Post
Topic
Board Altcoin Discussion
Topic OP
Scoring coins on Tech, Community, Devs, Name and Market Cap
by
dagelf
on 19/06/2015, 06:15:09 UTC
...It's kind of the obvious thing to do. Fund someone to do some real reasearch on all coins, and score them according to some useful criteria.

But before I do it, I'm sure it's been done before. Anybody seen efforts like these?

For example, just a quick unvalidated score for Bitcoin, out of 5:

Tech: 3
Devs: 5
Community: 5
Market Cap: 5
Name: 4

Overall: 4.4

Tech: The technology behind it. Is it sound, well understood and useful? Does it do what it says it does?
Devs: Are the developers seasoned? Have they been working on this for several years? Do they work on other projects, currently? (bad) Have they worked on many other projects in the past? (good) How are they funded and motivated?
Community: Is the currency known and do enough trusted individuals use and actively promote it? (From the perspective of a few non-computer Joe-Averages on the street!)
Market Cap: Is there enough money in it?
Name: If you asked 100 random people if they liked the name and if it explained sufficiently well what it is, would most of them respond yes, or no?

To overcome a scoring bias and be of actual use, it needs to be done properly and in a wide enough audience, though. But it needs to be concise enough to be of use.

So has anyone seen such efforts? Any ideas to improve such an effort?