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HerityNetwork Token Review

Date Started

2021-12-15

Active

Yes

Honeypot?

Possible

Smart Contract Code Structure

Obscure

Ownership Renounced?

Whales Spotted?

Yes

Over-all Ratings

Bad

Conclusion

High Risk of getting RUG-PULLED

HerityNetwork Token Review + Smart Contract Audit Summary

HerityNetwork started 2021-12-15 and it's currently active, based on the in-depth smart contract audit from different sources and upon checking it's website and other instances like the developers behind this project we can obviously tell based on it's over-all ratings which is Bad and has a HUGE RISK of getting RUG-PULLED.

The basis of our audit came from different areas like how professionally done was their website, their roadmap if it is being followed diligently, social media pages, mission and vision as well as their whitepaper that you can find on their website https://herity.io/, also we use verified and well established auditing tools like honeypot.is wherein this NFT was found out that it is a POSSIBLE honeypot trap wherein the smart contract dictates that you can buy but you cannot sell it in the future, although at some point there are others sneaky developers that enable the "selling" feature but after some time they disable it once lots of investors already dive-in.

We have a way of detecting that kind of trick and for this token HerityNetwork we can absolutely tell that it has a high possibility of being a honeypot trap, our basis lies on their Smart Contract Code Structure which is OBSCURE and contains malicious codes in nature, only scammers with unreadable and obscure codes have had the bad intentions to do something fishy in the long run, another thing to take note is if the ownership of the token is either renounced or not, for this token, the answer is No.

Another basis we are considering if a token is risky of getting rug pulled is if there are whales spotted on the holders, whales refers to those individuals or entities that hold large shares or percentage of the token HerityNetwork wherein they have the potential to manipulate price actions and volatility of the token HerityNetwork, so for this token the answer is Yes it has whales.

Therefore we conlude that this token has a High Risk of getting RUG-PULLED in the future, this is not a financial advise, it's always up to you to invest or not on this token, we are here only to give our insights based on the evidences and calculations we made on the smart contract of HerityNetwork. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools

Bscheck.eu: 0x8c18ffD66d943C9B0AD3DC40E2D64638F1e6e1ab

Honeypot.is: 0x8c18ffD66d943C9B0AD3DC40E2D64638F1e6e1ab

HerityNetwork Smart Contract Audit Details

Description

Herity Network Project aims to deliver a Seed Investment Platform and NFT marketplace, all with a transparent and legal framework.

---

Audit Details

Audited project: HerityNetwork

Deployer address: 0x3dc8bb245e5ad46cf050268c29f7bbc5407ad1ba

Client contacts: HerityNetwork team

Blockchain: Binance Smart Chain

Project website: https://herity.io/

---

Сontracts Details

Token contract details for 17.12.2021

Contract name: HerityNetwork

Contract address: 0x8c18ffD66d943C9B0AD3DC40E2D64638F1e6e1ab

Total supply: 100,000,000

Token ticker: HER

Decimals: 9

Token holders: 18

Transactions count: 19

Top 100 holders dominance: 100.00%

Liquidity fee: 8

Ong address: 0xc877ae16e6d294c1ac3217121b997658eb866b8d

Buyback address: 0x1a5f261fe71852fae11ec4155f0f541a88c7b5d2

Contract deployer address: 0x3dc8bb245e5ad46cf050268c29f7bbc5407ad1ba

Contract’s current owner address: 0x3dc8bb245e5ad46cf050268c29f7bbc5407ad1ba

---

HerityNetwork Token Distribution

HerityNetwork Token Distribution

---

Issues Checking Status

Issues Checking Status

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Security Issues

High Severity Issues

No high severity issues found.

Medium Severity Issues

No medium severity issues found.

Low Severity Issues

No low severity issues found.

Owner privileges (In the period when the owner is not renounced)

• Owner can exclude from the fee.

• Owner can change buyback and ong addresses.

• Owner can remove and restore fees.

• Owner can change the maximum transaction amount.

• Owner can change _numTokensSellToAddToLiquidity value.

• Owner can manually swap.

• Owner can enable/disable swap and liquify.

• Owner can withdraw contract tokens and BNBs.

---

Conclusion

Smart contracts do not contain high severity issues! Liquidity pair contract’s security is not checked due to out of scope. Contract do not have auto liquidity adding.

Liquidity locking details are NOT provided by the team.

---

Source: https://github.com/TechRate/Smart-Contract-Audits/blob/main/December/HerityNetwork%20Full%20Smart%20Contract%20Security%20Audit.pdf

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