You are viewing a single comment's thread from:
RE: Coinmarketcap soon to show letter grades next to each crypto project
I don't think it will be relied on enough to have as much of an impact as you are implying.
I don't think it will be relied on enough to have as much of an impact as you are implying.
I suggest you do little research on who are the guys behind 'Flipside Crypto' (that is the company providing the ratings) and who are they connected to ...
it is a huge red flag !
Why is that? They state the majority of the info they use to come up with these ratings comes from github and other public sites.
What 'they state' is irrelevant . Go check their team individually . Go check background of their CEO , what he does besides 'Flipside Crypto' . These people have ZERO credibility to rate any crypto project , their background is mainly in marketing and selling snake oil ...
While that may be true, if a coin's ranking doesn't match up with the activity that is happening on their github repository, one can cry foul. There is at least some transparency to these things...
I am going to get some snake oil , looks like you would be a good customer ;-)
Look I am not doubting what you say I am just saying it might not be as big an issue as you say. Just because mobsters often run casinos doesn't mean there aren't fair games and that you still can't win money in them from time to time...