Prove that you shouldn't rely on icobench and others

[Sacramentus]

Yes you are right, this is one of the big disadvantages of icobench which has to also do with some other ico rating websites. The so called rating professionals are manipulative this means no one can be really trusted, even the so called professionals

[magneto]

Yes you are right, this is one of the big disadvantages of icobench which has to also do with some other ico rating websites. The so called rating professionals are manipulative this means no one can be really trusted, even the so called professionals

Professionalism and reliability are simply not synonymous of one another.

You can have the most professional looking site with the best staff or whatnot, but if your business model was based off giving biased reviews and taking a fee for doing so from the get go, then there is really no positives from being professional alone.

ICObench is one of the better ones, there are other more notorious ones out there.

[X-ray]

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

Compared to the year 2017, ICO and IEOs are actually not over. Only the fraud ICOs are over.
There are many reasons for this, but I think the AML and IEO process provides this opportunity.

True though. Most of the ICO that are fraud ended up exposed within short amount of time nowadays since people have learned from the past quite different to back in the days when even a 12yo could make an ICO and get away with it.
Currently the complicated process of partnering with popular exchange for IEO is indirectly contributes to the elimination of fraud ICO and decreasing their motivation because most of people nowaday prefer IEO anyway. But, there are also some legit ICO aswell, can't generalize something like that.

[Pamadar]

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

Compared to the year 2017, ICO and IEOs are actually not over. Only the fraud ICOs are over.
There are many reasons for this, but I think the AML and IEO process provides this opportunity.

There's still projects around the market that have potentials and still moving ahead, it's difficult to find it that quick since there' a lots of
scam projects that you need to consider before picking the right project to invest your money. Same with how the OP stated, it's always
best to rely with your own research and not to base your decision with others opinions especially those paid site who gives ratings they
are bias since they are receiving money from developers who wanted to be on top.

[JeffBrad12]

UPDATE: i just learnt that projects on ICOBENCH with good ratings from advisors are easily tampered by ICOBENCH team, for example, if a project get good rating from ico advisors but failed to pay the icobench team they will remove all the good ratings of the ico advisors and leave the bad rating only, i think we should stay away from icobench, they are disgusting

Well if that's true then that's really shady of them. what they care is about the money going into their pocket not their visitors's money to be safe. such website should be taken down because their listing could simply mislead people and such website have literally no use anyway since it's manipiulated basically a rigged website. Maybe if there's a proof to this you can make a topic just to expose their shitty website so that people could know that this website is just a measly money grabber.

For rating websites, money is the most important. If they prioritize their rating reputation, I think they will stay alive from advertising because the cryptocurrency community continues to grow. But they prefer shortcuts so that many people doubt their review so that many new projects that are actually good cannot reach the sales target

They are literally selling their reputation for a measly amount of money and in this case they are planning to have profit for short time if that's really the case.
The reason of such ico directories website existence is to provide reliable information that didnt mislead people so that people could analyze it by themselves.
If such practice is allowed and no one bats an eye it's as good as having nothing because with nothing atleast you wont be misled.

[horrifiedx1]

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

Compared to the year 2017, ICO and IEOs are actually not over. Only the fraud ICOs are over.
There are many reasons for this, but I think the AML and IEO process provides this opportunity.

True though. Most of the ICO that are fraud ended up exposed within short amount of time nowadays since people have learned from the past quite different to back in the days when even a 12yo could make an ICO and get away with it.
Currently the complicated process of partnering with popular exchange for IEO is indirectly contributes to the elimination of fraud ICO and decreasing their motivation because most of people nowaday prefer IEO anyway. But, there are also some legit ICO aswell, can't generalize something like that.

when the ico fraud is very much going on, of course good investors will correct their mistakes, and therefore they will be more careful in analyzing the project. With the advent of IEO, at least it creates a new world for investors where it is safer to invest in IEO projects, especially for large exchanges

[OptimusPrime_3]

I don't really look as icobench or any other related ico rating sites for anything because they have posed to be more or less useless and high rate of manipulation. I do my research on a project myself without referring yo any of those sites

[Landak]

I am no longer believe websites that give ratings like icobench, I already know that rating on icobench should pay but if there are projects that are really good why should the rating be made bad. If only they could do fair, which good projects need to be highlighted (free promotions) and paid promotions for projects that need a reputation. maybe icobench's reputation won't be as bad as it is today. And unfortunately, their business is not far from money, money means rating.
from now on leave all websites that give fake ratings. better, do your own research.

[khiholangkang]

True, indeed the ICO rating website cannot be trusted, a lot of websites are paid for giving high rates even though the project is ugly
My advice if you want to invest in a project, do not look at how much value is given by the rating website, it's better to find out for yourself, it will be more satisfying

[Lexurdania]

I don't really look as icobench or any other related ico rating sites for anything because they have posed to be more or less useless and high rate of manipulation. I do my research on a project myself without referring yo any of those sites

I agree if we do not rely on analysis on website ratings. Maybe we can make it as a second opinion but the most important thing is the research that we do ourselves. The team developer is the key is the key to the success of a project and in my opinion doing research on the team is important to do

[Cherylstar86]

True, indeed the ICO rating website cannot be trusted, a lot of websites are paid for giving high rates even though the project is ugly
My advice if you want to invest in a project, do not look at how much value is given by the rating website, it's better to find out for yourself, it will be more satisfying

The ICO bench way back 2017 is very popular in terms of their review and the details of those new projects as well as their white paper, road maps and lastly the possible value of their tokens. In fact, I definitely trusted the ICO bench apps looking for more updates on those highly potential projects and I'm so lucky on that time since the project that I choose was successful.

