Drip Network profile
Drip Network Profile (DRIP)
Score: 3.73 | Poor
Speculative Micro Cap
Project Safety Score

Fri, Jan 21, 2022 3:58 AM

Score 3.73
Rating Poor
Market Cap $82191990.361371
24hr Volume $502150.70275183
Price $82.191990361371
Review

Drip Network

token

Binance Smart Chain

DRIP can be deposited into the Faucet Contract to provide a consistent 1% daily return (up to 365% of initial principal amount) for participation over time. Income comes from 10% taxes on exchanges and referrals. A reservoir is also available to provide wBNB rewards. DRIP is the only deflationary daily ROI token that pays stakers and referrers from a tax on transactions and not through inflation.

Read more in the whitepaper:
https://drip.community/docs/DRIP_LIGHTPAPER_v0.8_Lit_Version.pdf

Drip Network Smart contracts and audits.

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

BNB: 0x20f663cea80face82acdfa3aae6862d246ce0333


Ecosystems.

Drip Network is a part of the following ecosystems.

Drip Network 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

Drip Network Safety Report

Drip Network has a safety score of 3.73

Drip Network is a micro cap token.

Drip Network is suited to a speculative investment style.


Drip Network 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
  • github
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges

Drip Network Red Flags

There are currently no Drip Network red flags.


Drip Network Development Score

The link to the projects repository has not been submitted yet.


Drip Network 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

Drip Network 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 Drip Network?

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 Drip Network 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
  • no gitHub account watchers

Drip Network Awareness Score

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

Overall Drip Network 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
  • poor number of news articles mentioning Drip Network
  • very poor number of headlines about Drip Network
  • very poor number of Drip Network YouTube videos

Drip Network 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 Jul 29, 2021)

Drip Network 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 low 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.

Drip Network 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.

Drip Network Exchanges
Drip Network Explorers
DRIP
Member Ratings (DRIP)

4.57/5

7 reviews
Ratings and reviews left by our members do not impact the profile score.
Zach
Tue, Jan 4, 2022 10:57 PM
The most innovative defi project in all of crypto. This has been an absolute game changer for me and everyone that I personally know involved with Drip! What I've seen is consistency and that's hard to say with these crypto streets! 10/10
0 0
Ganancias Network
Thu, Dec 30, 2021 6:29 AM
Drip Network is the only deflationary daily ROI token in the whole crypto ecosystem. It pays you 1% daily ROI from tax of transactions not from inflation. This is an unique system that has made many people rich. Drip Network should have much high rate that this. Everybody who is in Drip is super happy. Drip has changed many people lives. Drip is the best DeFi. Drip is super undervalue.
0 0
Ted Williams
Mon, Nov 29, 2021 8:32 AM
Been in the community for a month now and I couldn't be happier with my decision. The community is awesome, with leaders helping their downlines with advice and air drops. The devs have been communicating well with the community. There are multiple major projects coming online 21Q4 and 22Q2 to enhance the current ecosystem. DRIP has been steadily increasing in price while market has been decreasing. The 1% daily return on DRIP is 100% accurate. Overall this is about as safe as the Crypto world provides.
0 0
Crypto Fountain
Thu, Nov 18, 2021 4:30 PM
I've been in DRIP for 3 months and yes I can confirm that you do get 1% of your gains back daily. Right now the market is in the red and all coins are dropping. Drip is still at a steady price. This DEFI project is so under rated!! Learn more about DRIP here and make up your own mind - https://bit.ly/3nsVKuZ
1 0
cryptonoobsibot
Thu, Sep 30, 2021 8:58 AM
One of the most innovative ROI community dapps. Still one of the most powerful platforms if you take time to understand the contract, community and activity around the project. Between the swap, staking contract and the liquidity contract you have a solid basis for growth, collaboration and expansion in the space. We can without a doubt expect to see more use cases, partnerships and innovation from this ecosystem/network. The devs are on the website with links to contact them. TG community is active and there are some dedicated technical and community support channels.
1 0
Joe
Tue, Sep 21, 2021 10:40 AM
Very cool project. Another gem from Forex Shark who never disappoints. First of its type, deflationary ROI platform harnessing power of compound interest. Unlike flow new coins don’t need to be minted to pay rewards
2 0
Samantha Atkins
Wed, Sep 15, 2021 12:39 AM
Perhaps not scam but not the money maker advertised. Remember: 1) rewards are in $DRIP 2) with compounding up to 32x amount of original $DRIP 3) but only get 1% per day. If I run this taking the total drip I would get each day if I didn't compound more and figuring dollar value by $DRIP/$BNB ratio * price of BNB per day and chart this over last few weeks I lose money over time and currently am at less than 175% of the money I put in over last 6 weeks even with my daily compounding. Not bad but certainly not 365%! And if percent price drop of $DRIP is over about 3.8% in a day you are losing money that day. So I am very cautious. Nor is it clear how the price will recover.
0 0

62.50%

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
  • github
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges
Member Signals

4.57/5

(7 reviews)
Member Ratings
Market Cap Rank:
3479
Voted:
shit
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
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