A brief summary about "icodrops" and why is it important

What is an ICO?

An ICO (Initial Coin Offering or Token Sale) is a type of fundraising where in exchange for money (Bitcoin, Ethereum, or fiat currency) investors receive tokens (coins). Projects that launch an ICO promise an investor that tokens will have value and can be used after the ICO.

What is ICODROPS?

ICO Drops is an independent ICO (Token Sale) database and is not affiliated with any ICO project or company.

It is an independent database/site created that segregates ICOs into three useful lists active ICOs, Upcoming ICOs, and Ended ICOs for everyone who is interested in ICOs and wants to stay current on the topic.

One can get their upcoming ICOs details submitted with ICODROPS for spreading awareness and advertisement purposes.

Some Features of ICODROPS:

Interest level

Interest Level is a rating system designed to inform users about noteworthy token sales. When composing the rating only short-term conditions and parameters of a particular token sale are analyzed. ‘Interest Level’ is provided merely for informational purposes and does not constitute financial, legal, or other advice.

Hype Level

This factor relies on the size and quality of the actual audience interested in the project on social networks, chats, and on the internet. Spam and bounty activity is sorted out. Then, the remaining activity is compared with other ICO campaigns running at the same time and relevant completed token sales.

ROI Level

This factor shows how much token price could change over the short- and mid-term. The factor depends on the ICO conditions and performance of similar projects in retrospect. The "Interest Level" rating is updated once the factors have changed.

Risk Level

This factor reflects the conditions of participation in the token sale (% of tokens available for fundraising, hard cap, personal hard cap, pre-sale results, buyback, etc). This factor may suggest that the exchange price could be lower or higher than the price during the ICO.

Example #1. A project with a $20M cap receives $10M after pre-sale. The pre-sale went with a 40% bonus. During the main token sale, the rest of $10M is sold out. Those who bought the tokens on the pre-sale could fix the profit (about 40%) by dumping their tokens right away.

Example #2. If a project puts up for sale a small percentage of all tokens (e.g. 10-15%), they can easily manipulate the exchange price.