In-Depth Review and Scam Check of N64 (https://n64sol.com/) — Beware Before You Invest

Overview of N64 Project

The N64 project, accessible via https://n64sol.com/, emerged as a seemingly nostalgic meme token built on the Solana blockchain. The project was launched around July 2024, claiming to bring a fun, meme-driven community experience with a focus on nostalgia and entertainment. According to the available data, N64's tokenomics involved a total supply of approximately 63.95 million N64 tokens, with a core emphasis on community engagement and potential meme coin profits.

Initially, N64 positioned itself as a token with significant fundamentals, boasting a high security score (~95.89%) and a community score of 35%. The project also claimed to have completed a security audit by Cyberscope, which emphasized basic KYC verification. Market metrics reflected a modest market cap of around $48,745 USD, with a current token price in the micro-cent range. Although the project advertised social media presence via Twitter and Telegram, actual engagement metrics, such as Telegram members (~742) and Twitter followers, were notably low or non-existent in terms of activity, hinting at limited community involvement.

Furthermore, N64 aimed to introduce various features such as staking, token utility, and perhaps integration with NFT or other DeFi elements. However, these aspects have remained largely unverified or underdelivered, and there are no substantial partnership announcements or developer documentation indicating ongoing development or ecosystem expansion.

Audit Findings from Cyberscope

The Cyberscope audit, conducted in July 2024, provided a technical review of the N64 token smart contract deployed on Solana. The audit was marked as a basic security assessment, with a focus on the token's Solidity-like standards on Solana's protocol. The results highlighted a security score of approximately 95.89%, indicating no critical vulnerabilities identified at the time.

However, it's important to note that the audit was limited to the token contract alone and did not include comprehensive security checks on the project's backend, website infrastructure, or broader ecosystem components. The audit also confirmed the token was created with a fixed supply, and no critical issues were noted that would suggest immediate technical risk to holders—at least according to this limited assessment.

Most notably, the audit report's vulnerabilities were minimal, but it does not inherently confirm the project’s legitimacy or sustainable operation, merely that the token contract itself did not exhibit obvious security flaws during the scan.

Red Flags and Disappearance of the Project

Currently, the official website https://n64sol.com/ is entirely inaccessible. This is a major red flag, especially given the initial promises of community engagement, utility features, and roadmap milestones. The sudden disappearance of the website, combined with the lack of recent updates or community activity, strongly suggests a project that has either been abandoned or intentionally shut down.

Additionally, the low engagement metrics, minimal social media presence, and absence of developer updates further corroborate that N64 is likely a classic rug pull or exit scam. Similar behaviors have been observed in numerous crypto scams where projects launch with some initial hype, only to vanish once they have accumulated enough funds or created enough hype to attract investors.

Historically, projects that fail to deliver on roadmaps, lack transparency, and become unresponsive are signals of fraudulent intent. In this case, the complete inaccessibility of their primary platform confirms these warnings.

Lessons Learned and Final Thoughts

Investors should exercise extreme caution when dealing with projects like N64. The signs are clear: a basic audit, limited community engagement, inaccessible official website, and no recent activity point towards a high likelihood of scam or rug pull behavior. Due diligence is critical; always verify team transparency, review ongoing development, and avoid investing in projects without active communication or verifiable milestones.

Moreover, remember that a successful project typically maintains open channels, offers verifiable progress, and adheres to promised targets. The disappearance of N64's website and the lack of social proof are instructive reminders to scrutinize token projects thoroughly before committing funds.

In summary, based solely on available data and the website's current unavailability, N64 should be classified as a scam or at best, a failed project. Potential investors must remain vigilant and skeptical of projects that show signs of opacity and abrupt disappearance, safeguarding themselves from inevitable losses common in rug pulls within the crypto ecosystem.

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Jessica Taylor

NFT Specialist

Jessica is an NFT specialist and digital artist. She explores the intersection of art, technology, and blockchain, helping creators monetize their work.

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