Creditcoin
CTC
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Creditcoin (CTC) is an EVM-compatible Layer 1 blockchain focused on real-world asset (RWA) and DePIN credit recordkeeping for emerging markets. Active development shows consistent progress, highlighted by milestone deliveries and a 2026 Chainlink CCIP integration. Tokenomics are structurally solid with a 600M fixed supply and permanently disabled minting, though tempered by low visible organic demand and centralized foundation distribution. Governance remains foundation-centric despite executed on-chain proposals (CIP-1). On the security front, audits are dated (2022) with an unresolved Critical centralization finding, and the security score was penalized by an unrecovered drawdown from its $8.71 all-time high, though no on-chain exploits, hacks, or regulatory actions were reported (a 2024 CVE in node software resulted in no loss of funds). Note that a data gap was identified in Community Support (-1.0) due to missing social engagement metrics; its weight was proportionally redistributed to the remaining 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 Creditcoin (CTC)
Creditcoin (CTC) is an EVM-compatible Layer 1 blockchain designed to record off-chain credit transactions and facilitate real-world asset (RWA) and DePIN lending, with a focus on emerging markets. The network features a native token, CTC, which has a fixed maximum supply of 600 million tokens with a permanently disabled minting contract. Governance proposals, such as the CIP-1 proposal executed via OpenSquare in October 2023 to establish the wrapped token wCTC, guide protocol development, alongside technical integrations such as Chainlink CCIP.
Governance and development are primarily coordinated by the Creditcoin Foundation, which oversees developer initiatives and ecosystem funding programs. While the project maintains an active development roadmap, individual founder identities and detailed operational credentials are not fully documented in available project disclosures, reflecting a centralized foundation governance structure rather than a fully autonomous decentralized organization.
The project has experienced significant market contraction, suffering an unrecovered price drawdown of roughly 99% from its all-time high of $8.71 down to approximately $0.086. In terms of security, code audits conducted by CertiK in 2022 identified an unresolved Critical finding categorized under centralization and privilege risks. Additionally, in January 2024, a security vulnerability (CVE-2024-22410) involving binary planting on Windows node software was disclosed, though no protocol-level hacks or fund losses resulted from the vulnerability.