As the crypto craze continues to grow, more and more startup owners are getting onboard the altcoin train. However, with that being said, in recent months the number of scams that have arisen within this domain have also increased by over 400%.
Many fraudsters have released authentic looking ICO’s with the sole aim of luring in susceptible investors. This is where ConcourseQ comes in. It is a “community sourced platform” that offers unbiased reviews for a wide array of Initial Coin Offerings (ICO’s).
ConcourseQ takes into consideration the due diligence methods employed by startups, so as to make sure whether the company is in line with international laws and regulations.
More About ConcourseQ
As many of us might already know, ICO’s have reshaped the way capital is raised by business owners all across the globe. Statistically speaking, we can see that over the past 2-3 years, ICO’s have become the medium of choice for most crypto investors due to the fact that they help make crowdfunding campaigns extremely simple and hassle free.
ConcourseQ is a “due diligence platform” that is designed to help weed out fake, scammy ICO’s from the market via the use of community reviews. Owing to the fact that it allows for all platform users to edit “public logs” on various ICOs, ConcourseQ has the potential to warn investors of obvious red flags, false/misleading information regarding various startups, thereby allowing them to stay clear of such projects.
Why Choose ConcourseQ?
There exist today, many ICO review services that already provide crypto enthusiasts with quality reviews and other pertinent information related to the field of blockchain. However, what all of these other platforms lack is the use of ‘community reviews’.
Some of the key factors which make ConcourseQ stand out include:
While individual/ personal reviews are not a bad thing per se, they often have the potential to let personal biases sneak in. However, ConcourseQ is a community based project, and thus the chances of individual prejudices seeping in are minimized.
(ii) Leadership Model:
Quite like forums like BitcoinTalk, ConcurseQ also makes use of a ranking system. As a result of this, the higher the person is ranked, the more say he/she has over technical aspects of different ICO listings.
(iii) Peripheral Features:
Another key facet of this platform is that it allows QFellows (name given to community members) to watch and follow the activities of other platform users. As a result of this, people can see which ICO’s are being followed most by the community at large.
Since all of the reviews are based upon the research of thousands of community members, the chances of misleading/ false information being presented to investors on the platform is highly minimized.
(v) Thousands of Projects:
As we speak, there are over 2000 ICO’s (2148 to be exact) that are listed on the official ConcourseQ website.
This service serves as the perfect medium of exposure for up and coming ICO’s that are offering the crypto community with a unique product.
How Do I Get On Board?
The signing up process is quite easy and can be availed of by anyone within a matter on minutes. To start off with, users need to click on the Register button and follow the outlined instructions. For any queries or doubts regarding ConcourseQ, users can get in touch with company representatives via their Medium or Discord profiles.