[ANN][LENDING] BASIC-Accelerate the world's transition to digital money

[kryptogunner]

★ Website ★ Facebook ★ Twitter ★ Reddit ★  Telegram ★ Bounty ★

[1715614465]

1715614465

[as9ardia]

Can you share your Project Whitepaper? (if any)

[sukoyomi]

Even in the site, I can't find the project whitepaper. I assume it's not ready yet, but this is a mistake for post a project without whitepaper that ready to read. Why so hastily display if not yet fully prepared. Has a Twitter account created in 2019, but until now there is no whitepaper.

[bittraffic]

This is where the team has to be careful because blowing up one small hole is going to blowup. The whitepaper is being delayed while they are now trying to promote their lending project. Ain't that a sign already?

Great domain actually and its backed by Bitgo, though its yet to be verified, the project could be a good one.  When they say Llyod’s, they mean the Lloyds Bank ?

[CaVO32]

This is where the team has to be careful because blowing up one small hole is going to blowup. The whitepaper is being delayed while they are now trying to promote their lending project. Ain't that a sign already?

Great domain actually and its backed by Bitgo, though its yet to be verified, the project could be a good one.  When they say Llyod’s, they mean the Lloyds Bank ?

we have to wait for more info. If this will be a legit lending platform, they should release their whitepaper with a comprehensive content. they should explain their Terms and Conditions in clear statements. Because that's where most users fail to understand their true conditions. Usually there are loopholes within the system. so most of the time, the user will be in deep trouble after borrowing from them instead of alleviating their problems.

[kryptogunner]

Even in the site, I can't find the project whitepaper. I assume it's not ready yet, but this is a mistake for post a project without whitepaper that ready to read. Why so hastily display if not yet fully prepared. Has a Twitter account created in 2019, but until now there is no whitepaper.

Well, the whitepaper is available hoewever its in Korean. English version under preparation and shall follow soon. Stay tuned.

This is where the team has to be careful because blowing up one small hole is going to blowup. The whitepaper is being delayed while they are now trying to promote their lending project. Ain't that a sign already?

Great domain actually and its backed by Bitgo, though its yet to be verified, the project could be a good one.  When they say Llyod’s, they mean the Lloyds Bank ?

Just because there aint a WP doesnt mean its a scam. Nevertheless, an English version would soon be available.

And yeah, its llyod's of London.


In case somebody wants to get a first hand experience, beta version is available here:

https://basic.finance/auth/sign-in




BASIC Listing on Bithumb Exchange!

Ending the week with a spectacular announcement!  BASIC token will be listed on the Bithumb Exchange. Bithumb is one of the leading cryptocurrency exchanges based in South Korea.

Check out the pre-event planned by Bithumb! Listing details will be updated.

Please stay tuned for more updates about listing on Bithumb Exchange. If you have any inquires, please contact us at admin@thebasic.io

More details here: https://cafe.bithumb.com/view/board-contents/1640669

[moderator's note: consecutive posts merged]

[sukoyomi]

Even in the site, I can't find the project whitepaper. I assume it's not ready yet, but this is a mistake for post a project without whitepaper that ready to read. Why so hastily display if not yet fully prepared. Has a Twitter account created in 2019, but until now there is no whitepaper.

Well, the whitepaper is available hoewever its in Korean. English version under preparation and shall follow soon. Stay tuned.

Okay, you made it in your local language first, no problem but I guess mostly people right here will waiting in english version.
I just see that this token will be listed on Bithumb, great work for that. It could help to gain more interest since Bithumb is well known exchange.
About bounty campaign, when it would be started? Because I see in the OP there is a Bounty, but without link.

[kryptogunner]

Even in the site, I can't find the project whitepaper. I assume it's not ready yet, but this is a mistake for post a project without whitepaper that ready to read. Why so hastily display if not yet fully prepared. Has a Twitter account created in 2019, but until now there is no whitepaper.

Well, the whitepaper is available hoewever its in Korean. English version under preparation and shall follow soon. Stay tuned.

Okay, you made it in your local language first, no problem but I guess mostly people right here will waiting in english version.
I just see that this token will be listed on Bithumb, great work for that. It could help to gain more interest since Bithumb is well known exchange.
About bounty campaign, when it would be started? Because I see in the OP there is a Bounty, but without link.

