CapCheck
Sample report. Parcel is a fictional project used to show what a CapCheck report looks like.
P

Parcel (sample)

$PRCL

A courier marketplace where senders pay delivery fees in $PRCL and couriers stake it to take jobs.

B

Mostly real

64/100

Parcel has a real, usable product and the token is wired into payments, which is more than most. But traction is overstated by two orders of magnitude, courier staking isn't live, and the audit claim doesn't hold up.

3

Verified

1

Planned

2

Unproven

1

Cap

How the grade was built

  • Working product4/5 · 25%

    A working courier marketplace that a visitor can use end to end.

  • Token does something4/5 · 25%

    Every delivery fee settles in $PRCL on-chain; card payments are swapped into $PRCL at checkout.

  • Real usage2/5 · 20%

    On-chain fee activity shows real but modest usage, far below the advertised numbers.

  • Checkable claims4/5 · 15%

    Matching engine is open source and fee flows are visible on-chain.

  • Shipped vs. promised4/5 · 15%

    The app, payments and matching engine shipped; staking and the bridge are still pending.

Claims tested

  • CapTech

    The smart contracts were audited by a top security firm.

    No report is linked, and the named firm's public audit list does not include the project.

  • VerifiedProduct

    The courier app is live and accepts delivery requests.

    The web app loads, lets a visitor create a delivery quote, and links to a working courier sign-up flow.

  • VerifiedToken utility

    Delivery fees are paid in $PRCL.

    The checkout shows a $PRCL payment option, and the fee program's transactions are visible on-chain.

  • VerifiedTech

    Open-source courier matching engine.

    The repository is public, has steady commits over the last month and matches the documented matching logic.

  • UnprovenToken utility

    Couriers must stake $PRCL to accept jobs.

    Docs describe staking tiers, but the courier flow we could reach never asked for a stake.

  • UnprovenUsage

    Over 40,000 monthly active users.

    The figure appears only on the homepage. On-chain fee transactions suggest a few hundred weekly users.

  • PlannedRoadmap

    A cross-chain bridge is coming in Q3.

    Listed on the roadmap as in development; no code or docs exist for it yet.

Red flags

  • ●The advertised audit could not be found on the auditor's public list.
  • ●User numbers on the homepage are roughly 100× what on-chain activity supports.

On-chain & market

DexScreener ↗
Mint authority
Revoked
Freeze authority
Revoked
Top 10 holders
31.4%
Market cap
$12.30M
Liquidity
$840.0K
24h volume
$1.25M

Safety facts are shown for context and don't change the utility grade. Top holders include pool and bonding-curve accounts.

Public code

Scanned 2026-10-16 12:00 UTC · 2 declared links · standard rubric

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