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YOUR RESEARCH WING

Credit Rating and Due Diligence focused on Blockchain based projects

CREDIT RATING IS CRUCIAL IN THE BLOCKCHAIN AND CRYPTO INDUSTRY DUE TO LACK OF REGULATIONS. A SYSTEMATIC AUDIT FOLLWED BY AN ACCREDATION CAN REDUCE THE SCAMS IN THE INDUSTRY.

ICO Tokens and Crypto Currencies

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 108 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 ICOs Total Funds Raised
2014 2 $16,032,802
2015 3 $6,084,000
2016 29 $90,250,273
2017 872 $6,101,438,558
2018 928(and counting) $6,028,714,036 (and counting)
2019* 1280 $7,000,000,000
2020* 1950 $9,500,000,000
2021* 2500 $11,000,000,000
Total $39,742,519,669

*Estimated Values

Advantages to new ICO's

  • Investors can trust the project more
  • Institutional investment is higher
  • Much easier in getting listed on high volume exchanges
  • Understanding the loopholes in the infrastructure through technology audit

Advantages to Exchanges

  • Smaller exchanges don’t need to have token audit teams by getting CREBACO certified token on their platform
  • More retail investment
  • Higher volumes

Advantages to Blockchain

  • Systematic technology audit
  • Evaluation of Application, efficiency and security
  • Feasibility of the project
  • Sustainability of the project