Fact-check findings

The reviewer could not reconcile the claim with the evidence it cited. This is a lead, not a ruling that the claim is false.

1. #14[disputed][awaiting moderator]in section: Impersonation and Phishing Risk

   “A domain airdrop.paintswap.pro was identified as a low-risk crypto drainer phishing threat by at least one security vendor on VirusTotal, as reported in April 2026.”

   reviewerA domain airdrop.paintswap.pro was identified as a low-risk crypto drainer phishing threat by at least one security vendor on VirusTotal, as reported in April 2026.The cited source does not use the terms 'crypto drainer' or 'phishing threat,' nor does it support an April 2026 report date; the underlying fact of a single low-detection VirusTotal flag is present, but the characterization and date in the page text are not supported by the source actually cited.
   Proposed correction (not yet applied)

   A domain airdrop.paintswap.pro was flagged by one of 95 security vendors on VirusTotal and listed as a threat record by PhishDestroy, which first observed the domain on November 30, 2025.
   citedphishdestroy.io/domain/airdrop.paintswap.pro/

No source the reviewer could reach confirms or contradicts the claim.

1. #1[unverifiable][awaiting moderator]in the timeline

   “PaintSwap launches on Fantom Opera with yield farming and staking; BRUSH token introduced.”

   reviewerPaintSwap launched on Fantom Opera on May 10, 2021.The page's own primary source could not be fetched (403). Independent listings (CoinMarketCap, KuCoin) consistently cite a single launch date of May 20, 2021, not May 10. It is plausible the page is distinguishing an announcement date from a trading-live date, but this cannot be confirmed independently.
   citedmedium.com/paint-swap-finance/introducin…ance-8dc74d0766f
2. #2[unverifiable][awaiting moderator]in the timeline

   “BRUSH liquidity pools opened for community trading.”

   reviewerBRUSH liquidity pools opened for community trading on May 20, 2021.Date is consistent with external listings, but the primary cited source could not be verified directly.
   citedmedium.com/paint-swap-finance/introducin…ance-8dc74d0766f
3. #9[unverifiable][awaiting moderator]in section: Market Position and Ecosystem Activity

   “As of early 2026, BRUSH has a market cap of approximately $264,000 and sits outside the top 6,000 tokens by market capitalization on CoinMarketCap, reflecting the overall decline of the Fantom DeFi ecosystem relative to its 2021-2022 peak.”

   reviewerBRUSH market cap is approximately $264,000 as of early 2026.Could not independently confirm the specific early-2026 market cap figure; current live data shows a different (lower) figure, but that does not contradict a claim scoped to an earlier date.
   citedpaintswap.io/www.coingecko.com/en/coins/paint-swapgithub.com/paintswapjuicenews.io/article/estfor-kingdom-browser-rpg/
4. #12[unverifiable][awaiting moderator]in section: Domain Hijacking Incident (October 2025)

   “On October 10, 2025, all PaintSwap-owned domains hosted through the privacy registrar Njalla were taken offline when Njalla reset the domain name servers without prior notice.”

   reviewerOn October 10, 2025, Njalla suspended PaintSwap's entire domain account without prior notice, affecting estfor.com, estforkingdom.com, paintswap.io, paintswap.finance, and paintswap.live, due to a low-detection-rate VirusTotal flag on a deprecated GitHub Pages app at paintswap.live.Could not access the only cited source (official PaintSwap Medium post by Paintoshi) due to a 403 block, and no independent news coverage of this incident was found via search. This is a self-published official account, plausible but not independently corroborated.
   citedmedium.com/paint-swap-finance/paintswap-…ice-3e808e72a99a
5. #13[unverifiable][awaiting moderator]in the timeline

   “Domain transfers to a new registrar completed; all primary PaintSwap domains restored except paintswap.live.”

   reviewerDomain transfers were approved October 12, 2025 with a 7-day wait; all domains except paintswap.live were restored by October 17, 2025.Same single-source issue as the main domain incident section; no independent corroboration found.
   citedmedium.com/paint-swap-finance/paintswap-…ice-3e808e72a99a
6. #16[unverifiable][awaiting moderator]in the timeline

   “PaintSwap NFT Launchpad goes live.”

   reviewerPaintSwap NFT Launchpad went live on July 20, 2024.The cited source does not actually support the specific launchpad-live date in the claim, and no alternative source confirming July 20, 2024 was found via search.
   citedblog.soniclabs.com/august-24-newsletter/

The claim was accurate when written but events since have overtaken it.

1. #7[stale][awaiting moderator]in section: Token Economics and BRUSH Price Decline

   “The all-time low was recorded on February 6, 2026 at approximately $0.0005399.”

   reviewerBRUSH's all-time low was recorded on February 6, 2026 at approximately $0.0005399.This was accurate when first recorded but is now out of date; a new, lower all-time low was set on August 18, 2026 per the same cited source.
   Proposed correction (not yet applied)

   The all-time low was recorded on August 18, 2026 at approximately $0.000346.
   citedcoinmarketcap.com/currencies/paintswap/
2. #8[stale][awaiting moderator]in the timeline

   “BRUSH token hits all-time low of approximately $0.0005399.”

   reviewerBRUSH token hits an all-time low of approximately $0.0005399 on 2026-02-06.Same underlying issue as the Token Economics section: this was the all-time low as of the review input's vintage but has since been superseded; the date field (2026-02-06) itself is not wrong, only the 'all-time low' characterization in the event text.
   Proposed correction (not yet applied)

   BRUSH token hits a low of approximately $0.0005399, since surpassed by a new all-time low reached on August 18, 2026.
   citedcoinmarketcap.com/currencies/paintswap/

A cited source no longer resolves or no longer says what the page attributes to it.

