Must
MUST
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
MUST is an ERC-20 utility and governance token originally deployed on Ethereum and Polygon for the Cometh gaming ecosystem. Following Cometh's corporate pivot to enterprise Web3 infrastructure and Account Abstraction tools, and its subsequent acquisition by Kaiko, MUST has been effectively deprecated and abandoned with zero remaining utility in active products. The token exhibits severe structural weaknesses, including an unmitigated supply overhang where approximately 89.86% of the 1,000,000 maximum token supply remains locked in treasury allocations without linear vesting schedules. Furthermore, the token has suffered an unrecovered price collapse exceeding 99.9% from its all-time high of $647.30, trading with negligible volume and near-zero liquidity. There is no verified third-party smart contract audit on file. Data gaps were noted in Active Development and Community Support (both scored -1.0 due to complete dormancy and lack of active metrics), and their weights were redistributed proportionally across the remaining sections. Per the deprecated token rule, MUST is categorized as an abandoned asset.
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 Must (MUST)
Must (MUST) is an abandoned and deprecated utility and governance token originally launched in 2021 for the Cometh gaming ecosystem on the Ethereum and Polygon blockchains. Initially designed to serve as an in-game utility and governance asset—including functioning as a settlement mechanism for decentralized applications such as ComethSwap—the token's utility was extinguished after Cometh pivoted its business model to enterprise Web3 infrastructure and Account Abstraction tooling, and was subsequently acquired by Kaiko.
The token has a fixed maximum supply of 1,000,000 MUST. Approximately 89.86% of this supply remains locked in treasury and reserve allocations without transparent linear vesting schedules, creating a structural supply overhang. Additionally, the token's original smart contract lacks a verified third-party security audit from recognized auditing firms.
Following the team's operational pivot and acquisition, active development, codebase updates, and community governance for MUST ceased. The token experienced an unrecovered price crash exceeding 99.9% from its all-time high of $647.30 and trades with negligible volume and minimal liquidity. Because subsequent products from the organization do not incorporate MUST, the token remains entirely dormant.