Can You Trust EpiK Protocol? Let's Find Out!

EPK

Trust Score

2.6/100

  • Is Scam? No
  • Audit Relevance: Yes
  • Platform audited: Yes
  • Audit Coverage: Yes
  • Ongoing Bug Bounty: No
  • Incidents: No

Analytic

While EpiK Protocol presents itself as a promising and collaborative ecosystem for AI data, several red flags warrant careful consideration. Projects that emphasize community curation and rewards in token form often attract scam tactics, aimed at exploiting unsuspecting users. Given its claims of an expansive network and significant token distribution, it’s vital to scrutinize the listed metrics such as unique addresses, node count, and overall transaction volume for accuracy and authenticity.

Moreover, the lack of extensive documentation on the project’s team and its background can raise concerns about its legitimacy. Users should look for reviews, community discussions, and third-party analyses to evaluate the trust level of EpiK Protocol further. As with any crypto venture, conducting a detailed scam check before investing or participating is paramount.

Important:

  • - Investing in cryptocurrencies always has risks.

Project info

EpiK Protocol is an innovative AI-first blockchain project designed to create an open and collaborative AI data network accessible to all AI bots in Web3. The platform allows users to participate in curating, storing, and sharing vast amounts of AI data, with incentives provided in the form of their native token, $AIEPK.

One of the key roles within the ecosystem is that of the Bounty Hunter, responsible for curating high-quality human-labeled AI training data. This not only allows for better AI training but also provides economic incentives for contributors. The platform claims to have over 120,000 Bounty Hunters and 32 Domain Experts, underscoring a robust community engagement.

Interestingly, EpiK Protocol also hosts Knowledge Nodes that are pivotal for data storage and minting new blocks. Each node is tasked with holding significant amounts of curated data, with incentives for successful operation. However, users should exercise caution, as such projects often require a thorough scam check before engagement.

Despite a promising concept, potential investors should investigate whether the project maintains transparency, a solid development team, and a clear roadmap to assess its legitimacy fully. Always approach new crypto projects with healthy skepticism and conduct a comprehensive scam check.


Price
$0.00421374
Market Cap
$667079
Total Supply
400000000
Trading Volume (24h)
$73934

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