‘BeANKH TOKEN’ – THE EXCLUSIVE DIGITAL CURRENCY OF BeANKH PLATFORM

in steemit •  7 years ago 

BeANKH token is an exclusive digital currency which will be produced by BeANKH platform. BeANKH is a phenomenal blockchain based platform which offers Ethereum blockchain technology for creating digital immortality. Creators and a group of entrepreneurs started to advance the idea of BeANKH platform which in 2015. The Initial Coin Offering of BeaNKH token will be started from 2018.

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To get Ethereum blockchain technology service from BeANKH platform a participant has to push bits of currency. In total 650.000.000 token will be produced by BeANKH platform. The symbol of BeANKH token is ANKH. One who wants to get BeANKH technological and other services, that person must buy BeaNKH token during crowdsale and Initial Coin Offering Campaign. The platform supports and members of crypto community can use this token for in-app purchase within BeANKH Environment. The price of BeANKH token will directly be co-related to the popularity of the Platform.

INITIAL PHASE OF OFFERING BeANKH TOKEN:

To make in-app purchase in BeANKH platform BeANKH token is and will be the only currency initially. But some clients who lack technical expertise may find acquiring BeANKH token difficult. For them, BeANKH platform may offer fiat payment options. But it is to be mentioned that fiat payment may cost more. After crowdsale no token will be mined. Some certain paid services are available for communicating with third parties and other digital personalities outside of BeANKH Environment.

ICO MECHANICS OF BeANKH TOKEN:

The Initial Coin Offering smart contract will determine the beginning and end dates of crowdsale and other systems related to milestones and budget allocations. The token of BeANKH platform will be of ERC20 standard compliant token. At the beginning, ICO Campaign will distribute this coin. Contributiors may attain tokens at less price by impawning an established amount of Ethers (ETH) into the smart contract of token sale.One should have an ETH wallet to receive BeANKH token and provide the wallet address to the authority to participate in Initial Coin Offering Campaign. Exchange wallets should not be used to receice BeaNKH token. To participate in crowdsale one must has to agree with certain terms and conditions before participating.

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The purchaser should be aware of ICO contract address and initiation and end time of ICO campaign. They must have a specific amount of Ether to contribute in BeANKH platform. Users having currencies other than ETH has to use third party conversion service to get ETH and this is how they can take part in crowdsale and collect BeANKH token. Among 650.000.000 of total token, 450.000.000 tokens are for sale which makes 69% of total token.

IMPLEMENTATION OF BeANKH TOKEN:


BeANKH platform offers digital immortality using Ethereum blockchain technology. The emergence of this technology allows to copy human thinking process, attitudes and behaviors of human being and to preserve it after someone’s death. Even BeANKH platform offers immutability of collected data using Ethereum blockchaing technology which can be passed to the next generation of a person after his death. To get in touch with this service one has to possess BeANKH token which one might collect through aforementioned procedure. BeANKH aims to allocate 45% of its budget fof research and development of this platform.
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