Launching beta website of ICO Picker - True and unbiased review of Initial Coin Offerings Projects
Checkout the website for recent listings ! https://ico-picker.com
Our main objective for evaluating ICO Market is to help potential investors with depth analysis about the ICO’s available in the market, so investors can take informed decisions whether to invest in the offerings.
ICO-Picker has developed unique rating method to analyse ICO projects and evaluation is performed based on various factors analysing product’s idea, project state, team experience, financial budget, use of seeds, authenticity, growth potential, investment return and various type of risks involved in the offerings but not limited to these.
Ratings are classified into three categories.
Overall Rating – it’s given between half to five stars, while 5 being the maximum and 0.5 being the least.
Projected Growth – Exponential, High, Medium, Low, Negative
Risk Level – Extremely High, High, Medium, Low, Very Low
Evaluation of each project is done based on the review of all parameters given below and ratings are computed by ICO-Picker taking all below information in consideration but is not limited to these.
Concept
Review project details and analyse if it is entirely a new concept, some innovation is involved, or it is an advancement to existing products in the market, or it has nothing new.
How best it fits into the blockchain technology, is it a viable project on blockchain?
Product State
Is it a working product, Pilot ready or POC completed, or just a concept? If only concept, what details are available on the functional & technical aspects of the product.
Whether project roadmap and milestones defined are inline to the overall details available on project.
Legal & Compliance
Does project comply to all legal and compliance obligations. How much details are provided in the whitepaper or other places.
Fund Raise & Allocation
Review of the method used for funds collection, whether reliable escrow services are used for each fund holding. What are the minimum and maximum thresholds, clause to return the funds if minimum criteria not met.
How funds are allocated and details on project expenditure
Tokens Review
Review of token distribution methods.
What rights are given to the token holders. Does token have any real value linked to the company’s business model.
Exchange listing, any partnerships announced.
Team
Review team profiles, if they have enough experience, related background, blockchain technology, experience in the business area, and credentials in the market.
Availability of team in person in public, this ensures there are no fake profiles.
Team members are fully engaged and working on this project
Professional Networks, GitHub and other credentials to verify teams background
Information Validation
Validating the details shared in the whitepaper, website or in any other form.
Any fake information or rumours on the project or any team member.
Availability on social, networking forums Twitter, Facebook, reddit, Bitcointalk etc.
ICO-Picker team is fully committed to provide true evaluation of the ICO market and will keep improving these methods, while any update to this information fully lies on ICO-Picker’s discretion.
Disclaimer:
All ratings given by ICO-Picker are fully based on the analysis conducted by ICO-Picker’s team of experienced professionals in blockchain technology and ICO markets. Evaluation of the ICO’s is done based on the project information received from token issuers or from publicly available sources.
The main purpose of these ratings is to inform investors and other market participants about the relative level of investment risk involved in the coin or token offerings.
It is not, and should not be regarded as “investment advice” or as a “recommendation”. Investors/Individuals should perform their own due diligence and they are fully responsible for any actions taken based on any information on ICO-Picker website.
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