Do you trust ICO Rating sites?

[andrej.safronov.1990]

No, I don't trust anyone who tells me what to buy, so many times I was wrong when I listened to other people and community. The ratings can all be bought for money, never trust them.

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[infested999]

Until now ICO rating sites proved to me that the information is correct so I don't see why I shouldn't trust them.

[barnes13]

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?

Well, this is what actually happens, money is power. I've found news that one of the biggest ICO listing site has been caught with multiple abuses (I'm sorry, I can't mention it here. Please search it for yourself on Google). I will just tell you for the fact what does the ICO listing do. So, the fact is they sell too expensive promotional packages for buying the rating on their ICO listing site. They will give rating according to which promotional package you bought. But FYI that is not guarantee the success of your ICO. Your rating will be low if you only paid low fee for listing it. I mean they will still give you standar rating, no matter how good your ICO is, they don't care about that. They think only how much you can pay them.
Because of that, I don't really trust the ICO listing website. I'd better do an analysis by myself. Doing more research does not matter even though a lot of time is spent. Because if we are too dependent on ICO listings, we might regret doing investments in the wrong place and not as expected.

[Monosvalet]

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 used to trust them,Yes.Not anymore.I think now is not no secret that all these ratings disburse.

[rippar]

Yes, I believe in such ratings, because at one of the famous rating websites - ICOBench, ratings provided by an experienced worldwide  experts. Also there is one new innovative project - Presale.Market , where authorized experts also provide their ratings to new ICO projects.

[boboto]

sometimes their rating corresponds to reality therefore due credit they deserve

[hirokazu]

yes, it looks like ranking is one way to see whether the ICO is good or not. because most investors see from rank. and ratings given by investors. I personally also see ICO from rank, and then the response from the team. because when the team responds well. then investors will be happy to come to their projects, and real projects are investors' expectations.

However, the rating could be made up and only based on the ICO reviewing site. I mean, it's not so serious. Many projects have high ratings, but are lacking in development information and there are also some who have a high rating, but still do not raise enough funds to continue.

[straightliteral]

no, i don't trust them at all

[soramon]

Sometimes ICO rating is needed for help to choose which ICO is good. Now it depends on ourself to make a wise decision. For me the important thing in ICO is WP because WP contain many information is useful for us. Such as road map, goals, team. We need those information.

[ladner]

I do not believe these websites and their ratings. They changed them many times. Changed very much. I think they just guess. I do not exclude corruption. I can make the ISO rating myself. What are they better?

They are not based on conjecture to comment a coin my friend. The criteria for evaluating a coin are: Team, Milestones, Finalcial, Whitepaper, Community, Partner. These criteria are enough to judge whether an ICO is good unless they are faking their information.

[Stormspirit]

Sometimes I trust, but can't be fully trusted. ICO rating is only as reference and comparison material for me. What's more important for me is the project team and WP. The market is unpredictable and that is a reason strong enough not to depend entirely on the ratings or speculations of others.

[sodiik]

I really appreciate the team and the members who work on the ICO Rating website. Thanks to them we are easier to access information about the position and feasibility of the ICO we follow. The ICO Rating also helps us in making decisions for the next step. However, I still prioritize my personal opinion based on research from various sources, so I don't just refer to the ICO Rating website.

[brotherwood12]

cant trust at all , especially the site who get rating with vote , some ico get 5 star because 2 people are voting it , reading whitepapper better to determine ico

[CryptoTrip]

For me, most of these sites give information about the team, the project and contact details. Using this information you can analyze yourself and don't need any expert opinions.

[TastyChillySauce00]

For me, most of these sites give information about the team, the project and contact details. Using this information you can analyze yourself and don't need any expert opinions.

Cant really call them expert if they only reviewing the ICO subjectively and only based on money they got.
i'd prefer ICO details site than those crappy ICO rating ofcourse.

[Baimovic]

cant trust at all , especially the site who get rating with vote , some ico get 5 star because 2 people are voting it , reading whitepapper better to determine ico

yes, high ranking doesn't guarantee that ICO is good because it's just a number. but that can be our reference in choosing ICO because with a high rating, it proves that ICO is liked by many people. but I personally think that most can guarantee that the ICO is both a team and a product because that is what attracts many investors to join.

[Bay_Harbour_Butcher]

I have never believed in an ico rating site like that, because many of my friends said that the ico rating site was a paid site, so they paid for their ico to look good with a high rating.

[RieL]

Yes i do trust them because this is where my additional information may came from and also i can trust them due to the previous ICO that i join and there are good most of it exactly but still i do trust ICO rating

[CaMeRoNy]

I do not have confidence in the sites on which the ICO rating is placed, because basically these sites were launched in order to earn money on these ratings.

[leow]

I also like most guys, I think it's safe to rely on the rating of the project is not enough. It is necessary to study the project in more detail, to look and analyze the team, product, idea. And only after that to make a clear decision for yourself, to participate in this ICO or not. This is my personal opinion and I adhere to these basic rules. You are free to do as you see fit.