[ad_1]
Boston-based crypto market intelligence firm Flipside Crypto, a company that characterizes cryptocurrencies by tracking Blockchain transaction data, has released the FCAS25, a mechanism that tracks the overall health of the cryptocurrency industry over time. The mechanism revealed that the industry health has been on the rise through 2018 and early-2019, as the crypto space has been experiencing a cleanse following increased regulation of ICOs but also by allowing institutional capital back into the picture.
FCAS stands for Fundamental Crypto Asset Score and is comprised of three fundamental metrics: User Activity, Developer Behavior, and Market Maturity.
Dave Balter, CEO of Flipside Crypto said:
“When cryptocurrency prices are down, everyone worries about industry health. But price is a poor indicator for whether cryptocurrency projects and platforms are gaining customers or delivering product to the market. We developed the FCAS25 to provide clarity into the fundamental health of cryptocurrency organizations, that isn’t reflected in price. The data proves the cryptocurrency industry is far from over. As a matter of fact, it’s humming.”
Eric Stone, Chief Data Scientist of Flipside Crypto, added,
“Developer Behavior has demonstrated remarkable consistency and resilience over time, gradually increasing among the FCAS25 throughout the last 2 years. This demonstrates there continues to be a healthy commitment among the teams supporting the ongoing improvements to the top crypto projects.”
“More importantly,” said Stone, “User Activity saw a dramatic increase toward the end of 2017, but unlike the public-exchange-based metrics such as price, this metric has sustained its post-crypto-bubble levels, and even increased among the top projects. While investor interest has waned since early 2018, the top projects have successfully increased on-chain traffic and utilization of their projects; a sign of underlying fundamental health.”
- Bitwise Asset Management report Claims 95% of Bitcoin Trading Volumes are Fake, Overstating True Size of the Market – March 30, 2019
- Flipside Crypto’s Release of the FCAS25 Mechanism Shows Health of Crypto Industry has been on the Rise through 2018/19. – March 29, 2019
- Digix is launching DigixDao Platform, Joining Ranks of Pioneering Decentralised Autonomous Organisations in Singapore – March 28, 2019
- Quedex on Brink of Becoming World’s First Regulated Crypto-Centric Futures and Options Exchange, after in-principle Decision from GFSC – March 27, 2019
- Ugandan Orphanage able to Sustain Itself through Cryptocurrency Donations from Listeners of National Radio Show – March 26, 2019
- Blockchain-based Entertainment Platform ‘Blue Baikal’ opens Pre-Registration Event Connecting Producers, Influencers and Consumers – March 26, 2019
- French Crypto-Friendly Pacte Law Passes Second Reading in National Assembly, Senate Next – March 25, 2019
- Bamboo Capital Partners, Government of Togo and Moeda Seeds Bank Join to Launch the Bloc fund to Consolidate Social Development – March 25, 2019
- Western Union Joins Stellar Partner Thunes to Use Blockchain to Speed Up Transfers – March 25, 2019
- Dragonchain Announces Partnership with Humanitarian Organization M2030, Facilitating Donation Processes with Blockchain to Fight Malaria – March 21, 2019
- PUBLIQ Named Finalist by UK Parliamentary Group for Blockchain Application in Media Category – March 20, 2019
- FashionTV Leaps into the World of Blockchain by Partnering up with Decentralized E-commerce Platform WAAM – March 20, 2019
- Kudelski Security Announces Partnership with Hosho To Secure Blockchain Ecosystems – March 19, 2019
- Blockchain Goes Hollywood is Expected to Attract Blockchain and Crypto Experts, Investors and Celebrities to Epic multi-day Event – March 19, 2019
- Blockmason and Bitsonic Announce Token Generation Event for BLINK, Link’s Utility Token – March 15, 2019
- DX Exchange and Perlin Network Bring Tokenized Apple and Facebook Stocks to Empower a vast new Population of Retail Investors on the Blockchain – March 15, 2019
- Forte And Xpring create $100 Million Fund To stimulate Mainstream Use Of Blockchain In Games – March 13, 2019
- Private Jet Instant Booking Platform Announces Security Token Offering (STO) – March 12, 2019
- Samsung SDS is announcing its plans to innovate in various fields with Blockchain and Intelligent Process Automation – March 12, 2019
- The Fourth Global ICO / STO Report tells us ICOs are Growing Less, but Growing Up – March 11, 2019
[ad_2]
Source link
