MultiVAC
MTV
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
MultiVAC (MTV) is an early sharded Layer-1 blockchain project that has fallen into market dormancy and maintenance mode. Active development has largely stalled, with no verified development activity, releases, or code updates observed in 2025-2026. Community engagement and on-chain activity are minimal, showing only negligible daily transfers and declining holder metrics. Tokenomics present substantial centralization risks, with 62% of the finite 10 billion supply allocated to insiders and the foundation without a verifiable vesting schedule, alongside no documented deflationary or buyback mechanics. Market adoption is negligible, with market capitalization below $1 million and bottom-tier liquidity. Governance remains centralized with an identifiable founding team but no functioning DAO. On security, MTV has a historical CertiK audit record and clean ledger regarding hacks, exploits, or regulatory actions, but lacks bug bounty or insurance coverage. The weighted average score across all six fully evaluated sections is 2.93/10, reflecting severe stagnation rather than fraudulent malice.
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 MultiVAC (MTV)
MultiVAC (MTV) is a Layer-1 blockchain platform designed to provide scalability through trusted sharding and elastic computing. Developed by the Singapore-based MultiVAC Foundation, the network architecture is written primarily in Go and WebAssembly, and also maintains a contract presence on Ethereum. The project launched following an initial coin offering (ICO) in April 2019, established by a founding team that includes Frank Lyu, Claire Wang, Jun Yang, Xiang Ying, and Shawn Ying.
The MTV token has a fixed maximum supply of 10,000,000,000 units. The initial distribution allocated approximately 62% of the supply to the foundation, team, advisors, and private or seed investors, with 7% allocated to the public sale. The network does not feature documented token burn mechanisms, buyback programs, or a publicly verifiable vesting schedule for early insider allocations.
MultiVAC currently operates in a state of operational and market stagnation. The project displays no verifiable development activity, technical releases, or code updates across 2025 and 2026. On-chain metrics reflect minimal network utilization, characterized by very low daily transaction volumes, a slowly declining holder base, and a market capitalization under $1 million. Governance remains centralized under the founding organization, with no functioning decentralized autonomous organization (DAO) or on-chain voting process. Although MultiVAC maintains a historical CertiK audit record and has no documented security exploits or regulatory actions, it lacks an active bug bounty program or insurance coverage.