EurocoinToken
ECTE
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
EurocoinToken (ECTE) is an ERC-20 payment-focused token deployed on Ethereum in 2019. Across all evaluated categories, the project demonstrates severe foundational weaknesses. Development is effectively dormant, with only 10 commits on an unmaintained GitHub repository using an outdated Solidity compiler (v0.4.25). Tokenomics are heavily centralized, with approximately 121 holders, an estimated circulating float of just 5.4%, and no public vesting or emission schedules. Team and governance structures are opaque and fully centralized under the operator with unverified corporate claims. In security, the contract is unaudited, though no specific security exploits or regulatory enforcement actions were identified. A notable data gap exists in Community Support (-1.0), as no verifiable official social channels, governance forums, or active communities were retrievable. Excluding Community Support, the proportionally weighted average score is 2.4/10.
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 EurocoinToken (ECTE)
EurocoinToken (ECTE) is an ERC-20 token deployed on the Ethereum blockchain in February 2019. Designed as a euro-denominated utility asset, the token was created to facilitate micropayments and cross-border transactions for B2B and B2C merchants within the proprietary EurocoinPay payment gateway and wallet application.
The project operates on a fixed total supply of 100,000,000 tokens, managed under a centralized structure directly tied to the EurocoinPay operator. The tokenomics show a low circulating float of approximately 5.4% and a concentrated distribution with around 121 token holders. The smart contract was deployed without public vesting, emission, or burn schedules, and the underlying repository relies on an outdated compiler version (Solidity v0.4.25) without subsequent development updates.
ECTE has experienced significant market contraction, trading at a drawdown exceeding 91% from its all-time high of $0.44. The project exhibits indicators of dormancy, including an unmaintained code repository with only 10 lifetime commits, no record of smart contract audits by security firms, unverified corporate claims, and an absence of active community engagement or governance forums. While no smart contract exploits or direct regulatory actions have been documented, the token faces limited exchange listings and low market liquidity.