Nowadays, as those scammers become rampant in the world of crypto currency the ICO bench that I appreciated before become untrusted and become so negative feedback from everyone else here, in which those user doesn't trusted anymore the ICO Bench.

[nicecrypto]

Gladly, this ico bench don't make headlines for me anymore in terms of investment research choices since I found out that they failed a good team because the team refused to part with some money which they consider too high for rating. I am a sure it's same for all rating sites including ICOdrops, your money buys the ratings

Waw! this is quite some handy information, i never new the situation is this bad, i mean i know that most of the ratings in this sites are mostly influence but never new they could go this length to deny a project the opportunity of a good and honest rating, i think it is best people understand this and make their own decision when they want to invest, ico ratings site information should be properly checked before investment.

[nutriagrigia]

Gladly, this ico bench don't make headlines for me anymore in terms of investment research choices since I found out that they failed a good team because the team refused to part with some money which they consider too high for rating. I am a sure it's same for all rating sites including ICOdrops, your money buys the ratings

Waw! this is quite some handy information, i never new the situation is this bad, i mean i know that most of the ratings in this sites are mostly influence but never new they could go this length to deny a project the opportunity of a good and honest rating, i think it is best people understand this and make their own decision when they want to invest, ico ratings site information should be properly checked before investment.

many people do not check anything because they trust such sites. sites are large and they have a lot of traffic and people think that there can be no scam because the site has a reputation.

[JeffBrad12]

UPDATE: i just learnt that projects on ICOBENCH with good ratings from advisors are easily tampered by ICOBENCH team, for example, if a project get good rating from ico advisors but failed to pay the icobench team they will remove all the good ratings of the ico advisors and leave the bad rating only, i think we should stay away from icobench, they are disgusting

Well if that's true then that's really shady of them. what they care is about the money going into their pocket not their visitors's money to be safe. such website should be taken down because their listing could simply mislead people and such website have literally no use anyway since it's manipiulated basically a rigged website. Maybe if there's a proof to this you can make a topic just to expose their shitty website so that people could know that this website is just a measly money grabber.

For rating websites, money is the most important. If they prioritize their rating reputation, I think they will stay alive from advertising because the cryptocurrency community continues to grow. But they prefer shortcuts so that many people doubt their review so that many new projects that are actually good cannot reach the sales target

That shortcut will surely ruin their reputation if that allegation turns out be true but we don't have any proof yet though. Such a thing is why I always avoid ICO directories website because they are just rigged website and made for sole purpose to generate money and nothing more than that. they even dont have the initiative to atleast interview some of the ICO listed in their website.
Those website are literally made effortless and just copying each other even there are so many similar website that shove list of ICO into our vision with literally the same database.

[Silberman]

You can't get a good investment advice for free from a public platform, it has always been the truth - technical analysis, price predictions, altcoins picks and all other advises that you can get from free sites, they all either worthless or straight up malicious. This is why it's a bad idea to tell people to simply "do their own research" when they are newbies - chances are they will think that reading these ICO rating sites counts as research, not knowing how scummy they are.

Even if you are right at the same time I would expect better of the people investing in cryptocurrencies, even the most superficial knowledge about this market will tell a newbie that this market is about decentralization and not relying on a central authority to tell you what it is right or wrong, and yet when it comes to decide in which coin to invest they rely on a website that is centralized and that has all the wrong incentives to accept bribes in exchange for better ratings.

[Mumbeeptind1963]

True, indeed the ICO rating website cannot be trusted, a lot of websites are paid for giving high rates even though the project is ugly
My advice if you want to invest in a project, do not look at how much value is given by the rating website, it's better to find out for yourself, it will be more satisfying

Indeed!  Icobench and other rating site is paid website I mean in order for you to get a high rating or good feedback you need to pay them, about 3eth I think and then you need to find and pay some advisors too so that you can add their names in that icobench site, I knew this one because I have a friend that tries to open a project and he wants to have icobench rating. All of them needed a payment for them to give you stars.

[valuater]

very true because if we too trust the ico rating site the results will not be too good, and now I believe more in what I see in choosing projects not to depend on ico rating site because many of ratings they give are based on money because I am sure many projects are not good and pay them to give a good rating maybe above four even five stars

[plast555]

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

Compared to the year 2017, ICO and IEOs are actually not over. Only the fraud ICOs are over.
There are many reasons for this, but I think the AML and IEO process provides this opportunity.

True though. Most of the ICO that are fraud ended up exposed within short amount of time nowadays since people have learned from the past quite different to back in the days when even a 12yo could make an ICO and get away with it.
Currently the complicated process of partnering with popular exchange for IEO is indirectly contributes to the elimination of fraud ICO and decreasing their motivation because most of people nowaday prefer IEO anyway. But, there are also some legit ICO aswell, can't generalize something like that.

Yes, that's true, but people now approach ICOs with prejudice, including me.

Just because a project offers an IEO doesn't mean the price of that project will be doubled, but it does mean you will not lose "all" of the money. In this respect, I find IEOs much more successful and reliable.

And I don't think I will invest in any ICO after that.

[Congyang]

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.

sometimes relying on a ranking website does not determine the success of a project. we can see if there are so many projects that fail or scam. research itself gives us confidence and also how it affects our profits. so in my opinion the analysis and research itself will be better than anything

[lighpulsar07]

Well these ICO review ratings site are always paid to promote fake reviews and ratings just to say their the coin rated and reviewed by the site legit and to attract investors to steal their money and run away. if i were you, just rely here on bitcointalk there are alot of scam ICo/IEO scams are being exposed here everyday and always be careful on investing on something .