1exchange

The project '1exchange' (1x.exchange) is a legitimate, MAS-regulated private securities exchange in Singapore, backed by the Singapore Exchange (SGX) and CapBridge. It allows for the tokenization and trading of private equity on the Ethereum blockchain. However, the submission itself is of extremely low quality, containing false claims (e.g., 'most people have used my product', 'everyone' as audience) and missing critical data (revenue, active users). The score reflects the high underlying real-world utility and verified regulatory status of the platform, significantly penalized by the lack of credible evidence provided in the submission and the false traction claims.