CoinMarketCap has announced that it is implementing the Fundamental CryptoAsset Score (FCAS) framework in its rating system.
Like credit scoring, the FCAS will create a more objective competitive landscape for CryptoAssets. The fact that CoinMarketCap is implementing it is a strong signal of increasing market maturity and customer/investor confidence. FCAS is a combination of User Activity, Developer Behavior, and Market Maturity Fundamentals leveraging dozens of data points.
As examples: EOS and Ethereum (ETH) have S Superb ratings. Bitcoin (BTC) has an A Attractive rating. Tether (USDT) currently has an F Fragile rating.
The project has the backing of Coinbase, Digital Currency Group and True Ventures.
More info on FCAS here: https://www.flipsidecrypto.com/fcas-explained
Catch my full BLOCKTV interview here: https://blocktv.com/watch/2019-03-19/5c91585bc1696-crypto-crunch-coinmarketcap-handing-out-grades-
Director at The CryptoAssets Institute, evangelizing the blockchain economy across Europe and Southeast Asia, advising government administrations, corporations, and funds on tokenization. Founder of Borderless Ventures focused on FrenchTech, CEE, and ASEAN startups. Former Managing Partner, Nest Venture Capital.
Ethan is a highly sought-after keynote speaker and advisor on the Blockchain Economy and CryptoAssets, particularly Tokenized Securities. He’s also passionate about entrepreneurship, European and Southeast Asian innovation ecosystems and startup scale, as well as corporate-startup innovation. He is a frequent media interviewee and available for TV, radio/podcast, print, and video.
Invite Ethan to speak at your conference or to inspire your employees and executives at your next corporate event.