China Releases New Crypto Rankings
China’s Center for Information and Industry Development has released its latest rankings of 35 crypto projects that were evaluated over the past two months. The Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, released the 12th update of its crypto project rankings Thursday. In addition to the overall ranking, the CCID published three others based on basic technology, applicability, and creativity sub-categories.
“The result of this assessment will allow the CCID group to provide better technical consulting services for government agencies, business enterprises, research institutes, and technology developers,” the center previously explained. The overall ranking is based on the total index scores of 35 crypto projects. The total index of each crypto project is the weighted average of its three sub-indices: the basic technology index, the applicability index, and the creativity index.
“The basic technology sub-index mainly assesses the level of technical realization of the public chain,” the center described, adding that the key areas evaluated under this category “include the function, performance, safety and decentralization of the public chain.” In this category, the top five crypto projects are Bitcoin, Ethereum, Lisk, EOS and Tron. For this category, the top five crypto projects are Ethereum, Neo, Nebulas, Tron, and Ontology, which are unchanged from the previous ranking for this sub-category.
