The BiPS Token is a digital currency, that when live, will be backed by Property and Assets and the press are referring to the Token type as an Asset Token. Once the Asset Token and platform go public, the BiPS Tokens will be sold in an orderly manner to create stability and value for the BiPS Token holders. The BiPS Token will be used to securely remit, store or trade globally on blockchain Token exchanges, both in and out of FIAT (GBP, USD, Euro) and other digital currencies via it’s secure BiPS digital wallet and global technology platform. The digital wallet will be issued under UK e-money legislation providing worldwide adoption via Visa and Mastercard integration.
Moneybrain Ltd is a trusted holder and administrator of assets acquired on behalf of BiPS Token holders. This trusted holders are known as a custodian. The custodian is a financial institution that holds assets for safekeeping to minimize their theft or loss. Moneybrain Ltd, as an FCA regulated business will seek to ensure funds are held in segregated client accounts when appropriate.
Moneybrain Ltd is the trusted holder and administrator for the cash and assets acquired on behalf of BiPS Token holders. This trusted holder is known as a custodian. The custodian is a financial institution that holds assets for safekeeping to minimise their theft or loss. Moneybrain Ltd, as an FCA regulated business will seek to ensure funds are held in segregated client accounts when appropriate.
Moneybrain.com was founded in September 2000. The brainchild of Lee Birkett, the online business was focussed on disruptive fintech. The next stage of its development is bringing the peer-to-peer (P2P) technology developed by Lee’s team to the world via blockchain to build an open and fairer financial system for all.
Key features are the following:
- Security: The security offered by blockchain protocols allows to create a token that can be used to remit, store, or borrow.
- Trust: The team have successfully built out and currently operate a fully regulated P2P retail loan and savings platform -JustUs.co in the UK.
- Privacy: Anonymity will be supported by blockchain smart contracts.
- Regulation: Building on established and accredited United Kingdom compliance standards of data protection (GDPR), Know Your Customer (KYC) and Anti Money Laundering (AML) protocols, we will be significantly increasing the global access, operational efficiency and liquidity of the marketplaces for assets that are not currently tokenized, such as Property and Debt Instruments.
What problem does BiPS solve? (or: what human need does it satisfy?) and how exactly does it do so?
Most members of the world are unable to access a fair rate for loans or benefit from savings backed with secure assets. The BiPS token brings a stable currency along with unrivalled compunding assets underpinning the currency.
How is the idea monetized? How do the token holders profit?
Compounding growth value of the underlying real world assets.
BIPS (MoneyBrain) has received a high rating given by the ICO rating provider site (IcoBench), which is 4.8, where the rating is close to a perfect rating of 5.0.
In addition, BIPS (MoneyBrain) has a team that has experience in their fields based in the UK.
BIPS (MoneyBrain) also has several leading partners including: beeston shenton, Epiphany Capital, Metis Law, Equifaq, JustUs, and many others.
So, BIPS (MoneyBrain) is a clear company with a leading partner, this will make a BIPS (MoneyBrain) company successful in the future.
ICO token supply: 350,000,000 BiPS
Total tokens for sale: 50,000,000 BiPS
Soft cap: 100 ETH
Token price in USD: 1 BiPS = 0.13 USD
Token price in ETH: 1 BiPS = 0.01 ETH
Start 15 Nov 2018 - End 31 Jan 2019
Additional Token Emission No
Accepted Currencies: ETH
PRE-SALE - NOV 50% BONUS
PRE-SALE - DEC 25% BONUS
PRE-SALE - JAN 10% BONUS
ICO Platform: Ethereum
Country limitations: USA, China, Bangaldesh, Pakistan, Russia
Registration country: United Kingdom
Office address: Moneybrain Limited
Company number 6322797
28C London Rd Alderley Edge Cheshire SK9 7DZ
Token Sale Program 80%
Community Reserve Fund 5%
Team and Founders 10%
Advisers, Marketing and Bounty 5%
Engineering and Development 40%
Marketing & Promotion 40%
Legal & Regulation 10%
ANN thread: https://bitcointalk.org/index.php?topic=5077531.0
Bitcointalk username: cryptomaniya
My EtherWallet: 0x79e02bd88b23aC83a2668C4cEF0376C68753aa74