Openfabric AI
OFN
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
OFN (Openfabric AI) presents severe structural and liquidity risks across multiple evaluated areas. A major data gap exists in Team and Governance (scored -1.0) due to search collisions with unrelated non-crypto entities, requiring its 15% weight to be redistributed across the remaining categories. Active Development (3.5/10) reflects maintenance-mode operations characterized by announcement-driven roadmap items rather than verified shipping throughput. Community Support (2.0/10) shows an absence of active governance participation and community forums. Tokenomics (2.0/10) exhibits critical structural weaknesses, including an extremely low circulating float (~5.8% of 500M supply), continuous daily unlock pressure, and lack of verified deflationary mechanics. Market and Use Case (1.5/10) highlights near-total liquidity evaporation, with 24-hour trading volumes under $100 and market capitalization around $15,000 across conflicting aggregators. Security and Audit History (5.5/10) notes initial 2023 audits by CertiK and Hacken with no critical bugs, though the audits are dated, an acknowledged centralization finding remains unaddressed, self-reported audit badges on the website are unverified, and unresolved contract address discrepancies persist. The redistributed weighted average yields an overall score of 2.9/10.
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 Openfabric AI (OFN)
Openfabric AI (OFN) is a cryptocurrency token operating on the BNB Smart Chain (BEP-20) within the decentralized artificial intelligence infrastructure sector. Launched in 2023, the project aims to support developer tools, applications, and services related to decentralized AI. However, development activity reflects maintenance-mode operations characterized primarily by announcement-driven roadmap updates, such as the planned Openfabric SDK 2.0, rather than demonstrable engineering throughput.
The OFN token is subject to notable structural and liquidity constraints. Out of a total supply of 500 million tokens, the circulating float is approximately 5.8%, with ongoing daily token unlocks exerting continuous dilution pressure without active deflationary mechanisms. The asset exhibits severe market deterioration, functioning with near-zero liquidity, 24-hour trading volumes under $100, and a market capitalization of roughly $15,390 across fragmented and conflicting pricing sources.
From a security and audit perspective, Openfabric AI underwent smart contract reviews by CertiK and Hacken in August 2023, where CertiK identified a Major centralization concern that was acknowledged by the team rather than remediated. Specific security ratings displayed on the project's website remain unverified against official audit platform pages. In July 2025, the project experienced a security incident in which operational vesting wallets were compromised due to insufficient signer redundancy, prompting the release of a technical post-mortem.