Topic: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings - page 87. (Read 658701 times)

First of all, congratulations for your work in this venture.

Speaking about the Weexchange issue, I know this is not the right thread but you seems to dodge the specific one, so I'm trying here.
We are still in the dark and you gave your word to work on the issue with all your resources (and Neo&Bee ones). A month passed away and we still have nothing, neither bitcoin neither updates. A lot of people avoided to sue Ukyo and Weexchange because your intervention, I trust you and I hope you'll help us, but to remain without news worns nerves...

When we can expect for an update on what and on how is going on?

Thank you

Far from it, however it would be somewhat poor of us to place all of our eggs in one basket with regards to payment service providers.

Thanks for the positive responses, we do have much more information on the horizon and George Papageorgiou will be speaking at the Miami conference, hopefully we can solidify a few loose ends so we can bring you more news quickly. We are working tirelessly to ensure we build a business that is sustainable and profitable. With regards to the name of "Time Lock Wallets", the actual name will be decided before we print the literature for them, it was the term best used to describe them for the time being.

I agree - you need to make the name understandable to the man on the street. A wallet is something you carry around with you. A savings account is something you store money in.

does it mean that the deal with ZipZap is now dead in the water  

All the rest is fantastic news btw. IMHO You guys are aiming high and have good chances at winning high!

Fantastic news!


This is an awful and misleading name for a revolutionary product! It's not a wallet since you won't get out the number of coins you put in. It's more an investment fund. But the upside-only option will be really attractive for the bit-curious.

Great news! Looks like 2014 is shaping up to be a great year to be a Neo & Bee investor.

Great news, I hope now people stop worrying and just relax and wait for the launch 

Thanks for the update and congratulations to the team for the excellent work!

You certainly don't do things by half. Good luck with all those projects!

Very excited! Thanks for the hard work!

Danny/NEO-PR, would it be possible to inform the group as soon as get the meeting with the KTK?

Cheers
SK
p.s. Great work, congrats to the team .

Wow! great news   so excited!

NeoBee Update 01/21/2014

Flagship Branch
We are pleased to announce that Neo's flagship branch is scheduled to launch on February 24, 2014. 

As part of the launch, we will also release the following three products:

Instant-Access BTC Wallet – This wallet will function as a standard Bitcoin wallet which utilizes the multi-signature process. Neo will earn revenue from these accounts through the fees paid when exchanging Euros for Bitcoin. Account holders will receive a Bee card, allowing them to make purchases at retailers around the island of Cyprus, and through existing Bitcoin payment gateways.

Time-Locked Wallets – This wallet will allow the customer to hold Bitcoins over a predetermined time period in their own wallet with multi-signature functionality. These wallets will enable the customer to execute an exchange back to Euros on the predetermined date for either the original Euro amount or for the value of the Bitcoin that is held in the wallet at the time of the exchange, however the maximum amount of gains the customer will receive will be limited to an agreed level. Neo will derive income from this type of wallet through gains made in the value of Bitcoin over an above the agreed percentage.

Merchant Wallet – This wallet will enable merchants to accept Bitcoin payments from anyone. Merchants will have the ability to determine the exact percentage of revenue they wish to retain as Bitcoins and how much they wish to convert instantly to Euros as settlement. Merchants may accept payments into their bank account through electronic transfer, or collect as cash from one of the Neo branches. Should the merchant choose to access their money through one of our branches, they will have access to those funds within one minute of accepting the payment.

We have decided to delay the second branch in Nicosia to ensure the flagship branch opening goes smoothly. The second branch will tentatively launch within the first quarter of 2014.

Bee Payment Network
We have taken delivery of the first batch of POS terminals. We are now finalizing the integration with Neo applications.

Bee will not charge transaction fees to merchants. This ensures the lowest barrier to entry. Bee will instead derive income from the rental of POS terminals and monthly fees for online payment gateways.

We have been working closely with a number of POS and Stock Management System developers to ensure compatibility and ease of integration with their systems and the Bee network. This will enable thousands of Cypriot and international merchants to easily integrate our terminals with existing infrastructure.

