Flute

The Flute (FLUT) project exhibits all the hallmarks of a 'zombie' or abandoned venture, resulting in a critically low overall assessment. Active development is effectively non-existent (Score 0), with no public code repositories or evidence of maintenance. This technical stagnation is mirrored by the community support (Score 1), where engagement is negligible and daily trading volumes are frequently under $100. While the tokenomics (Score 3.5) theoretically offer a standard fixed-supply structure, the utility depends on an ecosystem that is inactive. The project attempts to enter the decentralized music streaming market but lacks any competitive differentiator against established players like Audius (Market Score 3). Furthermore, the project is plagued by severe transparency issues: the team is entirely anonymous with no accountability (Team Score 1), and there are no security audits to verify the smart contracts (Security Score 1). With no governance, no development, and no liquidity, the project appears to have suffered a 'soft rug' or total abandonment, presenting extreme risk to any potential investor.