Skeb
SKEB
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SKEB (Skeb Coin) is the utility and governance token for the Japanese creator commission platform Skeb. Three sections suffered from insufficient retrievable data and were excluded from scoring: Active Development (-1.0), Community Support (-1.0), and Team and Governance (-1.0). For the evaluable sections, Tokenomics scored 4.0/10 due to high insider allocation (approx. 41% across team, advisors, and early rounds) and data inconsistencies, despite having a capped 10B supply and buyback-and-burn mechanics. Market and Use Case scored 2.5/10, constrained by severe micro-cap illiquidity ($57K–$63K market capitalization) and niche creator-economy exposure. Security and Audit History scored 4.0/10, noting a publicly known founder (Kazunari Kida) and no recorded exploits or legal actions, but critically lacking any verified third-party smart contract audit. Re-weighting the remaining three sections (Tokenomics at 40%, Market/Use Case at 30%, and Security at 30%) results in a composite score of 3.55/10.
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 Skeb (SKEB)
SKEB (Skeb Coin) is an ERC-20 utility and governance token on the Ethereum blockchain associated with Skeb, a Japanese digital creator commission platform. Established in November 2018 by Kazunari Kida, the Skeb platform connects fans with creators for custom commissions such as illustrations, comics, and novels. SKEB was introduced as the governance token for the broader Skeb ecosystem, designed to interact with platform features such as transaction fee processing, staking, and a decentralized autonomous organization (DAO) treasury.
The token has a fixed maximum supply capped at 10 billion units. Its economic structure includes a planned deflationary buyback-and-burn mechanism intended to utilize up to 50% of platform earnings, alongside usage-linked mechanics tied to commission activity on the platform.
Evaluation of the project highlights several structural and operational risks. The token distribution is heavily weighted toward insiders, with approximately 41% allocated to the team, advisors, and early funding rounds, compared to 1.9% allocated for public fundraising. The token operates with extreme liquidity constraints and a micro-cap valuation between approximately $57,000 and $70,000 with negligible trading volume and a small holder base of roughly 1,580 addresses. Furthermore, while the project is tracked on CertiK's Skynet monitoring platform, there is no retrievable evidence of a completed third-party smart contract security audit.