EOS, Ethereum and Komodo are the top 3 coins according to the Chinese Government

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August 20, 2018 by
EOS, Ethereum and Komodo are the top 3 coins according to the Chinese Government

Surprising, yet real. The China Centre for Information Industry Growth (CCID) has actually released its fourth ‘Crypto project rankings’, where the leading 3 positions have actually been taken by EOS, Ethereum as well as Komodo. Bitcoin goes to the 10th setting.

CCID started the ranking procedure in May, where it placed a total amount of 28 cryptocurrencies. Throughout the following 3 months, it added 2, one as well as two coins specifically to the listing. The current ranking that it has launched puts EOS as well as Ethereum in the top 2 positions.

Nonetheless, the largest surprise is Komodo rising up to the Third position from it’s previous ranking of 10. It is stated to be an enthusiastic job which allows independent blockchain designers to start their own job and also set up an ICO. Additionally, a decentralized exchange is on the cards of the project.

Ranking Technique
China Electronics News Agency, which is controlled by CCID, says that the position are supplied based upon “A comprehensive examination as well as assessment of the general public chain from three facets; standard modern technology, application and development”.

Nevertheless, the positions do rule out the financial point of view, that includes the coin price, market capitalization and also the trading quantities, which warrants why Bitcoin is not in the leading position.

In addition to these, Nebulas is rated Fourth, NEO at Fifth and also Outstanding at 6th. Remarkably sufficient, some of the top coins by market cap, such as Surge, Bitcoin money and Litecoin, do not showcase in the top 10 of CCID’s rankings.

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