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Vladimir Nikitin

ADVISOR | CONSULTANT | EXCHANGES Listing

Role of the rating websites in crypto community and the market of ICO

This year the market of ICO and the market of crypto currencies cardinally changed, these two markets, undoubtedly, are connected with each other. ICO market very much depends on the market of cryptocurrencies. In 2018 capitalization of cryptocurrencies fell more than twice and during the same period the market of ICO felt on itself difficulties, it is a lot of projects which cancelled the ICO, extended the term of carrying out ICO, they understood that it is difficult to raise funds, as in 2017 (was to have the website and high-quality white paper enough).

With respect thereto, the market of ICO looks for options were to be allocated to them against the background of hundreds of other projects. The number of ICO projects grew in tens of times. Now the professional team, the high-quality website, white paper is necessary (for me the ICO project is as any start-up, only tries to implement a blockchain in business and to collect cryptocurrency, to raise funds from investors).To be selected many projects use the rating websites for placement, there are several significant rating websites (ICObench stands alone because is one of the most worldwide influence rating agency, icodrops, ICORating, ico top etc.) and several types which estimate projects independently, experts for project evaluation, providing the platform.

It is necessary to consider that provision of the platform doesn't do to experts for project evaluation ICObench involved in these ratings. ICObench is in an active stage of development to be first-class rating agency and, I hope, we will see only the high-quality ratings and reviews of projects. I look forward to growth of the market and emergence of the professional and high-quality websites and projects in the crypto space.

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