A major gap in the crypto industry is closing!
We analyzed deadcoins and found that they all exhibited similar signals before becoming deadcoins. Based on these objective criteria, we developed a scale and analyzed seemingly healthy crypto assets. We identified those at risk of becoming deadcoins as walking deadcoins and listed some of them.
1 / Structural Issues
These fundamental risks cover the inability of cryptocurrency projects to meet survival conditions or fulfill their purpose due to a lack of essential competencies.
2 / Abandonment
Cryptocurrency projects, like all economic products, are meant to meet human needs and rely on strong communication with the community for success.
3 / Financial Risks
While strong financial conditions provide crucial leverage for a project's success, weaknesses in this area can spell disaster, even for excellent projects.
4 / Security Risks
Technological security risks can lead to irreversible and unfixable problems that significantly impact the viability of cryptocurrency projects.
5 / Other Risks
External risks, such as legal issues, can also prevent cryptocurrency projects from operating successfully and sustainably.
6 / Ponzi Risk
Assets with Ponzi risk are not evaluated within this rating framework. They are not even considered walking deadcoins because they are already born dead.
By assigning scores in each subcategory according to the ranges defined in the table, a rating score is determined for the main categories. The sum of the main categories then constitutes the final risk score of the asset.
The risk score for walking deadcoins ranges from 0 to 1. Healthy assets have a score of 0, while a score approaching 1 indicates an increasing risk of the asset turning into a deadcoin.
Although the rating is based on objective criteria and thorough analyses, there is still a margin for error, and the status of crypto assets can change over time. It is recommended that investors conduct their own research.