How we stay independent.

Independence

BULLAIRE is paid by its members and no one else. We do not accept payment, tokens, allocations or any other compensation from projects, foundations, exchanges or market makers to cover them, or to change what we write about them.

If we ever produce commissioned work, it will be clearly labelled as commissioned on the work itself and listed on this page.

Holdings

At the time of publication, the people who research and write BULLAIRE briefs hold no position in the tokens covered in our published research.

If that ever changes for a specific brief, the holding will be stated in that brief before it reaches members.

Trading restrictions

No one involved in a brief may trade the token it covers from the day research on it begins until 72 hours after the brief is published. This applies to buying, selling, and taking leveraged or derivative positions.

Token sales and allocations

When we cover a token sale, we do not take part in that sale, and we do not accept allocations, whitelist places or referral rewards connected to it.

How performance is measured

• Briefs are measured from the price on the day they are published.
• Briefs written before a token launches are measured from the public sale price.
• Case studies are written after the fact. They are measured from the listing-day price and are left out of our track record, because they were not published before the market moved.
• Prices are in US dollars, sourced from public market data, and dated in every brief.

Sources and corrections

Every brief lists its sources, and we prefer primary ones: project announcements, exchange notices, on-chain data and protocol financial reports. Where we rely on a secondary source, we name it.

When we find an error, we correct the brief and add a dated note explaining what changed. We do not quietly edit published research.

Not financial advice

BULLAIRE research is for information only. It is not personalised and is not financial, investment, legal or tax advice. BULLAIRE never handles investments for anyone. The tokens we research are highly volatile, and anyone who buys them can lose all of the money they put in.