BAX ($BAX) - ICO Fail or Short Lived | Coinopsy
BAX ($BAX) - Dead Coins

BAX ($BAX)

BAX was founded in 2017, it is trading on limited exchanges. BAX was added to the dead coins list due to being ICO Fail or Short Lived. Founder/CEO is Rushd Averroes.

Summary

  • Main reasons for dead coin listing ICO Fail or Short Lived.
  • Started 2017, Ended 2020.
  • Social media ended active.
  • Trading ticker ($BAX).
  • 50,000,000,000 Tokens total.
  • Available to trade on limited exchanges.
  • Was built on Ethereum blockchain.
  • Website is still up.
  • The Founder/SEO is Rushd Averroes.

Further Details

Notes

Towards the end of 2019, BABB started rebuilding team 2.5. The first team all quit/were sacked under mysterious circumstances surrounding commercial decisions made by the CEO and a lack of transparency. Team 2.5 launched a Beta app, which saw moderate success and a boost in the token value. Again, bizarre (and ethically questionable fee % change) decisions made by the CEO caused the team to disband. Since April 2020: COO - quit. Head of Treasury - quit CMO - quit Deputy CEO - quit BABB CEO made ten promises in May, including hiring an army of developers, listing on exchanges bigger/better than KuCoin, hiring a world-class global marketing agency amongst others. The majority of remaining team members are down to working one day a week and the fundraising round that was supposed to launch in July, is yet to materialize. BAX was subject to 11.6bn tokens being stolen from KuCoin and haven’t publicly published any response to reassure holders. Finally, the token has ranked 1,000+ for months now and the only trading on exchanges seems to be a market-maker trading amongst BABB wallets/accounts. With a skeleton team working part time, no additional funding, minimal product development and no communication from the CEO; it doesn’t look like there is a future.

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