Reviews

#Tokenomics

Max supply is 10B tokens

  • 2.2B tokens were sold in private round (sequoia capital, etc.) fully vested by month 28 (a little over 2 years) raised $3.9M: 22% of total supply => $0.00177 per tokens. (by the time the IDO occurs those investors will have converted $3.9M into $15.4M in 2 years.
  • 500M tokens will be sold in public round opening in 2 days @ $0.007 on a 6 months vesting: 5% of total... More
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#Team

Finblox consists of two core team members as well as a team of around 60 additional team members.

The Co-Founder and CEO is Peter Hoang. Peter previously Co-founded Gotrade, a zero-commission stock trading app backed by Y Combinator. He is also currently the co-Founder and CEO of Stealth Startup. He has a strong background in investing and tech.

Dmitriy Paunin (co-Founder and CTO) was the... More

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#On-Chain Activity

Overall, while there are some potential advantages such as recent listing and the potential for future growth, the token also faces challenges such as low market cap, price volatility, and limited trading volume. I should carefully advice to evaluate the token's fundamentals and market conditions before considering any investment.

Price info Based on the available information, the token's market... More

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#Marketing

Big ideas require big bucks, lots of planning and well designed execution, when i look at finblox i seem to have mixed feelings.

Story:

Great story with catchy promises built for masses that seem to be too sweet to be true, and yet historic facts, statistics show anything remotely close to offering, or rather promising 100X in return has always been the road to rabbit hole, but what is the... More

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#Marketing

The marketing for Finblox seems to aimed at newbie traders / gamblers rather than serious investing/trading professionals. I get this immediate impression from the banner at the top of their website which states ‘trade and earn up to 100x in rewards’.

Lets be honest this type of user is one of the easiest minds to penetrate in the marketing world, they are incentivized by money and greed which... More

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#Idea

More and more WEB 3 companies are developing one stop solutions making it easier for their target audiences to tap into the promiseland of cryptoverse.

Finblox ain`t an exception.

From the surface the idea looks compelling, deposit your money into our platform to ensure passive income (mutual fund but in WEB 3 kind of approach, at least based on my understanding)

Finblox is a crypto... More

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#Team

VCs invest in teams, not ideas, great teams make things happen, any silly idea in the hands of great teams is destined to skyrocket, the recent case with pepe memcoin is an obvious example.

Finblox is about 2 protagonists whose skills complement one another with unique backgrounds that I admire, at least based on description on their website and their socials.

Peter Hoang YC combinator... More

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#Micro Review

Since the fall out of FTX simply entrusting funds to third party platforms despite promising insurances including FireBlocks, thus giving birth one of the most iconic statements.

"not your keys, not your crypto"

Finblox is offering a platform backed and supported by prominent players in the industry with a mission to deliver a passive income to anyone interested in getting richer, faster,... More

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#Micro Review

First and foremost, what really captivated my attention to this project is that Finblox offers passive rewards through daily compounding interest and users may even earn stablecoins or other assets paid for them daily. With platforms like this, we are always curious about its backers and investors - and we've noticed that they are backed by top-tier companies such as Sequia Capital, a Google &... More

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#Micro Review

I only looked at the website quickly. Here's my impression after 5 minutes:

It looks targetted at gamblers more than traders. Look at screenshot I took. They say earn up to 100 times your investment. That's targeting the gamblers that want to get rich quick. It doesn't appear to me as a serious platform for professional traders, looks targetted at beginner who gamble $100 here and there.

The... More

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#Micro Review

Finblox is an investment platform that specializes in helping users earn extra passive income on their crypto holdings, by holding crypto in Finblox accounts to generate interest on deposited crypto funds. Although they do not charge any fees for their services, there are numerous product offerings such as access to DeFi protocols, staking and various other products.

With two vaults to choose... More

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#Tokenomics

Token Info:

  • Ticker: FBX
  • Type: Utility-token
  • Token Standard: ERC-20

Token Distribution:

  • Private round: 25%
  • Ecosystem: 43%
  • Community round: 6%
  • Staking incentives: 6%
  • Team and Advisors: 20%

Funds Allocation:

  • Marketing: 20%
  • Regulatory: 15%
  • Technology: 25%
  • Operations: 20%
  • Partnerships: 5%
  • Product: 15%

This information provides a clear overview of the token distribution... More

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#Micro Review

Finblox is a cryptoplatform that enables users to buy, earn, spend and game. It is very user-friendly and easy to navigate, making it accessible for both novice and experienced users.

It has a 4.9* rating on TrustPilot with over 1200 reviews and there are a lot of good mentions about their customer support in the comments which is good to read with platforms such as this as it adds more... More

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#Micro Review

In summary, I feel a concept like this is not unique. High rewards and a own token (FBX in this case) can be used to increase your rewards or as a currency to reduce gas fees.

Finblox offers a high-yield crypto savings platform that supports several cryptocurrencies, including Bitcoin, USDC, Ethereum, Solana, Avalanche, and Axie Infinity. The team has designed each program to be straightforward... More

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#Micro Review

I want to put FinBlox in the spotlight for several reasons. 1. it is a project backed by serious investors and has a solid Fintech team behind it 2. it has been in existence since 2021 and will be launching its ICO very soon and 3. it's one of the companies that was affected by the 3AC fiasco.

Finblox has/will have a large number of products, including Swapping (FinSwap; Crypto Rewards Pool... More

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#Buy?

This project is a decentralized exchange (DEX) that is targeting "idiot gamblers." The team has raised $3.9 million in a private round, and is now selling 500 million tokens in a public round at $0.007 per token. The project has a number of red flags, including:

The team is keeping 69% of the total supply of tokens.

The project has made a mistake on its moonsheet, claiming that Binance has a... More

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#Marketing

My analysis of their media channels reveals significant growth, with high levels of engagement. A quick Google search for Finblox yields numerous articles, videos, and ongoing promotions related to their brand.

Finblox has experienced substantial growth in terms of followers on Twitter and Discord, indicating successful marketing efforts. Their marketing strategy primarily focuses on attracting new users by highlighting the potential for growth and emphasizing the benefits of purchasing their FBX token.

While their marketing style may not align with my personal preferences, it is well-suited for their product and appears to be effective. I would rate their performance as 4 stars.

#Community

I don't know what Finblox did in the last 9 days, but they have significantly increased their numbers. The numbers from the review by Jeppopo, which is 9 days old, are provided for comparison. Surprisingly, the number of reviews on Trustpilot has decreased.

Twitter: They had 80k followers before, but now they have 96.1k followers and have posted 3,235 tweets. This is their highest... More

#Technology

The technology behind Finblox and their FBX token is not particularly groundbreaking. However, they have developed a functional and user-friendly app on the blockchain.

The platform revolves around three main pillars: decentralization, security, and simplicity.

Their aim is to provide decentralized finance solutions with enhanced security measures and reduced complexity, catering to users who value these aspects in their financial endeavors.

#Buy?

They recently conducted their IDO sales. If everything is available, I would personally say no, as I am not a user of the Finblox platform. However, if you are a user or interested in becoming one, there are several perks and benefits you can enjoy, including:

  1. Earn 6% APY on your FBX holdings.
  2. Increased odds in the Boost Pool Party.
  3. Access to AI-FinGPT.
  4. 50% cashback on DestinyX... More

Finblox FBX

Gamified digital asset platform

Finblox aims to be a crypto superapp with gamified features built within a secure and compliant platform

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