What is Cobak?

Symbol: CBK · Market cap rank: #828

Short answer

Cobak (CBK) is a cryptocurrency currently ranked #828 by market capitalisation.

Source: isthiscoinascam.com

Overview

Cobak describes CBK as an ERC-20 based utility token used within its Cobak platform. The provided description does not state a founding year, founder name, supply cap, or governance model.

Cobak states that CBK is used for internal payments for services, to unlock non-monetary membership benefits, and as a reward token for participating in and performing activities beneficial to the platform and community. The platform is described as app-based with stated figures of 60,000 daily active users and 300,000 cumulative app downloads.

Scam-risk analysis

Cobak has a moderate score — some risk signals were raised but no critical concerns. Is Cobak a scam?

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