Do you trust ICO Rating sites?

[GhostWithin]

I don't actually trust most of the ICO rating websites because most of them are paid for good rating and such activity will deceive investors. Despite the fact that ICOs pay most of the website for rating, I still trust ICObench website rating to an appreciable extent because they have team that review ICOs.

There are no precise methods for evaluating ICO projects. It turns out that their evaluation is subjective and most likely it is based on money. And this means that they can not be trusted

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[waterisgood]

I don't actually trust most of the ICO rating websites because most of them are paid for good rating and such activity will deceive investors. Despite the fact that ICOs pay most of the website for rating, I still trust ICObench website rating to an appreciable extent because they have team that review ICOs.

There are no precise methods for evaluating ICO projects. It turns out that their evaluation is subjective and most likely it is based on money. And this means that they can not be trusted

I don't trust them either, they are only good for the info.

[pretfeestje]

Now many sites offer information about new ICO projects. Therefore, the competition is large and each platform is trying to get ahead. For me, the indicator of good and quality service is the traffic provided by this platform. I also take into account the popularity of the platform in different countries. I watch all the news on such this ICO listing websites:Foundico, ICO Rated, and ICO Marks, I have seen that they are the least suspicious in terms of their handling of information, but as many have already mentioned the best thing to do is to do your own research and just look at these sites for references.

[eidoscore]

They seem biased to me. A friend of mine who's doing an ICO told me that they paid 10ETH for 5 quality ratings and that's that! I noticed that some ICOs with good project, team, and good social media presence are struggling with getting good reviews.

With all that said, should it still be a factor to look at when investing in ICO?

Ico rating site is not the most important for you trusting when want investing in ico program, many site can manipulated the information about ico project just pay some money to the admin ico rating site, so if you want check the promising ico project see few factor like, the team, roadmap, advisor, WP and etc.

[adejoke444]

Ico ratings is part of what you should check when you wish to invest in a project but you should not base your 100% on them as this might be incorrect sometimes.

[prrlc]

I am not trust the just one website or both of them because they look same condutions and they can get the money from ico owners because of this do not trust anyone. If you find a project and if you do not trust just ask in the forum.

[sieemma]

ICO ratings depend on several factors. Some do not use any legit ways to rate at all but for me, some sites are better than the others because they request member verification before giving their ratings. Others too ignore this part.

[Tosin12]

ICO rating websites could be a yardstick to determine good ICOs but not completely reliable because a hundred percent professionalism has elude them when they compromise the standard of scoring ICOs after accepting money from the team so it's advisable to do one's analysis and research without relying on ICO rating sites

[mastersay]

Many users considered relying their verification of the ico to the ICO rating sites. Since they give a legit result on the testing and legitimacy of the ico project. They also do a proper verification to the team, ensuring the safety and to avoid possible scams ico.

[goku21]

I know not all those who have ico high ratings are legit because others are even high ratings so few investors are so never reach the softcap so it really depends on the projec if their project's purpose is so sometimes many ico successes are due to the beautiful project.

[Btcallans]

No I don't think ICO site are reliable. This rate can be manipulated easily. I would be easier to say that the visibility of project cannot be look through looking out only the ratings.

[Legwist]

ICO rating could be one factor to make investments, but that alone is not enough. Because it is would be great if we do our own investigation. Currently many ICOs is scam, so the many factors that we use to examine an ICO it more good.

[0t3p0t]

No, I do not trust rating sites and I do not advise you to do the same, because all such services can be purchased, it's understandable. If the decision were made by the AI, then this is another matter.

I agree with your idea mate, these services are not decentralized and it can be paid by ICO's to feature their nonsense projects on that rating sites. Rating sites makes money so I think we need to do our own due diligence in choosing the right one and don't ever ever depend on these sites that will just tell us sweet lies about projects they supported. A lot of newcomers and investors get scammed just because they keep on believing those rating sites but that is their choice we can do nothing about that unless we do it ourselves.

[CafeCoinICO]

Hey renchan,

In my experience, ICO rating sites can be useful for identifying weaknesses in a project but I do not trust them for identifying strengths in a project. Because ICO's can have powerful support behind the scenes and ICO rating websites are generally based on user reviews instead of professional analysis, I think they are incredibly easy to manipulate. Furthermore, some of these rating websites offer to boost your rating for a fee which is a blatant violation of the website's purpose.

Best,
CafeCoin
https://cafe-coin.com/

[Ade A Aziz]

ICO rating could be one factor to make investments, but that alone is not enough. Because it is would be great if we do our own investigation. Currently many ICOs is scam, so the many factors that we use to examine an ICO it more good.

Yes, in other words the ico rating site is just one of the references to determine a good project for investment. Comparing ratings from several ico rating sites is something that can be done, but the most important thing is checking white paper, project benefits, and experience from the development team.

[burdagol12345]

They seem biased to me. A friend of mine who's doing an ICO told me that they paid 10ETH for 5 quality ratings and that's that! I noticed that some ICOs with good project, team, and good social media presence are struggling with getting good reviews.

With all that said, should it still be a factor to look at when investing in ICO?

Not at all,because maybe they are manipulating the ICO rating in order to convience more participants in there project,otherwise there are some circumstances that those  ICO trust rating of some project is true,and everything they presented its legit,but not at all,because its easily to twist and create a false about the rating .

[Maxre]

ICO rating site for me as a consideration for investing in ICO, that's just the way the project owner markets his product.
so don't believe easily what they say.

[Raggie]

They seem biased to me. A friend of mine who's doing an ICO told me that they paid 10ETH for 5 quality ratings and that's that! I noticed that some ICOs with good project, team, and good social media presence are struggling with getting good reviews.

With all that said, should it still be a factor to look at when investing in ICO?

I personally never trust a paid rating site. An individual review / spreadsheet will be better to rely i think.
But again, it is just the other's review. If you want to buying tokens or coins, you should do your own review for the project.

[ghfgdasfaw]

I am very confident in the ICO rating website. It ratings the actual fact. Everyone uses it to learn and invest in the right thing.

[celakkenyang]

I only use the ico rating site just to find a potential and good ico project for me. I'm not too sure about the ico site. I only use it to find out the quality of the team that developed the project.