Decred (DCR) Rating

Decred (DCR)

An autonomous digital currency

Description

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Decred launched in 2016 with the aim of creating a more robust digital currency by solving blockchain governance. It uses a hybrid consensus system to strike a balance between miners and users, ensuring changes cannot be made without community consent, thus creating a more equal and fair system.

Hype and Reach

Decred (DCR) boasts an exceptional reach, together with an outstanding community following. The project has substantial hype, with plenty of buzz on social media about the project.

Community Trust/Red Flags

The community trust score for the project is exceptional, stipulating that there are little to no allegations of fraud, red flags or other worries concerning the project.

Transparency

Decred (DCR) is not transparent with regards to commercial operations, which may be observed as a red flag in particular cases. It does not have a privacy policy, legal disclaimer or contact details accessible to view on its website.

Backing

The project has the support of some VC companies, other institutions or prominent backers. Projects that are backed tend to be perceived as low risk.

Product Completion

The completion score for the project is exceptional, suggesting that the complete product/mainnet has been released successfully.

Conclusion

Taking all metrics into consideration, this project has a solid final score. The project is likely of reasonably low risk for prospective investors. Projects with scores in this range typically have a decent team, excellent community trust, and some backing.

Any potential investors are advised to study the Decred (DCR) whitepaper, which is available to view here.

Scores


87%
Hype Algorithm
90%
Reach Algorithm
100%
Product Completion
10%
Contact Info / Privacy Policy
100%
VC Backing
100%
Community Trust
88%
Result

MetricsParsed: 09/17/2018 22:27:01

Alexa Rank:191,459
Ahrefs Domain Rank:63
Google Mentions:6,700
Whitepaper Word Count:14,198
Telegram Subscribers:4,025
Twitter Followers:39,742
Tweets:1,382
Github Stars:1,073
Github Contributors:135
Github Forks:745
Github Commits:3,436
Linkedin Employees:20
Linkedin Followers:355

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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