QBX
QBX
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
QBX (qiibee Rewards Chain) exhibits significant fundamental weaknesses across multiple dimensions. Active Development could not be scored due to insufficient data and name-collision issues in available sources. The community score is exceptionally weak at 1.0/10, marked by negligible organic social activity and extreme holder concentration (top 100 holders control 97.21% of the supply). Tokenomics (4.5/10) features a fixed supply of 1.38B tokens, but critical information on circulating supply, vesting schedules, and allocation is missing. Market and Use Case (2.5/10) reflects a micro-cap legacy asset ($1.1M–$1.2M market cap) with very low daily trading volume ($14K–$36K) and unverified commercial traction. On a positive note, Team and Governance (5.0/10) benefits from public co-founders (Gianluca and Gabriele Giancola), and Security (5.0/10) notes a historical 2018 audit from ChainSecurity with no record of protocol-level exploits, though the token contract itself was out of the audit scope. No qualifying red-flag event capped the score.
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 QBX (QBX)
QBX is an ERC-20 utility token deployed on the Ethereum blockchain that powers the loyalty-rewards infrastructure of the qiibee Rewards Chain. Established by the qiibee Foundation, the token is designed to facilitate the creation, exchange, and management of brand loyalty tokens and non-fungible tokens (NFTs), as well as provide staking access through the QBX VIP Club tier.
The project was co-founded by Gianluca Giancola and Gabriele Giancola, with Alex Tosolini serving as a council member within the qiibee Foundation. Governance is managed centrally through the foundation council rather than an on-chain decentralized autonomous organization (DAO). The token features a hard-capped maximum total supply of 1,380,392,157 QBX; however, detailed public documentation regarding specific initial token allocations, circulating supply figures, and token vesting schedules is limited.
Evaluation data highlights several structural and operational risks. The token exhibits extreme ownership concentration, with the top 100 wallet addresses holding approximately 97.21% of the total supply across roughly 6,744 holders. QBX operates as a micro-cap asset with constrained daily trading volume and minimal measurable organic community engagement. From a security standpoint, while ChainSecurity completed an audit of the project's crowdsale and vault contracts in June 2018, the QBX token contract itself was excluded from the audit scope, and no updated third-party security audits have been documented since.