Borneo
Borneo
Token: BMG


Within the Borneo Ecosystem, the fundamental of BMG token is essential for achieving Borneo First missions of unleashing the true potentials of Borneo Island through building Borneo First global economic and social platform (Borneo First Platform). I

ICO dates
Start date: 2018-08-17
End date: 2018-10-17

Registrated in: Indonesia

Platform: NEP5
Type: ERC20

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Borneo categories
Infrastructure Investment Manufacturing Payments/Wallets Tourism
Borneo whitepaper
Video
Borneo token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries USA
Soft cap 5,000,000 USD
Hard cap 67,500,000 USD
Tokens for sale 1.300,000,000
Token distribution in ICO
87%
87%
Price 0.06 USD
Price in PreICO 0.03 USD
Minimal investment 500 USD
Acceppting BTC,DASH,ETH,LTC,TRX,XMR,ZEC

About Borneo

Within the Borneo Ecosystem, the fundamental of BMG token is essential for achieving Borneo First missions of unleashing the true potentials of Borneo Island through building Borneo First global economic and social platform (Borneo First Platform). It is the BMG token that powers the entire platforms, and without it the Borneo Ecosystem cannot function. In the beginning, Borneo First will develop 5 (five) BMG token dynamics to ensure the liquidity, continuous supply and demand of Borneo token. 

1. Borneo First Eco-Tour Token 

Experience Borneo with Borneo First community based tourism. Our local tour operators will guide you to see Borneo Island up and close. You will be educated and entertained on your journey around Borneo. You will get 
to see the iconic orang utan and Borneo’s endemic monkey, Proboscis Monkey in the wild and at the conservation center; learn local handcrafting and traditional dance at Dayak’s eco-village; bamboo-rafting; fishing trips; local foods tasting; Borneo jungle tracking; or even quiet time at a villa by the river. There are so much more you can experience Borneo Island in its authenticity. Our community based tourism can be purchased with BMG tokens. 

Your participations provide alternative livelihoods, and can make a difference to the local community and environment. Illegal logging, illegal fishing and hunting wild animals can be diminished. Through purchasing Borneo First Eco-Tour Token, it will enable us to provide education for the local community that their environment also has other economic values. 

2. Borneo First Sports Sponsorship 

Borneo First will sponsor Esport contest and other sports tournaments. BMG tokens are required for event participation. Winners will get reward in 50% fiat currency and 50% BMG tokens. 

Borneo First sports sponsorship also aims to educate sport-fans and athletes about Borneo First platform, and blockchain technology. 

3. Borneo First Market for Commodities and Goods 

In the beginning Borneo First will create market for trading of:

a. ASIC Miner

b. Borneo Handicrafts, such as: Borneo Batik fabrics & shirts, local souvenirs, and precious stones & gems. 

c. Coal from our coal mines. 
All of these commodities and goods can only be traded by utilizing BMG tokens. 

4. Borneo First Charitable Donations 

Borneo First plans to create Charitable Donations platform for a person or organization that seeks to promote the welfare of Borneo island local community and environment. Borneo First will use smart contracts and accept only BMG tokens. 
Our objectives are measurable and periodically, we will create campaigns for the any social problems faced within the community, such as a welfare fund for cancer patients; school supplies for children in remote area; sholarships; animal rehab centre; wheelchairs; tree planting programs; etc. 
Contributors will be able to monitor their donations progress and completion flow, and accountability report will be submitted quarterly. 

5. Borneo First Cloud Mining 

As main project, Borneo First will provide Hashrate contracts, and these contacts can be purchased with BMG tokens only. Each contract is available for 6 months, the sooner ROI you will get, the faster BMG tokens will circulate. 

Borneo news, social
Borneo search trends in Google
Random whitepaper excerpts

Table of Contents
0. About this ICO (Abstract) ...................................................................................................................................2
1. Potential of Borneo Island ..................................................................................................................................2
2. Projects Portfolio...................................................................................................................................................5
a. Coal Green Mining Project
............................................................................................................. 6
Why Coal?
............................................................................................................................................ 6
What is Coal Green Mining?
.............................................................................................................. 8
More on Coal Green Mining
................................................

0. About this ICO (Abstract)
Owning Borneo coin will allow you to participate in Blockchain projects run by Borneo
First (BF). Our projects aim to unleash the true potential of Borneo Island while maintaining
harmony with its rich nature and wildlife.
In the beginning, we will focus on three main projects:
Coal Green Mining, Independent
Power Plant
and
Cryptocurrency Mining
. Meanwhile, we also have some projects in the
pipeline including CSR projects focusing on sustainable reservation endangered species
such as Orang Utan. We foresee that some of these projects could result in another
blockchain powered cryptocurrency, which will benefit BF community financially.
BF team will work continuously to add more value to Borneo coin while also actively
communicating with its supporting community to decide which projects BF should pursue.
Please turn to
The Token Economy
section to go straight to see the economics of Borneo
coin. You may continue reading to ...

