Hey! I'm one of the leading analysts in the Weiss Crypto Ratings, recently made this post: https://steemit.com/cryptocurrency/@juanvilla/the-weiss-cryptocurrency-ratings
Let me start by saying that yes, we should've provided more clarity.
You present some interesting questions with regards to Bitcoin and Ethereum having different stated goals. This was taken into account when rating the "Technology" behind each project. This index is as broad-based as possible, while attempting to capture any and all potential technological innovations blockchain teams come up with.
Are teams taken into account? Absolutely, albeit indirectly: A strong team makes the goals set by the project "believable" and may therefore get credit for technological features that are not yet fully implemented. Without getting into too much detail, that's one of the main reasons EOS was rated, even though it's still in ERC20 token phase.
Unknown teams that set the bar too high while having no credibility (yet!) will not get the benefit of the doubt, and their technology will be rated according to what they have working TODAY.
An important question. Why the focus on price action? Because the ratings are geared primarily to investors. That's our subscriber base. We have, however, seeing how the community reacted to ratings that yes, were strongly influenced by price action patterns, we have decided to provide more detail into each sub-Index. Technology/Fundamentals will be its own thing, and you can think of these two as the most important metrics for crypto-enthusiasts.
Risk and Reward are primarily for speculators looking to make money in the crypto markets. Because these are different concepts, we will provide a separate detail of these indices.
We'll still have the composite index that takes into account all four indices, but we agree, more detail is needed!
Look forward to your comments!
Thanks for answering! Interesting points in developing the methodology. It will be interesting to see how these comparisons continue to progress as projects continued to be launched. Regarding the focus on price action, if that is Weiss’ focus then shouldn’t it be treated as an action scale (i.e. buy, hold, sell) instead of a rating? That will also help in being less confusing to those interpreting the reports.