Baanx.com ICO
Decentralised Cryptobank ownership
ICO dates
Start date: 2018-03-14
End date:
Registrated in: UK
Platform: Ethereum
Type: ERC20
PREMIUM ICO
KYC passing required Yes |
Whitelist No |
Restriction for countries
No
| Tokens for sale | 700,000,000 |
| Token distribution in ICO |
| Price | 1 BXX = 0.1 EUR |
| Acceppting | ETH |
Baanx.com search trends in Google
R
Table of Contents
I.
EXECUTIVE SUMMARY......................................................................................................................... 4
1.1. Cryptocurrency Market
–
early days but with a huge upside...................................................... 5
1.2. Message from the CEO............................................................................................................... 6
II. TEAM & ADVISORS ............................................................................................................................... 7
2.1. Management Team ..................................................................................................................... 7
2.2. Advisors....................................................................................................................................... 9
III. BAANX.COM CRYPTOBANK & DECENTRALISATION .................................................................... 10
3.1. Baanx.com Licen...
DISCLAIMER OF LIABILITY
▪
The purpose of this White Paper is to present Baanx.com and BXX Token to potential token
holders in connection with the proposed Token sale. Please read our full terms and conditions,
SAFT, before making any decision regarding purchasing BXX Tokens.
▪
The information contained and set forth below may not be exhaustive and does not imply any
elements of a contractual relationship. Its sole purpose is to provide relevant and reasonable
information to potential token holders in order for them to determine whether to undertake a
thorough analysis of the company with the intent of purchasing BXX Tokens.
▪
Nothing in this White Paper shall be deemed to constitute a prospectus of any sort or a solicitation
for investment, nor does it in any way pertain to an offering or a solicitation of an offer to buy any
securities in any jurisdiction. This document is not composed in accordance with, and is not
subject to, laws or regulations of any jurisdiction, which ...
I. EXECUTIVE SUMMARY
OPEN SOURCE, OPEN ACCESS, OPEN OWNERSHIP
One quarter of the
worlds’
population, or 2 Billion people
1
, has no access to basic banking
services. In the meantime, nearly 1.5 Billion people have smartphones with one third already
using mobile payment services. The key growth markets, both in terms of economic growth and
future penetration of digital services are in Asia, Latin America and Africa.
This means that there are huge addressable global market niches for new market entrants able
to offer compelling distributed digital services with integration of personal financial management
tools
–
all on a mobile interface. One of these new services is cryptocurrencies which are ideally
suited for being accessible globally over smartphones.
Cryptocurrencies have experienced global uptake since early 2015 and are expected to reach
critical mass over the next five years. As per February 2018, there are more than 1500
cryptocurrencies
...
1.1.Cryptocurrency Market
–
early days but with a huge upside
Cryptocurrencies are ideally suited to provide alternative access to financial services and new
marketing channels for private people, SMEs and larger businesses. The future of Cryptocurrencies
can become as important a currency as Fiat in everyday use. The adaption and growth of
cryptocurrency is following the classical hockey stick growth path, experienced during the
introduction of SMS 20 years ago, with a slow start followed by many years of double digit growth.
As more people own and use cryptocurrencies, the more they will wish to be able to transact,
operate, purchase, pay, save, lend, borrow and invest using their digital currencies in their
everyday lives.
Currently ≥ 6 million people in the world use Cryptocurrencies. Baanx’s research shows the figure
is expected to rise to 580 million people, or 7.25% of the world population by 2022, as more and
more households and people are discovering the power of going beyon...
highly compliant system utilising smart contracts
–
and in doing so create efficiencies and savings
for our new partners through automation of core processes, and by applying AI whe
r
ever feasible.
Baanx.com allows Open Access to qualified new market entrants, offers Open Ownership within the
new Cryptobank sector, and invites Open Source Development on the Baanx.com platform, so new
financial services applications can reach the entire network of customers.
Baanx.com hopes for your support to develop our presence in this new market, using our powerful
decentralized concept, to provide the opportunity for important business brands, banks, charities
and individuals to own, control and grow their own Cryptobank.
