Can we still trust ICO Rating Sites Like ICOBench

[Tonymillions]

This Is How Easy It Is to Buy ICO Ratings .
Believe it or Not. the Whole ICO stuff looks scandalous this days. New investors can easily fall into this trap if they fail to make proper investigation before investing into new ICOs. Can you imagine that rating sites today do contact ICO owners and ask for a certain amount of fee for a high grade and rating on their site.
If you double, please read this article. It is an Eye opener. what are your sugguestions as well.
https://medium.com/alethena/this-is-how-easy-it-is-to-buy-ico-ratings-an-investigation-13d07e987394

[Lingqingyi]

I advise you not to trust icobench, most of the time the review of this website is shit.
I suggest you refer to icodrops, because icodrops are objective.

[Way2Paradise]

i have not trusted icobench for a long time. there were too many, bad rumors.

this report confirms exactly what i thought.

[FrueGreads]

It doesn't surprise me. I guess it's the same thing when we see top profile people promoting ICOs, like John McAfee or other well known individuals. Of course that I understand that a rating site should be impartial and more trustworthy, but if you think about it, when John McAfee gets paid to promote a ICO, he is actually "lying" and has no concern over his reputation, because he knows nothing real bad will happen for him. Rating sites don't really care as well, and they are not entities, so they just say whatever they want. They all know ICOs are risky, so it's hard for someone to blame them when things go wrong in the end, so it's hard to prove that their rate was not legit.

[e@symode]

I do not think that you need to rely on these sites, but in order to fully form an analysis, I would use this data, it is likely that these estimates are also bought, but so far there have been no cases when people would publish such data.

[sarfwr]

I haven't open this web site, the site of the score made me feel nausea, some of the fraud of the ICO project can still get a high score on the site, and most of the celebrity's score is just for the sake of the interest relationship.

[TheBiochemist]

Great report thanks for sharing it as well I never bothered to look at the ratings, better just research what one can to get an overview of the project of interest. There are many other sites but I would not trust any of them or at least not regard that number as strong information!

[zhaviabieber405]

No ofcourse not, they're just getting paid to give good ratings, expect they've made 10s of millions by now.

[tsaroz]

We could never trust any ico rating sites as they are totally sponsored by the ICOs themselves in a different level.
Every thing they share should be considered an advertisement whether marked or not.

[ShareAccepted]

You can only trust yourself in crypto, but these sites are not bad themselves. The scores are not worth much but at least they give a hint on legitimacy.

[kimhervias29]

Before I used to rely on ICOBench to check on what ICO to join. There were times that their review influenced my investment decision. But over time I realized that some of the ICOs that they gave raved reviews actually did badly after the ICO. I think ICO rating sites could be used to check on the info of the ICO but should not be your only basis for investment decisions. It is still important to do more research when joining cryptos.

[Ade A Aziz]

This Is How Easy It Is to Buy ICO Ratings .
Believe it or Not. the Whole ICO stuff looks scandalous this days. New investors can easily fall into this trap if they fail to make proper investigation before investing into new ICOs. Can you imagine that rating sites today do contact ICO owners and ask for a certain amount of fee for a high grade and rating on their site.
If you double, please read this article. It is an Eye opener. what are your sugguestions as well.

In my opinion, do not be too confident with ICO rating sites. These sites are the only sources of information on ICO reviews, but do not serve as a basis for decision-making to participate. A detailed examination is needed to determine good decisions for ICO investments.

[TooDumbForBitcoin]

This Is How Easy It Is to Buy ICO Ratings .
Believe it or Not. the Whole ICO stuff looks scandalous this days. New investors can easily fall into this trap if they fail to make proper investigation before investing into new ICOs. Can you imagine that rating sites today do contact ICO owners and ask for a certain amount of fee for a high grade and rating on their site.
If you double, please read this article. It is an Eye opener. what are your sugguestions as well.
https://medium.com/alethena/this-is-how-easy-it-is-to-buy-ico-ratings-an-investigation-13d07e987394

it's not like unknown facts, but  it is so easy and cheap actually =)) ICObench must do some audit or provide another rating system

[desmonddesk1]

We could never trust any ico rating sites as they are totally sponsored by the ICOs themselves in a different level.
Every thing they share should be considered an advertisement whether marked or not.

I totally agree with you that most ICO rating sites are sponsored. However, I use ICO sites to actually know about new projects and check their sites out. Otherwise, I wouldn't know if not for the ICO rating sites.

Everyone who is following ICO should take care and caution to make personal research. This is a general advice for all investors. Research before investment.

[swam1alyona]

They can not be trusted because not only many bad rumors but actions, buy their projects ratings!

[hasmukh_rawal]

Thanks for the information you provided. It is indeed an eye opener. I know that many people rely on such ICO review sites for their investments.
I personally research for ICOs and see it reviews on many such sites but I guess that reviews from multiple websites is still better than relying on just one.
People should analyse and make research by obtaining information from multiple resources in order to check whether the information provided is actually genuine or not.

[CryptoTamer]

I agree with you, we should not be easy to trust the ICO rating site

There are ICO projects with low quality but get high ratings on this platform because most ICO rating sites will give a high rating if the ICO project pays them, it's no secret that money can tame everything.
The best thing to see the real rating of an ICO project is to believe in a rating that comes from yourself

[number37]

https://medium.com/alethena/this-is-how-easy-it-is-to-buy-ico-ratings-an-investigation-13d07e987394 Read this article. It's very cheap to buy a review or 5* ratings. They are just scammers. The only rating site I trust is icodrops but always DYOR

[giogio0504]

Icobench is good, but I think it is more working on paid rates, though it is still good portal. But recently I am more looking at www.icoguide.com rates, as they seems to be real, not paid. The platform is new and it tries to be fair.

[droptableguy2]

In my opinion, I do not believe in those indicators, because there is no way to completely trust them, maybe the ICO project they have spent to get the beautiful numbers. These are the inner underground negatives that we hardly know.