This is great news for the crypto community as a whole, more focus on the fundamentals of cryptocurrencies is sorely needed just as Dave Balter (partner at Flipside Crypto) stated in his Medium article.
FCAS isn’t a nice-to-have. It’s a rating system investors need, and arguably one that’s required for the entire crypto industry to transition into a sophisticated, understood asset class.
So you might be thinking where EOS has placed in the new rating system given how strong its fundamentals are? Well of course EOS has come out on top clinching the number 1 position on the FCAS rating system with a total score of 915, Ethereum came in a close second with score of 909 and in 3rd place was Bitcoin with 885 HEALTH points.
So this is obviously great news for EOS and you would think that the major cryptocurrency media outlets would be praising the token for its achievement?
Well unsurprisingly the answer to that question is NO, not only is there no headlines declaring EOS as the winner, EOS is not even mentioned in the following articles from 2 of the biggest crypto media outlets.
I did however find EOS mentioned in this article from CoinSpice.
So basically unless you’re following Brendan Blumer or Daniel Larimer (CEO & CTO of Block.one) on Twitter or your active within the EOS community you would have no idea at all that EOS has topped the list because it seems the majority of the major cryptocurrency media outlets have an agenda against the EOS cryptocurrency. This is a shame in my opinion as I think all coins/tokens can benefit from the success of EOS and its strong fundamentals.
But enough of the negative talk, let’s focus on this amazing achievement and look forward to what the future has in store for EOS and our community!
This saying comes to mind..
We’ll end this article with a great video from Colin Talks Crypto describing exactly how the FCAS ranking system works. Be sure to subscribe to Colin’s YouTube Channel for loads of great EOS content.
Disclaimer. EOSwriter does not endorse any content or product on this page. While we aim at providing you with all the important information we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.