Loosh
SN78
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SN78 (Loosh) is a subnet token on the Bittensor network (Subnet 78) focused on an AI cognition and neuroscience narrative. The project suffers from extensive data gaps across Active Development, Community Support, and Team & Governance (all scoring -1.0 due to a lack of verifiable documentation, code repositories, social channels, or team identities), which required excluding these sections and redistributing weights across Tokenomics, Market & Use Case, and Security & Audit History. Where data is available, significant structural risks are evident: Tokenomics scores 3.0/10 due to massive potential dilution (with only a small fraction of the 21M maximum supply circulating), thin trading volume, and an unverified burn history. Market & Use Case scores 4.5/10, reflecting an unsubstantiated AI value proposition, lack of adoption metrics, and severe liquidity concentration. Security and Audit History scores 4.0/10 due to the absence of smart contract or formal code audits and a weak third-party risk assessment (Kryll³ rating of 3.0 'Stay Cautious' with a Financial score of 5), though no historical exploits, hacks, or regulatory actions were identified. No qualifying red-flag cap applies as no discrete catastrophic failure or legal action is affirmatively established.
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 Loosh (SN78)
SN78 (Loosh) is a subnet token operating on the Bittensor blockchain under subnet identifier 78. The project's stated narrative focuses on merging technology and neuroscience to develop artificial intelligence cognition and memory structures. Operating within the Bittensor ecosystem, its codebase functions primarily through subnet miner and validator software registered on the network rather than traditional standalone smart contracts.
The token has a maximum supply cap of 21 million units and incorporates a dynamic 12.90% burn parameter. However, the token exhibits significant structural dilution risk, as only a small fraction of the total supply is currently in circulation. SN78 has experienced a major market drawdown, trading approximately 89.8% below its all-time high, accompanied by low trading volumes and liquidity concentrated heavily within a single trading pair.
Publicly verifiable data regarding Loosh remains limited. There is an absence of formal smart contract or codebase security audits by recognized firms, as well as a lack of published whitepapers, roadmaps, and documented team identities. Third-party risk analytics, such as the Kryll³ X-Ray assessment, categorize the token under a "Stay Cautious" posture with particularly low financial and fundamental scores, reflecting ongoing transparency, liquidity, and governance data gaps.