Going back to 2017 scam ICO launchings, one thing for sure, sites like Coin Market Cap have played a very big role in promoting those scams. Yes they did it because they want money but one thing they should realize that this thing would lead to distrust of new people in crypto which would ultimately also close their shop as well.
Coin Market Cap takes a huge amount of money from those scammers.
When i contacted CMC, i got this email.
Hi, and thanks for reaching out! Our pricing is based on impressions:
Desktop Formats:
· Top Banner (728x90) - $14.00 per 1000 impressions
· Side Banner (160x600) - $8.00 per 1000 impressions
· Bottom Banner (728x90) - $4.00 per 1000 impressions
Mobile Formats:
· Top Banner (320x100) - $8.00 per 1000 impressions
· Mid Page Banner (300x250) - $6.00 per 1000 impressions [Coin Detail Pages only]
· Bottom Banner (320x100) - $4.00 per 1000 impressions [Coin Detail Pages only]
May promotion: 10% bonus impressions for orders of $25k or more
If these sites just go for some verification before promoting these scams, it would be very good for the visitors. Verification can include Mobile verification, Identity verification etc. These sites are an open image of crypto, if these sites just reduce their earned money by a bit and plan for long term then it would be beneficial for all of us.
To an extent i would not hold coinmarketcap responsible as most of those projects don't have guns pointed to the head of investors corcing them to invest. You are always advised to research extensively on what project you want to commit your resources to before doing so. That you decided to commit resources to a project because the project has its banners on coinmarketcap website does not in anyway satisfy the disgust.