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Topic: [BOUNTY ENDED]BABB - Bank Account Based Blockchain - UP TO $1M IN BOUNTIES (Read 42427 times)

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Good luck guys!

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Dev update: workshop week
https://www.youtube.com/watch?v=zodcCdWfpFk

Five leading members of the technical team visited us in the London office for a week of workshops with the rest of the team. We had a great time getting to know them and making rapid progress on the development of the product.
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Progress report #7–14.08.18
Goings-on from BABB HQ (and details of the changes we’re about to make)
https://medium.com/babb/progress-report-7-14-08-18-ce8235cba25a
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Startup Holds Equity Crowdsale For Banking License

Blockchain-based challenger bank BABB — which stands for Bank Account-Based Blockchain — announced it will be holding an equity crowdsale to cover the costs of obtaining a banking license.

BABB is a startup developing a blockchain-based bank that aims to decentralize services and open up access to a bank account for individuals around the world. The company deploys the use of smart contracts stored and transferred on blockchain, utilizing technologies like machine learning, artificial intelligence (AI) and biometrics to augment its services. Customers simply open an account on their smartphone by taking a selfie and saying a passphrase. In addition, they gain access to a peer-to-peer (P2P) network, which makes it quick and cheap to transfer money, lend to and borrow from other users, and exchange currencies.

This crowdsale will give investors the chance to own equity in the company. It is expected to open to the public next week, following a private funding round.

The company has already successfully raised $20 million in a token sale used to ensure a long runway for the software development, as well as launch the company’s platform, app and payment card. Now, its equity crowdsale will allow BABB to expand its efforts by funding the legal and regulatory costs of becoming a licensed bank. The crowdsale will be offered through Crowdcube, with investors who participate receiving equity in BABB Group, the parent company of both the bank and the software company.

Shareholders will have ownership, voting and preemption rights.

Earlier this year, BABB named bank technology veteran Paul Johnson its new CIO. Johnson previously served as chief of another U.K. challenger bank Aldermore, at which he oversaw its IPO in 2015.

“I can only see blockchain technology as the next step in this evolution of payments and asset transfer in the future,” he said in a statement announcing his position at BABB. “The BABB proposition highlights this extremely well with the ‘everyone is a bank’ concept, and I am excited to be joining the team to build this platform.”
https://www.pymnts.com/news/banking/2018/babb-equity-crowdsale-banking-license/
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SESAME
Why buy equity shares in BABB?

BABB is holding an equity crowdsale to give the community a chance to own equity in the company and raise money to fund the minimum capital requirement for the banking license.
BABB is holding an equity crowdsale to give the community a chance to own equity in the company and raise money to fund the minimum capital requirement for the banking license.
https://medium.com/babb/why-buy-equity-shares-in-babb-d9605bd85d16
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BABB (BAX) Gets Listed on KuCoin - This news was add like a signal to buy BAX now! Decide  and vote for this signal here - https://yeenot.today/catalog/news/309
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Hello BABB believers,

Our aim is to add value to the whole crypto community by giving the best user experience to analyse cryptocurrencies.

It would be really great help from your side if you can spend 60 seconds of your time and give us your valuable feedback for our two recent updates 1) Snapshot and 2) Colourful
interface of BABB at: https://cointopper.com/coin/babb

Constructive criticisms are always welcome at CoinTopper.  Thank you!!
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My friend wanted to buy BABB and idex was down so he bought from forkdelta and is kinda freaking out because it's not doing any volume on there...Can anyone suggest any other way to buy BABB ?
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TOKPIE
“We’re Focused on Enterprise, Not Aid” – Interview with BABB’s Annie Mellor

BABB is a UK registered company that is currently working on obtaining banking licenses in the UK and two other jurisdictions. Having concluded its ICO in February, BABB has lofty goals which focus on providing “anyone in the world access to a UK bank account for peer-to-peer financial services”. Namely, they want to bank the unbanked, many of whom represent the two billion poorest people on earth. But can they succeed?
https://bitsonline.com/babb-lofty-goals-can-they-achieve-them/?utm_source=twitter&utm_medium=social&utm_campaign=SocialWarfare
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