Post
Topic
Board Service Discussion (Altcoins)
Re: Should we believe the ICObench?
by
just_Alice
on 05/08/2018, 21:09:57 UTC
Have you ever noticed that some ICOs refer on their score on ICObench during crowdsales. There are some experts that assess the ICO by follow criteria: Team, Vision and Product.

How useful is this score? Should we take it into consideration when performing a research on the ICO?

Team is the most important criteria. Nowadays there are so much advanced ICO scams, that make their websites and whitepapers look so realistic and only by people who develop the project you can really tell what they're up to. It commands confidence when there's a way to contact team members (to make sure that those are not just set up photos). If those people are into technology and seem to perform some activity during years that's a good sign, or, the better situation is when team members have participated in successful projects in past. I don't know what about vision and product though, sometimes that's the thing that attracts people to scams. If you're choosing between definitely reliable ICOs product still doesn't look like a good criteria, there can be from 10 to 20 different ICOs offering nearly the same thing, but only one of them will be successful, so it's 100% on team.