/cryptoRatingStandard

This document the standard used in crypto collateral rating for Libra Credit

cryptoRatingStandard

For accepting more crypto as collateral in libra loan platform, we need a standard scoring system to rank crypto fairly and sensibly. Our scoring system as follows:

Index Subindex Scoring Standards
Team(25%) The team part is to evaluating how the project core team, advisors and investor are.
Project team(10%) Evaluating the background of the core team, whether they have experience on blockchain or other IT filed, whether they have published academic papers or books in blockchain or other IT filed, whether there is a bad record for them.
Investors and investment institutions(10%) Evaluating the investors and investment institutions of the project, number of famous investors and investment institutions, number of good investors and investment institutions, number of ordinary investors and investment institutions
Strategic Advisor(5%) Evaluating the background of the advisor, whether they have experience on blockchain or other IT filed, whether they have published academic papers or books in blockchain or other IT filed, whether there is a bad record for them.
Risk&Reward(20%) Benchmark: BTC. This part is mainly to evaluate the risk and volatility of the token.
Max drawdown(5%) Computing the max drawdown in last 7/14/30/90 days, and comparing to the benchmark.
Max raiseup(5%) Computing the max raiseup in last 7/14/30/90 days, and comparing to the benchmark.
Reward(5%) Computing the average reward in last 7/14/30/90 days, and comparing to the benchmark.
Price volatility(5%) Computing the price volatility in last 7/14/30/90 days, and comparing to the benchmark.
Project(20%) The project is to observe how big is the market for the project, and how the project goes on.
Market size(4%) Computing the total market capital of the similar type of project in the top 50 crypto
Market share(3%) Comparing the market capital to the total market capital of the similar project in the top 50 crypto, which means how much market can this project share.
project token on exchange time(3%) Computing the first time of the crypto listing on the exchange
whether solved business pain points(5%) Evaluating whether there is correlation between the existing business pain points and the blockchain, and there are many similar projects in the market, and there are significant highlights compared to similar projects.
whether make benefit for customer by blockchain(2%) Evaluating whether the project really bring benefits to users by the advantage of decentralization.
whether the token is useful(3%) Evaluating whether the project token is indeed useful
Activity(15%) This part is about how negotiable the token is
Trading market(5%) Computing the number of exchanges the crypto on, and evaluating the ranking of these exchange
Trading volume(10%) Computing the total volume in the all exchanges in last 24 hours
Technology(10%) This part is about tech, how the project process on technology.
Stars(2%) Evaluating the stars in the GitHub for the project
Watchers(1%) Evaluating the watchers in the GitHub for the project
Last commit(2%) Evaluating the last commit time in the GitHub for the project
Closed issues(1%) Evaluating the closed issues in the GitHub for the project
Contributors(1%) Evaluating the contributors in the GitHub for the project
Total commits in the last 4 weeks(1%) Evaluating the total commits in the last 4 weeks in the GitHub for the project
Forks(1%) Evaluating the forks in the GitHub for the project
Merged pull requests(1%) Evaluating the merged pull requests in the GitHub for the project
Community(10%) Community is about how this project building on community
Google trends(1%) Evaluating the google trends
Google web results(1%) Evaluating the google web result
Alexa ranking(1%) Evaluating the alexa ranking
Reddit subscribers(1%) Evaluating the reddit subscribers
Twitter followers(2%) Evaluating the twitter followers
Facebook Likes(1%) Evaluating the facebook likes
Tweets(1%) Evaluating the tweets per day
Telgram group members(2%) Evaluating the telgram group members