Neo EasyCoin
Neo EasyCoin is nearing the completion of beta testing. We are waiting for some locations to go online with different payment service providers. We are also working with other payment service providers in Europe to enable Neo EasyCoin to service additional European countries.

Neo EasyCoin will provide service to the United States once we are in possession of a written clarification from FinCEN regarding our business model. Our lawyers are working on this daily. While we are confident in our plan, we also want to ensure long-term stability.

Media Exposure
We have received consistent and positive attention from local news outlets, including newspapers, television, magazines and news websites.

Here are some examples:

http://i.imgur.com/2FJSaFZ.jpg

http://i.imgur.com/q746wFC.jpg

http://i.imgur.com/sPNsgpt.jpg

http://i.imgur.com/hMykySt.jpg

http://i.imgur.com/Dg6HIVK.jpg

http://i.imgur.com/udQ5Doe.jpg

http://i.imgur.com/CySBSHy.jpg

http://i.imgur.com/NmSjjNj.jpg

http://i.imgur.com/7Qx0zl8.jpg

http://i.imgur.com/fvZhzho.jpg

http://i.imgur.com/CaCO08o.jpg

http://i.imgur.com/8d02xmB.jpg

http://i.imgur.com/TuPcBDM.jpg

We held a dinner event with the management and owners of several media companies based in Cyprus.

http://youtu.be/KvuR1EESj3Y

http://youtu.be/0jadqRIAb5E

http://youtu.be/928lKeOybls

Marketing
Neo's first advertising campaign is now underway. The first television advertisement will premiere on February 1st. Radio advertisements and a new Neo & Bee website will be launched in support of this campaign. The website will include detailed information about our personal and merchant wallet service offerings.

Regulations
We continue to make progress in establishing clear regulations for the operation of Bitcoin-based businesses in Cyprus. We have taken the necessary steps to obtain a Cyprus investment firm license, which would enable us to offer time-locked wallets to customers. We will offer these wallets when we open the first branch.

Neo Xchange
http://i.imgur.com/eXgfJd5.png

Neo Xchange is a new venture in which Neo will act as a brokerage and trade on a new Bitcoin exchange under development. The Neo Xchange platform will offer trade derivatives and other financial instruments. This requires the platform to be regulated. We are working towards obtaining the required licenses from CySEC to operate this platform. More information will be provided as available.

Once this platform has been launched, Neo will have greater ability to hedge the  instant-access pegged wallets.

Neo Portals
We are now developing our own ATM hardware that will enable customers to have access to all subsidiaries in many countries. This development will enable global expansion. By increasing our footprint in this manner, we can assess the data from these portals to determine optimal locations for expansion of the Neo network of branch locations.

The Neo Portals project is being managed by Brad Vaivoda. Brad Vaivoda graduated from the University of Colorado at Boulder with a B.Sc in mechanical engineering. After beginning his career performing brake rotor design and analysis in Formula 1, he accepted a position aiding orthopedic surgeons during operations whilst working for Zimmer Holdings Inc., a medical device manufacturer in the orthopedic industry. Most recently, Brad was employed by The Boeing Company as a Test & Evaluation Engineer working across Boeing's commercial aircraft product lines.

Brad has since turned his focus to Bitcoin and Bitcoin-related ventures. He has considerable experience  with bleeding-edge technology and is familiar with working in fast-paced environments.

The naming convention follows neo-bee.com and easyco.in. Perhaps they rebranded.

Anyone know what http://www.bt-co.in/cashcoin is all about?  I saw it on https://twitter.com/ZipZapInc.  Does easyco.in not have exclusivity?  That would be a bummer.

Not sure if this is a dumb question or not -- will the update be posted on the lmb-holdings website? There is really sooooo little information there for investors.

Just a quick note to let everyone know the update is almost done with editing and should be posted later tonight.

Thank you, and apologies for the delay.

Looks like Neo&Bee will attend the Bitcoin Miami conference this weekend. Anyone going?

http://btcmiami.com

George Papageorgiu will represent Neo&bee and EasyCoin as one of the speakers.


Good opportunity to find buyers for the remaining IPO shares.

Well am either too fast or too lucky,  the first one is really bad the second one really good heh

I did wonder how long it would take them to be posted on here. I uploaded them ready for the update that has been passed to TAT