ICO rating sites are everywhere. I don't know if all of them are honest or using fake rating to attract traffics to their websites.
Case :
Site X gives rate 10/10 for a project Y, then project Y put information on their website, says "We got 10/10 rating from site X" and project Y visitors will check site X, believe in the rating and put money on project Y. Project Y get investors, Site X get site traffics.
Let's say if Project Y is a scam, and Site X use irresponsible rating, investors will get nothing but a loss. Loss in money can be returned, but how if investors lose their trust in crypto?
So, do you have any solution for this as number of ICO projects are increasing day by day?
I wonder is it possible to, avoid investors from scam projects by building tokenized ICO site?
Let me hear your thought guys!
well
before icos there where standards and poor, moodys, and other us american rating agencies that dominated the worlds economy,
ico review will likely cause a lot og burocratic hurdles. they could be useful, to distinguish absolute scam or not but they could also become a problem for icos to be founded in the first place like the wallstreet does for many new enterpreneuers nowadays