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How Strong is Steem's Community? 'FCAS' - A New Measure of Project Success for Crypto Tokens Added To CoinMarketCap.com. by ura-soul

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· @ura-soul ·
$8.69
How Strong is Steem's Community? 'FCAS' - A New Measure of Project Success for Crypto Tokens Added To CoinMarketCap.com.
***CoinMarketCap announced today that they have integrated a new feature called 'Fundamental Crypto Asset Score' which is said to measure many paramaters relating to crypto projects to assess their viability... Let's take a look.***

FCAS is an index and scoring system calculated by combining data relating to the project's Github/coding activity level, it's user activity level on the blockchain and other metrics. The idea being that it should be possible to assess how relatively active a cryptocurrency project is, both in terms of end users and developers - such that investors can have more to go on when making decisions of which projects to explore and buy into.

### Steem Ranks a Class 'C' and is just about in the top 50%
---
As you can see on the [coin market cap page for steem](https://coinmarketcap.com/currencies/steem/#ratings), the FCAS for Steem ranks it on the borderline between average and great:

![Selection_126.png](https://files.steempeak.com/file/steempeak/ura-soul/jsmhs32Z-Selection_126.png)

As we move up the league table in CMC, the scores get better, with both BAT and DASH scoring an 'A':

![Selection_127.png](https://files.steempeak.com/file/steempeak/ura-soul/3hjxcUVF-Selection_127.png)

![Selection_128.png](https://files.steempeak.com/file/steempeak/ura-soul/Se6DmWtM-Selection_128.png)

Strangely, EOS scored an 'S', but was still in the top as far as the numerical score goes - I havent been able to find out what 'S' means yet.. It could even be a bug.

Currently Ethereum and Bitcoin are at the top of the ranks, with ZRX at the same level of them - which was something of a surprise to me.

Wishing you well,
Ura Soul
---
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vote details (223)
@cloudspyder ·
$0.05
Steem is C while Doge is B. I don't get it. Steem is more sexy than anyone else I guess, it should be A or attractive...

Posted using [Partiko Android](https://partiko.app/referral/cloudspyder)
👍  
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vote details (1)
@gniksivart ·
I think one of the metrics is age of the crypto/blockchain so doge has been around for a while and that could help its score.
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@ura-soul ·
I don't know exactly how it's calculated - it could be that Doge coin has more active trading and that is weighted more heavily than other factors.
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@gniksivart ·
$0.06
Yeah I want to do some more research as well. S is the top rating that you can get so I don't understand how EOS can be so high while Dan also created Steem and it can be an S. 

Cardano is an A and does it even have a main net or any dapps running yet. If so I haven't heard of any and so I'm confused at how cardano is ranked higher than Steem.
👍  
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vote details (1)
@lordbutterfly · (edited)
These ratings, i can only conclude from the presented, originate from the butt region, i.e. _someone pulled them out of their ass._

None of this makes any sense.
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@gniksivart ·
I'll agree with that.
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@ura-soul ·
I imagine they are using stats that are more finance related, while claiming the data is more about other types of stats. Where did you see the reference to S being the best?
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@gniksivart ·
https://partiko.app/@dragosroua/crypto-ratings-added-to-coinmarketcap-steem-is-getting-a-c I guess he just says he assumes S means superb. I thought i saw some numbers in screenshots and it looked like cryptos with s rankings had the most points followed by A then B so just assuming S is the best I guess.

Posted using [Partiko Android](https://partiko.app/referral/gniksivart)
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@tamiil ·
I play video games a lot and S is always the best rank you can get in those, that's how I know. :P
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@pennsif ·
This post has been included in the latest edition of  [**SoS Daily News**](https://steemit.com/steem/@pennsif/sosdailynewsnewsaboutthestateofsteem19march2019-6kzyjuojjr) - a digest of all the latest news on the Steem blockchain.
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@steem-ua ·
#### Hi @ura-soul!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your **UA** account score is currently 6.970 which ranks you at **#92** across all Steem accounts.
Your rank has improved 1 places in the last three days (old rank 93).

In our last Algorithmic Curation Round, consisting of 377 contributions, your post is ranked at **#42**.
##### Evaluation of your UA score:

* You've built up a nice network.
* The readers appreciate your great work!
* Good user engagement!


**Feel free to join our [@steem-ua Discord server](https://discord.gg/KpBNYGz)**
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