Sabai Protocol
SABAI
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SABAI (Sabai Protocol) operates as a real-world asset (RWA) tokenization platform registered in Phuket, Thailand, on Ethereum and Polygon PoS. While the project maintains an active business presence and has a public founder (CEO Julia Filobokova), it displays severe weaknesses across technical, community, and market metrics. There is a lack of verifiable open-source engineering activity or public technical milestones, and community engagement remains negligible despite minimal ongoing on-chain transfer activity. The tokenomics suffer from poor transparency regarding vesting schedules and circulating supply distribution, compounded by low utility demand. In addition, SABAI faces liquidity constraints with negligible trading volumes and a low market presence. On the security front, an audit was conducted by CertiK in July 2023 with four major findings (two acknowledged, two resolved), though it is now stale and lacks recent updates. No qualifying red-flag events, protocol exploits, or regulatory actions were identified. The overall score of 3.2 mathematically reflects the weighted synthesis across all six evaluated sections without requiring red-flag capping.
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 Sabai Protocol (SABAI)
Sabai Protocol (SABAI), formerly known as Sabai Ecoverse, is a real-world asset (RWA) tokenization platform founded in 2021 and headquartered in Phuket, Thailand. Operating across the Ethereum and Polygon blockchains, the project provides infrastructure for tokenizing tangible assets, such as real estate, alongside commercial white-label tokenization platforms. The SABAI utility token is designed for internal ecosystem functionality, including asset access and staking programs.
The project functions as a centralized corporate entity led by CEO Julia Filobokova, lacking a decentralized autonomous organization (DAO) structure or on-chain governance voting mechanisms for token holders. While the protocol reports ongoing commercial operations, public development data shows an absence of verifiable open-source code repositories, software package releases, or technical development milestones.
Evaluation of the project highlights several operational and technical risks. The token exhibits low market liquidity and minimal trading volumes, paired with a lack of transparency concerning token distribution schedules and circulating supply data. In terms of smart contract security, a CertiK audit completed in July 2023 on its staking and vesting contracts identified four major logical issues, two of which were resolved while two were left acknowledged without remediation. No subsequent third-party security audits have been documented.