability to make a BitCoin Transfer. I imagine that these so called experts also rent out their services to potential ICO's offering them a high ICO rating in return for cash or tokens.

mostly people only buy token via checking rating and moon dreams , those people are the main target of such sites and so called experts who give high rating to projects which have no intention to work only a cash grab project .
That's why people are always advised to do own research and invest time in learning this market . or at least follow people who give ratings to really hyped potential projects .
Potential ICOs or really good projects don't pay to such people who can rate 5 star to any ICO , they pay to better people and sometimes they even don't need to pay . not all the ICOs on that site are scam or shit projects , but still most of them are .

[Maestro75]

See the proof in the article below!

https://medium.com/@filip.poutintsev/ico-bench-is-asking-payment-for-expert-status-817daecc14e0

Damn that is big news, thanks for sharing about it. But it is make me speechless, the disclosure able to share some proof tho.
Above articel has opened our eyes / those investor to do some reseach before do investing. Give a fake information for something that are purpose of crime.

Well, not big news to me. It should not be for anyone who know how the media works. They always dance to the highest bidder song, that is the media for you. ICObench is a crypto media. No difference.

[Viscera]

See the proof in the article below!

https://medium.com/@filip.poutintsev/ico-bench-is-asking-payment-for-expert-status-817daecc14e0

They are more often hype the project without reading whitepaper some would give false information to their community/investors. This influencers get alot of upfront fee from developers but they should think what's the real use cases of the project before they promote it.

[Ubrfeh]

Finally appeared something worthwhile Pro this office , so and felt that there are asking money for listing , and estimates mean nothing

[EugeneReigns]

That is the bitter truth of nowadays in crypto-world. Everybody finds sophisticated ways to earn big money from nothing. I think the majority of ICO rating resources do the same. Although I think that the majority of ratings there are true but there are some that are advertised by these platforms according to private agreements with the heads of particular projects. At the same time, the rating of some projects that are not that good advertised is underappreciated. They put rating 2 just because nobody made any reviews of such projects.

[poutintsev]

My article was republished on Data Driven Investor:

https://medium.com/datadriveninvestor/ico-bench-is-asking-for-payment-for-expert-status-93a2870ed3f2

[el kaka22]

Everything i've read about icobench the last few days was not good.
That's why i do not trust the page anymore. They all just want our money.

Trust an ordinary platform to make decision ? Why would I ever want to do that ? The thing here is that ICOBench have a service to render and they feel that is the price anyone will have to pay for it, so what is our own business with the people paying for it ? They are not complaining and if they are, they can simply make use of other ones. If the demand is less, I am sure the value will come down, but as much as some of us would like to complain, it seems the demand to get listed on ICO bench is not reducing.

Basically do not trust anyone for making your investment decisions. An investment decision must be based on our own research and analysis. Because no one will take responsible for our hard earned money but only we need to do.

[sud]

ICObench is over, I have zero trust in their ratings, and TBH was always sceptical about them. I only use it now to see new ICOs, and then I do more research on my own. It's pretty ironic how centralized and corrupted most of those ICO review sites are, considering they are in crypto space, which should be transparent and decentralized.

[Palider]

See the proof in the article below!

https://medium.com/@filip.poutintsev/ico-bench-is-asking-payment-for-expert-status-817daecc14e0

I always know that ICObench is not that good enough in doing reviews they all just after the payment of ICO project to fake ratings. The bigger the payment the good the rating is. But I do use icobench to check the progress of finished ICO

[alexandermr091]

Well I am not so surprised because most times you will see a project which is not so good but it will have a high review for ico bench, Like I have always said, I believe ico drops more than any other ico sites.

[xianbits]

See the proof in the article below!

https://medium.com/@filip.poutintsev/ico-bench-is-asking-payment-for-expert-status-817daecc14e0

With that, we can't trust their ratings anymore. How would we know that the one who rates from ICO bench is legit or not? Seriously? Greed can make a person cheat this way.
Maybe it's time to find a more trustworthy ICO rater now or maybe it's time to let ourselves rate an ICO base on our experience here in cryptoworld.

[bitgolden]

Yeah those big ICO rating websites are making serious cash, shouldn't be trusted.

It is funny though that some are paying for this when they could simply make use of lower fee rating website. However, we also have to understand that ICOBench have a lot of bigger investors that makes use of the site and trust it, so the fact that they collect huge fee simply does not mean they just post total bullshit on their platform.

One way or the other, as we keep complaining, some projects keep using them and what just baffles me is why spend that huge amount of money on promotion when you can just use it to build the project?

[justdimin]

[siz e=12pt]See the proof in the article below!

https://medium.com/@filip.poutintsev/ico-bench-is-asking-payment-for-expert-status-817daecc14e0[/size]

Like I am surprised ? It is not like ICObench was ever there for the community, and it is totally a money making venture without them bothering about the community in anyway. The earlier people started realizing this is a money making venture than trying to count on it in making good investment decision, the better.

I do not know why such a huge amount is going to be charged but it is what it is. Some are paying for it, and they are simply trying to render a service anyway.

[ico-services]

I think ICO Bench has been doing this for a long time.

[mrcastelo]

When investing in an ICO, ICO rating should only be one of the factor to consider before investing  and not solely the reason for buying a specific ICO because if you rely on just checking the rating in ICO Bench or any ico rating website without reading the roadmap and whitepaper then definitely be ready to lose some money.