Wrapped XDAI Profile (WXDAI)
Project Safety Score
Wed, Dec 1, 2021 7:23 PM
Wrapped XDAI (WXDAI) is a token operating on the XDai platform. This project was released in early 2021.
Read more in the whitepaper:
Wrapped XDAI Smart contracts and audits.
Below are the available smart contract addresses and any associated contract audits.
Wrapped XDAI is a part of the following ecosystems.
Wrapped XDAI 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 XDAI Safety Report
Wrapped XDAI has a safety score of 1.92
Wrapped XDAI is a nano cap token.
Wrapped XDAI is suited to a speculative investment style.
Wrapped XDAI 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
Wrapped XDAI Red Flags
There are currently no Wrapped XDAI red flags.
Wrapped XDAI Development Score
The link to the projects repository has not been submitted yet.
Wrapped XDAI 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 XDAI 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 XDAI?
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 XDAI 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.
- no reddit articles
- very poor hashtag tweets
- no gitHub account watchers
Wrapped XDAI Awareness Score
The awareness score indicates how well Wrapped XDAI 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 XDAI is but a good measure of longevity is how well the project is known by the general public.
Overall Wrapped XDAI 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.
- very poor search result total
- no number of news articles mentioning Wrapped XDAI
- no number of headlines about Wrapped XDAI
- very low number of Wrapped XDAI YouTube videos
Wrapped XDAI 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 Mar 30, 2021)
Wrapped XDAI 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 low 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 XDAI 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