Please do join our new Telegram Chat Channel for news, information and bonuses relating to the
Baanx.com system and ICO https://t.me/baanxcom
1.2.Message from the CEO
Baanx.com is a project born from not being able to use Cryptocurrencies in normal life. To not to be ...
II. TEAM & ADVISORS
The current team as well as advisors are highly experienced Technical and FinTech individuals who
are all onboard with the same mission, to deliver not just the number One Cryptobank, but a
Cryptobank Network which will rival Traditional Banking structures in size and geographical spread.
2.1.Management Team
Baanx.com has a highly experienced management team. Baanx.com CEO Garth Howat and CRO
John Van Der Vos have a combined two decades of experience working with FinTech organisations,
both as owners and as Consultants. They are both UK Financial Conduct Authority Approved within
a separate Online Lending business within the UK and have very successful business track record.
They are both listed on the FCA website, having been Identity, CRB and Credit Checked.
Garth Howat not only has FinTech business interests, online lending sites and Consulting
experience, but has an Executive Search Group operating in Technology and Professional
Services. Utilising the Executive Search a...
Post ICO several additional key team members will be offered fulltime positions and the top
management will be strengthened by employing three CXO level positions for (1) Day-to-day
management (2) Compliance (3) Global partnerships (4) Financial Control. They will add additional
strong track record and skills building a global banking networks at a fast growth pace.
Page 8/36
...
2.2. Advisors
Baanx.com has attracted a superb group of Board Advisors who are giving huge assistance to the
organization. They have been invaluable in helping to build the proposition for the ICO and will
continuously provide technical, strategic and financial support going forward.
Leading names which Include 2 of the Top 3 Global Advisors on ICO Bench and many others.
Page 9/36
...
Baanx.com Roadmap
Q1, 2017
A Decentralised Cryptobank concept is pursued, work begins by FCA team and
technical team on delivering a Cryptobank & Cryptobank Network which will make
Cryptobanks scaleable and mainstream. Planning, funding applications and team creation begins.
technical team on delivering a Cryptobank & Cryptobank Network which will make
Cryptobanks scaleable and mainstream. Planning, funding applications and team creation begins.
2017
Seed Funding into Baanx concept is made in order to start research and mobile
development how goals of project can be achieved. Whitepaper creation & writing with team and advisors. Customer research and reach out to Cryptobank potential users underway.
development how goals of project can be achieved. Whitepaper creation & writing with team and advisors. Customer research and reach out to Cryptobank potential users underway.
Q1, 2018
ICO Planning, Website creation, further work on MVP, mobile development and licensing agreements for new products. Banking License applications begin to ensure in place in shortest time. Extensive presentations and investment work in preparation for the
Crowdsale work.
Crowdsale work.
Q3, 2018
ICO has completed and Singapore, Swedish & St Vincent Bank License gathered, Crypto E-money operations underway, wallet (with hedge, price guarantee) and exchange elivered and released. Extensive Development underway to deliver all plans and goals of the project.
2019
EU & UK Banking License, Baanx.com customer acquisition and products fast growing. Baanx.com Network has grown extensively and delivering great crypto scaleability. Baanx.com No.1 Cryptobank Network and 100s of new banks are released across the
world.
world.
Ed Burnham Head of Investor Relations at Baanx.com. Educated at Eton College with extensive track record of achievement within Investment & Networking.
Advisors Victor Chow CEO, M&A Advisor, Venture Capital leader, Entrepreneur, NAGA & ICO Advisor, Partner in Blockchain Financial Services Innovation
Advisors David Drake Founder & Chairman at LDJ Capital. Baanx.com Board Advisor. Leading figure within Cryptocurrency.
Advisors Benjamin Theobald Board Advisor Micromoney International, CEO, Co-Founder and Entrepreneur with strong Marketing experience.
Ian Scarffe
Ian Scarffe
IAN SCARFFE
David Drake
Founder & Chairman at LDJ Capital. Baanx.com Board Advisor. Leading figure within Cryptocurrency.
Advisor
Victor Chow
CEO, M&A Advisor, Venture Capital leader, Entrepreneur, NAGA & ICO Advisor, Partner in Blockchain Financial Services Innovation
John Van Der Vos
CRO
John Van der Vos
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