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 Info Industry Growth (CCID) has actually launched its 4th ‘Crypto job positions’, where the leading 3 positions have actually been taken by EOS, Ethereum as well as Komodo. Bitcoin goes to the 10th placement.

CCID started the ranking process in May, where it rated an overall of 28 cryptocurrencies. Throughout the following 3 months, it included two, one and two coins specifically to the listing. The current ranking that it has released puts EOS and Ethereum in the leading 2 placements.

Nevertheless, the most significant shock is Komodo rising up to the Third placement from it’s previous ranking of 10. It is claimed to be an ambitious project which permits independent blockchain developers to start their very own job and installed an ICO. Also, a decentralized exchange is on the cards of the task.

Ranking Method
China Electronics News Agency, which is regulated by CCID, claims that the position are given based on “A thorough examination and also analysis of the public chain from three facets; basic technology, application as well as advancement”.

However, the positions do rule out the financial perspective, which includes the coin cost, market capitalization as well as the trading volumes, which justifies why Bitcoin is not in the leading setting.

Apart from these, Nebulas is ranked Fourth, NEO at 5th and Stellar at 6th. Surprisingly enough, several of the top coins by market cap, such as Ripple, Bitcoin cash money as well as Litecoin, do not showcase in the top 10 of CCID’s rankings.

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