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Topic: [ANN] [ICO] MMRS - Money transfer and cash withdrawal on blockchain - page 84. (Read 11093 times)

member
Activity: 196
Merit: 10
what is the uniqueness of your project? which country is your main market?

We have working TaxFree4U app that provides the service in the following countries:
France
Germany
Italy
Spain
United Kingdom
Finland

Mobile Bank4YOU
Best fin-tech specialists have been developing our app.
Bank4YOU app can be downloaded in App Store (Apple) and
Play Market (Google).
Thanks to the careful application testing on different target
groups we created the application,
which can be effortlessly used by customers

You can download the application at this link:
https://itunes.apple.com/ua/app/bank4you/id1069036395?l=ru&mt=8
https://play.google.com/store/apps/details?id=uk.bank4you.client

Bank4YOU Group’s ‘Mobile Money Remittance System’ will set a new trend in international money transfers
and will contribute to the creation of fast, convenient, and secure money transfers worldwide.
The mobile app will also enable financial  inclusion for people who are in desperate need of easy access to
financial services in countries across Africa, Asia, and Latin America. It would also lead to new opportunities
for businesses, financial institutions, and mobile network operators to use crypto currencies.
newbie
Activity: 30
Merit: 0
what is the uniqueness of your project? which country is your main market?
member
Activity: 196
Merit: 10
I just looked at your website and saw that all your discounts ended still in December and you have no other bonuses? Nothing left? Maybe referral program?

Yes, referral program, you can also take a use of our bundle of tokens deal and get 2-28%. Just scroll a little down.
member
Activity: 168
Merit: 10
I just looked at your website and saw that all your discounts ended still in December and you have no other bonuses? Nothing left? Maybe referral program?
member
Activity: 196
Merit: 10
Did I understand correctly? I will receive bonus tokens only after that I and my referral had bought tokens?


yes, exactly
member
Activity: 84
Merit: 10
Did I understand correctly? I will receive bonus tokens only after that I and my referral had bought tokens?
member
Activity: 196
Merit: 10
I'm watching your product and i think it is great! so if i want to transfer money from uk to bangladesh, i can do it with this application?


In our model we took into account the international experience in this issue and made a state of art application that will allow account balance funds withdrawal in local currency of partnering mobile network operator or in MMR tokens. yes, you can do it in our application
You can download the application at this link:
https://itunes.apple.com/ua/app/bank4you/id1069036395?l=ru&mt=8
https://play.google.com/store/apps/details?id=uk.bank4you.client
member
Activity: 112
Merit: 10
I'm watching your product and i think it is great! so if i want to transfer money from uk to bangladesh, i can do it with this application?
member
Activity: 196
Merit: 10
I think your project is interesting. But I see two types of tokens. Can you explain?

I also looked at BFY and MMR. So BFY will be non existing after ICO? Why should I buy BFY now?

The Bank4YOU Group (BFY) ICO token on the Ethereum platform will be implemented for those keen on long-term profit from system activities. The BFY token will allow profit on transactions and through other financial operations in the system. Besides, the BFY token holder will be allowed to purchase MMR tokens on discounted price, which means cheaper services on cross-border transfers.
member
Activity: 182
Merit: 10
I think your project is interesting. But I see two types of tokens. Can you explain?

I also looked at BFY and MMR. So BFY will be non existing after ICO? Why should I buy BFY now?
member
Activity: 196
Merit: 10
I think your project is interesting. But I see two types of tokens. Can you explain?

BFY token is crowdfunding instrument made on Ethereum blockchain while MMR token is designed to be a stable inner currency. All the operations inside the system Bank4YOU use MMR, which is not influenced by the volatility.
member
Activity: 196
Merit: 10
I think your project is interesting. But I see two types of tokens. Can you explain?
member
Activity: 196
Merit: 10
Hello, I want to buy your tokens. How much money should I have to that?

Hello! The minimum sum of BFY tokens to purchase is 500 BFY. 1 BFY costs $0,21. The exchange rate in case of payment in BTC, ETH is fixed at the market level (in US dollars for unit of crypto currency) on the date of receipt of the payment.  So that is 105 USD that you should have minimum.
member
Activity: 182
Merit: 10
Hello, I want to buy your tokens. How much money should I have to that?
member
Activity: 196
Merit: 10
Hello! As far as I know US citizens are not allowed. But what if I have double citizenship?

Thanks for your question!
Pretty simple, you can participate in ICO using your ID from second citizenship.
member
Activity: 196
Merit: 10
Hello1 It`s interesting, whom do you consider competitors? And how are you better?


Thanks for your very good question!
Many companies which provide money remittance can be considered as competitors ( like Western Union, WorldRemit ). To respond to these competitors , users will be provided with:
- Lower money remittance fees than what compatible services offer.
- As low volatility as possible of the means of payment.
- Simplicity of conversion into other means of payment and B2C interaction, which implies:
Wide network of existing agents capable of cashing out a payment tool or, conversely, accepting cash in exchange for electronic money (more convenient to handle and/or to transport) Bank4YOU Group plans to develop the business in the countries with already formed market of mobile money, hence the expenses connected with creation of dealer and agency networks won’t incur.
Possibility of automatically converting one payment tool into another means of payment – mobile money and at electronic money.
Possibility of buying/selling goods and services using a means of payment
Micro-crediting system
member
Activity: 84
Merit: 10
Hello! As far as I know US citizens are not allowed. But what if I have double citizenship?
member
Activity: 84
Merit: 10
Hello1 It`s interesting, whom do you consider competitors? And how are you better?
member
Activity: 196
Merit: 10
OK, What do I need to start money remmitence? any documents for sending money for my natives abroad?

To send money abroad you will need only smartphone with installed app and the amount of money ( in MMRS tokens) you wish to send. No additional documents needed.
member
Activity: 196
Merit: 10
Hello! Your project is very big. I`m sure you went through challenges is the creating process?

Yes, there were a few:
- for the free functioning of the remittance system both within and outside a country, there is a strong need for the absence of restrictions on part of the financial regulator of that particular country (the central bank), along with the availability of open markets.
- for banking services to function properly, a large amount of digital infrastructure and user identification tools are needed.
-  users have to choose a solution that exists in the market but would be more expensive and will not be cross-border
The project is solving these challenges. Bank4YOU Group plans to spend crowd funded means on elaboration of its system of mobile money, development of new software, incorporation of microcrediting system, and new financial services based on Blockchain.
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