The BlockBoost presale is making big promises, but can investors trust it? Absolutely not. The BlockBoost whitepaper is a disaster, full of contradictions and AI-generated nonsense. Many of its key features are fake, broken, or straight-up don’t work. Let’s break it all down.
Table of Contents
Anonymous Team, No Audits
Right from the start, there are two massive red flags. The team behind BlockBoost is completely anonymous, meaning there’s no way to verify who is actually running this project. If something goes wrong, there is no one to hold accountable.
There is also no audit of its smart contracts, which means investors have no guarantee that the project is secure or free from hidden backdoors.
The Whitepaper Is So Bad, It’s Hilarious
This might be the worst whitepaper we have ever seen. It’s so bad that it almost feels like a joke.
Incoherent Rambling
Here’s the very first sentence of the introduction:
The Challenge in Crypto Investment In the fast-paced world of cryptocurrency, identifying and backing high-potential projects is a daunting task.
Yes, that’s exactly how it’s written. Bad grammar, too many capital letters, and no clarity. And it gets worse. A few lines later, we get this:
The Role of $BBT in Solving These Challenges Blockboost addresses these issues head on by introducing the $BBT token (…)
ChatGPT Cameo
The whitepaper even accidentally left in an AI-generated sentence:
Formatting Is a Total Mess
It’s painfully obvious that no one read this whitepaper before publishing it. Here are just a few of the ridiculous mistakes:
- Random grammatical errors and gibberish sentences throughout.
- Main chapters numbered 01, 02, 03, but subchapters use 1.1, 2.1, 3.1.
- On page 7, an entire paragraph is repeated twice.
- In multiple places, $BBT is written as SBBT.
- On page 15, after saying “Here’s an overview of its key components,” the chapter just ends. There is no overview.
- Bullet points appear with no actual bullets.
- After page 61, there’s another page 61, then page 60 again.
And then there’s the disclaimer at the end:
Disclaimer: With each phase of development, BlockBoost is positioning itself as a leader in the blockchain and cryptocurrency space. We look forward to collaborating with our community, partners and investors to make this vision a reality.
Tokenomics Chart Doesn’t Even Add Up
We’re not kidding – the token allocation numbers don’t total 100%. They only add up to 90%, leaving 10% completely unaccounted for.
That’s not the only inconsistency. The numbers in the whitepaper don’t match what’s shown on the website. For example, the whitepaper claims only 10% of tokens go to liquidity, while the website says 25%.
Fake Features on the Website
If the whitepaper was bad, the website somehow manages to be worse. BlockBoost claims to have a marketplace, vault, and bridge, but none of them seem to work properly.
Buttons don’t work
Throughout the site, many of the buttons do absolutely nothing. Clicking “Connect Wallet” on multiple features produces no response. We tested this on different devices and browsers, and the result was always the same.
Maybe some features unlock after buying tokens, but that doesn’t explain why basic site functions are unresponsive.
The Vault Offers Absurd APYs
The staking rewards advertised are completely unrealistic – 150% APY for Ethereum? 452% APY for SHIB, paid also in Ethereum? There’s just no explanation for that.
Even in the “Staking” section, the BBT staking rewards are “only” 100% per year – so why are the vault rewards higher?
Suspicious NFT Marketplace
At first glance, the NFT marketplace looks normal:
However, there’s many issues:
- None of the buttons work
- The BNB price is completely wrong (at the moment of writing this article it was around $595)
- The contract and owner addresses cannot be expanded or copied
- Every NFT listing shows the same owner and contract address
- The “Decomposable In” timer never counts down, no matter how many times you refresh. It’s also the same for every listing.
Bridge & Swap Feature Is Completely Broken
The Bridge & Swap AI feature is another joke. It allows you to select what you want to swap, but the options are completely pointless:
Expanding the dropdown menu only gives you duplicates – ETH, ETH, and ETH as the sending options, and BNB, BNB, and BNB as the receiving options. Every choice is the same, making the selection entirely meaningless. Strangely, the page lets you change the displayed “$2.18” value at the top, though it’s unclear what this is even supposed to represent.
After choosing from this wide variety of options, the next screen takes things to another level of absurdity:
The system calculates that 2 ETH (worth around $4,500) can be swapped for 8.7 BNB (worth around $5,200). Either we discovered an infinite money glitch, or this entire feature is completely fake.
Cancellation and Refund Policy
At the bottom of the site, there’s a button for “Cancellation and Refund Policy”. Clicking it takes you to the Cookie Policy instead. The real refund policy is nowhere to be found.
Final Thoughts
This presale cannot be taken seriously. The whitepaper is a disaster, and the website is full of fake or broken features. If BlockBoost were legitimate, the developers would have fixed these obvious mistakes before launching a presale. Instead, they are hoping investors don’t notice.
We have a section on our website focused on uncovering red flags in ongoing presales to help potential investors stay safe. Click here to check it out!
