SX Network (OLD)
SX
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SX (SX Network (OLD)) represents the deprecated and abandoned legacy ERC-20 contract of SX Network following a migration to a new contract address. Due to the token's defunct status, four of the six evaluation sections (Active Development, Community Support, Tokenomics, and Market and Use Case) lacked active data to measure and were excluded from the weighted scoring model. Among the remaining evaluable sections, Team and Governance scored 2.0/10; while the founding team possesses strong public credentials and raised $9.5M in 2022, legacy token holders retain no active governance voice or utility. Security and Audit History scored 1.5/10, reflecting the absence of third-party security audits, centralized administrative validator control, and the complete lack of ongoing security maintenance or incident response on the legacy contract. Because the token is officially deprecated and superseded by a migrated contract, it carries no viable investment value.
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 SX Network (OLD) (SX)
SX Network (OLD) (SX) is a deprecated legacy ERC-20 token that has been abandoned following a migration to a new contract address. Originally created to support the SX Network ecosystem—a blockchain built using Arbitrum Orbit designed for the SX Bet sports-betting exchange—the token was founded in 2018 by Andrew Young, Julian Wilson, and Jake Hannah. In April 2022, the project completed a $9.5 million funding round led by Hack VC to support the development of its betting and blockchain infrastructure.
Historically, the SX token was utilized for staking to secure the network, network gas fees, protocol revenue distribution, and on-chain governance, which incorporated a prediction-market-based futarchy mechanism for treasury allocations. Historical token distribution allocations outlined a maximum total supply of approximately 987.65 million to 1.00 billion SX, divided between a Community Fund (53%), Team and Shareholders (22.5%), Treasury (18%), and a Community Airdrop (12.8%).
Following the contract migration, the legacy SX token is defunct and has no active development, community activity, or ongoing liquidity, recording negligible daily trading volume. From a security and governance perspective, the legacy contract has no verified third-party security audits and receives no security maintenance, patching, or incident response. Furthermore, repository documentation indicates historical centralized administrative control mechanisms over validator node synchronization, and holders of the legacy contract retain no voting rights or functional utility in the active SX Network ecosystem.