BitMart Token BMX
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BitMart Token Price Change 24H Change 7D Change 1M Change YTD Market Cap Volume 24H Circ. / Max Supply
$0.2594 -4.47% 16.56% 11.45% 2.17% $84.12 M (#316) $4.20 M 324.28 M / 640.88 M 3.4/5 (#345)
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BitMart Token Fundamental Analysis, Ratings, and Detailed Scores

The following scores are algorithmicically calculated multiple times a day based on manually and automatically collected publicly verifiable, objective data.
The full formula and collected data are public and open for your reference and further research.

Scoring model: Centralized > Flat org. structure

See full details
Open communication channels 100%
Ability to contact the company via: Slack, Telegram or Discord
70 points Why? 70
70 ANY NOT EMPTY
0 ALL EMPTY
Ability to contact the company via: Contact form or Email
30 points Why? 30
30 ANY NOT EMPTY
0 ALL EMPTY
Activity on social media 75%
Activity on Blog
Are they posting every 10 days or less?
50 points Why? 50
  • Are they posting something every 10 days or less on their blog? yes
50 YES
0 NO
Activity on Facebook
Are they posting every 3 days or less?
0 points Why? 20
  • Do they post something on their facebook every 3 days or less? no
20 YES
0 NO
Activity on Twitter
20 points Why? 20
  • Do they post something on their Twitter every 3 days or less? yes
20 YES
0 NO
Do they have a YouTube channel?
5 points Why? 5
5 YES
0 NO
Activity on Youtube
Are they posting every 7 days or less?
0 points Why? 5
  • Do they post something on their Youtube every 7 days or less? no
5 YES
0 NO
Team strength 18%
Executive lead (CEO, COO, executive lead, founder, managing partner etc) who managed multi million dollar companies.
0 points Why? 10
  • Managed a million+ USD$ company before? no
10 YES
0 NO
Tech lead who managed million dollar projects
0 points Why? 10
  • Worked on a million dollar+ project (within 1 or more of his/her previous companies before? no
10 YES
0 NO
Exec lead years of experience at executive level
0 points Why? 15
  • Years of experience as a CEO (OR COO) 0
15 10+ years
8 3-10 years
4 1-3 years
0 0-1 years
Tech lead years of experience as teach lead
0 points Why? 15
  • Years of experience as a CTO? 0
15 10+ years
7 3-10 years
3 1-3 years
0 0-1 years
Has dedicated Quality Assurance members within the team
0 points Why? 10
  • Does the company have any testers / quality asurance specialists on the team? (these people are dedicated to testing only) no
10 YES
0 NO
Sales/Marketing team size compared to other coins
4 points Why? 10
  • How many marketing / sales specialists? 1
10 90th percentile
6 75th percentile
4 50th percentile
2 30th percentile
0 other
Average team member age
10 points Why? 10
  • Average teamembers age 30
10 30+
5 25-30
2 20-25
0 0
Total team size compared to other coins
4 points Why? 20
  • How many teammembers in total? 4
20 95th percentile
18 90th percentile
16 80th percentile
14 50th percentile
7 30th percentile
4 10th percentile
0 other
Advisory board strength 100%
Advisors have bios on the website
25 points Why? 25
  • Biography on website for each board member - yes/no yes
25 YES
0 NO
Advisors have social media links on the website
25 points Why? 25
  • Do most of the Advisory board members on the team page have links to social media profiles (Facebook, linkedin, github,Twitter other social media) yes
25 YES
0 NO
2+ advisors have managed multi million dollar companies
50 points Why? 50
  • 2 or more advisors of the team managed multimillon dollar projects or companies yes
50 YES
0 NO
Brand awareness/Buzz 40%
Total community size compared to other coins
Facebook, Twitter, YouTube, Reddit
0 points Why? 60
  • How many people are involved in the community of this project 0
60 99th-percentile
50 95th-percentile
40 85th-percentile
30 50th-percentile
20 30th-percentile
10 10th-percentile
0 0-10th percentile
GitHub community size compared to other coins
Forks, watchers, stars
40 points Why? 40
  • GitHub community size 0
40 90th-percentile
30 67th-percentile
20 57th-percentile
15 53th-percentile
10 40th-percentile
5 10th-percentile
0 0-10th percentile
Product strength 88%
Product development status (i.e. stage)
50 points Why? 50
  • Does this coin / business have a working project? Fully working product
50 Fully working product
40 Beta version
30 Alpha version
25 Prototype / MVP
20 Demo only
10 Just an Idea
0 Unknown
Have they open sourced their code?
10 points Why? 10
  • Yes or No yes
10 YES
0 NO
GitHub commits
Statistical mean of 4 week SMA for commits over 49 weeks, compared to other coins
0 points Why? 5
  • GitHub commit activity 0
5 90th-percentile
4 67th-percentile
3 57th-percentile
2 53rd-percentile
1 40th-percentile
0.5 10th percentile
0 0-10th percentile
Have they published a Product roadmap?
5 points Why? 10
10 YES
0 NO
Is their Product roadmap up to date?
5 points Why? 5
  • Is product roadmap updated to date? Yes
5 YES
0 NO
Product age (Today’s date - Release date)
8 points Why? 10
  • Release date of first version of the product 2017-12-28
10 5+ years
8 1+ years
6 6+ months
4 3+ months
2 1+ months
1 < 1 month
0 future
Have they published a Whitepaper?
10 points Why? 10
10 YES
0 NO
Coin strength 71%
Transactions per second compared to other coins
0 points Why? 8
  • Transactions per second 0
8 95th-percentile
6 75th-percentile
4 50th-percentile
2 30rd-percentile
1 15th-percentile
0 <15th percentile
What is their coin emission rate? Is the coin"s inflation under control?
30 points Why? 30
  • Emission rate No new tokens created
30 No new tokens created
30 Deflationary through token burning
15 Emitted in proportion to amount of network activity
15 2nd round might occur
0 Company can decide
Is the coin among the top traded coins for the past 3 months in terms of transaction volumes?
14 points Why? 17
  • Average trading volume trailing 3 months 3323900
17 99th-percentile
16 95th-percentile
14 85th-percentile
10 50th-percentile
7 30th-percentile
4 10th-percentile
0 0-10th percentile
Is the coin among the top traded coins for the past 3 months in terms of market capitalization?
10 points Why? 17
  • Average market cap trailing 3 months 3007960
17 99th-percentile
16 95th-percentile
14 85th-percentile
10 50th-percentile
7 30th-percentile
4 10th-percentile
0 0-10th percentile
Has the coin outperformed the rest of the market trend since it started trading?
2 points Why? 13
  • Market cap % of total market growth -0.00193805
13 99th-percentile
12 95th-percentile
10 85th-percentile
5 50th-percentile
3 30th-percentile
2 10th-percentile
0 0-10th percentile
Does the founding team reserve a decent amount of coin to themselves?
15 points Why? 15
  • Founders & Team 0
15 0-5%
10 5-10%
5 10-20%
2 0%
0 20%+
Business/Company strength 50%
Financial statements published
0 points Why? 10
  • Does the company present its complete financial statements (anywhere)? no
10 YES
0 NO
Burn rate and costs published
0 points Why? 10
  • Does the company give insights in its costs? How much it will spend a month (also known as the burnrate)? no
10 YES
0 NO
Financial gains predictions published
0 points Why? 10
  • Does the company give it's financial/growth predictions / predictions for profit and growth? no
10 YES
0 NO
Company has strategic partnerships
0 points Why? 20
  • Does the company list its strategic partner(ships)? no
20 YES
0 NO
Company explains its advantages over competition
30 points Why? 30
  • Does the company explain its benefits opposed to their competitors (if any)? yes
30 YES
0 NO
Company presents a sales/marketing plan
20 points Why? 20
  • Does the company present it's sales plan / marketing plan / go to market strategy in any way? yes
20 YES
0 NO
We're currently working to gather more data in order to score BitMart Token

