END
END
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
END serves as the in-game and ecosystem utility token for Endless Clouds' MMORPG title Treeverse across Ethereum and Immutable zkEVM. The project maintains solid active game development, releasing regular monthly engineering logs and iterative playable builds. However, its overall profile is constrained by several structural and market risks. Smart contracts lack public third-party audit reports, and the project operates under centralized foundation governance with a pseudonymous founder (Loopify). Economically, the token suffers from acute liquidity constraints, characterized by micro-cap market capitalization (~$440k-$520k), negligible daily trading volume ($35-$635), high holder concentration, and a post-TGE drawdown exceeding 96% from its all-time high. No qualifying security exploits, regulatory enforcement actions, or fraudulent activities were identified.
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 END (END)
END (END) is the native utility and ecosystem token developed for Endless Clouds, supporting gaming titles including the mobile MMORPG Treeverse and Capsule Heroes. Issued by the Endless Clouds Foundation, the token operates as a standard ERC-20 contract on Ethereum mainnet and is bridged to Immutable zkEVM. The project was launched following $6.25 million in backing from investors such as Animoca Brands and IDEO CoLab, with operations led by pseudonymous founder Loopify.
The token has a hard-capped maximum supply of 500,000,000 END, with an initial circulating supply of 155,500,000 tokens (31.1%) at its Token Generation Event (TGE). Allocations include approximately 32.45% for community initiatives and airdrops, 20.00% for the core team, 10.00% for the ecosystem fund, and roughly 10.88% for investors subject to a 6-month cliff and 24-month linear vesting schedule. Functionally, END is designed as an in-game currency used to acquire cosmetics, battle passes, and guild upgrades.
Following its initial token rollout and airdrop claim distribution in July 2025, END experienced a sharp price crash, declining by more than 96% from an all-time high of $0.08762 to trade below $0.004. The token's risk profile is characterized by micro-cap market valuation, constrained liquidity across decentralized exchanges like Uniswap V3 and QuickSwap V3, centralized foundation governance without a DAO, and the absence of published third-party smart contract audit reports.