ScamFari
SCM
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
ScamFari (SCM) is a crowdsourced cryptocurrency fraud-reporting platform developed under the HAPI Foundation with deployments across Ethereum, Linea, and Aurora. Across all evaluated dimensions, the project demonstrates severe fundamental weaknesses. Active development appears stalled with no public GitHub activity, changelogs, or roadmaps found beyond a live landing page. Community engagement is minimal, characterized by roughly 233 on-chain holders and a single exchange listing on WhiteBIT. Tokenomics documentation is opaque, missing circulating/total supply details and per-chain distribution, with token utility confined to circular platform rewards. Market performance reflects near-zero liquidity and micro-cap dormancy. On governance and security, while there are no recorded exploits, hacks, or regulatory enforcement actions, the team remains anonymous, governance is centralized, and no third-party smart contract audits exist. With no data gaps or qualifying red-flag events, the overall score is the direct weighted average of all six sections.
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 ScamFari (SCM)
ScamFari (SCM) is a crowdsourced cryptocurrency fraud-reporting platform founded in 2022 and developed under the HAPI Foundation. Deployed across Ethereum, Linea, and Aurora, the platform is designed to crowdsource the identification of fraudulent cryptocurrency projects, relying on review processes involving certified anti-money laundering (AML) reviewers and issuing SCM tokens as rewards for verified submissions.
The SCM token functions within the platform's internal reward and commission structure. However, the project lacks public documentation regarding its total supply, circulating supply, per-chain distribution, and token vesting schedules. The token exhibits minimal market liquidity, with trading activity primarily concentrated on WhiteBIT and an on-chain holder base of approximately 233 addresses on Ethereum.
Governance and development of the platform remain centralized under the HAPI Foundation and an anonymous team, with no decentralized autonomous organization (DAO) or formal token-holder voting structure in place. Active development visibility is limited, with no publicly available code repositories, roadmaps, or release notes. Additionally, ScamFari has not completed any documented third-party smart contract audits, although no exploits, protocol failures, or regulatory actions have been reported.