HomeBlockchainMarket Index FCAS 25: The crypto winter never happened

Market Index FCAS 25: The crypto winter never happened

The consulting firm Flipside Crypto tried to answer questions about the crypto market by creating an index called FCAS 25, based on the evaluation of three specific components for digital values:

  • Market maturity;
  • Developer behaviour;
  • Practical use.

With regard to market maturity, this involves assessing the liquidity of markets and operators, as well as measuring their ability to assess the risk/return ratio.

Developers’ behaviour is the ability of the dev to work in an organic and continuous way and to deliver quality products.

The practical use involves evaluating the spread of virtual currency and the resulting applications among operators.

FCAS means Fundamental Crypto Asset Score, a virtual currency score based on fundamentals and refers to the first 25 virtual currencies.

The score is assigned on a scale starting from S as “Superb”, for scores from 900 to 1000, for exceptional projects, to F for “Faltering”, for projects with scores below 500.

market index fcas crypto

The result of the time trend of the FCAS 25 index is far from negative and indicates a healthy market for virtual currencies.

market index fcas crypto

The average score for the sector is above 790, an interesting value and, above all, an increase compared to mid-2018. The analysis of the individual components is also interesting:

market index fcas cryptoIn blue we have the overall score, in green the market maturity, in decline after the boom in early 2018, in red the use, growing strongly and in black the developers, whose commitment in the first 25 projects remains very high.

Overall, the most interesting element is its use, which is constantly growing.

As the CEO of Flipside Crypto said:

“The reason it [the index] exists is it’s important to discern whether the industry is achieving growth or not, because everything is often clouded by speculative behavior, especially related to price,” said Dave Balter, CEO of Flipside Crypto. “We hear a lot of ‘well the industry must be over,’ but it’s far from over, it’s humming”.

After all, the indicators speak for themselves: at least for the main projects the winter is closing and it seems that a spring full of results is beginning.

Fabio Lugano
Fabio Lugano
Graduated with honors from Bocconi University, Fabio is a consultant for companies and wounded shareholders of the Banche Venete. He is also the author of "Scenari Economici", and lecturer and analyst of cryptocurrencies since 2016.