BloomX ICO Review
|ICO start:||2018-05-29 00:00:00|
|ICO end:||2018-07-27 00:00:00|
|Price:||1 BX8 = 0.01 USD|
|Accepting:||ETH, BTC, XLM|
BloomX is connecting neighborhood moneychangers across Asia to the Stellar decentralized exchange, and teaching people to use cryptocurrencies safely. Their Teller app will be used by moneychangers and remittance agents to buy/sell crypto over the counter, and our Wallet app will be used by end-customers to store their crypto and access other BloomX services. The BX8 token will be used to pay for each business transaction on the network, and additionally acts as cashback for the end-customers.
We've signed up three big institutional partners in the Philippines to pilot the platform as early as Q3 2018, and aim to expand to neighboring countries by 2019.B
DescriptionThe BloomX app store is an initiative developed by Bloom Technologies Pte. Ltd., a crypto-remittance pioneer with operations in Singapore, the Philippines, and Australia. The app store is intended for licensed Money Services Businesses (MSBs) around the world to create new service offerings or upgrade existing services with turn-key cryptocurrency solutions. These MSBs include money transfer operators, foreign currency exchange companies, and other non-bank financial institutions.
The primary launch applications on BloomX will include the following.
The BloomX platform will launch with these three apps in Q4 2018. In Q3 2019, the BloomX app store will be opened to third-party developers who wish to create additional apps and services for MSBs, fostering a marketplace for enhanced financial services and compliant tools.
All commercial transactions on the three flagship apps, and on the app store, will be paid for with BX8, which is a new token issued by Bloom Technologies specifically for use within the BloomX ecosystem.
The token will be issued on the Stellar blockchain
|“||Q2 2018: Private token sale
BloomRemit network begins using BX8 token
Q3 2018: Token listed on Stellar DEX
Internal alpha of Teller and Wallet applications
Q4 2018: Commercial pilot of Teller and Wallet apps at partner outlets in the Philippines
Cryptofinancial literacy seminar in Hong Kong
Q1 2019: Teller and Wallet SDK for third-party developers
Commercial pilot with partner outlets in Hong Kong
Q2 2019: BloomX Network API for third-party developers
Commercial launch in other major cities in the Philippines
Q3 2019: BloomX Network launch
Commercial pilot with partner outlets in Indonesia
Q4 2019: KYC app launch on BloomX network
Commercial launch in provincial cities in the Philippines
|Israel Keys||CEO & Founder||https://www.linkedin.com/in/israelkeys/||3.8|
|Luis Buenaventura||CSO & Founder||https://www.linkedin.com/in/helloluis/||3.8|