Stack Analytics recently announced adding Orbs to its crypto research platform. The venture has also added Orbs to the Coin98 wallet for staking purposes.
Stack aims to develop effective yet simple tools to assess crypto projects as an analytics platform. The platform achieves this with its unique ranking systems that use 50 metrics based on three ranks. Each of these ranks produces a score between 0 to 100. Primarily, the ranks are:
- Fundamental: This is calculated by assessing multiple liquidity metrics and values. It includes Trading Volume, Turnover Ratio, and Market Cap.
- Developer: This assesses the source code repository of the crypto projects. Its key metrics account for weekly, monthly, or yearly Commits and Lines of code added or deleted.
- Social: This is calculated by researching the crypto projects’ social circle. It involves channels like Telegram, Twitter, Discord, etc.
On Coinrank, many were surprised to see Orbs scoring a whopping score of 91 combining the individual ranks.
Now, Stack users can find even more data on Orbs, like social media activity and real-time Orbs feed. As Orbs always have been a permissionless and open-source project, it has focused on virtues like accountability and transparency.
That is why stakeholders and the Orbs community stay tightly knit to the project. The latest integration with Stack will also offer an extensive assessment of the Orbs ecosystem. Thus, the development will help users to learn about the project from an objective view.
Orbs will also be able to promote its EMV-compatible network with interoperability with Stack users. Given the demand for permissionless PoS consensus mechanisms, Orbs will undoubtedly play a significant part in the blockchain domain.
Read More: Stack Adds Orbs to Research and Analytics Platform