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Author Topic: Never trust an ICO ranking site!  (Read 2587 times)
DabsPoorVersion
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May 08, 2020, 07:05:48 AM
 #21

Those ICO ranking sites cannot be trusted anymore,

They are only being used by scammers to make their project known to the public. ICO ranking sites only make the ico as the home of scammers and they are the reason why we have an increasing number of different scam projects anywhere.

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May 08, 2020, 07:12:50 AM
 #22

as far as I know, they provide rates based on the completeness of the information. honestly, I still read some information there. Yeah, but the most appropriate is that they don't believe what they say. it is better to find the information itself, which is more important than just looking at the rate given by a site.

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May 08, 2020, 07:16:58 AM
 #23

In fact, since 2018, ICOs are no longer attractive to investors. At 67.91%, it was the average loss rate when participating in ICO projects that year. So far, nothing but scams, the most typical examples are ranking sites, in their eyes, now only seeing profits, they don't care how many people will be scammed when the ICO they post to TOP is because the ICO pays them a fee.
So yeah! Don't trust any ranking sites!!!
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May 08, 2020, 07:40:10 AM
 #24

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.

Ranking can be made by order, as well as articles to support the good rating. The most important thing from the new project is the use case and also the product to be achieved. With the support of a solid and competent team, I think a new project does not need a review from a certain person because investors will see for themselves
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May 08, 2020, 07:53:24 AM
 #25

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 was the common opinion in this forum about those ICO listing sites and I think it is true, Because base on my experience, not all ICO ranking site is truthful about the information and data that they were provided to the public and because it was a paid listing what can we expect? I think thats the reason why too many ICO was turned into an exit scam.
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May 08, 2020, 07:57:29 AM
 #26

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.


I hardly trust their rankings due to lack of transparency.  I believe ICO project ranking will be more suitable on well decentralized platform.
Lots of people will do what is wrong or throw morality away once enough money is dangled in front of them. This is what well decentralized crowdfunding platform can solve.

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May 08, 2020, 08:11:38 AM
 #27

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.

As a start, ICOs are long forgotten because of their untrustworthiness where the team decides the fate of everyone which mostly ends up bad, therefore as it stands now even with MVP, I don't think there will be anyone who can afford to take that risk. Even these ranking websites aren't making it easier because there have been projects which still exit scam even when they have good ratings, that is to say there is every possiblity they collected money from these projects. Nevertheless, nowadays with or without MVP, most projects are going for IEO since it is more better both for the team and investors. In addition, although IEO offers better chances, it is still advisable to make your research about any project you have in mind to invest in.

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May 08, 2020, 08:15:07 AM
 #28

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.

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May 08, 2020, 08:19:18 AM
 #29

Never investing in any ICO too, due so many scam activities using ICO mask.
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May 08, 2020, 08:24:45 AM
 #30

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.
Yes, it is happening, and most of them are scams. IEO is really good, but many investors have not updated the information yet, so they are still trying to invest in those ICOs. Especially when they read false information on ranking sites.

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May 08, 2020, 12:02:09 PM
 #31

I won't give names but I think one or two are OK. You have to have it at the back of your mind that despite their review it does not guarantee how a project will go. Some project fail at ICO, IEO level if they don't raise enough fund to carry own with the project

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May 08, 2020, 12:07:15 PM
 #32

Since ICO is no more I don't use any ICO rating websites again, icobench and icodrops used to be my favorite but not anymore since IEO takes over and to win big in IEO investments all you need is top exchange

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May 08, 2020, 12:07:47 PM
 #33

Of course, we should not rely on ICO ratings sites. Because they are dishonest in their assessments, they take money from those projects and make positive reviews to deceive investors.

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May 08, 2020, 12:11:02 PM
 #34

ICO aren't alive anymore so why use ICO rating websites? Icobench has information about upcoming IEO projects that's why I still use the website, ICO rating websites aren't responsible if you get scammed in any project

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May 08, 2020, 12:13:18 PM
 #35

I've been hearing about that MVP but they're all say and nothing to prove that they actually have an MVP project.
Stop lurking with these ICOs. It's not worth your time anymore, the back won't be back during 2017 and it's all gone. Although, some are still trying and they barely get attention.

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May 08, 2020, 12:17:54 PM
 #36

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 now becoming business website and they are basically paid. They give rank to the newer projects in exchange for cash. I don't believe in that paid ranking sites. It enhances the cheat to collect the cheater from the investors. This sites don't have business ethics. So investors should avoid ranking sites to check rank, rather they should research before invest.
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May 08, 2020, 12:27:56 PM
 #37

Most of those sites are paid, I even read an article about that though I don't have the source anymore. Way back 2017 and early 2018, ICO Sites are okay but not that good when it comes to ranking ICOs as most of them became scam, if someone here remembered Hashcard - it got 5 stars and even got good reviews but it turned out it is a scam project, just giving an example.
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May 08, 2020, 12:31:48 PM
 #38

Its better for us not to trust those ICO ranking sites instead we should make our ranking based on our assessment and make them a supporting reviews. They are getting paid for making those rankings and not really choose which one is the best coin for them. You should rather find some news and reviews here in the forum which no one is bias about their opinion. I suggest to just be careful in some ICO projects right now, its hard to trust them nowadays.

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May 08, 2020, 12:36:34 PM
 #39

We should only trust ICODROP. Because they are very honest in their assessments, they do not accept money from projects to make good and positive comments for those projects. Also we should evaluate the project according to personal experience, surely it will be a lot better


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May 08, 2020, 12:43:23 PM
 #40

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.

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