Is Joystream a scam?

Asked about Joystream (JOY), market cap rank #10524.

Short answer

Joystream (JOY) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.

Source: isthiscoinascam.com · Updated 2026-05-18

Red flags raised

  • Token supply can be minted by the owner
  • Trading volume is near zero
  • No hard cap on total token supply
  • Very low on-chain liquidity

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