Prove that you shouldn't rely on icobench and others

[barnes13]

Yes, I think this is indeed not too fair, they make a fairly low standard rating for projects that don't pay them, while projects that touch 5 stars there are not necessarily good projects, due to the fact that the project only uses more money to pay for the ICO Listing Site in order to have a good impression on people. I hope that in the future they will be able to set a good standard for each project and not look like a bribe.

[ccsang]

Newbie must careful about that, I think not only icobench, most of the ico ratings website is also paid per reviews and high rating to project. I'm only use the ico ratings website to find out the latest ico/ieo project, but won't believe other information, don't trust the  ICO KYC Report, even it's green and pass. Anyway, research project and team member is most important part before start our investing.

[julerz12]

Is there any website aside from icobench?

There are plenty of ICO/IEO listing sites out there. Some have their own fees for listing while some also states that they are an independent ICO/IEO database.
You can see the lists of ICO/IEO listing sites on this article posted on hackernoon: here

investing to any of those promoted projects coming from them cannot be a reliable source of any legitimate one due to some factors like it was paid by most of project developers who've registered to it.

It not just paying to get listed, there is also a rumor of those known ICO/IEO advisors and even reviewers getting paid to boost a project/startups rating and make positive reviews.
Bottomline, no one should trust the ratings on these sites. Maybe only use it only as a guide for the upcoming ICO/IEO dates and nothing else.

[Ferris419]

You are absolutely right! This is what I have been saying over the years. Icobench is another scam platform for crypto investors. Once crypto investors regularly followed Icobench to get a good project for investment, but Icobench started cheating when they get popularity! Not only Gowithme, you may search SERO and Tokoin, both have such negative ratings on the Icobench platform but in reality, both are best projects of this year! But they gave 4.8-4.9 rating to Erestica, Satt and so on the average project! This project should be neglected by everyone. If you need new ICO project information? Use Icodrop, which is far better than shit Icobench!

[shoreno]

Use ico rating websites to stay updated about upcoming projects only, do not use them to pick projects to invest on they are all bunch of liars, all they want is money from developers and in return they give good rating

lurking on them to stay updated ? for what ? it makes no sense to do that if you will not going to invest  but every ivestors that i know are all using ico bench and other ico rating sites to have an idea if what ico is hot or not but we cant blame the rating site because if one proejct fails because their only job is to post the current status of the project that day , but i think its not possible for them to dictate if the project will continue its good performance or not .

[o.ogurlu]

Everyone should do their own research before participating in a project. ICO rating websites should not provide you with absolute credibility about the project. Because many projects which have high ratings can turn into scams as before. Therefore, everyone should decide whether or not to participate in a project's pre-sale, based on their own research, not on the ICO rating websites.

[kanayaTabitha]

This is a warning to all newbies that seek help from ico rating websites when they are looking for projects to invest money on..

Facts
- You have good money to pay? you will get good rating on the platform, this is the way of ico rating websites
- Good projects can get bad rating on them, and that doesn't mean they are bad project..

For example, you must have been hearing about how successful gowithmi project was right? check out the rating on icobench using the link below.

https://icobench.com/ico/gowithmi

The score is 3.3 where as projects that have better rating turned scam as well, all i am saying is its better to rely more on your own research and not rating.

I'm not understand which successful that you mean, the gowithmi token price is 0.003 right now when the ICO price was 0.006. So if you're an investor and you invested 100k USD to the project. Right now you will just have 50k which mean you lost 50k. I'm not defending the icobench website cause i never that websites to research an ICO before i invested in. But i also not aggress with you because you said that project was a success and 3.3 is not worth the rate

[ahmia39]

Use ico rating websites to stay updated about upcoming projects only, do not use them to pick projects to invest on they are all bunch of liars, all they want is money from developers and in return they give good rating

Right, because I personally use the ico rating website only to see the latest projects posted there, not for investment references, because after I find projects on the site, I always make further analysis to find out that the project is worthy of being followed or not.

[ajiz138]

I often use icobench.com as research to check full information about ico. high scores make people interested in joining. But it is not impossible that the project is in fake icobench and cheats many people. But as far as I know icobench has high credibility compared to other reviews. if a project that is in icobench deceives many people, it can be reported so that it is immediately deleted and acted upon. so that not many people are fooled again.

