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Question: DO you think ICO websites help investors to choose best ICO to participate?
Yes, this websites very helpful. - 5 (14.7%)
I do not trust this websites. - 15 (44.1%)
I do not use this websites, i have my own factors. - 8 (23.5%)
I do not suggest to participate in any ICOs. - 6 (17.6%)
Total Voters: 34

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Author Topic: DO you think ICO websites help investors to choose best ICO to participate?  (Read 1603 times)
funcryptoco (OP)
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May 18, 2019, 12:36:57 AM
Last edit: May 19, 2019, 11:03:06 AM by funcryptoco
 #1

DO you think ICO websites help investors to choose best ICO to participate.
Now there is a lot of websites rating ICOs, most of this websites rate the ICOs, but in other hand this websites charge fees from ICOs.
Which means that this evaluation may not be accurate, so do you trust these websites? and do you recommend using them?

Please vote to help others
ub27
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May 18, 2019, 01:01:04 AM
Merited by tk808 (1)
 #2

I only visit ICO rating websites to know trending ICOs and not to help me analyze if a project is legit or not. Most are paid reviews, don't get it twisted. So it's important you do your own research, not just concluding based on the ratings you see on ICO sites. Well, some boast of reputation like ICODROPS, ICOBENCH but please, never rely completely on them.
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May 18, 2019, 01:20:05 AM
 #3

DO you think ICO websites help investors to choose best ICO to participate.
Now there is a lot of websites rating ICOs, most of this websites rate the ICOs, but in other hand this websites charge fees from ICOs.
Which means that this evaluation may not be accurate, so do you trust these websites? and do you recommend using them?

With the state of the market, and how it is flooded with shit coins and every now and then a new ICO popus up it is really confusing as many of them might be a scam, and others are just a pump and dump, so what some of these ICOs will actually pay rating sites and influencers to promote their project even if it is not that worth it, just to get people to invest in it, and you can see this not just in review websites but every where on YouTube and even here on this forum.
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May 18, 2019, 01:30:49 AM
 #4

I only visit ICO rating websites to know trending ICOs and not to help me analyze if a project is legit or not. Most are paid reviews, don't get it twisted. So it's important you do your own research, not just concluding based on the ratings you see on ICO sites. Well, some boast of reputation like ICODROPS, ICOBENCH but please, never rely completely on them.
I agree with you mate because these websites are paid just to advertize and promote ICO's for exposure. This kind of business will not work anymore however these websites are not that accurate to rate such ICO's. We still need to do our own due diligence in choosing the right ICO to invest with. If you think they are reputable then go for it but yeah donot expect too much with these websites or else you will regret.



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May 18, 2019, 02:02:17 AM
 #5

DO you think ICO websites help investors to choose best ICO to participate.
Now there is a lot of websites rating ICOs, most of this websites rate the ICOs, but in other hand this websites charge fees from ICOs.
Which means that this evaluation may not be accurate, so do you trust these websites? and do you recommend using them?

I thought that you should put another choice like "I just created my own list of trusted ico website list and I don't use any other ico website that for me looks shady" that will be much better consider from some members that already said above they have their own choice and me too.

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May 18, 2019, 02:23:29 AM
 #6

For now, I may not fully trust the ICO rating. but making references might be better, and the rest might be better for analyzing the project yourself. Because we cannot fully trust the ICO rating that exists now. I recommend using it for your reference.

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May 18, 2019, 02:27:26 AM
 #7

never rely entirely on the ICO rating website, because most of them are not reliable, it is very important to conduct your own research, you can see from the ICO rating website but don't make reference to investing
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May 18, 2019, 02:31:45 AM
Merited by CryptopreneurBrainboss (2)
 #8

If you concern about cryptocurrency you can't trust anyone except yourself. As @0t3p0t already said that these websites are paid websites and getting paid by ICO owners for listing their ICO. These websites don't take effort to deep analysis about the project and giving a transparent review. You can find so project who did not exits in the present time but they are still listed on those websites. Those websites didn't even bother theirself to atleast remove or update about fake projects. Here I am giving a few points regarding this..

1 You can use those websites for information purpose not investment purpose.
2  Always do your own research before investing in any project.
3  Don't trust anyone, always do your own analysis like looking their website, reading whitepaper and see if their team is active and legit.
4  Make remember in your mind that those websites getting paid for review of ICO so they are not going to give any bad review.
5  These websites are only useful for getting information about new projects in one place.

Hope it's help you

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May 18, 2019, 02:35:06 AM
 #9

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.

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May 18, 2019, 02:53:15 AM
 #10

DO you think ICO websites help investors to choose best ICO to participate.
Now there is a lot of websites rating ICOs, most of this websites rate the ICOs, but in other hand this websites charge fees from ICOs.
Which means that this evaluation may not be accurate, so do you trust these websites? and do you recommend using them?


They are paid promoters of these ICO's, as you can see in their websites they had a premium listing so even dubious and scam projects can get a good rating, I have seen it in resto token as you can see here they gave it 4.3 rating and they still did not take down the rating, even though it is a proven scam site https://icobench.com/ico/resto

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May 18, 2019, 02:57:37 AM
 #11

Well they are useful for knowing what is currently active and which one is already done,
I think it is helpful for searching an ICO but not for securing investors from scammers.
They are just going to list down all of the ICO and it is our job to find which one is great for us.

