BitShares (BTS) Rating

BitShares (BTS)

Your share in the Decentralized Exchange

Description

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BitShares was created in 2014 by Dan Larimer and is based on an open source blockchain implementation called Graphene. Its main goal is to be a fully-fledged decentralized exchange with value tokens tied to real-life assets, not a peer-to-peer currency. Users can convert cryptocurrencies into stable assets, called BitAssets, that are pegged to real life assets like USD or Gold. BitUSD, for example, is tied to the value of USD.

Hype and Reach

BitShares (BTS) boasts an excellent reach, with a great community following. The project has very good hype, with a great deal of buzz on social websites about the project.

Community Trust/Red Flags

The community trust score with respect to the project is very good, stipulating there are virtually no records of scams, red flags or other worries regarding the project.

Transparency

BitShares (BTS) is not transparent concerning business operations, which might be seen as a red flag in particular scenarios. It does not have a privacy policy, legal disclaimer or contact information accessible to view on its website.

Backing

The project does not have the backing of any venture capital firms, other organizations or noteworthy backers. This could indicate that the project is higher risk.

Product Completion

The completion score for this project is solid, indicating that the complete product/mainnet has been launched successfully.

Conclusion

This project has a relatively good final score, but there could be some underlying risks involved in investing in the project. Projects with scores in this area often have assorted ratings in different areas, and these must be assessed independently.

All potential investors are advised to study the BitShares (BTS) whitepaper, which is available to view here.

Scores


89%
Hype Algorithm
90%
Reach Algorithm
90%
Product Completion
10%
Contact Info / Privacy Policy
10%
VC Backing
100%
Community Trust
68%
Result

MetricsParsed: 09/17/2018 22:26:12

Alexa Rank:50,783
Ahrefs Domain Rank:70
Google Mentions:12,200
Whitepaper Word Count:11,133
Telegram Subscribers:10,921
Twitter Followers:90,995
Tweets:2,053
Github Stars:1,106
Github Contributors:163
Github Forks:1,184
Github Commits:27,206
Linkedin Employees:18
Linkedin Followers:528

Disclaimer

This ICO rating has been scored algorithmically using our proprietary ICO rating algorithm. This rating is for entertainment purposes only, and any information on this page should not influence any investment decisions. Rating scores are not human ICO reviews or analyses and do not determine the viability, trustworthiness or potential of any ICO project. Data used in our rating may contain errors.

The ICO rating above should not be considered investment advice, use it for informational purposes only. Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This rating should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset.

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