ShipChain Profile (SHIP)
Project Safety Score
Tue, Jan 25, 2022 1:20 AM
The ShipChain platform is based on a simple, yet powerful solution called "Track and Trace." Our ecosystem will encompass all methods of freight, and will include an open API architecture that can integrate with existing freight management software. The ShipChain platform unifies shipment tracking on the Ethereum blockchain, using a sidechain to track individual encrypted geographic waypoints across each smart contract. With this system, the meaning of each cryptographic waypoint is only accessible for interpretation by the parties involved in the shipment itself. This gives shippers more visibility across their supply chain, and allows carriers to communicate with ease. Information about loads, geo waypoints, and other basic information is recorded and publicly validated within the sidechain. On the shipment's delivery and confirmation, the contract is completed and stored on the main blockchain.
Read more in the whitepaper:
ShipChain Smart contracts and audits.
Below are the available smart contract addresses and any associated contract audits.
ShipChain 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.
ShipChain Safety Report
ShipChain has a safety score of 3.18
ShipChain is a nano cap token.
ShipChain 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.
- bitcointalk thread
- tradingview profile
ShipChain Red Flags
Red flags are listed below. Checkout the red flag tab for a more in-depth analysis.
ShipChain Development Score
The ShipChain project has 26 active source code repositories.
The most recent commit was Thu, Oct 22, 2020 6:35 PM
- 70 Watchers
- 52 Stars
- 29 Mentionable Users
- 0 Vulnerabilities
- No commits in the last 28 days
- daily repo updates
- very poor stars
- very poor watchers
- no mentionable users
- no repo stars
ShipChain 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.
- The overall sentiment is very low
ShipChain 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 ShipChain?
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 ShipChain has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.
- extremely high hashtag tweets
- high gitHub account watchers
- very poor reddit articles
- no search result count
ShipChain Awareness Score
The awareness score indicates how well ShipChain 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 ShipChain is but a good measure of longevity is how well the project is known by the general public.
Overall ShipChain 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.
- no search result total
- very poor news articles mentioning ShipChain
- no news articles directly about ShipChain
ShipChain 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?
- Good project age (released Mar 10, 2018)
ShipChain 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
- 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.
ShipChain Red flags
Website unable to resolveseverity: critical
Refused to resolve the project website (https://www.shipchain.io/)
The subreddit is private.severity: warning
The subreddit (shipchain) linked to this project is private.
How complete is this profile:
A few missing data points
This profile is still waiting for the following data points
- bitcointalk thread
- tradingview profile
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