BinStarter
BSR
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
BinStarter (BSR) receives an overall weighted score of 3.0/10.0. The evaluation was subject to data gaps in Community Support (-1.0) and Team and Governance (-1.0), where missing activity metrics, leadership identities, and governance records required redistributing their combined 30% weight across the remaining sections. Active Development (3.0) and Tokenomics (3.0) reflect high opacity, reliance on self-reported social announcements, lack of public repositories, and inconsistent supply disclosures alongside heavy pre-sale allocations. Market and Use Case (2.0) highlights micro-cap status ($355K-$406K market cap), extreme illiquidity, and an unrecovered >99% drawdown from all-time highs amidst stiff launchpad competition. Security and Audit History (4.0) identified no confirmed exploits or honeypots via CertiK Token Scan, but emphasizes the absence of a formal code audit and a substantial 38% major-holder concentration. Additionally, the project underwent a contract migration to BSR 2.0 in June 2024, triggering the migrated token rule.
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 BinStarter (BSR)
BinStarter (BSR) is an insured IDO launchpad token on BNB Chain (Binance Smart Chain) that executed a contract migration to BSR 2.0 in June 2024. Operating as an initial DEX offering platform, the BEP-20 token is designed to facilitate access to project sales through an eight-level tier system and staking mechanisms with varying lockup periods.
The project's tokenomics allocated 65% of its supply to sales rounds without published vesting schedules, accompanied by inconsistent supply metrics across data providers. An automated on-chain screening by CertiK identified baseline contract parameters such as a 0% transaction tax and the absence of minting functions, while also noting a major holder concentration of approximately 38% of the supply.
BinStarter has experienced significant market contraction, suffering a drawdown of over 99% from its all-time high of $3.77 down to micro-cap status with minimal trading liquidity. Additionally, the project lacks formal third-party smart contract audits, public development repositories, and transparent documentation regarding leadership identities and governance.