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CycloTurtles Token Review

CycloTurtles

Date Started
2021-12-16
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




CycloTurtles Token Review + Smart Contract Audit Summary



CycloTurtles started 2021-12-16 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://www.notessential.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 CycloTurtles 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 CycloTurtles wherein they have the potential to manipulate price actions and volatility of the token CycloTurtles, 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 CycloTurtles. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools



Bscheck.eu: 0xeeAF0E7664eC27F0fEba48bE0155177D70CE4abc


Honeypot.is: 0xeeAF0E7664eC27F0fEba48bE0155177D70CE4abc




CycloTurtles Smart Contract Audit Details



Description

Enter into the CycloVerse with Phase 1 CycloTurtles. 

 

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Audit Details

 

Audited project: CycloTurtles

Deployer address: 0x4c6bb6f96acb13c5d23cf4b98a5526b9c93cdbc8

Client contacts: CycloTurtles team

Blockchain: Ethereum

Project website: https://www.notessential.io/

 

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Сontracts Details

 

Token contract details for 16.12.2021

Contract name: CycloTurtles

Contract address: 0xeeAF0E7664eC27F0fEba48bE0155177D70CE4abc

Total supply: 0

Token ticker: TURTLES

Token holders: 0

Transactions count: 0

Top 100 holders dominance: 0

Max VIT supply: 1111

Max presale supply: 2222

Max public supply: 4289

Max total supply: 7777

Is burn enabled: False

Contract deployer address: 0x4c6bb6f96acb13c5d23cf4b98a5526b9c93cdbc8

Contract’s current owner address: 0x4c6bb6f96acb13c5d23cf4b98a5526b9c93cdbc8

 

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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

 No low severity issues found.

 

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

• Owner can change unrevealedURI.

• Owner can change baseURI.

• Owner can enable revealed parameter.

• Owner can add/remove addresses in VIT and presale lists.

• Owner can pause sales.

• Owner can start VIT, public and presale sales.

• Owner can enable burning.

• Owner can make gift mint.

• Owner can withdraw contract ETHs (not an issue).

 

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Conclusion

Smart contracts do not contain high severity issues! 

 

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

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