What does Baanx solve? (or: what human needs does it satisfy?) and how exactly does it do so?
World's 1st Cryptobank
network, enabling rapid
adoption of crypto
banking services during
a single generation
How is the idea monetized? How do you token holders profit?
Token holders hold the ability to become their own crypto bank
FCA Authorised Directors in the UK start looking at a Crypto-Bank opportunity, yet feel it is missing a key concept development from the current central bank operations of traditional banking.
A decentralised concept is born, work is begun on developing this concept, putting together a structure, operation and the specific research into how a rules based system would work. Extensive research into Risk & Compliance within the EU is begun in order to identify how a Decentralised Licensed Blockchain Banking Network could be instigated.
Initial Investment to develop Decentralised Branded Banking Network and seek further funding.
Work is finished on an extremely detailed process, research and development is complete with the creation of a rules based structure which will meet regulatory conditions within the EU. The process on how to comply with key Banking legislation is realised.
Whitepaper creation, coding of the smart contract, further building of the team and initial development work begun on the first stage of Baanx.com Development
Planning for the Pre-Sale Registration process in January 2018, creation of process and opportunity for further development. Laying the foundations for bringing out an MVP in 2018.
Pre-Sale Registration starts as a SAFE Contract on the 6th January 2018 to secure BNX Token at a hugely advantaged rate, with the Pre-Sale starting officially on the 24th January, at a superb discount to the ICO Token value. At the close of the Pre-Sale the Baanx.com Banking Licence Application will be in process.
ICO begins on the 14th February 2018 and lasts for 6 weeks, achieving the goals of the ICO will allow Baanx.com to deliver enough liquidity for decentralisation of the Digital Banking community with extensive numbers of Branded Baanx.com Network Banks, all with full funding available to Networks Bank startups
Baanx.com first release of system will take place. Fully Branded first stage of the Network Bank (pre-EU licence). Functionality will include Cryptocurrency Wallet, Fiat Wallet and offer features to include Cryptocurrency payment cards. Baanx.com network bank startups are free to begin building their customer base.
BNX Token will be traded on secondary exchanges. Baanx.com expects to apply for an additional Banking Licence in Singapore and, subject to the scale of the success of the ICO, an African location.
Baanx.com system development will continue to ensure all functionality in place by the close of 2018 which ensures an automated, rules based and compliant system. Robotic and AI back office functions implemented through collaboration with our technology partners.
Baanx.com BETA testing and preparation for go-live once EU Banking Licence in place. Baanx.com branded network of wallets, secure exchanges and payment systems continues to expand customer user base and levels of services on offer.
Baanx.com delivers Banking Licence in the EU, go-live of all Network Bank technology systems across Deposit, Savings, Payments and Mobile Payment systems utilising crypto-currency assets.
Baanx.com growth of Network Bank Services accelerating quickly as Bank Decentralisation opportunity occurs. Businesses open own banking services on the Baanx.com Branded Network Bank System to make the most of their customer following, increase brand awareness and profitability. Businesses owning a Baanx.com Network Bank receive free Banking Services and increased brand awareness, opportunities for fully funded finance offerings at the Point of Sale to increase revenue sales.
Baanx.com Network has global presence with multiple Banking Licences and extensive growth through cutting edge service delivery. Using a Decentralised model, yet following a trusted rules based regulatory compliance model, customers join Baanx.com Network Banks in large numbers to maximise their banking services and utilise the exceptional crypto-banking services offered.
Baanx.com recognised as the market leading Network of Crypto-Banks, Decentralisation continues, yet efficiencies offered through the Baanx.com system ensures the greatest offering and best opportunities for customer attraction.
Baanx.com prepares for Secondary Coin Offering to provide additional liquidity and funding to the Baanx.com Branded Bank Network at a minimum value increase of at least 30 times the initial pre-sale registration Token Value
1 ETH = 4000 BXX
ETH, BTC, USD
Questions & Answers
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