【Safety Knowledge】How To Do Project Research on Ave.ai

📒AVE.AI has served more than 2 million cryptocurrency users worldwide, and the team is committed to building a "more secure, more accurate, and more professional" aggregate data platform.

⚠️Attention

Investing in any crypto project can be hazardous if done without proper research. Investors must conduct their own research (DYOR) before making any investment decisions.

Before you buy a token on Ave.ai, always remember to do your own research. Here are some tips to get stared:

1. Look at the display notification about the project.

⚠️ Token not audited.Be aware of risks ⚠️

⬆️ If the token is unverified, meaning that the token haven’t been reviewed , so you have to do your own research about this token.

⬆️ Red caution meaning is a high risk or even scam token, we do not recommend you to buy such project.

⬆️ If it’s a high risk token, AVE will send you Risk Tips announcement , think twice and click Confirm if you still want to buy the token.

⬆️ If the token is verified, you can look at the logo and the token description, such as whitepaper, social media, community & official website

1. Always look at the information of the token

✳️ Holders: How many wallet hold this token

✳️ Market cap: The total value of a particular cryptocurrency that is currently in circulation. It is calculated by multiplying the total number of coins or tokens in circulation by the current market price of each unit. *Always be careful with the small amount holders & M.cap

✳️ 24H amount: The total amount of assets traded in a specific period of time

✳️ Trade History:

⬆️ If there are no sell orders for a token, there is a high probability that there is a problem with the token smart contract.

⬆️ Here is the example of the “Normal” Trade History”. As you can see there is “buy” & “sell” transaction in this token which means that the holders can buy/sell normally. Scam token usually only can be bought but cannot be sold.

3. Always use the “Check” feature

⬆️ Here’s the example of the high risk token using “check” feature.As you can see the red display meaning you have to be very careful with this kind of token.This token have been reviewed by AVE.AI team, but this is not Financial Advise.

⬆️ ✳️Risk Check: you can get the information about this smart contract

✳️Risk Score: Risk scoring for the smart contract

*this is a fluctuate number that follow with the transaction amount

✳️Mechanism introduction: this explain how many fee that you have to pay when you buy the token.

*Summary to avoid scam token*

• Avoid unverified (token with no logo &description) & small M.cap token

• Check the trade history info and see the amount of “buy” & “sell”

• Always use a “check” feature

• Careful with the smart contract that have not “drop the admin privileges”, “allow transfer pause”

Ave.ai is a decentralized on-chain data platform that currently aggregates on-chain data from 50+ blockchains.

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