Gridcoin profile
Gridcoin Profile (GRC)
Score: 4.87 | Below Average
Balanced Nano Cap
Project Safety Score

Sat, Jan 22, 2022 4:03 AM

Score 4.87
Rating Below Average
Market Cap $3821221.9488373
24hr Volume $12627.01164494
Price $0.0095090851281056
Review

Gridcoin

coin

1stgen blockchain

Gridcoin is an open source cryptocurrency (Ticker: GRC) that rewards volunteer computing for science through the BOINC platform. Users are able to generate GRC through the process of mining. GridCoin has a current supply of 432,453,503.335 with 401,800,471.187 in circulation.

Read more in the whitepaper:
https://www.gridcoin.us/assets/img/whitepaper.pdf

Gridcoin 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

Gridcoin Safety Report

Gridcoin has a safety score of 4.87

Gridcoin is a nano cap coin.

Gridcoin is suited to a balanced investment style.


Gridcoin 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:
  • tradingview profile

Gridcoin Red Flags

There are currently no Gridcoin red flags.


Gridcoin Development Score

The Gridcoin project has 30 active source code repositories.

The most recent commit was Fri, Jan 21, 2022 6:49 PM

  • 285 Watchers
  • 650 Stars
  • 481 Mentionable Users
  • 0 Vulnerabilities
  • 36 commits in the last 28 days.
Highlights:
  • extremely high repo stars
  • daily repo updates
  • good stars
  • below average mentionable users
  • very low watchers

Gridcoin 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
  • Low number articles to calculate the sentiment

Gridcoin 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 Gridcoin?

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 Gridcoin 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 gitHub account watchers
  • low reddit articles
  • low hashtag tweets

Gridcoin Awareness Score

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

Overall Gridcoin 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
  • very poor number of news articles mentioning Gridcoin
  • very poor number of headlines about Gridcoin
  • low number of Gridcoin YouTube videos

Gridcoin 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 Oct 11, 2014)

Gridcoin 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.

Gridcoin 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.

Gridcoin Exchanges
Gridcoin Explorers
GRC
Member Ratings (GRC)

5/5

7 reviews
Ratings and reviews left by our members do not impact the profile score.
Philip C Swift
Sun, May 2, 2021 9:25 PM
No, not in my opinion and I have been involved, on and off since 2014. It has already survived 7 years (with no scamdal) and now has some really solid experienced professional coders and dev's behind it. The Community is 2nd to none and contrary to some reviews, it does have exchanges available. It is the only cryptoasset that has an optional built in philanthropic element via BOINC (Berkeley Open Infrastructure of Network Computing) and the associated projects using grid-computing. One such example is 'World Community Grid' running 'OpenPandemics - COVID 19 7.17'. Todays 24 Hour Trading Volume is $16,876.
4 0
Kelly
Wed, Mar 10, 2021 4:05 PM
A wonderful gem in an industry plagued with greed. The most enjoyable community I have participated in.
10 0
Professor of Everything
Thu, Oct 24, 2019 3:17 PM
Best coin ever
21 0
Steven Campbell
Sat, Mar 16, 2019 2:36 PM
No Gridcoin is not a scam, it has a solid userbase of people who dedicate their spare computing power to aid scientific research. The coin is actively developed and all decisions are taken by on blockchain voting, its one of the most democratic and well developed coins on the market.
30 0
Tiziano Mengotti
Tue, Dec 11, 2018 1:16 PM
Gridcoin is a solid coin and I am mining it with 30 computers and 45 graphic cards. Unlike most other cryptocurrencies, you do not just heat air to secure the blockchain, but you advance scientific research through the BOINC community (Seti@home and the like).
39 0
shmoogleosukami
Sun, Dec 9, 2018 12:16 AM
It's a solid coin, Very active and passionate developers, An active community, Solid roadmap and many improvements in the works.
36 0
Vincenzo Tricarico
Sat, Dec 8, 2018 6:01 PM
Very friendly community and very competent team running this project. Goals are ambitious but are met consistently on target
37 0

93.75%

Complete
Profile Status

How complete is this profile:

1 missing data point

This profile is still waiting for the following data points

  • tradingview profile
Member Signals

5/5

(7 reviews)
Member Ratings
Market Cap Rank:
1304
Voted:
amazing
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
Gridcoin Reddit
Gridcoin Github
Gridcoin News
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