Despite the constant regulatory uncertainty and fright, ICOs are still developing at a fast rate. Apart from the hype surrounding cryptocurrency, ICOs are also applications of the token-based models that work under the blockchain. However, the rapid pace at which ICOs are coming out means there is plenty of caution that is necessary to safeguard oneself from possible scams.
Currently, there exist a flurry of websites which are emerging to track, analyze and rate the ICOs regarding their launch efforts, project development and marketing plan. On a recent hunt, ICOstock24.com came across as one such ICO website resource. Here's more on the ICO rating site
What Is ICOStock24?
ICOsock24 is an interactive platform that gives the spotlight to how new ICO projects rate across multiple review sites. With their present ICO rating and listing mechanism, ICOstock24 complies ratings from six reliable rating firms which conduct standard review of upcoming and future ICOs and make a summary for the interested investors to compare.
The informational resource site will also ensure that they use every effort to satisfy the accuracy of the ICO information for the investors to have reliable data on the potentially viable projects.
- ICO list- an extensive database of ICO projects (1000+) which are running, upcoming or incompletion. Additionally, the ICO list also links more information about the project
- News- an informational resource regarding the latest and trending headlines within the crypto markets.
- Analytics and reviews- an analytic; page that features ICO reports and different reviews on projects worth following or investing. The link narrows down on the crucial elements within the ICO projects.
- Guides- these are reading resources that enlighten the ICO investor on more than just financing ICO and gives a comprehensive technical background of tokens and ICOs
- Rating System- as the main idea behind ICOstock24, the rating system will improvise reliable and objective ratings from six reliable sites. These sites include:
How ICOStock24 Initial Coin Offering Review Ratings Works
As aforementioned, ICOstock24 will rely on the in-depth study and evaluation of ICOs by the six sites. Once each of the sites officially publishes information regarding the respective ICO, ICOstock24 gathers all the data from the site and makes a summary of the total ratings for the ICO.
Since these rating agencies have had considerable experience in analyzing the ICO projects, their different parameters do help come to a much safer conclusion. These parameters are applied while reviewing each ICO and include:
- The ICO's product, status, and whitepaper
- Team members, advisors, partners and experts
- Demand, market capitalization, potential competition and associated risks
- The marketing campaign, and social media coverage
- Token ecosystem, ESCROW-agent, and Team token allocation
- The working business model, level of transparency and licenses
Although ICOstock24 relies on the unbiased computational of overall ratings from several sites, the concept still has flaws in regards to lacking their research for rating the ICOs. Again, the use of the six rating agencies can make it possible to invest in ICO without any decisions that are biased, unreasonable not ignorant. In conclusion, it is an ideal rating site to give you the reliability and transparency that is essential in ICO reviewing.