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Author Topic: Never trust an ICO ranking site!  (Read 2587 times)
YAPEK (OP)
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May 07, 2020, 11:25:54 PM
Merited by tk808 (5)
 #1

I don't believe in ICO ranking sites. Most of them are paid and not real.
The more they get from the team (payment) the better the rank they will give!

What I am looking for in ICO is looking at MVP, live and working products. Something that really can make a difference. Not just empty words with fancy pictures.
Walangkopo
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May 07, 2020, 11:35:44 PM
 #2

I often say that don't trust ICO ranking sites, because most of them display invalid data! I think we have passed the days where ICO with a rating that can assess investor crypto on certain projects and this is evident from the failure of the ICO and market decline in 2018 until now!
I understand that there are so many projects issued or protected by ICO for reasons that are not recognized - making the crypto community very disappointed and distrustful!
Now this problem becomes more complicated because most or if not all, this ICO ranking site lacks credibility and will rank well for projects with monetary imbalances that make crypto invest in a very bad light.

Lastly, before you try to take part in the crytpo project, reconsider and make sure to conduct due diligence first, always be alert and suspicious as much as possible!
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May 07, 2020, 11:47:52 PM
 #3

You are just saying the truth. ICO ranking has become a business to get free tokens from the project team. The more you pay, the higher your ranking. It has now become a bazaar and I pitty those who rely on ICO ranking sites to make decision.

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May 08, 2020, 12:58:35 AM
 #4

I don't think there's really a lot of people who relies on the ranking of ICO ranking sites. Most people use this sites to get the latest news on the bounty market and having a number 1 spot makes it more exposed but I doubt that people are literally taking number 1 as the best. Of course research is still the key.
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May 08, 2020, 01:32:06 AM
 #5

All of them are known to take visible and individual incentive to provide ICO a good review. The only thing I use ICO rating site is to get a reference to every social media, announcement, bounty related to the project. They also provide team member and their social profile if available and you can use it to know more about the team.

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May 08, 2020, 01:52:56 AM
 #6

I have seen the article but forgot and all I remember is that ICO rating can be bought so that the ranking goes up or as if it has high hype. But in reality it is fake, to trap investors into wanting to invest their money there. Therefore, it's better not to just look at the rating, but look carefully at the project from the whitepaper, the team or the roadmap.

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May 08, 2020, 02:20:52 AM
 #7

All the rating websites are biased and they charge the company for providing bias review. Using information from the websites are okay, I do that but no one would buy their words at all.

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May 08, 2020, 02:25:12 AM
 #8

You are just saying the truth. ICO ranking has become a business to get free tokens from the project team. The more you pay, the higher your ranking. It has now become a bazaar and I pitty those who rely on ICO ranking sites to make decision.
That's only some but there was also a lot of credible site outta here. You should not generalize all of the sites become very bad sites that can't be trusted. I have been using icolist site as example and it's never putting the scam project into the list and that depends on the developer who managed that site.

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May 08, 2020, 03:46:56 AM
 #9

I don't believe in ICO ranking sites. Most of them are paid and not real.
The more they get from the team (payment) the better the rank they will give!

What I am looking for in ICO is looking at MVP, live and working products. Something that really can make a difference. Not just empty words with fancy pictures.
This is common sense. Most ICO sites are all shillers and giving out positive feedback only, I always remember ICOrating which is worse, cause even the good project has a negative or very low score on their rating. That will be your score if you are not pay them or applied on their service. But when you got pay, even your project is a shitcoin, expect some good feedback and rating from them. Even their so called advisors who gives the shill to these projects are also paid and if not, I assume there are all fake people and account.
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May 08, 2020, 03:58:23 AM
 #10

I must say, you have said is the universal truth. There are a few honestly ico ranking sites available but
Most of ICO ranking sites are full of fake people and fake review. They can rank shitcoins if they get paid. Thus They fruad with innocent people by telling them false statement
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May 08, 2020, 04:10:30 AM
 #11

That's why we shouldn't really trust any ico ranking site,
They are just a bunch of businesses that only think of how they can get a lot of money even if they promote those scam projects. They don't even investigate if it is real or not as long as they are getting paid.

