From these total tokens, 10% will be used for the reward program and marketing and 40% will be allocated to the team and founders. The 10% allocated for the reward program and marketing will be divided as follows: 80% towards rewards and 20% towards marketing. During phase 1, 10million USD will be collected in 3 stages: 2 million in a private sale, 3 million in a pre-sale, and 5 million at the main public sale stage.

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Bamboo’s Ecosystem uses the token for:
A. Discounts for premium payments
B. Usage in retail shops within the Ecosystem
C. Trading on Bamboo (BBO) listed exchanges
D. Discounts in fitness centers within the Ecosystem
E. Ecosystem Partners can bulk purchase tokens and distribute them to their customer base


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The fundamentals of the current success include customised, innovative and unique insurance solutions, a fresh approach towards risk underwriting, a strong network of ASEAN insurance companies and intermediaries, and a strong regional team and support.

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Competitive Advantages:

- An Integrated Value Chain providing a one-stop solution center for brokering, insurance and reinsurance services.
- Four insurance licenses that have been driving the recent growth: captive, broking, life, and general.
- Proven Business Model that can be replicated for other products i.e. Takaful and Retakaful and/or in new markets in the region

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By leveraging on Acurra’s vast industrial experience and expertise as well as the readily available access to existing infrastructure, it is a natural progression to venture vertically upward into the insurance and reinsurance business in order to capitalise on the largely untapped business potentials.

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The Bamboo platform will be entrenched into the consumer’s lifestyle and is incentivized by tokens, lower premiums, big data, monetization, among other factors.

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The Bamboo App will feature:

1. Tokens or points which will be awarded to users for achieving certain targets.
2. Token acquisition incentives through gamification.
3. An encyclopedia on the latest information on food and health breakthroughs. The app will also include an open   source database containing variable data collected and shared on the wellness Ecosystem and the Hall of Fame of users with the top achievers for certain milestones. Moreover, the encyclopedia will contain medical terminology.
4. Activity planner and gym locator/ clinic/dietician locator and promotions

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Ambassadors will be offered a bounty to seek and detect frauds and misleading information about food products. These programmes will be frequently updated to cater to different segments from fish, vegetables, beef, chicken, and fruits.

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With the availability of free data and users able to deduce their own conclusions and make the right decisions, we are able to use that to attract users to support our movement and demand for better food security.

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Through the blockchain, medical records can be cryptographically secured and shared between health providers, increasing interoperability in the health insurance Ecosystem.

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On the other hand, when insurance claims are moved onto an immutable ledger, the common sources of fraud in the insurance industry are mitigated.

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It is alarming to think of the high health risk that consumers are exposed to through the products they consume. By applying blockchain technology to track food from its origin, this risk will be eliminated.

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Bamboo solves the fraud and risk issues associated with the insurance industry as well as the adulteration of food supply chains by leveraging blockchain technology.

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The design and implementation of a tailored food risk management plan and option to change customers’ lifestyle will then follow.

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In addition, Bamboo facilitates reassessments and the tracking of all new and old products through the enforcement of insurance and live-tracking processing lines.

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By providing open source data with detailed analysis, society will be aware of food manipulation. Creating a conscious consumer would ensure that big food conglomerates will stop food fraud and endorse governments to implement stringent rules and regulations on food risk protocol.

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Archipelago developed the assessment with independent labs and expertise in the field together with real-time data acquired from insured farmers, and in consultation with food industry leaders around the world to help put users in a stronger position to fight fraud.

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Bamboo will create a food risk vulnerability platform that users can use to help identify their vulnerabilities to food fraud threats.

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Another food risk example that consumers are exposed to is soft drinks. According to Dr. Hasting Lustig a Professor of Pediatrics in the division of Endocrinology at the University of California, there is a relationship between obesity and soft drinks. The high sugar content in soft drinks, which is in the form of a carbohydrate called fructose, has several negative outcomes including glycation. Glycation is a process where sugars attach themselves to proteins, fats, and amino acids. This process is associated with kidney disease, diabetes, cognitive decline, blood pressure issues, and gout.

It is the addition of sugar that makes consumers “addicted” to soft drinks. As a result, manufacturing companies that make soft drinks continue to stay in business.

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Food risk is the deliberate deception to use food for economic gain through methods such as substitution, addition, dilution, tampering or misrepresentation of food, food ingredients or food packaging. Food risk leads consumers lose confidence in food security.

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