DeSpace Protocol profile
DeSpace Protocol Profile (DES)
Score: 2.64 | Very Poor
Speculative Micro Cap
Project Safety Score

Wed, Oct 27, 2021 11:33 AM

Score 2.64
Rating Very Poor
Market Cap $85912972.103207
24hr Volume $1427126.0404098
Price $0.85912972103207
Review

DeSpace Protocol

token

Ethereum

DeSpace Protocol is a new breath of the DeFi industry supporting multi-layer tokens and NFT cards, combining governance, redesigned Yield Farming and NFT Mining features in one protocol. The goal of the project is to create a stable, intuitive and secure system in the DeFi industry for every user, as well as to create value for our NFT cards in our ecosystem. NFTs without any ecosystem can be only used in resale on secondary markets. DeSpace Protocol creates an ecosystem that values our NFT cards (you can increase your farming income with our NFTs, each NFT has different power, which means that every card will add more interest to your farming). The system works on the principle of layers analogous to layers of a solar system. Each new layer will complement the preceding layer, simultaneously revealing unknown and latent elements in the prior layers, thereby complementing each other. Each layer can be considered as a separate universe and functions independently of the other layers.

Read more in the whitepaper:
https://despace.io/space-paper/

DeSpace Protocol Smart contracts and audits.

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

ETH: 0x634239cfa331df0291653139d1a6083b9cf705e3


Ecosystems.

DeSpace Protocol is a part of the following ecosystems.

DeSpace 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

DeSpace Protocol Safety Report

DeSpace Protocol has a safety score of 2.64

DeSpace Protocol is a micro cap token.

DeSpace Protocol is suited to a speculative investment style.


DeSpace Protocol Profile

This profile is missing some data needed to perform a thorough analysis. Depending on what data is missing then this could have a negative impact on the overall rating.

Missing Data:
  • project team
  • facebook
  • bitcointalk thread
  • tradingview profile
  • exchanges

DeSpace Protocol Red Flags

There are currently no DeSpace Protocol red flags.


DeSpace Protocol Development Score

The DeSpace Protocol project has 0 active source code repositories.

There have been no commit to any of this accounts repos

  • 0 Watchers
  • 0 Stars
  • 0 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

DeSpace 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 overall sentiment is average indicating that this project could be spoken about more positively and more in the community. In general as the popularity of a project grows and as main stream awareness grows this score will go up. But conversely as people loose interest and stop talking about this project or if things take a turn for the worse then this score will go down.
Highlights:
  • The overall sentiment is average

DeSpace 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 DeSpace 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 DeSpace 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
  • very low reddit articles
  • no gitHub account watchers
  • no search result count

DeSpace Protocol Awareness Score

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

Overall DeSpace 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:
  • no search result total
  • very poor news articles mentioning DeSpace Protocol
  • very poor news articles directly about DeSpace Protocol

DeSpace 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:
  • Early project age (released Jun 1, 2021)

DeSpace 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:
  • 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.

DeSpace 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.

DeSpace Protocol Exchanges
DeSpace Protocol Explorers
DES
Community Trust Score (DES)

--/5

0 reviews
No reviews
Be the first to leave a review

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

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

68.75%

Complete
Profile Status

How complete is this profile:

Lots of missing data points

This profile is still waiting for the following data points

  • project team
  • facebook
  • bitcointalk thread
  • tradingview profile
  • exchanges
Community Signals

--/5

(no reviews)
Community Trust Score
Market Cap Rank:
3017
Voted:
--
Bulls v Bears:
neutral
Watching:
0
Trending Position:
DeSpace Protocol Reddit
DeSpace Protocol Github
DeSpace Protocol News
  • DeSpace Protocol IDO launch set for September 20, 2021

    Mon, Sep 20, 2021 6:34 AM

    Fast-rising blockchain platform DeSpace Protocol is set to hold its highly anticipated IDO from...

    read more...
  • DeSpace Protocol IDO Launch Set for September 20, 2021

    Mon, Sep 20, 2021 5:55 AM

    Fast-rising blockchain platform DeSpace Protocol is set to hold its highly anticipated IDO from...

    read more...
  • DeSpace Protocol Investor Announcement

    Tue, Sep 7, 2021 6:36 PM

    Press release - The DeSpace Team - DeSpace Protocol Investor Announcement - published on...

    read more...
  • DeSpace Protocol Investor Announcement

    Sun, Sep 5, 2021 4:06 PM

    DeSpace Protocol has partnered with a new team of strategic investors read more...