ICO Red Flags. Helping crypto projects get better. Research is community-driven and evidence-based.

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Website issues

ICO fever is not leaving us a chance to avoid mistakes. I hope the dev team will fix the issue in navigation of their...

Added on 4 June 2018
100%

Validation (36 votes)

tokensrecord.com

Stablecoins concept

Stablecoins is a doubtful concept. Look at what is happening to projects like Tether. Where is MakerDAO?

Added on 4 June 2018
100%

Validation (21 votes)

tokensrecord.com

 

MEDIUM

Metronome (MTN)

Funds Control

The founders will not control project after the ICO and it is not clear how development will be funded.

Added on 4 June 2018
100%

Validation (19 votes)

tokensrecord.com

Github almost empty

Github does not look promissing.

Added on 4 June 2018
100%

Validation (29 votes)

tokensrecord.com

 

MEDIUM

Metronome (MTN)

No hard cap

No hard cap announced yet.

Added on 4 June 2018
100%

Validation (36 votes)

tokensrecord.com

Team not full time

Looks like team is not working full time on the project right now. They of course can jump on to project after the...

Added on 4 June 2018
100%

Validation (23 votes)

tokensrecord.com

 

MEDIUM

dock.io (dock)

No info about expesnes

There is not information about how the expenses will be used towards project creation. No breakdown or a pie chart...

Added on 4 June 2018
93%

Validation (16 votes)

tokensrecord.com

 

MEDIUM

Remme (REM)

SSL/TLS vulnerabilities

REMME wants to utilize the severly dated SSL/TLS protocol in their system. SSL certificate and sites using it were...

Added on 4 June 2018
93%

Validation (29 votes)

tokensrecord.com

 

MEDIUM

Remme (REM)

Token distribution

Only 50% will be available for crowdsale. Not clear why 20% will be distributed for partners and advisors. How will...

Added on 4 June 2018
94%

Validation (19 votes)

tokensrecord.com

 

LOW

Seele (SEELE)

Unclear partnerships

No information in the internet about what type of partnership does this project have with mentioned companies and...

Added on 4 June 2018
100%

Validation (26 votes)

tokensrecord.com

 

LOW

Seele (SEELE)

Not active BTC topic

Bitcointalk topic is not very active. There is around 120 message now. Thread created is not responding often there.

Added on 4 June 2018
100%

Validation (28 votes)

tokensrecord.com

 

MEDIUM

Seele (SEELE)

No hard cap info

There is no information about hard cap available on the website or in the whitepaper.

Added on 4 June 2018
100%

Validation (22 votes)

tokensrecord.com

 

MEDIUM

Seele (SEELE)

Team Linked in Profiles

The linked in profiles poorly filled. Looks like team members did them only for the ICO itself.

Added on 4 June 2018
100%

Validation (24 votes)

tokensrecord.com

Huge Bonus

118% is too big of a bonus for an ICO. Just imaging how low will be the price on EtherDelta.

Added on 4 June 2018
100%

Validation (19 votes)

tokensrecord.com

No Public Profiles

No one from the team has public profiles mentioned on the website.

Added on 4 June 2018
100%

Validation (24 votes)

tokensrecord.com

No Public discussion

Comments are turned off under every video on youtube channel. Very suspecious.

Added on 4 June 2018
100%

Validation (31 votes)

tokensrecord.com

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