[ANN][SOLD OUT] BABB - Bank Account Based Blockchain

[gamehendge02]

When is BABB planned to get a banking license? Basically, what is the timeframe for the banking license application and how long does it take to know the outcome of such application?

Remember we are applying for an AWR Licence in the UK and a specialized license in Lithuania, they could come in at approximately the same time with the UK full license coming in slightly later.  That’s the aim

Here are the latest banking license updates:
UK Video Update: https://www.youtube.com/watch?v=KlB7mJ_pis4
UK Article Update: https://goo.gl/TFTCZi
Lithuania Update: https://www.youtube.com/watch?v=_v3nZOegg4E

BABB can operate legally even without the banking license since they already are authorised as a payment institution in the UK. The licence will allow BABB to hold customer's deposits in a regulated bank account with the guarantee their funds can be withdrawn at any time and for Treasury activity.

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[tientien1]

lol all yous guys wanting a it to pump its not going to happen till the app released or it gets listed on a big exchange so if your in it for the short term hype i suggest you sell and buy Tron

[davidjoshua]

The staking it not through BABB. It's through Bancor. You can stake any token on Bancor. You need to contact them if you'd like specifics. I don't think they have released much information on this.

[tientien333]

certainly, of course it is a reasoning that goes beyond the trend of the whole market. Obviously if the whole market goes down ... even babb will come down; although in the BTC descent from 8k to 7k, BABB held up very well

[Roidz92]

The staking it not through BABB. It's through Bancor. You can stake any token on Bancor. You need to contact them if you'd like specifics. I don't think they have released much information on this.

As far as i know, BAX doesn't allow "staking", so what are you talking about? Are you saying that Bancor give us BAX if we keep our tokens on their platform? Seems a bit weird, do you any info or maybe some link where we can read about it? Thanks.

[AresCrypto]

The staking it not through BABB. It's through Bancor. You can stake any token on Bancor. You need to contact them if you'd like specifics. I don't think they have released much information on this.

As far as i know, BAX doesn't allow "staking", so what are you talking about? Are you saying that Bancor give us BAX if we keep our tokens on their platform? Seems a bit weird, do you any info or maybe some link where we can read about it? Thanks.

Hi,

See this article below for more on BAX and using Bancor.

https://blog.goodaudience.com/babb-integrating-bancor-protocol-781b7e2e6ef7

[Roidz92]

The staking it not through BABB. It's through Bancor. You can stake any token on Bancor. You need to contact them if you'd like specifics. I don't think they have released much information on this.

As far as i know, BAX doesn't allow "staking", so what are you talking about? Are you saying that Bancor give us BAX if we keep our tokens on their platform? Seems a bit weird, do you any info or maybe some link where we can read about it? Thanks.

Hi,

See this article below for more on BAX and using Bancor.

https://blog.goodaudience.com/babb-integrating-bancor-protocol-781b7e2e6ef7

Thanks for the link, but i just see this message is talking about something similar to a "reward" :

"BAX storage. You can also store your BAX with Bancor and contribute to the liquidity pool. If you decide to do this, you’ll receive a cut of the fee from every BAX conversion that takes place on Bancor. The size of your cut depends on how much BAX you’re holding in the liquidity pool."

It says nothing, zero useful information about the quantity, the numbers... i think i will do some research on bancor, and then i will post here if i find something.

[Ruthenian]

BABB (BAX) is now available on KuCoin!
 https://medium.com/@BABB/bax-on-kucoin-15f1b8b9fb6c

Supported trading pairs including BAX/BTC and BAX/ETH.

Please take note of the following schedule:

BAX Deposits Effective Immediately

BAX Withdrawal: 20:00 May 31, 2018 (UTC+8)

BAX Buying order: 21:30 May 31, 2018 (UTC+8)

BAX Selling order: 22:00 May 31, 2018 (UTC+8)

https://news.kucoin.com/en/babb-bax-gets-listed-on-kucoin

[maardhayrule]

Will there be a limited number of people that can test the app when it’s in Alpha? If so, will it be first come first served, or will priority be given to ICO contributors?

[tientien6]

If anyone's feeling philanthropic, please could you match my buy bid at 360 sats for 8.1 Eths on Idex please   I'm running short of 2m Bax to reach my target and I'm skint already. Thanks

[AresCrypto]

Will there be a limited number of people that can test the app when it’s in Alpha? If so, will it be first come first served, or will priority be given to ICO contributors?

Hi, the alpha will be public, with no limit.

[feykbernard]

BABB is confidently moving towards its goal and it is precisely this project that has every chance of success and further prospects. There is still huge potential to make comeback recent updates are very positive from my opinion this is nice investment which will help the all strong hands to generate huge profit in long term.

[tientien4]

I think if babb team lock 30 or 50%  of there coin,it will hit huge profit,like xrp in last december,last dec xrp lock there 50% of total supply

[skyward007]

When is BABB planned to get a banking license? Basically, what is the timeframe for the banking license application and how long does it take to know the outcome of such application?

Please watch the updates below regarding the license:
UK Video Update: https://www.youtube.com/watch?v=KlB7mJ_pis4
UK Article Update: https://goo.gl/TFTCZi
Lithuania Update: https://www.youtube.com/watch?v=_v3nZOegg4E

[sukhwindersingh]

So if I hold a huge share, say like 5 Million tokens. And I decide not to use the platform but I love the company, do I have to pay any tokens?

[Karamen35]

 I’ve been here since March but I still have questions about the coin burn. Like what coins do they burn? And will there be a swap?

[davidjoshua]

i don't think so, because if u have done everything that is needed to apply, it would be a big misstake not to accept BABB because of the future of crypto

[Hullo]

I was looking at roadmap again and found next major things are set for November in development and banking pilot launch related. I also see people are talking about some kind alpha that means during all these months till November there will be interesting things. I will dig more in deep to understand the short to medium terms goals.

[Freaks]

Spend fiat currency or BAX - BABB native cryptocurrency - online and in any country using the Black Card, a revolutionary decentralised payment card linked directly to your BABB bank account.

I hope BABB token price will go up to 3 dollar  per token because I have 1000 tokens

Suppose if you had only 100 tokens than price could go up to $30 but you don't only open market decide the value of any token and very simple formula to predict about this. Mostly it depend on the progress of any project and how big demand that is.

[ice18]

lol all yous guys wanting a it to pump its not going to happen till the app released or it gets listed on a big exchange so if your in it for the short term hype i suggest you sell and buy Tron

But if the bank license will approved Im 100% sure price will go to the moon in no time Im holding my bax tokens until all things are done maybe we could see a good price til next year.