Power Protocol
POWER
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Power Protocol (POWER) functions as an engagement and economic layer created by Pixion Games, currently tied to the mobile ARPG Fableborne on the Ronin network. The project exhibits notable structural and operational challenges across multiple dimensions. Active Development suffered from a complete data gap (scored -1.0) due to search conflation with unrelated protocols, meaning development activity and code releases could not be independently verified. Community Support is particularly weak (1.5/10), evidenced by a minimal on-chain holder base (~1,373 on Ethereum) and near-zero verifiable community or governance engagement. Tokenomics (4/10) present substantial overhang with only ~21% of the 1.00B token supply circulating (~4.8x FDV multiple) and upcoming unlocks. On the market side (4/10), the protocol has suffered a 96.9% drawdown from its all-time high and remains heavily dependent on a single game in a competitive GameFi market. More positively, Team and Governance (5/10) and Security (5.5/10) reflect credible backing (Delphi Digital, Spartan Group, Animoca Brands) and a live CertiK Skynet security assessment (score 69.37, tier BB) with verified team identity and no recorded security exploits. Excluding the missing Active Development section, the redistributed weighted average yields an overall score of 4.0/10.
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 Power Protocol (POWER)
Power Protocol (POWER) is a programmable engagement and economic infrastructure layer developed by Pixion Games and Power Labs. The token serves as an economic mechanism and utility asset primarily tied to the mobile action role-playing game (ARPG) Fableborne. While its flagship gaming application operates on the Ronin network, the POWER token maintains smart contract deployments across Ethereum, BNB Smart Chain (BSC), and Ronin.
The project is led by a publicly named team, including Kam Punia, Tamara Slavskaya, Sëmen Samusev, and Maria Gillies, and has received backing from venture firms such as Delphi Digital, Spartan Group, and Animoca Brands. Security-wise, Power Protocol has undergone evaluation by CertiK, holding a Skynet score of 69.37 (tier "BB") with verified team identification, and has recorded no smart contract exploits or protocol hacks. Governance is intended to function via a Power DAO framework, though on-chain governance mechanisms remain unverified.
Power Protocol faces structural challenges, including a 96.9% price drawdown from its all-time high and a heavily concentrated dependency on a single gaming title. The token's community metrics show a limited on-chain footprint, with approximately 1,373 holders on its primary Ethereum contract and low verifiable governance participation. Furthermore, significant dilution risk exists, as only around 210 million tokens of the 1.00 billion maximum supply (~21%) are in circulation, with roughly 59.25% locked in vesting schedules, including a scheduled unlock of approximately 12.00 million tokens in April 2026.