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Author Topic: Never trust an ICO ranking site!  (Read 2546 times)
InwardContour
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May 08, 2020, 12:50:06 PM
Last edit: May 08, 2020, 01:36:41 PM by InwardContour
 #41

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 true, most ICO ranking sites get paid to give a project good ratings. I remember when there were so many ico ranking sites like icobench, icobazar, icoratings, icobird etc etc where guys check before participating in any ico. Funny enough some people just rely 100% on information they see on such rating platform, hence they consider it their own research. The only ico site i still follow is icodrops, I'm not saying there is no form of paid rating there but atleast their ratings look more genuine. Also, OP as you mentioned checking MVP or working product, that's a great approach but nowadays advanced scam projects use an MVP to lure in investors, with no plans to develop the working product. Most roadmaps are just paper work, and will never be actualized.
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May 08, 2020, 01:23:07 PM
 #42

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

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May 08, 2020, 01:41:22 PM
 #43

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
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May 08, 2020, 01:44:26 PM
 #44

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 true, most ICO ranking sites get paid to give a project good ratings. I remember when there were so many ico ranking sites like icobench, icobazar, icoratings, icobird etc etc where guys check before participating in any ico. Funny enough some people just rely 100% on information they see on such rating platform, hence they consider it their own research. The only ico site i still follow is icodrops, I'm not saying there is no form of paid rating there but atleast their ratings look more genuine. Also, OP as you mentioned checking MVP or working product, that's a great approach but nowadays advanced scam projects use an MVP to lure in investors, with no plans to develop the working product. Most roadmaps are just paper work, and will never be actualized.
ICO rating is usually their developers give bribes to give a very good rating, but at least with ICO rating we can find out what platforms are developed from a project and the team behind the project so they can find out whether the project is a scam or not.

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May 08, 2020, 01:49:05 PM
 #45

Sir you can't say anything about it because when ico ranking site build there members works very hard to do real but when the ranking site succeed and receive money from there site they don't care of people
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May 08, 2020, 01:51:13 PM
 #46

ICO was way better than IEO back in 2017 if not for scammers that start deceiving investors and ruin every last trust about ICO, IEO still gets the job done but not successful like the past ICO days, ICOs are no more so no need to use ICO rating websites again

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May 08, 2020, 02:01:21 PM
 #47

I'm looking at them but I'm not trusting 100% of their recommendation, although they are trying to be reputable again, there are a lot of parameters but rating sites should not be on top of your list of experts to recommend good projects.but surprisingly many projects are still doing it and wasting their money to get a good rating.


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May 08, 2020, 02:05:51 PM
 #48

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  Grin
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May 08, 2020, 02:06:11 PM
 #49

I agree with you, that you should never fully trust the ICO website. especially seeing the ICO lately is sometimes not as real as it was released on the ICO ranking site. therefore we need to analyze first before taking action in investing in ICO.
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May 08, 2020, 02:14:43 PM
 #50

I feel surprised that people still looking for ICO and ICO rating websites! ICO market is totally dead my dear, one of my friends was an admin of Icobench, she said Icobench is dead but it was the biggest ico rating website in the peak time! Most of the ICO rating websites took money to give higher rank. I saw Tokoin, Sero had less than 3 ratings in Icobench but they made history on IEO launchpad! But Icobench gave 4.7 ratings out of 5 to the Satt, Pointpay ICO projects! And now they keep running the ICO sale for over 1.5 years!
Buddy, don't invest in ICO, don't waste your time behind it. Rather learn trading or invest in the top exchange IEO!

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May 08, 2020, 03:32:43 PM
 #51

ICO are becoming obsolete and so are the review websites, I have not long since visited any ICO review websites, instead I learned more about IEOs on top exchanges.

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May 08, 2020, 03:44:46 PM
 #52

I don't believe in ICO ranking sites. Most of them are paid and not real.
Who told you that they worth to be trusted?all of them are being paid by scammers to lure them us to believe and invest.
The more they get from the team (payment) the better the rank they will give!
and they will keep updating just to look like more legit,actually we have been seeing many like this before and until now.
Quote
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.
Yet even some working products now are scam not unless those standing still for years and long.
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May 08, 2020, 03:56:15 PM
 #53

ICO rating sites are just some sort of paid services and do give fake reviews in 2018 and early 2019 I rely heavily on Icobench and all the projected I invested in from Icobench ratings failed. Anyone expecting Miracles from ICO should better seek counseling.
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May 08, 2020, 04:01:20 PM
 #54

ICO are becoming obsolete and so are the review websites, I have not long since visited any ICO review websites, instead I learned more about IEOs on top exchanges.
So many people have been moving to the IEO but there are still some ICOs were getting a big success on its crowdsale too. There must be an exception for an ico with a very bad fundamental.

I have also learned about IEO too but i just try to think if not all icos were scam.

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May 08, 2020, 04:07:07 PM
 #55

These days ICO ranking websites are not really being followed. Gone are the days when they were top criteria and every project will want to list there because all newbies and investors go there to check high ranking. It's just a minor thing now.

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May 08, 2020, 04:12:32 PM
 #56

The bear market revealed a lot of atrocities from the ICO ranking sites, more especially in bribing. The idea has changed for some of the ICO review site, they rather bring investors and project team together for critical examination. They help with AMA on there groups, distance themselves from any project with their ratings and provide information that only verifiable.  

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May 08, 2020, 04:23:21 PM
 #57

Indeed there is no site that can be trusted completely about a project, moreover the ICO project appraisal site is just nonsense. CMC and coingecko site classmates also cannot be trusted. Because all sites are only for a reference.
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May 08, 2020, 05:11:09 PM
 #58

Gone are the days when an investor would look at ICO ranking sites,I think far back as 2017 or 2016 investors relied on those sites but now it's become purely business,if you pay them well you get good ratings for your project so I really do not think any one should put his trust on those,do your research about the project before investing.

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May 08, 2020, 05:20:08 PM
 #59

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.
The influx of new people who just get to know about cryptocurrency,  will fall for ico rating sites tips,  not all are bad in rating ico,  in my opinion I think icodrops is the best among them,  although not all the project being listed there is successful,  but the percentage of successful ones are much more than the scam project,  and they don't list anyhow project to avoid detering their image

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May 08, 2020, 05:20:24 PM
 #60

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.
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