a16z launches a new cryptocurrency index, including the number of active developers, mentions of cryptocurrencies in academic research, and more

ChainCatcher message, a16z Crypto has released its new "Crypto Status" index, which depicts a more optimistic emerging market landscape than most price charts. The index takes into account several so-called adoption and innovation parameters, including the number of active developers, mentions of cryptocurrencies in academic research, and trading volume on decentralized exchanges, excluding negative data points such as bankruptcies, hacks, or regulatory enforcement actions. (Source link)