Concentric Industries
CONCENTRIC
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
CONCENTRIC (Concentric Industries) is an illiquid micro-cap Solana token demonstrating pervasive operational dormancy and minimal transparency. Active development is effectively nonexistent (Score: 1.0/10), with total cross-source silence, no GitHub activity, and an empty public product footprint. Market and use case metrics (Score: 1.0/10) reflect an essentially abandoned asset with approximately $3,692 in market capitalization and negligible daily volume. Tokenomics (Score: 3.8/10) exhibits a fixed 1 billion token hard cap, but circulating supply, emissions, vesting schedules, and holder distribution remain completely opaque. Security and audit history (Score: 2.0/10) suffers from a complete absence of verified smart contract audits. Notable data gaps were identified in Community Support and Team and Governance (both scored -1.0), as search identity collisions with unrelated entities prevented verifiable evaluation; these sections were excluded and their weights redistributed proportionally. The weighted average score of 2.0 reflects a dead-scale, high-risk micro-cap.
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 Concentric Industries (CONCENTRIC)
Concentric Industries (CONCENTRIC) is an SPL token issued on the Solana blockchain. Stated mechanisms for the token include ecosystem membership, decentralized governance, and real-economy profit-sharing models. The token framework specifies a hard-capped maximum supply of 1 billion tokens, though circulating supply details, token allocation distributions, and vesting schedules are unverified.
The project demonstrates operational dormancy across major metrics. Public development records indicate an absence of active code repositories, release notes, or formal documentation, leaving its core technical infrastructure and roadmaps unsubstantiated. Trading metrics reflect near-zero liquidity and market capitalization, characterizing the asset as functionally stalled or abandoned, while identifiable team members and community channels remain undocumented in public records.
No smart contract audits or security platform ratings have been published for the CONCENTRIC Solana token. Security records highlight a potential name association with Concentric.fi, an EVM-based protocol that was exploited on January 22, 2024, resulting in $1,851,668.89 in losses—including approximately $154,406.53 taken from user spend-approvals—after an admin wallet compromise enabled malicious contract upgrades. While Concentric Industries is deployed on Solana rather than Ethereum-compatible chains, the unresolved linkage and complete lack of security audits represent material transparency and operational risks.