What is the European Crypto Bank?
The European Crypto Bank is a project that is building the first ever trading and bank platform, to help secure investments in the cryptocurrency markets on the blockchain. The core aim of the project is the create a new bank generation under Fintech or Bank-as-a-service (BAAS) offering trading cryptocurrencies platform, Visa and MasterCard payment card, financial analysis on Token, tracking real-time notification mobile and apps and fiscal assistance.
What solution does European Crypto bank offer users?
Given the statistical reality of the lack of regulations in the market. The European Crypto Bank offer users with the following solutions:
Obtain fine market analysis: with the unprecedented volatility, it is necessary to include that weakness, strengths, and stakes of any token or cryptocurrencies to optimize its investments with AI from development and process automation for traceability and availability.
Protect them from tax risks: European Crypto Bank provides advice and reporting adapted to the requirement in every European country starting with England, Germany, France, and Italy.
ECB token: the ECB token help in the generation of the ecosystem, allowing users to reach financial analysis, advice and personalized reporting from European tax experts in cryptocurrencies.
Everybody nowadays is praising the innovation virtues bound that comes with the concept of the blockchain technology. Nevertheless, lack of confidence in the market, which now weighs billions of euros does not allow many Europeans to benefit from the blockchain technology completely. Despite the uncertain regulatory framework, the European Crypto Bank wants to give European investors another opportunity to benefit from crypto-market and at the same time managing the risks.
The company is led by President (UK) Olivier Forgues, Head of development (France) Mikael Misard, Head of operations (France) Sandrine Favre and head of web design and digital marketing (UK), Matthew Clark among others
ICO
The company has been able to raise more than 1.6 billion euros in the year 2017. To raise such as amount, the company obtained funding through Ethereum, Bitcoin, and Litecoin. The company also held its first pre-ICO from February 1st through to February 15th, 2018. The official ICO started on February 16th, 2018.
European Crypto Bank will work with some blockchain-based companies to engage banks in any transaction. During this transaction is mostly done through a peer-to-peer system. This is a very popular system used in the blockchain ecosystem.
This system can indeed cut transaction costs, but also vulnerable to abuse for illicit transactions and money laundering. Bank Crypto Europe will not buy data from its partners, the bank just wants to position itself as a supervisor; supervisor who oversees the transaction. The European Crypto Bank does not have the authority to control its users. User monitoring will be submitted to the party authorized to do so.
The funds raised during the ICO will be used for development purposes. The funds will be distributed as follows:
20% will be allocated for the platform development
15% for fund deposits
25% for PRM
10% for AML, AI, compliance, and KYC
10% for financial advisors and Wealth management
10% back and middle office, support, offices.
5% multiplatform integration
5% legal protection in France, Italy, and UK and banking License.
Pay with Cryptos : BTC , BCC, ETH, ETC, XRP, LTC, DASH, ZEC
Minimum Purchase to participate is 20 ECB Tokens
20 ECB Tokens = 0,00175147 Bitcoin (BTC)
20 ECB Tokens = 0,01229325 Bitcoin Cash (BCC)
20 ECB Tokens = 0,01796921 Ethereum (ETH)
20 ECB Tokens = 0,43518929 Ethereum Classic (ETC)
20 ECB Tokens = 14,75188011 Ripple (XRP)
20 ECB Tokens = 0,08567210 Litecoin (LTC)
20 ECB Tokens = 0,02469211 Dash (DASH)
20 ECB Tokens =0,03365197 Zcash (ZEC)
More Information about European Crypto Bank, see below :
Website: https://europeancryptobank.io
Whitepaper : http://europeancryptobank.io/wp-content/uploads/2018/02/WHITE-PAPER-ENGLISH-EUROPEAN-CRYPTO-BANK-ICO-12-02-2018.pdf
Twitter: https://twitter.com/EuropeanCryptoB
Facebook: https://www.facebook.com/EuropeanCryptoBank
Medium: https://medium.com/european-crypto-bank
Telegram: https://t.me/europeancryptobank
Reddit: https://www.reddit.com/user/Europeancryptobank
Ann Thread: http://bitcointalk.org/index.php?topic=2824525.0
Source: https://bountyhive.io/join/European%20Crypto%20Bank
Author by Betadin66
https://bitcointalk.org/index.php?action=profile;u=998930