1. #17[link rot][awaiting moderator]in the timeline

   “https://blog.soniclabs.com/august-24-newsletter/”

   reviewerThe cited source URL for the Sonic Labs newsletter resolves and is live, though at a new address.Not fully dead, but permanently redirected; recommend updating to the canonical URL. Separate from the content-support issue noted in the launchpad-date finding above.
   Proposed correction (not yet applied)

   https://www.soniclabs.com/blog/august-24-newsletter/
   citedblog.soniclabs.com/august-24-newsletter/

The cited evidence supports part of the claim but not all of it.

1. #3[partially supported][awaiting moderator]in the summary

   “The platform operates an open NFT marketplace, an AMM DEX, yield farming, and an on-chain idle MMORPG called Estfor Kingdom, all powered by its native BRUSH token.”

   reviewerPaintSwap's AMM DEX / swap product is currently operating as part of the platform.The NFT marketplace does appear to remain live on Sonic per PaintSwap's own docs, but independent listings (CoinMarketCap) and the current official homepage both suggest the original AMM DEX/swap function has been decommissioned/migrated to SpookySwap and is not among PaintSwap's currently promoted products. The summary presents 'AMM DEX' as a current, ongoing offering without qualification, which overstates the current state of that specific product line.
2. #4[partially supported][awaiting moderator]in section: Token Economics and BRUSH Price Decline

   “PaintSwap applies deflationary mechanisms: 50% of marketplace and launchpad fees are used to buy back and burn BRUSH.”

   reviewer50% of marketplace fees (in addition to launchpad fees) are used to buy back and burn BRUSH.The 50% figure is confirmed for launchpad fees and for fNFT sales, but the page conflates this with general 'marketplace' fees, for which the cited source gives no percentage.
   citeddocs.paintswap.io/tokenomics/brush

The cited evidence supports the claim as written.

1. #5[confirmed][no action needed]in section: Token Economics and BRUSH Price Decline

   “Its original maximum supply was planned at 450 million, but following the Sonic migration in late 2024, the team halted all further BRUSH emissions, capping effective circulating supply at approximately 407 million tokens.”

   reviewerBRUSH token's original planned max supply was 450 million, and effective circulating supply is now capped at approximately 407 million following the Sonic migration emissions halt.Figures are corroborated by both the official docs and CoinMarketCap.
   citeddocs.paintswap.io/tokenomics/brush
2. #6[confirmed][no action needed]in section: Token Economics and BRUSH Price Decline

   “The token reached an all-time high of approximately $0.2491 on January 16, 2022, and has since declined approximately 99.7% to around $0.0006 as of early 2026, giving it a market capitalization of roughly $264,000.”

   reviewerBRUSH reached an all-time high of approximately $0.2491 on January 16, 2022.ATH figure and date are confirmed by the cited source and corroborated by other trackers (CoinGecko, MEXC).
   citedcoinmarketcap.com/currencies/paintswap/
3. #10[confirmed][no action needed]in section: Smart Contract Security and Audit

   “PaintSwap underwent a smart contract audit conducted by SourceHat (formerly Solidity Finance) on November 1, 2021.”

   reviewerSourceHat (formerly Solidity Finance) audited PaintSwap on November 1, 2021, covering BRUSH token, Decorator, Timelock, Factory, Router and Multicall contracts, with no critical/high severity findings; top 5 holders controlled 28.87% of supply; owner could mint unlimited tokens, mitigated by a 24-hour Timelock.All specific figures and dates in this section are independently corroborated by the audit document itself.
   citedsourcehat.com/audits/PaintSwap/
4. #11[confirmed][no action needed]in section: Team Anonymity and Transparency

   “The Fantom Foundation has published a team profile describing combined experience of 70 or more years across crypto, finance, and software development, with individual members cited as having 5 to 26 years of industry experience.”

   reviewerPaintSwap's core team operates under pseudonymous handles (Arod, SamWitch, CheeseKnight, Paintoshi, Dyeharder, N0rm), with a Fantom Foundation profile citing combined experience of 70+ years, individual experience 5 to 26 years.Matches the cited source closely, including the specific range and combined total.
   citedblog.fantom.foundation/fantom-ecosystem-…light-paintswap/
5. #15[confirmed][no action needed]in section: Regulatory and Legal Status

   “No regulatory actions, SEC or CFTC enforcement actions, court filings, or government investigations involving PaintSwap or its operators have been identified in publicly available sources as of May 2026.”

   reviewerNo regulatory actions, SEC/CFTC enforcement, court filings, or government investigations involving PaintSwap have been identified as of May 2026.Independent web searches for PaintSwap plus SEC/CFTC/lawsuit/enforcement terms turned up no results connecting PaintSwap to any regulatory action, consistent with the claim, though the cited source (a price page) does not actually support this specific claim — a stronger citation (e.g., SEC EDGAR or CFTC search results) would be more appropriate.
   citedcoinmarketcap.com/currencies/paintswap/