Mongol NFT
MNFT
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
MNFT (Mongol NFT) presents a very weak overall investment profile across all analyzed dimensions, resulting in a weighted average score of 2.6. In Active Development (1.5/10), the project operates in a stalled or maintenance-only posture with zero verifiable public repository activity, commits, releases, or developer activity. Community Support (1.0/10) reflects near-dormant status with low holder counts, minimal lifetime transactions, and a total absence of recent governance or social engagement. Tokenomics (3.5/10) is constrained by heavy insider allocations (30%), unverified vesting schedules, and reliance on unverified audit and utility claims. Market and Use Case (2.5/10) shows micro-cap status, severe liquidity constraints, and an 86% drawdown from all-time highs. Team and Governance (4.5/10) identifies identifiable regional founders in Ulaanbaatar but lacks verifiable track records or genuine DAO decentralization. Finally, Security and Audit History (2.5/10) highlights extreme token concentration (99.58% on BNB Chain and 100.00% on Polygon) and unverified audit claims, though no direct exploits or regulatory actions were recorded. No data gaps or qualifying red-flag cap triggers were present, as the weighted score mathematically reflects the underlying section evaluations.
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 Mongol NFT (MNFT)
MNFT (Mongol NFT) is a utility and governance token associated with Mongolia's first non-fungible token (NFT) marketplace platform, launched in November 2021. The token is deployed as an ERC-20 contract across Ethereum, Polygon POS, and BNB Smart Chain. It is designed to function within the Mongol NFT marketplace ecosystem for platform utility and governance, though practical leadership and operations remain centralized under a team based in Ulaanbaatar co-founded by B. Sabit and B. Adiya.
The token was introduced with a maximum supply of 400 billion MNFT, alongside a burn mechanism that has removed 96.2 billion tokens from circulation. The tokenomics structure includes a 30% allocation reserved for the team, advisors, and board, as well as an unverified 5% company reserve, with no publicly documented vesting schedule. Technical audits for the project remain unverified by third-party reports, although automated contract scans indicate standard functions without honeypot mechanisms, mint functions, or transfer taxes.
MNFT exhibits several significant market and structural risks, including thin daily trading volumes, stalled developer activity with no verifiable public code repositories, and an 86% price decline from its October 2024 all-time high of $0.00011995. Furthermore, security scans indicate extreme token concentration, with top holders controlling 99.58% of the supply on BNB Chain and 100% on Polygon, reflecting elevated centralization and insider-control risks.