[ANN] BANKEX | Proof-of-Asset Protocol

[mexi.db]

BANKEX Welcomes New Advisors: Investment Experts Steven Wasserman and Charles Wyman! They will join BANKEX Advisory Board during the public token sale.

https://blog.bankex.org/bankex-advisors-steven-wasserman-and-charles-wyman-pioneers-in-the-innovative-funding-and-finance-af02ddfe7a0e

[obsbtc]

does the bankex ico has a variable exchange rate, where the bankex token amount will be adjusted to the current ether price??

No, and current rates can be seen in BANKEX's website https://bankex.com/

When do Dev announce on which Exchange(s) Bankex will be listed? and What is the price in ICO ?

Information regarding that only after TSE ends. Regarding TSE rates they can be seen on the website as said above, they're at 538 BKX/ETH at the moment.

am I right in my calculations that at current ETH price Bankex need to reach at least $500m market cap(with 400m tokens issued) in order for the investors to get break even?

BANKEX tokens are use tokens and should be seen as such, so your question doesn't really have a reply as it is not really applicable to BANKEX.

very good project, I am interested to follow the progress that has been running. when ico of this project will be completed and what will happen to the unsold token, whether it will be burned or stored again. and most importantly where the market plan provided after ico is successful

Thanks for your interest in the TSE. Unsold tokens in retail will be reserved for institutional.

Hello everybody!! How do you think ICO will end before December 28? Hard cap to meet?

Thanks for the interest in the TSE. Sale limit is 80,000,000 BKX as per the website

So you're not going to burn them?

No.

[obsbtc]

Fresh news on BANKEX, new article posted on their blog!

From Solving Ethereum Overload to Deploying a Trading Platform

[meditations1]

Keep up with Bankex on telegram! https://t.me/bankex

[StratisKing]

does the bankex ico has a variable exchange rate, where the bankex token amount will be adjusted to the current ether price??

The rate is designed for 1 ETH=XXX BKX tokens, from 500-800, so I think the price is fixed in eth during some specific time, not adjusted by USD rate.

[Dump3er]

I saw you have a retail cap and a hard cap. Does that still count? Because the graphic for the token sale doesn't allow for the hard cap to be reached as it seems. What role does your hard cap play?

[newb-dev]

Hi if someone sent the ETH contribution from an exchange would he still be able to get the bankex tokens?

[maryhansenn]

Hi. what is the address and decimals to load Bankex coin in My ether wallet?

[matthewtherry]

When does this token hit the market and be a live currency on exchange?

[premium_domainer]

When does this token hit the market and be a live currency on exchange?

If it doesn't make a hard cap (which is a possibility) it will end in 13 days and after ico finish, we will see it on exchanges. So there is not that much time left.

[Mr.Ease]

When does this token hit the market and be a live currency on exchange?

If it doesn't make a hard cap (which is a possibility) it will end in 13 days and after ico finish, we will see it on exchanges. So there is not that much time left.

Yeah, with such inflated prices, it's hard to see a massive buyout occuring.

Is there going to be a burn of remaining unsold tokens? Airdrop?

[premium_domainer]

When does this token hit the market and be a live currency on exchange?

If it doesn't make a hard cap (which is a possibility) it will end in 13 days and after ico finish, we will see it on exchanges. So there is not that much time left.

Yeah, with such inflated prices, it's hard to see a massive buyout occuring.

Is there going to be a burn of remaining unsold tokens? Airdrop?

I am not sure but I hope they will burn unsold tokens or share to investors.

Airdrop is the most horrific thought. It will make investors bleed.

[obsbtc]

I saw you have a retail cap and a hard cap. Does that still count? Because the graphic for the token sale doesn't allow for the hard cap to be reached as it seems. What role does your hard cap play?

Retail hard cap is as seen on the website https://bankex.com/en/

When does this token hit the market and be a live currency on exchange?

After TSE ends, this is being discussed meanwhile.

Hi. what is the address and decimals to load Bankex coin in My ether wallet?

Information regarding this will be sent once tokens are transferred.

Hi if someone sent the ETH contribution from an exchange would he still be able to get the bankex tokens?

He would, it should be fine, but please take note that this isn't recommended as it may take more time than just contributing from your wallet.

[Nyjxrb30]

When does this token hit the market and be a live currency on exchange?

If it doesn't make a hard cap (which is a possibility) it will end in 13 days and after ico finish, we will see it on exchanges. So there is not that much time left.

Yeah, with such inflated prices, it's hard to see a massive buyout occuring.

Is there going to be a burn of remaining unsold tokens? Airdrop?

I am not sure but I hope they will burn unsold tokens or share to investors.

Airdrop is the most horrific thought. It will make investors bleed.

Unsold tokens are held in reserved for institutional clients, with minimum purchase of 1000 eth and limited for resale for 365 days from purchase date.

[fred_m]

Hi, Can you confirm that the token will be listed on exchanges immediately (or quickly) after the TSE ? also most importantly, can you guarantee that these exchanges are of important size and serious ones (I'm not talking here about exchanges which have a daily total volume of 1m$). Can you confirm you already have agreements to be listed on some of theses?
I would appreciate if an admin (or an insider) could fairly and honestly answer these questions. Because it is becoming more and more common to see ICOs which ended several months ago and which still haven't their tokens listed anywhere. That is for me the major risk in participating in an ICO today.

[obsbtc]

Hi, Can you confirm that the token will be listed on exchanges immediately (or quickly) after the TSE ? also most importantly, can you guarantee that these exchanges are of important size and serious ones (I'm not talking here about exchanges which have a daily total volume of 1m$). Can you confirm you already have agreements to be listed on some of theses?
I would appreciate if an admin (or an insider) could fairly and honestly answer these questions. Because it is becoming more and more common to see ICOs which ended several months ago and which still haven't their tokens listed anywhere. That is for me the major risk in participating in an ICO today.

Thanks for your interest in the TSE. We can't confirm on specific timing, only that it will be after TSE ends. The Team is negotiating about listings with big exchanges.

[fred_m]

This is one of the project that I am looking forward in 2018. I can't wait for it to be listed in big trading sites. Good Luck team!

This project getting more attention from all around the world and it getting more fuel for big run. I'm pretty sure this will get listed on big exchanges very soon because it has great concept.

They raised 37 million $ and it is continuing to grow.

So if they even don't contact with any exchange for listing, the exchanges will contact them. I don't think there will be any problem in listing phase.

you have a  very good point sir. looking at the amount they have raised, it is not possible that exchanges will come to them first knowing that this has a huge community who really support the project. there is also a big possibility that the tokens will all be sold out.

I like your optimism guys. But the amount raised doesn't mean anything unfortunately. Look at Filecoin (raised 250m$), their ICO ended in September and their token is still not listed...

[bitok50]

What is the maximum hard cap for your project during ICO. I read a lot of good news about your project in the press and on various crypto-currency news sites. Tell me what real working products are planning to launch your project on the market? How can I make money using your business tools? Is there any instruction for this? Thank you

[rayazasheva]

Just sent ether to my bankex account from myetherwallet,  everything looks good!
I saw my BKX in account after 1-2 minutes
 should I see BKX tokens in myetherwallet too?

[davidjoshua]

Just sent ether to my bankex account from myetherwallet,  everything looks good!
I saw my BKX in account after 1-2 minutes
 should I see BKX tokens in myetherwallet too?

After the token sale concludes on December 28th 2017 you can transfer tokens to your wallet