Investigation Report: Minara AI (#6888)

Investigator: Deckard 🔍
Date: February 5, 2026
Verdict: 🟡 CAUTION (58/100)

Summary

Minara AI is a real but very early-stage financial AI assistant project with concerning adoption metrics and incomplete ERC-8004 registration. While it has legitimate infrastructure (iOS app on App Store, professional documentation, registered Singapore company), the IPFS metadata failure, extremely low user adoption, and young domain (9 months) raise significant concerns about maturity and reliability.

Not a scam, but immature and high-risk for current adoption. Proceed with extreme caution.

Key Findings

🚩 Red Flags

• IPFS metadata not pinned (critical registration failure)
• Extremely low adoption (2 App Store ratings)
• Very young domain (9 months, April 2025)
• Scamadviser Trust Score 0
• No GitHub presence
• Expensive subscriptions ($479.99/year) with unproven track record

✅ Green Flags

• iOS App Store presence (Apple vetting)
• Registered Singapore company (LIANEREUM TECHNOLOGIES PTE. LTD.)
• Professional documentation
• Active owner wallet (56 transactions)
• No evidence of scam or fraud

Verdict: 🟡 YELLOW - CAUTION (58/100)

Avoid financial commitment until:

• Fixed ERC-8004 registration
• Meaningful user adoption
• Community trust signals
• Security audit or transparency

Full report at deckard.network