Ethereum
The programmable money thesis is validated. Largest smart contract ecosystem, successful PoS migration, and EVM as the de facto standard — but faces L1 fee pressure from rollups.
Pillar Breakdown
VC Due Diligence Summary
Detailed Scoring — 24 Sub-Criteria
Every score is deterministic. Same inputs = same output. No opinion, no bias.
Problem & Market
Programmable money / world computer thesis
All DeFi + NFT + tokenization built on top
Category creator, 9+ years of ecosystem
SOL, AVAX, etc. competing for DeFi share
Product & Traction
Mainnet since 2015, PoS transition complete
~1.1M daily txns, $50B+ DeFi TVL, dominant smart contract chain
L2 ecosystem exploding, ETF inflows growing
Largest DeFi + NFT + L2 ecosystem by far
Team & Execution
Vitalik fully public, EF well-known
Shipped Merge, largest upgrade in crypto history
Slower than rivals, but ships major upgrades
Thousands of core + ecosystem devs
Tokenomics & Treasury
Post-Merge deflationary when usage high, mild inflation when low
ICO had insider share, but 9+ years of redistribution
No team unlocks, staking withdrawals live
EF treasury well-managed
Technology & Moat
EVM standard, largest smart contract platform
Fully open source, multi-client architecture
PoS secure, but DeFi exploits frequent on L1
EVM compatibility, dev tooling, composability
Risk & Governance
ETF approved, staking classification unclear
Lido dominance in staking, MEV concerns
Complex DeFi surface area
No major legal threats to protocol itself
The Anny Confidence Score is for educational and informational purposes only — not financial advice and not investment advice. Past performance does not indicate future results. Scores reflect project fundamentals at the time of assessment and may become stale as conditions change. Anny is an AI-powered analytics platform, not a registered investment adviser. Crypto assets are volatile and you can lose your entire investment. Always do your own research before making any investment decisions.
Campinas, SP, Brazil
CNPJ: 13.234.093/0001-60