SKALE Selected for Coinbase’s COIN50 Index – Recognized Among Top 50 Blockchain Projects

SKALE has been selected for Coinbase’s prestigious COIN50 Index! This achievement positions SKALE as one of the top blockchain projects recognized for its industry impact, joining an elite group highlighting the best in the crypto industry. This is a major achievement and is a testament to SKALE’s focus on decentralization, scalability, zero gas fees, high performance, and robust security.

What is the COIN50 Index?

The Coinbase COIN50 Index is a powerful benchmark that offers investors simplified, diversified exposure to the digital asset market by tracking the top 50 crypto assets across various sectors, including infrastructure, DeFi, smart contracts, media, and payments. COIN50 isn’t just another index; it dynamically adjusts to capture the shifts in this fast-moving space, making it an essential tool for anyone looking to understand the broader crypto landscape.

What Being in the COIN50 Means for SKALE

Being part of the COIN50 Index is a major validation of SKALE’s commitment to decentralization, supporting developers with the world's most performant blockchain, and amazing community. With this recognition, SKALE will gain increased visibility among institutional and retail investors seeking strategic exposure to crypto. 

SKALE’s inclusion reflects its alignment with Coinbase’s rigorous standards and its capability to deliver a scalable, secure blockchain solution that meets the demands of a growing user base. This milestone serves as a recognition of SKALE’s role in driving innovation within the blockchain industry.

COIN50 Criteria for Selection

The selection process for the COIN50 Index is governed by a strict, rules-based approach focusing on three core areas:

1. Token Economics: The index includes assets that demonstrate a strong economic design, with the majority of the token supply in public circulation. Tokens pegged to other assets or currencies are excluded to ensure a focus on projects with sound fundamentals. SKALE’s economic model ensures a robust design that aligns with these standards.
2. Blockchain Architecture: Selected projects must meet critical blockchain principles such as transparency, immutability, and decentralized consensus. SKALE’s innovative architecture, emphasizing decentralization and a seamless user experience without gas fees, aligns with these stringent requirements.
3. Security Standards: The index only includes assets that exhibit strong security measures, free from known vulnerabilities or risks of critical attacks. Additionally, assets must be eligible for custody by Coinbase’s qualified custodians, ensuring a high level of institutional-grade security.

Learn More

For those looking to dive deeper into the COIN50 Index, visit Coinbase’s official page for more details.

This is an exciting moment for SKALE as it expands its reach and impact within the crypto ecosystem — thank you for being part of this journey!