BunnyToken presents itself as a definitive payment tool for the adult entertainment industry based on Ethereum's blockchain technology.
The first sale of BunnyToken was launched on March 13, 2018, will continue until May 25, 2018 and a total of 1 billion tokens will be issued.
The company behind BunnyToken is Bunny Software Ltd., registered in the Seychelles (East Africa).
The web domain of the site is registered privately on 6 February 2018 to hide the true identity of the owner and will expire on 6 February 2019: it is as if the founder himself did not yet believe in his own business model!
BunnyToken presents itself as a payment solution for the adult entertainment industry (estimated at $ 103 billion), which will replace traditional payment methods for adult video sites, webcam platforms, sex shops, sites of meetings, while providing 100% anonymity for consumers.
An ambitious project that does not seem to come to terms with the fact that the majority of the adult industry is based in the United States, where BunnyToken is currently banned.
In addition, the biggest companies in the sector, such as Pornhub or Brazzers do not accept cryptocurrencies yet and do not understand why they should adopt an unknown BunnyToken in place of other already established cryptocurrencies like Bitcoin, Litecoin, etc.
The token price from the first day of sale started from 0.000100 ETH and will increase by 1% every day until the last day of sale.
We have already seen similar situations for other platforms that are easy to gain and then fail, remember the case of BitConnect?
Furthermore, setting a sales price does not mean that this corresponds to its real value.
We have already said that only one billion tokens will be issued. According to the site, all unsold tokens will be burned and the value of the tokens sold will be increased accordingly.
Our question is how to burn unsold tokens should increase the value of those sold?
Going to examine the site itself, this in a first impression is graphically well structured, with a white paper, a defined roadmap, a section of consultants, a team of experts, a section dedicated to reviews and another dedicated to companies partner.
The advisory consists of 5 consultants, including 1 businessman and 4 porn actresses who, in addition to their image, do not bring any benefit to the same token or to its blockchain.
Things are much worse if we look at the "expert team" defined as a group of people with experience in the adult entertainment industry, payment systems, and blockchain technology specialists.
Looking at every single member of the team, it seems that they do not have a real life outside of the BunnyToken website. Those found on Facebook only had a picture of him / her. The published messages are rather nonsense, the archive photos are photos of shoes, puppies of cats and dogs, a gun, etc.
It is extraordinary that all these people published information all in the same time frame, as if someone had invented everything on the same day and for different profiles. All information (including historical information from earlier years) and messages were created between 7, 8, and 9 March, and previously on 23 and 24 February.
Among the reviews stand out those of Cointelegraph and Merkle, but these are "press releases" published by the same BunnyToken (anyone can submit articles or press releases for a fee).
Finally, many of the adult sites in the partnerships are registered in the United States, where BunnyToken is currently banned. Moreover, the Goldnude.com website is no longer operational because it has no valid payment method for registration.