Particl
PART
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Particl (PART) is an established privacy-focused Layer 1 cryptocurrency and decentralized marketplace protocol. The project displays signs of severe dormancy across multiple operational facets. Active development is limited to sporadic maintenance without meaningful feature releases or upgrades in 2025–2026. Community engagement is essentially dormant, with governance inactive and critical infrastructure components like the Tokenview explorer going offline. Market metrics are severely depressed, characterized by micro-cap status ($1.8M–$2.1M), negligible daily liquidity ($1K–$7K), and an unrecovered 99.8% drawdown from its all-time high. On the governance side, the Particl Foundation provides some baseline legitimacy with known founders, though detailed technical team depth remains unverified. Security history includes a reputable but dated 2019 QuarkSLab audit with no recorded protocol hacks or exploits. Note on Data Gaps: Tokenomics could not be evaluated due to insufficient data (-1.0) and was excluded from the weighted average, with its 20% weight redistributed proportionally among the remaining five sections. No qualifying red-flag events triggered a structural cap, but the weighted average reflects severe fundamental and liquidity 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 Particl (PART)
Particl (PART) is the native cryptocurrency of a privacy-focused Layer 1 blockchain and decentralized e-commerce platform. Built on the Bitcoin Core codebase, the network implements privacy technologies, including Bulletproofs and MLSAG ring signatures, to support confidential transactions and decentralized marketplace interactions. The PART coin is used to pay network fees and support transactions across its decentralized applications.
The project is governed under a foundation-led structure by the Particl Foundation, with publicly named co-founders Ryno Pieter Mathee, Nicholas Lawrence Sy, and Pascal Schmid. The protocol's core privacy cryptography underwent an audit by QuarkSLab in July 2019, which verified the mathematical implementation of its privacy mechanisms; however, no comprehensive protocol audits have been conducted since that time. Ongoing development operates on a maintenance-only basis, with sporadic updates to desktop and auxiliary repositories and an absence of major protocol releases.
Particl faces notable risks associated with market contraction and ecosystem inactivity. The asset has experienced a severe price decline of approximately 99.8% from its all-time high of $58.77, trading at micro-cap levels with minimal daily liquidity. Furthermore, community engagement and on-chain governance have stalled, and key infrastructure components, such as third-party block explorers, have gone offline.