Bounty is scheduled to start on this Monday. Stay tuned. The link shall also be available here.

BASIC Community Engagement Program

As a bonus to the official listing event on Bithumb, we are thrilled to announce a brand new community engagement event to share $20,000 USD worth of BASIC tokens for everyone!

Want to participate? Don’t miss out on the opportunity to earn big rewards by just following few easy and simple steps below!

First come, first served.

Learn more:
https://bitcointalk.org/index.php?topic=5236437

[moderator's note: consecutive posts merged]

[indo1]

BASIC Community Engagement Program

As a bonus to the official listing event on Bithumb, we are thrilled to announce a brand new community engagement event to share $20,000 USD worth of BASIC tokens for everyone!

Want to participate? Don’t miss out on the opportunity to earn big rewards by just following few easy and simple steps below!

First come, first served.

Learn more:
https://bitcointalk.org/index.php?topic=5236437

Looks good to me to follow, unfortunately there is no campaign for signatures only mostly active in social media, is there no plan to create a signature campaign?
and I see that the allocation for the bounty is relatively small, if the price drops later, but it doesn't matter to me, as much as I can, because I am very happy to support projects that are planned in the world's leading exchanges, and whether the platform works from this project alone to people, or from person to person?

[kryptogunner]

BASIC Community Engagement Program

As a bonus to the official listing event on Bithumb, we are thrilled to announce a brand new community engagement event to share $20,000 USD worth of BASIC tokens for everyone!

Want to participate? Don’t miss out on the opportunity to earn big rewards by just following few easy and simple steps below!

First come, first served.

Learn more:
https://bitcointalk.org/index.php?topic=5236437

Looks good to me to follow, unfortunately there is no campaign for signatures only mostly active in social media, is there no plan to create a signature campaign?
and I see that the allocation for the bounty is relatively small, if the price drops later, but it doesn't matter to me, as much as I can, because I am very happy to support projects that are planned in the world's leading exchanges, and whether the platform works from this project alone to people, or from person to person?

there is no provision for Signature campaign at the moment.


BASIC Pre-Listing Event Sold Out

BASIC's pre-listing event on Bithumb has successfully ended. We want to thank the community for an overwhelming support during the last two days. Here is a brief summary of the event results.

Pre-event DAY 1: Finished in 3 seconds
* 1 BASIC for every 11,000KRW trading volume

Pre-event DAY 2: Finished in 3 seconds
* 1 BASIC for every 13,000KRW trading volume

BASIC tokens earned during this pre-event will be distributed when deposits open with listing.

Thank you!


It's official! We're thrilled to annouce that $BASIC is now listed on Bithumb.com under the trading pair of BASIC/KRW and trading at ~4x from the initial price.

To celebrate BASIC being part of Bithumb exchange, there will be an airdrop event worth 200million KRW (approx. 162,000 USD).

Below are the summarized details.

Timeline for listing : 2020.04.01 (Wed) at 5:00 PM (KST)

Open date of Deposit address : 2020.04.01 (Wed) at 2:00 PM (KST)

Available channel : PC Web, Mobile, API

Check the Listing & Airdrop details here: 
https://cafe.bithumb.com/view/board-contents/1640682

For Bithumb Global announcement:
https://cafe.bithumb.com/view/board-contents/1640682

[moderator's note: consecutive posts merged]

[indo1]

The encouraging information that I see continually from the BASIC bithumb project is a prominent exchange, and basic is not wrong choosing the bithumb exchange, basic is increasingly popular in front of the public and now even many have supported basic projects through bounties and other events, and besides investors can also take advantage of conditions like this, I want to know far about the development of basic, hopefully in a fast time the basic project can develop rapidly

[andriyana]

when token sales are made on the Bithumb Exchange? is there a minimum purchase for token sales

[kryptogunner]

when token sales are made on the Bithumb Exchange? is there a minimum purchase for token sales

Its already listed on Bithumb now

[andriyana]

any digital currency that qualify for interest. if we store crypto assets on basic.finance

[gartmah]

BASIC part 9, article on the risk management tool that are present on the platform and how effective they are
https://medium.com/thebasic/9-basic-risk-management-69b15596e4f2