The BABB project is creating a decentralized blockchain based banking platform that will allow anyone in the world a way to manage there money with access to financial services. Billions of people across the globe have no access to banking services which includes:
- Secure storage of money
- global peer-to-peer transactions
- Cash-less spending – credit/debit card
For many of us, these services are vital to our everyday living. But for a large portion of people living on Earth, these services don’t exist.
BABB plans to solve this problem with a revolutionary new approach to banking through utilizing blockchain technologies, Artificial Intelligence, and Digital Identification systems to provide supporting financial services for consumers and businesses. BABB is already an authorized payment institution regulated by the FCA with a strong team containing the knowledge and experience to integrate banking services and blockchains into real world applications.
The vision is to effectively lower the barriers for personal control of finance through building a global network that empowers the people
These BAX tokens will serve as the primary cryptocurrency and utility token of the BABB platform. All fees for services, currency exchanges, international transfers, peer-to-peer transactions, and fundraising initiatives will utilize BAX for payment methods.
50 Billion BAX Tokens are being issued as a total supply where-as 60% will be available to the public during a Pre-ICO and ICO. The complete allocation of remaining tokens can be found on the official website
BABB Token Sale :
The development team has decided to structure the BABB token sale in two phases for investors. The first phase will contain the pre-ico starting on Jan. 15th along with a main sale that will begin in February. During the first phase, a total of 20 Billion BAX, representing 40% of the supply, will be available which include early discounts periods.
- Phase1 HardCap – $20 Million
The 2nd phase will take place after the platform has been released and no sooner than Q3, 2019. This phase will contain another 10 Billion, 20% of supply, for sale to public investors.
More information on the BABB token sale can be found through the website: https://getbabb.com/