Audit log

Every state-changing event for GraceToken: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.

1. #1publishby system:backfill

   2026-05-31 18:21:05Z
   Score: ? → ? (no score change)
   anchoranchored

   chain

   ●mainnet-betaslot 423,427,644

   sig

   5JyaCCzPwaJf…Hg7iGRhxcopyexplorer ↗

   hash

   68tWJehTCGMc…ipk1L4q8copysha256 → base58

   verifying row…full verify ↗

   canonical bytes (13499 B) ▸

   {"actor":"system:backfill","investigation_id":"52122d0c-fba0-45ff-b54b-66f97dfffe20","kind":"publish","page_slug":"gracetoken","published_at":"2026-05-31T18:21:04.987Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"GraceToken","sections":[{"content":"At least two distinct projects have operated under the GraceToken name. The first (GRCE) was launched in mid-2017 on the Ethereum blockchain and described itself as a donation-incentive platform for nonprofit charities. It conducted an ICO between approximately August and December 2017 with a fixed token supply of 120,000,000 GRCE. The Ethereum contract address is 0x66a795D2d285C542DF00EbcaA7C42Fa8897c2C55. The second, unrelated project (GRC) is a BEP-20 token deployed on the BNB Smart Chain on approximately January 25, 2022, with a total supply of 100,000,000 GRC at contract address 0x2d0cdf3fc29446719f669ccd49918b14d3cd56e7. This BSC token marketed itself as a community-driven meme coin with DeFi utilities. The two projects share no documented relationship.","heading":"Project Identity and Disambiguation","severity":"medium","sources":[{"credibility":2,"name":"GRACE (GRCE) ICO Rating, Reviews and Details — ICOholder","type":"other","url":"https://icoholder.com/en/grace-923"},{"credibility":2,"name":"Gracecoin: GRC Token Address — BscScan","type":"on_chain","url":"https://bscscan.com/address/0x2d0cdf3fc29446719f669ccd49918b14d3cd56e7"},{"credibility":2,"name":"Grace Token (GRCE) Token Tracker — Etherscan","type":"on_chain","url":"https://etherscan.io/token/0x66a795d2d285c542df00ebcaa7c42fa8897c2c55"}]},{"content":"The Ethereum-based GRCE project positioned itself as a blockchain charity fundraising platform using an 'Advocate Incentive Mechanism' (AIM) in which a percentage of each donation was directed to individuals who promoted participating charities. The ICO ran from approximately August to December 2017 with a supply cap of 120,000,000 GRCE tokens and a 20% pre-sale bonus. The project's official website was gracetoken.org and it maintained a Medium blog (@GraceOrg) and a GitHub organization (github.com/GraceToken) with three repositories (crowdsale, web, donations). On January 7, 2018, the team posted a Medium article titled 'Grace is Shutting Down,' citing resource exhaustion, costly regulatory compliance requirements across jurisdictions (charitable solicitation licenses, money transmitter licenses), failure to build a sustainable operating model, and insufficient public interest in nonprofit blockchain projects. No refund mechanism was described in the shutdown notice. As of data available in mid-2026, only 14 holders are recorded on Etherscan with no meaningful trading activity. No team member names were ever publicly disclosed in any source reviewed.","heading":"GRCE (Ethereum, 2017): ICO and Shutdown","severity":"high","sources":[{"credibility":3,"name":"Grace is Shutting Down — Medium (@GraceOrg)","type":"other","url":"https://medium.com/@GraceOrg/grace-is-shutting-down-7eb76cfc3e66"},{"credibility":3,"name":"Grace Token Empowers the Nonprofit Sector With Individual Incentives — The Merkle News (sponsored post, Sept 3 2017)","type":"news_article","url":"https://themerkle.com/grace-token-empowering-the-nonprofit-sector-with-individual-incentives/"},{"credibility":2,"name":"Grace Token (GRCE) Token Tracker — Etherscan","type":"on_chain","url":"https://etherscan.io/token/0x66a795d2d285c542df00ebcaa7c42fa8897c2c55"},{"credibility":2,"name":"GraceToken GitHub Organization (Grace Org)","type":"official","url":"https://github.com/GraceToken"},{"credibility":2,"name":"Grace — ICO is open now — TokenMarket","type":"other","url":"https://tokenmarket.net/blockchain/ethereum/assets/grace/"}]},{"content":"The BNB Smart Chain GRC token was deployed on approximately January 25, 2022 by an address labeled 'Gracecoin: Deployer' (0xef457373551a213af58881ced696ccb5ab89065e) on BscScan. The project described itself as 'fully decentralized and owned by its fun, vibrant community' with plans for a decentralized marketplace, daily staking rewards, NFTs, and metaverse development, and alleged a completed third-party security audit. No audit report or auditing firm name has been independently verified. The token reached an