Cronos ID
CROID
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
CROID (Cronos ID) serves as the domain naming and identity service protocol for the Cronos ecosystem. The overall assessment reflects significant fundamental and market weaknesses across multiple dimensions. Active development is minimal, with no verifiable repository updates, changelogs, or roadmap execution specific to CROID despite an operational frontend. Community support is virtually inactive, showing no active governance proposals or organic discussions beyond launch-era press releases. Tokenomics indicates structural utility (fee discounts, buyback-and-burn, and staking vaults) but suffers from substantial transparency gaps regarding circulating supply, vesting schedules, and potential token overhang with an FDV of ~$3.56M against a ~$650K market cap. Market metrics are very weak, characterized by extremely thin trading volume, a ~99% decline from its all-time high, and intense multi-chain competition. Governance is opaque, with an undisclosed team and no active DAO mechanisms. On security, CROID has a clean incident record with no protocol hacks or regulatory actions, alongside a dated SlowMist audit from August 2022, though it lacks recent audits, active bug bounties, or CertiK verification. No qualifying red-flag event cap was applied, and the score reflects the exact weighted average across all sections.
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 Cronos ID (CROID)
Cronos ID (CROID) is a decentralized identity and domain name service protocol operating on the Cronos blockchain. Launched in November 2022, the project provides the ".cro" domain naming service, allowing users to establish an on-chain identity and access messaging and domain management services within the Cronos ecosystem. CROID serves as the native utility and governance token for the platform.
The protocol's token model incorporates a revenue-sharing framework where 20% of protocol revenue is allocated to token buyback-and-burn mechanics, 40% to staking rewards, and 40% to the treasury. Token utility includes governance rights, domain fee discounts, and participation in fixed-term staking vaults tied to domain ownership. The project's smart contracts underwent an audit by SlowMist in August 2022.
Cronos ID has experienced significant market contraction, with the CROID token declining approximately 99% from its all-time high of $0.459239, alongside thin trading volume and low liquidity. Additional risks include an undisclosed core team, the absence of active on-chain DAO governance or formal voting procedures, and no verifiable public repository updates or follow-up smart contract audits following its initial 2022 deployment.