Funny Bird NFT Project Review – $FUB Presale (ILO) on Unicrypt

You find detailed analysis and review about Funny Bird NFT $FUB in this article. It contains team, tokenomics and technical evaluations.

They describe themselves:

Funnybirdnft focuses on the field of nft-ip

Token Info

Project name: Funny Bird NFT

Ticker/Symbol: FUB

Contract address: 0x09352617F865965500bC8aF00EC637BeDB9Fb0D4

Token type: BEP-20

Total supply: 1.000.000.000 FUB

Launchpad: Unicrypt Network(PancakeswapV2)


Disclaimer

Presales have some risks. Please DYOR (do your own research)


tokenomics
Liquidity Lock Rate50% BNB raised liquidity lock
time: 6 months
ParticipationNot private
Softcap20 BNB
Hardcap2000 BNB
Min-Max Spend per Accountmax 20 BNB
Presale price50.000 FUB / per BNB
Listing price50.000 FUB / per BNB
Audit
KYC
Startapprox: Sun 6 Jun 04:02 UTC
Endapprox: Wed 9 Jun 13:02 UTC

Note: According to FUB’s website, 35% of total supply will be burned before presale. But when this review has written, tokens haven’t burned yet.

It is good

  • Actually I can’t see a good indicator about Tokenomics

It is not good

  • No KYC
  • No audit
  • Big gap between softcap and hardcap.
  • Hude dev wallet.

About the team

  • Anonymous

From White Paper

FUNNYBIRD focuses on the field of NFT-IP innovation.

Features of FUB:

  • Deflation Mechanism: The platform will be burned and burned through repurchase fees, 20% of quarterly profits will be repurchased and burned, and 50% of the artist’s IP will be burned.
  • NTF Issuance Platform


Tokenomics: For sale+liquidity+fees= 15% of total supply. For now, team holds 85% of total supply. Even if 35% total supply will be burned, team will still hold 50% of total supply. There isn’t locked tokens.

It is stated in the “White Paper” that large portion of these tokens will be used for staking. Even if they’re going to use it like that, it’s not a good indicator for them to hold such a large percentage unlocked.

There is big gap between softcap-hardcap(20 BNB-2000 BNB).This is definitely not good for the liquidity pool.

Softcap is the same amount as the max spend per account (20 BNB). It is possible that 1 person can buy 20 BNB and reached softcap (What if only 1 person buy 20 BNB and nobody else doesn’t 😂 ).

There are really cute bird mascots. They only show interface for NFT studies/products.

Finally,

-Analyse tokenomics thoroughly before investing in Funny Bird NFT.

-Note that the interfaces shown can be easily done through some programs.

Presale ended

45 BNB collected. Reach softcap.success

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