DO you think ICO websites help investors to choose best ICO to participate?

[pelumi20]

You cannot possibly trust ICO rating website when analyzing a good project because their opinion ate usually biased and controlled by money. Most of these website collect money from projects to get listed on their website, so what is the probability that they won't rank a project very high because it paid more. I have seen situations where ico website ranked a project low and the project was good, in fact it did X10 when it got listed. It is better you do your own research before you decide to invest in any project.

[FanEagle]

I think this website is very helpful to decide and choose the best ICO to participate . Because it give information and description in different ICO that you want to participate so it is good to make you think or to understand to flow of what industry that you will entrering and learn some tips to avoid losss.

They are only goo to point you towards the direction of knowing which project is trending and what project to invest in, the only thing those ICO projects has been helpful to me for is that, I am able to get the gist on already concluded projects, upcoming projects and projects that are presents in, which makes it very easily for me to be in the loop

One thing I can’t completely rely on their rating to make my investment decision without first researching personally too on those projects, since they collect money to do some of those things and I learnt that majority of them even pay for reviews.

[SirLancelot]

I think ICO websites are useful because they provide the main info about almost any ICO project, but I do not use them for making the decision whether to invest in the project or not.

ICO was the fundraising mechanism that caused a boom back in 2018 but they ran out of trust due to fake involvements. I think it is still pretty good to hodl ICO if your project has what it takes to raise funds. But the trendy option for the crypto startups is rather IEO now. They feel it is a quick way to get the hard cap gained if the exchange is good.