| Risk factor | Finding | Evidence | Date |
|---|---|---|---|
| Sellable | Yes | Transfer simulation | 31 Oct 2026 |
| Buy tax | 0% | Contract | 31 Oct 2026 |
| Sell tax | 0% | Contract | 31 Oct 2026 |
| Admin mint | Not present | Contract | 31 Oct 2026 |
| Transfers pausable | Not present | Contract | 31 Oct 2026 |
| Address blacklist | Not present | Contract | 31 Oct 2026 |
| Upgradeable proxy | No | Contract | 31 Oct 2026 |
| Source verified | Yes | Block explorer | 31 Oct 2026 |
| Top-10 holders | 100% | Holder distribution | 31 Oct 2026 |
| Holders | 1 | Token contract | 31 Oct 2026 |
| Deployed by | 0x4bd058…4a7811 |
| Holders | 1 |
| Rank | Address | Share |
|---|---|---|
| #1 | 0x4bd058…4a7811 | 100.00% |
This automated check looked at iCoin's contract code and ran a transfer simulation. On the date of the check, a sell transaction completed successfully, meaning no honeypot behaviour was detected — that is, nothing in the code prevents a holder from selling once they have bought in. Buy and sell tax both came back at 0%, so no automatic fee is taken on trades at the contract level. The scan also found no admin mint function, no ability to pause transfers, no blacklist function, and no upgradeable proxy pattern — in practical terms, this means the contract owner does not currently have a coded mechanism to create new tokens at will, freeze your wallet, block specific addresses from trading, or swap out the contract's logic after deployment. The contract source is verified on the block explorer, so the code that was reviewed is the same code actually running on-chain, rather than something hidden behind unpublished bytecode. Set against this, the holder data shows the top 10 holders control 100% of supply, and the contract currently shows only 1 holder — numbers this concentrated mean a single wallet or a very small group holds effective control over the entire circulating supply, which is a separate and significant risk from the contract mechanics described above.
It's worth being clear about what this check does not do. It reads contract code and on-chain data only, automatically, with no human review involved. It cannot tell you who is behind iCoin, whether the team is anonymous, whether any roadmap or whitepaper claims are accurate, how the project intends to use funds, or whether there is any legal entity standing behind the token. A clean set of contract findings says nothing about the people or intentions driving a project — a contract can look technically unremarkable and still be attached to a project with no real activity behind it.
Before putting any money in, it's worth checking who holds that concentrated supply — look at the holder list directly on the block explorer to see whether it's sitting in a single wallet, a deployer address, or a locked contract, since that changes the picture considerably. It's also worth checking whether liquidity is locked or held by the deployer, searching for the team or project elsewhere online, and treating a holder count of 1 as a sign that the token may not yet have any real distribution or trading activity at all. None of this is investment advice, and nothing here should be read as a recommendation to buy, hold, or avoid this token.
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We checked 18 points out of 100.
The other 82 are where money is usually lost: who the team is, where the tokens sit, what the documents actually say, and what the project chose not to put on its front page.
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