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-
Founder, Borderless Ventures. Director, The CryptoAssets Institute. Co-Founder, NFT Factory Paris. A sought-after MC and moderator as well as a prolific keynote speaker at leading tech conferences including Web Summit, Collision, Vivatech, SXSW, Non-Fungible, Rise Hong Kong, Ethan currently educates and inspires audiences on web3 and the blockchain economy’s opportunities for brands and the creator economy. Through Borderless Ventures, Ethan runs the European Emerging Tech Investment Syndicate focused on web3, AI, and sustainable development.
Invite Ethan to speak at your conference or to inspire your employees and executives at your next corporate event.