BFX is still a scam.
the BlockchainFX scam replied to one of my previous review with a big lie: "The plan has always been for holders to claim their purchased tokens on their presale dashboard on our website. Where tokens are claimed differs from project to project. Some projects host the claim on their own website, others use a third-party launchpad dashboard, and others distribute tokens directly through a smart contract or another platform. It's up to each project to decide, and it's a normal setup in the crypto space. The claim function is not available yet because claiming opens after the completion of the Uniswap BFX/ETH Continuous Clearing Auction. This process establishes liquidity before the full circulating supply enters the market and is enforced through the Uniswap smart contract. The auction ends on September 30. Once it completes, holders will be able to claim their purchased tokens." Let me break down why this is a lie. 1. Smart contracts on Ethereum are immutable. Once deployed, the code cannot be edited or changed unless it was deliberately designed with an upgrade proxy from the start. 2. The BFX contract has no proxy or upgrade path. If BFX intended upgrades, the contract would include proxy logic (delegatecall in a fallback() function), an implementation storage slot (EIP‑1967), and an upgradeTo(address newImplementation) function restricted to an admin. It would also use an initialize() function instead of a constructor. None of these exist in the deployed code. The BFX contract is a plain ERC‑20 with a constructor, which proves there is zero mechanism for upgradeability. Any claim that features will be “added later” is false because the contract is immutable. 3. The contract contains no claim function. There is no claim() or vesting logic in the code. Distribution must be handled manually or through a separate contract. Saying claims will happen “after the auction” is misleading because the ERC‑20 itself does not enforce this. 4. Claims through a website are centralized. If tokens can only be claimed via their presale dashboard, investors are dependent on BFX’s backend. This is not trustless or decentralized. If their server fails or refuses, holders cannot access tokens. 5. The Uniswap auction does not distribute presale tokens. Uniswap’s Continuous Clearing Auction establishes liquidity between ETH and BFX, but it does not handle investor claims. Linking the auction to token distribution is misrepresentation. 6. Misrepresentation of “normal setup.” While some projects use dashboards, reputable ones also deploy transparent claim or vesting contracts on-chain. BFX chose not to, which removes investor guarantees. Calling this “normal” hides the fact that they skipped the trustless mechanism most investors expect.