ICO Bench, what are you doing?

[regerdiamondico]

Suspicious activity on our favorite site icobench.com
It still began with the article https://hackernoon.com/beware-of-ico-bench-97addacfedc7 from Philip.
Where he unflatteringly speaks about the experts on this listing, also looking at several ICOs and their ratings, I noticed testimonials from ico-experts, who say so softly contradict themselves.
What do you think, is this their new kind of earnings?
Leave a bad review and then ask for money for editing reviews?
It is very interesting to hear your opinion.

[MadGamer]

I'm not sure why is everyone surprised honestly. This is a well-known fact, ico rating sites are not really to be trusted. Most of the reviews are pretty much fake or sponsored (bias) and that's why you find people falling into scams all the time.

If there is anyone to blame though that would be us, the community because we gave them so much power. If people were using their brains instead of investing based on a meaningless score, they wouldn't charge that much money for listings etc. and they wouldn't get rich on our back.

[nreal]

In my opinion, all the reviews are not reliable, the projects can use the money to buy good reviews, too easy to do it. So take a look at the review pages as a reference.

[avikz]

It is an open secret, this is one of the ways they earn money! I remember of one ICO called RoomDao where ICO Bench tried to extort the owner. I remember reading a medium post made by the owner of Roomdao on this very subject. However, I am not able to find it now because the issue may have been solved between them and the ICO also moved to a different owner.

Also one ICO Alethena launched an investigation on this and the findings are shocking. I encourage you to read the medium post below to get the full picture,

https://medium.com/alethena/this-is-how-easy-it-is-to-buy-ico-ratings-an-investigation-13d07e987394

This rating platform is botched up pretty badly and an informed investor will never decide on the basis of ICO Bench rating.

[ccsang]

I don't trust icobench because their rating and expert review untrustworthy, I think some of them is pay per review to increase high rating score, my opinion is icodrop better than icobench, a lot of project listed on icobench with high score, but project owner run away at the end, I just use the site to check the project ICO price, other information: don't trust it

[gooryheta]

Yeah I smell this bullshit a couple month ago before hackernoon publish an article, ICO bench always change their rating sometime like konios ICO, maybe 4.5 rating ia given because of money

[dulinivanrus]

Personally, I like this platform. I do not pay attention to the estimates and try to independently evaluate the project, but through ICO Bench it is convenient to track the latest ICO and information about them.

[bartolo]

If there is anyone to blame though that would be us, the community because we gave them so much power. If people were using their brains instead of investing based on a meaningless score, they wouldn't charge that much money for listings etc. and they wouldn't get rich on our back.

In general, people should always follow their own criteria. Even if all the ICO rating sites reviews are absolutely legit and unbiased, they may simply be wrong, and you could be making a mistake based on another person's opinion and not yours.

[vKedax]

 I do not believe in ratings on such platforms, I heard that expert rating can be easily purchased. In any case, it is better to do your own analysis when choosing any project.

[pokxon]

I think most of the reviews are based solely on the feelings of the icobench team. Sometimes I do not believe them. Reviews can be paid for the purpose of attracting investors.

[agg2702]

I use icobench only to search for new ico, and I can make an ico list based on when ico will end, basic info like how much is the price of ico, whether the ico is still pre-sale or already Main sale, about the ico rating I don't believe 100% because of things it can be bought

[DominickA86]

There are some theories, that it costs a lot of ETH to be listed on such a website and to get great marks. But I do not think that it is true. I usually look at the rating websites for great projects and the ICOBench is my most favourite one.

[TooDumbForBitcoin]

Suspicious activity on our favorite site icobench.com
It still began with the article https://hackernoon.com/beware-of-ico-bench-97addacfedc7 from Philip.
Where he unflatteringly speaks about the experts on this listing, also looking at several ICOs and their ratings, I noticed testimonials from ico-experts, who say so softly contradict themselves.
What do you think, is this their new kind of earnings?
Leave a bad review and then ask for money for editing reviews?
It is very interesting to hear your opinion.

This platform was a garbage from the beginning. I don't know how you can define it like "our favorite"

[alan2here]

I'm not sure why is everyone surprised honestly. This is a well-known fact, ico rating sites are not really to be trusted. Most of the reviews are pretty much fake or sponsored (bias) and that's why you find people falling into scams all the time.

If there is anyone to blame though that would be us, the community because we gave them so much power. If people were using their brains instead of investing based on a meaningless score, they wouldn't charge that much money for listings etc. and they wouldn't get rich on our back.

All ICO rating sites at this time are for profit and few good projects are listed at these sites. I think we should not believe anything and must judge for ourselves, because if we have the knowledge, the risk will be less and less, and it can help us make a good profit if the project has a clear development.

[alani123]

Those 'approved' experts especially, are actually all paid shills. They'll often give out 10/10 reviews for a few bucks or a promise of tokens. It's just weird.

[TBboys]

I'm not sure why is everyone surprised honestly. This is a well-known fact, ico rating sites are not really to be trusted. Most of the reviews are pretty much fake or sponsored (bias) and that's why you find people falling into scams all the time.

If there is anyone to blame though that would be us, the community because we gave them so much power. If people were using their brains instead of investing based on a meaningless score, they wouldn't charge that much money for listings etc. and they wouldn't get rich on our back.

Yes, all ico rating sites are set up for profit. Once there is interest, they will never give a fair rating. Especially now ICO has begun to move towards the edge of scam, more Ico rating sites have become tools for scammers.
So for any Ico rating site, it can only be used as one of our many investment references, but it is definitely not the key one.

[tamango]

I always take a look at ICO-bench and similar websites when I'm looking for a project but I never take too seriously their rating because I know that it's ofter manipulated to earn more money asking project to pay for a better rating.

[ND_INVEST]

I'm not sure why is everyone surprised honestly. This is a well-known fact, ico rating sites are not really to be trusted. Most of the reviews are pretty much fake or sponsored (bias) and that's why you find people falling into scams all the time.

I am pretty sure that expert ratings can be bought, just like positive youtube reviews, articles, comments and other things. We as an ICO had dozens of offers like that (to be fair, though, not a single one was about buying a score on reputable ICO calendars). What can be trusted, however, is the score without expert rates. The reason is that it's calculated automatically on many websites (icobench included) and just cannot be interfered with. At the same time, this score is based on many things that can be bought (for example, hype and subscribers in social networks, viewers of website and youtube etc.) and the program cannot really determine the potential of projects adequately, giving both overestimated and underestimated marks from time to time.

[asriloni]

Suspicious activity on our favorite site icobench.com
It still began with the article https://hackernoon.com/beware-of-ico-bench-97addacfedc7 from Philip.
Where he unflatteringly speaks about the experts on this listing, also looking at several ICOs and their ratings, I noticed testimonials from ico-experts, who say so softly contradict themselves.
What do you think, is this their new kind of earnings?
Leave a bad review and then ask for money for editing reviews?
It is very interesting to hear your opinion.

This platform was a garbage from the beginning. I don't know how you can define it like "our favorite"

But not only icobench but whole of ico rating site except icodrops. That's the only reliable ico rating at this time. I don't even know why so many people are still trusting that garbage ico list site.
It looks like these guys must try to use their internet to get the reliable information about this one.

[funchiestz]

ICO should not rely too much on rating sites. They're always open to manipulation. But ICOBench is one of the better ones.