Do you trust ICO Rating sites?

[Levious]

ICO rating can be an option for investment, but we also need to look at it from various sides in making a decision when going to invest such as the development team, bounty manager. A good ICO rating does not necessarily mark the project well because it could be a fraud

You said a lot, there are some ICO ratings. They are not very realistic. They charge the project side and then give it a high rating.If investors easily trust those ICO ratings sites, they are likely to be deceived. When you invest, ICO ratings are just a reference, it is not the deciding factor.

[Rengga Jati]

For some trusted ICO ratings, yes I quite trust them. But, it is not meant that I will only consider the decision from the ico rating. It is very important to analyze the ICO not only from ICO rating. We must learn their whitepaper, team, and concepts. Of course it will run a long investigation to choose an ICO.

[konomi]

No one will believe in the ICO rating website unless he is too optimistic. The ICO rating website is for reference only. Because they are profitable.

[Esiky]

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 think I do not trust in 100% of the ICOs.
It is only one of the forms of reference so that we can evaluate and decide whether to invest in ICOs

[alexey8080]

I only use Icodrops.
Best Ico ratings site at all.
But of course you always need to do own research of the project and make your own decision.

[fitraridwan]

personally, I believe it because with this site investors will be helped in choosing a good ico. actually not only is ico rating seen in choosing an ico, but we also have to look at the whitepaper. we know that in the whitepaper there is a lot of information about the project, of course, it will help investors to choose good projects.

[plr]

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 don't like these rating sites they give Ico a bad name by supporting fake projects, if the project is good and legit, they will not pay these rating sites many to manipulate their rating, only fake Ico will do that, and this is not good in the industry they deceive potential investors.

[Diglimigli]

Well I don't fully trust ICO ratings. It has been a while since many noticed that some of those ICO who are listed on top of the ratings can either be a scam or even fail to achieve hard cap.

[Liceire]

You can't just rely on project ratings. You need to make a good analysis of the product, ideas, team and documentation-and only then make a decision about working in this company

[CheckMate047]

Well those so called rating site are not so dependable, Make your own analysis and take a decision.

[MoreMoneyHunt]

Well, from recent investigations and news, it appears that most ICOs coming lately buy the ratings in order to enhance their reputation and attract investors to itself. Most crypto investors who are experts do not charge the authenticity of an ICO by the ratings no longer. Instead, they perform a  personal study on the ICO through the reading of the whitepaper and identifying the idea behind the project. Also, the study the work progress of the project, the credentials of the team members and some consistency in information providing through the whitepaper, website and social media platforms.

[indopool]

I prefer to find and do my own analysis, and I don't trust rating sites and I do not advise you to do the same, because all these services can be purchased, that is understandable. If the decision is made by AI, then this is another matter.

[adzino]

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?

It actually depends on what kind of site you are looking at. There are sites that actually get paid for getting good reviews. Again, there are sites that tends to write "bad review" or get paid to write a bad review if they have a conflict with some one and wants them not to succeed. But there are also sites that work independently. That is they do not take any payments from anyone. They just analyse the ICO and then gives their own opinion. They mainly depends on site traffic for revenue. Those are the sites that you should trust and keep an eye on.

[Utyg]

You can listen to these sites. But it is best to study the road map of the project. And approach the analysis on the basis of three principles. The first is the social significance of the project. The second is the technical and material structure of the project. And the situation on the market.

[VeronD]

I trust. On such sites, if you dig, you can find a lot of useful. I also like watching videos on YouTube after checking it on the ratings site. Usually you can find a lot of useful information on the video. I recently found this ICO https://servadvisor.co/, the rating is a good and promising project!

[Ahooleeman]

The rating system should be definitely changed

[D3m1r4wanti]

although it cannot be fully trusted, some ICO ratings are indeed one of the references of investors in buying an ICO token. therefore at this time I still believe in some of Raitng's ICO websites

[Jeremiesaranza]

icodrops is the only ico rating site I trust. The team is very transparent in their research and investment decisions. Other sites are taking a lot of money for ratings/promotions of every ICO and misleading the crypto community which isn't super great for new people in the field but I don't see anything immoral in it. Business as usual

[Derzkiy]

It's very easy to buy a hype. Therefore, the hype is not an indicator of a good project. I think the main thing in the project is the team. A lot of projects that had a good idea, but a weak team and eventually they went bankrupt.

[Pintadj]

Not every single airdrop is of the same risk to me and I hope to make a profit in the future.