[allthebitandbobs]

ICO/IEOS our pretty much dead anyway .Their was money in 2017 .Now it just a front for money laundering no legit investors our retail investors left in the market .All the numbers are fake of what projects raise now

[oscarftw]

This is a warning to all newbies that seek help from ico rating websites when they are looking for projects to invest money on..

Facts
- You have good money to pay? you will get good rating on the platform, this is the way of ico rating websites
- Good projects can get bad rating on them, and that doesn't mean they are bad project..

For example, you must have been hearing about how successful gowithmi project was right? check out the rating on icobench using the link below.

https://icobench.com/ico/gowithmi

The score is 3.3 where as projects that have better rating turned scam as well, all i am saying is its better to rely more on your own research and not rating.

I have nothing to show that I don't rely on Icobench. I don't follow any rating after saw counting house project and here Growithni is very good example. This is my prove, I didn't follow any icobench rating. My research always choose campaign without focus rating.

[meliodas]

You should only rely on yourself and not on other resources like these. Conducting a research and evaluating a project is a do it yourself kind of thing. You should do a background research about the members of the team of the project to see if they are eligible to be in that project and also verify if they are really in a certain project because some ICO/IEO are grabbing someone's identity to fool the investors.

[yazher]

Don't rely on this kind of website and those ratings ard just fake and they are paid advertiser and trusting them is like you want to spend your money to loose. It would be much better to buy those popular cryptocurrency and trade them.

Trading those popular altcoins and trading is much worth it than investing in an ICOs and waiting for them tk be listed on exchange and less value when you sell them is like a scam to me. That's why i don't invest any more on an ICOs and only joining campaigns that has free tokens.

It was last year when these ICO rating websites had been busted along with the other bounty managers. because of their greed, they accept the payment of scam ICOs and make a nice rating and review about it. with the managers who are gone astray, there were a lot of investors who lost their money due to this scam method. that's why ICO rating sites are no longer reliable or trusted nowadays.

[NathanJB]

Ratings coming from ICO rating sites are now garbage. But I have to admit that I used to be one of those who rely from their services. It started as reliable. ICO rating sites were even mentioned in the ANN threads of crypto projects. They are even mentioned in their websites, social media sites, and other promotion platforms because they are proud of it. But then it somehow changed ways later and apparently started to accept bribes. It was obvious in many cases involving scam projects that have high rating while the legit ones got very low scores.

[shinratensei_]

Use ico rating websites to stay updated about upcoming projects only, do not use them to pick projects to invest on they are all bunch of liars, all they want is money from developers and in return they give good rating

If you don't even do an analyzation or study about that, it's better for you to say based on how much your knowledge about that. That's happened when someone is picking the icos from the unreliable ico rating site like icobench. When it comes to reliable sites like icodrop and that will have different results as the output. look at the history of both, and you will know the differences.
No one is forcing you to believe in the crap ico rating site. Still, we are suggesting everyone just try to follow the reliable website that has already proven its credibility.
Those crap ico rating sites will always be aiming to get money whatever how much money they get from the developer as long as they can still operate their crappy site and they will keep manipulating the ico rating.

People just need to be a smart person to put anything based on others review about that site.

[upyem2k]

What many investors do not understand is that most of those rating platforms owners are paid for the works they do. The more you pay, the more you're rated is the game.

[Free1bitco.in]

all this time I thought that the score on the web like icobench or others is a score that illustrates how reliable a project is. but all of that turned out to be based only on money. since the beginning of 2019, I have stopped believing in such scores and started doing my own research on the project concerned. I advise people not to depend on that score, and do their own research.

[naikturun]

Yes I agree with you I see a successful project but the rating is low from other projects that do not even list in the market.
I think that's because they don't pay as much as the high-rating project.
So I started to be suspicious of Icobench, does this apply to all ICO site reviews? Or are there still true real, impartial on high payouts and very transparent?

[Google+]

IcoBench websites like that cannot guarantee ICO scams or not because websites only provide ratings and dare to make ICO lists if they pay a bitcoin to be listed on IcoBench meaning they bribe them and there is no pure, better you should be able to be careful when participating in an ICO.

[miningguru]

Don't completely believe those websites because previously I worked on the bounties listed there in ICObench, most of them are getting into the scam without any developments after raising the funds. I don't know why they are giving a good rating and suddenly the companies are disappearing without any development activity.