A recent article from a Lithuanian newspaper regarding Bankera (Google translated from Lithuanian to English - don't blame me for the bad English
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Mysterious Neobank with 100 Million dollars: Lithuanians are going to create new moneyVytautas Karalevičius' project “Bankera” is full of contradictions. More than 100,000 participants took part in the original bid of the crypto office. But they do not know who owns the Finalify Ltd, a company registered in the Virgin Islands. The head of Bankera talks about jobs created in Lithuania and his duty to his homeland, but soon he adds that there will be no prophet in his own country.
There are more interesting things to do with the neobank, including the exotic shopping in the Pacific, and the exotic politician Antanas Guoga, who has already retired from the project, and the futuristic sound of "new money". At the end of 2017 - at the beginning of 2018, the initial coin offering (ICO) of Bankera was named the largest in Lithuania's history and one of the largest in the world. It has a total sales of $ 10 billion. over $ 7.7 billion. The unsold part is assigned to ICO participants with BNK tokens, counting the additional amount according to the proportional formula. Interview DELFI V. Karalevičius said that Bankeras ICO had participated in over 100 thousand individuals. The value of the tokens sold is estimated to be over $ 100 million. USD. "We've released a very small part," he said. -
The funds are used to develop new financial services and other Bankera related products. They are also designed to be used in loan portfolios, to develop other financial products that enable users to use both conventional and cryptographic. ”The interlocutor explained that his team's goal is to combine the worlds of cryptovites and traditional finance. “In the first phase, these products and services will only be offered to foreign markets, giving priority to those countries that have established clear and stable market regulation rules for cryptographic companies. In the future, as the regulation goes ahead, it is planned to offer some of the services and products to the Lithuanian market, having prepared and received the appropriate permits, ”said V. Karalevičius.
V. Karalevičius explained that all participants of Bankeras ICO had to confirm their identity. "We know who these people are," he said. According to him, unlike some other ICO projects, Bankera does not have large investors. “There are bigger ones who bought tokens for 5,000. "There are people who are very small," he said. V. Karalevičius taught that the purpose of their ICO was not only the funds but also the creation of the community. “The value is not only in the money itself, but also in marketing, because there are people who help, are interested, give insight into what you are doing wrong, what is good. They are the first users to believe in you. Some of them knew us before, because we were our customers, knew how we were working, what services we provided, what we were able to do, ”he said.
V. Karalevičius can be called a cryptovist veteran. In 2013, together with his partners Justu Dobiliauskas and Mantas Mockevičius, he established a virtual currency exchange company SpectroCoin. Later, the company offered a virtual currency purse, a crypto payment collection service, and finally a payment card that could be added to bitcoins.
As noted in the SpectroCoin website, its business development is carried out by
Spectro Finance Ltd, registered in the United Kingdom. According to Companies House, this company is managed by V. Karalevičius, M. Mockevičius and another corporation, Corporo Limited. SpectroCoin products are created by Spectro Finance, a Lithuanian company. According to the data of the Center of Registers, its shareholders are Ugnius Šimelionis, J. Dobiliauskas, V. Karalevičius and M. Mockevičius.
According to Sodra, Spectro Finance had 38 employees on May 13th."After reaching our original goals with SpectroCoin, we applied the payment institution license in Lithuania in 2016 so that we could expand our business by offering and regulating services. In 2017, we received a license from a payment institution, we searched for a name for our neobank and we invented Bankera, - said V. Karalevičius. He taught that in the summer of 2017 he was in a situation where he had a profitable product with nearly 300,000. registered users, a team of 40 people and a clear vision.
“However, ICO projects have started to come on the market, and many of them have had an idea similar to ours, but with no product they collected tens of millions of euros. And we realize that we will have to compete with them in a dilemma: either we do ICOs, or we run the risk of closing down in the long run, because it would be difficult to compete with a few times better-funded competitors, ”he explained. V. Karalevičius emphasized that currently existing and created products are separated due to often unclear regulation.