[ANN] [ICO] MMRS - Money transfer and cash withdrawal on blockchain

[martincic]

You said you already have an application but I don't understand why still I cannot transfer money from me to other parson through application?

[Bank4YOU_Group]

You said you already have an application but I don't understand why still I cannot transfer money from me to other parson through application?

Our current application is meant for those experiencing problems with financial management.
You can buy our tokens now and then you will be able to buy MMR tokens and send money to others. The main component of the MMRS is a system of tokens tied to local currencies of the countries of system user’s countries, which enables fast, reliable and cheap remittance of values across the borders of states and continents. Operating such tokens makes it possible to increase the user trust in the system providing the simplest and the most understandable mechanism for converting fiat currencies into electronic ones. The issue of tokens occurs only on condition of the fiat money being brought into the system, which is intended to ensure the stability of the exchange rate.
The token, called Mobile Money Remittance or MMR, payment capability enables payment with fiat money stored on Bank 4YOU Group’s account at mobile network operators with deposits mainly in US dollars. The MMR token is issued once fiat money is placed and can be freely converted into several means of payment in various countries: fiat currencies, mobile money, airtime minutes depending user needs and local market specifics.

[StuFF981]

hi there! i`m interested in investing, do you have bonuses?

[mahmutyes]

Please, I`s like to have as much as possible info on your token. What about funds allocation? I cannot seem to find it on the webpage.

[Bank4YOU_Group]

hi there! i`m interested in investing, do you have bonuses?

Yes, right now we have Token Bundles
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.

Go to www.bank4you.io and scroll down to Token Bundles

[Bank4YOU_Group]

Please, I`s like to have as much as possible info on your token. What about funds allocation? I cannot seem to find it on the webpage.

Of course.
80% - ICO tokensale
10% - Ecosystem Reserve
6% - Marketing & Promotion
4% - Advisory Board, Consultants and Partners

You can fing this info in our WP at bank4you.io/docs/Bank4YOU_MMRS_WP_EN.pdf

[gonzoe]

Hello! Your project is very big. I`m sure you went through challenges is the creating process?

[thedarkk]

OK, What do I need to start money remmitence? any documents for sending money for my natives abroad?

[Bank4YOU_Group]

Hello! Your project is very big. I`m sure you went through challenges is the creating process?

Yes, there were a few:
- for the free functioning of the remittance system both within and outside a country, there is a strong need for the absence of restrictions on part of the financial regulator of that particular country (the central bank), along with the availability of open markets.
- for banking services to function properly, a large amount of digital infrastructure and user identification tools are needed.
-  users have to choose a solution that exists in the market but would be more expensive and will not be cross-border
The project is solving these challenges. Bank4YOU Group plans to spend crowd funded means on elaboration of its system of mobile money, development of new software, incorporation of microcrediting system, and new financial services based on Blockchain.

[Bank4YOU_Group]

OK, What do I need to start money remmitence? any documents for sending money for my natives abroad?

To send money abroad you will need only smartphone with installed app and the amount of money ( in MMRS tokens) you wish to send. No additional documents needed.

[viktor782]

Hello1 It`s interesting, whom do you consider competitors? And how are you better?

[Sem56]

Hello! As far as I know US citizens are not allowed. But what if I have double citizenship?

[Bank4YOU_Group]

Hello1 It`s interesting, whom do you consider competitors? And how are you better?

Thanks for your very good question!
Many companies which provide money remittance can be considered as competitors ( like Western Union, WorldRemit ). To respond to these competitors , 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]

Hello! As far as I know US citizens are not allowed. But what if I have double citizenship?

Thanks for your question!
Pretty simple, you can participate in ICO using your ID from second citizenship.

[urikmarkov]

Hello, I want to buy your tokens. How much money should I have to that?

[Bank4YOU_Group]

Hello, I want to buy your tokens. How much money should I have to that?

Hello! The minimum sum of BFY tokens to purchase is 500 BFY. 1 BFY costs $0,21. The exchange rate in case of payment in BTC, ETH is fixed at the market level (in US dollars for unit of crypto currency) on the date of receipt of the payment.  So that is 105 USD that you should have minimum.

[varandas]

I think your project is interesting. But I see two types of tokens. Can you explain?

[Bank4YOU_Group]

I think your project is interesting. But I see two types of tokens. Can you explain?

BFY token is crowdfunding instrument made on Ethereum blockchain while MMR token is designed to be a stable inner currency. All the operations inside the system Bank4YOU use MMR, which is not influenced by the volatility.

[ArifBestari]

I think your project is interesting. But I see two types of tokens. Can you explain?

I also looked at BFY and MMR. So BFY will be non existing after ICO? Why should I buy BFY now?

[Bank4YOU_Group]

I think your project is interesting. But I see two types of tokens. Can you explain?

I also looked at BFY and MMR. So BFY will be non existing after ICO? Why should I buy BFY now?

The Bank4YOU Group (BFY) ICO token on the Ethereum platform will be implemented for those keen on long-term profit from system activities. 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.