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Tokenoid Token Review

Tokenoid

Date Started
2021-11-08
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




Tokenoid Token Review + Smart Contract Audit Summary



Tokenoid started 2021-11-08 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 tokenoid.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 Tokenoid 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 Tokenoid wherein they have the potential to manipulate price actions and volatility of the token Tokenoid, 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 Tokenoid. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools



Bscheck.eu: 0xB068bD15AEDf75Be6c2c6d0Be10b286a32087120


Honeypot.is: 0xB068bD15AEDf75Be6c2c6d0Be10b286a32087120




Tokenoid Smart Contract Audit Details



Description:

TOKENOID, developing some games using the blockchain technology for their transactions. more games, more utilities for NOID.

 

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Audit Details

 

Audited project: Tokenoid

Deployer address: 0xf8655a93ffdd31cb2c6ee5f2cab3d26eb8f149f4

Client contacts: Tokenoid team

Blockchain: Binance Smart Chain

Project website: Not provided by Tokenoid team

 

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Сontracts Details

 

Token contract details for 03.11.2021

Contract name: Tokenoid

Contract address: 0xB068bD15AEDf75Be6c2c6d0Be10b286a32087120

Total supply: 25,000,000

Token ticker: NOID

Decimals: 9

Token holders: 2

Transactions count: 2

Top 100 holders dominance: 100.00%

Liquidity fee: 0

Tax fee: 2

Total fees: 0

Uniswap V2 pair: 0x41e572a79fb1f80dd17d54b6db4fbf7436483707

Contract deployer: address 0xf8655a93ffdd31cb2c6ee5f2cab3d26eb8f149f4

Contract’s current owner address: 0xf8655a93ffdd31cb2c6ee5f2cab3d26eb8f149f4

 

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Tokenoid Token Distribution

 

Tokenoid 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 includeInReward() uses the loop to find and remove addresses from the _excluded list. Function will be aborted with OUT_OF_GAS exception if there will be a long excluded addresses list.

• The function _getCurrentSupply also uses the loop for evaluating total supply. It also could be aborted with OUT_OF_GAS exception if there will be a long excluded addresses list.

 

Recommendation:

Check that the excluded array length is not too big.

 

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

• Owner can change the tax, devMarketing and liquidity fee.

• Owner can change the maximum transaction amount.

• Owner can exclude from the fee.

 

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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/November/Tokenoid%20Full%20Smart%20Contract%20Security%20Audit.pdf

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