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Topic: [ANN][SOLD OUT] BABB - Bank Account Based Blockchain - page 24. (Read 45141 times)

member
Activity: 252
Merit: 10
We are currently negotiating with several exchanges and discussions are going well but we cannot disclose anything more than this because we were explicitly asked not to by the exchanges until the enlisting of BAX is confirmed. When the listing happens everyone will be notified, but as you see we can't comment any further.

this is a great news, Since When are you in talks with exchanges? could do you said if BAX get listed on great volume exchange?
legendary
Activity: 1750
Merit: 1004
BAX official did not go to China propaganda, the Chinese people are very willing to buy encryption currency, and they have a lot of money to buy it.Because the Chinese government issued the yuan more than the American government issued the dollar. They like to buy crypto currencies on China's big three exchanges, OKEX,BIANCE,HUOBI. Pro. The price of bax will rise sharply if the exchanges are listed.

This is very young project give them few more time I'm quite sure this project will get succeed to make involve bigger community into this project. As like dev team is doing hard job this will helpful for this token to increase the demand and take place on bigger exchanges.
sr. member
Activity: 1988
Merit: 275
Fantastic news around us it is nice to read about development progress of this network. They are taking good step to keep assure the healthy growth of this project from my point of view this project has more potential than before after this kind of development.

Good to know that this project is moving at least. Sometimes the team's communication slows down after their ICO is done. But, I'm curious to have bank account thru blockchain. What it would be like to have such account? What advantages it would bring us to a regular crypto user?

BABB's mission is to provide banking to the unbanked. Anyone can have a bank account in the jurisdictions that BABB will be in. As far as for "a regular crypto user"? That depends on the circumstance. BABB's aim is not to provide a platform for just crypto users to trade tokens.

Actually, that's the challenge. Most of those unbanked are difficult to reach as they are either in the remote areas or they are not capable of opening bank accounts. It's already simple opening a local bank account. But if you will try to orient them with crypto, then their lives will be more complicated. How can you teach those unbanked ones that some of them don't know how to use a smart phone or better yet they don't own smart phone?

  It is much easier and cheaper to learn how to handle a smartphone and mobile application than to get to the place where there is a bank office or open an official account with a bank with a license.

Considering that point of yours. I want to see the progress of this project maybe 6 months from now and post proofs that they really reach out to those unbanked ones. Don't get me wrong. I also like the idea as you have the option to transfer your fiat money into this platform and not worried about the monthly penalty from your local bank if your maintaining balance falls below their minimum. The realization of this project is bit more complex than what you thought.
newbie
Activity: 210
Merit: 0
BABB  business propostions are unique and so far untouched by other cryptos. The team  has been thoroughly transparent, democratic and treading and an extremely non-hyped and grounded path.
The price path for most cryptos is not linear and ever so often the hype driven coins go parabolic, only this time the parabola of BABB will not be fueled on hype but real deliverables on a solid exemplary business model--wide reaching and pathbreaking.
newbie
Activity: 247
Merit: 0
20 Bil for BABB is just fine for the business market it is projecting to capture--2 Billion unbanked populace the world over. XRP is more than double and XLM is also over 6 Bil. Cardano with nothing major to show except indeed a top batteri of academicians and otherwise solid theoretical background is already more than 7 Bil.
20 Bil for BABB thus is fair game provided the tech does its job and the BANK license back the tech to reach out the masses out there.
newbie
Activity: 29
Merit: 1
BAX official did not go to China propaganda, the Chinese people are very willing to buy encryption currency, and they have a lot of money to buy it.Because the Chinese government issued the yuan more than the American government issued the dollar. They like to buy crypto currencies on China's big three exchanges, OKEX,BIANCE,HUOBI. Pro. The price of bax will rise sharply if the exchanges are listed.
sr. member
Activity: 1512
Merit: 306
Fantastic news around us it is nice to read about development progress of this network. They are taking good step to keep assure the healthy growth of this project from my point of view this project has more potential than before after this kind of development.

Good to know that this project is moving at least. Sometimes the team's communication slows down after their ICO is done. But, I'm curious to have bank account thru blockchain. What it would be like to have such account? What advantages it would bring us to a regular crypto user?

BABB's mission is to provide banking to the unbanked. Anyone can have a bank account in the jurisdictions that BABB will be in. As far as for "a regular crypto user"? That depends on the circumstance. BABB's aim is not to provide a platform for just crypto users to trade tokens.