(*) This data could be outdated. Research done on: 2018-07-23 Specific key points such as Social media, blog entries, community size, GitHub and others are automated and refreshed daily.

BitMart Token facts and figures

BitMart Token Facts and Figures

Name
BitMart Token
Trades under Symbol
BMX
Circulating supply
324,281,616
Maximum supply
1,000,000,000
First USD price per coin
$0.04
Coins Distributed in ICO
100,000,000
Emission rate
No new tokens created
Blockchain
Unknown
Consensus method
N/A
Algorithm
N/A
Time for block processing
N/A
Transactions per second
0
Is coin Minable?
No
Type
N/A

Product details

Open source
yes
Github link
https://github.com/bitmartexchange
Community size
0
Status of the project
(working project, demo, just an idea)
Fully working product
Product Roadmap
https://api.bitmart.com/resources/white-paper/bitmart_whitepaper_en_US.pdf
Whitepaper
https://api.bitmart.com/resources/white-paper/bitmart_whitepaper_en_US.pdf
FAQ
https://support.bitmart.com/hc/en-us/categories/360000172733-FAQ
Explorer 1
https://etherscan.io/token/0x986EE2B944c42D017F52Af21c4c69B84DBeA35d8
Explorer 2
https://ethplorer.io/address/0x986EE2B944c42D017F52Af21c4c69B84DBeA35d8
Explorer 3
N/A

