Frequently Asked Questions

Frequently Asked Questions

What is Cointelligence? Cointelligence was founded in 2017 to bridge the information gap in the crypto economy. It creates relevant tools for investors, namely an impartial and accurate ICO list and rating system. Cointelligence is a market maker focused on bringing the blockchain technology and cryptocurrencies to the masses through the use of fundamental economics, […]

What is Cointelligence?

Cointelligence was founded in 2017 to bridge the information gap in the crypto economy. It creates relevant tools for investors, namely an impartial and accurate ICO list and rating system. Cointelligence is a market maker focused on bringing the blockchain technology and cryptocurrencies to the masses through the use of fundamental economics, real-time market data, technical analysis, and great industry coverage.

Cointelligence is dedicated to creating a platform that is honest and trustworthy. In order to help users view the market as a whole, our team of writers use their knowledge of the market from all angles to create relevant, informational articles and guides that analyze the cryptocurrency ecosystem and explain it to our audience.

What is the main goal of Cointelligence?

Cointelligence strives to open the blockchain and crypto industry to the masses in an open, transparent, and fair manner.

How do we exercise due diligence at Cointelligence?

At Cointelligence, we exercise due diligence by treating every single token as a research subject in its own right. Our research team collects data on each and every token, coin, ICO, and organization in order to obtain the most profound and authentic data in the cryptocurrency market. This data is then passed to our team of crypto experts, who review our research team’s findings from a wider scope. Using both the research and the review of said research, each ICO is given an impartial and objective rating and risk score. This analysis is then presented to our website’s users.

Who are the people behind Cointelligence?

Our entire team can be found HERE.

 

General Questions About the Industry

What is cryptocurrency?

A cryptocurrency is a digital asset which is used as a medium of exchange. Cryptocurrencies utilize powerful cryptography algorithms to promote the security of financial transactions on a peer-to-peer basis, control the mining or the minting of additional currency units, and verify successful completion of transfer of digital assets. Cryptocurrencies represent a unique form of digital currency, alternative currency, or virtual currency. Cryptocurrencies enjoy distributed, or decentralized, control. This is in direct contrast to centralized digital currencies and central banking financial models. The decentralized nature of a cryptocurrency relies on the distributed ledger technology, typically a blockchain, that represents a record keeping system. This system secures the identities of users in a pseudo-anonymous form, their owned cryptocurrency balances, and all executed authentic transactions that took place among users of the network.

What is a blockchain?

A blockchain is a special form of an ever growing list of records, known as ‘blocks’, which are linked together using cryptography algorithms. Public (permissionless) blockchains are utilized by cryptocurrencies. Data stored onto the blocks of public blockchains can be accessed by anyone. Private (permissioned) blockchains are utilized by businesses  and rely on an access control layer to determine who can access data stored on the blocks of their private blockchain.

On any blockchain, each block includes cryptographic hash of the proceeding block. Data is recorded permanently onto a blockchain and cannot be modified. When used as a distributed, or public ledger, a blockchain is usually managed by a peer-to peer network of nodes (computers or servers) that communicate with each other via a unique inter-node communication protocol. As new blocks are generated and validated, they are broadcast to all nodes across the network. These nodes then keep a record of all information stored on the blockchain.

What makes cryptocurrency blockchains so special ?

Cryptocurrency blockchains have certain characteristics that make them special:

  1. Borderless – there is no distinction between any country.
  2. Decentralized –  there is no central point of control, such as a central bank authority or government.
  3. Immutable – you cannot censor, freeze, or cancel transactions.

What is a token?

A token is a type of cryptocurrency that represents a particular asset or utility. Such an asset can reside on top of another blockchain. Tokens can represent any interchangeable and tradeable asset.

What is an altcoin?

“Altcoin” is an abbreviation for “alternative cryptocurrency coins” and refers to any coin other than bitcoin. Altcoins are usually referred to simply as “coins.”

What is an ICO?

An Initial Coin Offering (ICO) is a means of seed funding and crowdfunding used to raise capital for a startup or other project through the issuance of a new cryptocurrency or cryptographic token. These new cryptocurrencies or cryptographic tokens are issued via blockchain technology. Not all cryptocurrencies or ICO tokens are issued on new blockchains, as most of them are created using other well-established blockchains, such as that of Ethereum.

What are smart contracts?

Smart contracts are digital, self-executing contracts that contain the terms of the agreement between the buyer and the seller in the contract’s code. Smart contracts are kept inside a distributed, decentralized blockchain network which makes them transparent, traceable, and irreversible.

What are exchanges?

An exchange is a platform on which one cryptocurrency can be bought or sold for a specific, ever-updating price. The price is determined by free market rules (i.e. supply and demand). An exchange is also used in order to convert fiat money, such as USD or EUR, into cryptocurrency. There are currently thousands of coins traded over numerous exchanges. Altcoins are mostly traded via Bitcoin or Ethereum. In other words, users have to first purchase Bitcoin or Ethereum to be able to buy most altcoins. To exchange altcoins to fiat currencies, traders will usually have to sell them first to Bitcoin or Ethereum, before being able to exchange them for fiat money.  

What is a whitepaper?

