BitShares Project Statement

Full Report

BitShares Safety Report

BitShares has a safety score of 5.29

BitShares is a micro cap coin.

BitShares is suited to a balanced investment style.

BitShares Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:

• project team
• twitter
• tradingview profile

BitShares Red Flags

Red flags are listed below. Checkout the red flag tab for a more in-depth analysis.

The Twitter account suspended.

BitShares Development Score

The BitShares project has 70 active source code repositories.

The most recent commit was Thu, Jan 20, 2022 8:27 PM

• 674 Watchers
• 2368 Stars
• 1311 Mentionable Users
• 0 Vulnerabilities
• 56 commits in the last 28 days.

Highlights:

• extremely high stars
• extremely high mentionable users
• extremely high repo stars
• daily repo updates
• good watchers

BitShares Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:

• The overall sentiment is very positive
• Enough of a collection of articles to be just about confident of the sentiment

BitShares Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on BitShares?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall BitShares has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:

• extremely high hashtag tweets
• extremely high gitHub account watchers
• very low reddit articles

BitShares Awareness Score

The awareness score indicates how well BitShares is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the BitShares is but a good measure of longevity is how well the project is known by the general public.

Overall BitShares this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:

• poor search result total
• very poor number of news articles mentioning BitShares
• very poor number of headlines about BitShares
• very poor number of BitShares YouTube videos

BitShares Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:

• Mature project age (released Jul 21, 2014)

BitShares Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:

• below average USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

• 404 (missing) websites
• Expired SSL certs
• Malware/Hijacked sites
• Suspended Twitter accounts
• Private Subreddits
• SEC investiations

If you spot anything suspicious/resolved then please let us know.

BitShares Red flags

• The Twitter account suspended.
  The Twitter account (BitShares) linked to this project has been suspended.

  severity: critical