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Author Topic: [ANN] [ICO] MMRS - Money transfer and cash withdrawal on blockchain  (Read 11021 times)
Bank4YOU_Group (OP)
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February 25, 2018, 02:47:50 AM
 #2721

In your WP theres two tokens MMR is BFY. Why do you need both?

BFY token is a Crowdfunding instrument made on Ethereum blockchain. You can buy BFY at ICO for $0.21 per token.
MMR token is a token that is designed to be a stable inner currency. All the operations inside the system Bank4YOU use MMR, which is not influenced by the volatility. You cannot buy MMR at ICO.

OK, where can I buy MMR, do I need to buy it?

You will buy MMR in-app. It`s an internal token for remmitances.
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JaneAcker361
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February 25, 2018, 03:33:28 AM
 #2722

Can you tell me more about token allocation? Is the founders' share vested? if yes, then for how long?
Bank4YOU_Group (OP)
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February 25, 2018, 03:40:56 AM
 #2723

Can you tell me more about token allocation? Is the founders' share vested? if yes, then for how long?

BFY Token Allocation is:
ICO Token Sale Campaign - 80%,
Ecosystem Reserve - 10%, Marketing & Promotion - 6%, Advisory Board, Consultants and Partners - 4%.
Vesting period is 1 year.
aalavandan
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February 25, 2018, 05:43:40 AM
 #2724

Hello! I`m a token buyer. When will i get my tokens to mew?
Bank4YOU_Group (OP)
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February 25, 2018, 05:45:24 AM
 #2725

Hello! I`m a token buyer. When will i get my tokens to mew?

Hello!
Tokens will be credited to your wallets after the end of ICO - after 31/03/18.
12jeffy12
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February 25, 2018, 09:22:53 AM
 #2726

The maximum cap - 50 million? It would be better to raise funds gradually taking into account the goals that have been achieved so far. What about your motivation? Will it remain so large?
Bank4YOU_Group (OP)
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February 25, 2018, 12:48:14 PM
 #2727

The maximum cap - 50 million? It would be better to raise funds gradually taking into account the goals that have been achieved so far. What about your motivation? Will it remain so large?

Hello. Yes you are right. The Total Goal: $ 50M! We are raising funds gradually during few ICO rounds. 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.More details about terms of raising funds and motivation please look in our White Paper or at the official ICO site:
https://bank4you.io/index.html
https://bank4you.io/docs/Bank4YOU_MMRS_WP_EN.pdf
kamnibal
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February 25, 2018, 10:15:49 PM
 #2728

How are you different from Ripple and Stellar? What's your plan for the success in current competitive crypto world?
Bank4YOU_Group (OP)
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February 25, 2018, 10:31:39 PM
 #2729

How are you different from Ripple and Stellar? What's your plan for the success in current competitive crypto world?

We are very much different from them. We do not just provide a crypto asset. We provide a mobile money remmitance service. Bank4YOU Group’s ‘Mobile Money Remittance System’ will set a new trend in international money transfers and will contribute to the creation of fast, convenient, and secure money transfers worldwide. The mobile app will also enable financial inclusion for people who are in desperate need of easy access to financial services in countries across Africa, Asia, and Latin America. It would also lead to new opportunities for businesses, financial institutions, and mobile network operators to use crypto currencies. Take time to study our project more closely, and you`ll see for yourself.
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February 25, 2018, 11:13:31 PM
 #2730

Hi!
My ethereum address changed, and i want tokens to go to new address. Can you change it for me?
Bank4YOU_Group (OP)
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February 26, 2018, 12:12:49 AM
 #2731

Hi!
My ethereum address changed, and i want tokens to go to new address. Can you change it for me?

Sign in into your users cabinet and proceed to https://cabinet.bank4you.io/destination-wallet , change the wallet and save
varandas
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February 26, 2018, 12:20:24 AM
 #2732

Hello!
I understood about idea of your remmitance system. Please explain profits your token give?
Bank4YOU_Group (OP)
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February 26, 2018, 12:37:41 AM
 #2733

Hello!
I understood about idea of your remmitance system. Please explain profits your token give?

Thanks for your question!
BFY token grants the right to receive:
1. Part of total group companies income up to 1% received from loan products implementation.
2. 2.5% discounts for purchasing MMR token.
3. 1% of income by group of companies of mobile money remittances total turnover.
wakeham8
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February 26, 2018, 12:47:12 AM
 #2734


1. Part of total group companies income up to 1% received from loan products implementation.


How is that will be done?
Bank4YOU_Group (OP)
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February 26, 2018, 01:04:15 AM
 #2735


1. Part of total group companies income up to 1% received from loan products implementation.


How is that will be done?

Thanks for the question!
Part of total group companies income up to 1% received from loan products implementation, 1% of income by group of companies of mobile money remittances total turnover is divided between tokenholders.
Please see page 23-24 of our WP http://bank4you.io/docs/Bank4YOU_MMRS_WP_EN.pdf , you can find the actual formula of calculating holder’s award during payment period, which is 1 quarter of a year.
nata1602
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February 26, 2018, 01:06:06 AM
 #2736

Hello! If you plan microloans feature, how will you identify borrower? and prevent fraud?
Bank4YOU_Group (OP)
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February 26, 2018, 01:21:59 AM
 #2737

Hello! If you plan microloans feature, how will you identify borrower? and prevent fraud?

Hello!
For microloans our smart contracts will have the following information about borrower:
- Amount of loan
- Address of creditor
- Credit interest rates
- Series of loan charges
- Unique biometric indicator of borrower

So Unique biometric indicator of borrower will solve your question.
Jack.Doe333
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February 28, 2018, 04:39:35 AM
 #2738

When finally the token is came into the exchanges?
Dolmatov
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February 28, 2018, 04:46:20 AM
 #2739

Hello.
Your project is really big. In which languages do you have your white paper?
Bank4YOU_Group (OP)
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February 28, 2018, 04:51:13 AM
 #2740

Hello.
Your project is really big. In which languages do you have your white paper?
Thank you for you support!
When you visit our website https://www.bank4you.io/ ,
you can find white papers in English, French, Russian and other languages.
Welcome to our site and choose the language that is best for you!
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