MAGIC is the governance token for Cosmic Universe, a play-to-earn adventure MMORPG being developed on the Harmony blockchain. Cosmic Universe gives players full ownership of their NFT characters and land, and integrates the play-to-earn model into its ecosystem. Create, trade, and monetize NFTs and other gaming experiences.
MAGIC is also used for yield farming and NFT land staking. To buy land NFTs, MAGIC is needed. Within Cosmic Universe, players will earn MAGIC revenue on their land NFTs.
Unable to find manual contract audit (e.g. Certik, PeckShield, Solidity...)
Unable to fetch contract code from blockchain explorer. In most cases it indicates a scam (which tries to hide intentions by not verifying contract code). Can be ignored for newborn (0-3 days) tokens. Can be ignored for coins (e.g. Harmony) and non-main contracts in case of multi-chain projects.
Additional information: link
Not a direct threat, but may indicate unreliable intentions of developer. Widespread names (e.g. Elon, King, Moon, Doge) are common among meme-tokens and scams. The allow to gain free hype and attract unexperienced investors.
Average PancakeSwap trading volume, liqudity, number of swaps are extremely low. Token seems to be dead.
Number of Binance Smart Chain (BSC) token holders is low.
Token has only one trading pair
Unable to find PancakeSwap trading pair to compute liquidity.
Unable to find PancakeSwap trading pair to compute volume.
Unable to find PancakeSwap trading pair to compute number of swaps.
BscScan page for the token does not contain additional info: website, socials, description, etc.
Additional information: link
Unable to find token on CoinMarketCap
Additional information: link
Token contract code is not verified by BscScan.
Additional information: link
Unable to find token contract audit
Unable to verify token contract address on the website
Unable to find audit link on the website
Unable to find token on CoinHunt
Additional information: link
Young tokens have high risks of scam / price dump / death
Young tokens have high risks of scam / price dump / death
Token has no active CoinMarketCap listing / rank
Young tokens have high risks of price dump / death
Token has relatively low CoinGecko rank
Twitter account link seems to be invalid
Unable to find Discord account