Steem rates as the #6 best crypto project according to Weiss Ratings
Weiss Ratings just came out with their Annual Crypto Ratings, and Steem did very well.
You may have heard of Weiss Ratings, they do ratings on stocks, banks, insurance companies, mutual funds as well as a whole host of investing products, and are very highly regarded in the investing community.
Last year they started including crypto projects as well in their ratings system.
It was and is a very big deal to have cryptocurrencies added to the list of financial products they rate.
Their annual report came out the other day and they had Steem ranked #6.
They gave steem a "B+" rating and they said it was based off of a combination of technology and adoption.
Better than the rest?
This was a much better ranking than both the CCID (10th) and Coinmarketcap (74th) gave steem recently when they came out with their grades respectively.
For more information, the Weiss Ratings website can be seen here:
And their annual crypto report can be seen here:
Stay informed my friends.
-Doc
Shit! Doc @jrcornel. I also would like to be included in your little trail of comments autovotes.
I wouldn't mind earn more than 1 dollar through an octet of upvoters each time I upvote my own comments.
What do I have to do to join the club?
Yep! I'm such a generous chap, that with this comment I want to give you $1.00 extra dollar when you reply. LoL
👍🧐👍
Yep.
at least it's in the list eh? :)
I guess, though it was number 2 at one point...
For me it's number 1, because I only look on steem, how it grows and shrinks. I wanna mention steem in my book. Not bitcoin, not etherium etc only steem, I am biased.
But I agree with B+, because steemit have problems. It feels like instagram with better functionality.
Yea it seems it is all based on price. When prices go up people come here and use the site, when it goes down, they leave.
It's everywhere)) People love popular stuff, and popular stuff is what people love))
I think people mostly just love the money.
We love things that money gives.
True.
This may not be extraordinarily profound, but it might be, and it is absolutely true.
I wouldn’t trust any report that has XRP as number one. That is laughable.
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Be that as it may, I think XRP has more real world uses than just about any other project currently. Business are actually using it... today.
Only the corporate elite and fools use XRP. We as a community should stand for principle rather than a quick ROI. In my opinion there is nothing that XRP can do that decentralised crypto currencies cannot. #shitcoin
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That is likely very true... and perhaps we should. Though easier said than done.
Steem suffers from bad PR and spammers. Many community members are putting in the effort to change this image and combat bad actors. With the continuing development of dapps and we passionate people we will succeed.
Hopefully. I would like to see steemit,inc raise some money from investors and then use that to get some exciting things built. Hoping developers build cool stuff on here for free is not likely to work out.
Surprised (but happy) to see Litecoin and Cardano there! I guess Litecoin still has legs to run and move this market forward while Cardano hopefully will get something delivered soon!
That would be ok with me!