BMAX is new token on BSC. Let’s examine the project in detail.

BinanceMax will be the first AMM exchange with built-in trading charts and tools

Token Info

Project name: Binance Max

Ticker/Symbol: BMAX

Contract address: 0x7c98dAd92Da81D66c0A2235539DEB76a3f5Ba214

Token type: BEP-20

Total supply: 1.000.000.000.000 BMax

Launchpad: Unicrypt Network(PancakeswapV2)

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tokenomics
Liquidity Lock Rate	90% BNB raised liquidity lock time: 6 months
Participation	Not private
Softcap	200 BNB
Hardcap	750 BNB
Min-Max Spend per Account	max 20 BNB
Presale price	290.000.000 BMax / per BNB
Listing price	217.500.000 BMax / per BNB
Audit	(by solidproof)
KYC	(by solidproof)
Start	approx: Thu 1 Jul 04:52 UTC
End	approx: Wed 14 Jul 04:52 UTC

43,4% of the total supply is unlocked. Some of them will be distributed to private buyers. We don’t know quantity. Rest of them are held by team.

Binance Max made a Private sale round1 and collected 153 BNB. Private Sale round2 is ongoing until 1 july.

Note: Private sale price is cheaper than presale price.

It is good

• 90% raised BNB liquidity lock
• The presale price is cheaper than the listing price.
• KYC
• Audit, check report
  • No critical-high-medium-low-informational issues

It is not good

• Large quantity of tokens were sold on the private sales.

About the team

• The team consist of 6 persons. 3 of them disclosed their identity on website. 3 of them stay anonymous.
• Jun He: Founder and CEO of BMAX. He resides in China.
• 2 of them reside in Nigeria.

From White Paper

BinanceMax is the first AMM exchange with built-in trading charts and tools, that also offer futures and margin trading with up to 100x leverage built on Binance smart chain network.

Features of Binance Max

• A free built-in trading chart and tools
• Decentralized futures up to 100× leverage and margin trading
• Decentralized lending and borrowing platform for leverage trading
• While swapping liquidity comes from farming pools
• 100% owned by the community as contract address ownership gets renounced
• Daily lottery (Each day up to 3 Bmax holders will win 5 to 50 BNB worth of Bmax daily through lottery draws)
• Team tokens are vested for 1 year with an unlocking rate of 10% per month. (Note: Team tokens were not locked at the time of writing this review)

About Tokenomics: It can be said that it has very good tokenomics, except for private sales.

153 BNB was raised in the first round of the private sale. We don’t know how much it collected in 2nd round.

In addition, the token price likely be much cheaper in private sales.

When we look at softcap(200 BNB) and hardcap(750 BNB), we see that the rate of tokens sold in private sale(153 BNB so far) is high.

#BMAX : When we look at softcap(200 BNB) and hardcap(750 BNB), we see that the rate of tokens sold in private sale(153 BNB so far) is high.

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Private buyers can negatively affect the price by selling immediately after listing.

On the other hand, if team use effectively this fund for marketing, price chart can be good.

One person from the team lives in China and 2 people live in Nigeria.

The main idea of BMAX is interesting. I think they’re trying to do too much.

It can be a long-term investment if you believe the team can bring the project to life.