Steem FCAS Score Upgraded to "A"

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FCAS A.jpg

We are happy to announce that after leveraging software developed by the Steemit Team to integrate data from the Steem blockchain into their system, Flipside Crypto has upgraded Steem’s FCAS rating to an “A.”

Flipside Crypto made headlines when it partnered with coinmarketcap.com to provide sophisticated fundamental health data to the market.

FCAS A image.jpg

This improved score validates what we’ve known all along; that the Steem blockchain is a world-class protocol capable of delivering value to developers on par with any other decentralized platform.

FCAS is a comparative metric used to assess the fundamental health of crypto projects. The score is derived from the interactivity between primary project lifecycle fundamentals: User Activity, Developer Behavior, and Market Maturity. - flipsidecrypto.com

To view more FCAS scores, visit: https://app.flipsidecrypto.com/fcas-scores

If you’d like to learn more about Flipside Crypto and their FCAS rating system, check out our interview of Flipside’s CEO, Dave Balter:

The Steemit Team



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103 comments
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Congratulations team! Glad to see Steem be validated by such an important site!

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That's awesome! Well done guys!

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Congratulations @steemitblog! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 50 comments. Your next target is to reach 100 comments.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!
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Great news. We know Steem can work and the world should be paying attention. This gives it a little extra credibility.

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This is what I'm taking about! Steem getting the recognition it deserves!

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@thecallmedan so you are Dan who is very famous on steemit can you introduce yourself

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I guess you confuse him with @dan (Dan Larimer), the co-founder of STEEM, but nowadays also @theycallmedan is rather 'famous' (and in my opinion a very positive acting whale) within the STEEM community without any doubts. :)

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68 rep ladies and gentlemen

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Steem deserves more recognition than this though but I am quite sure it's just a matter of time. I also commend the effort of Steemit Inc and the steem witnesses for their great continuous impact on the platform.

What do you actually think we can do to help Steemit gain more recognition it deserves @theycallmedan?

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The only thing that matters is the price... these FCAS scores are like the government trying to tell us a swamp is good real estate because the soil composition is rich in nitrogen for farming, but everyone knows its a swamp you cant farm there... these FCAS scores woudl eb NICE if teh PRICE was going up... no one cares, we need PRICE action and the ONLY WAY to fix that is ONBOARDING USERS.. we have crazy witnesses liek @gtg seriously giving up thinking that its Too expensive to onbaord anyone unles sthey "add value" when no we just are in a leadership droubt and we need infrastructrue paid for by the person with teh largest stake,

in fact @ned would only have to pay his share for onbaording costs, im sue other whales even dolphisn and minnwos woudl donbate to a fund to help onbaord millions of new users...

we need new users because eout of every few thosuand new users onbaorded you might have oen who invests a lot or who talks someoen into investing in some steempower for them to use etc.. also steem on coinbase... they added us to coinbase custody list sow e need to just get adde dtor egualr coinbase and get on twitter whne to coinabse on twitter like digibvyte and chainlink peopel did, if stinky linkies canm get on coinbase, STEEM should be, ESPECIALLy afte rthe FCAS score

actualy this fcas score miught help steem get added to coinbase proper faster

theyve since aided a lot of these already

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no no no :-)
I'm not that crazy, it's a bit more complex thing.
We are decentralized after all, not all are looking for decentralized, censorship free, some maybe don't know that yet, until they hit the reality hard. Easy onboarding - I'm all for that. But that should be easy for users and the blockchain. We can do that in a variety of ways, one of them might be through some centralized entity. If more of them, better. Then you can jump to the other side of the mirror.

Crazy? I'm not crazy.. OK, a little ;-)

By the way I'm claiming accounts slowly (not enough for even a one day of onboarding) but they are there to be used.
I'm pretty much looking for some good frontend solution so users with claimed accounts could securely use them for efortless onboarding.

One of the ideas for SPS.