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May 18, 2019, 02:57:44 AM
 #12

If you are depending on those ICO rating/score site only to make the decision, that is definitely not going to be enough.
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May 18, 2019, 03:02:13 AM
 #13

DO you think ICO websites help investors to choose best ICO to participate.
Now there is a lot of websites rating ICOs, most of this websites rate the ICOs, but in other hand this websites charge fees from ICOs.
Which means that this evaluation may not be accurate, so do you trust these websites? and do you recommend using them?

I don't think so, experienced investors don't need to visit the ico websites. They only believe on their research about the project. To be honest ICO rating website is a somewhat not really trusted, because i heard the ico rating site will give a good rating if the project owner give some money to the site. I don't know is it true or not though.
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May 18, 2019, 03:03:32 AM
 #14

ICO now does not guarantee profit, and most ICO projects do not have working product and there are those who fail funding, and what is most avoided is the SCAM, try to transfer your investment to the IEO, especially from binance, I think they have been selectiv and guarantee of listing on exchange.
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May 18, 2019, 03:33:50 AM
 #15

ICO website is very useful and it is the need of today many people are involved in crypto and many ICO are circulating in the market we can get information from websites about ICO and KYC. Investors can get information easily from the internet world and we must have to make portfolio and we should hold three to four coin.

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May 18, 2019, 03:40:55 AM
 #16

DO you think ICO websites help investors to choose best ICO to participate.
Now there is a lot of websites rating ICOs, most of this websites rate the ICOs, but in other hand this websites charge fees from ICOs.
Which means that this evaluation may not be accurate, so do you trust these websites? and do you recommend using them?


It would be useful to some extent.
Most of the ICO website now features interviews, profile and other info about the team and the individuals. Their history and current status. And makes it easier for the investors to decide what's worth investing for. Though paid promotions had been ruining the experience, it would be wise to compare their informations with other sites and do a bit of research yourself before believing in them.
nicster551
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May 18, 2019, 03:49:34 AM
 #17

DO you think ICO websites help investors to choose best ICO to participate.
Now there is a lot of websites rating ICOs, most of this websites rate the ICOs, but in other hand this websites charge fees from ICOs.
Which means that this evaluation may not be accurate, so do you trust these websites? and do you recommend using them?

Yes but a little bit, I only use ICO websites to know startup projects but I dont trust their ratings and comments. Most ICO websites are fake ratings because they charge fees from ICOs for them to give good ratings. As an investors I always do my due diligence and didn't trust this ICO websites.
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May 18, 2019, 03:53:33 AM
Last edit: October 16, 2019, 12:08:08 PM by lobat999
Merited by CryptopreneurBrainboss (1)
 #18

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.

I think its much more beneficial if we have our own set of criteria in determining the viability of an ICO and we should not rely solely on these ICO websites which is most of the times, biased towards an ICO since most of them requires payment to publish ICO's in their websites. Here are some of my questions which could serve as a checklist in determining whether an ICO is right for investment or not or whether its a scam or not?:

1. Does it have a sound business plan and original and not a copy paste idea?
2. Does it already have an MVP?
3. Does it have a Github repository already?
4. Do the development team are capable in delivering the product?
5. Does the team's identities verifiable or have been verified?
6. Does it have a realistic roadmap?
7. Does the team give utmost importance to their promises and perform deliverables?
8. Does the project exercise more transparency on project related matters?
9. Does the project's have excellent and justifiable tokenomics?
10. Does the project have positive peer reviews among trustworthy members of the community?
PaoAj
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May 18, 2019, 03:56:29 AM
 #19

DO you think ICO websites help investors to choose best ICO to participate.
Now there is a lot of websites rating ICOs, most of this websites rate the ICOs, but in other hand this websites charge fees from ICOs.
Which means that this evaluation may not be accurate, so do you trust these websites? and do you recommend using them?


I only trust a few listing sites but I always follow my own guidelines to determine if that project is good. I've been a victim of the ico scams last 2017 and I really don't wanna do ICO's anymore but rather I'm going for IEO's now since I can see my coins bought from there, and at the same time it provides me more security as an investor. One IEO that I participated sold out their first round of IEO in Bitforex and I'm actually contented with how IEO works right now. Instead of ICO's where I need to wait for them to release the tokens and not having that sense of relief that I will not be scammed, again.
HodlerKing101
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May 18, 2019, 03:57:54 AM
 #20

DO you think ICO websites help investors to choose best ICO to participate.
Now there is a lot of websites rating ICOs, most of this websites rate the ICOs, but in other hand this websites charge fees from ICOs.
Which means that this evaluation may not be accurate, so do you trust these websites? and do you recommend using them?


I only trust a few listing sites but I always follow my own guidelines to determine if that project is good. I've been a victim of the ico scams last 2017 and I really don't wanna do ICO's anymore but rather I'm going for IEO's now since I can see my coins bought from there, and at the same time it provides me more security as an investor. One IEO that I participated sold out their first round of IEO in Bitforex and I'm actually contented with how IEO works right now. Instead of ICO's where I need to wait for them to release the tokens and not having that sense of relief that I will not be scammed, again.

Yeah good point. As for the poll, I do follow a few like icobench but I always do my own homework before becoming an investor for a startup project.
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