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Topic: [ANN][SOLD OUT] BABB - Bank Account Based Blockchain - page 9. (Read 45141 times)

jr. member
Activity: 95
Merit: 1
Agreed! No one even knows about this project outside the UK. 1400 in the Babb subreddit highlights this
Totally agree with you there. That does t change the fact that almost no one in crypto has heard of it. It gets scarier if you think 90% of the population doesn’t invest in crypto at all

That's not true at all, there are over 13,500 members of the Babb telegram group from all over the globe. Plenty of people have heard about Babb.

Join us here: https://t.me/babb_official

newbie
Activity: 84
Merit: 0
Agreed! No one even knows about this project outside the UK. 1400 in the Babb subreddit highlights this
Totally agree with you there. That does t change the fact that almost no one in crypto has heard of it. It gets scarier if you think 90% of the population doesn’t invest in crypto at all
jr. member
Activity: 266
Merit: 2
And of course most honorable mention goes to Ani, who is always available, nearly 24/7. Amazix still refuse to ban her on weekends, but I say it's necessary so she can recharge her batteries for the upcoming work week
full member
Activity: 798
Merit: 102
Banking license application deep dive

Hey guys.
Check out the latest deep dive post fro, the BABB team.
This post is the second in a new series of deep dives into the different areas of activity within BABB. This week, we focus on the banking license application, and Annie caught up with Paul to find out how it’s going - https://medium.com/babb/banking-license-application-deep-dive-2839aa70f213





This is amazing update it is good to know about the process of banking license that is good to know they got very good direction and in future this project will start providing their services.
jr. member
Activity: 354
Merit: 2
it’s been a while for me to check crypto stuff (of course due to bearish market ), I just saw that circulating supply is 23B+ whereas I remember it was 20B, any specific reason or recent changes in the supply? Sorry if have miss anything.

The simple movement of tokens from one multi sig wallet to another alerted CMC's tracker that the circ. supply (as reported by CMC) has increased. This is not the case, those remain locked and should be discounted from the circ. supply and so this will be corrected on CMC soon.
newbie
Activity: 280
Merit: 0
The cooling off period is still in effect. After investors have passed KYC (if requested by Crowdcube) and paid their investment,  shares will be automatically distributed to Crowdcube accounts within 2–3 weeks. .
newbie
Activity: 55
Merit: 0
 it’s been a while for me to check crypto stuff (of course due to bearish market ), I just saw that circulating supply is 23B+ whereas I remember it was 20B, any specific reason or recent changes in the supply? Sorry if have miss anything.
member
Activity: 280
Merit: 10
 these are team members' locked Tokens which were moved to another multisig wallet as an effort to improve security. This is not part ofthe circulating supply, and it's an error from CoinMarketCap. The team will be reaching out to them to correct this error.
member
Activity: 406
Merit: 12
Banking license application deep dive

Hey guys.
Check out the latest deep dive post fro, the BABB team.
This post is the second in a new series of deep dives into the different areas of activity within BABB. This week, we focus on the banking license application, and Annie caught up with Paul to find out how it’s going - https://medium.com/babb/banking-license-application-deep-dive-2839aa70f213



copper member
Activity: 238
Merit: 0
Equity crowdsale: what’s next?
Here’s a breakdown of next steps and what to expect.
In case you missed the big news from the weekend: the BABB equity crowdsale closed at 11:59pm on Saturday 18 August, with total investment coming in at just over £1,550,000 from 1,452 investors.
Read more:  https://medium.com/babb/equity-crowdsale-whats-next-5cea62a0b045
jr. member
Activity: 83
Merit: 1
Hey Guys! Smiley

Curious about what the BABB team has been up to? Check out the latest Medium blog post on what comes next following the successful completion of the Equity Crowdsale: https://medium.com/babb/equity-crowdsale-whats-next-5cea62a0b045
legendary
Activity: 1932
Merit: 1005
BABB is one of the most serious projects in 2018 , i have a strong believe that they will come up with great news , can't wait to the last quarter of this year because this is not a get quick rich project but if you are patient enough , this will bring only good
member
Activity: 389
Merit: 11
I will look into the whiteppaer to learn more about the project. At the first glance, it looks interesting.

Hey man, here's the link to the White Paper: https://resources.getbabb.com/whitepapers/en/babb-whitepaper.pdf
newbie
Activity: 252
Merit: 0
Getting a banking licence is not a necessity for BABB, it's their preference. BABB intends to apply formally for a banking license very soon. Receiving a banking license will enable BABB to take deposits and conduct treasury management on those funds allowing an additional revenue source. BABB has many options for a partner banks across Europe if it does not obtain a banking licence in the UK or Europe in 2018. If BABB has any issues with a partner bank in the UK, it has many options in Europe where BABB can hold segregated accounts.
legendary
Activity: 1554
Merit: 1001
I will look into the whiteppaer to learn more about the project. At the first glance, it looks interesting.

https://twitter.com/getbabb/status/1030421885123788802

You should check this update it is last chance to join equity corwdsale which is really big opportunity to invest into this project. I'm holding this token since ICO and already invested into this phase too.
newbie
Activity: 18
Merit: 0
I will look into the whiteppaer to learn more about the project. At the first glance, it looks interesting.
newbie
Activity: 95
Merit: 0
I do agree with you on that one.but i think at the end of the day people will need the utility for the day to day transaction.i doubt if the security token can be used for day to day like the utility,i might be wrong on that issue

You are right on that, security tokens derive their value from an external, tradable asset whereas utility tokens represent a unit of account for the network.

newbie
Activity: 224
Merit: 0
I do agree with you on that one.but i think at the end of the day people will need the utility for the day to day transaction.i doubt if the security token can be used for day to day like the utility,i might be wrong on that issue
newbie
Activity: 238
Merit: 0
I don’t think Bax will ever have a fixed price point to operate the platform. Rather, it will change in accordance to the value of GBP. For example, if it costs £0.05 (100 bax) to send £1000, this could become 50 bax (still £0.05) if bax appreciates in value. The token burn model ensures bax appreciates over time (5 years).
newbie
Activity: 84
Merit: 0
Crypto doesnt deserve the etf. It's still a shady market with lots of manipulation and too unregulated. It's not the time for institutional money. It's time for slow adoption of products by consumers. Then, institutional money will come.
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