Matrix Protocol profile
Matrix Protocol Profile (MTX)
Score: 1.95 | Weak
Highly Speculative Nano Cap
Project Safety Score

Mon, Jan 17, 2022 1:37 PM

Score 1.95
Rating Weak
Market Cap $2008444.0537064
24hr Volume $4316.57827127
Price $2.0084440537064E-9
Review

Matrix Protocol

token

Binance Smart Chain

Matrix Protocol (mtx) is a token operating on the Binance Smart Chain platform. This project was released in late 2021.

Read more in the whitepaper:
https://www.matrixprotocol.io/whitepaper

Matrix Protocol Smart contracts and audits.

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

BNB: 0xe28832f94aa99d3ed4c61ef805330168556b4179

Matrix 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

Matrix Protocol Safety Report

Matrix Protocol has a safety score of 1.95

Matrix Protocol is a nano cap token.

Matrix Protocol is suited to a highly speculative investment style.


Matrix Protocol 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:
  • project team
  • bitcointalk thread
  • tradingview profile
  • exchanges

Matrix Protocol Red Flags

There are currently no Matrix Protocol red flags.


Matrix Protocol Development Score

The Matrix Protocol project has 1 active source code repositories.

There have been no commit to any of this accounts repos

  • 2 Watchers
  • 0 Stars
  • 1 Mentionable User
  • 0 Vulnerabilities
  • No commits in the last 28 days
Highlights:
  • daily repo updates
  • no stars
  • no watchers
  • no mentionable users
  • no repo stars

Matrix 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 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

Matrix 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 Matrix 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 Matrix 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:
  • average hashtag tweets
  • very poor reddit articles
  • very poor gitHub account watchers

Matrix Protocol Awareness Score

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

Overall Matrix 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:
  • very poor search result total
  • no number of news articles mentioning Matrix Protocol
  • no number of headlines about Matrix Protocol
  • very poor number of Matrix Protocol YouTube videos

Matrix 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:
  • New project age (released Nov 9, 2021)

Matrix 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:
  • no 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.

Matrix 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.

Matrix Protocol Exchanges
Matrix Protocol Explorers
MTX
Member Ratings (MTX)

--/5

0 reviews
Ratings and reviews left by our members do not impact the profile score.
No reviews
Be the first to leave a review

No one is talking about Matrix Protocol, be the first to start the conversation.

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

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

75.00%

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
  • bitcointalk thread
  • tradingview profile
  • exchanges
Member Signals

--/5

(no reviews)
Member Ratings
Market Cap Rank:
6335
Voted:
--
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
Matrix Protocol Reddit
Matrix Protocol Github
Matrix Protocol News