Bnb hero token is less than two months old and it is doing crazy numbers in the market. I have known about the Bnb hero token for some time but I didn’t have enough motivation to do a review. I have Bnb hero token time today. This review seeks to find out if the Bnb hero token is legitimate or whether the Bnb hero token is another scam waiting to happen.
If you intend to invest in Bnb hero token, or maybe you are just curious to know more about Bnb hero token, this review is for you. I have broken down the seemingly complicated crypto stuff into simple clear English. All you need to do is pay attention.
Before we head into reviewing Bnb Hero Token, you and I need to establish an understanding.
“I’m not a banker or a financial expert. I will not be held responsible for your financial decision. This article is just a guide and nothing more, take it as a form of entertainment.”
Bnb Hero Token Website
Our first point of call (review) is Bnb Hero’s Website. The first thing I noticed about Bnb Hero’s website is the fact that it is not optimized for mobile devices. The white space makes the website look amateurish and unprofessional.
Bnb heroes’ website has an SSL certificate, which is always a good thing to see. In my opinion, bnb hero’s website’s design is basic. It looks clustered as fuck and the colors seem to be clashing. The website is hard to look at. The description begins with a simple yet catchy headline.
“First Play-to- EarnNFT game which rewards players in BNB”
I like the headline. It’s simple, direct, and catchy.
The website went further to explain what BBN Hero is. According to the website;
“BNB HEROES is an Oracle-based NFT collectible card game that focuses on game economy, expansion, and sustainability. We plan to make this game durable and -reliable for many players to earn BNB directly while playing. Our team is dedicated to delivering a simple, fun, accessible, sustainable and profitable game for all our gamers!”
The seemingly difficult to understand phrase in the above quote is “Oracle-based NFT collectible card game”. Let’s attempt to break them down.
Oracle is a product from Oracle Corporation, that provides a relational database management system.
It is scalable and secure and has a high-performance ability.
So, when they say Bnb Hero token is ‘oracle based’, don’t get confused. It only means the game is hosted in the Oracle database infrastructure. Moving on.
“Nft collectible card game”
A collectible card game (CCG), can also be called a trading card game (TCG). It is a type of card game that combines trading cards with tactical deck building.
A player may begin playing a TCG with a default starter deck, and then progressively customize their deck with a random assortment of cards acquired through booster packs, or from trading with other players, building up their library of cards. These cards are minted NFTs.
Bnb hero game is available for playing. This is good. Because many tokens out there just claim to be ‘nft and metaverse’ then demand investors investment.
Bnb hero token has a 12% tax (slippage) is charged upon every buys on the Bnb hero token ecosystem. This is how the buy slippage is broken down. 11% is sent to the bnb reward wallet. While 1% is sent to the liquidity pool wallet. The sell is slippage is a little different. Bnb hero token charges investors 15 tax (slippage)upon every sell on the bnb hero ecosystem. 13% goes to the reward wallet, while 2% goes to the liquidity pool.
In my opinion, these taxes are a little high.
However, when you click the tokenomics button on the website. It takes you to a gitbook website.
On that website, you’d see how the total supply was distributed. I want to point to an inconsistency in the ‘buy and sell’ slippage. On the website, as we have analyzed earlier the buy slippage is 12%, whilst the sell is 15%. But on that gitbook page, buy and sell is 12% each.
Anti whale mechanism
Bnb Hero token claims it has an anti whale mechanism that protects smallholders of the token from attacks and exploitation from large whale movements. With the max buy and max sell set at 200,000 BNBH. We will verify this in the coming paragraph.
Bnb hero token has been audited by techrate. However, the audit did not include the liquidity lock, the contract contains owner privileges. The means that owners of bnb heroes token have full control of the token (make of that what you want)
In my opinion, a full audit wasn’t carried out, I find that dangerous. The contract is not fully audited. It is however, undertaking a certik audit.
Bnb heroes’ White Paper
Unfortunately, Bnb heroes token does not appear to have a white paper. I find this sad and uncomfortable. For a token this big, a white paper ought to have been prepared. If you are a conservative person like me, this is a red flag.
Market Cap and liquidity Pool
Bnb heroes token’s current market cap is a shockingly good $365, 345, 104. For a token that was launched less than two months ago. Bnb heroes sure do have a lot of investors.
The liquidity pool is currently valued north of $11.5 million. 91% of Bnb heroes liquidity is locked in Pinksale. I could do not determine the time frame of the liquidity lock.
Unsurprisingly bnb heroes token have a total of 111, 472 holders. That’s a crazy number of investors and delivers in the Bnb heroes project. This is a green flag for the token. However, I noticed there are whales in the bnb heroes ecosystem. Remember the developers claim to have an anti whale mechanism. That isn’t the case. The top 4 owners of bnb heroes token own about 30% of the entire supply. This makes it easy for this select group to manipulate the price of Bnb heroes token.
Developers of Bnb heroes Token
The developers behind Bnb heroes token listed unverifiable names and cartoon representation on its website, as the “doxxed” team. Being doxxed means you have verifiable names and social media accounts. Being doxxed means the team has a verifiable track records. I searched through google to track these names, and there was nothing to track. This means that the developers behind Bnb heroes are using pseudonyms. I find this deceptive.
What investors are saying about Bnb heroes token
On their Twitter account, I noticed their engagement is filled with spammers, so I couldn’t honestly draw any reasonable opinion from there.
On YouTube through theApeCoach’s channel, I was able to get comments from players of the game. Many of them seem to be enjoying the gameplay. While some had issues investing in the game.
The Bnb heroes game is live, which is brilliant. Asides from it being live, seemingly enjoyable, and making it large investors a ton of profit, there’s nothing positive about the token. The owners of the project are unknown. The liquidity lock time frame was not made public, even to its auditors. The token doesn’t have white paper. There are whales in the system, even as the token claims to have an anti whale mechanism. The red flags are crazy. If you decide to invest in Bnb heroes token, make sure you know the time frame of the liquidity lock.
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