DigRate Created A "Weapon" For Investors

post image

Fraudulent projects, stolen tokens and unscrupulous organizers - such problems that are often found in the ICO world. And if earlier the ICO risk assessment was done by sophisticated analysts, now everyone can do it!

The Russian rating agency for the valuation of digital assets DigRate has created an automated SWOT-analysis to assess the initial coin offering. The tool allows any user to independently predict the risks of a particular project based on the necessary information - the name of the project and its site. A simple interface and working principle open a professional assessment to investors of any skill.

SWOT analysis can be used not only by potential investors but also by the owners of projects that go to the ICO. It is useful to look at oneself from the outside, get an objective evaluation from an impartial algorithm.

- says the founder of Digital Rating agency Arseniy Polyakov.

Analysis from DigRate allows you to assess the strengths and weaknesses of the project, as well as to see the overall outlook for ICO by accumulating all available information in one place. The finished SWOT-analysis will be published on the website of DigRate, and they can be shared in social networks, which allows the good soul to save other users from joining the scam-project.

The development of the SWOT-analysis was conducted according to the methods used by the agency in compiling its analyzes and ratings. And, of course, according to well-known business practices used in the professional assessment of investments in start-ups. The tool allows investigating the investment attractiveness of the project and its Quality Rate (probability of fraudulent nature).

In January, the agency has already verified two projects: Scorum and Eticket 4. And it is entirely possible that their development will be useful to a much wider audience. Earlier, in the fall of 2017, the Russian Innovation Support Fund suggested that the Ministry of Economy involve the rating agencies in assessing the projects coming to ICO.

Information Source: DigRate

Seven Southern European Countries Agreed to Promote Blockchain
Seven countries of Southern Europe signed a declaration in which they commit themselves to promote blockchain. These countries are Cyprus, France, Greece,...
IMF Chair Lagarde Urged Central Banks to Consider Issuing CBDCs
IMF head Christine Lagarde has said «they» should think about emitting CBDCs — the digital currency that is distinct from mainstream cryptos. Moreover,...
The Fourth Court Case Recognizes Cryptos as Commodities
Another court case involving CFTC —the American Commodity Futures Trading Commission — implies that cyber-coins are trade goods. Therefore, their issuers...
10 Bitcoin ETFs Have Been Rejected So Far, But They Keep Trying
At least 10 times the American SEC has rejected the proposal of Bitcoin ETFs, an investment fund which would allow small investors get through to cyber-assets....
Last Year 80% of ICOs Were Scams, Research Shows
It is time to reiterate the all-time crypto-mantra: invest in cyber coins only the amount you can afford losing. It is time for a reminder as over 80% of...
Seoul Intends to Set Off Its Own Crypto-Coin
Despite the fact the government of South Korea overall tries to be strict with cyber money, as since the end of January it prohibited the use of anonymous...
ICO with love: DateCoin Will Present DTC Tokens To Denim Users On Valentine's Day
On Valentine's Day, more than 700,000 users will receive tokens of the DateCoin project free of charge. Owners of DTC tokens will be users of the existing...
WWF Uses Blockchain to Uproot Slavery And Illicit Trading in Fishing Industry
Poachers better brace for innovations, which watchdogs are going to use to combat their illicit actions, or even give up on their ‘businesses.’ Recently...
Bitcoin Transaction Fees Plunge Breaking 2018 Record, Same For Mempool Queue
Long waiting transaction time and high fees have been a bottleneck in bitcoin network for quite a long time. Critics have been using these arguments as...
PhD Student Won DNA Deciphering Contest, Receiving Bitcoin as an Award
A unique contest among science students has been completed this week. Scholars had to decrypt secret messages in a DNA tube in order to receive a unit of...
Metropolitan Bank Won't Work With Crypto-investors
The company "Metropolitan Bank Holding Corp", which is popular among cryptocurrency companies, stopped performing international transfers related to cryptocurrencies....
Cryptocurrency Lovers Will Spend More Electricity Than All of Argentina
In 2018, the need for electricity for all miners in the world may exceed energy consumption in Argentina.This opinion was expressed by analysts of financial...
From Transactions to Cannabis. Announcement form India Globalization Capital
The growth in the introduction of blockchain technology has led to a coup in some industries, including financial services, data management, healthcare,...
Top 10 Documentaries About Bitcoin and its Brethren
Each day bitcoin and its ilks receive a reasonable level of fanfare. Since the beginning of 2017, the father of all the cryptocurrencies grew in price by...
Russia to Endorse Bitcoin and Take Control Over Mining
After Russian Central Bank presumed that Bitcoin and its ilks could jeopardize consumers, the country’s finance ministry has suggested that government...