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shchand
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November 27, 2017, 10:35:17 PM |
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I have read whitepaper and there were two tokens mentioned - BFY and MRS, not sure if they are related and how? We buy BFY during the ICo, is that correct?
Yes that is correct . BFY token is Crowdfunfing instrument made on Ethereum blockchain 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. Thank you. Okay, got it, all BFY will be exchanges to MMR later. And then shall we use MMR for the app you developed? 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 (see Fig.7) 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. |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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dfieldshorns84
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Activity: 77
Merit: 10
KYC.legal
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November 27, 2017, 10:36:01 PM |
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What happens with unsold tokens?
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shchand
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November 27, 2017, 10:44:09 PM
Last edit: November 28, 2017, 12:58:19 AM by shchand |
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What happens with unsold tokens?
Company's history and financial ties as well as being license holder are part of guaranty. But as for the most common concerns: The project will be fulfilled regardless of the amount collected. Tokens will be distributed according to the amount collected. Shareholder will continue the project on his own funds, regardless of the ico results. |
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tania30
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Activity: 126
Merit: 10
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November 27, 2017, 10:50:10 PM |
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Hi. What blockchain do you use in your project?
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shchand
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November 27, 2017, 10:54:55 PM |
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Hello, what is the role of blockchain in your project?
There will be incorporation of microcrediting system, and new financial services based on Blockchain. |
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shchand
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November 27, 2017, 10:55:39 PM |
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Hi. What blockchain do you use in your project?
Ethereum blockchain is used in our project. |
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mixail09
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Activity: 105
Merit: 10
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November 27, 2017, 11:09:39 PM |
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What is the difference between BFY and MRS?
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kamandanu
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Merit: 10
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November 27, 2017, 11:11:35 PM |
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Have you conducted any marketing research? Will your project be in demand?
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shchand
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November 27, 2017, 11:12:46 PM |
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What is the difference between BFY and MRS?
BFY token is a crowdfunfing instrument made on Ethereum blockchain. And 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. |
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shchand
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November 27, 2017, 11:28:03 PM |
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Have you conducted any marketing research? Will your project be in demand?
We will do our best to make this project successful. Detailed marketing research is presented on the page 10 of our whitepaper : https://bank4you.io/docs/Bank4YOU_MMRS_WP_EN.pdf |
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patrik58
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November 27, 2017, 11:59:08 PM |
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What is the special package for investors who will buy big amounts of tokens?
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nata1602
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Activity: 190
Merit: 10
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November 28, 2017, 12:16:19 AM |
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Which product can I use now?
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elzyo8
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Merit: 10
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November 28, 2017, 12:20:17 AM |
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What exchanges will be available there?
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tania30
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November 28, 2017, 12:23:27 AM |
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do you accept credit/debit card payment option?
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mixail09
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November 28, 2017, 12:25:46 AM |
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What will happen to my contribution if tokens are outlawed or tightly regulated?
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kamandanu
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Merit: 10
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November 28, 2017, 12:28:02 AM |
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Do you use escrow?
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nata1602
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Activity: 190
Merit: 10
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November 28, 2017, 12:43:27 AM |
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Which card will that be? I mean, which one of two listed on the website? |
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shchand
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November 28, 2017, 12:53:40 AM |
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Is there a guarantee that after ICO your tokens will not be depreciate?
It depends on the market. And giving guarantee is illegal. But we will do our best for the token demand to be higher and higher. |
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shchand
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November 28, 2017, 12:57:30 AM |
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Which card will that be? I mean, which one of two listed on the website? Bank4YOU Card (presented for purchasing 5000 BFY) has been designed for individuals, who don’t want or don’t have a possibility to obtain a foreign bank account. The card can be used to withdraw funds globally. Ideal option for frequent travellers and students. Bank4YOU Card Premium (presented for purchasing 15000 BFY) is a perfect card for exceptional customer experience. Best set of features capable to satisfy most demanding clients along with premium VAT refunding option. |
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