Borneo island (In Malay: Borneo, In Indonesian: Kalimantan) is located South East Asia
region and fall into the authority of three countries Malaysian state of Sabah and Sarawak
in the north (26% of the island), Brunei (1% of the island) on the northern coast, and
Indonesia (73% of the island) in the south.
ii
BF is focusing on, aiming at, and prioritizing Borneo island and placing its projects within
the area under the control of Indonesian government. The area consists of five provinces:
North Kalimantan, West Kalimantan, East Kalimantan, Central Kalimantan, and South
Kalimantan.
There are many
reasons to invest in Borneo.
The third largest island in the world - after
Greenland and New Guinea - is known for its abundant natural resources and tremendous
economic potential. BF team has put together a list of reasons why Borneo island is suitable
for providing its community various potential projects now and in the long future to come:
1. Rich natural resources
This is ...

2. Low exposure to natural disaster
Although mountains are present in Borneo Island, such as Mt. Kinabalu (4,095 m), Mt.
Trusmadi (2,642 m), and Mt. Kemul (1,847 m) among other mountains,
geological
activities under the island are mild, as all of the volcanoes are
extinct.
v
Earthquake is considered a rare event, which would likely to occur once in hundred
years in the northwest part of Borneo (our projects are in the south part). Given Borneo
island
’s natural geographical feature, landslide and flooding are also rare.
3. Climate
The climate of Borneo island is tropical rainforest climate in which there is no dry
season, and it’s typically hot and wet throughout the year. So, severe weather
conditions are unlikely.
4. Equatorial zone
Borneo island is in the equatorial zone where the area receives the most sunlight
throughout the year compared to other regions in the world, and is more suitable for
development and construction of solar power plant.

6. Low-cost of living
With Indonesia’s cost of living index of 39.74 and rank no. 81
-
compared to UK’s
75.85 (rank 23) and neighbor Singapore’s 91.40 (rank 8)
viii
, the cost of living is fairly
cheap.
In Borneo island, according to Indonesian government minimum take-home pay
regulation, entry-level job will cost employer around USD 200/month and experienced
university graduate takes around USD 700-1000/month.
7. Low land cost
The cost of land acquisition is USD 1 per square meter on average and makes it very
feasible for a business that required a large amount of land, such as solar power plant.
2. Projects Portfolio
Borneo First winning formula to create a long-term sustainable asset for its
community is
by creating projects portfolio that can hedge each other’s risks.
We combine multiple streams of income into one winning formula where these
multiple streams of income will guarantee not only the value of the investment but also
t...

a. Coal Green Mining Project
Why Coal?
Despite humankind starts to move toward renewable energy, it is hard to deny
that right now we are still dependent on fossil energy like coal. Fact is, since 1970,
the use of coal-fueled electricity has gone up 350% around the world. Coal
currently fuels 41% of global power (around 33% in the United States specifically).
These numbers will continue to rise. Why? One reason is that developing countries
in Asia, such as China and India, are using more coal.
China and India are the two most populated countries in the world, meaning that
there are a lot of people who want and need more energy. As of 2015, there are 240
million people living in India who do not have access to electricity. India’s
government is hoping to change that, because access to electricity means a better
economy and a better quality of life for its residents. India is developing large-scale
coal-fired power plants to meet this increase in demand.
Thus, making coal mining stand...

Coal Price Chart Comparison
(Indonesia Coal Reference Price, Australia Coal Price, and Columbia)
Jan-09

Oct 2017
Borneo First team has already identified potential partnership with a landowner
of 2000 ha land tied with a license for coal mining located in South Kalimantan
province. BF as investor will provide landowner with funding, expertise, and
resources for coal mine operations.
Coal Mine Location
Borneo First
last updated: 2018/05/10
...

What is Coal Green Mining?
Coal mining industry has been through many critical and major
changes in time in terms of making its mining process
environmentally friendly and we are at BF are committed to
making minimum negative impact on the environment.
Our coal mining projects will produce environment-friendly
thermal coal which is characterized by low ash and low sulfur and
makes it the lowest HAPs amount in the world.
This type of coal is suitable for a source of energy to create low emission coal-
fired power plant and has been the trademark for coal mined from Borneo island
and acclaimed international reputation.
INDONESIAN COAL RESOURCES DISTRIBUTION
Borneo First
Source: www.meti.co.jp
xi
last updated: 2018/05/10
...

Borneo Roadmap

1
Q4 2017

Identifying potential of Borneo island.

2
Q1 2018
Borneo First team and idea formation.
3
Q2 2018

Presale (April), KYC/AML (May), ICO Phase 1 (June).

4
Q3 2018

ICO Phase 2 (July), Exchange listing (August).

5
Q4 2018
First Airdrop (October).
6
Q1 2019
Second Airdrop (January).
7
Q2 2019

Third Airdrop (April).

Agus Arbyana
Chie Executive Officer Agus Arbyana CEO - Founder

Muchid Rofi’I
Advisors Muchid Rofi’I Advisor - Coal Mining Business

Ananda Ivannanto
Advisors Ananda Ivannanto Advisor - Power Plant Business

Darius Dubut
Advisors Darius Dubut Advisor - CSR and Organizational Development