BUILDCash
BUILDCash
Token: B1x


BUILDCash (B1x) is freely tradable digital money that is integrated in the BUILD1x ecosystem for the construction industry that will enable builders and craftsmen to: find work and projects, validate work completion, and facilitate instant payments.

PreICO dates
Start date: 2018-09-28
End date: 2018-11-01

ICO dates
Start date: 2018-11-02
End date: 2018-12-31

Registrated in: USA

Platform: Ethereum
Type: ERC20

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BUILDCash whitepaper
BUILDCash token sale
KYC passing required Yes | Whitelist No | Restriction for countries China,Korea,Singapore
Soft cap 1 Million (USD) reached
Hard cap 4985000000
Tokens for sale 445,000,000
Token distribution in ICO
30%
30%
Price 1 B1x = .16 USD
Price in PreICO 1 B1x = 0.03 USD
Minimal investment .5 ETH
Acceppting ETH
BUILD1x is a total “BUILD” solution solving three main issues in the global $10 trillion construction industry. Launching in first quarter of 2019, BUILD1x is a web and mobile platform providing users with real-time ability to financially manage, hire, and communicate during projects more efficiently. 

The platform creates an ecosystem by utilizing some very unique features: BUILDCash (trade symbol B1x) is a digital currency to pay for goods and services, BUILDComm allows for real-time project communication through all levels, BUILDBoard is the world’s first interactive job board for the construction industry, and BUILDPay serves as a fast payment and distributed ledger system utilizing blockchain. 

Working MVP is currently in testing phase. 

The BUILDCash token is an ERC-20 token and will be offered as a security to qualified investors in accordance with all applicable US and state laws and regulations.  
The BUILDCash token will pay 7.5% of adjusted gross revenue to token holders on a quarterly basis, subject to quarterly board discretion and approval and the conditions precedent (or substitute requirements) outlined in the PPM. BUILDCash aims to promote price stability by providing an automatic one year lock-out period for token holders.
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Random whitepaper excerpts

Table of Contents


Disclaimer
03


Intro and Vision
04


Construction Industry and Challenges
05


The Total “BUILD” Solution
06


BUILDCoin Initial Coin Offering
08


BUILD1x B1x Fund
11


BUILD1x Mobile Platform
12


Roadmap
13


The Team
14


Summary
17
...

Disclaimer
BUILD1x, Inc., A DELAWARE CORPORATION, ADVISES EVERYONE READING THIS
WHITEPAPER TO READ THIS DISCLAIMER VERY CAREFULLY. IF YOU HAVE ANY DOUBT
AS TO THE ACTIONS YOU SHOULD TAKE REGARDING THIS WHITEPAPER, PLEASE
CONSULT YOUR LEGAL, TAX, FINANCIAL, OR OTHER PROFESSIONAL ADVISOR.
The information set forth below may not be exhaustive and does not imply any elements
of a contractual relationship. While we make every effort to ensure that any material in
this whitepaper is accurate and up to date, such material in no way constitutes the
provision of professional advice. BUILD1x does not guarantee, and accepts no legal
liability whatsoever arising from or connected to the accuracy, reliability, currency, or
completeness of any material contained in this whitepaper. The BUILDCoin Pre-Initial
Coin Offering and the BUILDCoin Official Initial Coin Offering is restricted to non-U.S.
citizens and U.S. citizens that qualify as accredited investors. All potential BUILDCoin
holders should seek app...

Introduction and Vision
The construction industry is plagued by inefficiency, lack of transparency, delayed
payments, insufficient and expensive funding. These problems unnecessarily raise the cost
of construction, which is ultimately passed on to consumers.
With the inception and rise of cryptocurrencies, nearly instant and low-cost transfers of
value have become an everyday way of managing one’s assets. The underlying technology
of cryptocurrencies is Blockchain technology. By utilizing the power of this digital asset
distribution and decentralized distributed ledger system, the construction industry can
achieve better transparency, improved efficiency, and a flat architecture where everyone
has fast access to the funds they need.
BUILDCoin will provide a new financial infrastructure available to everyone in the
construction industry with access to a smartphone.
04
...

