Coindelite provides ICO ratings on the following basis:
Rating is not permanent - we are monitoring the ICOs on a daily basis, and every day new experts are joining and rating the ICOs. Even if any of our experts do not assess the ICO, only the assessment algorithm is used.
In our assessment algorithm, we divide evaluation into four different groups. An ICO can be evaluated multiple times in a day, and the rating cannot be manually changed. All ICOs are rated based on the same status, by the same assessment algorithm. Hence, we consider this part of the rating the objective part.
It is up to ICO teams, their activity, their self-initiative, and their responsiveness to our editor’s requests if their profile is up to date and has the potential to be rated well.
Every visitor, user, or ICO team member can check the ICO profile results with our ICO analyzer tool that is available here. The device was released to help ICO teams to become better, more transparent, and active on their ICO campaigns.
Providing all necessary information is very important for potential investors. Not showing all the information or lack of them can be perceived as insecurity or uncertainty.
There is several ICO information that we take into account in this group - everything from ICO start and end dates to the token ticker.
Potential investors want to understand the product and know about post-ICO plans and goals for the future. No plans equal no interest.
In product presentation, we take a look at the whitepaper, milestones, and video presentation. We aren’t evaluating the content and its originality, but rather the availability of the information.
Having a good team is one of the many doors to success. Investors tend to research each team member, and more ICO-experienced members are an added value.
We check the number of team members, photos, full names, and social media links. There is an additional plus point for having members with ICO success score on the team. These are team members that are or were participating in two or more ICOs (either as an advisor or team member) and are because of that considered more trustworthy.
Reaching out to the potential investors and keeping open communication with them is one of the most important keys to an ICO campaign.
We are monitoring activity on different social networks, which provides us a better outlook to how in touch the ICO team is to their potential investors. Even if the ICO industry isn’t firmly connected to the audience on a specific social network, it is essential to be present everywhere, so that all types of investors can have a say on the project.
We encourage our experts to follow the following rating methodology. Each expert can rate any ICO he or she wants and can later also change this rate. Experts are evaluating independently, and we usually don’t question their decisions and opinions. The only case where we would interfere with questions is in the cases where an expert would rate the ICO of which he or she is a part of. We also don’t allow experts to give bad rates to their competitors just because they are higher on the leaderboard. Each expert’s rate is weighted with his or her expertise, years of experience in the field, and possible available publications. We consider this part of the rating the subjective part.
The rating from 1 to 5 is assigned to the ICO for team, vision, and product.
The experts should think about the next guidelines when evaluating the ICO.
Short-term and long-term business strategy.
Market potential and the number of enduring user base.
Judgment and token distribution showing market cap and the manner of emission and pricing of the tokens.
Legitimate understanding and readiness to adapt to changing regulations.
Security, escrow and the list of advisors.
Our partners also assess some of the ICOs - legal experts - who provide a brief legal review. These legal experts give their reviews individually, and full legal reports are considered as paid service rendered by a legal expert.
We are always upgrading our rating methodology by adding new patterns to our assessment algorithm. If you want to contribute, we invite you to join as an expert by sending applications here.
As we mostly rely on our community, we still strongly suggest conducting detailed research before investing or consult with our experts privately. We also recommend to regularly check the most famous (and proactive) discussion channels for ICOs such as Bitcointalk and Reddit.
It happens that sometimes ICO teams or potential investors don’t agree with the assigned rating. In this case, you should know that it is not in our power to change it.