I’m excited to tell you we have a major update from BABB HQ. Announcing: the accountable token sale. The pre-sale will begin on 15th January, and the whitelist will be open soon.
Recent changes in the ICO market have given us cause to reflect. We want to define the structure of the token sale based on a more frugal approach and a desire to hold ourselves accountable to token buyers. We have decided to split our token sale over two phases, with the second phase contingent on the completion of certain deliverables.
This approach maximises value for early participants, links the release of tokens to the app use and token utility, and holds us to account for developing the tech, obtaining a banking licence and securing internal partnerships.
We’ve written a Medium post that goes into more detail about the token sale structure and the reasoning behind our decision. Read it here:
https://medium.com/@BABB/announcing-babb-token-sale-b604644361f7