Skycoin Project Statement

Full Report

---

Skycoin Safety Report

Skycoin has a safety score of 6.18

Skycoin is a nano cap coin.

Skycoin is suited to a balanced investment style.

---

Skycoin Profile

This profile has all the the data required to perform a thorough analysis.

---

Skycoin Red Flags

There are currently no Skycoin red flags.

---

Skycoin Development Score

The Skycoin project has 80 active source code repositories.

The most recent commit was Thu, Sep 9, 2021 12:40 PM

• 687 Watchers
• 1390 Stars
• 1046 Mentionable Users
• 0 Vulnerabilities
• 4 commits in the last 28 days.

Highlights:

• extremely high stars
• extremely high mentionable users
• high repo stars
• daily repo updates
• good watchers

---

Skycoin 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 overall sentiment is average indicating that this project could be spoken about more positively and more in the community. In general as the popularity of a project grows and as main stream awareness grows this score will go up. But conversely as people loose interest and stop talking about this project or if things take a turn for the worse then this score will go down.

Highlights:

• The overall sentiment is average

---

Skycoin 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 Skycoin?

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 Skycoin 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
• extremely high gitHub account watchers
• low reddit articles
• very poor search result count

---

Skycoin Awareness Score

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

Overall Skycoin 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:

• no search result total
• very poor news articles mentioning Skycoin
• poor news articles directly about Skycoin

---

Skycoin 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:

• Mature project age (released Apr 17, 2017)

---

Skycoin 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:

• very low 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.

Skycoin 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.