Construction Industry Overview and Challenges
Though the construction industry is one of the most recognizable in the world, few
understand the underlying challenges facing today’s builders, suppliers, contractors,
subcontractors and workers. In the U.S. alone, this industry is made up of well over ten
million people with an annual spending of over one trillion dollars.
Four major challenges facing the construction industry:


Funding Sources
Traditional funding sources typically have a 30-90 day delay in payment after a task
is complete. Since the payment is delivered long after the task is complete,
contractors are forced to utilize short term, extremely high interest rate, solutions.
Ultimately, these unnecessary costs get passed on to the consumer.


Inflated Labor Costs / The Under - Banked
With a majority of the construction labor force using alternatives to traditional
banking relations, contractors and their workers lose productivity and ty...

The Total “BUILD” Solution
The combination of BUILDCoin, the B1x Fund, and the BUILD1x Mobile App will provide
the real-time ability to source and financially manage construction projects far more
efficiently than today’s. This total “Build” solution brings efficiency, transparency, and a
new level of trust to construction professionals.
BUILDCoin is a cryptocurrency specifically for the construction industry. Though
BUILDCoin will eventually be an open market currency, the initial launch will be utilized in
the BUILD1x Mobile App and through the B1x Fund.
B1x Fund
A revolutionary, zero percent
interest rate, fund source for new
construction projects.
BUILD1x Mobile Application
A B2B mobile platform that
connects construction teams, and
allows for the real-time flow of
information and resources.
06
...

BUILDCoin GEN
The BUILDCoin GEN is a centralized system deployed to the Ethereum Blockchain that is
the coordinator of the smart contracts within the system, as well as the generator and
distributor of BUILDCoin. Only 500 million BUILDCoin will be generated. Open exchange
trading of BUILDCoin is anticipated Q2 2018.
BUILDCoin: Trade Symbol “B1x”
BUILDCoin is derived from an Ethereum ERC20
token and will be tradable among members of
the BUILD1x mobile platform for products and
services. BUILDCoin will be fully tradable on
cryptocurrency exchanges under the trade
symbol “B1x”.
Real-world demand for BUILDCoin will come
from peer-to-peer payments for products and
services within the BUILD1x mobile platform as
well as interest from cryptocurrency investors.
The BUILD1x Debit Card
BUILDCoin may be used for everyday
purchases via the reloadable BUILD1x Debit
Card. Each member of BUILD1x, as well as
outside holders of BUILDCoin, will receive a...

BUILDCoin Initial Coin Offering
What is an Initial Coin Offering?
An Initial Coin Offering, also referred to as an ICO, is an event in which a new
cryptocurrency project sells part of its cryptocurrency tokens to early adopters, and
enthusiasts in exchange for funding. For the party offering the cryptocurrency for sale,
this has become a well-documented and well-respected way to raise funds to upscale an
existing product or service.
The sale by the Distributor of BUILDCoin tokens in connection with an Initial Coin Offering
(the “BUILDCoin ICO”) to you as a purchaser thereof, will be subject to and governed by the
Terms and Conditions (T&Cs), the Private Placement Offering Memorandum (PPM), and a
Simple Agreement for Future Tokens (SAFT) Agreement, which are separate documents
setting out the terms and conditions of the agreement between the Distributor and you in
relation to the BUILDCoin ICO. In the event of any inconsistencies between the T&Cs, the
PPM, the SAFT Agreement and t...

BUILDCoin Initial Coin Offering
Why an Initial Coin Offering?
Imagine a new monetary system for millions of construction professionals that is
completely transparent, secure, trusted, time-saving, and widely accepted. Digital money
and an alternative funding source with smart contract fund distribution that could
ultimately lower new housing costs by over 10%, which on a $500,000 home would be
$50,000 in savings. Our vision is ambitious, but certainly within reach.
The construction industry is ripe for disruption and the opportunity to provide a solution
for it’s biggest problem is very real.
Adding talent to our team for design, research, development, management, sales and
marketing will require additional funds. And, the opportunity for strategic acquisitions
and initial anchor funding for the B1x Fund would accelerate execution of our vision.
With an ICO, we can immediately begin investing the funds raised into BUILDCoin’s
purpose – easing friction in an industry that is ripe for im...