The Crypto Rating Council (CRC) is changing up some of its scores. In fact, it’s adding three whole new ones on top of adjusting some previous ones as well.
These three brand new scores are for Brave Browser’s Basic Attention Token (BAT), USDCoin (USDC), and IOTA (IOTA), a blog report from the council notes.
Of course, these assets are “traded, transacted or supported in some capacity as a non-security by at least one CRC member’s U.S. business,” which is part of the criteria for listing them.
Then, it changed the scores it has given to Maker (MKR) and Polymath (POLY). However, these score changes shouldn’t come as much surprise, as the Council consistently reviews its scores and makes points to adjust them if necessary.
However, it’s important to keep in mind that the project’s score isn’t necessarily a deep-dive into the asset. Instead, it serves as more of a general overview that focuses on consistency and other things.
Those more interested in the rating process will enjoy the last excerpt from the blog post:
“In the coming months, the CRC expects to release its analytical framework, publish additional asset scores, and continue to engage the developer community.”
We’ll have to see how enthusiasts react to this framework after it’s released.
Remember, all trading carries risk. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.