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(Edited)

Steem Ninja (@oracle-d) tokenized their account tokens with Steem Engine. It's very easy to swap those to an account. I tried it out and works easy.

https://steemit.com/invite/@oracle-d/introducing-invite-token-mine-steem-accounts-through-delegation

Also:

We expect that this will allow for an 'invite a friend' process to happen instantly on steem. In a couple of weeks we will also open source the steem ninja widgets to allow for any account holder with a number of claimed accounts to tokenise them on Steem Engine, this will allow for whales to easily create liquid markets for their accounts via tokens. Both solutions will bring liquidity, ease of sale and instant onbaording to steem

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@gtg I know you are actually one of the active and hardworking witness on the steem blockchain. I just hope you discus with other witnesses about the complex problem and come up with a beneficial solution.

I believe it is always advisable to seek the opinions of others in a situation like this. I apologize on behalf of @ackza calling you crazy if you feel very bad about it even though he was actually expressing his mind.

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(Edited)

No need to apologize, I'm OK with @ackza :-)
(And he's actually right to some extent ;-) )
And of course, we are looking for solutions all the time.
Thank you.

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Hmm... Nice point @ackza but I hope you also know that every crypto price or worth is depending on the value of BTC. There were times whereby steem used to worth more than $1 during the days of high worth of BTC.

I actually think the witnesses and Steemit Inc are really working hard to make this happen even though it's just gonna take time but trust me I strongly believe steem price will worth more than the present value when it's time.

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(Edited)

I believe it's a matter of time before our Market Cap consumes many millions of bitcoins, eth, and other alt's with less use case and clunky addressing. We need to work on our Witnesses and getting more users involved with consensus. If this is done via GUI/ ubuntu images people burn with balenaEtcher , or other means to make things simpler for the average user. (Does bitcoin only have CLI full stack wallets and miners? No excuse for steem year three with this many world class developers)

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For sure I feel so inspired, like we're on a 2nd start to become FOREVER!

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another small step in the right direction along with all the other things that have been happening here.
Do we know what kind of following flipside crypto have?

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STEEM needs marketing, it has to be done.

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Cmon let’s see a nice big massive green candle followed by another big green candle

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Excellent and congratulations to the entire Steemit team because it is an achievement of each one of the Team Members. regards

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It's about time!

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(Edited)

This is great news. Previously Steem had a "C" rating with 73 other projects receiving a higher rating. This rating upgrade may go a long ways as we are likely on the eve of many new investors making their way into crypto... Nicely done Steemit,Inc!

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  • 3 S
  • 37 A
  • 27 B

Not bad...

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Better than the alternative!

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Im very proud of these new scores and suggest @nathanmars add this and blocktivity.info #5 rank as mandatory images steem users must post on twitter as part oif the #seven77 challenge ... so many steemians post on twitter now, and they should all be posting under #blockchain #cryptocurrency and deliver THESE tow images to all the cryptocurrency focused twitter users they can hit:

and THIS image

We just post THESE two images everywhere on twitter and here https://reddit.com/r/bitcoin thats where we can find all our new users and investors, BILLIONS in bitcoin up for grabs here, and we just need some sort of reddit tip bot that lets anyone who collects 3 steem to create a steem account via steeminvite.com or invite.steem.ninja

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When did Kin get up there?

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Yeah weird to see KIN up there, I wonder what sort of blockchain it is supposed to run on again? something unique like the TON gram telegram chain?

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(Edited)

I haven't looked into it much... they don't have their own chain? It's for KIK right?

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Yeah its for the KiK messaging app, i would rather invest in EOS based SENSE messaging app ;)

Maybe I can get SENSE on @steem-engine

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(Edited)

Haha that sounds great! I haven't heard of that btw, what does it do?

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It’s about time Steem got the recognition we all know it deserves. Congratulations to the Steemit Team on their hard work achieving this - I have no doubt it required a great deal of hard work and it would be nice for the community to recognize this.

Posted using Partiko iOS

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Exciting! Also great to see that all but one of my investments have A or better rating!

