wow - thats a progress
In this blog post, we bring you the latest updates about the Bankera project. Since our last update, we have launched several exciting features which users can currently try at SpectroCoin.
First of all, we have launched IBAN’s for both: individuals and companies. Thus, just like in banks, clients can now make fast and secure transfers in the Eurozone.
We have also launched cryptocurrency powered cards. Unlike the previous pre-paid debit cards that required the users to pre-fund their cards before POS/cashing-out, the debit cards are now linked directly to the user’s active cryptocurrency wallet at all times and allow spending and cashing out cryptocurrencies such as Bitcoin, Ether or Dash seamlessly in your everyday life. Currently, these cards are only available to customers who reside at the European territory, however, we are developing a worldwide solution for our clients.
At the moment, we are also focusing on being able to provide deposit, withdrawal and exchange services for XEM before the ICO, since we have many NEM supporters among Bankera investors and we want to enable BNK purchase with a variety of different methods for our investors’ convenience.
Since our last update, we have also welcomed seven new team members in the IT, marketing and support departments which will help us to prepare more efficiently for the upcoming ICO.
We know you are awaiting for Bankera’s own debit cards and mobile app, which we are currently working on as well. In addition, as we have mentioned in our last update, we do not see the pre-ICO and ICO as just token sales: we want to develop a successful long-term project. Thus, we want to test all the new features we implement thoroughly before the ICO in order to ensure a smooth operation during our ICO. To match some of the development phase completion dates we have adjusted the ICO date. As a result, the ICO will take place at the end of November. The exact day will be announced by the end of next week in our official communication channels (please do not believe the news published in any unofficial channels).
During ICO 7.5 Billion tokens will be available for sale at the price of 0.017 EUR per token with soft caps of 0.001 EUR after each billion tokens sold. The sale will take place on SpectroCoin, so we recommend registering and pre-funding your accounts before the ICO.
I have a couple of questions please as a Pre-ICO investor
1)What does the 0.001EURs soft cap comment mean
'During ICO 7.5 Billion tokens will be available for sale at the price of 0.017 EUR per token with soft caps of 0.001 EUR after each billion tokens sold'
2) The above post says crypto currency cards have been launched
'the debit cards are now linked directly to the user’s active cryptocurrency wallet at all times and allow spending and cashing out cryptocurrencies such as Bitcoin, Ether or Dash' and further down it also implies that Bankera's own debit cards is still work in progress, can you please clarify?
3) Are the cryptocurrency cards mentioned above available immediately for investors based in Europe?
4) -Also is $150M ICO not a lot having raised approx. $23M in Pre-ICO why is so much fund required if the product is almost completed.
Hello,
You can also find the entire blog post here:
https://blog.bankera.com/2017/10/15/this-weeks-updates/.
It means that (1), after each billion tokens sold, the price will increase by 0.001 EUR.
At the moment (2/3), the cards are available through SpectroCoin.com, our MVP. In case you have doubts about ordering it, you can also contact SpectroCoin' support.
(4) 25M EUR were raised during the pre-ICO. Most of the capital raised with the pre-ICO and ICO will be put towards satisfying the capital adequacy requirement ratios and obtaining banking licenses in new jurisdictions; additionally, in order to offer loans to our customers, capital is needed. For more information on this, you can check our white paper, available at
https://bankera.com/Bankera_whitepaper.pdf (especially the section 5).
Therefore, the project has just begun, it is not 'almost completed'.