ABLE — TokenGrade™ Audit Report

Note: The following audit report was conducted by TokenGrade™, an ICO Watchdog service and the most trusted source for expert independent analysis of ICO smart contracts and whitepapers. Learn more about TokenGrade™ Audit reports here: http://tokengrade.com.

ABLE — Blockchain Bank Project For Crypto Asset Management

ABLE project will provide various cryptocurrency loan products (Crypto loan) for users. In the initial stage of its business, it will mainly provide services for crypto loans backed by cryptocurrency since the use of cryptocurrency is not expanding enough to gather credit data in the crypto space. The role of ABLE is not to function as an intermediary but to provide a decentralized service platform to users. Investors and borrowers will make various crypto loan contracts at their own discretion.

TokenGrade™ Audit Score

• Score: FAIL
• Warnings: Fraudulent Project. Funds were being collected and shortly after the company withdrew all contact methods. Advisors and Some C-Level executives could not be authenticated. Therefore we would not advise investing in ABLE PROJECT.

ICO Smart Contract Details

• Smart Contract Type: ERC20
• Ether Scan:https://etherscan.io/address/0x419a87c4deeb99817a5413b14b3a71bbd23c4fb8
• Source Code:https://etherscan.io/address/0x419a87c4deeb99817a5413b14b3a71bbd23c4fb8#code

Token Contract Details

• Smart Contract Type: ERC20
• Ether Scan:https://etherscan.io/address/0x3aa6eaa1127063a3700efdd589eb75ff1b5907b3
• Source Code:https://etherscan.io/address/0x3aa6eaa1127063a3700efdd589eb75ff1b5907b3#code

Verified Organization Details

• Address: Estonia
• Email: We couldn’t find any email address that is related to this project.
• Website: https://www.able-project.io

Verified Team Members

• Myung So Kim, CEO, https://www.linkedin.com/in/myung-so-kim-168029147/
• Kangsu Kim, CTO, https://www.linkedin.com/in/kangsu-kim-9903b0120/

Verified Advisors

• No Advisors to verify

Verified Token Supply and Details

• Application Platform: Ethereum
• Token Symbol: ABLE
• Token Name: ABLE
• Maximum Supply: 25,000,000,000 ABLE
• Hard Cap: 25,000 ETH
• Soft Cap: 10,000 ETH
• Exchange Rate: 1 ABLE = 0.00215 USD(Main Sale-Round 2)
• Duration: July 16th-August 10th (Main Sale- Round 2)
• KYC/AML: Yes
• Method of Contribution: Ether and BTC
• Token Distribution Breakdown:
  -60% Token Sale
  -15% Reserved
  -10% Team Incentives
  -10% Foundation
  -5% Marketing & Strategy Partners

Verified Community Links

• Telegram: Not Available
• Twitter: Not Available
• Facebook: Not Available

Disclaimer: TokenGrade™, a service of ICO Watchdog®, is an independent provider of ICO smart contract audit reports. The views expressed within this report are TokenGrade’s in its entirety. Whilst TokenGrade™ believes the information contained in this report is based on information which is considered to be reliable, its accuracy and completeness are not guaranteed and no warranty of accuracy or reliability is given or implied and no responsibility for any loss or damage arising in any way for any representation, act or omission is accepted by TokenGrade™ or by any officer, agent or employee of ICO Watchdog® or its related entities. ICO Watchdog® at all times reserves the right to at any time vary, without notice, the range of services offered by TokenGrade™ and the terms under which such services are offered.