dKargo
DKA
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
dKargo (DKA) is a blockchain-based logistics protocol founded in 2018 in Seoul, South Korea, maintaining an operational Layer-3 architecture and public repository. The overall evaluation indicates moderate structural maintenance alongside notable operational and security weaknesses. On the positive side, the token has a fixed supply with virtually no remaining unlock overhang, and the project has maintained an incident-free track record with no recorded exploits, legal actions, or hostile exchange delistings. However, developer shipping velocity is modest with sparse 2026 commits, community engagement is minimal with only ~4,481 on-chain holders, and there is no affirmative evidence of enterprise adoption or commercial transaction volume in the logistics sector. Crucially, the project lacks any verified third-party smart contract audits, and token distribution remains heavily insider-concentrated (~65%). There are no data gaps or qualifying red-flag events that trigger score caps; the overall score directly reflects the weighted average across all evaluated pillars.
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 dKargo (DKA)
dKargo (DKA) is a blockchain-based logistics protocol founded in 2018 in Seoul, South Korea. The platform is designed to address inefficiencies in supply chain networks by using the DKA token for payments and incentive rewards among logistics participants. The project operates on the Ethereum network and maintains a Layer 3 blockchain architecture, an SDK, and technical documentation, with technical plans outlining the token's role as a gas asset on an Arbitrum-based Layer 3 chain.
The DKA token has a fixed total supply that is nearly fully unlocked, reducing future token unlock overhang. The project raised approximately $16.2 million across three funding rounds, including a public sale in 2020. Token utility centers on ecosystem payments and network governance, though documented governance processes currently lack detailed on-chain voting frameworks.
Key risks and limitations identified in project evaluations include a lack of third-party smart contract audits and a low code security assessment. Additionally, token distribution shows heavy insider concentration, with approximately 65% allocated to non-public entities. While dKargo has no recorded history of security exploits, regulatory enforcement actions, or hostile delistings, public development velocity has slowed, on-chain holder counts remain small, and there is no verified evidence of commercial enterprise adoption or transaction volume.