League Table of Cryptocurrency Smart Contract Teams

I like to look at comparisons to gage the differences between crypto-projects. Analysing fundamentals, I find is the best way to judge if a project is under or over valued. The following analysis only considers team sizes, but usually the larger the team the more that gets done and the faster the progress within that project.

The following comparison looks at the team member count, with data sourced from Linkedin and categorised via employee size. The study also only focuses on Smart-Contract platforms and disregards other industry types. The reason I did this, is that I wanted to focus on infrastructure projects, as I like to "Invest in the cities not the roads".

From the study, it appears that VeChain has a sizeable team compared to its position within the market-cap ranking. EOS is about right for the team team size for market-cap position.

But more interestingly Factom and AChain which are in the below 100 of the market-cap, are number 6 and 7 in employee count respectively. The study obviously does not consider partners, market penetration or community. But from glancing at company size as a factor, they appear way undervalued.

Crypto Project Employee Count Ranking

Rank	Project	Employee Count	MarketCap Rank
1.	Ethereum	163	2
2.	VeChain	57	15
3.	NEM	56	14
4.	EOS	51	5
5.	Lisk	46	23
6.	Factom	44	104
7.	AChain	44	107
8.	WanChain	43	33
9.	GXChain	37	81
10.	ICON	34	21
11.	Waves	34	39
12.	RChain	31	40
13.	Stratis	32	38
14.	Nebulas	30	55
15.	MaidSafe	28	115
16.	Zilliqa	26	22
17.	DragonChain	23	86
18.	NEO (Onchain)	21	11
19.	BitShares	17	34
20.	Aeternity	16	26
21.	Komodo	14	61
22.	Stellar	14	8
23.	OmiseGo	14	19
24.	Qtum	13	18
25.	Aelf	13	57
26.	Cardano	12	7
27.	ETC	9	16
28.	Ontology	10	29
29.	Elastos	10	71
30.	Bytom	8	35
31.	DigiByte	8	50
32.	ARK	8	66
33.	Ardor	6	60
34.	NXT	5	91

If you have other fundamentals that you would like me to study, please comment and I will look to do this for my next few posts.