Beware of BunnyToken – shady team, 0 essence

BunnyToken

This one might be tempting for some because it plans to be another project inspired by the adult industry which aims to offer all businesses related to the industry a safe and reliable payment solution – and some of those adult projects have turned out to be ICO success stories. Their vision is a future where a large share of the adult market uses one unified token; Bunny, for all their transactions.

The problem is – BunnyToken doesn’t disclose any public profiles of founders or a team. ICOINDEX team was not able to validate any information so suspect the information is fraudulent. They have also have no soft/hard cap specified for ICO – this another MAJOR red flag for obvious reasons.

Also their ehitepaper is talking about a platform, while offering nothing, but creating a simple Ethereum token and wallet to be used in payments. Do we need to go on? Teams reward vesting period is less than 9 months and their code is not public, it’s very likely it doesn’t exist at all.

CryptoVigilante asks you to stay away from this one*

*Always remember – not a financial advice, because CryptoVigilante is not a financial advisor

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