Post
Topic
Board Altcoin Discussion
Re: Never trust to ico trackers
by
strongman8
on 17/09/2018, 23:55:11 UTC
I want to share how any ICO could gain best rates on one of the most popular ICO listing site: Icobench.

The icobench rate is calculated based on two main parts:
a) benchy robot (bot)
b) experts evaluations


1) The main share of total rate is provided by a Benchy robot which automatically tracks ICO medium channels performance. ICO could easily deceive this robot by just posting every 4 hours (during 24 hours) any (no matter what quality) posts on its medium, facebook, twitter, telegram and bitcointalk channels. 

2) ICO can buy for 1-3 ETH the opinions of high rang experts. These 'experts' will give 5-5-5 evaluation even not reading the WP.
Often, these 'experts', intentionally rate your project with poor rates so that you contact them in linked directly and offer a bribe.

So, when you learn how Icobench is working you will never trust its rates

I was actually using ICO Bench as a way to pick my signature bounties.  I selected a highly rated project I think it was a 4.8 out of 5.  It crashed and burned immediately.  I'm planning on just reading the bounty section until I find what I think is a great idea.  The industry has gone full on scam so no one has any idea on what is legit or not.