Mey Network

Mey Network (MEY) presents a highly speculative investment profile characterized by a significant disparity between its marketing promises and verifiable execution. While the project benefits from the corporate backing of the Vietnam-based PropTech firm Meey Group and operates within the high-growth Real-World Asset (RWA) sector, it fails critical technical and fundamental due diligence checks. Key red flags include a near-total absence of public development activity (0.5/10), no completed security audit, and a tokenomics structure with a dangerously low circulating supply (<13%) that creates massive future inflationary pressure. The community appears largely driven by speculative airdrop incentives rather than organic utility. Until the project can demonstrate a functional Layer 1 testnet, publish code, and undergo a formal audit, it remains a 'promise-based' asset with excessive risk.