Validity
VAL
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
VAL (Validity, formerly Radium/RADS) demonstrates severe vulnerabilities and stagnation across all operational and market vectors. The project maintains an inactive, maintenance-only development posture with no meaningful releases or shipping activity over the past 4-5 years, alongside extreme single-developer dependence centered around SmartChain Software Solutions LLC. Community engagement has collapsed, showing cross-platform silence across major social channels and governance forums. From a tokenomics standpoint, while the 9,000,000 hard-cap and lack of initial ICO or pre-mine are structurally conservative, utility and liquidity remain negligible, compounded by an unrecovered 97.9% drawdown from its all-time high of $21.73. On the security and governance front, VAL lacks third-party smart contract or protocol audits, relies on an outdated Bitcoin Core 0.13.2 derivation, and keeps its Layer-2 Smartchain software proprietary, obstructing public scrutiny. Although no hacks, deliberate fraudulent activity, or hostile delistings were identified (the Bittrex delisting resulted from platform wind-down), the lack of adoption, development, and community activity poses an extreme holding risk.
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 Validity (VAL)
Validity (VAL), formerly known as Radium (RADS), is a Layer-1 Proof-of-Stake blockchain that launched on May 25, 2015, and rebranded on December 21, 2020. The network is built on a codebase derived from Bitcoin Core 0.13.2 and was designed to facilitate decentralized identity services, file validation, and transaction processing using a proprietary Layer-2 Smartchain system. The token was distributed via a fair launch with no initial coin offering (ICO) or pre-mine, featuring a maximum supply hard-capped at 9,000,000 VAL, decaying Proof-of-Stake rewards, and a 12% block reward development fund governed by a 5-of-12 multisignature arrangement.
Governance and software maintenance for the network are primarily centralized under SmartChain Software Solutions LLC. The protocol operates in a maintenance-only development posture characterized by low commit activity and high dependence on a single core developer. Furthermore, the Layer-2 Smartchain code remains proprietary rather than open source, and the blockchain has no documented third-party security audits. Public engagement on community channels and governance forums has largely stalled.
VAL has experienced a severe market decline, trading at an unrecovered drawdown of approximately 97.9% from its all-time high of $21.73. The token also exhibits thin secondary liquidity and lacks listings on tier-1 cryptocurrency exchanges, having previously been delisted from Bittrex in connection with the exchange's operational wind-down. While the network has not experienced verified smart contract exploits, hostile regulatory actions, or protocol-level hacks, its reliance on proprietary software components and stagnant development activity present notable operational risks.