1EyeChain Presale Closes Soon Amid Unresolved Questions
The 1EyeChain presale is currently underway, with the public sale window set to close on 15 October 2026. The project markets itself as an AI-enabled blockchain, although its 1EYE token operates on the BNB Smart Chain. A recent announcement from 1EyeChain Labs hints at an upcoming real-world asset (RWA) project, adding another layer of complexity to the initiative.
1EyeChain aims to build an AI-enabled Layer 1 blockchain, featuring four layers: transactions, trust, intelligence, and cross-chain connectivity. The intelligence layer is designed to monitor network activity and detect anomalies. The project proposes a unique consensus model called Proof of Economy, which rewards beneficial network activity rather than computational power. However, there is no public evidence of a live mainnet, and the whitepaper indicates that testnet development is still in a future phase.
The presale details reveal that 200 million 1EYE tokens, or 20% of the total supply, are up for sale at a current price of $0.0600 per token. The fundraising goal is set at $12 million, with the sale accepting payments in USDT or USDC on the BNB Smart Chain. Despite the extensive presale information, there is no data on the number of tokens sold or funds raised, nor are there any disclosed soft or hard caps or per-wallet limits. The presale also offers a 20% instant referral reward in USDT.
Tokenomics present a notable inconsistency, with the website and whitepaper providing different allocations for the 1 billion total supply of 1EYE tokens. The website allocates 40% to the treasury, while the whitepaper assigns only 10%. Additionally, the whitepaper includes a 25% ecosystem pool, which is absent from the website. The lack of a published vesting or claim schedule for the presale raises concerns about future selling pressure. The project also claims asset backing through an Alexandrite gemstone reserve, although independent verification of this claim is lacking.
The project's roadmap is outdated, with planned milestones such as a smart-contract audit for Q1 2026 and token launch for Q2 2026. As of now, the presale remains open, and there is no confirmed trading venue for 1EYE. The whitepaper's phases are undated, creating further ambiguity. Coinstore is mentioned as a potential exchange, but no official confirmation of a live listing has been found. The recent teaser about an RWA project from 1EyeChain Labs adds another layer of uncertainty.
Investors should be cautious about several risks, including conflicting documentation, unverified audits, and unconfirmed exchange listings. The backing claim of the Alexandrite reserve also lacks independent proof. Before participating in the presale, it is advisable to verify the contract on a blockchain explorer, confirm the final tokenomics version, seek a vesting schedule, and look for a named audit report.