The project is very interesting, all the explanations have been well defined and the planning is strong.
Hopefully a solid performance can provide trust and support so much that BAANX runs smoothly and successfully.
Topic: [ANN] [ICO] BAANX - The Cryptobank Revolution - page 12. (Read 14277 times)
Interesting concept that once carried in this project, the success that has been achieved by another project some sort of banking and it looks like this project began to provide creative ideas and brilliant. In this case the BAANX will get you the best confidence from investors and supporters. Hope BAANX can be smoothly and achieved success.
There is no doubt about it. the project is indeed a really good one. and I am sure that the team will be working hard with both.they have prepared all with very ripe to make this project a success.
Interesting concept that once carried in this project, the success that has been achieved by another project some sort of banking and it looks like this project began to provide creative ideas and brilliant. In this case the BAANX will get you the best confidence from investors and supporters. Hope BAANX can be smoothly and achieved success.
an interesting project, I see the project has good prospects. Hopefully this project can be a great success and can give satisfactory results. success for this project.
EDITED
Thanks Justin, great Bounty you’ve setup there. Much appreciated
Guys don't miss the bounty ! https://bitcointalksearch.org/topic/bounty-baanx-the-cryptobank-revolution-3043473
Thank you for your support. Baanx.com - we chose that because it has a "ring" to it and a 5 letter domain - the project was called "Optimal Search" prior to this.....which really doesnt! This is the name our FCA registration is in.
Roadmap is in Whitepaper - here you go:
https://baanx.com/docs/baanx-whitepaper.pdf
Sorry cant get on here, not sure why it won't list the screenshot - Il get one of the team to sort this out.
Roadmap is in Whitepaper - here you go:
https://baanx.com/docs/baanx-whitepaper.pdf
Sorry cant get on here, not sure why it won't list the screenshot - Il get one of the team to sort this out.
This is the third project in a row that I watch does not have any official data about the team. On that you hope creating such themes? You think I went in once, and then the second go in? unfortunately there's no time twice you to view the exact same topic, which immediately failed to interest me.
I wish you had time to visit the website once, there you go about team : http://www.baanx.com/#advisors
There are similarities to this, I agree.
Main differences though are that:
1) Baanx.com Platform and system manages back office and customer support through automation and AI (robo-advisors provided by 3rd party tech partner)
2) Baanx.com system manages all Cryptobank operations within the system in phase 1 - as because of licensing regs you need to maintain control of the Cryptobank operations.
3) As new Baanx.com Cryptobank brands grow they can (at critical mass) break away from the automated system and (if they wish) actually run with their own license to have greater control over the operational elements of the Cryptobank.
4) You don't "buy in" as we are choosing Brands and Social / Charities who have strong brand followings - Baanx.com is running an ICO to make this almost free to manage - they then market to their customer followings.
So in short Baanx.com platform manages the Cryptobank for them - the Brands are marketing it - until they get their own licenses and are big enough - then they can have much greater input into more variables as we release smart contract based elements in v2.
Main differences though are that:
1) Baanx.com Platform and system manages back office and customer support through automation and AI (robo-advisors provided by 3rd party tech partner)
2) Baanx.com system manages all Cryptobank operations within the system in phase 1 - as because of licensing regs you need to maintain control of the Cryptobank operations.
3) As new Baanx.com Cryptobank brands grow they can (at critical mass) break away from the automated system and (if they wish) actually run with their own license to have greater control over the operational elements of the Cryptobank.
4) You don't "buy in" as we are choosing Brands and Social / Charities who have strong brand followings - Baanx.com is running an ICO to make this almost free to manage - they then market to their customer followings.
So in short Baanx.com platform manages the Cryptobank for them - the Brands are marketing it - until they get their own licenses and are big enough - then they can have much greater input into more variables as we release smart contract based elements in v2.
Well, thanks for the answers, I understood the approximate business model. It will be very powerful, if you realize your plans, I wish you the best of luck!
It's important that everyone get's their answers right because misconceptions are created once you get a bogus answer.
There are similarities to this, I agree.
Main differences though are that:
1) Baanx.com Platform and system manages back office and customer support through automation and AI (robo-advisors provided by 3rd party tech partner)
2) Baanx.com system manages all Cryptobank operations within the system in phase 1 - as because of licensing regs you need to maintain control of the Cryptobank operations.
3) As new Baanx.com Cryptobank brands grow they can (at critical mass) break away from the automated system and (if they wish) actually run with their own license to have greater control over the operational elements of the Cryptobank.
4) You don't "buy in" as we are choosing Brands and Social / Charities who have strong brand followings - Baanx.com is running an ICO to make this almost free to manage - they then market to their customer followings.
So in short Baanx.com platform manages the Cryptobank for them - the Brands are marketing it - until they get their own licenses and are big enough - then they can have much greater input into more variables as we release smart contract based elements in v2.
