Verify Token Profile (VRFY)
Project Safety Score
Fri, Jan 21, 2022 5:25 PM
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:
Verify Token Smart contracts and audits.
Below are the available smart contract addresses and any associated contract audits.
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.
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.
- bitcointalk thread
- tradingview profile
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.
- 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.
- 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.
- 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?
- 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
- 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.
How complete is this profile:
Lots of missing data points
This profile is still waiting for the following data points
- bitcointalk thread
- tradingview profile