Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] UPDATED Monkey Capital - A Decentralised Hedge Fund - OFFICIAL THREAD
by
Pixmartz
on 11/07/2017, 02:43:39 UTC
1) Coin schedule are listing Monkey Capital as the first ever Platinum Level ICO. Has any real appraisal taken place or is this a paid for marketing package/gimmick? Be honest...

Gold and Platinum are paid marketing slots.

We do what would be considered 'lightweight due diligence' in every ICO we list (i.e. we check project team Linkedin profiles, we read the white paper to get an overview of what the project is about and check that it has been created to a high standard. We ask questions to the team via e-mail sometimes with a few iterations). For the platinum, because it's a more prominent slot, we also did a few Skype calls with Daniel to make sure he looked like the pictures of him you can find online (he does).

That's what we have done, but note that Coinschedule is an informational website for marketing purposes, we simply list ICOs that are submitted to the website (if they pass our lightweight due diligence) and we make money by offering paid slots to ICO projects. Seeing a project listed there should not be considered investment advice of any sort. You need to perform your own due diligence and decide which projects to join.
So it is not as the main indicator that the future developers coin it will not be a scam?
Because I think the developers are paying for gold and platinum slots, and coinschedule installing a badge will make the layman think it is a good and trustworthy project. But they do not know that it is a pay slot like an advert.