The ICO listing and rating system will help investors determine the best and most promising ICOs to invest in
Cointelligence (https://www.cointelligence.com/), the data layer for the crypto economy that provides important tools for investors, is announcing today the launch of its ICO List and Rating System. The company is aiming to change the way the crypto community lives and breathes in order to create a more honest and scam-free environment. The ICO List and Rating System are now live on Cointelligence, and can be accessed by investors globally to determine the most promising ICOs to invest in.
Cointelligence believes that there is a growing need in the entire crypto community for an impartial and accurate rating system. A proper rating system must be one that is not influenced by ICO makers, advisors, and or bribes. Moreover, the rating system must be as accurate in order to gain trust from the crypto community. The rating system, developed by Cointelligence’s team of pre-screened and fully vetted crypto experts, offers an impartial rating system designed to give an accurate view of the project and its underlying ICO.
The Cointelligence system is completely impartial, and addresses the current weaknesses in other ICO rating systems, such as impartiality, validity, and potential for corruption of the raters. To counteract these weaknesses, Cointelligence is taking the following steps:
Impartial Raters – The experts are thoroughly vetted, and Cointelligence enlists a second layer of paid employees that go over ratings as well as makes sure the raters are not connected to the projects in any way. Additionally, the identities of the raters are kept anonymous in order to prevent solicitations or other actions, which may adversely affect the impartiality of the raters.
Valid Raters – Another issue is that almost anyone can become a rater. Cointelligence thoroughly vets their rating applicants and tests their knowledge and understanding of the crypto ecosystem and blockchain technologies prior to bringing them on as a rater.
Cointelligence measures the quality of each token using the following criteria:
Data Integrity- Looking at the website and the whitepaper of the ICO to check the validity and the quality of the information provided in both.
Team Identification – Each member of the team is researched via his or her social media accounts and activities. Cointelligence also looks into the team members’ past experience with other projects (GitHub for developers and social network profiles for other positions), as well as recommendations each member receives from the crypto community.
Vision – The raters look into how well defined the vision of the project is, how realistic it is, and the long-term plan that outlines how the vision will be realized.
Product – The product is examined to see how well it aligns with the vision as well as how mature it is (POC/MVP/Working Testnet/Mainnet).
Marketing – The marketing efforts for each project are examined for both quality and quantity of publications on social media and news websites.
Social Engagement – This part focuses on the number of community members who follow the project on different social networks, as well as their level of engagement and sentiment.
Each of the above segments is given a score of either 0-10 or high to low. These criteria also help to determine the risk score our raters give each project.
To find out more, visit the Cointelligence website (https://www.cointelligence.com/content/ico_list/) and join the Whitelist to stay informed about the latest news and collaboration updates.
Oil set for steady gains as economies shake off pandemic blues – Reuters poll
By Sumita Layek and Bharat Gautam
(Reuters) – Oil prices will stage a steady recovery this year as vaccines reach more people and speed an economic revival, with further impetus coming from stimulus and output discipline by top crude producers, a Reuters poll showed on Friday.
The survey of 55 participants forecast Brent crude would average $59.07 per barrel in 2021, up from last month’s $54.47 forecast.
Brent has averaged around $58.80 so far this year.
“Travel and leisure activity look set to catch up to buoyant manufacturing activity due to the mix of stimulus, confidence, vaccines, and more targeted pandemic measures,” said Norbert Ruecker of Julius Baer.
“Against these demand dynamics, the supply side is unlikely to catch up on time, leaving the oil market in tightening mode for months to come.”
Of the 41 respondents who participated in both the February and January polls, 32 raised their forecasts.
Most analysts said the Organization of Petroleum Exporting Countries and allies (OPEC+) may ease current output curbs when they meet on March 4, but would still agree to maintain supply discipline.
“With OPEC+ endeavouring to keep global oil production below demand, inventories should continue falling this year and allow prices to rise further,” said UBS analyst Giovanni Staunovo.
Oil demand was seen growing by 5-7 million barrels per day in 2021, as per the poll.
However, experts said any deterioration in the COVID-19 situation and the possible lifting of U.S. sanctions on Iran could hold back oil’s recovery.
The poll forecast U.S. crude to average $55.93 per barrel in 2021 versus January’s $51.42 consensus.
Analysts expect U.S. production to rise moderately this year, although new measures from U.S. President Joe Biden to tame the oil sector could curb output in the long run.
“A structural shift away from fossil fuels” may prevent oil from returning to the highs of previous decades, said Economist Intelligence Unit analyst Cailin Birch.
(Reporting by Sumita Layek and Bharat Govind Gautam in Bengaluru; Editing by Arpan Varghese, Noah Browning and Barbara Lewis)
Japan’s jobless rate seen up in January due to COVID-19 emergency measures – Reuters poll
TOKYO (Reuters) – Japan’s jobless rate is expected to have edged up in January as service industry businesses suffered renewed restrictions on movement to fight spread of the coronavirus in some areas, including Tokyo, a Reuters poll of economists showed on Friday.
While industrial production activity picked up in Japan, emergency curbs rolled out last month such as asking restaurants to close early and suspending the national travel campaign hurt the jobs market, analysts said.
The nation’s unemployment rate likely rose 3.0% in January, up from 2.9% in December, the poll of 15 economists found.
The jobs-to-applicants ratio, a gauge of the availability of jobs, was seen at 1.06 in January, unchanged from December, but stayed near September’s seven-year low of 1.03, the poll showed.
“As the impact from the coronavirus pandemic prolongs, it is hard for firms, especially the service sector, to expect their business profits to improve,” said Yusuke Shimoda, senior economist at Japan Research Institute.
“So, their willingness to hire employees appear to be subdued and it is difficult to see the jobs market recovering soon.”
Some analysts also said the government’s steps to support employment and existing labour shortages will likely prevent the jobless rate from worsening sharply.
The government will announce the labour market data at 8:30 a.m. Japan time on Tuesday (2330 GMT Monday).
Analysts expect the economy to contract in the current quarter due to the emergency measures to counter the spread of the disease.
(Reporting by Kaori Kaneko; Editing by Simon Cameron-Moore)
China’s economy could grow 8-9% this year from low base in 2020 – central bank adviser
BEIJING (Reuters) – China’s gross domestic product (GDP) could expand 8-9% in 2021 as it continues to rebound from the COVID-19 pandemic, Liu Shijin, a policy adviser to the People’s Bank of China, said on Friday.
This speed of recovery would not mean China has returned to a “high-growth” period, said Liu, as it would be from a low base in 2020, when China’s economy grew 2.3%.
Analysts from HSBC this week forecast that China would grow 8.5% this year, leading the global economic recovery from the pandemic.
If 2020 and 2021’s average GDP growth is around 5%, this would be a “not bad” outcome, said Liu, speaking at an online conference.
China is set to release a government work report on March 5 which typically includes a GDP growth target for the year.
Last year’s report did not include one due to uncertainties caused by the coronavirus. Reuters previously reported that 2021’s report will also not set a target.
(Reporting by Gabriel Crossley and Muyu Xu; Editing by Sam Holmes and Ana Nicolaci da Costa)
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