And that is what makes this community fantastic. No need to apologise at all. As Ani said we all should thank each other. Without anyone here from the team to us guys none of us would be here.
I have actually just recommended a good friend of mine to invest as well , what sealed the deal for me was how amazing everyone was in the group for the equity sale
Topic: [ANN][SOLD OUT] BABB - Bank Account Based Blockchain - page 12. (Read 45153 times)
I have actually just recommended a good friend of mine to invest as well , what sealed the deal for me was how amazing everyone was in the group for the equity sale
This one and another one I am a member of , won’t say the coin as it will prob be against rules, don’t have that cult feel to it from people hoping to be rich tomorrow. It’s almost like it’s crypto for adults.... I love it
This one and another one I am a member of , won’t say the coin as it will prob be against rules, don’t have that cult feel to it from people hoping to be rich tomorrow. It’s almost like it’s crypto for adults.... I love it
I'm just curious, not a lot of money has been spent on marketing for the crowdfunding, no? I feel like it was just around the community and whatever one-on-one talks you've had with big investors
You will be able to convert BAX into fiat, at the moment GBD. If it can be done straight from a bank account hasn't been confirmed yet. Stay tuned for more details! 
Its a good point. The technology will not necessarily be an important aspect to them. They simply want a concept/product which works for them and helps to make their everyday lives easier and empowers their financial freedom. That said the app still has to function seamlessly
People using BABB will not be dealing in BAX tokens as such. As far as they will know it will be their local currency. They will have no reason to know the bax token even exists.
people like us, who are interested in crypto, yes. It is good for us to have basic knowledge of it
people like us, who are interested in crypto, yes. It is good for us to have basic knowledge of it
No problem! The BAX token is used under the hood to operate the services of the platform across all the geographies and jurisdictions served by the platform.BABB supports traditional banking functions such as transfers, payments, cash in/out, as well as other peer-to-peer transactions using smart contracts. BAX is a token which basically is the gas for any transaction on the BABB platform.
Tell me please what in what terms does the team of BABB expects to get a banking license?
Hey there Veter 2000.
That's a good question, what do you mean by "terms"?
BABB will have to apply for a banking license like any other company should, there is no exception.
From the last upadte from the team:
"The board has just signed off the regulatory business plans which will now be issued to regulators in the UK and Lithuania as part of our banking license applications in these jurisdictions.
These hefty documents created by Paul and his team are over 200 pages long and include key details of project delivery, governance, financials, risk management and compliance.
Lucy McClements, regulatory adviser, has been working closely with the team to prepare these documents and Ani interviewed Lucy during one of her visits to the office. "
https://medium.com/babb/progress-report-6-10-07-18-35cdb1a920a6
I'm sorry, I did not express myself accurately enough. I wanted to clarify at what time the team is waiting for a license? Judging by the road map, this should take place before Q1 2019, when the full launch of the platform is planned?
Check out this AMA video with Paul and Adam. They discuss timelines for applications and outline the steps required for applications
https://www.youtube.com/watch?v=gJalmGRhFAI
Tell me please what in what terms does the team of BABB expects to get a banking license?
Hey there Veter 2000.
That's a good question, what do you mean by "terms"?
BABB will have to apply for a banking license like any other company should, there is no exception.
From the last upadte from the team:
"The board has just signed off the regulatory business plans which will now be issued to regulators in the UK and Lithuania as part of our banking license applications in these jurisdictions.
These hefty documents created by Paul and his team are over 200 pages long and include key details of project delivery, governance, financials, risk management and compliance.
Lucy McClements, regulatory adviser, has been working closely with the team to prepare these documents and Ani interviewed Lucy during one of her visits to the office. "
https://medium.com/babb/progress-report-6-10-07-18-35cdb1a920a6
I'm sorry, I did not express myself accurately enough. I wanted to clarify at what time the team is waiting for a license? Judging by the road map, this should take place before Q1 2019, when the full launch of the platform is planned?
Q4 is the launch of the Alpha. The full platform launch will be 1st Q of 2019.
The Babb team's equity sale target of £1.5M GBP needs to be reached first before they can proceed to the next step of the application process. Currently 97% of the Equity Sale Target has been met.
Tell me please what in what terms does the team of BABB expects to get a banking license?
Hey there Veter 2000.
That's a good question, what do you mean by "terms"?
BABB will have to apply for a banking license like any other company should, there is no exception.
