ICOrating is a rating agency that issues independent analytical research. We're developing a benchmark for the evaluation of blockchain-based companies planning on an ICO (initial coin offering).
Company’s experts provide investors with the information that helps them to to make informed and reasoned decisions about investments in blockchain-startups.
Blockchain has the potential to revolutionize the infrastructure in many traditional business areas. It creates entirely new business models, that simply could not exist on the market few years ago.
The emergence of a new business model creates great opportunities for users and investors. But any young market carries significant risks for all the participants due to the lack of quality assessment standards, reliability and transparency of the new projects. This situation causes a lot of of fraudulent schemes.
At the moment blockchain industry is going through the standardization and the development of evaluation and application standards for new opportunities. Given that the ICO market is based on the the blockchain industry, there is a complete lack of a reliable set of criteria for the evaluation of new platforms.
Investors have to collect the information on blockchain projects piece by piece on various sources, companies websites and discussion forums, where each participant expresses his subjective point of view.
To date, there are no sources of systematically assessed and analyzed data on blockchain projects: technical features of the platform, business model, the team, the strengths and weaknesses of the decentralized infrastructure and many other factors. But it's this kind of analysis that allows us to objectively evaluate risks and create a complete picture of the investment object and its potential.
ICORating’s team goal is to to develop clear assessment standards for blockchain startups and assign ratings based on a transparent and standardized scale. It was this approach that turned the Wild West traditional stock market into a civilized platform. After the emergence of rating agencies the risks of fraud will be minimized for both issuers and investors and they will have more unbiassed information to base their decisions on. It will increase the responsibility of the developers of decentralized services before the users.
Our mission is to help the market achieve necessary standards of quality, transparency and reliability as quickly as possible. This will help to attract institutional investors, which will create great opportunities for the entrepreneurs of the new economy in attracting funding for their projects.
ICORating was founded by internet entrepreneur Dmitry Filatov, CEO of Topface Group. This group of companies includes businesses from different technological areas. One of these is the international dating service Topface, which has more than 100 million registered users.
Anatoly Poedintsev, CEO of ICORating, has extensive experience in the investment industry: stock markets, securities, company analysis, portfolio investment, project evaluation, risk diversification. Before he took the position of ICOrating’s CEO, Anatoly worked in the private sector in branches of various international banks. These include Deutsche Bank, Citibank, as well as in one of Russia’s largest banks Otkrytiye, for which he worked in its private banking department.
ICORating’s analytical team consists of leading professionals from the Topface group. Each has extensive experience in internet business, crowdfunding and blockchain industries, as well as how to conduct comprehensive evaluation of companies.
ICORating’s offices are located in St. Petersburg (Russia) and Barcelona (Spain).