BasedAI
BASEDAI
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
BASEDAI (BasedAI) displays severe weaknesses across multiple evaluation pillars, resulting in an overall low assessment. Note on data gaps: Market and Use Case had insufficient data (-1.0) and was excluded from the weighted scoring calculation, with its weight redistributed across the other five categories. Active development is sluggish (2.5/10) with no documented releases, changelogs, or governance updates for 2025-2026. Community engagement is largely dormant (1.5/10), characterized by minimal daily volume (~$992) and an absence of active governance discussions despite an on-chain holder base. Tokenomics (3.5/10) benefits from a fully circulating fixed supply (~35.6M tokens) with renounced contract ownership, but suffers from low market liquidity and unverified utility demand drivers. Team and governance (4.5/10) face transparency concerns due to pseudonymous leadership under 'Based Labs' and brand ambiguity with unrelated corporate entities. Security and audit history (2.5/10) highlights no formal third-party audits, automated scan flags (24 alerts, 'Poor' application/infrastructure ratings, and a Grade E website rating), although no confirmed exploits, hacks, delistings, or legal proceedings were found. No qualifying red-flag cap was triggered.
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 BasedAI (BASEDAI)
BasedAI (BASEDAI) is an artificial intelligence-focused network associated with an Ethereum smart contract and the getbased.ai domain. The project framework centers on a Layer-1 zero-knowledge large language model (zk-LLM) architecture, supported by public developer tools including a command-line interface, a Python package, and research documentation exploring Fully Homomorphic Encryption applied to language models.
The network token operates with a fixed supply of approximately 35.6 million to 36 million tokens, with virtually the entire supply reported in circulation. Contract ownership has been renounced to the zero address, preventing administrative key modifications such as manual minting or blacklisting. The development and governance of the network are led by a pseudonymous group known as Based Labs, which acknowledged initial centralized administration following the Genesis Block, complemented by a stake-weighted governance model designed around 'GigaBrains.'
BasedAI presents multiple risk factors across development, liquidity, and security. Development appears stalled, with no documented code releases, changelogs, or governance proposals recorded for 2025–2026, alongside low daily trading volume and micro-cap market liquidity. In terms of security, the smart contract lacks a verified third-party audit; automated analysis reported 24 code alerts, poor infrastructure and application ratings, and a Grade E website security rating. No hacks, exploits, or regulatory enforcement actions have been identified against the project, though branding ambiguity remains with an unrelated enterprise entity sharing a similar name.