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Great news and great job reaching out to them to explain our particular metrics!

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Might not pull off a long green candle but this is definitely a good thing for us. Kudos!

Posted using Partiko Android

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nice great job steem team :)
steem to the moon soon $$

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Meanwhile STEEM is sitting at 3000 satoshis. Probably 2000 soon tm. :)

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@steemitblog WTF with steem price it is dropping like hell worst performance compare to other Alts why not Steem INC is concern about it All steem investors are worried i converted my BTC TO steem when it was 6700 satoshi and now 3000 satoshi , i Loss 100% in 2 month

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That's what they are concerned about, that's why they worked on this...

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Buy on the top
Sell it in the bottom.
Repeat step xD

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In order to sell in the bottom, there must be a bottom :D

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you should've invested in some healthcoins.

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We need great news like this. The team are doing a good job...

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Then we should see a rally back to $8 soon ? I see we are almost out of the Top 100 coins now....

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wtf they calculated it wrong, steem should be first.

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Good job Eli & Team! Progress is always GOOD!

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Nice! This is great news to hear and I'm glad our ecosystem and whatnot is looked upon with a positive attitude by the outside forces at be. :)

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Good job guys! Congrats on the achievement!

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I love Steemit 💞😀.. Keep winning 😊

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Commendable, praise should be given where it is necessary.

This is amazing

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It's a weird feeling. I want steem to get the recognition it deserves, but I also want more time to buy STEEM on the cheap...

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You've had a quite a large window to buy Steem. It's still open for now. I'm not sure how long it will be.

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FINALLY!!!! Community better wake up to the potential here. BUY LOW

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Accumulating while price's low is nice.

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7927.64 trees
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@martin.mikes coordinator of @kedjom-keku
treeplantermessage_ok.png

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FCAS is a comparative metric used to assess the fundamental health of crypto projects. The score is derived from the interactivity between primary project lifecycle fundamentals: User Activity, Developer Behavior, and Market Maturity.

Lot of works little helpful communication. Can we get a better discussion about what this means. And let's try to quote some better stuff... stuff that appeals to tens of thousands of normal humans

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Woow, this is a pleasure to read

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? you must be joking..

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WARNING: IF YOU REPLY TO THIS ACCOUNT YOU WILL BE FLAGGED, YOUR REP HARMED AND ALL OF YOUR REWARDS REMOVED. DO NOT ENGAGE WITH THE TRASH. YOU HAVE BEEN WARNED

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This year the world will wake up to True potential of our STEEM

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@steemitblog,
STEEM is getting the recognition, but STEEM is not yet got the price recognition. Where is the problem and what we should do?
I think we should have an open discussion and will implement a methodology to handle this situation as well!

Cheers~

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Very positive news, congratulations! :)

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This is great! :) a real good step forward

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That's awesome. Let's hope that this translates into attracting more investors.

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Very nice indeed. One more step forward for Steem. Well done

Posted using Partiko iOS

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When are you going to work on addressing the plummeting coin ranking and get STEEM listed on exchanges?

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Fascinating ... will be interesting to see how this affects the price of Steem...

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It's good to see Steem finally getting some recognition... we need more publicity that can differentiate us from the myriad other coins/blockchain projects out there... projects that often have pretty much NOTHING to offer aside from an idea and very little execution.

=^..^=

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(Edited)

Amazing time to buy more, only one problem i run out of money :(

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So now with this can we expect to see the buy orders flood in for Steem? I have my doubts.

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Really excellent news. Steem was being developed at a time when so many organizations seemed to be desperately looking for a way to shoehorn a blockchain into their functionality, and Steem is one of the few which used it in a way that makes perfect sense with the technology, and encourages engagement rather than a "hodl and speculate" mindset. Not a knock against BTC at all - I think a store of value is a vital use for blockchain as well, but Steem leverages the same power to incentivize real, active participation in a time when social networking desperately needed innovation. Glad to see it getting the recognition it deserves.

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Amazing, I'm excited for the listing on Coinbase one day

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