ADAPad
ADAPAD
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
ADAPad (ADAPAD) is an effectively dormant cross-chain launchpad project on Cardano and BNB Chain (with an Ethereum contract) originally launched during the 2021 market cycle. Across all evaluated dimensions, the project demonstrates severe stagnation: there is zero evidence of active software development, github commits, or protocol updates, alongside absent community engagement and governance activity. Economically, the token suffers from dead trading liquidity (24-hour volume under $250 to a few thousand dollars across aggregators), a micro-cap valuation under $100K, a restrictive 10% sell tax, and over 99.9% price drawdown from all-time highs. Structurally, CertiK security scans reveal high centralization risks, including unrenounced ownership over upgradable proxy contracts and extreme holder concentration (95.19% on Ethereum). Note: A data gap exists in Team and Governance (scored -1.0 due to a complete lack of verifiable sources matching ADAPad founders or leadership), which was excluded from the weighted average. No affirmative qualifying exploit or legal enforcement was established, but structural decay and dormancy warrant an Avoid recommendation.
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 ADAPad (ADAPAD)
ADAPad (ADAPAD) is a launchpad platform created during the 2021 market cycle, designed to facilitate project launches across Cardano and Binance Smart Chain (BNB Chain), with token contracts deployed on both BNB Chain and Ethereum. The platform utilizes the ADAPAD token, which has a fixed maximum supply of 1 billion units and features a tokenomics model that includes a 10% sell tax intended to fund ADA rewards.
The project demonstrates significant indicators of dormancy, with no evidence of ongoing software development, code releases, or recent project launches. Public records also show an absence of community governance proposals and verifiable information concerning the founding team or formal leadership. Market metrics show extreme micro-cap valuation and minimal trading liquidity, accompanied by a price decline exceeding 99.9% from its all-time high.
Security assessments from CertiK indicate several structural and centralization risks. The token operates via upgradable proxy contracts on both Ethereum and BNB Chain with unrenounced administrative ownership, and no completed third-party human code audit report has been verified. Additionally, on-chain metrics reveal extreme holder concentration, where major non-exchange wallets control 95.19% of the token supply on Ethereum and 42.65% on BNB Chain.