Tether Profile (USDT)
Project Safety Score
Wed, Jan 26, 2022 12:05 PM
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.”
Read more in the whitepaper:
Tether Smart contracts and audits.
Below are the available smart contract addresses and any associated contract audits.
Tether is a part of the following ecosystems.
Tether 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.
Tether Safety Report
Tether has a safety score of 6.34
Tether is a large cap token.
Tether is suited to a balanced 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.
- project team
- bitcointalk thread
Tether Red Flags
There are currently no Tether red flags.
Tether Development Score
The link to the projects repository has not been submitted yet.
Tether 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 positive
- Enough of a collection of articles to be just about confident of the sentiment
Tether 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 Tether?
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 Tether 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.
- extremely high hashtag tweets
- very poor reddit articles
- no gitHub account watchers
Tether Awareness Score
The awareness score indicates how well Tether 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 Tether is but a good measure of longevity is how well the project is known by the general public.
Overall Tether this project is well known by the general public. There are lots of articles and posts in the main stream media outside the crypto currency community.
- very good number of news articles mentioning Tether
- very good number of headlines about Tether
- good search result total
- very poor number of Tether YouTube videos
Tether 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?
- Mature project age (released Feb 25, 2015)
Tether 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
- extremely high 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.
Tether 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.
How complete is this profile:
Some missing data points
This profile is still waiting for the following data points
- project team
- bitcointalk thread
You Can Use Bitcoin ($BTC) and Ethereum ($ETH) to Buy a Super Rare Black Diamond That May Be From Outer SpaceSat, Jan 22, 2022 2:38 AM
MetisDAO TVL surges by 99,800% as the layer-2 race heats upFri, Jan 21, 2022 8:38 PM
Stablecoins: some key regulatory and enforcement initiatives ...Fri, Jan 21, 2022 7:38 PM
Chainlink (LINK) Competitor Rallies After Earning Support From Top Crypto Exchange BinanceFri, Jan 21, 2022 7:38 PM
$1.8 Million Record Crypto Poker Pot, Tony G & TsoukernikFri, Jan 21, 2022 6:38 PM