all-time high of approximately $0.866 on or around April 25, 2022 per CoinPaprika, before declining to a price of $0.00 with no active markets or liquidity. As of available data, only 100 holders are recorded, with the top 10 addresses controlling approximately 89% of total supply — a high concentration that is considered a risk indicator. The BscScan contract page notes that no security audit was submitted on-chain and that the contract was compiled with Solidity v0.5.16, a version with 13 known compiler bugs. BscScan records approximately 5,998 total transactions, with the last recorded transaction as of March 3, 2026. No named founders, team members, or corporate entity have been identified in any source reviewed.","heading":"GRC (BNB Smart Chain, 2022): Price Collapse and Inactivity","severity":"high","sources":[{"credibility":3,"name":"GRACETOKEN (GRC) Price and Market Stats — TheBitTimes","type":"other","url":"https://thebittimes.com/token-GRC-BSC-0x2d0cdf3fc29446719f669ccd49918b14d3cd56e7.html"},{"credibility":2,"name":"GRACE TOKEN (GRC) Price — CoinPaprika","type":"other","url":"https://coinpaprika.com/coin/grc-grace-token/"},{"credibility":2,"name":"Gracecoin: GRC Token Address — BscScan","type":"on_chain","url":"https://bscscan.com/address/0x2d0cdf3fc29446719f669ccd49918b14d3cd56e7"},{"credibility":2,"name":"Grace Coin (GRC) ICO Rating, Reviews and Details — ICOholder","type":"other","url":"https://icoholder.com/en/grace-coin-1034761"}]},{"content":"Neither the Ethereum GRCE project (2017) nor the BSC GRC project (2022) has publicly disclosed the identities of founders, developers, or controlling parties. The GRCE shutdown announcement was signed only as 'The Grace Team.' The BSC GRC project references 'an experienced developer team' without naming any individuals. The absence of named, accountable leadership in both projects is a significant risk factor in the evaluation of any cryptocurrency project, as it limits accountability in the event of loss of funds or abandonment.","heading":"Anonymous Team and Disclosure Risk","severity":"high","sources":[{"credibility":3,"name":"Grace is Shutting Down — Medium (@GraceOrg)","type":"other","url":"https://medium.com/@GraceOrg/grace-is-shutting-down-7eb76cfc3e66"},{"credibility":2,"name":"Grace Coin (GRC) ICO Rating, Reviews and Details — ICOholder","type":"other","url":"https://icoholder.com/en/grace-coin-1034761"}]},{"content":"The entity has been described in some contexts as a suspected scam or rug pull. However, no Tier 1 source (court filing, SEC/CFTC/DOJ action, major news outlet) and no Tier 2 source (CoinDesk, The Block, Decrypt, established on-chain analytics) has published specific documented evidence that either the GRCE or GRC project executed a deliberate rug pull — meaning an intentional act of draining liquidity or minting tokens to defraud investors. The GRCE project publicly announced its shutdown with stated operational reasons and made its code repositories available. The GRC BSC token exhibits characteristics associated with low-quality or failed BSC tokens (high holder concentration, compiler vulnerabilities, price collapse to zero, no on-chain audit), but no forensic report attributing the price collapse to deliberate developer misconduct has been identified. The rug pull characterization, if intended to describe either project, should be treated as low-confidence and unverified pending stronger sourcing.","heading":"Scam and Rug Pull Allegations: Evidence Assessment","severity":"medium","sources":[{"credibility":2,"name":"GRACE TOKEN (GRC) Price — CoinPaprika","type":"other","url":"https://coinpaprika.com/coin/grc-grace-token/"},{"credibility":2,"name":"Gracecoin: GRC Token Address — BscScan","type":"on_chain","url":"https://bscscan.com/address/0x2d0cdf3fc29446719f669ccd49918b14d3cd56e7"}]},{"content":"Both tokens are effectively inactive. The GRCE token (Ethereum) has 14 holders and no active trading markets as of available data. The GRC token (BNB Smart Chain) shows $0 price and $0 liquidity; PancakeSwap v2 is listed as an exchange venue but shows no active trading. The last transaction recorded on the BscScan page for GRC was March 3, 2026, suggesting minimal residual activity. Any individual currently holding either token should treat their position as having no recoverable value. Investors should be alert to potential impersonator projects reusing the GraceToken name.","heading":"Current Status and Investor Risk","severity":"critical","sources":[{"credibility":2,"name":"Grace Token (GRCE) Token Tracker — Etherscan","type":"on_chain","url":"https://etherscan.io/token/0x66a795d2d285c542df00ebcaa7c42fa8897c2c55"},{"credibility":3,"name":"GRACETOKEN (GRC) Price and Market Stats — TheBitTimes","type":"other","url":"https://thebittimes.com/token-GRC-BSC-0x2d0cdf3fc29446719f669ccd49918b14d3cd56e7.html"},{"credibility":2,"name":"GRACE TOKEN (GRC) Price — CoinPaprika","type":"other","url":"https://coinpaprika.com/coin/grc-grace-token/"}]}],"sources_used":[{"credibility":3,"name":"Grace is Shutting Down — Medium (@GraceOrg)","type":"other","url":"https://medium.com/@GraceOrg/grace-is-shutting-down-7eb76cfc3e66"},{"credibility":3,"name":"Grace Token Empowers the Nonprofit Sector — The Merkle News","type":"news_article","url":"https://themerkle.com/grace-token-empowering-the-nonprofit-sector-with-individual-incentives/"},{"credibility":2,"name":"GRACE (GRCE) ICO Rating, Reviews and Details — ICOholder","type":"other","url":"https://icoholder.com/en/grace-923"},{"credibility":2,"name":"Grace Coin (GRC) ICO Rating, Reviews and Details — ICOholder","type":"other","url":"https://icoholder.com/en/grace-coin-1034761"},{"credibility":2,"name":"Grace Token (GRCE) Token Tracker — Etherscan","type":"on_chain","url":"https://etherscan.io/token/0x66a795d2d285c542df00ebcaa7c42fa8897c2c55"},{"credibility":2,"name":"Gracecoin: GRC Token Address — BscScan","type":"on_chain","url":"https://bscscan.com/address/0x2d0cdf3fc29446719f669ccd49918b14d3cd56e7"},{"credibility":2,"name":"GRACE TOKEN (GRC) Price — CoinPaprika","type":"other","url":"https://coinpaprika.com/coin/grc-grace-token/"},{"credibility":3,"name":"GRACETOKEN (GRC) Price and Market Stats — TheBitTimes","type":"other","url":"https://thebittimes.com/token-GRC-BSC-0x2d0cdf3fc29446719f669ccd49918b14d3cd56e7.html"},{"credibility":2,"name":"GraceToken GitHub Organization (Grace Org)","type":"official","url":"https://github.com/GraceToken"},{"credibility":2,"name":"Grace — ICO is open now — TokenMarket","type":"other","url":"https://tokenmarket.net/blockchain/ethereum/assets/grace/"},{"credibility":2,"name":"GRCE Token on Ethplorer","type":"on_chain","url":"https://ethplorer.io/address/0x66a795d2d285c542df00ebcaa7c42fa8897c2c55"}],"summary":"GraceToken is an ambiguous name shared by at least two unrelated cryptocurrency projects. The first (ticker: GRCE, Ethereum) was a 2017 charity-fundraising ICO that officially announced its shutdown in January 2018, citing resource exhaustion and inability to gain traction; its team identities were never publicly disclosed. The second (ticker: GRC, BNB Smart Chain) is a separate 2022 community-oriented meme token that reached an all-time high of approximately $0.87 in April 2022 before collapsing to near-zero, with no remaining liquidity or active trading; no Tier 1 or Tier 2 source has confirmed a deliberate rug pull for either project.","timeline":[{"date":"2017-08-13","event":"GRCE (Ethereum) ICO opens; project promotes a blockchain charity-fundraising platform via an Advocate Incentive Mechanism.","source":"ICOholder / The Merkle News","source_url":"https://icoholder.com/en/grace-923"},{"date":"2017-09-03","event":"The Merkle News publishes a sponsored article promoting Grace Token as a way to incentivize nonprofit fundraising advocates.","source":"The Merkle News","source_url":"https://themerkle.com/grace-token-empowering-the-nonprofit-sector-with-individual-incentives/"},{"date":"2017-11-01","event":"Main GRCE token sale period opens (running through December 1, 2017) on the Ethereum blockchain.","source":"TokenMarket","source_url":"https://tokenmarket.net/blockchain/ethereum/assets/grace/"},{"date":"2018-01-07","event":"Grace Token (GRCE) team publishes 'Grace is Shutting Down' on Medium, citing resource exhaustion, regulatory compliance costs, and lack of public traction. No refund mechanism is described.","source":"Medium @GraceOrg","source_url":"https://medium.com/@GraceOrg/grace-is-shutting-down-7eb76cfc3e66"},{"date":"2022-01-25","event":"A separate GRC token is deployed on the BNB Smart Chain (BSC) by the address labeled 'Gracecoin: Deployer.'","source":"BscScan","source_url":"https://bscscan.com/address/0x2d0cdf3fc29446719f669ccd49918b14d3cd56e7"},{"date":"2022-04-25","event":"BSC GRC token reaches its all-time high of approximately $0.866 per CoinPaprika.","source":"CoinPaprika","source_url":"https://coinpaprika.com/coin/grc-grace-token/"},{"date":"2026-03-03","event":"Last recorded transaction on the BscScan page for the GRC BSC contract; token price is $0.00 with no active liquidity.","source":"BscScan","source_url":"https://bscscan.com/address/0x2d0cdf3fc29446719f669ccd49918b14d3cd56e7"}]},"v":1}

   Verify offline (run on your own machine)

   python -m src.verify_decision 6137a699-2b19-4297-8817-122de0a6e895copy