Do you trust ICO Rating sites?

[LadyNymeria]

No, not anymore. I used to think that it was reliable but I came to know that they can be paid to give positive ratings. Which totally defeats the purpose. What we can do is check the community's opinion about the project, read their whitepaper, look up on the team.

[1714609684]

1714609684

[baiwei]

Yes, I am totally not believe in ratings of some website that reviewing an initial coin offering but rather I research also the basics if the project is legit and I will compare it to their ratings. Sometimes their ratings is not good but that's okay if you have the knowledge in reviewing an ICO.

[cpoer2011]

Not entirely but it's one of the indicator for you to use it when you research an ico. See many ico rating sites for comparation if the ico use more then one ico rating sites. Do your own research is very important.

[KaramazovBro]

Sites that exhibit ICO ratings do not always do it objectively not impartially. If you want to invest in such projects, then it's too risky to choose ICO only because of the high rating.

[Godsinocool]

With the recent happenings, I wish to really express my disapproval in ICO rating sites. Reason being that, these sites have succeeded in rating so many ICOs that couldn't perform to expectation at the end of the day. Therefore, if I really want to make an investment into any project, I don't just stop at ICO rating sites anymore, I further my research on so many factors.

[ameliana]

With the recent happenings, I wish to really express my disapproval in ICO rating sites. Reason being that, these sites have succeeded in rating so many ICOs that couldn't perform to expectation at the end of the day. Therefore, if I really want to make an investment into any project, I don't just stop at ICO rating sites anymore, I further my research on so many factors.

I do not believe because they seem like prioritizing more traffic on their website, there is no ico rating platform that is truly critical of certain projects so many fail to provide ICO assessments that lead to sales failures.

more ranking platforms have sprung up because of the complexity of the data that is easily made by many people, there must be at least one more complex to be used as a reference for many potential investors, if indeed the project is considered not good, then do not dramatize it otherwise. neutrality must be prioritized.

[qidai9]

The ico rating website is still helpful for ico, and only when I choose ico, I will pay attention to the rating.

[fransxavariustintin]

I don't really trust ICO rating sites, I only use ICO rating sites to make it easier for me to check every ICO that has good potential, I think the ICO rating site is very helpful for investors and bounty hunters in looking for good ICOs, I don't see any site problems ICO rating.

[lionheart89]

I have seen many ico with good ratings but failed. ico rating is not a benchmark that ico is good or not. many have to be considered by looking at and researching the project team, escrow, whitepaper and other matters related to the project.

[ligerti]

Sometimes ratings can be interesting and useful for investors. But you need to remember - they give only the initial presentation, basic information. Then you need to carefully study the selected projects.

[Mikebutler92]

Yes i do trust ICO ratings that will relatively help me identify on what ICO projects that is worth it for investing. As we all know that those ratings are from the ico clients or the investors itself that speak up from their experience on the project.

[odessit1377]

Unfortunately, to date, I do not believe in the reitges, I have been watching several times for companies with a high rating and they were bad, and at the same time, the company with a small reateng has entered the stock exchange and made X

[waitforme]

ICO Rating is a stupid website. I strongly recommend that you do not believe in their information and reviews for that ICO. Just spend a large amount of money, you will get good reviews, this is so stupid. They should realize that they are supporting the scammers appropriating the property of others.

[alttravel]

There are Internet platforms run by "Internet entrepreneurs" and Internet marketers who just want to cash in on the ICO boom. Do not strongly trust the ratings, but it is worthwhile to conduct your analysis.

[Phaphoo]

I don't trust ICO rating in any way, good ICO rating project can be achieved if you spend pretty amount of money, meanwhile many projects are over rated and they die along the way. However, there are still good rating website which we can believed in.

[goku19]

Ya i do trust some of the ico rating sites like icobench and icorating...i dont trust them blindly but i keeps me a certain idea atleast to look for a project and then may be i start to read the white paper of a good rated ico from them and then i decide by myself

[jayco25]

I nver trust ICO rating Sites its because most of reviewer are asking for money for a good review. Check some of the project they got failed rating even they are good project. Most of them dont want to pay a reviewer why they got low ratings. Better make your own review if you ranther than trustong ICO sites review.

#Support Vanig

[AlexanderCoconut]

There's many projects I believe in, for my comment I just increased holdings in Monero, Syscoin and Factom so far. But I'm researching others.

However it's best to do your own research on what you think is going to be a good project long-term.

If you have no idea I just recommend putting a small amount in Bitcoin and Ethereum and researching as you go. Just don't put more money than you can afford to lose, cryptos are really risky.

[Zineum]

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?

Yes they are biased. As of now everything and everyone related to this field is all about making money so they dont care a bout the project or the technology behind it. Some of them are good but numbers are very less in that case! If you really wish to invest in a good project then  you should consider reading their whitepaper do a research on their developing team!

[FilesFM_Announcements]

ICO rating sites are a big no no, of course from a marketing perspective it makes logical sense to engage with one. But as an investor if your going to put the wisdom and decision making of what ICO to invest in, in the hands of a totally paid influenced 'authority' without doing your own due diligence you deserve to lose the clothes off your back.