ZND Token
ZND
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
ZND (ZND Token) exhibits catastrophic structural failure following the collapse of the associated Zondacrypto exchange. Data gaps were present for Active Development and Community Support (-1.0), requiring their weights to be proportionally redistributed among the remaining sections. The project suffers from massive centralization in tokenomics (3.0/10), an essentially vanished market with near-zero trading volume and a 99.96% price collapse (1.5/10), and severe balance-sheet leverage where customer liabilities outstripped cash reserves by roughly 70:1 prior to the shutdown (2.5/10). Furthermore, a qualifying red-flag event is affirmatively established in Security and Audit History (0.5/10): "Zondacrypto's website went dark on April 23, 2026. Reuters calculates customer losses at more than 350 million zlotys (roughly $96 million) locked in the collapsed exchange, and the ZND token has lost almost all of its market value with no active trading pairs or volume." Polish prosecutors have opened fraud investigations into the platform. With the exchange offline, liquidity depleted, and severe unresolved insolvency, the token is unviable.
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 ZND Token (ZND)
ZND (ZND Token) is an ERC-20 utility token deployed on the Ethereum blockchain, issued by BB Trade Estonia OÜ for the Zondacrypto cryptocurrency exchange. Designed to function within the exchange ecosystem, the token was structured to pay trading fees, provide liquidity, and facilitate platform-bound rewards. The token has a hard-capped maximum supply of 700,000,000 units, of which 189,000,000 were distributed through sales, with the remaining 73% retained under issuer-controlled allocations without decentralized governance mechanisms or on-chain voting.
The project experienced catastrophic structural failure following the operational collapse of the Zondacrypto exchange, whose website went offline on April 23, 2026. Prior to the shutdown, financial filings in the Estonian Commercial Register from 2023 indicated extreme balance-sheet leverage, showing approximately €722 million in customer liabilities against roughly €9.7 million in cash reserves. The collapse left thousands of users locked out of their accounts, with customer losses estimated by Reuters at over 350 million Polish zlotys (approximately $96 million).
Following the platform's failure, Polish prosecutors opened criminal fraud investigations into the exchange. Additionally, former associate Marian Wszolek was charged in connection with kidnapping and money-laundering allegations, while former CEO Przemysław Kral and founder Sylwester Suszek became unaccounted for or located abroad. ZND suffered a market collapse of approximately 99.96% from its all-time high, with trading volume falling to near-zero levels and active market pairs effectively ceased.