IOST Listed on Blocknomy Crypto Research & Ranking Platform, Ranks 11 out of 73 Crypto Assets
IOST is now listed on Blocknomy Crypto Research & Ranking Platform, with a score ranked at 11 out of the listed 73 crypto assets. The ranking is assessed based on a range of parameters: Product Progress, Team, Token Fundamentals, GitHub activity, Marketing & PR, Partnerships, and Uniqueness.
Blocknomy.net is a data-driven crypto assets research tool that utilizes Human & Machine Intelligence to provide unique insights, analytics, and social statistics to simplify crypto research.
Blocknomy aims to provide unbias and impartial reviews to crypto assets. The sole intent for the Blocknomy platform is to self-educate and provide a mathematical approach towards ranking & rating of crypto assets which is based on a diverse range of parameters. Since crypto is a new & upcoming asset class, it requires a new form of analysis and that’s exactly what Blocknomy tries to achieve & deliver. It cuts down on all the technical jargon, know-how and streamlines them into byte-size information for easy understanding.
In the future, Blocknomy will integrate a ranking review of a curated dapps list across various categories.
Check out Blocknomy at:
- Official website: https://blocknomy.net/index.php
- Official Twitter: https://twitter.com/blocknomy
Blocknomy- Review & Rating Parameters
There are numerous parameters linked to a particular crypto project’s gradual growth, drive, and sustainability. At Blocknomy, the most indicative parameters are chosen to rate and review crypto assets to give a clear, unbiased & impartial overall score. These parameters are defined as follows:
• Product Progress:
The score depends on the current state of the product i.e. if it’s in ideation phase or beta mode or has been fully deployed. Blocknomy also takes into consideration the growth of users if the product is launched on the mainnet. A higher score is given when the product is deployed for public/enterprise use.
• Team:
The team score depends on the size of the employees & members working on the project/company. Plus, it also determines the past accomplishments of the top executives (CEO, CTO, COO) & the years of experience they have in their respective fields. Advisory board members (if any) are also evaluated & added to the total team score.
• Token Fundamentals:
Token fundamentals are dependent on the different token metrics of the project viz. the total supply of the token, circulating supply, tokens sold during the public sale, token held/locked by the team, token standard (ERC20 or others) & token algorithm (POS or POF). Projects with a deflationary token burn mechanism are given a higher score.
• Github Activity:
Github activity determines the development activity of the project. Github is an online platform that simplifies the process of working with other people and makes it easy to collaborate on projects. This technical engagement is termed as “events” which include code lines, pull requests, issues generated, views, stars & the number of commits made. Therefore, the higher the engagement/events, the higher the score will be.
• Marketing & PR:
One of the crucial aspects of the widespread adoption of a product or project lies in its marketing & promotion. Therefore, Blocknomy evaluates all online or offline advertisements run by the project, such as digital ads (Facebook, Google, etc.), billboard ads, influencer campaigns, referral campaigns, affiliate campaigns & their social media outreach.
• Partnerships:
Genuine partnerships validate crypto projects & increase their trust-factor. The score depends on the number of current partners onboard and their type of association. Noteworthy or any bluechip partnerships are given a higher score.
• Uniqueness:
More often than ever, crypto projects lose out due to not finding the right market-fit or facing high competition from existing players. The uniqueness score reflects the degree of competition faced by the project with respect to its domain, vision, market sector & overall attributes. A project with less competition is more unique and vice versa.
After calculating the above-mentioned parameters, the Blocknomy Score is generated which is the final score of the particular project. It is to be noted that, the scores are not constant & automatically update with respect to the project’s growth.
About IOST
Supported by Sequoia, Matrix, ZhenFund and other world-class investors, IOST is a blockchain platform developed for online service providers, empowered by its unique, next-generation Proof of Believability consensus.
The IOST project team is currently mainly composed of R&D personnel focusing on blockchain distributed technology. The team is formed by more than 50 blockchain industry experts who have graduated from world top universities such as Princeton, Stanford, MIT, Tsinghua University, and Beijing University, and have more than three years of blockchain-related research experience.
With a one-year-old mainnet, IOST has swiftly risen to become a world-leading public chain renowned for its numerous government collaborations and enterprise partnerships around the world. IOST is one of the Big Four public chains with a rich user base and real applicability alongside Ethereum, EOS, and TRON. 500,000 community members, over 20 countries worldwide, and over 400 nodes, top staking economy, and growing.
If you would like to hang out with the IOST community on chat, social media or to discuss product development, we have something for everyone:
- International English Telegram Group: https://t.me/officialios
- IOST Announcement Channel: https://t.me/iost_announcements
- IOST Official Twitter: https://twitter.com/IOST_Official
- IOST CTO Terry Wang Twitter: https://twitter.com/terrence_iost
- IOST CEO Jimmy Zhong Twitter: https://twitter.com/jimmyzhong_iost
- Slack Developer Community: https://invite.iost.io
- Uptrennd: https://www.uptrennd.com/iost
- Reddit: https://www.reddit.com/r/IOStoken
- Facebook Page: https://www.facebook.com/IOSTofficial/
- Facebook Group: http://bit.ly/IOST-FB-Group
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