Team

Link to the team page
https://api.bitmart.com/resources/white-paper/bitmart_whitepaper_en_US.pdf
Team transparency
Biography on website for each team member
Yes
Do team members have links to their social media profiles?
No
CEO
Name
Sheldon Xia
Age
N/A
Linkedin
https://www.linkedin.com/in/sheldonxia/
Is it mentioned that this CEO works for this company on his LinkedIn profile?
Yes
CEO previous companies / achievements
Sheldon Xia obtained his master’s degree from Stevens Institute of Technology, a prestigious engineering university in the United States. He is a former founder of Xingmei Media Company and a serial entrepreneur. He owns copyrighted software, has five years of experience in the blockchain industry, and three years of experience in the financial industry. Sheldon is particularly skilled in the productization of technical and financial system solutions. As one of the earliest digital currency developer, he once led a team to develop and operate one of the first virtual currency trading platforms in China.
Years of business experience
2
Years of experience as a CEO (OR COO)
0
Managed a million+ USD$ company before
no
CTO
Name
Allen Chen
Linkedin
N/A
GitHub link
N/A
Can you see that this CTO works on this project on his Github profile?
No
Years of experience as a developer
N/A
Years of experience as a CTO
0
CTO previous companies / achievements
Allen Chen is the chief technical expert of the blockchain who has designed and implemented the core matching engine of trading platforms, responsible for managing the technical security team and ensuring the safe and stable operation of the platform. Majoring in distributed system security and cloud computing, he has a master’s degree in information security at Carnegie Mellon University. He once worked at the headquarters of Samsung in South Korea for developing system-level security solutions; he also worked as a Rakuten Tokyo security engineer; a former VMware R&D engineer engaged in the development of SaaS products and SDN solutions. He has many years of experience in the research and development of distributed system platforms and in working for multinational companies.
Worked on a million dollar+ project (within 1 or more of his/her previous companies before)
no
Team diversification
How many developers(*)?
3
How many marketing / sales specialists(*)
1
Does the company have any testers / quality assurance specialists on the team(*)
no
How many team members in total
4
Average team members age
30

Advisors / Board members(*)

Advisors / Board members transparency
Biography on website for each advisor / board member
Yes
Do most of the Advisory board members on the team page have links to social media profiles (Facebook, LinkedIn, GitHub)?
No
Experience
2 or more advisors of the team managed multimillion dollar projects or companies
yes
Note special achievements from the advisory board
Aditya Sharma is CIO at LaunchmyICO----Mike Shokin was Equity Research Anlyst at ING Barings----Tom Budd is Co-Founder at Blockchain Velocity and Blockchain Researcher at Booz Allen Hamilton

Company details

Website 1
https://www.bitmart.com/
Website 2 (if any)
N/A
Email
support@bitmart.commarketing@bitmart.com
Contact form on website
https://support.bitmart.com/hc/en-us/requests/new
Phone number
N/A
Alexa site traffic information
Website 1
N/A
Website 2 (if any)
N/A
Incorporation status
Incorporated according to their website
Yes
Officially Incorporated (checked)
Can't trace back
Location
Cayman Islands
Address
N/A

Angel Investors and Venture capital due diligence perspective

Does the company present its complete financial statements?
no
Does the company give insights in its costs? How much it will spend a month (also known as the burn rate)?
no
Does the company give its financial/growth predictions / predictions for profit and growth?
no
Does the company explain its benefits opposed to their competitors (if any)?
yes
Does the company have / list strategic partnerships)?
no
Does the company present its sales plan / marketing plan / go to market strategy in any way?
yes

Social media & Communication

Blog URL
https://medium.com/@bitmart.exchange
Blog / Are they posting something every 1,5 weeks or more on their blog?
yes (latest post was 5 years ago)
Facebook
https://www.facebook.com/bitmartexchange/?modal=admin_todo_tour
Facebook / Do they post something on their facebook every 3 days or more?
no
Twitter
https://twitter.com/BitMartExchange
Twitter / Do they post something on their Twitter every 3 days or more?
yes
Youtube
https://www.youtube.com/c/BitMartExchange
Youtube / Do they post something on their Youtube every week or more?
no
Slack
n/a
Telegram
https://t.me/BitmartExchange
Google+
n/a
Message board 1
https://www.reddit.com/r/BitMartExchange/
Message board 2 (if any)
n/a
Message board 3 (if any)
n/a
Other
https://weibo.com/u/6424218806https://www.linkedin.com/company/bitmarthttps://www.instagram.com/bitmart_exchange/https://www.crunchbase.com/organization/bitmart-exchange

ICO

ICO initial price
1 ETH = 10,000 BMX
Sale period
N/A
Coin distribution date
N/A
Coin start trading date
2018-07-13
Min investment goal
10,000 ETH
Max investment cap
30,000 ETH
Accepted currencies
ETH
Bonus
N/A
ICO proceedings invested in (in case of an ICO)
Founders & Founding Team
0
Marketing & Sales
0.3
Development
0.4
Administration/Legal
0.15
Other
15%- Reserve

(*) This data could be outdated. Research done on: 2018-07-23

BitMart Token GitHub Activity & Development

An overview of development activity for BitMart Token (BMX). The charts show BitMart Token (BMX) Development / GitHub commit activity for the past year, as well as their simple moving average. You can use this data for your fundamental BitMart Token research & analysis.
Please note: for projects using multiple repositories, we're tracking the primary or the most active one.

BitMart Token Popularity on Google Search

Numbers represent search interest relative to the highest point on the chart for the given region and time. A value of 100 is the peak popularity of the term.
A value of 50 means that the term is half as popular. Likewise a score of 0 means the term was less than 1% as popular as the peak.

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