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Author Topic: [ANN][BLT] Bloom ✤ PHASE 1 - BloomID and the invite system is currently LIVE!  (Read 4206 times)
beyinsi
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November 10, 2017, 12:40:33 AM
 #1


WEB | BLOG | TWITTER | REDDIT | SLACK | TELEGRAM | FACEBOOK | WHITEPAPER







Bloom Token Sale
Bloom Community Whitelist Announcement

Whitelist registration period starting November 9th, 2017.

The public Token Sale date is November 30th, 2017 at 9am PST.

Spots on the whitelist are reserved for those that have made a positive contribution to Bloom.

We ARE accepting US based contributors. You do not need to be an accredited investor.

Those accepted on the whitelist will be ensured a spot in the BLT public token sale.




Click here for more information




Token Distribution

Bloom is targeting a $50m hard cap.

There will be 150M total BLT in the supply, broken down as follows:



75M (50%) of tokens to be distributed in our token sale.

30M (20%) of tokens to be retained by the Bloom team with 18 month vesting.

30M (20%) of tokens locked in a multi-sig wallet and held by the Bloom company for long term expenditures and network updates.

15M (10%) of tokens to be distributed to the community. This includes key advisors, lenders, partners building on Bloom, bounties, and community incentives.

No new BLT tokens will be created after the crowdsale?—?the total supply will be fixed.


 Two days prior to the fundraiser we will announce the BLT fundraiser address  




About the Bloom Protocol



The Bloom protocol is a new standard for global credit.

Built on Ethereum and IPFS, Bloom brings credit to the modern age with an end-to-end protocol for identity attestation, risk assessment and credit scoring.

Bloom is not a lender, but a platform.

Bloom offers solutions to cross-border credit scoring and identity fraud while at the same time expanding credit globally to 3 billion new individuals and improving scoring methodology for all 7 billion people.



How BLT Works



Bloom is a global credit and identity ecosystem.

The token provides an added layer of security to the network by mitigating fraudulent identity creation.
Additionally, the token ensures the network remains free of influence from states, banks, and central actors.
This is achieved by gradually turning over control elements to BLT token holders. Lastly, the token serves as a payment and settlement mechanism for the network.



To recap, Bloom’s token, also known as BLT, is useful in the following ways:

Security
While the network is in its infancy without a wide array of attesters, it is more susceptible to attack.
In order to increase the immediate resilience of the network, users will be required to put up a small amount of BLT as collateral for users who they invite.
This collateral serves as protection against a mass-scale network of malicious accounts.

Scoring Proposals
Our token is ultimately the voting mechanism for the BloomScore.
Token-based voting allows us to root out bad actors and keep the system stable and provide influence to those who are contributing most to the network.
This is also the primary mechanism of defining future changes to the BloomScore.

Payment
Our token serves as a network currency for verifying identity and assessing creditworthiness with independent vendors.



Roadmap & Timeline




The Bloom Protocol will be developed in 5 major phases.


Bloom Invitation System & Voting

Phase 1 will allow for users to use BLT to invite their friends and colleagues to seed the initial network securely.
Users with BLT will be able to vote on early development-related proposals for the future of the network.


Bloom Identity Matching

Phase 2 will deploy an application allowing users to verify their identity and get matched with their BloomID.
During this phase, users will be able to confirm identity information and connect data for BloomIQ.


Credit Staking

Peer to Peer staking modules will be built first, followed by organizational staking.


Creditworthiness Assessment

Phase 4 will allow users to check their score, as well as open up a developer ecosystem to lenders to check a given user's BloomScore,
providing sufficient privileges are granted from the loan recipient.


Bloom Credit Protocol Launch + BloomCard

Once the risk assessment and scoring protocol is complete, Bloom will launch the BloomCard.
The BloomCard will serve as a brand new way for individuals to display creditworthiness and improve their BloomScore.







Team & Advisors






Partnerships










Disclaimer: I'm not a project team member or anyhow related with this project. All responsibility belongs to the project’s team members


Moderators: daniel@hellobloom.io - jesse@hellobloom.io




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jesse@hellobloom.io
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November 10, 2017, 12:54:35 AM
 #2

Thanks for posting this!

