Wrapped NXM profile
Wrapped NXM Profile (WNXM)
Score: 4.60 | Below Average
Adventurous Micro Cap
Project Safety Score

Thu, Dec 2, 2021 5:39 PM

Score 4.60
Rating Below Average
Market Cap $117836829.76135
24hr Volume $5878827.8227857
Price $70.267954327791
Review

Wrapped NXM

token

Ethereum

NXM token itself is created solely for internal use within the Nexus Mutual protocol and all of its holders must go through KYC. As such, a wrapped version is created to allow more users to own the token without having to do KYC. In the meantime it also improves its liquidity outside the protocol’s bonding curve by being listed on exchanges such as Uniswap and Binance.  To make use of the wNXM token, it first needs to be unwrapped into NXM by a registered member of Nexus Mutual. After it is unwrapped, wNXM becomes NXM and can be used as a normal token on the Nexus Mutual platform. 

Read more in the whitepaper:
https://nexusmutual.ioassets/docs/nmx_white_paperv2_3.pdf

Wrapped NXM Smart contracts and audits.

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

ETH: 0x0d438f3b5175bebc262bf23753c1e53d03432bde

Wrapped NXM 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

Wrapped NXM Safety Report

Wrapped NXM has a safety score of 4.6

Wrapped NXM is a micro cap token.

Wrapped NXM is suited to a adventurous investment style.


Wrapped NXM 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:
  • reddit
  • bitcointalk thread
  • tradingview profile

Wrapped NXM Red Flags

There are currently no Wrapped NXM red flags.


Wrapped NXM Development Score

The Wrapped NXM project has 15 active source code repositories.

The most recent commit was Mon, Nov 29, 2021 8:32 AM

  • 40 Watchers
  • 104 Stars
  • 57 Mentionable Users
  • 0 Vulnerabilities
  • 7 commits in the last 28 days.
Highlights:
  • extremely high repo stars
  • daily repo updates
  • poor stars
  • no watchers
  • very poor mentionable users

Wrapped NXM 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
  • A collection of articles to be just about confident of the sentiment

Wrapped NXM 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 NXM?

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 NXM has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

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

Wrapped NXM Awareness Score

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

Overall Wrapped NXM 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
  • poor number of news articles mentioning Wrapped NXM
  • poor number of headlines about Wrapped NXM
  • poor number of Wrapped NXM YouTube videos

Wrapped NXM 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:
  • Growing project age (released Jul 28, 2020)

Wrapped NXM 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:
  • below average 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 NXM 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.

WNXM
Member Ratings (WNXM)

--/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 Wrapped NXM, be the first to start the conversation.

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

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

81.25%

Complete
Profile Status

How complete is this profile:

Some missing data points

This profile is still waiting for the following data points

  • reddit
  • bitcointalk thread
  • tradingview profile
Member Signals

--/5

(no reviews)
Member Ratings
Market Cap Rank:
446
Voted:
--
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
Wrapped NXM Github
Wrapped NXM News
  • Top 3 wrapped tokens to buy on November 25 Wrapped Bitcoin, renDOGE, and Wrapped NXM?

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  • Top 3 Wrapped Token zum Kauf am 25. November: Wrapped Bitcoin, renDOGE und Wrapped NXM

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  • Top 3 ingepakte tokens om te kopen op 25 november

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  • Los 3 tokens envueltos principales para comprar el 25 de noviembre ¿Wrapped Bitcoin renDOGE y Wrapped NXM?

    Fri, Nov 26, 2021 12:00 PM

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  • Wrapped NXM (WNXM) Price Down 11.1% Over Last 7 Days

    Fri, Nov 26, 2021 12:00 PM

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