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Author Topic: [ANN] [ICO] MMRS - Money transfer and cash withdrawal on blockchain  (Read 11025 times)
Bank4YOU_Group (OP)
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January 04, 2018, 10:09:10 PM
 #1141

Hello! Where can I read more information about the technical innerworkings of your system?

Thank you for your question. Here are all the useful links with the information you asked:
github   https://github.com/Bank4YOUGroup/BFYContracts
Blog / Medium   https://medium.com/@Bank4youGroup
Reddit   https://www.reddit.com/r/ethtrader/comments/78o1ex/bank4you_ico_launching_their_bfy_token_10262017/
Facebook   https://www.facebook.com/Bank4YOUGroup
Twitter   https://twitter.com/Bank4YOUGroup
 Stay tuned!
thedarkk
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January 04, 2018, 10:47:12 PM
 #1142

Hey.
If I received a money transfer. How can I cash out my money? Can I do it with cash, ATM, couriers?
router50
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January 04, 2018, 11:02:54 PM
 #1143

Hello! i`m new to your exiting project. Do you have some discounts ?
Bank4YOU_Group (OP)
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January 04, 2018, 11:05:43 PM
 #1144

Hey.
If I received a money transfer. How can I cash out my money? Can I do it with cash, ATM, couriers?

Hello!
Yes, you can use ATMs if you have Bank4You card or via mobile money.
Bank4YOU_Group (OP)
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January 04, 2018, 11:07:10 PM
 #1145

Hello! i`m new to your exiting project. Do you have some discounts ?

We have a lot of interesting bonuses:

BANK4YOU GROUP OFFERS A SPECIAL BUNDLE BONUS!
That’s why it was decided to provide one last chance to buy BFY tokens with additional bonus during the closing days of token-sale.
Buying from 888 to 8 888 tokens? Get +2% bonus.
Purchasing 8 888 to 88 888 tokens? Obtain +8% bonus.
Paying for a bundle 88 888 to 888 888 tokens? Receive +18% bonus.
Investing in amount exceeding 888 888 tokens gives you a +28% bonus.
 
Also we have a referral program which works by means of distribution of a referral code and provides fixed remuneration at a rate of 40 BFY. The main condition should be followed such as there should be BFY tokens purchased during the ICO campaign on the user's account. The one who sent and the one who activated the referral BFY code will receive bonus at a rate of 20 BFY each and referral tokens will be granted after the end of ICO only to those who made an investment and will be sent to the user's Bank4YOU wallet.

And in case if you decide to purchase a package of 5000 BFY or 15000 BFY, you'll get special B4U cards as a present.
demidov201
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January 04, 2018, 11:50:38 PM
 #1146

Hello! I see your token is using Ethereum blockchain. Please explain why it is important for your project to be on blockchain in first place?
Bank4YOU_Group (OP)
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January 05, 2018, 12:33:20 AM
 #1147

Hello! I see your token is using Ethereum blockchain. Please explain why it is important for your project to be on blockchain in first place?

Nice question!
Bank4YOU customers no longer need to depend on bureaucratic procedures associated with traditional banking. Its service has been created to ensure time-eciency, convenience and secure transactions. Mobile money transfer or remittance is a peer-to-peer (P2P) application making use of a mobile device to send money to family or friends, primarily across international borders.
Blockchain technology makes it possible to create payment tools that carry the advantages of fiat currencies and mobile money not only within a country but also around the world.
Thanks to the technological advantages of the blockchain technology, a lower remittance price is ensured than with the alternative services. The remittance fees in the Ethereum network, for example, are regulated in a special way so that they are always low regardless of the price of the Ethereum.
viktor782
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January 05, 2018, 01:15:43 AM
 #1148

Hello. Best of luck to your project! I hope you succeed.
Personally, i wanna know what are you going to do in order to provide liquidity to your tokens?
Bank4YOU_Group (OP)
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January 05, 2018, 01:35:13 AM
 #1149

Hello. Best of luck to your project! I hope you succeed.
Personally, i wanna know what are you going to do in order to provide liquidity to your tokens?

