China Ranks 31 Crypto Projects | News ICORating
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China Ranks 31 Crypto Projects

China Ranks 31 Crypto Projects

China’s Center for Information and Industry Development has released a third ranking of crypto projects comprising a list of 31 companies. EOS remains at the top, followed by Ethereum and Nebulas. The center’s initial ranking was announced in May and covered 28 projects. Since then EOS, Nebulas and Gxchain have been added.

According to Chinese media agency Cena, the ranking is based on a “comprehensive investigation and evaluation of the public chain from three aspects: basic technology, application and innovation”. A further explanation is offered as follows: “The basic technology [aspect] mainly assesses the technical level of the current public chain, including evaluation of functions, performance, security and decentralization. The application [aspect] mainly examines the comprehensive ability of the public chain to support practical applications, including node deployment, wallet application, development support and application implementation. The innovation assessment focuses on continuous innovation in public chain open source code, including the number of contributors, code updates, and code impact”.  

According to ICORating’s report, ICO Market Research Q1 2018, China is among the leading countries for staging ICOs. EOS heads ICORating’s list of the most successful completed projects by amount raised.

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