demonica
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May 08, 2020, 05:35:34 PM |
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The ranking site is not that eye-catchy or trusted anymore, Last time I heard there was a project with high ratings but It turn out to be a scam which is unfortunate for investors. Those site is being paid just like what you said also positive feedbacks and review can be paid too, manipulated by those scammers. So the Ranking site is not a thing anymore, Better review for yourself and find some facts.
Fraudsters exploitation may look invited to the eye, but most of it is just packed of lies. Thus, people should not use the ranking site as a foundation of their decision because it doesn't give an accurate information. Personally, it's better to explore on your own because it will give you an idea the differences between those projects and it will help you to find which project is worth investing. We should consider the result of their actions before giving their trust because fraudsters constantly seek for an opportunity to trick people.
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$crypto$
Legendary
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Smart is not enough, there must be skills
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May 08, 2020, 05:58:06 PM |
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During the popular ICO era many rating sites sprang up where they gave rankings to new projects to register on the ranking site so this was to attract investors at that time, but I think now the site has changed. their accuracy is less precise so many projects fail with high ranking.
To analyze the project now they no longer rely on the ranking sites most of them now do their own research so they know better and how to find the right project with what they have in knowing.
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103deltafox
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May 08, 2020, 07:02:26 PM |
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Why would investors even use ico rating sites, when we all know that people or developers pay for their coin to be advertised, I think before it wasn't like that, any one that choose to invest should carry out thorough research and not depend on any site for rating.
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thisnewcoin
Full Member
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Activity: 406
Merit: 104
Convert Crypto at BestChange
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May 08, 2020, 07:39:21 PM |
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You are saying right thinking about ICO even ICO good days was behind and never not now. Never trust ranking/rating site. Investors are very smart now so they're don't care about rating site because knows that every rating site are fake. Personally i will analysis project roadmap, partnership, IEO many think then i will consider investing process. There many rating site right now and I will never follow Absolutely! Every rating site is fake and biased! Investors were fed up by seeing this continuos scam, fraudulent behaviour. So they left ICO things by all and made ICO a past history in the crypto industry! I like your researching strategy, it's cool! I do the same. I look at the project partnership, website technical things and interface, media coverage, working roadmap, team member, social channels' real activities and so on!
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Alexmagn84
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Merit: 10
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May 08, 2020, 08:12:16 PM |
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The rating site power is to already gone so investors people now be carefull so we don't care about rating site. I know the project team can pay for up rating then they’re will give five star It's just impressed ways.
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gundala
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May 08, 2020, 08:22:59 PM |
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During the popular ICO era many rating sites sprang up where they gave rankings to new projects to register on the ranking site so this was to attract investors at that time, but I think now the site has changed. their accuracy is less precise so many projects fail with high ranking.
Sadly, the ratings and reviews of the project can be manipulated, depending on how much money is given. I have also been trapped by a scam because I too trust the ranking site, I lose, and only 10% of my capital remains. This is truly very valuable experience. We better do our own analysis, and if you can ask opinions from friends who understand more about this. Well, now we are helped by the existence of IEO, right? reliable exchanges will definitely offer projects that are really high quality, they won't risk their good name by promoting weak projects.
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Bonwin
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Activity: 798
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May 08, 2020, 08:32:57 PM |
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Why would investors even use ico rating sites, when we all know that people or developers pay for their coin to be advertised, I think before it wasn't like that, any one that choose to invest should carry out thorough research and not depend on any site for rating.
Those ranking sites have long lost their glory. Projects developers too should have known that it does not work again and yet they will keep wasting their money on ephemerals. It is better for a project to make a good and reasonable partnership, than to go about listing on sites that are just after money. Those sites would give a project the highest rating, yet it will end up as a scam project. Some record total failure. So, I sometimes wonder what they are even rating.
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abel1337
Legendary
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FOCUS
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May 08, 2020, 08:34:50 PM |
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Are ICO's even happening in 2020? I thought we only have IEO these days, done by popular exchanges like Binance. Or then normal airdrops for holding Bitcoin or some other coins.
That means you may not watch how elixxir ico was going successfully and solana ico that listed on binance instantly. I think you must try to check it directly and there was a lot of successful ICO too and in this case i meant about ICO not IEO. ICO is more risky than IEO, in my opinion, although there are some successful ICOs but it is very difficult to choose the next successful ICO, but for IEO we can easily guess it, participating in Binance or Bithumb I am sure IEO there will give you profit No ICO has been successful in the past year, most of them became scams after being listed in exchanges. The price has dropped hundreds of times compared to the ICO price and caused a lot of frustration. Stay away from ICOs at this time There are some ICO who were successful on their crowd sale. One of them is Solana, which value is 3x from the ICO price today. It's true that not most of the ICO where successful and it's very hard to find one who can possibly not being a scam after the ICO. Investors lose trust in ICO and having IEO is a game-changer in terms of crypto investment knowing that it is safer because of the token listing in exchange after the token sale. Anyways, We can't really trust the ICO ranking site in my own opinion knowing that some of it is paid to be listed there.
