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RE: Coinmarketcap soon to show letter grades next to each crypto project
That seems like an incredible bias scoring system. Does Cardano even have a main net out yet and if so, who is even developing on cardano. At least Eth, EOS, and Tron all have Dapps.
I also find it hard to believe that the EOS score and Steem score are so far apart especially since both were created by Dan. I guess I'm not questioning Steem getting a C, but most of those other projects in the screenshot don't deserve that high of a grade in comparrison.
EOS is better than steem in most ways that you could possibly score it. The only thing steem has going for it is a few apps with slightly more users currently. However with millions of dollars being thrown at developers, EOS is going to get a killer app sooner rather than later. Follow the money...
@theycallmedan would disagree, and he doesn't live in an echo chamber.
https://steemit.com/dtube/@theycallmedan/bwtw86cg
The EOS ram situation is not ideal.
Also, the ability to communicate with and tip anyone who you think is bringing value to the space is pretty unique to Steem at the moment.
I can't take those grades seriously because of all the shit I've heard very smart people talk about Cardano. And I have personal experience of what a dumpster fire Justin Sun and Tron bring to the table.
Regarding EOS, most of their issues are solvable. Also, they have a war-chest of cash that isn't bested by anyone in crypto. They have some of the smartest developers working with them, and they have a way to pay/compensate new developers that build cool things. That gives them a tremendous leg up on steem which mostly relies on speculation by Asian investors to give it much value beyond what it is currently, which is then used (via upvotes) as a quasi tip for developers like you mentioned.
I hold a few dozen EOS. Thought i might as well buy some.
For the love of me i cant figure out anything to use it for.
EOS might be the best project in the world but all i see when i browse its sites is shitcoin airdrops and gambling transaction spam.
I mean even the blocktivity site shows EOS at 14% of max blockchain capacity and theres literally nothing of any real worth built on the blockchain.
Yet...
They are the most well capitalized project in all of crypto and it's not even close. I am not a fan of theirs, but I follow the money...
Sure.. Problem is that even if they had another truck load, or 5, of cash and had this to show for, it wouldnt make any difference to me.
I still wouldnt know what id use it for.
That's fine. That is when the most money is made on an investment. You don't buy something for what it is today, you buy it for what it could be in the future.
Well. You buy it when its undervalued. When something with great potential and utility is ranked 45 and the other thing is ranked 5 that has great potential but very little current utility... I think one might be a better investment then the other.
Problem is that the crypto market very rarely makes sense in its choices.