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OpenLive NFT Token Review

OpenLive NFT

Date Started
2021-12-23
Active
Yes
Honeypot?
Possible
Smart Contract Code Structure
Obscure
Ownership Renounced?
No
Whales Spotted?
Yes
Over-all Ratings
Bad
Conclusion
High Risk of getting RUG-PULLED




OpenLive NFT Token Review + Smart Contract Audit Summary



OpenLive NFT started 2021-12-23 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://openlivenft.com/, 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 OpenLive NFT 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 OpenLive NFT wherein they have the potential to manipulate price actions and volatility of the token OpenLive NFT, 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 OpenLive NFT. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools



Bscheck.eu: 0x8D918669B7cd9539B362291dC362725378102dF5


Honeypot.is: 0x8D918669B7cd9539B362291dC362725378102dF5




OpenLive NFT Smart Contract Audit Details



Description

OPENLIVE NFT is the pioneer platform in the NFT Marketplace which has been built for exchanging NFT tokens such as popular NFT platforms: Rarible, Opensea, Foundation, etc.

 

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Audit Details

 

Audited project: OpenLive NFT

Deployer address: 0x965f0362bc970db82b07944f842049be4a46be97

Client contacts: OpenLive NFT team

Blockchain: Binance Smart Chain

Project website: https://openlivenft.com/

 

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Сontracts Details

 

Token contract details for 31.12.2021

Contract name: OpenLive NFT

Contract address: 0x8D918669B7cd9539B362291dC362725378102dF5

Total supply: 200,000,000

Token ticker: OPV

Decimals: 18

Token holders: 1

Transactions count: 1

Top 100 holders dominance: 100.0000%

Fee wallet: 0x965f0362bc970db82b07944f842049be4a46be97

Transfer fee: 10

Percent divider: 1000

Uniswap V2 pair: 0xaf4e40cf0b393313f245fe20e1d08fda90703a43

Contract deployer address: 0x965f0362bc970db82b07944f842049be4a46be97

Contract’s current owner address: 0x965f0362bc970db82b07944f842049be4a46be97

 

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OpenLive NFT Token Distribution

 

OpenLive NFT Token Distribution

 

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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

1. Out of gas

Issue:

• The function modifyWhiteListSender(), modifyWhiteListReceiver(), modifyBlackList(), modifyWhiteListBot(), modifyWhiteListPool() uses the loop to iterate through lists from the argument. Functions will be aborted with OUT_OF_GAS exception if there will be a long addresses list in the function argument.

 

Recommendation:

Check that the arrays’ length is not too big.

 

Notes:

• Transfer function may have feeless transfer in else block like in transferFrom function.

 

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

• Owner can change _numTokensSellToAddToLiquidity value.

• Owner can enable/disable limitSell.

• Owner can mint.

• Owner can enable/disable mint.

• Owner can enable/disable antibot and swap whitelist.

• Owner can change fee value and wallet address.

• Owner can lock and unlock. By the way, using these functions the

owner could retake privileges even after the ownership was

renounced.

 

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Conclusion

Smart contracts contain low severity issues! Liquidity pair contract’s security is not checked due to out of scope.

 

Liquidity locking details NOT provided by the team.

 

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

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