Wrapped DucatusX Profile (WDUCX)
Project Safety Score
Sun, Jan 23, 2022 5:43 PM
Binance Smart Chain
DucatusX is a fork of Ethereum using POA consensus algorithm and is an expansion of the Ducatus vision of creating user-oriented blockchains that offer transparency and accessibility to every type of user. It complements Ducatus Coin (DUC) in the Ducatus cashless economy. The first Ducatus blockchain for Ducatus Coin (DUC) was launched and the first live public Ducatus transaction was executed by CEO Ronny Tome with Dustin Trammell in October 2017 in Rome. Ducatus Coin (DUC) is a fork of Bitcoin designed to be a payment coin used in everyday life. In support of DUC, the company has introduced a group of Ducatus affiliate brick and mortar businesses that allow people to use cashless payments, including DUC -- from buying coffee through Ducatus Café to purchasing dream homes from Ducatus Property, holiday packages through Ducatus Travel, and more. It is also actively recruiting merchants who are open to receiving alternative forms of cashless payments through Ducatus Merchant partnerships. In 2020, DucatusX, a fork of Ethereum was created to maximise the potential of smart contracts and the use of blockchain as a way to push boundaries in various business models and applications. DUCX complements DUC perfectly as it serves as the blockchain of record of Ducatus-related platforms, such as Lease & Earn, a crowdfunding venture where everyday people can lease parts of high-value properties and earn DUC during the process uses the DUCX blockchain, and Proof of Gold, a platform that sells the hybrid gold+crypto Ducatus Prime gold coins and bars using the DUCX blockchain. Unlike Ethereum, DUCX uses a Proof of Authority consensus algorithm, which significantly reduces its maintenance cost. In the future, it is envisioned to switch to “Proof of Stake”, giving users even more confidence in choosing the DucatusX blockchain for their projects. On DucatusX, the blocks are produced regularly by 3 proven and secured nodes, resulting in stable cost and reliable speed of block production. The maximum number of coins is fixed at 777,874,204. DucatusX has low fees, smart contracts available, and we will enable only trusted project tokens. DucatusX has a strong supporting community and is currently trading on the decentralised exchange PancakeSwap.
Read more in the whitepaper:
Wrapped DucatusX Smart contracts and audits.
Below are the available smart contract addresses and any associated contract audits.
Wrapped DucatusX 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.
Wrapped DucatusX Safety Report
Wrapped DucatusX has a safety score of 2.67
Wrapped DucatusX is a nano cap token.
Wrapped DucatusX is suited to a speculative investment style.
Wrapped DucatusX 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.
- project team
- bitcointalk thread
- tradingview profile
Wrapped DucatusX Red Flags
There are currently no Wrapped DucatusX red flags.
Wrapped DucatusX Development Score
The Wrapped DucatusX project has 72 active source code repositories.
The most recent commit was Fri, Jan 21, 2022 11:58 AM
- 125 Watchers
- 5 Stars
- 2481 Mentionable Users
- 0 Vulnerabilities
- 49 commits in the last 28 days.
- extremely high mentionable users
- extremely high repo stars
- daily repo updates
- no stars
- poor watchers
Wrapped DucatusX 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
Wrapped DucatusX 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 Wrapped DucatusX?
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 Wrapped DucatusX 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 gitHub account watchers
- no reddit articles
- no hashtag tweets
Wrapped DucatusX Awareness Score
The awareness score indicates how well Wrapped DucatusX 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 Wrapped DucatusX is but a good measure of longevity is how well the project is known by the general public.
Overall Wrapped DucatusX 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.
- below average number of Wrapped DucatusX YouTube videos
- very poor search result total
- no number of news articles mentioning Wrapped DucatusX
- no number of headlines about Wrapped DucatusX
Wrapped DucatusX 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?
- Early project age (released Oct 6, 2021)
Wrapped DucatusX 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
- very poor 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.
Wrapped DucatusX 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
- project team
- bitcointalk thread
- tradingview profile