Verify Token profile
Verify Token Profile (VRFY)
Score: 1.60 | Weak
Highly Speculative Nano Cap
Project Safety Score

Fri, Jan 21, 2022 5:25 PM

Score 1.60
Rating Weak
Market Cap $2301407.5319177
24hr Volume $3286.35856669
Price $4.6028150638354E-8
Review

Verify Token

token

Binance Smart Chain

Verify – Bringing transparency and accountability to the cryptocurrency sector via our cloud-based platform, Verify Lens Verify Token is the native currency of the Verify platform, that says its goals is to ‘make cryptocurrency safe and accessible to all by collating data for greater transparency’. The Verify project revolves around the vision to ‘be the pioneer of digital identity and provide innovative value-added solutions in data storage and financial security’. The team behind the Verify platform say that there are critical use cases for the data and technology, which aims to prevent the incidence and prevalence of investment scams and frauds. Verify Lens is an all-in-one investor data analysis tool, where areas including contract security, transaction history, wallet tracking, and social media analytics are accumulated. By aggregating data across multiple sources and platforms, Verify Lens aims to spread greater cryptocurrency investing knowledge for informed decision-making. It also aims to provide clinical evidence of any warning signs or triggers in order to ensure the security of investors’ portfolios. By using both off-chain and on-chain data metrics, Verify Lens will utilise a comprehensive analytics algorithm in order to provide a “Verify’d” rating: an objective rating to guide users on the Verify platform on the safety of investment for tracked crypto-tokens and projects. Given ongoing concerns related to security, transparency and integrity within the blockchain space, Verify (VFY) combines investment security, blockchain education and philanthropy into a single project.

Read more in the whitepaper:
https://verifytoken.net/white-paper.pdf

Verify Token Smart contracts and audits.

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

BNB: 0x8ab03c1a8e094d6cb9f064a75fd0eff74acf6ccb


Ecosystems.

Verify Token is a part of the following ecosystems.

Verify Token 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

Verify Token Safety Report

Verify Token has a safety score of 1.6

Verify Token is a nano cap token.

Verify Token is suited to a highly speculative investment style.


Verify Token Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • github
  • bitcointalk thread
  • tradingview profile
  • exchanges

Verify Token Red Flags

There are currently no Verify Token red flags.


Verify Token Development Score

The link to the projects repository has not been submitted yet.


Verify Token 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

Verify Token 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 Verify Token?

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 Verify Token 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:
  • low reddit articles
  • very low hashtag tweets
  • no gitHub account watchers

Verify Token Awareness Score

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

Overall Verify Token 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:
  • extremely high number of Verify Token YouTube videos
  • very poor search result total
  • no number of news articles mentioning Verify Token
  • no number of headlines about Verify Token

Verify Token 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 Oct 26, 2021)

Verify Token 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.

Verify Token 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.

Verify Token Exchanges
Verify Token Explorers
VRFY
Member Ratings (VRFY)

--/5

0 reviews
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No one is talking about Verify Token, be the first to start the conversation.

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

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

75.00%

Complete
Profile Status

How complete is this profile:

Lots of missing data points

This profile is still waiting for the following data points

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

--/5

(no reviews)
Member Ratings
Market Cap Rank:
6475
Voted:
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Bulls v Bears:
neutral
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