Avascriptions Crypto Exchange Review: Red Flags and Missing Info
Avascriptions crypto exchange has no verified team, no whitepaper, no user reviews, and is flagged as a scam. Avoid depositing funds - there's no proof it's legitimate or secure.
When people talk about ASC-20 tokens, a token standard designed for lightweight, efficient blockchain deployments, often used in niche DeFi and gaming ecosystems. Also known as ASC20, it's not as widely adopted as ERC-20, but it’s gaining traction in chains that prioritize low fees and fast settlement. Unlike big-name standards, ASC-20 doesn’t have a giant ecosystem behind it—instead, it’s used by smaller projects that need something simple, cheap, and reliable. You won’t find it on Coinbase or Binance, but you might see it on lesser-known DEXs or testnets where developers are experimenting.
ASC-20 tokens are built to solve a real problem: how to create tokens without bloating the blockchain. They use minimal code, require less gas, and can be deployed quickly. That’s why you’ll see them pop up in things like micro-loyalty programs, in-game currencies, or experimental airdrops—like the ones you’ve seen in posts about SoccerHub (SCH), a play-to-earn soccer game that issued tokens via simple token standards or DSG token, a low-volume asset tied to a Binance Smart Chain project with no real trading activity. These aren’t blue-chip coins, but they’re examples of how lightweight token standards like ASC-20 are being tested in the wild. The same pattern shows up in projects like QBIT, a gaming token with no live product, but still issued on a simple token framework. The common thread? They don’t need complex infrastructure—they just need to exist on-chain.
What you won’t find with ASC-20 is heavy regulation, big marketing teams, or guaranteed liquidity. That’s not the point. It’s a tool for builders who want to test ideas fast, without waiting for approval or paying high fees. If you’re looking for the next big DeFi token, ASC-20 probably isn’t it. But if you’re curious about how real, small-scale crypto experiments work—especially the ones that never make headlines—then you’re in the right place. Below, you’ll find real examples of tokens built on similar standards, scams disguised as them, and guides on how to tell the difference between a working project and a dead one.
31 May
Avascriptions crypto exchange has no verified team, no whitepaper, no user reviews, and is flagged as a scam. Avoid depositing funds - there's no proof it's legitimate or secure.