Topic: [ANN][SOLD OUT] BABB - Bank Account Based Blockchain - page 15. (Read 45153 times)
The Babb team do not hide or try to shy away from the fact that it's a challenge to get a banking license. Look at their most recent video. A realistic team with goals and support is a team that will succeed. Go team Babb!
When do you find out wheather or not you have been given the banking license for UK?
Ok, one last question for now. How do you plan on releasing the rest of the bax tokens into circulating supply?
Ok, one last question for now. How do you plan on releasing the rest of the bax tokens into circulating supply?
1. Regarding the BOE banking licence:
From submitting the application it can take up to 12 months to obtain the full licence but we’re aiming to make it in 9 months
2. Launching the product will drive new demand for BAX and therefore we will supply the market. BABB thinks it makes sense to release a second tranche of tokens once the platform is live and BAX is of practical use, rather than selling them all now. There would be another 10bil BAX for sale to users. There may be a gradual release into the market of the additonal tokens (at market price): if appropriate and there is enough demand (which should not affect market price).
These are the conditions for the second phase of the token sale:
This won't happen until BABB will deliver:
a) a banking licence
b) at least one international partnership with a bank
c) a working product
Here is a short video about this:
https://www.youtube.com/watch?v=DpeiUS2YzjE
You can join the BABB discussion here: https://t.me/babb_official
How does babb plan to advertise to people in the harder to reach parts of the world that will make up the majority percentage of the currently unbanked?
Hi there,This forum makes it a bit hard to share documents and screenshots.
Come chat in the telegram group: https://t.me/babb_official
How does babb plan to advertise to people in the harder to reach parts of the world that will make up the majority percentage of the currently unbanked?
When do you find out wheather or not you have been given the banking license for UK?
Ok, one last question for now. How do you plan on releasing the rest of the bax tokens into circulating supply?
Ok, one last question for now. How do you plan on releasing the rest of the bax tokens into circulating supply?
Here's some information on the app - We had an app prototype built and functioning on a test ethereum-based blockchain. We're now taking the chance to rebuild it for 3 platforms (web, Android, iPhone), and we want to go beyond the prototype. The largest complexity is not in building the app though, it's in meeting the regulatory issues so we can deal with fiat. We're making good progress, and will announce an _alpha_ here on the channel in a few months, so people here will have the chance to test it first hand.
Announcing: partnership with Intellectsoft
Award-winning software dev company are assisting us to build the app & blockchain platform.
We are excited to tell you that we have expanded our technical resource by partnering with award-winning app and software development company Intellectsoft.
https://medium.com/babb/announcing-partnership-with-intellectsoft-fe9257326690
Award-winning software dev company are assisting us to build the app & blockchain platform.
We are excited to tell you that we have expanded our technical resource by partnering with award-winning app and software development company Intellectsoft.
https://medium.com/babb/announcing-partnership-with-intellectsoft-fe9257326690
2. BAX airdrop for everyone who participated in the token sale, and all equity crowdsale investors.
BAX airdrop keep going on ? who can tell me some infomation about that ?
Hey icohunter1024 and ngochung.vu2903
The airdrop will be distributed if the target will be reached.
The BAX airdrop will now be divided equally between everyone who participated in the token sale and all equity crowdsale participants.
More details will be shared if the goal will be reached.
For more details, please join the equity crowdsale -> https://t.me/BABBequity
BAX airdrop keep going on ? who can tell me some infomation about that ?
2. BAX airdrop for everyone who participated in the token sale, and all equity crowdsale investors.
what if you have already invested in the private round? The amount that you will add now, will be part of the public round of the equity crowdsale?
The will be treated as two seperate purchases, one in the private sale and the other in the public sale.
what if you have already invested in the private round? The amount that you will add now, will be part of the public round of the equity crowdsale?
I really like this project. Teamwork is full of positive and work. The fact that there are already advantages from participating in ICO, speaks volumes, given that there is a consolidation of the market.
On crowdcube is live, does BABB have any plans for an airdrop program? BAX is making a promise about their roadmap, I believe they will bring the project to success!
Yes there are plans for an airdrop if the target is reached:
We want to reward all our early backers with a bit of extra BAX, and we also think it’s important for all equity investors to own BAX ahead of the product launch. That’s why we’re offering
1. BAX bonus for the private round — get 40 BAX tokens for each £1 you invest on CrowdCube (minimum investment £100); and
2. BAX airdrop for everyone who participated in the token sale, and all equity crowdsale investors.
https://medium.com/babb/why-buy-equity-shares-in-babb-d9605bd85d16
On crowdcube is live, does BABB have any plans for an airdrop program? BAX is making a promise about their roadmap, I believe they will bring the project to success!
I’m an adult and a professional investor. I can assure you I’m not expecting any lambo handouts. But there is no mathematical or common sense to not issue the airdrop in a fair proportional way. That’s my opinion. I won’t go on about it any more.
I don’t really see the problem with the BAX airdrop as celebration.. most of you thinking it should be “per ratio” will probably end up with less BAX in the airdrop, unless you bought over 20m BAX at the ICO. But besides that, as Ani said it’s a little celebration airdrop. When you’re getting married, you have the same “thanks for joining”-gift for all your guests right? You don’t make separate gifts for every person “per ratio” of their friendship level or whatever.
They got amazing response from the people now only few hours left to grab this golden chance to become share holder into this equity crowdsale. Although it looking hard to achieve the hard cap but we still have sometime to attract big investors and keep continue.
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