Faircaster
FAIR
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Faircaster (FAIR) is a micro-cap token on Base with severe fundamentals across all evaluated categories. Active Development suffered from a data gap due to identity verification issues and name collisions in retrieved sources, and was excluded from the weighted score calculation. The token displays an inactive and highly concentrated community presence (1.0/10), heavily centralized tokenomics with roughly 60% insider control at launch and no documented utility (2.5/10), negligible trading volume and thin liquidity with an unverified status on major wallets (2.0/10), minimal team transparency with zero governance documentation (2.5/10), and an unaudited smart contract flagged as High Risk by automated scanners (2.5/10). No qualifying red-flag exploit, hack, or confirmed fraudulent activity was affirmatively recorded, but the combination of extreme supply centralization, zero verified development, and poor liquidity poses substantial capital risk.
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 Faircaster (FAIR)
Faircaster (FAIR) is an ERC-20 token deployed on the Base blockchain. The token was launched with a fixed maximum supply of 100 billion FAIR without native burn or buyback mechanics. Associated in public records with builder Luc de Leyritz, a General Partner at Re7 Social, the project lacks an established official website, verified public development activity, and formal governance frameworks.
FAIR operates without a documented utility or clearly defined use case. The token's distribution features heavy initial concentration, with roughly 60% of the total supply controlled by insiders at launch, consisting of a 29.2% developer purchase and a 30% allocation held in a ClankerVault, without recorded vesting schedules. On-chain ownership remains concentrated among a small number of holders, accompanied by thin market liquidity and low trading volume, with the asset flagged as unverified on platforms like Phantom.
Market performance has seen significant contraction, with FAIR experiencing a price drawdown of approximately 95.2% below its all-time high. Faircaster has not completed any formal smart contract audits from recognized cybersecurity firms. Automated third-party security scans have designated the project as high risk, citing poor application security and low web security scores. While no smart contract exploits, hacks, or regulatory enforcement actions have been identified, the absence of public security documentation and high supply concentration represent notable risks.