Multichain profile
Multichain Profile (MULTI)
Score: 3.08 | Poor
Highly Speculative Mid Cap
Project Safety Score

Fri, Jan 21, 2022 8:35 PM

Score 3.08
Rating Poor
Market Cap $2286339087.0599
24hr Volume $271753.6735839
Price $22.863390870599
Review

Multichain

token

Ethereum

Multichain, rebranded from Anyswap, will continue with what it has achieved to date as a router protocol for Web3. As the trailblazer of decentralized cross-chain service, Multichain provides interconnect infrastructure for 27 mainstream public blockchains including Ethereum, Fantom, Binance Smart Chain, Avalanche, Moonriver, Arbitrum, Polygon and Harmony. The Total Value Locked (TVL) on Multichain, whose number of users exceeds 300,000, is more than $5 billion, with over 1,000 crypto assets circulating among different mainnets. It is unsurpassed in terms of speed, security and decentralization. Builders can create application layers on top of it to strengthen DeFi composability.

Read more in the whitepaper:

Multichain Smart contracts and audits.

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

ETH: 0x65ef703f5594d2573eb71aaf55bc0cb548492df4


Ecosystems.

Multichain is a part of the following ecosystems.

Multichain 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

Multichain Safety Report

Multichain has a safety score of 3.08

Multichain is a mid cap token.

Multichain is suited to a highly speculative investment style.


Multichain 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 whitepaper
  • project team
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges

Multichain Red Flags

There are currently no Multichain red flags.


Multichain Development Score

The Multichain project has 33 active source code repositories.

The most recent commit was Fri, Jan 21, 2022 12:02 PM

  • 85 Watchers
  • 314 Stars
  • 117 Mentionable Users
  • 0 Vulnerabilities
  • 13 commits in the last 28 days.
Highlights:
  • extremely high repo stars
  • daily repo updates
  • low stars
  • very poor watchers
  • poor mentionable users

Multichain 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
  • Below average number articles to calculate the sentiment

Multichain 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 Multichain?

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 Multichain has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high hashtag tweets
  • very high gitHub account watchers
  • no reddit articles

Multichain Awareness Score

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

Overall Multichain 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 low search result total
  • low number of news articles mentioning Multichain
  • very low number of headlines about Multichain
  • very poor number of Multichain YouTube videos

Multichain 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:
  • Brand new project age (released Jan 10, 2022)

Multichain 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.

Multichain 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.

Multichain Exchanges
MULTI
Member Ratings (MULTI)

--/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 Multichain, be the first to start the conversation.

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

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

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 whitepaper
  • project team
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges
Member Signals

--/5

(no reviews)
Member Ratings
Market Cap Rank:
3756
Voted:
--
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
Multichain Github
Multichain News
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