Shyft Network (SHFT)
CryptoScore Pro global score : 40/100 (computed on 2026-10-29)
Shyft Network (SHFT) is an infrastructure project positioned within the Ethereum ecosystem, with its token deployed as an ERC-20 contract on Ethereum at address 0xb17c88bda07d28b3838e0c1de6a30eafbcf52d85. The verified contract was deployed on 29 June 2021, the same date recorded as the project genesis, and it is not a proxy contract, which means its logic cannot be upgraded by a separate implementation address. The project targets institutional and regulated actors seeking compliance tooling for digital asset transfers, a niche that distinguishes it from general-purpose Layer 1 or Layer 2 networks. Its relevance rests on the thesis that compliance-oriented data exchange between virtual asset service providers will become a requirement for on-chain finance, which positions the token as the native instrument of a service layer rather than of a standalone smart contract platform. The technical foundation of the project is published under the GitHub repository ShyftNetwork/veriscope, which is the only code repository linked in the verified data. The repository shows 7 stars, 12 forks and 3 open issues, and its most recent push is dated 23 July 2024. No GitHub release was published…
Scores by pillar
| Technology | 38/100 |
|---|---|
| Tokenomics | 58/100 |
| Team | 66/100 |
| Adoption | 27/100 |
| Liquidity | 26/100 |
| Compliance | 51/100 |
Market data
| Price | $0.0002047 |
|---|---|
| Market cap | $478,001.03 |
| 24h volume | $85.32 |
| Market cap rank | #3392 |
| 24h change | 0% |
| 7d change | -4.49% |
| Blockchain | Ethereum |
| Sector | Infrastructure |
Analysis
Shyft Network is a technical protocol designed to solve a specific problem: regulatory interoperability within the blockchain ecosystem. In practice, it acts as a compliance layer between decentralized networks and legal requirements, using smart contracts to verify and securely share identity data.