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May 08, 2020, 04:11:34 AM
 #12

You're right. All projects have high rank on ICO ranking sites. Most of those projects fail. The only valuable thing ICO ranking site provide is links to project website, social sites and telegram group.
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May 08, 2020, 04:11:51 AM
 #13

Or, you could create your own rankings and ratings.

A lot of ICO ranking sites are already being created and you just don't know what to follow.
Some of them ranks one ICO at 3 stars while the other with 5 stars.
I don't know where they are basing all of this. Are they even making surveys about this or is it all just an imaginary star rating that is based on how much they will pay.

Thank you for bringing that out. Maybe some of our members here have no idea about it.
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May 08, 2020, 04:12:29 AM
 #14

I don't believe in ICO ranking sites. Most of them are paid and not real.
The more they get from the team (payment) the better the rank they will give!

What I am looking for in ICO is looking at MVP, live and working products. Something that really can make a difference. Not just empty words with fancy pictures.
that website is created only to earn money from developers project owner every time they listed a coins in their website. The ranking website will only be legitimate ranking if they make it voting on the user's instead of they are the one who will decide, the rating they give is base on how much the project paid them.

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May 08, 2020, 04:18:33 AM
 #15

I don't believe in ICO ranking sites. Most of them are paid and not real.
The more they get from the team (payment) the better the rank they will give!

What I am looking for in ICO is looking at MVP, live and working products. Something that really can make a difference. Not just empty words with fancy pictures.

ICO ranking sites are paid advertisements. They are not reliable at all. Any ICO who has money can have a good rating. Your own research will always be reliable, just don't rely on anything else.
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May 08, 2020, 05:16:21 AM
 #16

I don't believe in ICO ranking sites. Most of them are paid and not real.
The more they get from the team (payment) the better the rank they will give!

What I am looking for in ICO is looking at MVP, live and working products. Something that really can make a difference. Not just empty words with fancy pictures.

ICO ranking sites are paid advertisements. They are not reliable at all. Any ICO who has money can have a good rating. Your own research will always be reliable, just don't rely on anything else.

Definitely, don't trust any of them. Even the popular ones because they are the ones who are receiving large paychecks just to post good ratings. As we have seen, even if those ICO projects have high ratings, still very few of them emerged to be successful in delivering their objectives. So even if the rating is perfect 5.0, don't be deceived by it. You should do your own digging if you have the intentions to invest your money.
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May 08, 2020, 05:24:08 AM
 #17

You make a good decision. We don't know if they give real information about each project or not because many of them give fake news to the public. We must be careful when we want to search for information about the project, so we don't get the wrong information. We know that the project wants to get more investor or participants that can help them to promote the project, but if they cannot be transparent to give the information about the project, then it is hard to believe that ICO ranking site.

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May 08, 2020, 05:54:54 AM
 #18

I don't believe in ICO ranking sites. Most of them are paid and not real.
The more they get from the team (payment) the better the rank they will give!

What I am looking for in ICO is looking at MVP, live and working products. Something that really can make a difference. Not just empty words with fancy pictures.

People are staying away from rating sites since last year after investors and bounty hunters find out that they are conniving with dubious projects to give them a good rating, they are one of the reasons why investors are losing money and ICO losing money.

BACK FROM A LONG VACATION
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May 08, 2020, 06:25:45 AM
 #19

It is true, don't ever trust any ico ranking sites, aside from they are getting paid, they don't care about anyone who will be the victim of their promotion. What's important to them is their payment and nothing else.
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May 08, 2020, 06:30:19 AM
 #20

I don't believe in ICO ranking sites. Most of them are paid and not real.
The more they get from the team (payment) the better the rank they will give!

What I am looking for in ICO is looking at MVP, live and working products. Something that really can make a difference. Not just empty words with fancy pictures.
ICO is no more anyway, that's a relief because the scam rate was higher with ICO but things get lower when IEO was launched, you can rely on top exchange for excellent ROI, like binance or okex

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