When do you find out wheather or not you have been given the banking license for UK?
Ok, one last question for now. How do you plan on releasing the rest of the bax tokens into circulating supply?
1. Regarding the BOE banking licence:
From submitting the application it can take up to 12 months to obtain the full licence but we’re aiming to make it in 9 months
2. Launching the product will drive new demand for BAX and therefore we will supply the market. BABB thinks it makes sense to release a second tranche of tokens once the platform is live and BAX is of practical use, rather than selling them all now. There would be another 10bil BAX for sale to users. There may be a gradual release into the market of the additonal tokens (at market price): if appropriate and there is enough demand (which should not affect market price).
These are the conditions for the second phase of the token sale:
This won't happen until BABB will deliver:
a) a banking licence
b) at least one international partnership with a bank
c) a working product
Here is a short video about this:
https://www.youtube.com/watch?v=DpeiUS2YzjEYou can join the BABB discussion here:
https://t.me/babb_official
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and if all goes well, i return with higher sums 