Actually, that's the challenge. Most of those unbanked are difficult to reach as they are either in the remote areas or they are not capable of opening bank accounts. It's already simple opening a local bank account. But if you will try to orient them with crypto, then their lives will be more complicated. How can you teach those unbanked ones that some of them don't know how to use a smart phone or better yet they don't own smart phone?

  It is much easier and cheaper to learn how to handle a smartphone and mobile application than to get to the place where there is a bank office or open an official account with a bank with a license.
sr. member
Activity: 1988
Merit: 275
Fantastic news around us it is nice to read about development progress of this network. They are taking good step to keep assure the healthy growth of this project from my point of view this project has more potential than before after this kind of development.

Good to know that this project is moving at least. Sometimes the team's communication slows down after their ICO is done. But, I'm curious to have bank account thru blockchain. What it would be like to have such account? What advantages it would bring us to a regular crypto user?

BABB's mission is to provide banking to the unbanked. Anyone can have a bank account in the jurisdictions that BABB will be in. As far as for "a regular crypto user"? That depends on the circumstance. BABB's aim is not to provide a platform for just crypto users to trade tokens.

Actually, that's the challenge. Most of those unbanked are difficult to reach as they are either in the remote areas or they are not capable of opening bank accounts. It's already simple opening a local bank account. But if you will try to orient them with crypto, then their lives will be more complicated. How can you teach those unbanked ones that some of them don't know how to use a smart phone or better yet they don't own smart phone?
member
Activity: 389
Merit: 11
Fantastic news around us it is nice to read about development progress of this network. They are taking good step to keep assure the healthy growth of this project from my point of view this project has more potential than before after this kind of development.

Good to know that this project is moving at least. Sometimes the team's communication slows down after their ICO is done. But, I'm curious to have bank account thru blockchain. What it would be like to have such account? What advantages it would bring us to a regular crypto user?

BABB's mission is to provide banking to the unbanked. Anyone can have a bank account in the jurisdictions that BABB will be in. As far as for "a regular crypto user"? That depends on the circumstance. BABB's aim is not to provide a platform for just crypto users to trade tokens.
sr. member
Activity: 1988
Merit: 275
Fantastic news around us it is nice to read about development progress of this network. They are taking good step to keep assure the healthy growth of this project from my point of view this project has more potential than before after this kind of development.

Good to know that this project is moving at least. Sometimes the team's communication slows down after their ICO is done. But, I'm curious to have bank account thru blockchain. What it would be like to have such account? What advantages it would bring us to a regular crypto user?
newbie
Activity: 238
Merit: 0
It’s a token - we invested in a token so that we make money not so Bax can create - Biz - them creating a biz is an outcome they want. Our outcome is more  $ then we started with. They receive $ and they build better product and the cycle starts
member
Activity: 210
Merit: 10
We are currently negotiating with several exchanges and discussions are going well but we cannot disclose anything more than this because we were explicitly asked not to by the exchanges until the enlisting of BAX is confirmed. When the listing happens everyone will be notified, but as you see we can't comment any further.
newbie
Activity: 252
Merit: 0
Sounds like metric you have to consider--risk investing now knowing Babb is a big project and the exchanges are major ones, or wait for more certainty and risk paying a higher entry price.
legendary
Activity: 1540
Merit: 1002
Fantastic news around us it is nice to read about development progress of this network. They are taking good step to keep assure the healthy growth of this project from my point of view this project has more potential than before after this kind of development.
jr. member
Activity: 252
Merit: 1
full member
Activity: 420
Merit: 105
EXCITING news all around! Wow, I cannot wait to see what the future of BABB brings us Smiley I'm gonna spread the good word/tell all my friends about this lovely coin right here. Hopefully, this will help bring more eyes on this project. It deserves all the recognition it gets.
member
Activity: 308
Merit: 11
Bahrain  taking only 60 days to reply after application is pretty cool, though the team shouldn't rush, rather make sure all is in good order. Knowing that Babb is not a fly by night operation makes me fell content, so i have patience for progress reports. Big up the BABB and let's get our BAX UP ! 🙏❤️😃
member
Activity: 210
Merit: 10
There was enough ppl in the group to smash the Okex vote too and get on that exchange but ppl just like to complain and cry and won’t do anything to make things better
newbie
Activity: 126
Merit: 0
No need for exposure when you have nothing to offer YET. You can invest in exposure when product is ready. What’s the point right now? “Hello guys, just letting u know that one we’ll be a bank!”
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