• Fri, 06 Dec 2019, 12:39 PM
  • All times are UTC
  • Edition:
Copy link
Increase text size
Decrease text size
Link copied

CoinMarketCap adds Flipside’s Fundamental Crypto Asset Score to its platform

Tue, 19 Mar 2019, 11:03 am UTC

CoinMarketCap, a provider of price and market cap data for cryptocurrencies, has partnered with Flipside Crypto and has added Fundamental Crypto Asset Score (FCAS) metric to its platform.

Flipside Crypto CEO Dave Balter made the announcement via an online post on Medium.

Headquartered in Boston, Flipside Crypto is market intelligence platform providing fundamental data on all major cryptocurrencies. The company is backed by Coinbase, Founder Collective, Digital Currency Group, True Ventures and others.

The FCAS metric is a single, consistently comparable value for measuring cryptocurrency project health using thousands of variables across three core algorithms – customer activity, developer behavior, and market risk. The FCAS scoring system rates crypto assets on a 1,000 point scale and with a letter grade.

The FCAS has now been added to CoinMarketCap, alongside other leading publishers including MarketWatch, TheStreet and Stocktwits.

“We’re excited to announce that CoinMarketCap — one the world’s most trusted and accurate source of price and market cap data for crypto currencies — has begun listing FCAS on all of its crypto detail pages,” Walter said. “This follows financial publishers MarketWatch, TheStreet and Stocktwits, which began distributing FCAS in Q1 2019.”

He explained that Flipside Crypto has been tracking FCAS for almost two years and currently provides data on more than 450 projects.

Speaking to CoinDesk, Carylyne Chan, head of global marketing at CoinMarketCap, said that these metrics will bring more transparency as to how these projects are evolving.

“If I’m a new user coming in with more tools and fundamental analysis like FCAS, the focus will be more holistic as opposed to only looking at the front page with the price,” she explained.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $7,410.16 (-0.66%)
  • Ethereum (ETH) $148.08 (-0.52%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $212.18 (-1.07%)
  • Litecoin (LTC) $44.94 (-0.86%)
  • Bitcoin (BTC) $7,410.16 (-0.66%)
Dec 6, 2019 (Friday)
Crypto Technicals: LTC/USD extends sideways, finds strong support at 42.45 (Trendline)
South Korean consortium to provide blockchain-based ID services via mobile app in 2020
Crypto Technicals: BCH/USD intraday bias turns slightly bullish, scope for test of 20-DMA (220.99)
Bitfury launches enterprise blockchain platform ‘Exonum Enterprise’
CULedger reveals an EFT payment solution for credit unions in collaboration with R3, Luxoft
Reserve Bank of India governor against the development of private digital currencies
Ripple asks court to dismiss XRP securities lawsuit in latest filing ahead of court meeting
Crypto Technicals: ETH/USD struggles to extend recovery, finds stiff resistance at 200H MA at 149.77
Blockchain firm Figure Technologies hits $1.2B valuation after closing $103M Series C round
Blockchain firm ChromaWay acquires Antler Interactive after setting up its gaming arm Chroma Studios
Galaxy Digital-backed Flipside Crypto hires Accenture Managing Director Matt Bridges as COO
Crypto Technicals: BTC/USD rangebound in the Asian session, struggles at 200H MA
Canadian mining firm goes belly up; Owes local, federal government hundreds of thousands
New crypto derivatives trading platform Phemex can manage 300,000 TPS, says core developer
Microsoft creates blockchain-based incentive scheme with Enjin to recognize active members of Azure community
Dec 5, 2019 (Thursday)
Dunamu’s crypto subsidiary DXM partners with Ledger to launch custody service for institutional clients
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Crypto Technicals: LTC/USD pauses downside, bullish RSI divergence raises scope for upside
U.S. financial regulators call for continued monitoring of digital assets and DLTs
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.