ChangeNOW Token (NOW): D-Score 49/100 — Moderately Decentralized BlockIndex D-Score: 49/100 (Moderately Decentralized). ChangeNOW Token (NOW) is a Layer 2 cryptocurrency using Other consensus. ChangeNOW Token (NOW): Multi-chain ERC-20 utility token powering ChangeNOW exchange with staking, fee discounts, and liquidity incentives. Source: https://blockindex.ai/coin/now · Data by BlockIndex.AI · Updated 2026-06-19 D-Score breakdown (0-100, higher means more decentralized) Component: Score: Overall D-Score: 49: Node distribution: 0: Initial distribution: 25: Governance: 11: Age and history: 13: Autonomy: 0: Key facts - Layer: Layer 2 - Consensus: Other (N/A) - Launch: Other (2019) - Founder: Not specified - VC funded: Yes - Max supply: 200,000,000 - Circulating: 84,803,670 (42.4%) Market data (as of 2026-06-19) - Price: $0.34 - Market cap: $28.83M - 24h volume: $0 - 24h change: -2.11% · 7d change: -0.94% About ChangeNOW Token (NOW) is the native utility token associated with the ChangeNOW instant exchange platform. Introduced as a multi-chain asset with primary representation as an ERC-20 token on Ethereum (and historical BEP2 representation on Binance Chain), NOW functions primarily as a platform utility used for listing fee payments, staking for rewards and fee discounts, and as an incentive for liquidity providers across AMM pools. The project's materials emphasize cross-chain availability and practical product integration into the ChangeNOW ecosystem rather than independent blockchain infrastructure. The most notable early supply-management event in the token's history is a documented 50% burn of the Ethereum emission on April 23, 2019, coincident with issuance on the Binance mainnet. That event, together with subsequent exchange listings and liquidity additions, forms the core of NOW's public track record. Technically, NOW is an ERC-20 smart contract (contract excerpt provided in the sources) and therefore inherits settlement, consensus, and security from its parent chains rather than operating its own consensus or validator network. The project has published guidance for token holders around multi-chain representations and migrations (for example migration guidance for BEP2 → BEP20/BSC when chain transitions occurred). There is no evidence in the provided materials of a dedicated smart-contract upgrade history, on-chain governance mechanisms, or a publicly available comprehensive repository that would indicate complete open-source development visibility; the source materials reference audits and claims about the contract but do not include a canonical GitHub link. From an economic standpoint, NOW has a fixed maximum supply of 200,000,000 tokens. The data provided lists a total supply close to that cap (circulating supply 84,803,670 NOW, which represents approximately 42.401835% of the max) and documents a material deflationary action (the 50% burn in April 2019) that materially affected available supply. The project has allocation lines referenced in the scraped content (reserve, development fund, advisors, marketing, airdrops, team bonuses and private investor allocations), which indicate it was not a pure fair launch. The ChangeNOW platform uses NOW within product flows—staking is employed to grant fee discounts and other benefits—and the token has been made available across a mix of centralized and decentralized venues to improve access and liquidity. Governance and organizational control appear centralized under the ChangeNOW platform. The extracted DScore-oriented fields indicate the token is company-backed and not DAO-governed: allocations and a named “development fund” imply company control of reserve funds, and the token documentation does not describe on-chain DAO voting mechanisms. The documentation does reference private investor allocations (10% private investors in the allocation text), which the DScore extractor interpreted as VC/private funding. No named CEO or executive leadership was present in the supplied extracts. Development-forward metrics such as active roadmap items, ongoing protocol upgrades, or formal treasury governance structures were not provided in the inputs, although the project’s active utility for staking and listing fees and the presence of liquidity on Uniswap indicate product-level activity. The project’s ecosystem footprint includes listings on multiple CEX venues and at least one major DEX liquidity pool, tracking on data aggregators (CoinMarketCap, CryptoCompare) and references in block-explorer aggregators. Services referenced in the inputs include Chainz/Cryptoid indexing, CoinMarketCap and CryptoCompare analytics, Uniswap liquidity pools, and historical listings on IDEX and Binance DEX. Wallet support in the verified extracts includes desktop and browser-extension wallets that support ERC-20 tokens (examples in the scraped inputs include myetherwallet and a browser extension entry). Security-wise, no exploits or major incidents are recorded in the provided materials. For investment or operational decisions, the documentation recommends consulting live on-chain contract data (Etherscan), current exchange listings, and official ChangeNOW disclosures to validate contract addresses, holder distributions and current token economics. Links - Website: https://changenow.io/ - Whitepaper: N/A - GitHub: N/A --- About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore