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Topic: [ANN][SOLD OUT] BABB - Bank Account Based Blockchain - page 14. (Read 45141 times)

sr. member
Activity: 728
Merit: 250
Although price of BAX token has declined but seeing the project in context of equity crowdfunding and future's banking services its looks more an opportunity. I hope the issue appeared on the back-end of portal of crowdcube has been resolved or will be sooner. Another very interesting chatting had been made available to look at the other aspects as well.
jr. member
Activity: 83
Merit: 1
Im excited how this company will go far in the future and considering if they got approved for banking license then this is maybe one of the most successful attempt to build a bank that will use blockchain and bax tokens to power this blockchain bank I can see some new projects like this and Im sure they inspired from babb.

Hello Ice18,

I must confess that the BABB team is excited to have you as one of its supporters, and people like you make them feel loved and the need to ensure that they become and stay successful in all the set goals as contained in the roadmap and Whitepaper.

Also, I am happy to inform you that at the moment, the team is in the process of applying for a banking license, and they are optimistic about their chances of being approved for the banking license.

Once again thank you for your unending support Smiley
hero member
Activity: 2492
Merit: 542
Im excited how this company will go far in the future and considering if they got approved for banking license then this is maybe one of the most successful attempt to build a bank that will use blockchain and bax tokens to power this blockchain bank I can see some new projects like this and Im sure they inspired from babb.
member
Activity: 350
Merit: 10
Expected BABB will ever obtain a bank license?
definitely, that is why the team are going through the application in the first place
member
Activity: 389
Merit: 11
BABB Featured on CityAM UK blockchain startup launches equity crowdfunding round - http://www.cityam.com/289106/uk-blockchain-startup-launches-equity-crowdfunding-round
member
Activity: 406
Merit: 12
BABB's equity crowdsale competition

Hey guys!

We have created limited edition “sharehodler” keep cups, t-shirts and backpacks to celebrate our equity crowdsale.

We are the first ever blockchain startup to give our community the chance to become equity investors and hold shares in the company. We’re raising money to fund the minimum capital requirement for the banking licenses.

You can invest and buy your shares in BABB here

To get your hands on one of 30 exclusive limited-edition merch bundles, including the brand new keep cups, t-shirts and backpacks, simply enter your email address below. You can get extra entries into the competition by getting your friends involved too.

Check out this video for more details -> https://www.youtube.com/watch?v=92zbhPRU3k0

Competiton site -> https://sharebabb.com/giveaways/win-limited-edition-equity-crowdsale-sharehodler-merch/
member
Activity: 406
Merit: 12
Valuation update for equity crowdsale

Check out the latest update regarding the equity crowdsale of BABB - https://medium.com/@BABB/valuation-update-for-equity-crowdsale-ad781f428057
full member
Activity: 630
Merit: 103
TOKPIE


Progress report #6 — 10.07.18
Taking stock of the past month’s news from BABB HQ
Somehow we have already reached the second Tuesday in July, and it’s time for another round up of all the progress since mid June.

It is hard to believe almost six months have passed since we launched the token pre-sale on 15 January. The pace of work has ramped up another notch in the past few weeks and it’s incredibly exciting to see the project taking shape.

Read on for the highlights of the past month, including exclusive interviews, partnership announcements and more.
https://medium.com/babb/progress-report-6-10-07-18-35cdb1a920a6
member
Activity: 389
Merit: 11
Hey everyone, check out the June roundup...


https://www.youtube.com/watch?v=a2Dp5OSo8Ec
jr. member
Activity: 83
Merit: 1
Expected BABB will ever obtain a bank license?

This is the team's priority at this time. We are confident that the Bank license will be acquired as all our efforts is geared towards achieving this task.

You can watch our latest video with Lucy. She's got loads of experience and will be helping us to acquire the licence:

https://www.youtube.com/watch?v=F3BGJFRFHBE

However, It should be noted that although BABB is applying for a UK Banking licence, it is not a necessary requirement to enable us to achieve the goals laid out in this whitepaper. Having a UK Banking licence will enable us to hold customer deposits, however, as we are already an FCA Authorised Payment Institution (API) we can already integrate with partner banks to hold our customer deposits and access the wider payment network.
jr. member
Activity: 98
Merit: 1
Expected BABB will ever obtain a bank license?
legendary
Activity: 1876
Merit: 1003
I hope some exciting news will come very soon we have good chance to accumulate it looking bull run will take place now it has more good chance there. BABB is legit project and community is supporting them so it will become really huge.
sr. member
Activity: 728
Merit: 250
I have come to know many new things via this company's valuation update to understand and enhanced my existed information. I almost got the formula of valuation and potential seeing how many things are excluded at the time of valuation. Once the things are connected in future valuation will be much more based on these estimates.
NrX
sr. member
Activity: 770
Merit: 254
It is good to increase the number of Bax if you can't buy equity. That is unique chance at best rate to become share holder of a bank which is being built with the idea to connect the traditional banking with crypto in seamless way. I see huge potential because of the features and purposes of the making of this bank. Price will not remain this way forever.
jr. member
Activity: 168
Merit: 1
I look at coin and I find BAX to be one of my hold options. BAX has a great community, good ideas, clear plans, professional teams and an in-depth understanding of the blockchain.
jr. member
Activity: 98
Merit: 1
The BABB project includes some of the best things: an excellent team, a great product, great ideas, great start! I am sure the project will succeed in this market!
jr. member
Activity: 61
Merit: 1
BABB evaluation! the breakdown of how we valued our company.
Check it out guys!
https://medium.com/babb/how-we-valued-our-company-ede537c8edfd
member
Activity: 252
Merit: 10
that is, if the person doesn't pay the credit, then through court from him will select money?
plant louses to the investor pay insurance, and Babb will have legal proceedings with the debtor? So?


More details in regards to the loans mechanism will be published soon. According to the details we have now-  there would be an Insurance, and only clients who reached the third tier of the KYC can ask for a loan. Without ID is to just lower the access barriers to our app, then if users want to do more they have to provide IDs. If someone doesn't pay back he will get a very bad credit score and the insurance will cover it.
newbie
Activity: 252
Merit: 0
that is, if the person doesn't pay the credit, then through court from him will select money?
plant louses to the investor pay insurance, and Babb will have legal proceedings with the debtor? So?
newbie
Activity: 247
Merit: 0
Such a great team and such good positive energy. One day we will look back and think how lucky we were to have been part of this project so early on.
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