Maker (MKR) Rating

Maker (MKR)

Stablecoin, collateral loans, and decentralized governance

Description

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Maker is a smart contract platform that has its own proprietary token, MKR. It also works alongside its stablecoin, called DAI. Put simply, it aims to be pegged to the USD by using Ether as collateral. It does this by using Collateralized Debt Positions (CDPs), to retain a constant price for Dai.

Key advantages of Maker are its unique collateralization and its decentralized ecosystem. There are no intermediaries to rely on as it is entirely reliant on users and developers, and its permission-less model means no one user can change the protocol.

Hype and Reach

Maker (MKR) seems to have a decent reach, along with a solid social following. The project has relatively good hype, with some buzz on social websites relating to the project.

Community Trust/Red Flags

The community trust score relating to this project is excellent, suggesting that there are almost no reports of fraud, red flags or other concerns in regards to the project.

Transparency

Maker (MKR) appears to be transparent with regards to its business operations, with a privacy policy, legal disclaimer and some contact details available to view on its website.

Backing

This project has the support of some venture capital companies, other institutions or noteworthy backers. Projects which are backed are sometimes accepted as low risk.

Product Completion

The completion score for the project is excellent, suggesting that the full product/mainnet has been launched successfully.

Conclusion

Maker has a great final score. The project is probably of reasonably low risk for possible investors. Projects with scores in this area ordinarily have a good team, very good community trust, and some backing.

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

Scores


79%
Hype Algorithm
83%
Reach Algorithm
100%
Product Completion
75%
Contact Info / Privacy Policy
100%
VC Backing
100%
Community Trust
92%
Result

MetricsParsed: 09/17/2018 22:23:35

Alexa Rank:198,539
Ahrefs Domain Rank:60
Google Mentions:21,600,000
Whitepaper Word Count:3,763
Telegram Subscribers:183
Twitter Followers:13,507
Tweets:497
Github Stars:686
Github Contributors:53
Github Forks:309
Github Commits:9,628
Linkedin Employees:46
Linkedin Followers:707

Team

Rune Christensen

CEO

Andy Milenius

CTO

Steven Becker

President & COO

Soren Peter Nielsen

Head of Product

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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