Excited to join the discussion here on Bitcoin Talk, I am one of the co-founders of Bloom.

We're incredibly happy to share the news of our community whitelist and the upcoming token sale. Would love to get feedback from everyone here in this community.

Looking forward!
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November 10, 2017, 12:59:09 AM
 #3

I like this idea. Let the follow-up. Good luck. Cool Cool
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November 10, 2017, 01:02:30 AM
 #4

https://hellobloom.io/whitepaper.pdf
Phase 5: Bloom Credit Protocol Launch +BloomCard
  When can I start using this card?

no foreign exchange transaction fees
  It's just splendid.
beyinsi
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November 10, 2017, 01:25:57 AM
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jesse@hellobloom.io
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November 10, 2017, 01:34:51 AM
 #6

https://hellobloom.io/whitepaper.pdf
Phase 5: Bloom Credit Protocol Launch +BloomCard
  When can I start using this card?

no foreign exchange transaction fees
  It's just splendid.

Thanks Smiley

The card is one of the first projects we are building. Meg, CEO of Shift Payments (who made Coinbase's Shift Debit Card) is one of our advisors. We'll be working to get the card deployed as soon as possible, targeting 2018.

Glad you like it!
beyinsi
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November 10, 2017, 12:31:29 PM
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November 10, 2017, 02:36:19 PM
 #8

Bloom website design seems like district0x project's website Smiley

Lets wait, what will bloom do on the crowdsale. Goodluck

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November 10, 2017, 02:55:21 PM
 #9

Nice project with the best idea. I like it and i will invert

Joined whitelisst

Thanks Sir!
beyinsi
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November 10, 2017, 05:00:07 PM
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mainconcept
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November 10, 2017, 05:08:30 PM
 #11

Promising project, do you run any bounty campaigns? Also the partnership with ETHlend are really interesting news.
mariam.maryana
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November 10, 2017, 05:10:51 PM
 #12

Do you have any experience in projects like this?

kasko2go support
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November 11, 2017, 01:04:18 PM
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November 12, 2017, 12:36:44 AM
 #14

Bloom is a very good project and idea. Is there no bounty? Your site has been very nice.

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November 12, 2017, 12:42:01 AM
 #15

Do you have any experience in projects like this?

They have some experience in crypto. What I find about their team:

Alain Meier – Co-founder and CEO of Cognito, an identity verification company serving various cryptocurrency exchanges, including Coinbase.

Jesse Leimgruber – CEO of NeoReach, a company providing influencer intelligence with customers including NBC, Walmart, Honda, Amazon, and others. Also Founder and Chairman of Rank Executives, an enterprise internet marketing and content agency. A recipient of the Thiel Fellowship.

John Backus – Co-founder and CTO of Cognito. A recipient of the Thiel Fellowship.

Ryan Faber – Founder and CEO of Flatiron Collective, a digital marketing company with $100 million ad spending a year. Also Founder & CEO of AdKick, a multi-platform performance marketing agency.

This project remember Paypie?  Huh
I think 50 mln $ is quite big for whitepaper only. What is your soft cap?

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November 12, 2017, 12:56:52 AM
 #16

This project it so interesting.. Can i ask u have bounty for tanslation? If u have kindly reserved to me filipino languge.

Thanks
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November 14, 2017, 05:27:14 PM
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November 16, 2017, 05:28:32 PM
 #18

This is one of very few project that has really great preparation of information. Yet, I see not many people interested in. I though you guys should do a bit more PR & marketing Sad waiting for the token sale.

Also, I still haven't heard about the application for whitelist. When will you guys announce that?

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November 16, 2017, 09:39:24 PM
 #19

different and beautiful project. the lack of a bounty campaign is sad. I would love to join. I'm going to follow. could it be then?
 Wink

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November 16, 2017, 10:40:26 PM
 #20

I agree there should be a bounty campaign. partners are very good. quality projects.

Bloom would also be good I think. I can join the ico. good luck.  Cool

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