Evaluating the fundamentals of a blockchain is really difficult because there are still no standard methods to evaluate it. I think there are many metrics you can look at such as, team support, tokenomics, community, market cap, sentiment, even how early it was etc.. however one metric that I hardly hear about is how much revenue the blockchain actually generates. I think this is important and something institutional investors will look at because the revenue can either go to support more research and development, employee compensation ( important to attract and keep talents), staking rewards etc. Not to mention more money from revenue is less the foundations have to mint. Thus here I took a look at the total revenue generated in the last 180 days.
Also this does not include dapps so keep this in mind. [link] [comments] |
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