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

[Mr.Ease]

BABB token sale: day one update

Day one round-up
BABB token sale went live at 12pm GMT on Tuesday 6 February.

Over a third of the 10 billion BAX tokens for sale were sold in the first hour, and in total over 4.5 billion tokens have been sold so far.

5,166 people have participated in the first 24 hours from 129 countries across the world.

Thanks so much for your support!

Day two details
The 8 ETH individual cap will remain in place until Wednesday 7 Feb 12pm GMT, when the new individual cap of 300 ETH will take effect.

The new ETH-USD exchange rate will be announced at 12pm GMT Wednesday 7 February, and be fixed for the next 24 hours.

The minimum transaction limit of 0.2 ETH will remain in place for the duration of the sale.

Telegram to be un-muted
The BABB Community Telegram group has been in mute mode since yesterday, so that we can protect our community from scammers trying to defraud members.

Thank you for your patience during this period, and for your vigilance in detecting and reporting accounts which were impersonating BABB and Amazix team members.

We will open the Telegram group at 11am so you will be able to post messages. We have un-banned everyone who was blacklisted for posting messages during the mute period.

The team members have all been receiving hundreds of private messages and we’ve been responding as fast as possible — but if you still haven’t heard from us, please now ask your question in the main group.

We will monitor the group very closely and may mute it again if we believe it is in the best interests of the community.

https://medium.com/@BABB/babb-token-sale-day-one-update-2313cc577fed

Very impressive numbers for the 1St day!
Congrats team, I think we can all consider the token sale successful at this point.
Over 75% sold, 5k + investors....

The only reason this sale continues is due to the individual investor cap.

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[naikaka]

AmaZix did an AMA with the team at BABB. Check it out: https://www.youtube.com/watch?v=0gvKt0opchY&t

[ashuawei]

wow, babb already sold 15.9M babb tokens as of the moment.

so in calculation,

.0012$ is the ico price, right?

15.900.000.000 * 0,0012 = 19.080.000 USD

if my calculations were correct then they already collected 19M dollars!   

congrats BABB. i know the remaining 4.1B BAX will be sold out. we still have a lot of time to do so! 

[mme1022]

Check the latest update from BABB

Hey guys!!
Here is the latest live stream vid from BABB in regards to the tokens sale!

https://www.facebook.com/getbabb/videos/2009750839239109/

[Ale75Opus]

AmaZix did an AMA with the team at BABB. Check it out: https://www.youtube.com/watch?v=0gvKt0opchY&t

For me it was very useful! I learned a lot of new things that I did not know before. We are all very help video AMA, arrange this often

[alexartem2007]

It’s good that project in UK. It’s independent country when your money be safe

[okss06]

Hi, as I understood there are no numbers of the token sale status on the website, where it is possible to check how the sale goes online? Does anyone has the address?

[Nod Obelisk]

Hello, can you please clarify who is Mr Khaled Yas Al-Kebsi, the owner of BABB LTD (https://beta.companieshouse.gov.uk/company/10225110/persons-with-significant-control) where Rushd Averroes (Founder / CEO) is a Director? BABB LTD is the UK entity that, as I understand, is an FCA approved authorized payment institution (PSI).
It is also the entity that will use the funds to develop the platform and BABB mobile app.

Being the founder, I would expect Mr. Averroes to be majority shareholder of the above entity, not just BABB Platform LTD.

Could you please clarify? What is the relationship between the two parties (Mr Khaled Yas Al-Kebsi and the team)?

[Thenik87]

Hello, can you please clarify who is Mr Khaled Yas Al-Kebsi, the owner of BABB LTD (https://beta.companieshouse.gov.uk/company/10225110/persons-with-significant-control) where Rushd Averroes (Founder / CEO) is a Director? BABB LTD is the UK entity that, as I understand, is an FCA approved authorized payment institution (PSI).
It is also the entity that will use the funds to develop the platform and BABB mobile app.

Being the founder, I would expect Mr. Averroes to be majority shareholder of the above entity, not just BABB Platform LTD.

Could you please clarify? What is the relationship between the two parties (Mr Khaled Yas Al-Kebsi and the team)?

Mr. Al-Kebsi is indeed Rushd Averroes. He changed his name (For personal reasons) and is the CEO of BABB.

[unisilver]

hi all.

i am about to register an account for the main sale. so i did confirmed my email. then i am redirected to the website. unfortunately, this is what i got,

"Something is amiss.
One of our servers is down and has issued a cry for help to our engineering swat team. We are investigating and resolving the issue this very second, and hope to have Mandrill back very soon.

We very much appreciate your patience."


can somebody help me?

