Weiss Rating for CryptoCurrency

in #crypto6 years ago

Quite interestingly, I noticed there is even an rating agency for Cryptos. You do need to sign in but they actually assign grade to different crytos...Surprisingly, Bitcoin (BTC), supposedly to be the grandaddy of all cryptos, is assigned a grade C+ as of yesterday. There are only a few were given B or higher grade, such as EOS, ETH, ADA, etc. I'm not exactly sure what kind of mechanism they are based on and to be completely honest, just have no idea how you can compare all cryptos in a single-lined ranking whereas they are serving for variety of different function and utilities.

Any one has any idea about ranking system and any thoughts? Please share.

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Weiss has been rating stocks for a long time and now they are beginning to rate cryptos. Very interesting...

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