Independent Ratings Agency Awards Steem a "Buy" Rating
Great news, Steemians!
It appears that a traditionally conservative ratings agency, Weiss Ratings, has awarded Steem a grade of "B" in their very first rating of crypto offerings. In the case of crypto, given the firms frequently pessimistic outlook on new arrivals to the various markets they examine, BTC (C+), LTC (C+), and nearly every other crypto floating around received a lower score. Further, only 5 cryptos received a score this high, and none higher.
Steem, I would argue, due to its strong community and unique concept comes out a big winner here, being elevated in these analysts' view as a peer with ETH in terms of the quality of its team, technology, and use case. With this newfound appreciation by a broader market will come greater scrutiny, but I for one believe Steem and the Steemian community has already demonstrated a sound proof of concept and will withstand any stress tests the ridiculously biased and fickle mainstream financial media may choose to throw its way.
Let's look forward to more good news in the future!
Awesome news. Curious if this had something to do with he price spike. I would assume so...
Still in the foothills, folks. Lots more climbing to do...
What’s the Alexa ranking again? Someone go throw this at Tone Vays just for funnies :)
Coins mentioned in post:
Steem got a B- not a B, and both Ethereum and EOS scored higher with a B, the highest score given.