- BlockchainFX presale raises $10-12 million, no founder disclosures.
- Presale price $0.03; launch set at $0.05 per BFX.
- No impact on AVAX, ADA; limited primary source evidence.
BlockchainFX’s presale values its BFX token at approximately $0.03 and projects a launch price of $0.05, aiming for a significant impact in the cryptocurrency market.
BlockchainFX’s lack of transparency raises concerns despite its ambitious goals; no verifiable shifts seen in AVAX or ADA due to BFX’s speculated market potential.
The BlockchainFX presale has reportedly raised between $10 million and $12 million. The presale price is set at $0.03 per BFX, with a projected launch price of $0.05, yet founder details remain undisclosed.
Involving the BlockchainFX project, the presale is notable for its lack of identified leadership. The website markets itself as a “decentralized multi-asset exchange” but offers no founder transparency.
The presale’s impact on cryptocurrency markets, including ETH and AVAX, remains minimal. BlockchainFX’s claims of upside potential against AVAX and ADA are unverified through primary sources.
Financial implications include a $175 million implied FDV at launch. However, institutional involvement or regulatory acknowledgements are absent, potentially affecting market trust.
“While we are excited about our project, we believe that maintaining a level of anonymity protects the community and ourselves equally,” – from the team’s official communication channels.
While the BFX token aims to be a super app, the absence of transparency might impact its adoption. Other trading platforms with revenue shares, like BNB and DYDX, offer comparable structures.
Further scrutiny may arise on regulatory fronts. Speculation exists without supporting on-chain metrics or recognized KOL endorsements, underscoring the importance of data for sustained credibility.
