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About Knabu(KBU)

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

We are looking to resolve the issue of lack of banking to blockchain segments, improve slow and inefficient payments, and the integrity in financial services.

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

Utility should be the order of the day in providing valuable services and helping the economy to grow. So we plan to introduce products and services which are blockchain aligned and which leverage the efficiencies of self clearing assets towards a universal settlement layer.

Other Important Info

In short, we are a blockchain technology company that has started the authorisation process to be a utility bank in the UK. Our tokens will be sold to the public by auction which will determine the token price. Our minimum funding goal is £30m. The total token supply is 1B tokens of which 750M will be available for sale.

Team

Knabu's team members.

Gabrielle Patrick

Gabrielle Patrick

Founder & CEO

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Barry MacMahon

Barry MacMahon

Chief Technology Officer

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Roadmap


 
2016 FCA Engagement
Q1 2018 Utility Bank Authorisation Process
2019 TDD Dapp Fast Track ICO KYC Tooling Turn Key Token Creation

 

2020/2021 B2B Clearing & Settlement Electronic UK Payment schemes access Electronic Deposits Payments (Faster, Chaps & SEPA) Digital B2B Banking

Quick notes

Tokenomics

Token Info

Available tokens: 75% Price: set by auction Soft Cap: £30m Hard Cap: £750M Buy with: all except USD Platform: Ethereum Location: United Kingdom Restricted: United States

Other Info

MVP/Prototype: No Escrow: No Category: Banking & Payments

User ratings

Rate the Profit Potential

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

We are looking to resolve the issue of lack of banking to blockchain segments, improve slow and inefficient payments, and the integrity in financial services.

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

Utility should be the order of the day in providing valuable services and helping the economy to grow. So we plan to introduce products and services which are blockchain aligned and which leverage the efficiencies of self clearing assets towards a universal settlement layer.

Other Important Info

In short, we are a blockchain technology company that has started the authorisation process to be a utility bank in the UK. Our tokens will be sold to the public by auction which will determine the token price. Our minimum funding goal is £30m. The total token supply is 1B tokens of which 750M will be available for sale.

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ICO Champs investors rating

Overall Rating

 
3.3

Hype

Medium+

Profit Potential

Medium+

Risk

Lowered