June 22, 2023 8:15 AM | 3 min read
The community-driven meme coin Big Eyes Coin recently suffered from an alleged bot attack during its launch on the 15th of June, which saw many of its investors grow wary of their holdings as they struggled to claim their tokens. The team came out in defense of their move against adding more liquidity to avoid the rest of it being taken by bots. The full amount will still be supplied as BIG becomes available on more Centralised Exchanges. If you are one of these investors, this article may interest you as the team behind it is finally officially doxxed in a move to preserve confidence.
Why Dox Now?
Doxxing now was absolutely the right time for Big Eyes Coin moving forward. In order to avoid the potential misconception that the project is a rug pull or any other type of crypto scam, revealing the names and faces of the people who are behind the crypto provides true transparency and accountability.
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Team members are risking their reputations by disclosing their identities. They are more likely to face consequences for the choices and activities they make. More users and investors who are seeking projects with strong foundations and dependable leadership may be drawn in by this transparency. Investors, users, and other stakeholders can also develop direct communication and relationships by getting to know the team members’ identities. It builds a feeling of community and inspires investor confidence in the project’s long-term prospects when the crew is approachable and readily available.
Who The Team Are
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The biggest reveal of the team is the leader of Big Eyes Coin itself, the CEO Ahmed Yalom, a renowned Israeli Entrepreneur. Other team members include Malamud Kasher the Head of trading/listing, Shahab Yaari the Head of casino, Mando Harel the head of licensing and project developers Zohar Harel and Rayan Tuwim.
All are skilled and experienced workers that have long established their position in the world of finance and crypto. Shahab Yaari is specifically interesting to know as the person in charge of the upcoming casino, an extra project within the Big Eyes bubble that has had a lot of hype built towards it; something that is also planned to become one of their main focuses in the months to come.
The Future of Big Eyes
Assuming investor confidence is preserved with the reveal of the team, the only thing left to set in stone Big Eyes’ position is how many of its plans it is able to succeed within the coming months. They have made to specify there are still 24 months of runway regarding marketing and future listing on exchanges beyond the three they’re already on: OKX, Uniswap & Poloniex.
This will hopefully calm investors down as it reminds them that this race to the top is a marathon rather than a sprint, meaning things will continue to look better in the long run and that this is the time to hold. At the same time, big moves will seemingly be made sooner than later, to give investors further evidence that the team can be trusted and that Big Eyes Coin is still on its path towards the success achieved by its meme coin predecessors.
This post was authored by an external contributor and does not represent Benzinga’s opinions and has not been edited for content. This content contains sponsored advertising content and is for informational purposes only and not intended to be investing advice. Cryptocurrency is a volatile market; do your independent research and only invest what you can afford to lose. New token launches and small market capitalization coins are inherently more risky than large cap cryptocurrencies. These tokens are subject to larger liquidity and market risks.
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