How to Inspect $CGPT On-Chain

Understanding how to take a look at the public ledger recordings all of the $CGPT token activity.

Even though transparency, auditability, and accountability are noble motives/primitives in the context of digital assets; there are currently technical hurdles that make is difficult/confusing to understand how to take full, proper advantage of these primitives.

For those of us that do not use a CLI to interact with blockchains, tools have been built that allow us to inspect on-chain activity without having to understand how to code.

Enter, explorers.

Explorers are exactly what their names imply, software that give its user a chance to inspect what activity is happening on a blockchain.

There are two general types of explorers, universal and dedicated. Universal explorers are applicable to multiple networks and usually only provide very basic high-level information. Dedicated explorers, on the other hand, are created each for their own blockchain. They provide a breadth of data points from transaction times to transaction types, well-labeled addresses, holder counts, code breakdowns, analytics, and more.

So lets use a dedicated explorer to take a peek under the economic hood of the $CGPT tokens and build a basic understanding of the transaction flows.

Originating on BSC (Binance Smart Chain), also called BNBchain, $CGPT is a BEP-20 standard digital asset that exists under the official contract address of: 0x9840652DC04fb9db2C43853633f0F62BE6f00f98

To dive on-chain, we recommend using BSCscan.com; the trusted explorer for all things within the BSC/BNB ecosystem.

First — Starting

Head over to BSCscan.com

Second — Finding $CGPT

As soon as you arrive on the homepage of BSCscan, navigate to the search bar and search for the $CGPT token.

There are two ways to do so, either search term or search contract.

Searching for the term, “CGPT” or “ChainGPT” you should be able to easily find the contract. However, be advised, that sometimes there are dishonest actors that are creating replicas of projects that might slip under the radar of an Explorer and show duplicates of CGPT.

Therefore, in order to avoid confusion, maintain maximal certainty that you are interacting with the correct project, and guarantee accuracy of information, it is best practice to plug in the $CGPT token’s contract address: 0x9840652DC04fb9db2C43853633f0F62BE6f00f98

Third — The Basics

Once you locate $CGPT token, (which should be identified by the Logo, website {chaingpt.org}, and the contract address) click on it and it will take you the following page on BSCscan’s website: https://bscscan.com/token/0x9840652dc04fb9db2c43853633f0f62be6f00f98

Immediately upon arriving a multitude of data will flood your dashboard. Let's quickly gloss over them to make sure we understand them properly:

👈 Left-hand side “Overview Section”

Max Total Supply — the hard-coded limitation on the $CGPT token’s supply. This number represents the maximum/final amount of $CGPT that will ever exist.

Holders — How many unique on-chain addresses are currently holding the $CGPT token. This metric is accompanied by a tiny chart that tracks the last 14 days of token holder count.

Total Transfers — Updated every few hours, this measure how many interactions/how many times the $CGPT token has been actually utilized on-chain. This is a number that can (should) always be growing. Stalling in transfer amount would be the same as holding your breath, on-chain activity is the leading indicator of a token’s liveliness.

👇 Middle “Market”

Price — The current market value of each unit of $CGPT

Fully Diluted Market Cap — The current price of $CGPT tokens multiplied by the Max total supply. Measure of the project’s valuation if all the supply was on the market.

Circulating Market Cap — The measure of a project’s current valuations based on the current price of $CGPT tokens multiplied by the current amount on the market.

👉 Right-hand side “Other Info”

Contract Address — The official on-chain identifier of the smart contract that deployed the $CGPT token.

Fourth — The Information

Scrolling down, you will notice the line with 7 tabs to toggle “Transfers”, “Holders”, “Info”, “Dex Trades”, “Contract”, “Analytics” and “Comments”.

Transfers — a list of all transaction activity that takes place with the $CGPT token. You will find the Txn (transaction) hash, the Method (the kind of transfer function), the Age of the transaction (when it took place), the From and To (addresses involved in a given transaction) and the quantity of tokens per transaction.

You can click on any of the blue elements to dive in deeper. Selecting any Txn Hash links you will be taken to a page that details each individual transactions with extreme granularity. Here you will find details of each transactions including the block heights, transfer routes, transaction fees, gas prices, transaction burns, and the such.

Holders — a detailed breakdown of what addresses are holding the $CGPT token including the amount they hold, the address type (EOA or Smart Contract), the percentage of the supply, and an analytics that tracks the address balance over the course of time.

If you prefer a visual breakdown, there is a “Token Holder Chart” option in the top right, below the holder tab. Clicking that will take you to another page that will present the holder details in a pie chart form.

These pie charts can be adjusted to range from the top 3 to the top 500 holders. (Drop down button on the top left with the label “Range”).

Info — Basic information that provides an brief outline about what the $CGPT token/project is and current market data including the daily (24 hour) volume, the Market Capitalization, and the circulating supply of tokens.

Dex Trades — a list of all swaps (buys/sells) that take place with the $CGPT token on decentralized exchange venues. As in the case with the transfers, you will see the Txn hash, Age, Action, Token Amout (In and Out), the Swapped Rate, the Txn Value, and which DEX the trade took place on.

In the token amount’s, the (Out) refers to what the trader acquired and the (In) refers to what they got rid of. So if a transaction has 3,000 CGPT (out) for 119 BUSD (in) that means the trader bought 3,000 $CGPT tokens for $119 BUSD.

Hovering over the DEX icons will show you what version/venue facilitated the transaction. If there is no image, you can click on the associated transaction to review it deeper.

This page will only display the last 25 trades, scrolling down you will see a “View All” option, that will take you to a much more detailed web page that will allow you to breakdown DEX trades with a visual pie chart and inspect older transactions.

Contract — The code of the smart contract used to deploy the $CGPT token.

CGPT token smart contract code — BSCscan.com

Here you will be able to dive into the logical components of the token’s programming. You can find the contract creation code, the bytecode source map, audits, contract ABI, and a multitude of other pieces of information that relate to the deployed contract.

Analytics — A visual representation of the $CGPT token’s trail of activities.

Here you will be able to find information including the daily transfer amounts, transfer counts, unique receivers, unique senders and the total uniques.

Comments — A section where conversational threads can be brought on directly in the BSCscan website interface. This section is rarely (if ever used), but does exist for purposes of formality.

The world of on-chain information is constantly growing, changing, and improving. ChainGPT is increasing its on-chain footprint every day that goes by. Using an explorer to assess it’s activity is priceless.

In this game;
its Get ahead,
or Get left behind.

Stay ahead by using BSCscan to inspect the $CGPT token.

If you have any questions or need guidance in your on-chain exploration of ChainGPT token, please do not hesitate to reach out to the team or community members in our Discord and Telegram groups!

General Resources:
🌐 Website | 📧 Contact | 🤖 Brand | 📃 Whitepaper

source: https://www.chaingpt.org/blog/how-to-inspect-cgpt-on-chain