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RE: Weiss Ranking System: How STEEM Got Such A High Mark: Do Not Touch Bitshares???
Thanks for the post @taskmaster4450. Just yesterday I've been reading news section on Weiss CC rating site. I wouldn't say the content quality is superior there. This rating agency is trying to produce ratings in CC field, its good to have professional rating player doing this. But we all should keep in mind - they have just 3-4 blockchain experts in the team that help them rate the projects. Rating agency itself is good at doing rating stuff, but whole crypto tech field is being covered by just 3-4 experts.
My personal choice is to respect their rating but just as one of many other opinions with weight. This simple thing: "Do your own research" stays true and up to date
Spot on! Personally I’m glad with the rathing that Steem got and it will give some extra exposure to Steem. But honestly I don’t care about the ratings. In my opinion they are just scammers trying to get some cash. They ask about $400 for their ratings and just wanted to be first.
Remember that rating companies are responsible for some major financial crashes!
Absolutely!
Unfortunately, whenever there is interest and multiple options... then someone is going to rate things.
At least Weiss has 4 to 5 Blockchain experts on staff.... they know corporations and publications will want this data, so I'm glad some research is going into it at least.... a lot bigger decisions have been made off much worse information.
I agree. Nobody should take their word as gospel.
But what this post does reveal is the criteria they use.
Anyone is free to accept or reject those 7 criteria as valid or not.
It is one tool....and also something to generate some publicity for STEEM.