A whitepaper is an in-depth report that a blockchain-based project, such as an ICO, produces to present necessary information about the project to others. A whitepaper should include the origin of the project and the vision that leads it, the product and how will it be used, market and competitor analyses for the project’s field, and the team that created the project. The whitepaper should include information about the technical details, terms, usage of the tokens or coins of the blockchain-based project or ICO. Investors rely on whitepapers to evaluate various blockchain-based projects and identify which projects may be potentially profitable.

What is ROI?

ROI is an abbreviation for “Return On Investment”. It is a measurement used to express the investment’s profitability.

 

General Questions About Cointelligence’s ICO List

How can an ICO get published to this list?

Regular listing: In order to include your ICO on our list, please fill out the form found HERE. Every ICO that enters our system is thoroughly vetted. This process is completed by Cointelligence’s research team. During this process, our research team gathers all of the information regarding the ICO and validates it.

Premium listing: Cointelligence offers a premium package for ICOs. This package includes the following:

  • Diverting more user traffic toward the ICO’s site by appearing higher on our ICO list and having more features on the ICO profile page.
  • Getting researched and evaluated faster.

In order to purchase this package, please contact us at [email protected]

IMPORTANT NOTE: Purchasing a premium package will never affect the rating that an ICO receives.

How can the information on an ICO profile be changed or updated?

If there are any changes or updates to be done, please send an email to our research team at [email protected] Please keep in mind that Cointelligence presents only valid data and that changes will be made only after our research team validates the proposed.

How can an ICO be removed from the list?

In order to remove an ICO, please contact us at [email protected] and specify the reason for your request, as well as a proof that the removal is being requested by all members of the ICO’s team.

Where is it possible to buy an ICO’s token?

Cointelligence is not an exchange platform. Tokens can be bought via the ICO’s official website.

How do I choose an ICO to invest in?

There are many factors to consider when making a decision to invest in an ICO. Luckily, we have written an entire guide regarding this matter. You can find this guide HERE.

Disclaimer: The information provided in this website is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney, financial advisor, or other professional to determine what may be best for your individual needs.  

 

General Questions About Cointelligence’s Rating System

How does your rating system work?

You can find a detailed explanation of our rating system HERE.

What is the meaning of an ICO profile score?

An ICO’s profile score represents the informed opinion of our rating board, based on their research. It is not a guarantee of the success or failure of the project, merely an analysis of all the available facts.

What is the meaning of the risk score?

The Cointelligence risk score is not an indicator for the project’s quality, but rather it is an indicator of the probability that the project will or will not be realized. You can read more about the risk score HERE.

Who rates the ICOs?

Our team of crypto experts rate each ICO. Each expert is a long-standing and well-regarded member of the crypto community. In order to help ensure that our ratings stay impartial and objective, we do not disclose the the identities of our experts.

If you would like to apply to be a crypto expert on our team, please contact us at [email protected]

Can an ICO pay for a better rating?

No! Never!

How can an ICO ask for a re-evaluation or an update of their ICO score?

Please contact our research team at [email protected] in order to be re-evaluated. Keep in mind that a score will change only if the ICO has improved its quality in the different fields listed in the rating system. The score is a reflection of the state of the ICO and in order to improve it, the ICO must improve as well.

 

Frauds and Scams

What are the actions Cointelligence takes in order to protect users from fraudulent ICOs?

At Cointelligence, we follow our own proprietary method focused on deeply researching the ICOs documents, team, and vision. Our method consists of:

  1. Website and Whitepaper – We go through an ICO’s website and whitepaper, making sure the ICO has both items and that they include the information regarding the ICO’s vision as well as method of realization. During our research we look for warning signs that may indicate a fraudulent ICO, such as plagiarism, an illogical concept, no long-term plan, or use cases that do not align with the main idea.
  2. Data validation – We make sure the data on the site, in the whitepaper, in social media posts, and in online publications is accurate, original and valid. We also look for a wide range of warning signs, including:
    • Fake pictures of team members
    • Unrealistic or unchanging values (e.g. amount raised, timers, bonuses, and sale stage)
    • Fake wallet address or email address
    • Censored, closed, or minimal responses from the ICO’s team to the public’s questions on social media and online forums
    • Falsely claiming to be traded on main exchanges
    • Having a non-existing smart contract (e.g. on Etherscan for Ethereum-based tokens) or an open-source project that has empty repositories, or no repositories, on GitHub
  3. Team authenticity – A real ICO must have a team of employees with active social media accounts that details the team members’ experience in past projects. The team must also be willing to perform a KYC process with us. The biggest warning sign here is an ICO with an anonymous team that have no other sign of existence. It is very important that teams are researched in order to learn about their past experience, recommendations they hold in the crypto community, and examples of their work on their social media accounts. Red flags are raised when advisors have irrelevant professional backgrounds or when investors who invest very small amounts of money appear on the main page of the ICO’s website.
  4. Economically Reasonable – We make sure that the financial model of the ICO is reasonable and logical. Here, we look for the following warning signs:
    • Disproportionate distribution of tokens, mining, or earnings that lean toward the development and management teams
    • No hard cap, a very large difference between the soft cap and the hard cap, or no refund guarantee
    • A promise of success or other guarantee as a part of the ICO

How can I learn more to protect myself from investing in a scam ICO?

There is a lot you can do to protect yourself from scam ICOs. Read more about what you should look out for in the article we published HERE.

How can I report a scam?

If you believe a certain ICO to be a scam, please contact our research team at [email protected]

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