BANKEX Is A Protocol That Solves The Problem Of Non-Fungible Asset Liquidity Of Banks
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A bank is a financial institution licensed to receive deposits and make loans. Banksmay also provide financial services, such as wealth management, currency exchange and safe deposit boxes. There are two types of banks: commercial/retailbanks and investment banks.
BANKEX
BankEx is creating a blockchain platform utilizing smart contracts to build a Proof-of-Asset(PoA) Protocol of Liquidity in order to tokenize assets onto the blockchain. Through uniting leading financial institutions and blockchain technologies, BankEx plans to revolutionize both the banking industries and cryptocurrencies.
Already having achieved success in gathering investors attention, BankEx has received Microsoft Azure Grants and over $1 million in prior investments. Operating as a start-up incubator, BankEx is moving into cryptocurrencies with a team of leading blockchain experts, financial advisers, and multiple banking clients. The main participants of the Bankex protocol are originators, suppliers and owners of the product. The originator is the owners of the tokenized asset: banks, insurance companies, stock exchanges, fi nite platforms and others. The role of the originator is to create a Smart Asset and provide assets for tokenization.
The owner of the product is the company that will create the technology fintech and its main role will be to form the new Smart Asset. In turn, suppliers will provide a portfolio of end customers and will participate in the creation of Smart Deal. BankEx wants to make all its efforts in the banking sector can influence the traditional finance, investment, microfinance, illiquid assets and also markets for natural resources and derivatives. The goal of BANKEX is the stabilization of the banking sector Blockchain.
The Token Sale.
- Tokens: For Hard cap: 220,000,000 BKX tokens, For Round 1: 80,000,000 BKX tokens for sale (starts in Nov 28, 2017), For Reserved: 140,000,000 BKX limited, for institutional deals (no resale for 365 days).
- The Contribution: In Presale: 100 ETH or more. For Public sale: from 0.1 ETH
Allocation
- Allocation token for Public sale: 20.00%
- Allocation token for Reserved (Institutional investors):35.00%
- Allocation token for Advisors: 10.00%
- Allocation token for Foundation: 10.00%
- Allocation token for Option pool: 12.50%
- Allocation token for Team tokens: 12.50%
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