🚀 ICO review - BABB

in ico •  7 years ago  (edited)

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📌Dear friends, to all the kind time of the day! Today we will discuss a very interesting ICO project. The banking industry is one of the most important in the world of blockchain technologies, let's look at it in more detail!
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  • BABB (Bank Account Based Blockchain) - a decentralized banking platform that uses blockchain technology, artificial intelligence and biometrics. BABB gives anyone in the world access to a UK bank account for p2p financial services!
  • Black Card. The Black Card bridges the divide between the digital world and the physical world. It is a secure payment card that links directly with your BABB bank account via a secure QR code or NFC tag. It allows both a debit-like functionality, and can also be issued as a pre-paid card for your friends and family. Conduct any currency fiat or crypto online and in any country using the Black Card, a revolutionary decentralized payment card linked directly to your BABB bank account. See how it works in more detail.
  • Mobile application with global communication. Send money around the world, exchange currency, lend money and raise funds for projects. See how it works in more detail.

🚀Token information
BAX is an Utility token that powers the BABB platform. All services, fees and licensing costs on the BABB Platform are paid with BAX, and our Mobile app makes it easy to acquire BAX at any time without taking additional steps or affecting the user experience. It can also be used for other purposes, such as onboarding and offboarding funds to 3rd party exchanges, fundraisings and cross-currency conversion with improved liquidity.
🚀Token-sale :

  • Start 07.02.2018
  • End 12.04.2018
  • Hardcap - $20,000,000
  • Token price - 1 BAX = 0.0012 USD
  • Minimum limit for the first 2 days - 0,2 ETH
  • The minimum limit from the third day - £ 1000
    💣Initial Token Sale
    BABB will create 50 billion tokens, allocated as follows:
  • Public (60%)
  • Team (20%)
    ○ locked for 1 year
    ○ 25% are made available at six month intervals
  • Plartform Reserve (18%) A portion of the issued BAX tokens will be held by BABB Platform in reserve. This Initial Reserve will enable the platform to maintain liquidity in its BAX operations. See the ​Reserve Management​ section below for more details.
  • Bounty (2%) BABB is incentivising our community via a BAX bounty campaign. Details of our bounty campaign will be available on our website in due course.
    💣Use of funds raised
  • Development - 30%
  • Operations - 20%
  • Marketing - 20%
  • Legal - 10%
  • Working Capital - 10%
  • Reserve - 10%

🚀Why is it worth supporting this project:

  • The BABB team, absolutely all its employees work for the benefit of the company and are always ready to help in any matter. They are always in touch and do not lose sight of. Indeed, at the current moment, when we are talking about ICO projects, this fact is very important.
  • All prototypes made by the BABB development team are publicly available, right now you can familiarize yourself with and try out this platform
  • #BABB participates in every possible crypto, blocking forums, conclude serious contracts.

After reading this blog, you probably will have questions. Be sure to drop them in official BABB sources:

📘 Website
📘 Telegram
📘 Facebook
📘 Twitter
📘 WhitepaperEN
📘 WhitepaperRU
📘 Ann

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https://steemit.com/ico/@aivaryamal/lydian-ico-i-ideya-proekta

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