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About BlokBiz(XBZ)

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What problem does BlokBiz solve? (or: what human need does it satisfy?) and how exactly does it do so?

BlokBiz wants to minimize the amount of scam ICOs in the crypto market. BlokBiz will provide an all-round compliance check, interviewing and project management for the enrolled companies. When a company successfully raised their goal in our crowdfunding portal BlokBiz will keep close contact with the company and will provide them the funded amounts in intallments based on their progress in the project and based on the cashflow plan that was provided for us beforehand. The whole point of pay-out in installments is that if the company is not proceeding properly, or stops completely, or there are any suspicious activity, BlokBiz will transfer back the remained invested funds to the investors.

How is the idea monetized? How do the token holders profit?

Owning XBZ tokens will reduce the token owner?s transaction fees of on the

BlokBiz platform. Investors have the opportunity to get these tokens at a very

reasonable price during the pre-sale and the soft cap period, but the tokens

will be available during the operation of BlokBiz Platform at a higher price.

Other Important Info

THE LAUNCH OF THE PLATFORM IS NOT DEPENDENT

ON THE SUCCESS OF THE TOKEN SALE. The capital raising from the token sale is meant to be an accelerator. That's why the XBZ tokens are refundable during

the sale periods. All purchases of XBZ tokens are refundable under the following conditions:

- From the beginning, until the last day of each sale period the purchased XBZ

tokens are refundable at 0,95x ratio of the ongoing sale?s XBZ price.

- If any sale period does not reach it?s goal, the investors have 30 days to reclaim

their invested ETH coins at 0,95x ratio of the ongoing XBZ price. If the investors do not reclaim their invested ETH coins within the aforementioned period, BlokBiz will keep and invest that amount to develop their platforms.

- XBZ tokens will be refundable or can be used for reducing transaction fees within the platform anytime when the platform officially starts.

Reclaiming the invested ETH coins can be done by sending back the XBZ tokens to the BlokBiz deposit address and when the above-mentioned criteria are met.

Team

BlokBiz's team members.

Norbert Csontos

Norbert Csontos

CEO

Linkedin
Ferenc Mrlyák

Ferenc Mrlyák

CFO

Linkedin
Luigi Ferramenti

Luigi Ferramenti

Chief Business Officer

Linkedin
Balázs Simó

Balázs Simó

CTO

Linkedin

Roadmap


 
Idea of BlokBiz 2017 November We've experienced many good sounding projects that turned out to be a scam or it was not intended to be scam but still could not manage to start. We wanted to provide an all-in-one solution for the market. That's how the idea of BlokBiz is came to our mind.
First steps 2017 December We did our research, asked around and started to lay down the principles of BlokBiz Group. We've checked the legal requirements of our future activity and hired our first developers.
Partners for compliance 2018 February We've found our first partner having 20 years of experience in compliance, customer service and IT support. Our solutions will apply the same kind of compliance check as banks required to do.
First demo 2018 April The demo of our services are ready for showing to our first investors
First investors in BlokBiz 2018 June Private sale was highly successful
XBZ pre-sale period 2018 September 10 ETH tokens are refundable during the sale.
XBZ soft cap period 2018 October 15 ETH tokens are refundable during the sale.
Hard cap period 2019 January
BlokBiz going live 2019 Q1
Platform for artists 2019 Q1 - Q2 Company Marketplace, Crowdfunding page for creators and artists going live
Exchange site opens 2020 Q2 Exchange site within BlokBiz/Mobile application, Trading bot
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Quick notes

Tokenomics

Token Info

Available tokens: 85% Price: ETH = 1891 XBZ Soft Cap: 15000ETH Hard Cap: 23000 ETH Buy with: ETH Platform: Ethereum Location: Hungary Restricted: United States of America

Other Info

MVP/Prototype: No Escrow: No Category: Business Services & Consulting

User ratings

Rate the Profit Potential

What problem does BlokBiz solve? (or: what human need does it satisfy?) and how exactly does it do so?

BlokBiz wants to minimize the amount of scam ICOs in the crypto market. BlokBiz will provide an all-round compliance check, interviewing and project management for the enrolled companies. When a company successfully raised their goal in our crowdfunding portal BlokBiz will keep close contact with the company and will provide them the funded amounts in intallments based on their progress in the project and based on the cashflow plan that was provided for us beforehand. The whole point of pay-out in installments is that if the company is not proceeding properly, or stops completely, or there are any suspicious activity, BlokBiz will transfer back the remained invested funds to the investors.

How is the idea monetized? How do the token holders profit?

Owning XBZ tokens will reduce the token owner?s transaction fees of on the

BlokBiz platform. Investors have the opportunity to get these tokens at a very

reasonable price during the pre-sale and the soft cap period, but the tokens

will be available during the operation of BlokBiz Platform at a higher price.

Other Important Info

THE LAUNCH OF THE PLATFORM IS NOT DEPENDENT

ON THE SUCCESS OF THE TOKEN SALE. The capital raising from the token sale is meant to be an accelerator. That's why the XBZ tokens are refundable during

the sale periods. All purchases of XBZ tokens are refundable under the following conditions:

- From the beginning, until the last day of each sale period the purchased XBZ

tokens are refundable at 0,95x ratio of the ongoing sale?s XBZ price.

- If any sale period does not reach it?s goal, the investors have 30 days to reclaim

their invested ETH coins at 0,95x ratio of the ongoing XBZ price. If the investors do not reclaim their invested ETH coins within the aforementioned period, BlokBiz will keep and invest that amount to develop their platforms.

- XBZ tokens will be refundable or can be used for reducing transaction fees within the platform anytime when the platform officially starts.

Reclaiming the invested ETH coins can be done by sending back the XBZ tokens to the BlokBiz deposit address and when the above-mentioned criteria are met.

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