Clore.ai
CLORE #2679Project Safety Score: 47%
Updated 5 hours, 55 minutes ago& Market
Credibility
Behavioral
Mechanics
Distribution
Clore.ai is a platform for leasing GPU computing resources between individuals and businesses for tasks including artificial intelligence training, video rendering, and cryptocurrency mining. It uses minute-by-minute billing and a lease initiation process intended to let renters and hosters use resources flexibly. The description also states that hosters can run background mining while waiting for tenants, and that it encourages hosters to use renewable energy.
Clore.ai has a native digital currency, Clore Coin, described as a Proof-of-Work blockchain using the KaWPOW algorithm. It is used to reward hosters and the platform also implements a Proof of Holding system, where holders of Clore Coin in desktop wallets can receive discounts of up to 50% on commission fees when renting. Clore Coin launched on December 6, 2022, in the Czech Republic, with no premine, ICO, or masternodes, and it claims that anyone can mine from the first block.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
Economic design score 100 out of 100.
Clore.ai exhibits an excellent economic design, demonstrating a clearly defined supply cap with a hard cap set at 1.3 billion tokens. Furthermore, an impressive 99% of the total supply is already circulating, indicating efficient token distribution and minimal inflation risk, which are strong indicators for potential investors.
Liquidity and market dynamics score 49 out of 100.
The liquidity market for Clore.ai shows some challenges, as the volume-to-market cap ratio exceeds the ideal range at 135.62%, raising concerns. The 24-hour trading volume is approximately $1.6 million, which provides some liquidity, although risks remain due to the overall liquidity depth scoring lower. The project is also listed on eight exchanges, which adds some access but includes a mix of exchange quality.
Team credibility score 53 out of 100.
Clore.ai has a mixed score for team credibility, highlighting potential risks. The project has been around for 4.3 years and has undergone one audit, which suggests some level of maturity and scrutiny. However, the team remains anonymous, which raises concerns about accountability and transparency in the project.
Social and behavioral score 67 out of 100.
In terms of social behavior, Clore.ai performs reasonably well, with a Telegram community of 6,182 members and verified social accounts, including Twitter. However, audience data is limited, and there are some concerns raised in research that warrant attention. Despite this, the project has recorded no negative press or regulatory issues, which is a positive sign.
Inherent crypto risk for Clore.ai remains notable due to its anonymous team and liquidity concerns. While the economic design is robust, the lack of transparency and potential market volatility could pose risks to investors. Always exercise caution and due diligence when exploring investment opportunities in the crypto space.
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2 minor issues found, both resolved
- ✓Decentralized GPU marketplace addressing real-world computing needs
- ✓Security audit by reputable firm Cyberscope with minor issues resolved
- ✓Active community with substantial social media following
- ✗Team is anonymous
- ✗Daily volume exceeds market cap (possible wash trading)
Price Chart - Clore.ai
Clore.ai Exchanges
Top 8 by trust scoreTechnical Analysis
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