NovaChargeX Coin

ncx
Rank #561•
CoinYQ Dossier

NCX put an energy story on Ethereum before the network could be inspected

NovaChargeX already had a clean-energy award when an Ethereum factory created NCX. The token is easy to inspect: 120 million units, no second mint, no remaining owner. The harder part is the product described around it. The public pages promise node authorization and energy records, yet they show no working route from an NCX transfer to a machine, log or software license.

Bitbond minted the entire ledger in one transaction

At Ethereum block 23,740,219 on November 6, 2025, a transaction into the Bitbond Token Tool created NovaChargeX Coin. Its constructor sent all 120,000,000 NCX to one initial owner address. The contract uses 18 decimals and contains no callable path to create another batch.

The present contract owner is the zero address. That closes the owner-only paths for changing its document link, managing fee exclusions, changing reflection lists or invoking its restricted burn function. It does not reveal how the original wallet distributed the supply or place the project’s websites and private licensing decisions under token-holder control.

An energy award supplied the origin story

World Future Awards named NovaChargeX the winner of its 2025 hybrid regenerative clean-energy category and identified Mike Yaqub as founder and CEO. The token portal later used that recognition, patent language and the XDriveMax system as the foundation for NCX. The award confirms that the organizer granted the title; it is not a test of the token or proof that NCX operates energy equipment.

The corporate map changes between the project’s own pages. The token site identifies NovaChargeX–NCX LLC in Delaware. Its current governance and terms assign physical deployments to “NovaChargeX Corp,” while the separate company page calls “NovaChargeX LLC” in California the official company. Patent filings are repeatedly claimed, but the reviewed pages give no application or registration numbers. Those gaps make the legal and technical chain harder to reproduce.

A coin was rewritten as a prepaid software key

The current governance page calls NCX a prepaid access key for software calls, immutable performance logs and node bandwidth. It also says the digital-ledger company is separate from physical installations paid for in fiat. This is a narrower proposition than owning energy assets: NCX is supposed to open a service, not represent the machines.

The published Solidity tells a smaller story. It moves ERC-20 balances and contains configurable token features inherited from a Bitbond template. It has no node registry, energy measurement, license-consumption method or governance vote. The project says participation happens through direct coordination, and its roadmap still places full blockchain verification and enterprise node deployment in future phases. No public client or example transaction links a token payment to the advertised service.

The audit measured the token, not the generator

Coinsult reviewed the contract on December 20, 2025. It reported no mint, pause, blacklist or max-transaction power and 0% transfer, buy and sell fees. Its one pending low-risk finding was concentration at birth: the deployer or initial owner received every unit and could distribute them without community approval.

That report was commissioned by NovaChargeX Coin and says Coinsult did not perform KYC. Its scope was the Solidity at the stated address. It did not validate XDriveMax efficiency, patent ownership, company registrations, deployed nodes or the economic value of an access right. Reading it as a hardware certification would give the audit a job it never claimed.

Exchange access arrived before product evidence

AscendEX announced an NCX/USDT listing on June 26, 2026, with trading scheduled for July 1. Tokpie’s July 4 listing roundup then described an NCX/USDT market, and the project’s homepage now points buyers to Tokpie. These publisher pages establish the listing announcements; they do not establish current liquidity or depth.

Current project documents draw the final boundary: NCX is not equity, debt, profit sharing or a dividend, and physical contracts sit outside the token layer. A holder can verify and transfer an ERC-20 balance. Whether that balance opens a useful energy-network service depends on an off-chain operator and a product that the reviewed public material does not yet let a reader test.

How the project changed

  1. 2025
    The energy system receives an award

    World Future Awards names NovaChargeX the winner of its hybrid regenerative clean-energy category.

  2. 2025-11-06
    The whole NCX supply is created

    A Bitbond Token Tool transaction deploys the Ethereum contract and mints 120,000,000 NCX.

  3. 2025-12-20
    Coinsult audits the contract

    The requested review finds one pending low-risk issue around the initial concentration of supply.

  4. 2026-06-26
    AscendEX announces NCX/USDT

    The exchange announces the exact NCX contract and schedules trading for July 1 at 11:00 UTC.

  5. 2026-07-04
    Tokpie describes a live market

    Tokpie includes NCX in its July listings and points to an NCX/USDT pair.

Evidence and primary sources

Last evidence review: 2026-09-05

What is NovaChargeX Coin?

NovaChargeX Coin (NCX) is a fixed-issuance Ethereum ERC-20 that NovaChargeX–NCX LLC presents as an access key for a clean-energy software network.

What problem does NovaChargeX Coin solve?

NovaChargeX wanted a digital layer for licensing, authorizing nodes and recording performance around its XDriveMax energy story. Public evidence currently shows the token and the descriptions, but not an inspectable operating network joining the two.

How does NovaChargeX Coin work?

The contract transfers a one-time supply of 120,000,000 NCX and cannot mint more. Its owner is now the zero address, so owner-only settings cannot be used. Any enterprise access, node authorization or energy logging must occur in systems outside this ERC-20 and under private coordination described by the project.

Key facts

  • Ethereum contract: 0xf8a6F43cE478aAc1Db99c07661Dfd3aCb5890792.
  • Created at block 23,740,219 on November 6, 2025, 12:23:59 UTC.
  • Supply is 120,000,000 NCX with 18 decimals; the verified contract has no later mint function.
  • Live owner() is the zero address, disabling the contract’s owner-only controls.
  • Coinsult’s December 20, 2025 review found one pending low-risk initial-allocation issue and did not KYC the project.
  • The project calls NCX a prepaid enterprise access key, but no public node, client or token-consumption record was found.
  • Current project documents exclude equity, debt, profit sharing, dividends and claims on physical infrastructure.
  • Official pages call the hardware company both NovaChargeX Corp and NovaChargeX LLC, California.

Official links

Frequently asked questions

Can more NCX be minted?

The verified contract mints only at construction and exposes no later mint function. Live supply is 120,000,000 NCX.

Who controls the token contract now?

The live owner is the zero address, so the listed owner-only functions are no longer callable.

Does NCX run the energy hardware?

The project says NCX authorizes nodes and records data, but those actions are absent from the ERC-20 and no public operating endpoint was found.

Does NCX represent a share in NovaChargeX?

No such right is granted in current project documents; they exclude equity, debt, profit sharing and dividends.

Was the technology independently verified?

A 2025 award recognized the energy-system claim and Coinsult audited the token contract. Neither source demonstrates the advertised token-to-hardware operation.

Which company is responsible?

The token site names NovaChargeX–NCX LLC in Delaware. Its documents refer to a separate hardware company, inconsistently named NovaChargeX Corp and NovaChargeX LLC in California.

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