Concerning BFY it gives its holders additional discounts for remittances and long-term profit from turnovers inside the system. None other product gives a chance to make transactions with
mobile money globally.
rzevskiy
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January 05, 2018, 02:18:20 AM
 #1150

Hi! I`m a newbie to your project. The idea is cool, and what is the real use of the token/coin in the project?
dvs45
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January 05, 2018, 02:24:23 AM
 #1151

There is already a lot of remmitance services in tha world. How are you planing to beat them?
Bank4YOU_Group (OP)
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January 05, 2018, 02:35:24 AM
 #1152

Hi! I`m a newbie to your project. The idea is cool, and what is the real use of the token/coin in the project?

Hello,
The BFY token will allow profit on transactions and through other financial operations in the system. Besides, the BFY token holder will be allowed to purchase MMR tokens on discounted price, which means cheaper services on cross-border transfers. The revenue generated through the sales revenue of Bank4YOU Group’s credit products will provide for financial transaction profit. Transactions reporting will be provided by the independent auditing organisations controlling the income generation of Bank4YOU Group. Equitable distribution of a part of this income to users will be enabled.
Bank4YOU_Group (OP)
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January 05, 2018, 02:36:25 AM
 #1153

There is already a lot of remmitance services in tha world. How are you planing to beat them?

Many companies which provide money remittance can be considered as competitors. To respond to these competitors , our users will be provided with:
- Lower money remittance fees than what compatible services offer.
- As low volatility as possible of the means of payment.
- Simplicity of conversion into other means of payment and B2C interaction, which implies:
Wide network of existing agents capable of cashing out a payment tool or, conversely, accepting cash in exchange for electronic money (more convenient to handle and/or to transport) Bank4YOU Group plans to develop the business in the countries with already formed market of mobile money, hence the expenses connected with creation of dealer and agency networks won’t incur.
Possibility of automatically converting one payment tool into another means of payment – mobile money and at electronic money.
Possibility of buying/selling goods and services using a means of payment
Micro-crediting system
Bank4YOU_Group (OP)
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January 05, 2018, 10:29:44 AM
 #1154

How will you give a possibility of receiving money transfers in countries with poor banking infrastructure?

Mobile money transfer or remittance is ‘a peer-to-peer (P2P) application making use of a mobile device to send money to family or friends, primarily across international borders’. Usually, mobile money is a term used to describe services that allow electronic money transactions over a mobile device. It is also referred to as mobile financial services, mobile wallets, and mobile payments.  Mobile money can be considered to be a system of electronic payments that allows cross-border money transfers to any country. It also includes the withdrawal of funds in local currency (cash out) via the mobile money service or mobile airtime.
Sem56
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January 05, 2018, 11:04:02 AM
 #1155

Hi. I have eth in my exchange platform. Can i send it from there?
Bank4YOU_Group (OP)
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January 05, 2018, 11:06:12 AM
 #1156

Hi. I have eth in my exchange platform. Can i send it from there?

No, you have to use your own wallet, for example, on https://www.myetherwallet.com/
Abdelmajid1
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January 05, 2018, 11:51:30 AM
 #1157

Hi. I have eth in my exchange platform. Can i send it from there?

No, you have to use your own wallet, for example, on https://www.myetherwallet.com/

I am a newbie. I want to have a new wallet. What would you suggest? What are the criteria?
Bank4YOU_Group (OP)
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January 05, 2018, 11:53:11 AM
 #1158

Hi. I have eth in my exchange platform. Can i send it from there?

No, you have to use your own wallet, for example, on https://www.myetherwallet.com/

I am a newbie. I want to have a new wallet. What would you suggest? What are the criteria?

It should be any ERC20-compatible wallet of choice.We typically suggest using an official (or officially endorsed) wallet for storing ETH, such as the Ethereum Wallet, as mentioned above.
Samu10
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January 05, 2018, 12:26:13 PM
 #1159

I want to pay with bank transfer. What purpose of payment should I state?
Bank4YOU_Group (OP)
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January 05, 2018, 12:27:22 PM
 #1160

I want to pay with bank transfer. What purpose of payment should I state?

Please log in at our site https://bank4you.io/ by pressing contribute and follow the procedure entering necessary data. Invoice with instructions will be sent to your e-mail later.
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