Re: Whats wrong with Coinmarketcap?

I checked it out, there are a lot of coins that don't even have a website,

is anyone here that is part of that websites managment?

regards

I did not quite understand your question. As far as I know, Coinmarketcap adds only those coins whose trading volumes exceed $ 50,000 per day and doesn't evaluate other criteria for coins.

Yes, coinmarketcap focuses on the value of the coin and not on what forms of communication it has. Apparently, a website is not the most important aspect

As far as I know, coins that listed on Coinsmarketcap are potentially legit and passed them a platform and I think a website is included on that. When it is listed they focusing on the price value and volume. So, no need to worry if there's not shown website in Coinsmarketcap as a referral whether it is a good project.

so there are still countless empty scamcoins alive on it?

i mean those are distracting market attention from projects that are actually seeking to improve something

regards

No, not necessarily. As it got mentioned already, it requires min. trade volume (50k$) daily. This is a barrier most scam coins will not overcome. And they do on an ongoing basis some cleaning. But they do not do any checks, whether a coins might be a scam coin. Here you Need to do your own due dilligence.