I agree there could be some of this. Though, I think most of its value comes from the F category. If a project is in there it probably means it is dead or very close to dead. Ones to steer clear of.
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I agree there could be some of this. Though, I think most of its value comes from the F category. If a project is in there it probably means it is dead or very close to dead. Ones to steer clear of.
They pull their data from public sites such as github. So, in theory, if a company has a low ranking yet their github is very active one could cry foul on the ranking. It is semi transparent.
I don't think it will be relied on enough to have as much of an impact as you are implying.
I suggest you do little research on who are the guys behind 'Flipside Crypto' (that is the company providing the ratings) and who are they connected to ...
it is a huge red flag !
Why is that? They state the majority of the info they use to come up with these ratings comes from github and other public sites.
What 'they state' is irrelevant . Go check their team individually . Go check background of their CEO , what he does besides 'Flipside Crypto' . These people have ZERO credibility to rate any crypto project , their background is mainly in marketing and selling snake oil ...