All you want to know about ALL ICO Lister, ICO listing, ratings, and experts
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ICO stands for "initial coin offering". It is a new form of efficient and easy raising of financial resources. Any individual or a company can crowdfund any project or become an investor. Every ICO has two mandatory attributes – issuance of a fixed amount of the new cryptocurrency unit (token or coin) dedicated to the ICO and blockchain based transactions.
A token or a coin is a cryptocurrency unit issued during an ICO. Buying certain amount of tokens allows the investors to crowdfund the project and ICO holders to raise funds. Every ICO issues a fixed amount of tokens/coins meant to be used as a potential source of profit once it goes on exchanges and/or as the currency used inside the project (purchases, service payments, etc).
A white paper is a summary report that provides detailed information about the project, its originality and the benefits it can give to the investors and the users of the final product, technological features, team behind the project, project's background and future plans.
The ICO Analyzer is a free tool of objective report into an ICO profile. It was developed to allow ICO teams to learn more about the potential improvements to bring into their ICO profile on ICObench. The ICO profile rating given by Benchy is based on the report provided by the ICO Analyzer. The ICO Analyzer provides a report based on availability of data important for investors but not on the quality of the provided data. There are 4 sections in each ICO analysis: Team: Evaluation of team depends on the number of team members and the availability and transparency of team member profiles. 100% score can be achieved by having more than 4 members on team, with full names, real photos and LinkedIn profiles of all members provided, and having a certain amount of team members with ICO Success Score. ICO information: Evaluation of the ICO information depends on a few things. Some data is mandatory for a good rate and the other isn't but it is still welcomed. 100% score can be achieved by providing the ICO start and end dates, token ticker, platform, list of accepted currencies, and token price on Pre-ICO and/or ICO. Product presentation: Evaluation of the product presentation depends on the availability and informativity of the whitepaper, milestones and the video. 100% score can be achieved by providing a well laid out white paper with all information about project, ICO, team and future plans, a detailed road map and a video presentation. Road maps or milestones which list only Pre-ICO and ICO dates and do not tell anything about the project development are not accepted. Marketing & Social Media: Evaluating the communicative part of the ICO is what makes the ICO profile rating dynamic. We aren't checking only the presence of the social media links, but also the level of activity on them. 100% score can be achieved by providing the links to all the listed social media networks and by being active on Twitter, Facebook, Medium, and Bitcointalk.