CargoX
CXO
Evaluation Score
Overall rating on a scale of 0-10
Crypto Token Health Score Explained
Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.
AI Analysis
Comprehensive evaluation of the token
Overall Analysis
CargoX (CXO) offers a pragmatic solution to digitize Bills of Lading on Ethereum, delivering real-world efficiency gains in trade finance. Development activity is steady, quality controls are robust, and token utility aligns with platform fees, creating predictable demand. However, community engagement is modest, governance is centralized under CargoX GmbH, and large foundation holdings pose medium sell-pressure risk. Competition from permissioned consortia and regulatory hurdles may slow adoption, while the lack of on-chain governance or burn mechanisms limits speculative upside. A formal external audit and enhanced grassroots outreach would bolster confidence.
Detailed Analysis by Category
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 CargoX (CXO)
CargoX (CXO)
CargoX (CXO) is an ERC-20 utility token powering the world’s first blockchain-based Document Transfer System (CDS) for digital negotiable shipping documents. Built on Ethereum, CXO enables secure, transparent, and cost-efficient exchange of documents such as Bills of Lading across global supply chains.
Key Features
- Token Name: CargoX
- Symbol: CXO
- Standard: ERC-20 (Ethereum)
- Use Case: Payment of transaction fees within the CargoX Document Transfer System
What Is CargoX?
CargoX replaces legacy paper processes by leveraging smart contracts to record every transfer of ownership for shipping documents on the Ethereum blockchain. This reduces paperwork, mitigates fraud, and accelerates trade finance workflows.
Benefits
- Enhanced transparency and traceability of document transfers
- Faster release and acceptance of Bills of Lading
- Lower operational costs compared to traditional paper handling
- Interoperability with existing logistics and trade finance platforms
Blockchain & Token Utility
CXO tokens are used to settle fees for:
- Creating and transferring digital negotiable documents
- Verifying document authenticity on-chain
- Accessing APIs and integration tools for enterprise partners
For more details, explore the CargoX GitHub, whitepaper, or visit the official website.
Similar Rated Tokens
More for DeFi Investors
- Yield Farming Analysis: Discover the best tools and strategies for maximizing your returns from yield farming in DeFi.
- AI vs Fundamentals: See how Token Vitals combines AI crypto price prediction with fundamental analysis for a balanced investment perspective.
- Risk Scores Explained: Learn how our crypto risk scores differ from traditional credit scores and what that means for your portfolio.
- On-Chain Metrics: Understand which on-chain metrics matter most when investing in tokens and how to use them effectively.
- US Investor Analytics: Access crypto analytics designed for US investors, including features to help with tax tracking and compliance.
- Finding Value: Explore our data-driven lists to uncover top undervalued DeFi tokens for 2025 and beyond.