Bitcoin Forum

Blackmoon Crypto team photos

Oleg Seydak, CEO - https://www.linkedin.com/in/olegseydak

https://i.imgur.com/KDMZTvm.jpg

Ilya Perekopsky, Cofounder - https://www.linkedin.com/in/iliaperekopsky

https://i.imgur.com/GsdeiS6.jpg

Sergey Vasin, Investment Director - https://www.linkedin.com/in/svasin

https://i.imgur.com/S90oIWH.jpg

What is BMC token explained by Sergey Vasin, Investment Director.

Blackmoon Crypto Token (BMC) is the token of the Blackmoon Crypto Platform. This token plays an instrumental role on the platform:

 — BMC tokens linked to accounts of a Continuous Contributors receive all the Platform’s fees from the funds creation and operation on the platform;
 — BMC tokens are required to perform certain high level roles on the platform, including that of the investment advisor;
 — BMC tokens give the right to participate in the platform’s decision-making process.

The number of BMCs is fixed and no additional creation is possible after the distribution period.

Based on legal advice and opinions we gathered during the preparation process, BMC tokens would not be deemed as securities by SEC based on the famous Howey test and should be considered as an utility tokens of the Platform. We pay a lot of attention to that matter and are in continuous communications with US attorneys while formalizing our position.


https://i.imgur.com/6Jgnvfn.png


1. Distribution

The Distribution period starts on September 12, 2017 at 01:00 pm UTC and will go until October 11 or until the cap is reached. All available BMC will be issued during the Distribution period. This will be a one-time operation and no additional issuance is available for BMC tokens. The total number of BMC to be issued will be calculated at the end of the Distribution Period according to the formula: amount of BMC sold during the Distribution multiplied by 2.

 — 50% of the BMCs will be allocated to the public contributors who participated in the Distribution process including bonuses provides to contributors during the promo campaign.
 — 30% of the BMCs will be allocated to the Company reserve and locked for a minimum of 36 months. This reserve is a source of the Company’s income after the Distribution Period.
 — 20% of the BMCs will be allocated to the founding Blackmoon Crypto team and advisors, locked in a smart contract with a 24-month vesting period, and six-month cliff. Some BMCs from this pool (but not more than 5% of all BMCs) will be allocated to non-operational advisors and will be locked with a six-month cliff without vesting. Up to 3% will go to subcontractors and bounty campaign members without vesting.


2. Continuous contributors.

Continuous contributors are the BMC holders who perform specific roles related to the platform development. One of the main roles that will be available is that of an Investment Advisor who manages tokenized investment funds created on the platform. Other roles will include platform ambassadors, promoters, investment analysts and voters, legal advisors, public auditors and GR advisors. A full list of roles will be publicly available and updated as needed to reflect the current needs of the platform’s development.

We plan to introduce more than ten different roles to provide both common and professional holders with the means to participate in the Platform’s development.

To register as a Continuous Contributor the holder of BMC tokens can choose the role that she/he is willing to execute as a contributor to the Platform and deposit BMC to the depository wallet. The registration will be available on the website before the first fund is started.

3. Proceeds.

BMCs holders registered as Continuous Contributors to the Platform and who have linked their BMC to respective accounts will receive a share of all Funds’ tokens that operate on the Platform in exchange for execution of their roles.

Continuous Contributors will receive a distribution of Funds’ tokens from the first Fund created on the Blackmoon Crypto Platform without having to wait for the company to reach breakeven.
The sources of the proceeds are:

 — Structuring and promotion fee: 0–10% from the amount of the issued fund tokens. On average 2.5%
 — Maintenance fee: This can differ from one fund to another, but on average it may be equal to 0.5% per annum paid daily in fund tokens via a smart contract
 — Transaction fee: This fee occurs upon transferring fund tokens from one wallet to another in the amount of 0.25% from the token amount paid in fund tokens via the smart contract.


Handy links:

 — website: https://blackmooncrypto.com
 — whitepaper: https://blackmooncrypto.com/bmc_whitepaper
 — teaser: https://goo.gl/iGWQ5N
 — telegram chat: https://t.me/blackmooncrypto
 — parent company website: https://blackmoonfg.com


Source - https://medium.com/blackmoon-crypto/the-bmc-token-d027a0b35cc

How to Lend the BMC Token

Blackmoon Crypto Token (BMC) plays an instrumental role on the Blackmoon Crypto platform. BMC holders can register as Continuous Contributors and receive proceeds from the platform operation while performing certain roles and voting on strategic matters.

Investment advisors are also required to deposit BMC to the platform in order to start a fund, so there would be a fundamental demand for the BMC tokens in the market.

But what should a BMC holder do if she doesn’t want or cannot register as a Continuous Contributor, nor is willing to sell the BMC token?

Blackmoon Crypto platform plans to introduce an option to temporarily provide a BMC token from one party to another.

