Added Web3REKT.com Token Analysis

July 30, 2022 - Completed adding a major module to the web3rekt.com Web3 database. The new module evaluate several attributes of a token.

The analysis considers attributes including:

• Verified Code: Indicates green if the source code has been verified. Verified source code offers a certain degree of assurance that the smart contract performs as stated. This is available on Ethereum and Binance Smart Chain.

• Cannot buy: Describes if the token can be bought. If buying is restricted, the indicator will be shown as red as lack of trading either in buy and sell may impact token price as well as its overall liquidity. However, do note that some tokens are issued as rewards and therefore cannot be bought directly by users.

• Cannot sell: Describes whether the contract has the function restricting token holder selling all the token. If the token can be sold. If selling is restricted, the indicator will be shown as red as lack of trading either in buy and sell may impact token price as well as its overall liquidity.

• Honeypot: Describes if the token is a honeypot in that the token cannot be sold because of the smart contract's design. Honeypot is generally a malicious contract and will indicate red if it is determined to be a honeypot.

• Hidden owner: Describes a token where the developers have ability to manipulate the contract after ownership has been renounced. Generally, the token with hidden owner represents a certain degree of risk especially with regard to rug pulls and other unintended actions.

• Resume ownership: Once a token contract is renounced (where contract owner is a blackhole address or null) the settings of parameters of the contract are disabled. This indicator will be shown as red if the ownership can be resumed, in which case, any or all parameters of the contract can then be altered.

• Anti-whale: Describes whether the contract has the function to limit the maximum amount of transactions or the maximum amount of coins held. Whales can exert significant influence on token price, accordingly, if detected, this indicator will be shown as green.

• As well as several other attributes...

Also added is the days in operation computed based on combination of domain registration, Twitter account age, deployer date and report date. The days can provide insights with regard to events such as rug pulls.

Also added is the token bubble map, describing the extent and the relationship of the token's holders to each other. Bubble map can provide insight to pump-and-dump scheme.

Lastly, we have completed the audit and KYC analyses for incidents from 2022 and audit analysis for major incidents dated to 2012. KYC data is still a work in progress.