China’s Center for Information and Industry Development has updated its crypto project ranking for this month, moving BTC up several places while still favoring EOS and Ethereum. The center explains its evaluation model and outlines future projects.
China’s Crypto Ranking Update
China’s Center for Information and Industry Development (CCID), under the country’s Ministry of Industry and Information Technology, released its revised crypto project ranking last week. This is the center’s seventh update. The number of crypto projects evaluated remains at 33, unchanged from the previous ranking.
EOS continues to occupy the top position of the overall ranking, followed by Ethereum. The two projects have been in the same spots since the center’s June update. This month, the center upgraded BTC from the 19th place in the previous month to the 13th place. BCH, which endured a contentious hard fork on Nov. 15, dropped one position to the 29th place. Decred sank to the bottom of the list with NEM trailing close by. In the previous ranking, NEM was at the bottom of the list.
Thirty-three crypto projects were ranked based on their basic technology, applicability, and creativity, as well as overall. In the creativity category, BTC tops the list. EOS claims the number one spot in the basic technology category while Ethereum ranks first in the applicability category.