The InSoBlokAI ICO funds INSO, a token for a described SocialFi platform merging Web3, real-world-asset tokenization, and artificial intelligence to empower fashion influencers. This review must flag directly two specific, concrete concerns: promotional materials using notably aggressive hype language ("the next crypto giant you can't afford to miss"), and a separately-tracked INSO contract that ApeSpace confirms carries a 0% buy tax alongside a 100% sell tax, an effectively unsellable token structure. This review documents the sale, its stated technology, and these specific red flags.
InSoBlokAI's flagship product, CloseChain, is described as the world's first blockchain and AI platform tailored for global fashion influencers, aiming to disrupt the $1.7 trillion fashion industry. The project's presale ran 7 November 2024 to 7 January 2025, offering 3.5 billion of the 10 billion total token supply (35%) at prices ranging from $0.002 to $1 USDT depending on stage, targeting a $7 million fundraising goal. The project describes a "Cognitive Compute Engine" and a "Proof of AI Contribution" consensus mechanism within its own Layer 1 blockchain ambitions.
This review found specific, unusually aggressive promotional framing worth flagging directly: contemporaneous coverage explicitly states "InSoBlok's ICO is currently in its presale phase... Get in now, or risk missing out on the next industry-shaking wave," alongside claims the project will "not only disrupt the influencer space but also the entire fashion industry." This level of superlative, urgency-driven language exceeds typical presale marketing.
This review found a directly quotable, concrete security concern: ApeSpace's tracker for an INSO contract (address 0x8d0ae3906bbe8cd6c60b75907eb72430867c0999) explicitly states the token "has a 0% tax on any buys and a 100% tax on any sells," meaning holders of this specific contract cannot sell their tokens at all, an effective honeypot structure. Researchers should verify carefully whether this is the same contract referenced by this catalogue's presale or a separate, potentially fraudulent lookalike, since Top100Token separately lists a different INSO contract address on BSC.
InSoBlokAI's fashion-influencer SocialFi concept is specific and differentiated, but the notably aggressive promotional language, combined with a directly-confirmed 100% sell-tax structure on at least one associated INSO contract, are serious, concrete concerns. Given multiple different contract addresses appear across trackers for tokens using the INSO name, extreme care in verifying the exact, correct contract is essential.
Multiple different INSO contract addresses exist across trackers, with at least one (0x8d0ae390...) confirmed by ApeSpace to have a 100% sell tax. Never interact with any INSO contract without first independently verifying via a tool like ApeSpace or GoPlus that buy and sell taxes are reasonable and that selling is actually possible.
Current CloseChain platform development should be confirmed directly at insoblokai.io, cross-checked against ApeSpace before any transaction. For a comparison against another influencer-or-fashion-focused presale, browse the Rivalz Network presale review, or see the Thravos ICO for another sports-and-influencer RWA presale.
Treat the following as mandatory checks: at least one tracked INSO contract is confirmed by ApeSpace to carry a 100% sell tax, meaning tokens cannot be sold, an effective honeypot structure that must be checked against the correct official contract before any transaction; the project's promotional materials use notably aggressive, urgency-driven "don't miss out" language exceeding typical presale marketing; and multiple different contract addresses exist across trackers for INSO-named tokens, requiring careful verification of which is official. Never purchase or hold any INSO token without first independently verifying buy/sell tax rates directly via a contract-scanning tool.
For related research, see Solv token sale.
See also the Tiga coin project analysis for further comparison.
100% sell tax: a smart contract configuration effectively preventing token holders from ever selling, commonly associated with honeypot scams. Cognitive Compute Engine (CCE): InSoBlokAI's described AI-driven computational layer within its stated Layer 1 blockchain. Proof of AI Contribution (PoAC): a described consensus mechanism rewarding participants for AI computations, distinct from traditional Proof of Work or Proof of Stake.
This content is for informational purposes only and documents a specific, independently confirmed contract tax structure. This is not investment advice. Verify contract tax rates directly before any transaction.