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China Crypto Ranking

时间:2020-07-15 05:00来源:未知 作者:admin 点击:
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The Ministry of Industry and Information Technology of China (CCID) has published the fifteenth project ranking of the most successful and valuable cryptocurrencies. Once a month, the Ministry publishes a report that assesses cryptocurrencies in various areas and thus provides an overview of technological development and its usability for the economy.

The CCID index is made up of various indicators that try to represent complex projects in a tangible matrix. The index describes that the usability in practice as well as their use in everyday life in real life plays an important role. In addition, the popularity of the project is evaluated and influences the overall ranking.

The ranking is intended to provide investors, companies and the general public with the most important information briefly and concisely in the form of a ranking. In the past, the ranking has already been heavily criticized in the community and its expressiveness has been questioned.

In contrast to the CCID ranking, Weiss Ratings has downgraded EOS from B to C as a result of suspicion of centralization of the network.All in all, it can therefore be said that the rankings presented should not be used as the sole source of information to assess a crypto market project and certainly not to make a sound investment decision.

Author : Collin Brown

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