Riser

Riser (RIS) presents the profile of a dormant or effectively failed project, significantly weighing down its investment potential despite a doxxed team. The project's overall score is critically low, driven primarily by the complete absence of verifiable public development activity (closed-source, no GitHub history) and a 'ghost town' community where social engagement is negligible and often confused with an unrelated footwear brand. While the founding team, led by Steve Glaveski, provides a layer of credibility that salvages the 'Team and Governance' score slightly, this has not translated into project sustainability or value retention; the token has suffered a catastrophic >98% price decline. Tokenomics are concerning due to high centralization (75% of supply unreleased) and low float, creating immense dilution risk. Furthermore, the project operates in a saturated metaverse sector without the partnerships or user base of competitors like Decentraland. With only a lower-tier audit and no organic demand, RIS exhibits the characteristics of a 'zombie chain' project with very high risk.