Teams, tokenomics and technical reviews about the BelaAqua Project $Aqua project ILO/IDO are in this article.

They describe themselves:

The Aqua token is a deflationary auto-liquidity token built on Binance Smart Chain. Powered by the Bela organisation and team.

Launchpad AMM: PancakeswapV2

Contract address: 0x9Fb677928dd244beFCD0BbEbdF6068dD4BEF559C

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tokenomics
Liquidity Lock Rate	50% BNB raised liquidity lock time: 265 years
Participation	Open to anyone
Softcap	100 BNB
Hardcap	400 BNB
Max Spend per Account	5 BNB
Presale Price	830.000.000.000 Aqua / per BNB
Listing Price	747.000.000.000 Aqua / per BNB
Audit
KYC
Start	Thu 13 May 16:49
End	Thu 20 May 11:48

Total supply: 1.000.000.000.000.000 Aqua

it is good

• 265 years liquidity lock time
• Listing price is higher than presale price
• Audit

it is not good

• No KYC

About the team

• Anonymous but they are “the Bela organisation and team”. They have created $BelaXi token(check it). Their second project is BelaAqua. This is good information for team. You can check the BelaXi’s performance. Also you should look at what did team do for BelaXi. Did they keep promise? What about roadmap about BelaXi? Note: BelaXi launched 9 May, 2021. it is too hot.

From White Paper

There isn’t White Paper. According to web site:

• Deflationary
• Hold & Earn

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The website is very insufficient in terms of information. For example, I could not see the Transaction fee rate. Likewise, I could not see how to use this transaction fee. There is not enough information.

50% of total supply has been burned. So team have 1,5% total supply. It is very low rate. It seems that the team chose to take 50% raised BNBs instead of hold tokens. Which would be better, you decide?

BelaXi: There are 221 holders, for now. It has good price chart for 3 days token. But still early to right comment.

I do not find it right to have such a big difference between softcap(100 BNB) and hardcap(400 BNB). If it reaches softcap and fails to collect more, it may experience sudden price drops.

They also say that in TG groups they created BelaAqua to raise funds. They state that they will use these funds for BelaXi and BelaAqua.