XOXNO
XOXNO
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
XOXNO displays ongoing technical development across Rust smart contracts, SDKs, and multi-chain expansion (including MultiversX and Stellar Soroban), supported by an active bug bounty on Immunefi and a clean security record with no reported exploits or legal proceedings. However, the project faces significant challenges, including a lack of verifiable third-party security audits, centralized governance without token-holder voting, and an internal whitepaper math discrepancy regarding supply. Crucially, the protocol suffers from a severe decline in trading activity and adoption, with daily marketplace volumes dropping to negligible levels. A notable data gap exists in Community Support, which scored -1.0 due to insufficient search data, and its weight was proportionally redistributed to the remaining evaluated sections. No qualifying red-flag events were established.
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 XOXNO (XOXNO)
XOXNO (XOXNO) is a utility token and decentralized application protocol primarily deployed on the MultiversX blockchain, with development extending to Soroban smart contracts on Stellar. The platform encompasses a suite of digital asset services, including a non-fungible token (NFT) marketplace, decentralized lending and borrowing, decentralized exchange functionality, and EGLD liquid staking. Within its ecosystem, the XOXNO token operates under a revenue-sharing model where 30% of accumulated platform fees are burned and 70% are distributed to liquid stakers, alongside utility in launchpad participation and marketplace features.
The protocol's smart contracts are written in Rust and supported by TypeScript and Dart software development kits (SDKs). Technical administration utilizes timelocked roles, and the project maintains an active bug bounty program on Immunefi for independent vulnerability reporting across its lending and liquid staking contracts. However, governance is managed centrally by the development team without on-chain token-holder voting mechanisms, and no named, publicly verifiable third-party security audit reports or security ratings are currently documented for its codebase.
XOXNO faces significant operational and market challenges. Marketplace adoption and liquidity have suffered a severe decline since its 2022 peak, with daily trading volumes dropping to negligible levels. Furthermore, the tokenomics model exhibits transparency issues, including an unresolved mathematical discrepancy regarding total supply estimates in platform documentation and incomplete public vesting schedules.