Litentry Profile (LIT)
Project Safety Score
Thu, Dec 2, 2021 5:45 PM
Litentry is a network that supports DID aggregation protocol and a decentralized mobile application. Litentry Network is built on top of the Substrate framework with the objective of enabling DID aggregation, verification, and credit calculation. It aims to simplify the process of resolving agnostic DID mechanisms by integrating DID standards into a modularized identity service. The Litentry mobile application serves as a secure vehicle for users to collect their decentralized identities and manage them in one place. LIT token holders are also able to participate in on-chain governance in an efficient and secure manner.
Read more in the whitepaper:
Litentry Smart contracts and audits.
Below are the available smart contract addresses and any associated contract audits.
Litentry is a part of the following ecosystems.
Litentry 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.
Litentry Safety Report
Litentry has a safety score of 5.62
Litentry is a micro cap token.
Litentry is suited to a adventurous investment style.
This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.
- project team
- bitcointalk thread
- tradingview profile
Litentry Red Flags
There are currently no Litentry red flags.
Litentry Development Score
The Litentry project has 52 active source code repositories.
The most recent commit was Thu, Dec 2, 2021 8:37 AM
- 160 Watchers
- 194 Stars
- 462 Mentionable Users
- 0 Vulnerabilities
- 107 commits in the last 28 days.
- extremely high repo stars
- daily repo updates
- below average mentionable users
- poor stars
- poor watchers
Litentry 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.
- A good collection of articles to be confident of the sentiment
- The overall sentiment is very positive
Litentry 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 Litentry?
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 Litentry has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.
- extremely high hashtag tweets
- extremely high gitHub account watchers
- no reddit articles
Litentry Awareness Score
The awareness score indicates how well Litentry 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 Litentry is but a good measure of longevity is how well the project is known by the general public.
Overall Litentry 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.
- poor search result total
- poor number of news articles mentioning Litentry
- very low number of headlines about Litentry
- very poor number of Litentry YouTube videos
Litentry 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?
- Growing project age (released Sep 1, 2020)
Litentry 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
- average 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.
Litentry 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.
How complete is this profile:
Lots of missing data points
This profile is still waiting for the following data points
- project team
- bitcointalk thread
- tradingview profile
Market Cap Rank:
Bulls v Bears:
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Litentry Price Jumps By 26.68% Over The Last 2 Hours ...Sat, Nov 27, 2021 3:22 AM
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