LikeCoin
LIKE
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
LikeCoin (LIKE) presents a weak overall profile across multiple critical dimensions. While the project features a known, public founding team led by Kin Ko and maintains ongoing technical updates—including an approved migration from its legacy Cosmos SDK chain to Base (v3)—it suffers from severe commercial, structural, and market limitations. Tokenomics are fundamentally weak, characterized by an uncapped, inflationary supply model (7–20% annual inflation in official documentation), concentrated staking among a small validator set, and ambiguous vesting or bridging mechanics. Market metrics indicate a near-dead market with negligible liquidity, sub-$1M market cap, and a 99.9% drawdown from all-time highs. Furthermore, Security and Audit History reveals a total structural absence of independent third-party smart contract audits for both legacy and newly deployed Base L2 contracts, though no protocol-level exploits or legal proceedings have been identified. Community participation and organic voter engagement remain minimal, while the ongoing token migration from Cosmos to Base creates fragmentation and liquidity risks.
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 LikeCoin (LIKE)
LikeCoin (LIKE) is a decentralized publishing and content monetization protocol that underwent a governance-approved migration from its legacy Cosmos SDK blockchain to an ERC-20 token on the Base network. Founded in 2017 by Kin Ko through the LikeCoin Foundation in Hong Kong, the project is designed to provide decentralized infrastructure for digital publishing and creator attribution. The LIKE token is utilized within the ecosystem for transaction fees, protocol usage, and governance participation via Snapshot voting and treasury allocation.
The protocol provides tools for content creators and publishing platforms to register and distribute digital works. Tokenomics for LIKE feature an uncapped supply structure with an official annual inflation rate documented between 7% and 20%. In its legacy network state, token distribution was concentrated among the top 50 active validators, who collectively held approximately 69.35% of the bonded supply, while the shift to Ethereum Layer-2 infrastructure introduces Uniswap liquidity pools and updated bridging mechanics.
The project faces notable market and structural risks. LIKE has experienced a drawdown of approximately 99.9% from its all-time high, accompanied by low trading volume, sub-$1 million market capitalization figures, and minimal documented community engagement. Additionally, there is a total absence of published third-party smart contract audits for both the legacy network and the Base L2 contracts, though an ecosystem-level WordPress plugin vulnerability (CVE-2025-46527) was previously resolved without protocol fund losses.