Butterfly Protocol profile
Butterfly Protocol Profile (BFLY)
Score: 3.04 | Poor
Speculative Nano Cap
Project Safety Score

Thu, Dec 2, 2021 5:41 PM

Score 3.04
Rating Poor
Market Cap $0
24hr Volume $14427.32987348
Price $0.12815491826805
Review

Butterfly Protocol

token

Ethereum

Butterfly Protocol aim to create a decentralized autonomous organization (DAO) that will replace the DNS system and change the economics of domain ownership. Only by incubating a DAO Registrar with its own tokens can we create a lasting self sustaining economy that can replace ICANN. This ability to remove people and governments from the central control of the Internet is paramount to create a lasting uncensored internet.

Read more in the whitepaper:
https://www.butterflyprotocol.io/wp-content/uploads/2020/12/ButterflyProtocolWhitePaper-1.pdf

Butterfly Protocol Smart contracts and audits.

Below are the available smart contract addresses and any associated contract audits.

ETH: 0xf680429328caaaCabee69b7A9FdB21a71419c063

Butterfly Protocol Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Butterfly Protocol Safety Report

Butterfly Protocol has a safety score of 3.04

Butterfly Protocol is a nano cap token.

Butterfly Protocol is suited to a speculative investment style.


Butterfly Protocol 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
  • bitcointalk thread
  • tradingview profile

Butterfly Protocol Red Flags

There are currently no Butterfly Protocol red flags.


Butterfly Protocol Development Score

The Butterfly Protocol project has 11 active source code repositories.

The most recent commit was Tue, Jun 22, 2021 2:43 PM

  • 26 Watchers
  • 0 Stars
  • 10 Mentionable Users
  • 0 Vulnerabilities
  • No commits in the last 28 days
Highlights:
  • daily repo updates
  • no stars
  • no watchers
  • no mentionable users
  • no repo stars

Butterfly Protocol 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
  • A collection of articles to be just about confident of the sentiment

Butterfly Protocol 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 Butterfly Protocol?

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 Butterfly Protocol has an poor community rating, small communities can be easily manipulated and bullied (banned from telegram, deleted from discord etc) into towing the project line. If a project is new and doesnt have a big active community then in general as the project grows the community score will increase.

Highlights:
  • extremely high hashtag tweets
  • no reddit articles
  • low gitHub account watchers

Butterfly Protocol Awareness Score

The awareness score indicates how well Butterfly Protocol 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 Butterfly Protocol is but a good measure of longevity is how well the project is known by the general public.

Overall Butterfly Protocol 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:
  • very poor search result total
  • no number of news articles mentioning Butterfly Protocol
  • no number of headlines about Butterfly Protocol
  • low number of Butterfly Protocol YouTube videos

Butterfly Protocol 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:
  • Young project age (released Feb 5, 2021)

Butterfly Protocol 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:
  • very poor 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.

Butterfly Protocol Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

Butterfly Protocol Exchanges
Butterfly Protocol Explorers
BFLY
Member Ratings (BFLY)

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0 reviews
Ratings and reviews left by our members do not impact the profile score.
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Be the first to leave a review

No one is talking about Butterfly Protocol, be the first to start the conversation.

Do you think Butterfly Protocol is a scam project which will disappear in a rug pull in the next few months or do you think Butterfly Protocol is here to stay?

And more importantly let us know your experience and warn others if you have noticed something suspicious.

81.25%

Complete
Profile Status

How complete is this profile:

Some missing data points

This profile is still waiting for the following data points

  • project team
  • bitcointalk thread
  • tradingview profile
Member Signals

--/5

(no reviews)
Member Ratings
Market Cap Rank:
5648
Voted:
--
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
Butterfly Protocol Reddit
Butterfly Protocol Github
Butterfly Protocol News
  • Butterfly Protocol will be Used for the Decentralization of the Data Storage - Analytics Insight

    Sat, Oct 30, 2021 5:30 AM

    Butterfly protocol is a solution for data storage problems. Decentralization of data storage will...

    read more...
  • Web23 and NexBLOC Using Butterfly Protocol for Creating a Blockchain Naming System on the Cardano Blockchain Platform, Business News

    Tue, Sep 28, 2021 4:24 PM

    British Virgin Islands, Sep 29, 2021 - (ACN Newswire) - Web23 Inc., a USA company and NexBLOC, a...

    read more...
  • XDC Network (XinFin) Selects the Butterfly Protocol for Initial Blockchain Domain Naming System for the XDC Blockchain

    Wed, Aug 11, 2021 1:49 AM

    The Blockchain Domain Registry System will be unique to the XDC blockchain and provide access to...

    read more...
  • Business Scoop NexWEB Technologies Chooses Butterfly Protocol For Powering Its Blockchain Domain-Based NFT Platform

    Wed, Jul 21, 2021 5:51 PM

    Business Scoop provides news and views on Business and Markets from New...

    read more...
  • Business Scoop Plato Data & Butterfly Protocol Leaders Announce Partnership To Leverage Platos W3 Blockchain & Integrated Data Env

    Tue, Jul 13, 2021 7:41 PM

    Business Scoop provides news and views on Business and Markets from New...

    read more...