Crypto Asset Rating Inc Completes Basic Ratings of Over 40 Crypto Tokens
NEW YORK, July 7, 2021 / PRNewswire / – Crypto Asset Rating Inc is pleased to announce that it has completed the base rating of over 40 crypto tokens on its revolutionary rating platform. The best performing tokens are rated based on the comprehensive scoring algorithm developed by our group of industry expert analysts.
Today’s investors want to dip their toes into the sea of opportunity offered by token offerings. These token offerings must be associated with credibility and reliability. Digital titles continue to be adopted by traditional investment firms. There is no intermediary who helps the investor to make an informed decision. Investors lack the knowledge and resources to perform in-depth due diligence, and multi-asset institutional investors lack the expertise to assess the offering.
Crypto tokens rated on the company’s core rating platform are rated from one star to five stars. The 30% Crypto tokens out of 40 tokens on the core rating platform were given a 4 star rating based on a core rating algorithm, while 55% of the crypto tokens were awarded 3 stars and 15 % with 2 star ratings.
Analysis reports for all these base ratings are made available to investors free of charge. Investors can rely on these ratings and save a lot of time and effort to analyze crypto tokens.
Crypto Asset Rating Inc has developed two rating platforms to provide transparency and auditability to address these issues. In Basic Rating, analysts get information from published reports and white papers. Based on publicly available information and analytical judgment, different rating parameters are scored. The scoring framework includes over 100 basic scoring parameters based on publicly available information grouped into five categories.
The ratings of the advanced parameters are based on the analysis of experienced professionals, who evaluate and interpret the information received from the issuers of crypto assets and other available sources to form a considered opinion. The company’s advanced scoring platform has a comprehensive scoring framework consisting of 125 advanced scoring parameters grouped into 15 categories.
In the base rating, the company identified rating categories based on publicly available information for industry analysis, business model, token economy, and social media presence.
In Advanced Rating, we cover four risk categories covering business, financial, legal and technological risks to ensure that salient qualitative and quantitative issues are addressed. The company has taken a multi-layered approach to ensure that every crypto asset goes through multiple layers of risk assessment to authenticate rating scores. CAR regularly reviews the rating and improves or lowers the rating to ensure that it is appropriate for the company’s existing conditions and market.
The advanced rating ratings are divided into three ratings: the investment rating, the speculative rating and the vulnerable rating, while the basic rating grid consists of ratings from 1 to 5 stars.
About Crypto Asset Rating Inc
Crypto Asset Rating Inc, an independent structured rating agency, believes in solving the major challenges of the FinTech industry. Crypto Asset Rating Platform (CARP) comprehensively rates crypto assets for institutional and retail clients.
Crypto Asset Rating Inc’s product network includes one of the transcendent and innovative products in the crypto industry – Tokenization Asset Platform (TAP) is a Software as a Service (SaaS) tokenization platform that delivers the process creation, issuance, management and conversion of an asset to digital securities.
Crypto Business World – The company’s premium content platform for all crypto market updates. It integrates internal and external content to disseminate topics on all platforms: news and articles, videos and podcasts, analysis reports and press releases.
Keeping the outlook of the FinTech world in the years to come, Crypto Asset Rating Inc has isolated the planning to develop other fintech products and services like Crypto Index, Exchange rating, Sovereign Rating, ETF rating: this provides income potential.
SOURCE Crypto Asset Rating Inc