The China Center for Information and Industry Development (CCID) has released the eighth cryptocurrency asset rating. EOS is still the leader, while the newcomer Ontology, which ranks 28th at CoinMarketCap, suddenly took the fifth place. This is reported by Bitcoin.com.
In total, the new version of the rating contains 34 cryptoactives. As can be seen from the table below, EOS, Ethereum and GXChain are in the top 3. It is noteworthy that the latter occupies only the 106th line of CoinMarketCap and is traded on only a few cryptobirds.
Since the publication of the previous version of the rating, Bitcoin has rolled back from the 13th to the 18th line. According to Chinese analysts, the first cryptocurrency is surpassed by such assets as Komodo, Nebulas, BitShares, NEO, Steem, Lisk, Ark, Stellar, Waves, Ethereum Classic, Qtum and Cardano. Close the list of Litecoin, NEM and Decred.
When compiling the ranking, CCID experts rank cryptoactives according to the following criteria: basic technology, innovative potential and practical applicability. Returning to Ontology, note that the analysts highly appreciated the underlying technology of the asset.
Its [Ontology’s] main network was launched in June 2018. In this assessment, Ontology has outstanding performance in basic technology and application, with a composite index of 112.6, ranking fourth in the [overall] list.
The main goal of Ontology developers is to create a network uniting the blockchain and the real economy. The project focuses on digital identification and trust management.