DigRate Created A "Weapon" For Investors

DigRate Created A "Weapon" For Investors

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.

Our top trading bots

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

Bitcoin hits $44K, but traders want to see a few daily closes here before a move higher
Morale across the cryptocurrency ecosystem is rising on March 24 as several days of positive moves have helped lift Bitcoin (BTC) back above $44,000 and...
Price analysis 3/18: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
Bitcoin (BTC) is facing a challenging environment in 2022 due to the surging inflation and geopolitical turmoil. Although gold has outperformed Bitcoin...
Buying big? Nearly 30K BTC leaves Coinbase Pro in 3 transactions
Bitcoin (BTC) could be seeing renewed interest from big buyers as data shows large tranches of coins leaving major exchange Coinbase.As shown by monitoring...
Treasury to launch financial education initiative around crypto investments
The United States Treasury Department is launching a new initiative to raise awareness of the risks involved in investing in digital assets.The move comes...
Price analysis 3/2: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
The speculation regarding the U.S. Federal Reserve’s tightening cycle and recent geopolitical developments may have resulted in panic selling by short-term...
Profitability makes crypto mining more expensive in Argentina
China’s crackdown on mining has led miners to search for other countries in which to continue their operations. Promises of reduced costs led some to Argentina....
SHIB, RGT and AMPL shake off Fed taper comments by notching double-digit gains
Volatility reared its ugly head for a second day after growing fear of the new Omicron COVID-19 variant and the Federal Reserve's admission that an earlier-than-expected...
Crypto fintech Moonpay reportedly aims for $3.4B valuation in first VC funding
Moonpay, a fintech startup dedicated to building crypto payments infrastructure, is reportedly expected to reach a valuation of $3.4 billion after conducting...
Crypto adoption is a ‘huge challenge,’ says Chinese central bank exec
The rapid adoption of cryptocurrencies like Bitcoin (BTC) poses a major challenge for the traditional financial system, an executive at the Chinese central...
Existing Indian law could impose 2% levy on crypto bought from offshore exchanges
According to local sources, the Indian Government’s 2% “equalisation levy” could be extended to crypto-assets purchased from off-shore exchanges. According...
Altcoin Roundup: Market cycle analysis screamed 'take profit’ ahead of May 19 sell-off
Welcome to Cointelegraph Market’s weekly newsletter. This week we will identify emerging-sector trends across the cryptocurrency landscape in order to broaden...
Bitcoin Slips as Traders Flee, but 'Hodlers' Continue Dip-Buying
By Yasin EbrahimInvesting.com – Bitcoin slipped Monday, as newer entrants dashed for the exits amid fears Tesla (NASDAQ:TSLA) is preparing to offload BTC,...
Why's Bitcoin stuck under $60,000? The gold market cap may hold the answer
After rallying more than 100% in 2021, Bitcoin (BTC) seems to be struggling to turn the $60,000 level into support. After all, what is so special about...
Only $1 Per Unit: Walmart Starts Selling Bitcoins
This year has not been the best for bitcoin. Since mid-December 2017 when BTC reached its historical peak of $20,000, the coin began to plummet gradually,...
Pakistani Who Send Cryptos Abroad Will Be Prosecuted – State’s Central Bank
Last week Indian central bank announced its decision to take a hardline stance on cryptocurrencies in the country, saying that all accounts, dealing...