Here is how it works:

https://i.imgur.com/0dBcUya.png

1. The Provider of tokens deposits BMCs she is willing to provide to a special wallet within the Blackmoon Crypto platform.
2. The Recipient and the Provider agree on the terms of the arrangement such as tenor, the share of the future income from the tokens that the Provider shall get and the Continuous Contributor’s role which the Recipient intends to perform.
3. Submitted BMCs are frozen and neither the Recipient nor the Provider can withdraw tokens from the depository wallet on the platform.
4. These tokens are considered to be temporarily owned by the Recipient. The Recipient receives corresponding proceeds from the platform if she is qualified as a Continuous Contributor.
5. Within the term of the agreement, the income from such tokens is shared between the Provider and the Recipient according to the terms of the agreement.
6. When the term of the agreement lapses, the BMCs are unfrozen and returned to the Provider.

We at Blackmoon Crypto believe that this arrangement can give additional value to BMC holders and encourage them to keep tokens instead of selling them.

We intend to introduce the MVP solution for face to face deals before the first fund on the platform is started and to present the smart contract for execution of the process before the end of 2017.

Handy links:

 — website: https://blackmooncrypto.com
 — whitepaper: https://blackmooncrypto.com/bmc_whitepaper
 — teaser: https://goo.gl/iGWQ5N
 — telegram chat: https://t.me/blackmooncrypto
 — parent company website: https://blackmoonfg.com

Source - https://medium.com/blackmoon-crypto/how-to-lend-the-bmc-token-ec2bf57d8981

And what do these words mean: ... reserved team?

Was just reserving posts for the photos and more info. Look above! :)

We just hit 2$
2X ICO Price

https://i.imgur.com/H4Syk5I.jpg

Great run! Now we need to reach ICO price in ETH (it was 0,0033 ETH right?).

Dont miss Oleg's speech at BTC Miami

David Gonzalez | Blackmoon
Oleg’s speech is 19th of January between 11.30 am and 12pm.

Looking forward to this. I am sure it will attract a lot of outside interest.

Do you know if will there be live stream to watch?

I think so, since this speech should interest so many investors and the developers of the project, that is, publicizing the project

What the reason of this post? Do you make it for some bounty rewars? If so just  give us the link on this bounty and we will doing such posts as well. As I know ICO was finished few months ago. Please clarify the reason of this activity

Read the first sentence in my OP. There is no bounty, this is just an unofficial BMC thread to discuss anything about this great project. :)

Also looking forward to the speech.

BMC is up over 30% today  ;D

Must be the anticipation of the first fund release!

The best Token

Message from CEO, Oleg Seydak from the official telegram channel: https://t.me/blackmooncrypto/104315

Latest update from the team is available!

https://i.imgur.com/hbAn20W.jpg (https://news.blackmooncrypto.com/blackmoon-crypto-monthly-digest-january-2018-a8382944c4bd)
https://news.blackmooncrypto.com/blackmoon-crypto-monthly-digest-january-2018-a8382944c4bd

Few quick facts:
- Name Rebranding - Beginning from January, the name of our product as a service will no longer be called “Blackmoon Crypto” but just “Blackmoon”.
- BMC Holder Account dashboard - We are expecting a beta version to be ready by the end of February.
- Secondary Market Development (Fund tokens) - We are continuously looking for licensing foundation for secondary trading of Fund tokens.
- Looking into Belarus for potential legal structuring
- Community Survey results
- New legal partners
- Developments with Bank Representatives and Brokerage firms
- New Blackmoon Team members
- Plans for January and Events

https://i.imgur.com/r5rYwPI.png

https://i.imgur.com/z9WzQDQ.png

https://i.imgur.com/0oLomha.png

https://news.blackmooncrypto.com/blackmoon-crypto-monthly-digest-january-2018-a8382944c4bd

There is going to be AMA answered by Felipe from PR & Marketing of Blackmoon. You can ask questions on telegram channel.

This $ 30,000,000.00 was able to reach the hard capt of the project or the same did not have soft and hard capt? And what was the value of the token to ICO?

$30M was a hard cap and the price was $1. Check more info about tokensale here - https://news.blackmooncrypto.com/blackmoon-crypto-successfully-completed-the-token-sale-91a74bc7fb2e

Dev's don't want to create they own thread here? Or maybe they just don't have enough time?

Check the first post - the original thread was locked.


Video form AMA is already available - https://www.facebook.com/blackmoonfg/videos/789236024609603/

And we have slight delay in Qryptos listing - it will take place Feb 8th, not 5th.

Lots of great news on the latest update from Blackmoon!

https://i.imgur.com/IZWTOxr.jpg (https://news.blackmooncrypto.com/blackmoon-monthly-digest-february-2018-a1b3a926dc7f)
https://news.blackmooncrypto.com/blackmoon-monthly-digest-february-2018-a1b3a926dc7f

Whats new:
- Redesign of the commisions structure - Investors will no longer pay structuring and maintenance fees, but will now be subject to creation and redemptions fees instead.
- Continuous Contributors roles and payments details
- Funds development - At this point the chances are high that yet another fund will be in the pipeline, making the total number of funds released in the first wave equal to three.
- New partnership
- New team members

and more.

https://i.imgur.com/EpXEg4L.jpg

https://i.imgur.com/VgFdNaH.png

With the upcoming launch of Blackmoon Platform, here are the latest news form the team.



