100% of the initial token allocation is held by the creator (248,120,301 tokens / 24.81% of total supply).
Creator token stats last updated: Apr 25, 2025 23:15
The following is generated by an LLM:
Summary
AI music platform with unclear utility and creator holding 25%
Analysis
Musicfy AI 2.0 is positioned as an AI-powered music creation platform, leveraging decentralized ownership through the Virtuals Protocol. The creator holds 24.81% of the token supply, which is substantial but within reasonable bounds for commitment without excessive centralization. However, there's no detail on lock-up periods for the creator's tokens, raising potential red flags about sudden sell-offs. The project's success hinges on actual utility—transforming how users create music with AI—which isn't validated here. The website and social links in the creator's bio (Twitter and musicfy.lol) need verification for activity and legitimacy. Lack of legal entity or team transparency lowers trust. The liquidity contract requires 42k $VIRTUAL to graduate; checking current status would clarify progress. Security risks are unclear without smart contract audits. While the idea aligns with trends, execution risks and limited information justify caution.