SPACEM WORLD
SPCM
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SPCM (SPACEM WORLD) presents a high-risk micro-cap profile with notable structural and informational shortcomings, balanced partially by a verified CertiK audit profile. Active development (4.5/10) reflects the project's Phase 5 relaunch following a 1:1 token swap from $SPACEM, a live dApp, and Whitepaper 4.0 release, though independent verification of deliverables and new contract audit reports remain missing. Community Support had a complete data gap (scored -1.0/10), with no verifiable metrics regarding social channels, member counts, or governance participation, requiring its weight to be redistributed among the other sections. Tokenomics (3.5/10) is impaired by conflicting third-party circulating supply data, lack of published vesting and distribution schedules, and heavy reliance on discretionary emission controls and NFT demand. Market and Use Case (2.5/10) is weak due to a sub-$4M market cap, thin liquidity on MEXC, and an unproven core value proposition where participation does not confer ownership. Team and Governance (4/10) features a registered legal entity (SpaceLabs) with tokenomic discipline, but lacks verifiable team identities and decentralized governance. Security and Audit History (6.5/10) provides the strongest metric with a verified CertiK audit and an 87.22 (AA tier) Skynet score, though smart contract monitoring is inactive and legal disclaimers emphasize discretionary ecosystem benefits. With a weighted score of 4.2/10, SPCM remains highly speculative and unproven.
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 SPACEM WORLD (SPCM)
SPCM (SPACEM WORLD) is an ecosystem token deployed on the Avalanche blockchain that was established through a 1:1 token swap from the original $SPACEM token following a June 2025 security breach that temporarily paused operations. Associated with the development entity SpaceLabs, the project operates within the non-fungible token (NFT) and digital participation sectors. The token utilizes an NFT-driven emission framework combined with burn-on-use mechanics for memberships, staking, and internal ecosystem utility.
Following the 2025 security incident, the project executed a Phase 5 relaunch in the second half of 2025, publishing Whitepaper 4.0 and listing the SPCM token on the MEXC exchange. Governance is centralized under the core development entity without a decentralized autonomous organization (DAO) or formal community voting mechanisms. Project documentation notes that ecosystem benefits and allocations are discretionary, functioning as digital participation rather than legal ownership of underlying assets.
SPCM operates as a micro-cap asset with thin market liquidity. Tokenomic data exhibits transparency constraints, as the project lacks a publicly documented allocation and vesting breakdown, leading to conflicting circulating supply estimates across third-party aggregators. While the project holds a verified audit profile and security assessment from CertiK, active real-time smart contract monitoring is not enabled, and external audit reports for its post-relaunch smart contracts have not been published.