My view, not to be confused with facts:
I cannot figure out how they’ve come to that valuation. Others are in the same boat, seems like the pitch manager is selectively answering questions. They have very little at the moment, the token anyone can create, Google it, you can make a BAXX token 
Plus the token tech will pose problems. Bandwagons are cool 
Questionable future partners as well.
Like I said all my opinion, no facts 