Purdue Midwestern Bitcoin Conference 2014: Evaluating the Potential of Alternative Cryptocurrencies

Purdue Midwestern Bitcoin Conference 2014: Evaluating the Potential of Alternative Cryptocurrencies

This presentation goes through the methodology used by CoinGecko (https://www.coingecko.com) to evaluate the success metrics of an altcoin.

As new sophisticated altcoins comes into the market, rethinking metrics of success becomes important.

Transcript

1. Evaluating the Potential of Alternative Cryptocurrencies
2. TM Lee @tmlee Purdue 2012 Co-founder of CoinGecko
3. Quantitatively evaluate the potential of a cryptocurrency based on public data
4. Evaluating the Potential of Alternative Cryptocurrencies
6. How are cryptocurrencies evaluated?
7. Market Capitalization Price x Supply
8. But... Necronomicon Altcoins which are dead https://bitcointalk.org/index.php?topic=588413.0
9. Brings the need for more ways to evaluate a cryptocurrency
10. Coin Metrics
11. What about other altcoins?
13. Collect data for all altcoins and evaluate against a fair benchmark. CoinGecko Metrics
14. CoinGecko Metrics Market Capitalization Trading Volume Community Developer Public Interest
15. Trading Volume Major Exchanges Liquidity
16. Developer Github Open Source Popularity (Stars, Forks, Watchers) Activity (Open/Closed Issues) Contributions (Contributors, Pull Requests) Pulse Check (Commits)
17. Community Reddit (subscribers, active users, posts, comments) Facebook (Likes) Twitter (Followers)
18. Public Interest Search Result Alexa Rank
19. Top 10 Oct 31
22. TM Lee, @tmlee PS: tweet me & i’ll send you some Dogecoins :)