Sandclock
QUARTZ
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
QUARTZ (Sandclock) suffers from severe liquidity issues, low community traction, and project dormancy, despite a clean smart contract audit history and a documented governance model. A data gap occurred in Active Development (-1.0), as search results were cross-contaminated with unrelated name-collision software projects, necessitating the redistribution of its 20% weight across the remaining five sections. Tokenomics (4.0/10) reflect high dilution risk with only ~7-8% of the 100M supply circulating and undisclosed vesting schedules. Community Support (2.0/10) and Market/Use Case (2.5/10) indicate minimal social engagement, a micro-cap valuation (~$513K), and virtually non-existent trading volume (<$40 daily). Security and Audit History (2.5/10) notes audits by WatchPug and Trail of Bits without critical exploits, but highlights that trading has ceased across all CoinGecko-listed exchanges alongside an unrecovered -99.7% price drawdown from all-time highs. No qualifying red-flag cap or fraud event was affirmatively established, but the mathematically weighted score reflects severe risk and market inactivity.
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 Sandclock (QUARTZ)
QUARTZ is the governance token for Sandclock, a decentralized finance (DeFi) wealth management platform operating on the Ethereum blockchain. Sandclock was designed to offer programmable yield strategies focusing on long-horizon compounding, automated charitable yield donations, and non-fungible token (NFT) tax receipts. QUARTZ holders participate in protocol governance through mechanisms such as Snapshot and SafeSnap, with the token also utilized in a live staking product on Ethereum that yields wrapped Ether (wETH).
The token has a fixed maximum supply cap of 100,000,000 units, with roughly 7% to 8% in active circulation. Sandclock's smart contracts have undergone third-party security audits, including reviews by Trail of Bits and a Sandclock v2 audit by WatchPug in April 2023, which identified low- and informational-severity issues without evidence of critical exploits. Token analysis indicates no contract-level blacklist, minting, or transaction fee functions.
Despite its technical design, the project faces severe market dormancy and significant risks. CoinGecko reports that QUARTZ has stopped trading across all tracked exchanges, with 24-hour trading volumes falling below $40. The token has experienced an unrecovered price drawdown of approximately 99.7% from its all-time high of $25.83. Additionally, the token exhibits high holder concentration, with major holders controlling 65.83% of the supply, vesting schedules remain undisclosed, and the core development team members are anonymous and not KYC-verified.