Verify a decision

{"actor":"system:backfill","investigation_id":"dc2ab8a7-34bd-4a93-8761-bde0f446bbc3","kind":"publish","page_slug":"mona","published_at":"2026-05-29T02:53:02.959Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"MONA (Monavale / DIGITALAX)","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.bitget.com/price/monavale/what-is","type":"other","url":""},{"credibility":3,"name":"https://icodrops.com/digitalax/","type":"other","url":""},{"credibility":3,"name":"https://digitalax.gitbook.io/digitalax/tokens","type":"other","url":""},{"credibility":3,"name":"https://cointelegraph.com/magazine/emma-jane-mackinnon-lee-digitalax/","type":"other","url":""},{"credibility":3,"name":"https://etherscan.io/token/0x275f5Ad03be0Fa221B4C6649B8AeE09a42D9412A","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://coinmarketcap.com/currencies/monavale/","type":"other","url":""},{"credibility":3,"name":"https://www.coingecko.com/en/coins/monavale","type":"other","url":""},{"credibility":3,"name":"https://coinmarketcap.com/currencies/monavale/historical-data/","type":"other","url":""},{"credibility":3,"name":"https://cryptorank.io/ico/monavale","type":"other","url":""},{"credibility":3,"name":"https://www.coinbase.com/price/monavale","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://isthiscoinascam.com/check/monavale","type":"other","url":""},{"credibility":3,"name":"https://www.coingecko.com/en/coins/monavale","type":"other","url":""},{"credibility":3,"name":"https://www.certik.com/products/skynet","type":"other","url":""},{"credibility":3,"name":"https://etherscan.io/token/0x275f5Ad03be0Fa221B4C6649B8AeE09a42D9412A","type":"other","url":""},{"credibility":3,"name":"https://github.com/DIGITALAX/staking","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://coinmarketcap.com/currencies/monavale/","type":"other","url":""},{"credibility":3,"name":"https://polygonscan.com/token/0x6968105460f67c3bf751be7c15f92f5286fd0ce5","type":"other","url":""},{"credibility":3,"name":"https://isthiscoinascam.com/check/monavale","type":"other","url":""},{"credibility":3,"name":"https://www.coingecko.com/en/coins/monavale","type":"other","url":""},{"credibility":3,"name":"https://opensea.io/collection/digitalaxnft","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://isthiscoinascam.com/check/monavale","type":"other","url":""},{"credibility":3,"name":"https://coinmarketcap.com/currencies/monavale/","type":"other","url":""},{"credibility":3,"name":"https://github.com/DIGITALAX/staking","type":"other","url":""},{"credibility":3,"name":"https://www.coingecko.com/en/coins/monavale","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://cointelegraph.com/magazine/emma-jane-mackinnon-lee-digitalax/","type":"other","url":""},{"credibility":3,"name":"https://www.gaming.net/emma-jane-mackinnon-lee-founder-ceo-of-digitalax-interview-series/","type":"other","url":""},{"credibility":3,"name":"https://isthiscoinascam.com/check/monavale","type":"other","url":""},{"credibility":3,"name":"https://digitalax.xyz/","type":"other","url":""},{"credibility":3,"name":"https://icoholder.com/en/digitalax-1000009","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coinbase.com/price/monavale","type":"other","url":""},{"credibility":3,"name":"https://www.bitget.com/price/monavale","type":"other","url":""},{"credibility":3,"name":"https://coinmarketcap.com/currencies/monavale/","type":"other","url":""},{"credibility":3,"name":"https://www.coingecko.com/en/coins/monavale","type":"other","url":""},{"credibility":3,"name":"https://isthiscoinascam.com/check/monavale","type":"other","url":""}]}],"sources_used":[],"summary":"MONA is the native ERC-20 governance and utility token of DIGITALAX, a Web3 digital fashion NFT platform founded by Emma-Jane MacKinnon-Lee and launched in November 2020. The token reached an all-time high of approximately $5,980 in November 2021 before collapsing more than 99% to trade below $50, with a total market capitalisation under $500,000 as of mid-2026. Third-party security assessors flag critically low liquidity, extreme holder concentration, a below-average security score, and a near-total absence of trading activity, collectively indicating a project in terminal decline.","timeline":[{"date":"2020-11-02","event":"DIGITALAX Genesis Period begins; MONA token generation commences on the Ethereum network.","source":""},{"date":"2020-11-21","event":"DIGITALAX main token sale concludes at approximately $0.05 per MONA token.","source":""},{"date":"2020-12-06","event":"MONA token generation event formally completed.","source":""},{"date":"2021-03-20","event":"MONA reaches an early all-time high of approximately $2,840.70, driven by NFT market enthusiasm.","source":""},{"date":"2021-11-16","event":"MONA reaches its absolute all-time high of approximately $5,980.87, coinciding with the broader crypto and NFT bull market peak.","source":""},{"date":"2021-12-09","event":"MONA token listed on CertiK Skynet security monitoring platform.","source":""},{"date":"2022-02-15","event":"DIGITALAX receives a grant round nominally valued at $100, representing the only identified external funding event post-launch.","source":""},{"date":"2022-10-01","event":"CertiK completes a security audit of DIGITALAX smart contracts, assigning a partial Skynet score of 61.66 (grade B).","source":""},{"date":"2023-01-01","event":"MONA token price has declined approximately 98% from all-time high; marketplace volume and NFT activity sharply reduced from 2021 peak levels.","source":""},{"date":"2025-09-01","event":"MONA reaches an all-time low of approximately $19.58, representing the deepest point of its post-ATH decline.","source":""},{"date":"2026-05-01","event":"MONA trading at approximately $40-80 with 24-hour volume as low as $3; total market cap under $500,000. ZachXBT flags MONA. Third-party assessors assign safety scores of 27-47%, citing liquidity failure, holder concentration, and team transparency concerns.","source":""}]},"v":1}