[ashuawei]

Hi, as I understood there are no numbers of the token sale status on the website, where it is possible to check how the sale goes online? Does anyone has the address?

hi mate. i have seen the progress just last day. actually if you noticed, i have posted it here the details.

wow, babb already sold 15.9M babb tokens as of the moment.

so in calculation,

.0012$ is the ico price, right?

15.900.000.000 * 0,0012 = 19.080.000 USD

if my calculations were correct then they already collected 19M dollars!   

congrats BABB. i know the remaining 4.1B BAX will be sold out. we still have a lot of time to do so! 

now i tried to see the update again but unfortunately, there is no more progress that can be seen. i really dont know what is happening.

[TeraBite]

hi all.

i am about to register an account for the main sale. so i did confirmed my email. then i am redirected to the website. unfortunately, this is what i got,

"Something is amiss.
One of our servers is down and has issued a cry for help to our engineering swat team. We are investigating and resolving the issue this very second, and hope to have Mandrill back very soon.

We very much appreciate your patience."


can somebody help me?

You should try again I have access to my account right now without any trouble. Maybe that issue has been resolved so refresh the page or change the browser I hope you will be able to get access there.

[Ale75Opus]

BABB is confidently moving towards its goal and it is precisely this project that has every chance of success and further prospects

[ashuawei]

BABB is confidently moving towards its goal and it is precisely this project that has every chance of success and further prospects

Sure it will. With the members they have right now who are very dedicated to the project, im sure BABB will come a long way. It is already successful, they are already successful durjng pre sale. if they sold out in main sale, thats just already a big bonus perhaps.

BTW, why is that progress can NO LONGER be seen?

[Cuem]

Thank you BABB team for the price adjustment for the ICO. It made no sense that it was such a difference for investors who invested early versus the one who were late.

I believe it was a good decision to standardize the price. I have great faith in the team|!

[Thenik87]

Thank you BABB team for the price adjustment for the ICO. It made no sense that it was such a difference for investors who invested early versus the one who were late.

I believe it was a good decision to standardize the price. I have great faith in the team|!

Thank you so much for your support!

[Ruthenian]

BABB is confidently moving towards its goal and it is precisely this project that has every chance of success and further prospects

Sure it will. With the members they have right now who are very dedicated to the project, im sure BABB will come a long way. It is already successful, they are already successful durjng pre sale. if they sold out in main sale, thats just already a big bonus perhaps.

BTW, why is that progress can NO LONGER be seen?

You can still see the progress live, here: https://getbabb.com/
I believe people were waiting for an updated ETH rate that is announced daily at 12 PM GMT. And a return to the 1K+ per ETH price.

[ashuawei]

BABB is confidently moving towards its goal and it is precisely this project that has every chance of success and further prospects

Sure it will. With the members they have right now who are very dedicated to the project, im sure BABB will come a long way. It is already successful, they are already successful durjng pre sale. if they sold out in main sale, thats just already a big bonus perhaps.

BTW, why is that progress can NO LONGER be seen?

You can still see the progress live, here: https://getbabb.com/
I believe people were waiting for an updated ETH rate that is announced daily at 12 PM GMT. And a return to the 1K+ per ETH price.

Thanks mate. I have already seen it. As of this time, they already sold 16.6B of their BAX token. So i think they already collected 19.92M dollars.    i think they gonna sold it all in less than a week.

[comradepay]

BABB is confidently moving towards its goal and it is precisely this project that has every chance of success and further prospects

Sure it will. With the members they have right now who are very dedicated to the project, im sure BABB will come a long way. It is already successful, they are already successful durjng pre sale. if they sold out in main sale, thats just already a big bonus perhaps.

BTW, why is that progress can NO LONGER be seen?

You can still see the progress live, here: https://getbabb.com/
I believe people were waiting for an updated ETH rate that is announced daily at 12 PM GMT. And a return to the 1K+ per ETH price.

Thanks mate. I have already seen it. As of this time, they already sold 16.6B of their BAX token. So i think they already collected 19.92M dollars.    i think they gonna sold it all in less than a week.

This is a good result in a falling market. With a growing market, there would be much more. I hope soon to begin growth

[unisilver]

hi all.

i am about to register an account for the main sale. so i did confirmed my email. then i am redirected to the website. unfortunately, this is what i got,

"Something is amiss.
One of our servers is down and has issued a cry for help to our engineering swat team. We are investigating and resolving the issue this very second, and hope to have Mandrill back very soon.

We very much appreciate your patience."


can somebody help me?

You should try again I have access to my account right now without any trouble. Maybe that issue has been resolved so refresh the page or change the browser I hope you will be able to get access there.

Thank man. I already fixed the issue, and already did verified my email. anyways, im happy with the progress of the main sale of BABB. Hoping for a sell out.