Founded in 2016 during the peak of the Initial Coin Offering (ICO) boom, ICORating established itself as an analytical agency focused on evaluating blockchain projects for potential investors. Its mission was to provide independent and objective analysis, research, and ratings to help investors navigate the high-risk crypto fundraising market. The company developed a standardized assessment methodology to score projects based on factors like their team, business model, and technical components, aiming to bring transparency to the emerging industry. However, with the decline of the ICO market, the company's activity has ceased.