BlokBiz is a crowdfunding platform within the cryptocurrency segment. Our goal is to build a platform where all the listed ICOs are thoroughly checked by our Team using globally approved compliance and AML methods. Only those companies can appear on our platform which fully passing on the aforementioned procedures.
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.
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
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
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.