The world has lots of great minds who are known as entrepreneurs. People who have innovative ideas and every now and then step out to produce or create things / items needed in the world today. Most of these entrepreneurs are poor and as such have limited or no access to opportunities which will turn their creativity to sustainable income. Most times if not all the time there is no access to financial resources and thus they can’t achieve wealth and prosperity even when there is access to financial institutions, it is very difficult to get access to finance due to restrictions, terms and conditions. The socio-economic attempt to encourage society to seek opportunities and induce progress is strong but it is evident the world’s institutions are not prepared for the resulting exponential growth with contributing factors like financial resources not being in line with this opportunity seeking attempt as seen in majority of all the emerging countries around the globe.
These challenges which have so much affected the world for so long has caught the attention of some smart, highly intelligent experts in the finance, technology, banking and business management from both developing and developed countries, who in an attempt to resolve these challenges came up with a brilliant idea never seen or heard of before called Bank Future Exchange (BFEX). BFEX is a unique FinTech company, established with a purpose to develop a more widely accessible financial platform so as to provide equal financial access for all. In order to boost economic prosperity globally, BFEX will support funding under the concept of nano-finance with operations being conducted via blockchain technology which is transparent, secured and trustworthy. With its unique and great features, BFEX is determined to develop nano-finance services which will meet customer’s demands worldwide.
BFEX’S UNIQUE FEATURES
Peer-to-Peer Lending Platform
BPAY E-Wallet
Decentralized Scoring (DS)
BFEX PARTNERS
BFEX TOKEN SALE
The BFEX tokens are generated through ERC223 on the Ethereum currency platform and will be developed and used as the common currency for services on the BFEX platform. Current token supply is 210, 000, 000 Tokens and price ranges between 0.3 to 0.5 USD per Token. The soft cap is 12, 000, 000.00 USD while the hard cap is 36, 000, 000.00 USD.
PRE-SALE (20% BONUS) 9, 000, 000: This will commence on 1st May, 2018; 7 PM SGT and end 28th June 2018; 12 AM SGT. A total of 45, 000, 000 tokens will be made available for a maximum contribution of 500 ETH and a minimum of 5 ETH.
PUBLIC SALE (10% BONUS) 6, 000, 000: this will commence on 1st July 2018; 7 PM SGT and end 31st August, 2018; 12 AM SGT. 60, 000, 000 tokens will be made available for a maximum contribution of 250 ETH and a minimum contribution of 0.1 ETH.
TOKEN DISTRIBUTION
Token sale: 50%
Loan assurance: 12%
Bounty & marketing: 12%
Reward & bonus: 10%
Development: 7%
Founder: 7%
Advisor: 2%
FUND ALLOCATION
Research and development: 45%
Marketing: 20%
Operations: 15%
Partners: 10%
Legal: 10%
ROADMAP
Q2 2018 (May 1st to June 28th): Pre-sale
Q3 2018 (June 1st to August 31st): Public sale
Q3 2018 (September): Listing on exchanges (decentralized exchanges and centralized exchanges)
Q4 2018- Q1 2019 (October 2018 to March 2019): P2P platform development, BPAY Development (E-Wallet and Partnership).
Q2 2019 (April 1st to May 15th): Alpha test (P2P Lending Platform and BPAY)
Q2 2019 (May 16th to June 30th ): Beta Test (P2P Lending Platform and BPAY)
Q3 2019 (July): BFEX Official Launch (P2P Lending Platform (Token Model) and BPAY
Q4 2019 (October): API Connection with 3rd Party
Q4 2019 – Q4 2020: October 2019 to December 2020 (P2P Lending (Fiat currency integration).
TEAM
Daniel Jaeger: Co-founder
Joseph Swartz: Co-founder
Shankar Biswas: Co-founder
Sam Roberts: Technical co-founder and CTO
ADVISORS
Wilson Thong: Advisor
Huan Johnson Koh: Advisor
Kaushik Bhaduri: Technical Advisor
Nilanjan Banerjee: Technical Advisor
Irin Chunsuntorn: International Business Development
No doubt, BFEX is a project that will affect the world in the best positive way and I strongly encourage everyone to be part of this success today. For more information about the project and to connect with other participants across the globe, please visit the website and the whitepaper through the links provided below.
Website: https://bfex.io/
Whitepaper: https://bfex.io/pdf/en/bfex_white_paper.pdf
Ann thread: https://bitcointalk.org/index.php?topic=3375492.msg35948905#msg35948905
Telegram: https://t.me/BfexOfficial
Facebook: https://www.facebook.com/BfexOfficial
Twitter: https://twitter.com/officialbfex
Published by: teejayrichard
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1265803
Ethereum wallet: 0x937fe2c8bd616344a9Be33fDEC04D6F15f53c20F