Corn
CORN
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
CORN (Corn) achieves an overall score of 3.3/10 based on available data. Data gaps were encountered in Community Support (-1.0) and Team and Governance (-1.0) due to search ambiguity and missing token-specific records, so their weights were redistributed proportionally across the remaining categories. While Security and Audit History scored relatively well at 7.5/10 due to multiple verified third-party audits (Spearbit, Hexens, Ottersec, Cantina) and a CertiK Skynet score of 86.62 with no security exploits, the fundamental and operational metrics remain severely distressed. Active Development scored 3.0/10 with an announced pivot toward stablecoin settlement that currently lacks shipped code or timeline clarity. Tokenomics scored 1.5/10 due to massive locked supply overhang (75-84% locked), high insider allocations (48%), and reports of a project shutdown. Market and Use Case scored 2.0/10 reflecting weak differentiation and negligible market traction. Due to severe dilution risks and uncertain project continuity, the token carries extreme risk.
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 Corn (CORN)
Corn (CORN) is a cryptocurrency associated with the Corn Network, an Ethereum Layer 2 network initially developed to support Bitcoin-focused decentralized finance and smart contract applications. The CORN token was created with a total supply of 2.1 billion to facilitate network utility, including staking, governance participation, and liquidity provisioning across its infrastructure.
The project's underlying infrastructure and bridge components, such as Bitcorn and the Wrapped Asset Bridge, have been audited by third-party security firms including Spearbit, Hexens, Ottersec, Zenith, and Cantina. The project maintains an 86.62 AA rating on CertiK Skynet, though the core team members have not undergone third-party KYC verification, and the network operates with acknowledged key-person and bridging smart contract risks.
Corn faces substantial operational and tokenomic risks. Evaluation data indicates severe supply overhang, with an initial circulating float of 0% at launch, roughly 48% of the token supply controlled by insiders, investors, and the foundation, and 75% to 84% of total supply remaining locked under vesting schedules. Furthermore, while the project announced a strategic pivot toward a Tether (USDT)-anchored stablecoin settlement network, the planned upgrade lacks public code releases or definitive timelines, and external industry tracking data indicates an announced project shutdown affecting token demand and utility.