Blockchain Brawlers
BRWL
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
BRWL (Blockchain Brawlers) is an in-game play-to-earn utility token created by WAX Studios that has entered severe terminal decline. Active development is entirely stalled with no recent GitHub activity, updates, or roadmap milestones. Community engagement and governance participation are practically nonexistent, characterized by minimal on-chain holders (~1,048) and fully centralized control under WAX Studios without a DAO. The tokenomics model has experienced an economic collapse, with BRWL suffering an unrecovered >99.9% price drawdown from its all-time high, near-zero trading volume, and extremely thin liquidity (~$7.5K). While a CertiK Skynet page exists with a 62.16 score, no public audit report is accessible. No smart contract exploits, hacks, or regulatory enforcement actions were identified, indicating the token's demise is the result of play-to-earn economic failure and abandonment rather than malicious fraud. Based on the weighted average of all six evaluated sections, BRWL scores 1.8/10.
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 Blockchain Brawlers (BRWL)
Blockchain Brawlers (BRWL) is the in-game utility and reward token for a professional wrestling-themed play-to-earn non-fungible token (NFT) game developed by WAX Studios. Launched on March 30, 2022, by a leadership team including William Quigley, Jonathan Yantis, and Michael Rubinelli, the project operates on the WAX blockchain alongside an associated smart contract on Ethereum. Within the game ecosystem, BRWL was established as an asset for crafting, in-game rewards, and interactions involving items such as Gold NFTs and Swag Kits.
The tokenomics structure consists of a total and circulating supply of 1 billion tokens with no additional scheduled token unlocks or automated burn mechanisms. Project governance remains centralized under WAX Studios without a decentralized autonomous organization (DAO) or community voting framework. While the project holds an entry on CertiK Skynet with a score of 62.16 (Rating Tier B), no publicly readable security audit report is accessible for independent verification.
Following its launch, the Blockchain Brawlers economy entered a steep decline. The token experienced a severe, unrecovered price crash of more than 99.9% from its April 2022 all-time high of $0.75, resulting in a micro-cap valuation, extremely thin liquidity of roughly $7,500, and near-zero daily trading volume across an on-chain base of approximately 1,048 holders. Development and maintenance have stalled, with no recent code commits, roadmap milestones, or governance activity. No smart contract exploits, security breaches, or regulatory actions have been documented, indicating that the token's decline reflects economic contraction rather than security failures.