https://i.imgur.com/CdBDPKV.png (https://news.blackmooncrypto.com/bmc-fees-distribution-for-the-continuous-contributors-31597a5f7bd3)
https://news.blackmooncrypto.com/bmc-fees-distribution-for-the-continuous-contributors-31597a5f7bd3

- BMC fees distribution for the Continuous Contributors - a deeper dive into the fees distribution mechanism


https://i.imgur.com/dTBoKo3.jpg (https://news.blackmooncrypto.com/blackmoon-monthly-digest-march-2018-13dcb6003f8a)
https://news.blackmooncrypto.com/blackmoon-monthly-digest-march-2018-13dcb6003f8a

- First fund will be launched by the end of this month!
- Blackmoon Website: New domain - the change in the domain name will happen simultaneously with the release of the new version of the website: blackmoonplatform.com
- Development with Asset Managers, Banks and Secondary Markets
- Upcoming events and competition
- New team members

https://i.imgur.com/KGnrd48.png

https://i.imgur.com/jgzgNBL.png

https://i.imgur.com/CMWKflY.png

Well, I couldn't know if it's going straight to the moon, but I know BMC is required to launch the fund and to become a Continuous Contributor, which gets you some income. So, demand for BMCs and volume should rise after the platform start.

This blog post is about SPDR S&P500 ETF indexes

The idea of index investing appeared more than 30 years ago. At that time only trusts and closed end funds tried to provide the investors with the opportunity to get exposure to one class of assets. According to “The Exchange-Traded Funds Manual” written by Gary Gastineau, the first kind of ETF was Index Participation Shares for the S&P 500 launched in 1989.

The SPDR S&P500 ETF was designed to track the performance of the US large cap market equities included in S&P 500 index. So the purchase of shares of this ETF provides investors with the access to the US large cap space and also with the investment results corresponding to the price and yield of the S&P500 index.

Read more about it on the latest Blackmoon blog post - https://news.blackmooncrypto.com/spdr-s-p500-etf-fba4b5e44c90

Interesting news about BMC and Assets tokens and their structure on Blackmoon platform. These smart contracts govern each and every aspect of Asset token creation, exchange, and redemption as well as the distribution of the rewards to the continuous contributors. Now they are all publicly available on GitHub page - https://github.com/blackmoonfg

Asset Tokens enable the crypto community to get access to the performance of a wide variety of hedge funds or exchange traded funds tokenized through the Blackmoon platform. Blackmoon cooperates with the best asset managers to meet the demand for professionally managed investment vehicles that invest in fiat and crypto assets depending on their investment policy.

Each and every fund has a necessary corporate and legal structure, including fund administrators and auditors to ensure transparency and accountability of the results as well as recognition in the traditional financial system.

Blackmoon closely monitors fund managers during the onboarding process to ensure that only the funds with the best teams, proven track record, and solid investment policy join the platform.

Would you guys buy it? You can vote in the poll here - https://t.me/blackmoonplatform/1559

https://i.imgur.com/HxrUEM8.jpg (https://news.blackmooncrypto.com/blackmoon-monthly-digest-june-2018-930838635e6d)
https://news.blackmooncrypto.com/blackmoon-monthly-digest-june-2018-930838635e6d

Blackmoon introduces the Xiaomi Token (BMxXMI)

This is the first such event in the crypto space ever! In the near future, tokenization of real world assets will be one of the best use case for blockchain. Blackmoon platform users will be the first to have a chance to buy Xiaomi IPO.


https://i.imgur.com/6SYbCcd.png

The team also introduces the first Crypto Funds

There will be three funds with different strategies, but all with great liquidity and returns.
- The BMx1DV Token — One Day Most Volatile Strategy
- The BMxT20 Token — Top 20 Market Cap Strategy
- The BMxDDR Daily Delta Rebalancing Strategy

Read more on the official blog.

Check out the brand new blackmoon site design, with long awaited updated roadmap and upcoming crypto funds - https://www.blackmoonplatform.com/

https://i.imgur.com/fONV9O3.jpg

https://i.imgur.com/MU7C9iQ.jpg

https://i.imgur.com/eGakI0M.jpg

https://i.imgur.com/yviMIj7.jpg

Looks like we are really close to see Continuous Contributors module.

I believe that the project has great prospects. And with such an active and advanced team even more so! Success and advancement! Wink

how about xiaomi corporation ?
its officially them invest on blackmoon ?

@rababo

No, Xiaomi is not investing here. Blackmoon created a compliant token (BMxXMI) which represent real Xiaomi share, and is backed 1:1 by those shares, which were bought during IPO via a broker. Right now order book is closed, but you will be able to trade BMxXMI on the secondary market planned to launch on Blackmoon platform soon.

Is there any news about this project? They raised 30m and the project should have more updates and followers.

The graph says only one thing.
https://coinmarketcap.com/currencies/blackmoon/
This project, like many others, is not needed by anyone in market.
Hitbtc is the only exchange where bots trade with each other and on about the develope dont see anything interesting that can give interest to a simple investor.

Pity to say its at the very bottom.

Hey! Any news about Blackmoon?

Their approach: first block account, then ask questions.