Grin
GRIN
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
GRIN (Grin) is an open-source, privacy-focused Layer-1 cryptocurrency implementing the Mimblewimble protocol. While the project exhibits a clean security track record with zero loss-of-funds exploits, completed historical audits, and a principled fair-launch ethos with no premine, it suffers from severe operational, economic, and market headwinds. Active development has settled into a low-intensity, maintenance-only posture with high bus-factor risk and minimal recent shipping evidence. Community engagement has largely stagnated with no active governance framework. Economically, perpetual linear inflation (1 GRIN/sec indefinitely) creates continuous dilution with minimal organic demand-capture. Furthermore, the market profile reflects severe capital flight, characterized by an all-time drawdown exceeding 98%, a depressed market capitalization ($2.8M-$4.5M), and extremely low daily liquidity ($1K-$5K) that threatens network sustainability.
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 Grin (GRIN)
Grin (GRIN) is an open-source, privacy-focused Layer-1 cryptocurrency built on its own native Proof-of-Work blockchain utilizing the Mimblewimble protocol. Designed as private peer-to-peer digital cash, the protocol uses cryptographic techniques to conceal transaction amounts and user identities while preventing historical transaction bloat. Grin launched as a community-driven fair launch with no premine, initial coin offering, or founder reward allocations.
The network employs a perpetual linear token emission model of 60 GRIN per block (approximately 1 GRIN per second) with no maximum supply cap and no halving schedule, designed to provide consistent miner incentives and avoid coin hoarding. From a security perspective, Grin underwent a third-party security audit by Coinspect in 2019, where identified vulnerabilities were remediated. Although the project has disclosed and patched several historical Common Vulnerabilities and Exposures (CVEs), the network has recorded no loss-of-funds exploits, chain halts, or double-spend incidents.
Grin operates under significant operational, economic, and market headwinds. Active development has transitioned into a low-intensity, maintenance-only posture with high contributor concentration, while its historical governance frameworks have been retired without an active DAO or voting mechanism. Economically, perpetual supply dilution combined with weak demand has contributed to sustained capital flight; the token has suffered an all-time price drawdown exceeding 98% and a 1-year decline of 66.87%. Market liquidity remains severely constrained with daily trading volumes hovering between $1,000 and $5,000 alongside a depressed market capitalization between $2.8 million and $4.5 million.