Main differences though are that:
1) Baanx.com Platform and system manages back office and customer support through automation and AI (robo-advisors provided by 3rd party tech partner)
2) Baanx.com system manages all Cryptobank operations within the system in phase 1 - as because of licensing regs you need to maintain control of the Cryptobank operations.
3) As new Baanx.com Cryptobank brands grow they can (at critical mass) break away from the automated system and (if they wish) actually run with their own license to have greater control over the operational elements of the Cryptobank.
4) You don't "buy in" as we are choosing Brands and Social / Charities who have strong brand followings - Baanx.com is running an ICO to make this almost free to manage - they then market to their customer followings.
So in short Baanx.com platform manages the Cryptobank for them - the Brands are marketing it - until they get their own licenses and are big enough - then they can have much greater input into more variables as we release smart contract based elements in v2.
Well, thanks for the answers, I understood the approximate business model. It will be very powerful, if you realize your plans, I wish you the best of luck!
This is the third project in a row that I watch does not have any official data about the team. On that you hope creating such themes? You think I went in once, and then the second go in? unfortunately there's no time twice you to view the exact same topic, which immediately failed to interest me.
Very confusing name you have it sounds like Bankex first I though that project started some kind of info but this is another project with similar name but good luck.
https://bitcointalksearch.org/topic/ann-bankex-proof-of-asset-protocol-2013627
https://bitcointalksearch.org/topic/ann-bankex-proof-of-asset-protocol-2013627
A perfect coin in the field of banking, hoping for good success
Where is your roadmap? I do not see them
There are similarities to this, I agree.
Main differences though are that:
1) Baanx.com Platform and system manages back office and customer support through automation and AI (robo-advisors provided by 3rd party tech partner)
2) Baanx.com system manages all Cryptobank operations within the system in phase 1 - as because of licensing regs you need to maintain control of the Cryptobank operations.
3) As new Baanx.com Cryptobank brands grow they can (at critical mass) break away from the automated system and (if they wish) actually run with their own license to have greater control over the operational elements of the Cryptobank.
4) You don't "buy in" as we are choosing Brands and Social / Charities who have strong brand followings - Baanx.com is running an ICO to make this almost free to manage - they then market to their customer followings.
So in short Baanx.com platform manages the Cryptobank for them - the Brands are marketing it - until they get their own licenses and are big enough - then they can have much greater input into more variables as we release smart contract based elements in v2.
Main differences though are that:
1) Baanx.com Platform and system manages back office and customer support through automation and AI (robo-advisors provided by 3rd party tech partner)
2) Baanx.com system manages all Cryptobank operations within the system in phase 1 - as because of licensing regs you need to maintain control of the Cryptobank operations.
3) As new Baanx.com Cryptobank brands grow they can (at critical mass) break away from the automated system and (if they wish) actually run with their own license to have greater control over the operational elements of the Cryptobank.
4) You don't "buy in" as we are choosing Brands and Social / Charities who have strong brand followings - Baanx.com is running an ICO to make this almost free to manage - they then market to their customer followings.
So in short Baanx.com platform manages the Cryptobank for them - the Brands are marketing it - until they get their own licenses and are big enough - then they can have much greater input into more variables as we release smart contract based elements in v2.
It turns out that this will be similar to the model of franchising, only in the banking sector? Do you give a brand and a platform and many different entrepreneurs develop it?
Hi, to answer your question - we have an FCA License in the UK for a business already in the lending sector - however we are currently in application journey within the EU (2 countries in particular).
So not issuing licenses - but "sharing" within our rule based platform. We are working towards sharing using smart contracts, currently we are allowing the re-branding of Baanx.com services and their release to a new Cryptobank brands customer followers / supporters.
There are a lot of things in development and in process at Baanx - and we are looking forward to releasing our "shared license" model - which will allow a large Cryptobank network of startup Cryptobanks *(in the names of established brands with existing customers to market to) very quickly (instead of each startup needing $20m and lengthy application process).
Result = fast growth of Cryptobank market to rival Traditional Bank sector = protection of Fiat to Crypto supply = using known brands increase rapid uptake of Cryptocurrency usage in the everyday and within Cryptobanks.
So not issuing licenses - but "sharing" within our rule based platform. We are working towards sharing using smart contracts, currently we are allowing the re-branding of Baanx.com services and their release to a new Cryptobank brands customer followers / supporters.
There are a lot of things in development and in process at Baanx - and we are looking forward to releasing our "shared license" model - which will allow a large Cryptobank network of startup Cryptobanks *(in the names of established brands with existing customers to market to) very quickly (instead of each startup needing $20m and lengthy application process).
Result = fast growth of Cryptobank market to rival Traditional Bank sector = protection of Fiat to Crypto supply = using known brands increase rapid uptake of Cryptocurrency usage in the everyday and within Cryptobanks.
So you are planning to issue banking licenses in the field of crypto-currency? Are they already confirmed by someone?
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