Do you trust ICO Rating sites?

[Carreuh]

If you say believe it, I believe in the Ico rating, but I'm not sure if the price at the time of Ico matches the after-Ico graphics.

[yatogami]

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?

These websites do not reveal the detailed criteria they use for rating ICOs.
They usually evaluate things like 1) product; 2) team; 3) vision; 4) general prospects.
In this respect how do we know whether those criteria are fair and unprejudiced enough to make an objective opinion about this or that project?

[Babylon]

No because I really think that ICO rating is just for promotion they are also being paid to promote the ICO.
I think their ratings are paid and the higher the payment they get the higher the rate they would put in that project.

[restuibu]

in 2017 I strongly believed in the ICO rating because at that time many ICOs who had good ratings would achieve success but in 2018 I no longer believed that because I saw that currently many ICOs have good ratings but fail sales and some are scam

[komjhq]

in 2017 I strongly believed in the ICO rating because at that time many ICOs who had good ratings would achieve success but in 2018 I no longer believed that because I saw that currently many ICOs have good ratings but fail sales and some are scam

today, the cryptocurrency market has become a label for Easy Seekers. Here they want to earn not only those who work, but also those who want to earn excess profits fraudulently. Based on this, many sites that provide an ico rating for a company can also cheat and give what they want for it, especially for a certain fee from the ico developers themselves.

[money_forever]

No, I do not believe that the information which is contained on such sites is 100% true. It seems to me that we should treat such information with great doubt.

[Agniya]

I am not sure that they possess objective information.  it is very difficult to calculate whether the company will be 100 percent successful.

[PancherBitCoin]

I am not sure that they possess objective information.  it is very difficult to calculate whether the company will be 100 percent successful.

In any case, users of cryptocurrency need to take into account Chita's decision regarding new ico companies. Even if you personally carry out an analysis of information, this also will not give you an absolute guarantee of success.

[Best Coin8]

I think that the best way to analyze this is with my own head, and not to trust ratings, a sufficient number of ratings are just paid. Better to believe user reviews.

[premiumproductss]

ICO rating sites are a good source when you can get a lot of informations and news about the project. Also many ICO rating sites show if the team passed KYC or not - so if a team is real. And that is very good to know, or?  

[velive08]

I don't trust the ico rating site, because Io's success is not a problem with IO. it's just a way to attract investors. but I trust a solid and great team for the success of an ico.

[@baoli]

One don't have any other way to consider ICOs for sure they might not be fool proof but at least they can be able to make good predictions that one can consoder. Atleast getting a full detail of a team is a good place to start.

[manojpatelme]

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?

That is why we should do our own research before investing, we can not go blindly behind anyone in this crypto world and money is our so decision should be our after all.

[dzhan]

I use to make my own research always before investing, I visit the ICO rating sites just to take another additional idea about the project, but I don't depend only on their ratings. Most of this rating sites give paid ratings and there are a few legitimate ones, like ICObench for example.

[Emilyp]

I don't trust everything I see on the internet and ICO rating sites are one of them. I'm aware that some of them charge ICO in order to give them a fair rating so I don't see how their rating won't be biased.

[sandgluenick]

I am not sure that they possess objective information.  it is very difficult to calculate whether the company will be 100 percent successful.

it's just a number that can't be used as a guarantee that the ICO will succeed. the most important things in the ICO are products and teams because good products will bring in many investors because the progress of the project also depends on the number of investors who join because the project requires a lot of capital to develop the project.

[RomertL]

I am not sure that they possess objective information.  it is very difficult to calculate whether the company will be 100 percent successful.

In any case, users of cryptocurrency need to take into account Chita's decision regarding new ico companies. Even if you personally carry out an analysis of information, this also will not give you an absolute guarantee of success.

You are right, but sometimes it is hard to find great project on bitcointalk. So it is nice that someone gathered good project on one site.

[UnDerDoG81]

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 that one should not trust ICO Rating sites. These sites overestimate the ratings of projects that pay them. At the same time, projects that didn't pay them don't receive high ratings and good reviews. This system is not fair and doesn't provide reliable information. I don’t recommend 100% trust in ICO Rating sites.

Based on the monthly view page from the ICO review sites, I realize that the trend from these sites is getting lower and in the future will not be useful to investors anymore.

[Jigsawman082076]

If you're asking me if I trust ICO rating sites... hell no! all of this sites are being made just to be able to generate money so to make the story short is that this kind of sites are easily manipulated to the interests of certain ICOs who wants to be identified as a legit and promising ICO but to the end all they want is just to commit fraud and scam their investors.

[lusiaga]

you are free to see any rating sites and can be a reference for you to make a decision.
but the rating site cannot be the only source that makes you decide to invest or not.