Terrace
TRC
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Terrace (TRC) is an extreme micro-cap ERC-20 token deployed on the Base network (contract 0xc23e4352cdba6fc951398bf274619c4529eac867) with minimal market traction, estimated market capitalization between $30,000 and $87,000, and near-zero trading volume. Data gaps exist for both Active Development and Security and Audit History (both scoring insufficient data) due to severe name collisions with unrelated entities (such as Terracoin) and a lack of verifiable public repositories, audits, or technical documentation for Terrace specifically. The project exhibits significant structural weaknesses, including an unverified and undocumented product use case, an inactive micro-community of roughly 800 passive holders with no active social channels, and tokenomics characterized by ~39% unallocated supply alongside substantial insider/treasury control exceeding 40.5%. Although no affirmative security exploits or regulatory actions were reported, the lack of verifiable development, liquidity, and audit history renders TRC an exceptionally high-risk asset.
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 Terrace (TRC)
Terrace (TRC) is an ERC-20 token deployed on the Base network (contract 0xc23e4352cdba6fc951398bf274619c4529eac867). The project was founded in 2021 by co-founders Jesse Beller and Sola Ogunsakin. The token operates with a fixed maximum supply of 1 billion tokens, with disclosed allocations designated for angels (7.5%), team and shareholders (22.5%), protocol treasury (18%), and a community airdrop (12.8%), while approximately 39% of the supply destination remains undisclosed.
The project's underlying product and functional use cases remain largely undocumented in publicly available records beyond potential protocol fee burn mechanisms. Governance structures and comprehensive team backgrounds have not been formally detailed. Centralization risk is present in the token structure, with team, shareholder, and treasury allocations collectively controlling more than 40.5% of the total supply, accompanied by potential future supply overhang as locked tranches mature.
Terrace functions as a micro-cap asset with approximately 800 token holders, low market valuation, and near-zero trading volume across market trackers. Public technical materials, code repositories, verified smart contract audit reports, and active community or governance channels are unavailable for the contract on Base, reflecting minimal verifiable development and liquidity.