Nuklai
NAI
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Nuklai (NAI) is an AI data-infrastructure project on the Avalanche C-Chain. The overall evaluation reflects significant distress across market and operational metrics, compounded by notable data gaps. In Active Development (3.0/10), the project exhibits a structured GitHub architecture but suffers from slow development velocity, delayed mainnet targets, and lack of recent release activity. Tokenomics (3.0/10) present severe dilution risks with over 90% of supply uncirculated, high insider/treasury concentration (~40.5%), and steep historical drawdowns. Market and Use Case (1.5/10) is severely impaired with near-zero trading liquidity ($11-$182 daily volume), a collapsed market cap ($323K-$419K), and a ~99.9% decline from its all-time high. Team and Governance (5.5/10) represents the strongest area with an identifiable founder (Matthijs Vries) and no record of protocol-level exploits, though formal DAO structures and vesting transparency are lacking. Both Community Support and Security and Audit History suffered from insufficient data (-1.0) and were excluded from the weighted score calculation. No qualifying red-flag cap was applied as no discrete exploit or regulatory action was established, but the project's severe liquidity contraction and unverified adoption pose extreme investment 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 Nuklai (NAI)
Nuklai (NAI) is a Netherlands-based collaborative data infrastructure and marketplace project founded in 2020 by Matthijs Vries. Positioned to support data sharing for artificial intelligence and large language model (LLM) training, the platform is designed around a framework that includes the Helix architecture and the Nexus data marketplace. Nuklai operates primarily on the Avalanche C-Chain, with associated contract deployments on Ethereum.
The project utilizes NAI as its native token under an inflationary model with no deflationary burn mechanisms. The reported maximum supply is approximately 9.55 billion to 10 billion tokens, with over 90% of the supply remaining uncirculated and roughly 40.5% allocated to treasury, team, and shareholder allocations. While technical repositories exist for a JavaScript SDK, cloud deployment manifests, and chain infrastructure, development velocity has slowed, and the project has experienced roadmap execution delays regarding its targeted H2 2025 mainnet launch.
NAI has experienced severe market distress and operational concerns. The token has suffered a price crash of approximately 99.9% from its all-time high of $0.07669, with its market capitalization declining to between $323,000 and $419,000 and returns falling between -91.7% and -94.5% compared to early sale valuations. Additionally, secondary market liquidity is severely constrained, with daily trading volumes ranging from roughly $11 to $182.