Bion

$BION

I believe that Bion has a promising concept with potential good revenue streams to sustain the business. However I have some reservations. My gut feeling is that the platform might be ahead of its time in terms of execution and adoption therefore making it hard to attract a real significant user base. Additionally, I am very concerned about their tokenomics. After the TGE, there could be a substantial amount of selling pressure on the token after only 6 months from looking at the vesting schedule. If the token price were to suffer a significant decline, it could negatively impact the platform.

Another critical factor for the success of the app depends on the brands they have onboarded. Unfortunately, there is limited information available about their current brand partnerships. Given the lack of significant advertising, it's possible that they haven't onboarded many well-known brands yet.

On a positive note, their app appears to be well-designed, although there is room for improvement in terms of branding in my opinion. And the concept addresses gaps in the web2 market, which is promising for its long-term potential. Show Less

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