Is OpenLedger a scam?

Red flags raised

• Low economic security
• Majority of recent sentiment is negative
• No recent code commits
• Less than 50% of supply is circulating

Positive signals

• Tokenomics and allocation figures are published by the OpenLedger Foundation documentation (total supply capped at 1,000,000,000; initial circulating supply 21.55%; community+ecosystem allocation 61.71%; investors allocation 18.29%). ([docs.openledgerfoundation.com](https://docs.openledgerfoundation.com/open-tokenomics/token-allocation-and-unlock-schedule))
• The token contract is shown as verified on Etherscan for the specified address, but Etherscan indicates no contract security audit was submitted for that contract page. ([etherscan.io](https://etherscan.io/token/0xa227cc36938f0c9e09ce0e64dfab226cad739447?a=0x0529ea5885702715e83923c59746ae8734c553B7))
• A technical paper hosted on openledger.xyz describes the 'Proof of Attribution' mechanism that underpins the attribution layer. ([cdn.openledger.xyz](https://cdn.openledger.xyz/Studio/Proof_of_Attribution.pdf))

Team transparency

The OpenLedger team is anonymous — public identities are not on record.