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 true. The China Centre for Information Market Development (CCID) has actually released its 4th ‘Crypto job positions’, where the top 3 positions have actually been taken by EOS, Ethereum and Komodo. Bitcoin is at the 10th setting.

CCID started the ranking procedure in May, where it rated a total amount of 28 cryptocurrencies. During the complying with 3 months, it added 2, one and also 2 coins specifically to the listing. The current ranking that it has actually launched puts EOS and also Ethereum in the leading two positions.

Nonetheless, the biggest shock is Komodo rising up to the Third position from it’s previous position of 10. It is stated to be an ambitious task which allows independent blockchain developers to begin their very own task and also set up an ICO. Also, a decentralized exchange gets on the cards of the job.

Ranking Technique
China Electronic Devices News Agency, which is controlled by CCID, says that the ranking are supplied based upon “An extensive examination and also examination of the general public chain from 3 elements; basic modern technology, application and also advancement”.

Nevertheless, the rankings do not consider the financial point of view, which includes the coin cost, market capitalization and the trading volumes, which justifies why Bitcoin is not in the top setting.

Besides these, Nebulas is ranked 4th, NEO at Fifth as well as Outstanding at 6th. Surprisingly enough, several of the leading coins by market cap, such as Surge, Bitcoin money and also Litecoin, do not feature in the leading 10 of CCID’s positions.

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