Electronic Gulden
EFL
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Electronic Gulden (EFL) is an early, Dutch-oriented peer-to-peer payment cryptocurrency functioning as a Litecoin fork. The project is effectively dormant across all fundamental operational areas. Active development has ceased, with no visible updates or GitHub activity recorded since late 2017. Tokenomics feature a sound Bitcoin-like fixed supply of 21 million units, but demand is near zero, evidenced by negligible daily trading volumes of $3 to $30 and extreme exchange concentration. The market and use case evaluation reflects an illiquid, inactive micro-cap asset with no clear adoption or differentiation. Security-wise, while inheriting Litecoin's codebase provides baseline structural integrity and no catastrophic security breaches or exploits were identified, the project has never undergone independent third-party audits and lacks active maintenance. Significant data gaps exist in both Community Support and Team and Governance (both scoring -1.0) due to an absence of verifiable social channels, governance records, and active organizational data.
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 Electronic Gulden (EFL)
Electronic Gulden (EFL), also known as e-Gulden, is an effectively abandoned peer-to-peer payment cryptocurrency that operates on an independent UTXO-based blockchain. Originating as a fork of the Litecoin codebase (C++) and associated with the Electronic Gulden Foundation in the Netherlands, the project was originally conceived as a localized Dutch digital currency for peer-to-peer transactions.
The project's tokenomics follow a fixed-supply model with a maximum cap of 21,000,000 EFL, characterized by near-zero ongoing issuance and no vesting overhang. However, market adoption and liquidity are virtually nonexistent. The token experiences severe market concentration on a single exchange, with daily trading volumes typically ranging between $3 and $150, alongside inconsistent circulating supply figures.
EFL is functionally dormant, with active software development and repository updates stalled since late 2017. The network and its custom Electrum wallet container have not received independent third-party security audits. Additionally, there is an absence of verifiable data regarding active team members, legal standing of the foundation, governance activity, or community channels.