Data Ownership Protocol 2
DOP2
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Data Ownership Protocol 2 (DOP2) represents the v2 successor token following a migration from the original DOP protocol. A significant data gap exists in Community Support (scored -1.0), as retrieved sources lacked social metrics, Discord/governance activity, and community call data, necessitating weight redistribution among the remaining five sections. Across evaluated areas, DOP2 faces substantial headwinds: active development has stalled post-migration with no verifiable GitHub activity or recent milestones (2.5/10); market liquidity is thin ($107K-$156K daily volume) alongside a heavy supply overhang with ~25% circulating (3.0/10); and security is constrained by a ~98.5% unrecovered drawdown from all-time highs and an audit history (Hacken, April 2024) that predates and may not cover the active v2 smart contracts (3.5/10). On the positive side, the project maintains a publicly identifiable team with active communications and no recorded security exploits, defaults, or regulatory enforcement actions (5.8/10), and tokenomics were restructured to reduce total supply and team allocations (4.5/10). No qualifying red-flag event was affirmatively established to trigger the global score cap.
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 Data Ownership Protocol 2 (DOP2)
Data Ownership Protocol 2 (DOP2) is an ERC-20 token on the Ethereum blockchain that serves as the v2 successor following a migration and token fork from the original Data Ownership Protocol (DOP). The protocol is designed around zero-knowledge proofs to enable on-chain privacy, allowing users to hold and transact assets privately or selectively disclose their balances and activity. To address regulatory considerations associated with privacy-focused protocols, the project incorporates compliance screening mechanisms, including anti-money laundering (AML) and transaction monitoring tools.
The v2 migration restructured the protocol's tokenomics, reducing the total supply from 23.35 billion to 19.03 billion and reducing the team allocation by approximately 64% under an adaptive vesting framework. Governance operates at an early and transitional stage, utilizing off-chain Snapshot voting alongside planned staking-based governance mechanisms rather than fully autonomous on-chain DAO control. Only about 25% of the total supply is in active circulation, presenting a substantial multi-year unlock and dilution overhang.
DOP2 has experienced significant headwinds, including an unrecovered price collapse of approximately 98.5% from its all-time high of $0.04226 down toward its all-time low of $0.0005708, accompanied by micro-cap valuation and thin daily liquidity. Project development has stalled post-migration, with no verifiable open-source code repository updates or engineering milestones recorded. Furthermore, while the original DOP protocol smart contracts underwent a third-party security audit by Hacken in April 2024, this audit predated the deployment of the current DOP2 token contracts, leaving an unverified audit-coverage gap for the active v2 implementation.