BaaSid
BAAS
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
BaaSid (BAAS) is an Ethereum-based decentralized identity and authentication token originating from the 2017 ICO era, operated by BAAS HOLDINGS CO., LTD. Overall synthesis across all sections indicates a dormant, legacy project with negligible market traction. Active development is effectively nonexistent, with no active GitHub repositories, code releases, or roadmap milestones. Community and transactional metrics reflect severe inactivity, recording near-zero daily transfer volume and minimal trading liquidity ($157 to $4,700 daily across fragmented aggregators). Tokenomics present dilution and centralization risks, as 26% of the 10 billion hard-capped supply remains unvested and unaccounted for without public schedules. Governance is fully centralized within an anonymous corporate structure lacking public team disclosures or a DAO. While no security exploits, hacks, or regulatory enforcement actions were found, the project has never undergone a recognized third-party security audit. With an overall weighted score of 1.90, the token poses severe liquidity, governance, and abandonment risks.
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 BaaSid (BAAS)
BaaSid (BAAS) is an Ethereum-based ERC-20 utility token developed for decentralized identity, authentication-as-a-service, and decentralized data storage. Originating from the 2017 initial coin offering (ICO) period, the project is managed by BAAS HOLDINGS CO., LTD., a corporate entity registered in Yokohama, Japan. The token was designed to facilitate API access, platform services, and network-related utility within the BaaSid architecture.
The token operates with a hard-capped maximum total supply of 10,000,000,000 BAAS. Approximately 74% of the supply is in circulation, while the remaining 26% lacks a published allocation or vesting schedule. Governance is centralized within the issuing company, with no decentralized autonomous organization (DAO), on-chain voting mechanics, or publicly disclosed team members and advisors.
Evaluation data indicates that the project has transitioned into an inactive or dormant operational state. There is an absence of verifiable active development, public code repositories, roadmap updates, or third-party smart contract audits. In addition, the token experiences severe market illiquidity, near-zero daily transaction volume, and minimal on-chain transfer activity, presenting risks related to project abandonment and supply opacity.