To begin this article, allow me to state the 5 most successful ICO’s in the Crypto-Verse:
- Filecoin – $257 Million Raised
- Tezos – $232 Million
- EOS – $185 Million
- Bancor – $153 Million
- The DAO – $152 Million
In the case of Bankera, approximately $90 Million has been raised from the Pre-ICO…and the ICO that is still on going.
The target for tokens to be distributed is 7,500,000,000 Bankera (BNK) Tokens.
Currently, only 2,711,227,813 have been bought and distributed at the current price of $0.02329 per token. This rate will only be available for another 288,772,187 Bankera Token, raising an additional $6,725,504.
There are 5 more sales left in the ICO with the price of the token going up as can be seen on the Bankera website. The first 4 of the remaining stages have 1,000,000,000 Tokens being issued each with the final stage issuing only 500,000,000 Bankera Tokens. With each stage, the price of the Toke increases by $0.00123.
Doing the math (by playing around with Excel), Bankera is poised to raise approximately $218 Million by the end of the ICO and boosting its success to number three on the list provided for at the top.
Now that I have caught your interest with the projected figures of the ICO, let me tell you more about Bankera.
So what is Bankera?
Bankera is the much awaited revolution in banking. The founders want to create a digital bank for the blockchain era with three characteristics.
Payments accounts with personal IBAN, debit cards, interbank foreign exchange rates and payment processing. All these services will support both traditional fiat currencies as well as cryptocurrencies such as Bitcoin, Ethereum, DASH, NEM, ERC20 compliant tokens and others. In the long term, Bankera will implement innovative solutions such as gross-domestic-product (GDP) linked currencies and the use of exchange traded funds as a substitute for money.
The bank will offer competitive loans and deposits. Current deposits will receive interest just as savings do. All Bankera clients will be able to benefit from higher interest rates due to proprietary information about borrowers’ cash flow, as most loans will be given to business clients who use the payment processing solution.
Bankera will also offer low-cost investment products such as exchange traded funds (ETFs), crypto-funds (a portfolio of various cryptocurrencies and crypto tokens) as well as roboadvisory solutions for wealth management. Eventually, Bankera will offer investment banking services including financing corporate strategies of our business clients.
With these three planned products and services, the Bankera roadmap is also one to be noted.
To begin with, between November 27th and the end of February, 30% of the Tokens will be issued and the generated revenue used to kickstart the project. The first of which will be a Bankera Token compatible wallet and a cryptocurrency exchange by the end of Q2, 2018. The exchange will support major cryptocurrencies, ERC20 and NEM Mosaic tokens.
Banking capability is projected to be available in early 2019 after the ICO is complete. This is projected to coincide with the obtaining of a banking license. The license will then allow Bankera to offer loans and deposit services, but currently, one can get an International Bank Account Number via the parent company on Spectrocoin.com.
It is also on Spectrocoin.com that you can buy the Bankera tokens in a manner similar to all ICOs. After buying, the tokens will be deposited in your Spectrocoin account visible online and on the Spectrocoin mobile wallet.
One aspect of Bankera that is unique is that the parent company of Spectrocoin, has made profit distribution as part of the perks of participating in the ICO. This means that 20% of the weekly transnational revenue on Spectrocoin, is distributed to the ICO participants using Ethereum and through a smart contract. The ICO is currently on its 20th week of profit distribution. To add to the above, there is also a very lucrative referral program also rewarded via Ethereum.
In summary, Bankera is poised to rank amongst the heavyweights of successful ICOs. It also promises a digital bank with all the benefits of traditional banking fused with cryptocurrencies and the existence of a live cryptocurrency trading exchange in Q2 of 2018.
This adds to the list of fintech ICOs that have seen the need for digital, mobile and cryptocurrency banking. Another such ICO is the very exciting Crypterium.
Have you grabbed a few Bankera Tokens on Spectrocoin?
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