Unicake profile
Unicake Profile (UCT)
Score: 1.04 | Weak
Highly Speculative Nano Cap
Project Safety Score

Fri, Jan 21, 2022 7:03 PM

Score 1.04
Rating Weak
Market Cap $636342.35565025
24hr Volume $617.50704373
Price $6.3634235565025E-6
Review

Unicake

token

Binance Smart Chain

What is UniCAKE? UniCAKE Baked with love❤️, build and driven by the community. UniCAKE is not just another reflection token, and we are sure not just another community driven project, we aim to be more than that. Our goal is to build a strong community with a project really built and owned by the community. Building such a project involves more than creating a reflection token and renouncing the ownership. It all sounds good but there are a few problems with that approach. Rewarding Rewarding holders with tokens or with dividends of another more stable token is a good incentive to keep people enthusiastic about a project and let them earn money without selling their tokens. Still, the reflection/rewarding model is based on the volume that the token generates from trading. High volume means high payouts, and low volume means low payouts. When the momentum of a heavily hyped project declines, the rewards will decline with it, this is normal, but if the project solely relies on it, it’s a problem. Renounce Ownership Renouncing ownership is an excellent way to gain trust for a community project, but we think it is not good to do right at the beginning of a project just to gain trust. A smart contract with a renounced ownership is like an abandoned project, with a community hoping to moon anytime soon (there are a few exceptions). A bigger problem with these projects is that it’s impossible to fix bugs and security issues. Some of the biggest projects out there are vulnerable to attacks that can drain their liquidity, and these projects can’t do anything to fix them.

Read more in the whitepaper:
https://www.unicake.co/new-unicake-roadmap.pdf

Unicake Smart contracts and audits.

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

BNB: 0xDf9343973CbdB6D462527f8C2B383f4a16eFbF34


Ecosystems.

Unicake is a part of the following ecosystems.

Unicake 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

Unicake Safety Report

Unicake has a safety score of 1.04

Unicake is a nano cap token.

Unicake is suited to a highly speculative investment style.


Unicake 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 team
  • github
  • bitcointalk thread
  • tradingview profile
  • exchanges

Unicake Red Flags

Red flags are listed below. Checkout the red flag tab for a more in-depth analysis.


Unicake Development Score

The Unicake project has active source code repositories.

There have been no commit to any of this accounts repos

  • 0 Watchers
  • 0 Stars
  • 0 Mentionable Users
  • 0 Vulnerabilities
  • No commits in the last 28 days
Highlights:

    Unicake 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
    • Extremely low number articles to calculate the sentiment

    Unicake 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 Unicake?

    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 Unicake 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.

    Highlights:
    • below average hashtag tweets
    • no reddit articles
    • no gitHub account watchers

    Unicake Awareness Score

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

    Overall Unicake 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 poor search result total
    • no number of news articles mentioning Unicake
    • no number of headlines about Unicake
    • very low number of Unicake YouTube videos

    Unicake 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:
    • New project age (released Nov 25, 2021)

    Unicake 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:
    • 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.

    Unicake Red flags
    • The Github account previously existing account has been removed.
      The Github account (unicakecoin) linked to this project previously existing account has been removed.

      severity: warning
    Unicake Exchanges
    Unicake Explorers
    UCT
    Member Ratings (UCT)

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

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

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

    68.75%

    Complete
    Profile Status

    How complete is this profile:

    Lots of missing data points

    This profile is still waiting for the following data points

    • project team
    • github
    • bitcointalk thread
    • tradingview profile
    • exchanges
    Member Signals

    --/5

    (no reviews)
    Member Ratings
    Market Cap Rank:
    7218
    Voted:
    --
    Bulls v Bears:
    neutral
    Is Trending?
    Member signals do not affect the profile score.
    Unicake Reddit
    Unicake News