Brahma Token Registry Presale (ILO) Review

Teams, tokenomics and technical reviews about the Brahma Token Registry $BRA project are here.

They describe themselves:

Brahma Network allows you to register tokens on Ethereum Chain or Binance Smart Chain Network. Simply fill forms and pay with BRA. Recieve your newly-created tokens to your wallet.

Launchpad AMM: Uniswap


Disclaimer

Pre-Sale has some risks. Like minting, proxies and developer abandonment. Please DYOR (do your own research)


tokenomics
Liquidity Lock % 60 ETH raised liquidity lock
Lock duration: 11 months
ParticipationOpen to anyone
Softcap10 ETH
Hardcap50 ETH
Max Spend per Account1 ETH
Presale Price10.000 BRA / per ETH
Listing Price10.000 BRA / per ETH
Audit
KYC
StartSun 25 Apr 12:24
EndSun 9 May 12:22

Total supply: 1.000.000 BRA


it is good

  • % 60 ETH raised liquidity
  • 11 months liquidity lock time

it is not good

  • Big dev. wallet
  • No KYC
  • No audit
  • Presale price is same as listing price..

About the team

  • Unicrypt Network doesn’t KYC. But according to their White Paper:

Mr. Aldur Anier is the CEO of Brahma Platform and are building the community as well.
He have been on GANESHA TOKEN and SHIBA TOKEN team and now he is working with Brahma Network.

If Mr. Aldur Anier worked at $SHIB, it is a good career. $SHIB is a successful project.

I did a little research and couldn’t find info about Ganesha Token. If you have info about, please leave a comment.

From White Paper

  • Brahma Network allows you to register tokens on Ethereum Chain or Binance Smart Chain Network. Simply fill forms and pay with BRA. Recieve your newly-created tokens to your wallet.
  • Token Creation on Binance Smart Chain Network  is available for BRA users with many other features as landing page creation and booster elements. 

The presale price is the same as the listing price, so this will reduce the attractiveness of this project’s presale.

Tokenomics: %60 liquidity rate and 11 monts lock time is good. But % 19,6 dev. wallet/other is big rate. Team tokes likely use for marketing and other development. If the project is successful in the presale and is listed on Uniswap, it may experience sudden price drops because of team tokens.

You should know that their projects are only at the idea stage. According to the road maps, they say they will reveal the first product in August 2021.

They aim to establish a platform that can generate tokens without having knowledge of code, by simply filling out a form.

I find it important for the team to explain itself. This is an indication that they have confidence in themselves. The Shiba Token which the CEO previously worked is in a good place right now.

First consider whether the Project can be implemented. then consider whether this project will be in demand.
As a result, is it worth the investment? The decision is yours.

Presale ended.

Hit hardcap. 50 ETH collected. Success

Leave a Reply