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Topic: [ANN][SOLD OUT] BABB - Bank Account Based Blockchain - page 19. (Read 45141 times)

member
Activity: 238
Merit: 10
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: 210
Merit: 0
You continously talking of some sort of insurance that would cover in case loans are not getting payed back..hows that pool of insurance kept liquid ?sorry if that might sound stupid..i dont have a degree in financials or banking..
legendary
Activity: 1526
Merit: 1003
The private round will open at 12pm London time on Tuesday 19 June. The private round is reserved exclusively for BABB friends and family and BABB's existing community, including everyone who participated in the token sale and has discovered us since February.

I'm quite sure this round will be very successful because of mind blowing performance by the team and they have great approach for the future of this project. I think this is nice opportunity to get shares into that bank and it will give us chance to make secure our future.
jr. member
Activity: 280
Merit: 6
The private round will open at 12pm London time on Tuesday 19 June. The private round is reserved exclusively for BABB friends and family and BABB's existing community, including everyone who participated in the token sale and has discovered us since February.
newbie
Activity: 207
Merit: 0
have we not seen enough episodes of dragon's den to know that valuing your company on future potential is a really bad idea. What assets, IP and product do they have right now to be valued at £100,000,000
member
Activity: 294
Merit: 11
 they're not exactly making it a lucrative investment for people if they're already valuing themselves as if they DO have a banking license.
newbie
Activity: 266
Merit: 0
Sounds like you haven't actually read the documents they provided that show how they came up with the valuation. Or you just didn't understand them because you get your knowledge from tv
full member
Activity: 457
Merit: 100
I also have registered myself by filling the short form to receive invitation to participate in private funding. Few hundreds of contribution I also can make. This is another promised delivering by providing us chance to be early investors and share owners. They gave reason why they can't use funds from ICO and that makes it transparent and understandable.

This "equity private round" is looking strange for me. Did they mentioned it before in WP? Afaik, presale and ICO is already over and Hard Cap reached.  Roll Eyes
jr. member
Activity: 252
Merit: 1
Progress update #5–12.06.18


Welcome to the banking license special edition.
It’s time to catch up on our recent progress! June is shaping up to be a defining moment in the BABB story, with several new developments coming to fruition.

Read on for a full report on the main events of the past month…

https://medium.com/babb/progress-update-5-12-06-18-a51b0fb97ddb
hero member
Activity: 980
Merit: 500
It is very big news of the day seeing approval for BABB's privacy data related application. All the material in the article is showing possibilities and opportunities which future can bring. Anyways this is great beginning and one more reason to arrange money to secure some shares of bank.
legendary
Activity: 1526
Merit: 1003
Our application to patent our data privacy tech has been approved by the UK Intellectual Property Office!

 Great news Guys!

 Our application to patent our data privacy tech has been approved by the UK Intellectual Property Office.

 We have just had received approval from the UK Intellectual Property Office of our application to patent BABB’s data privacy technology. This is fantastic news, because it means the patent is available and we can get in first
 and claim the intellectual property.

 More info about our approach to data privacy can be found in this blog post: https://medium.com/babb/our-approach-to-data-privacy-b5c0730cb1e5

 And, also here is a great vid where Rushd is talking about our approach to data privacy  (click on the picture below for the video)



That is awesome news this is first step towards mainstream investors I believe this kind of hard work will bring more exposure and it will become very hot in future. This is undervalued and we have golden chance to buy more before it get too late.
member
Activity: 406
Merit: 12
 Our application to patent our data privacy tech has been approved by the UK Intellectual Property Office!

 Great news Guys!

 Our application to patent our data privacy tech has been approved by the UK Intellectual Property Office.

 We have just had received approval from the UK Intellectual Property Office of our application to patent BABB’s data privacy technology. This is fantastic news, because it means the patent is available and we can get in first
 and claim the intellectual property.

 More info about our approach to data privacy can be found in this blog post: https://medium.com/babb/our-approach-to-data-privacy-b5c0730cb1e5

 And, also here is a great vid where Rushd is talking about our approach to data privacy  (click on the picture below for the video)

full member
Activity: 322
Merit: 100
It is very exciting that BABB expands the possibilities of microeconomics, as well as improves life and creates new opportunities for people and business all over the world!
legendary
Activity: 1526
Merit: 1003
The list of benefits for every level of investor is looking very good. We surely will have every type of investors form smaller to bigger ones. Black-card is assured to everyone regardless of the amount you invest. It is very attractive package which will make this upcoming early private sale successful within hours with these bonuses.
jr. member
Activity: 229
Merit: 1
newbie
Activity: 13
Merit: 0
The project is very good and if you truly get on in realizing your plans, then I think it will be good!
legendary
Activity: 1526
Merit: 1012
You need to append token details to allow participants to get in the business!

They already posted update about that upcoming equity crowdsale everything given in details so you can read this. It will be easy for you to understand how this works and people will get more better position there by investing into this.
sr. member
Activity: 728
Merit: 250
I also have registered myself by filling the short form to receive invitation to participate in private funding. Few hundreds of contribution I also can make. This is another promised delivering by providing us chance to be early investors and share owners. They gave reason why they can't use funds from ICO and that makes it transparent and understandable.
newbie
Activity: 28
Merit: 0
You need to append token details to allow participants to get in the business!
sr. member
Activity: 826
Merit: 250
One share cost £1 and minimum investment is allowed £10. I am ready to own the share of Babb Group Ltd by pouring some money into this equity crowdfunding round. It will be great to become share holder of bank which has bright future being bridge between crypto and traditional currencies.
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