From the last upadte from the team:
"The board has just signed off the regulatory business plans which will now be issued to regulators in the UK and Lithuania as part of our banking license applications in these jurisdictions.
These hefty documents created by Paul and his team are over 200 pages long and include key details of project delivery, governance, financials, risk management and compliance.
Lucy McClements, regulatory adviser, has been working closely with the team to prepare these documents and Ani interviewed Lucy during one of her visits to the office. "
https://medium.com/babb/progress-report-6-10-07-18-35cdb1a920a6
I'm sorry, I did not express myself accurately enough. I wanted to clarify at what time the team is waiting for a license? Judging by the road map, this should take place before Q1 2019, when the full launch of the platform is planned?
Gaurav Rana joins BABB as CTO
We’re very excited to introduce our new CTO, Gaurav Rana. He’s taking over development of the app and blockchain platform and will be responsible for everything related to BABB’s technology.
Gaurav is currently in Bali and will be heading to London as soon as his visa arrangements are sorted. He’s very excited to join the team and he has recorded a special message, just for you…
https://www.youtube.com/watch?v=VpBDrEEuXVE
Follow this link for the blog post - https://medium.com/babb/gaurav-rana-joins-babb-as-cto-58b4e642a456
We’re very excited to introduce our new CTO, Gaurav Rana. He’s taking over development of the app and blockchain platform and will be responsible for everything related to BABB’s technology.
Gaurav is currently in Bali and will be heading to London as soon as his visa arrangements are sorted. He’s very excited to join the team and he has recorded a special message, just for you…
https://www.youtube.com/watch?v=VpBDrEEuXVE
Follow this link for the blog post - https://medium.com/babb/gaurav-rana-joins-babb-as-cto-58b4e642a456
Tell me please what in what terms does the team of BABB expects to get a banking license?
Hey there Veter 2000.
That's a good question, what do you mean by "terms"?
BABB will have to apply for a banking license like any other company should, there is no exception.
From the last upadte from the team:
"The board has just signed off the regulatory business plans which will now be issued to regulators in the UK and Lithuania as part of our banking license applications in these jurisdictions.
These hefty documents created by Paul and his team are over 200 pages long and include key details of project delivery, governance, financials, risk management and compliance.
Lucy McClements, regulatory adviser, has been working closely with the team to prepare these documents and Ani interviewed Lucy during one of her visits to the office. "
https://medium.com/babb/progress-report-6-10-07-18-35cdb1a920a6
Tell me please what in what terms does the team of BABB expects to get a banking license?
BABB is one of the top ten blockchain startups according to @StartupTV
http://startuptv.io/insights/wie-kann-blockchain-verwendet-werden/
http://startuptv.io/insights/wie-kann-blockchain-verwendet-werden/
BABB recently held a merchandise contest and picked the winners over livestream. If you entered, check out the vid here- and make sure to check your email for the message BABB sent to all participants.
https://www.youtube.com/watch?v=zwyH6gwkD3s
https://www.youtube.com/watch?v=zwyH6gwkD3s
And that if isn't not what events before release of the application, the price can fall even below...
Babb employs experts for application creation or at Babb the employees do the application...
Babb employs experts for application creation or at Babb the employees do the application...
Sorry for the confusion, there are actually two separate types off applications running in parallel.
BABB intends to apply formally for a banking license very soon which may be referred to as an application
BABB is also developing a software application on which the transactions will be made. They have recently partnered with Intellectsoft award-winning app and software development company.
Check it out : https://medium.com/@BABB/announcing-partnership-with-intellectsoft-fe9257326690
We need to understand that with the reach and openness of our industry, there will be no barriers to entry.
Teenagers may join, and they have still not developed critical thinking skills.
The best we can do to combat this type of FUD is to come back at them with facts.
If they don't want to listen to facts, at least the rest of the community can read both sides.
Teenagers may join, and they have still not developed critical thinking skills.
The best we can do to combat this type of FUD is to come back at them with facts.
If they don't want to listen to facts, at least the rest of the community can read both sides.
Thank you for all of your hard work! The progress so far is amazing. An incredibly professional team, impressive lineup of advisers, excellent partnership with a successful development company, equity sale... And all the while you somehow manage to put up with us ungrateful lot I'm excited for the product release and marketing to start!
And that if isn't not what events before release of the application, the price can fall even below...
Babb employs experts for application creation or at Babb the employees do the application...
Babb employs experts for application creation or at Babb the employees do the application...
Register to receive the business plan here : https://babb.activehosted.com/f/7
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