In 2017-2018, over 90% of the projects which raised ICOs/IEOs/STOs, either failed or were found to be scams. The reason for this being lack of regulations and policies without which the scope of scam projects increases.
Many new projects do not have enough technological expertise due to technology being relatively new. They don't find experienced professionals and advisors in the same.
When CREBACO does a credit rating it looks at the technological background, the financial projections, the legal status of the project, and of course the director's background including their credit scores and associated projects
CREBACO follows over 120+ parameters and is gradually adding more as the industry evolves to test a project based on the idea of the Trinity and the Ten Commandments.
|Year||No. Of Coin Offerings||Approx. Funds Raised|