Is Blind Boxes a scam?

Asked about Blind Boxes (BLES), market cap rank #12376.

Short answer

Blind Boxes (BLES) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.

Source: isthiscoinascam.com · Updated 2026-06-03

Red flags raised

  • Not listed on any high-trust exchange
  • A single wallet holds over 10% of supply
  • Top 10 wallets hold more than 50% of supply
  • Top 10 wallets hold more than 70% of supply
  • Less than 50% of supply is circulating
  • Very low on-chain liquidity

Positive signals

  • Co-founders are publicly identifiable with LinkedIn profiles
  • Whitepaper available with detailed information
  • Low circulating supply may indicate potential for future growth

Team transparency

The Blind Boxes team is doxxed — public identities are known.

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