Thales
THALES
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
The evaluation for THALES is heavily impacted by significant data gaps across multiple sections due to search cross-contamination with the unrelated French multinational Thales Group. Four of the six sections—Active Development, Market and Use Case, Team and Governance, and Security and Audit History—received scores of -1.0 due to insufficient verifiable data specific to the cryptocurrency asset. These sections were excluded and their weights redistributed to the remaining categories. Among evaluated metrics, Tokenomics scored 4.5/10 due to heavy insider allocations (over 60% combined between contributors, team, and treasury) and inflationary staking emissions. Community Support scored 2.0/10, reflecting extreme on-chain holder concentration (the top 5 holders control approximately 98.67% of supply) and a lack of dated organic community activity. Additionally, section analyses note that the protocol may have deprecated, wound down, or migrated to Overtime Markets (OVER).
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 Thales (THALES)
Thales (THALES) is a cryptocurrency token associated with a protocol that section evaluations indicate may have been deprecated, wound down, or migrated to Overtime Markets (OVER). The token operates across several blockchain networks, including Ethereum, Optimism, Base, Arbitrum One, and Polygon PoS. Within the protocol's design, THALES was created primarily to facilitate decentralized governance participation and staking mechanisms.
The tokenomics framework of THALES defines a maximum supply of 100 million tokens with substantial allocations directed to internal stakeholders. Core contributors received 20% of the supply, the team and shareholders were allocated 22.5%, and the treasury received 18%. Staking rewards are distributed in THALES without a documented token burn or buyback mechanism, which introduces inflationary supply pressures alongside existing vesting schedules.
Risk assessments highlight extreme on-chain supply concentration and a lack of active protocol development. On its Ethereum contract, the top five holders control approximately 98.67% of the token supply. Additionally, evaluations found no dated organic community governance activity or active development artifacts for the token.