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Enigma

ETH

RugDoc Review

Low Risk
RugDoc KYC
UPDATE

Project is launched and live as of 31-03-2023

RugDoc KYC: Project owner has KYC’d to us, and has signalled his transparency and commitment to this project. We have also confirmed that the project owner has access to the privileged addresses of the project, and shall retain full responsibility over them and any actions taken by them.

Description

Enigma is an educational tech startup that provides its members with various educational and social trading benefits. Public members have access to free trading and web3 education as well as a free BTC algorithm discord signal. Enigma NFTs provide further access to benefits including fully automated copy trading, comprehensive market analysis and insights, live trade calls, and write-ups for wealth-building tools and life hacks. In partnership with Bitget, Enigma NFT holders are able to plug into the Enigma network of professional traders and algorithms. Members can select the Enigma traders and/or algorithms they want to follow and choose settings that match their risk tolerance. Their account will then automatically copy trades from their selected strategies in real-time.

Enigma was a free mint and has committed to donating 50% of secondary royalties to charity per community vote. There are currently five levels of membership: free tier, bronze (1 NFT), silver (2 NFTs), gold (5 NFTs), and platinum (? NFTs). Several of the member benefits listed on their website are already live and they plan to roll out others over time.

Max Mintable / Minted (%) [At time of listing]

  • 500 / 500 (100%)

Mint Price

  • 0 ETH (just gas!)
  • Current Floor: .21 ETH

Launch Details

  • Whitelist: March 31, 12:00 UTC
  • Public: March 31, 2023 00:00 UTC

Contract

Community Hypestatus

  • 6,214 Follower @ Twitter
  • 1,858 Members @Discord

 

Updated on 6 April 2023

*Paid Advertisement. Not financial advice. RugDoc is not responsible for the projects showcased here. DYOR and ape safu.

Project Type

NFT

Links

Social Links

Related Events

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Our mission here at RugDoc is to screen for hard rug code that results in 100% theft of ALL underlying funds for ALL participants.

This is the ONE part of the due diligence process that most people cannot simply do on their own as it costs thousands of dollars to hire a senior solidity developer to look over a farm for safety.

A project coin with terrible code can go up in price, and a project with good code and a good team can also go down in price.

Do NOT use our ratings to refer to your likelihood in making money if you invest in the project. They are ONLY in reference to code safety.

Everything else beyond code safety is YOUR responsibility to go do research on. We just make sure the casino you’re betting in won’t rob you before you even get to place a bet.

Our reviews for projects are organized into a few colors.

🟢 Least Risk
These projects are the least likely to hard or soft rug. Usually reserved for cornerstone projects of an ecosystem where it makes no financial sense for them to rug in any manner as they make more money just being legit.

🔵 Low Risk
These projects are usually established projects in an ecosystem that have a track record of success or have KYC’d to us or other authoritative sources in the real world. As a result, it is extremely unlikely for them to soft rug or hard rug their projects. The projects can still fail and the token price can go down, but usually more as a result of natural market forces.

⚪️ Some Risk
This is the default rating for projects with unknown teams but have code that is unlikely to have hard rug risk. Since the team is unknown and doesn’t have a track record of success, it’s entirely possible that they may try to soft rug by dumping tokens, abandoning the project, etc. Even a last minute contract swap to a malicious contract is possible. The only thing that is unlikely is a complete hard rug as long as you are 100% sure you deposit into the contract we review.

🟠 Medium Risk
Similar to Some Risk, but the underlying code itself is custom enough or complex enough that it warrants an elevated risk rating that needs deeper research. Make sure you read every point presented to make sure you’re comfortable with that before entering. Still unlikely to hard rug, but more chances of custom code behaving incorrectly and causing other issues.

🔴 High Risk
Project contains code or practices that are HIGHLY LIKELY to lead to catastrophic losses as they are right now. Make sure you read the description carefully as we will always warn what these issues are. If you see the words Hard Rug anywhere in the review, STAY FAR AWAY!

⚫️ Not Eligible
We reserve the right to not review exceedingly complex projects that would require tens of thousands of dollars of senior security analyst man hours. Typically these are projects that deal with leverage, lending, options, derivatives, and anything that is overly complex and which requires tons of peer reviews and audits from top audit companies.

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🟢 For owners who have made impactful changes and would like an update to their farm review:

1️⃣ Use #update at @RugDocChat with your description and proof of changes and it will be forwarded to our scanners.

2️⃣ This does not guarantee a change in your review.

3️⃣ Owners who have difficulty solving the issues can consider our Consultation Package – please contact @BaymaxCrypto on Telegram to discuss.