OctaSpace

OctaSpace

OCTA #1745
C 38% L1 Protocol Watch

Project Safety Score: 38%

Updated 2 hours ago
OctaSpaceOCTA
Market Cap$3852385
24hr Volume$117364
24hr Change-0.1%
Price$0.08580623045004178
Coverage: 5 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: L1 / Protocol Coin - scored on network security, adoption, dev health, economic design, governance
Track
Record
76 BBB
100% · medium
Developer
Health
0 F
100% · medium
Network
Security
51 CCC
100% · medium
Social
Behavioral
53 CCC
80% · low
Adoption
& Liquidity
12 F
100% · high

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OCTA OctaSpace Details
Type
Layer 1 (L1)
Launched
2024
HQ
Not specified
Team
Anonymous
Artificial Intelligence (AI)Internet of Things (IOT)Smart Contract PlatformBNB Chain EcosystemLayer 1 (L1)Ethereum EcosystemDePINAI Agents

OctaSpace is a Proof-of-Work blockchain that utilizes a go-ethereum code base, operating alongside an internal Proof-of-Authority network to enhance transaction throughput for billing purposes. It is positioned as a public cloud platform, with infrastructure and APIs built on user-provided hardware, offering services such as a GPU marketplace, VPN access, and application deployment.

The project began in 2020 with the aim of creating a distributed system for executing tasks and applications, but was initially halted due to scalability challenges. In June 2022, the project resumed with a new core design addressing these issues. The native token, OCTA, functions as the primary payment method for services, rewards for node operators, and dividends for holders. Future plans include developing new user-focused services and refining APIs and user interfaces.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Track record score 75 out of 100. The project has been live for about 2.4 years, with clean public-record results: 0 regulatory action(s) and 0 historical incident(s) on record. However, research identified 4 additional concern(s) via agent red flags (agent red flags score 5), which partially offsets the otherwise solid history.

Developer health score 0 out of 100. Public development indicators show 0 GitHub stars, 0 forks, 0 commits in the last 4 weeks, and 0 PR contributors, along with the flag “norecentcommits.” This combination suggests very limited observable ongoing maintenance or improvement activity, which materially lowers safety confidence for long-term protocol reliability.

Network security score 51 out of 100. The chain is about 2.4 years old with 0 historical incidents on record, and it appears to have a defined supply cap (48,000,000) with 100% of total supply circulating. The main weakness is “low economic security,” reflected by an economic_security score of 0 and a relatively small market cap ($4,292,114), which can reduce the network’s ability to absorb shocks.

Social behavior score 77 out of 100. Audience and sentiment appear constructive: Telegram shows 7,615 users and Twitter is linked (TW 39), while sentiment is 100% up / 0% down. Agent risk signals are strong, with 0 allegations, 0 bad press, 0 regulatory signals, and 0 incidents flagged in the research snapshot, which supports a generally neutral-to-positive reputation profile.

Adoption and liquidity score 15 out of 100. Liquidity is constrained: market cap is $4,292,114 (market cap tier score 0) and “verylowl1_volume” is flagged. While 24h volume is reported at $161,113 and there are 6 CEX listings (with 2 green-trust), the overall liquidity and usage metrics remain weak, increasing the risk of larger price swings and harder exits.

Even with a moderate overall score (43.56/100), inherent crypto risks remain for OctaSpace, particularly around economic security and liquidity. Lower network economic security and very low observed L1 volume can amplify volatility and reduce resilience, while the lack of recent development signals raises uncertainty about ongoing improvements and operational continuity.

View whitepaper ↗ (2023)
Quality: high
Max supply: Not specified
Next unlock: Not specified
  • Whitepaper available
  • Active GitHub repository
  • Low economic security
  • No recent code commits
  • Very low L1 trading volume
  • Chain is less than 2 years old

Price Chart - OctaSpace

Contract Security

ethereum · 0xfa704148d516b209d52c2d75f239274c8f8eaf1a
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
Source: GoPlus Security

On-Chain Facts

Total Holders
1719
Top 10 Hold
34.8%
Top 50: 55.2%
Top Holders
  • 0xb3fc02ca08761dfc6… 8.55%
  • 0x4bc12b99d287e6bb0… 8.11%
  • 0x000000000004444c5… 3.79%
  • 0xbce2dfa862a32c434… 2.85%
  • 0x7c495ac25299e912e… 2.78%
  • 0x6bad51332dee3d9af… 2.43%
  • 0xcce0777fe91820db2… 1.99%
  • 0xb9c64c8d86b4cf07d… 1.63%
  • 0xd7b87566a59ad2f2d… 1.42%
  • 0x1fc5115d88ec62793… 1.28%
Source: ethplorer
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85%
Profile Status
Data completeness
Some data missing
High confidence

Technical Analysis

Buy / Sell signals

Market Stats

All-Time High$2.39
All-Time Low$0.0781
Circulating44907921
Total Supply44907921

Community Sentiment

👍 100% 0% 👎

Recent News

OCTA Price to US Dollar | Convert OCTA to USD

general 1 source 8 months ago

Zebec Integrates 15th Chain on Silver & Carbon Cards, Launches Strategic Partnership with OctaSpace

general 2 sources 11 months, 2 weeks ago

Zebec partners with OctaSpace, ZBCN price eyes 35% gain

general 1 source 11 months, 3 weeks ago

OctaSpace to United States Dollar Price Today | Live OCTA to USD Converter & Exchange Rate

general 1 source 1 year, 3 months ago

How to sell OctaSpace (OCTA) via a crypto wallet

general 1 source 1 year, 8 months ago

OctaSpace (OCTA): Incentivizing Reliable and Cost-Effective Cloud Services

general 1 source 1 year, 11 months ago

OctaSpace Price, OCTA Price, Live Charts, and Marketcap - Coinbase Australia

general 1 source 2 years, 3 months ago

OctaSpace (OCTA) Price Today, News & Live Chart | Forbes Crypto Market Data

general 1 source 2 years, 4 months ago

OctaSpace Price USD, OCTA Price Live Charts, Market Cap & News

general 2 sources 3 years, 1 month ago

OctaSpace (OCTA) Price Prediction 2026, 2027-2030

general 1 source 3 years, 2 months ago

OctaSpace GitHub