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

It’s the first sale of tokens. Most often, money is collected for advertising the main ICO.

Bounty is a way to get tokens in exchange for helping the project, for example, by promoting it in social media, translating to another language or referring to friends. All ICOs with bounty programs could be found here.

‘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 in informational purposes and does not constitute financial, legal or other advice. Please, read our Disclaimer for more information.
‘Interest Level’ weighs three factors: Hype Level, Risk Level and ROI 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.

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.

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. For example, Wanchain was initially assigned a hype level of "normal", now it is updated to ‘high’ since they postponed the token sale and have accumulated a large base of loyal token buyers.