# Indorse Announces Partnership with ICOCrunch to Drive Transparency Among ICO Projects
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2018-05-21
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Indorse & ICOCrunch Partner to Boost ICO Legitimacy
Meta Description: Indorse, the blockchain-powered social network for professionals, has partnered with ICOCrunch to add an extra layer of legitimacy to ICO projects. Through
URL: https://financedigest.com/indorse-announces-partnership-with-icocrunch-to-drive-transparency-among-ico-projectshtml

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_The decentralized social network for professionals will provide verification for ICOCrunch’s ICO Index_

[Indorse](https://indorse.io/), the blockchain-powered social network for professionals, today announced a  partnership with [ICOCrunch](https://icocrunch.io/), an independent research platform that showcases initial coin offering (ICO) projects. Through this partnership, Indorse will assist ICOCrunch in adding an additional layer of legitimacy to projects on their platform. Once a project has been verified through Indorse, they will then receive a badge of recognition on the ICOCrunch listing index.

Commenting on the announcement, GaurangTorvekar, CEO and Co-founder of Indorse said, “It is remarkably simple to fabricate “team members” or “advisors” as sitting on the [board](https://www.financedigest.com/bottlenecks-supply-problems-improving-at-abb-robotics-division-board-member.html "Bottlenecks, supply problems improving at ABB robotics division – board member") of a blockchain startup without first obtaining their consent. Currently, this is dangerously prevalent within the space, and without anyone to monitor fraudulent ICOs, this could adversely affect the innovation and creativity that the blockchain space thrives on.”

Indorse’s relatively new [feature strives to combat](https://www.financedigest.com/youtube-expands-shopping-features-to-combat-digital-ad-slowdown.html "YouTube expands shopping features to combat digital ad slowdown") these problems: theIndorse platform guarantees the authenticity of a project, by validating the team members’ and advisors’ connections with the project, through the blockchain.

ICOCrunch [provides a platform](https://www.financedigest.com/impact-com-acquires-pressboard-providing-publishers-with-a-best-in-class-platform-for-branded-content-as-digital-advertising-is-deprioritised.html "impact.com acquires Pressboard, providing publishers with a best-in-class platform for branded content as digital advertising is deprioritised") for cryptocurrency investors, both experienced and amateur alike, to make sound investment decisions on the latest ICOs. Through the provision of daily project analysis, the platform enables investors to select ICOs that reflect their beliefs and [risk appetite](https://www.financedigest.com/u-s-dollar-climbs-to-two-year-peak-as-risk-appetite-tumbles-yuan-drops.html "U.S. dollar climbs to two-year peak as risk appetite tumbles; yuan drops"), and therefore empowers them to make more informed investment decisions. To this effect, the [partnership with Indorse further bolsters ICOCrunch’s offering](https://www.financedigest.com/u-s-says-it-has-agreed-pacific-islands-partnership-offering-big-dollar-aid.html "U.S. says it has agreed Pacific Islands partnership, offering ‘big dollar’ aid") through a thorough verification process.

ICOCrunch will affix the Indorse logo for companies that have been validated through Indorse on their ICO review section, in order to showcase that the ICO [Projects have validated their advisors and team](https://www.financedigest.com/italys-de-nora-teams-up-with-ges-on-hydrogen-battery-project.html "Italy’s De Nora teams up with GES on hydrogen battery project") members, adding an additional layer of transparency and credibility to the projects. Through the integration between the two platforms, ICOCrunch will be better equipped to give the public trustworthy advice on ICO participation, providing much sought-after credibility and legitimacy for ICO investors.

“Partnering with ICOCrunch not only showcases the real [need](https://www.financedigest.com/when-you-need-an-it-partner-not-just-a-helpline.html "When you need an IT partner, not just a helpline") for the verification of projects within the space, but also just how well the new Indorse feature can be implemented across alternative platforms. This relationship brings us one [step](https://www.financedigest.com/struggling-british-pig-industry-calls-for-tesco-to-step-up.html "Struggling British pig industry calls for Tesco to step-up") closer to reaching our goal as the torchbearers in this ever-changing industry,” concluded Torvekar.


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