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timmmers
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May 08, 2020, 09:02:07 PM |
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Many of us know about ICOBench website- probably the most earning ICO rating website, they get paid for doing reviews for ICOs, but the rules are simple, more you pay, better rating you get.
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HunterUnchained
Jr. Member
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May 08, 2020, 09:27:13 PM |
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Lots of these sites are paid to promote and award top ratings to projects without actually doing enough research and giving their unbiased opinions. These rating sites write just about anything good for any kind of project, thereby, misinforming potential investors or often times, misleading them to invest in shabby projects. Unfortunately, a lot of people have been victimized as a result of this. I always advice anyone looking to invest in any crypto project to make an informed decision based on intensive research before actually investing if they are convinced with what they see.
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drumamat
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May 08, 2020, 09:50:07 PM |
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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 actually a typical question for a beginner. Personally, I already forgot when I paid attention to the ICO rating from analytical sites.They are engaged in nonsense simply siphoning money from investors and ICO.
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kindbtc
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SAPG Pre-Sale Live on Uniswap!
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May 08, 2020, 09:54:21 PM |
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yes the ico ranking websites do not work for me as well but if I am looking for some extra details they can be of little help but definitely it is not wise to base your investment decision on the ranking done by these websites, even if you like a project and the ranking is high as well even then you have to do proper due diligence about that project before investing because icos are a high risk investment and we know most of them will fail so invest carefully.
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EdenDice
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May 08, 2020, 09:58:22 PM |
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You are right. Ico rating websites should not be trusted anymore! They gave good ratings by taking a high payment. Icobench had this allegation! ICO lost all the faith of investors, and all the ico related websites, articles, guidance everything is gone for good! IEO rules now and I think IEO idea will last a long time!
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Ridwan Fauzi
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May 08, 2020, 10:06:10 PM |
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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.
Is ICO still working? I guess this way has been leaved by most developer project because of lack investor. The investor only trust an IEO who has a little chance to be scammed. You do need know the ins and out of the project by yourself. It is not good to invest money but we just rely on someone's else suggestion even he is an honest person.
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bitstalker
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Activity: 383
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May 08, 2020, 10:36:49 PM |
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since ico is popular in 2017 many ico site ranking makers are willing to give paid reviews and now because ico is quiet I don't think they can do this anymore and many provide standard reviews and many investors don't care about ico and now their focus is only on ieo or other sales models besides ico.
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NS-Soul
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arcs-chain.com
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May 08, 2020, 10:52:01 PM |
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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.
Is there someone still running an ICO? I see now that it was pure IEO and STO, well anyway ICO ratings is nothing because many project has high ranking and they gone or the project got failed it was not all about the ranking it was all about the project and the demand of it in the future.
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cytpoway121
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May 08, 2020, 10:56:56 PM |
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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.
These are few mistakes that newbies make, and it is a reason why it is implored that newbies learn the basics first. Ico ranking site were not there to be trusted; they are there to be a guide as to the information you sought; each ico ranking site has criteria to list ico projects or ratio 1-5; which sometimes include kyc. There are no live and working products during ico, the ico was launched to crowdfund money to launch the project; if there was enough funds, there won't be reason to conduct ico. So do learn the basics and understand how this things work
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CaVO32
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May 08, 2020, 11:06:54 PM |
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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.
These are few mistakes that newbies make, and it is a reason why it is implored that newbies learn the basics first. Ico ranking site were not there to be trusted; they are there to be a guide as to the information you sought; each ico ranking site has criteria to list ico projects or ratio 1-5; which sometimes include kyc. There are no live and working products during ico, the ico was launched to crowdfund money to launch the project; if there was enough funds, there won't be reason to conduct ico. So do learn the basics and understand how this things work when these ico ranking websites are just starting their services to the community, many crypto users were still referring on them regarding the capability of the project. but currently, i don't think many people are still checking the ratings of these ranking sites. it has proven that even if the rating is high, it doesn't guarantee that the project can be successful. and because most of them are paid sites, they will give good ratings even if there are some questionable info on the project.
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bitkanu
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May 08, 2020, 11:24:17 PM |
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Many of us know about ICOBench website- probably the most earning ICO rating website, they get paid for doing reviews for ICOs, but the rules are simple, more you pay, better rating you get. If that was about icobench and that exchange site has a very bad reputation but it looks like what already mentioned by OP is about all of the ico ranking sites. I guess not all of ico ranking sites are bad. We should not generalize all of ranking sites are bad sites.
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retnoanjani
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May 08, 2020, 11:43:54 PM |
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These are few mistakes that newbies make, and it is a reason why it is implored that newbies learn the basics first. Ico ranking site were not there to be trusted; they are there to be a guide as to the information you sought; each ico ranking site has criteria to list ico projects or ratio 1-5; which sometimes include kyc.
This is why fake projects often hold ICOs, because they only want to target investors' funds and then run away. When I first joined here, I often made a review of the ICO ranking site as a reference. That was actually quite helpful to me in getting to know the project. I am not an investor, just a bounty hunter who is trying to get the right moment to join a party, so I only take information related to the token economy and the sales agenda.
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