Tenset
10SET
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Tenset (10SET) demonstrates significant fundamental and structural risks across multiple domains. A major data gap exists in Active Development (scored -1.0), where search records failed to confirm ongoing development or code maintenance, necessitating a proportional redistribution of its weight across the remaining sections. Community support is weak (2.0/10), characterized by an absence of formal governance frameworks and extreme token concentration, with the top 10 holders controlling over 85% of the supply. Tokenomics (4.5/10) incorporate deflationary mechanisms and burn features, but are burdened by centralized treasury reserves lacking detailed vesting disclosures and weak organic demand. The project operates as a micro-cap with thin liquidity in a highly competitive launchpad niche (3.0/10). While the team is publicly doxxed (5.0/10) and no historical exploits or legal actions were identified, security evaluations (3.5/10) highlight outdated audits (CertiK, July 2022) with unresolved centralization findings and an unrecovered price drawdown. No qualifying red-flag cap events were triggered, but the aggregate score reflects high structural and liquidity risk.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Tenset (10SET)
Tenset (10SET) is a Dubai-based cryptocurrency and launchpad ecosystem founded in 2021 by Jonasz Miara. Operating primarily across Binance Smart Chain and Ethereum, the project is structured to connect traditional finance mechanisms with digital assets through an "ETF 2.0" portfolio concept. Tenset also operates project incubation and launchpad features, including its Gem Launch Platform and Infinity Airdrop programs, while pursuing strategic initiatives such as an October 2025 merger with Redacted.
The 10SET token functions as a deflationary utility asset within the ecosystem. Its economic structure incorporates a 2% transaction fee on transfers, which is divided equally between token burns (1%) and automatic redistribution to token holders (1%). In addition, the ecosystem utilizes profits from its portfolio investments to conduct token buybacks, aiming to reduce the circulating supply over time.
The project faces notable structural, market, and security risks. 10SET has experienced an unrecovered price drawdown exceeding 50% from historical levels, trading at micro-cap valuations with thin market liquidity. Smart contract audits conducted by CertiK, last updated in July 2022, identified two major centralization and privilege findings that remain acknowledged but unresolved. Furthermore, governance is entirely centralized with no decentralized autonomous organization (DAO) or on-chain voting for token holders. The token's supply exhibits significant concentration, with the top 10 holders controlling more than 85% of the total supply, alongside an absence of verifiable public data regarding ongoing software development activity.