https://t.me/Baanxcom01/30054
Quote from: Garth Howat Baanx.com
Hello Baanx Community
Exciting news for us is the new deal which allows us to (subject to regulatory approval/compliance, expected to be received by end of 2018/start 2019) release full Banking functionality on the Baanx platform for launch in early 2019 - something which became so much harder over 2018 (with many competitors and similar businesses being completely blocked from achieving this goal).
The Baanx service will then include Cryptocurrency features and products with:
1) Debit Cards
2) Proper bank accounts / IBAN
3) Direct Debit functionality
4) Faster Payment System integration into current banking infrastructure.
We are bridging Crypto & Fiat Currency in one platform, with the decentralised focus of releasing multiple brands to enable mass user adoption.
As such, during the hard work and money all of us have already put in, we have found new opportunities to make Baanx the no.1 crypto financial services network in the world.
By February 2019 we will have, once the regulators approve this as expected, not only launched, but be fast growing and combining custodial wallets (already built), exchange integrations (already built) and all of our exciting cold storage functionality in an insured environment - with the banking functionality displayed above - across 32 countries, with a fast expansion road map across the rest of the world.
This isn't a dream! We are a long way down the road. However we all know that the real success of this token sale will only really happen when we launch the full service and platform - due to the changed market conditions this year.
At that point our tokens will fly off the shelves - as we have achieved our goal, a regulated platform, an alternative to banking which is growing across the world under many brand names.....
Therefore our advisors, board and many of our community have suggested we extend our token sale period, to have a "Final Token Sale" - with the expectation that we will have the platform launched, out there and during better market conditions.
Why is this better for you as Contributors to the Baanx project? We all know that better token sales, better success in the market and an operating, growing platform will mean that when we release on an Exchange the Token will be in high demand - especially due to the unique features of our exciting project.
As a sweetener for our current contributors we will be distributing bonus tokens of 10% of all the tokens you have purchased, by the start of our "Final Token Sale" period - then looking to achieve a final result of at least $20m, with all ratios adjusted and surplus tokens burnt - creating scarcity in the market.
The Final Token Sale period dates are to be announced during November, to time with the most appropriate successes and launches of the Baanx platform - but it is our expectation to be launching on an Exchange in early 2019, to capitalise on the success and release of the full platform, and enable use of the tokens there.
Our expectation is to Run the "Final Token Sale" period over the Christmas period and into early 2019 - close the sale with great success - and move our BXX token onto Exchanges at that point with our platform driving great demand and ensuring everyone is happy with all the work and effort we have put in to this huge task.
Everything we do here is to ensure the success of this project during a difficult period for Token Sales who have listed in recent months, protect the success of the project, and ensure that we deliver a fantastic platform where our users will be able to use their utility token - getting great value from the contribution they have made - and being part of a significant and exciting development in the world of financial services.
Thank you for your support to date, and I look forward to updating you with increased levels of exciting news as the Baanx Project delivers the products expected.
