CHANGE BANK

About Change Bank

INITIAL COIN OFFERING

An Initial Coin Offering (ICO) is the sale of a new cryptocurrency or token created by a company to its earliest adopters, in exchange for funding for further development. It is a sophisticated and democratic way to raise funds, where every investor – big or small – can participate.

MISSION

At Change, we are building the first global bank, providing a revolutionary service to people from all around the world. Our mission is to remove borders in the financial sector, and to ensure that every citizen has access to alternative financial services, finally ending the artificial monopoly created by local regulators and traditional banks.

WHY AN ICO

As we are a bank for the people, we hold our community in high regard. We humbly invite anyone who shares our vision to join our movement and create Change.

AMOUNT RAISED

Change is raising a total of 250,000 Ether. Investors can use Ether to enter the ICO.

Minimum investment: 0.5 ETH.

125 million Change Coin will be issued, with an exchange rate of 1ETH=500CAG.

BOUNTY PROGRAM

We are rewarding members of Change community that help spread the word of our ICO. A total of 15% of all Change Coins will be allocated to community, R&D, and bounties.

EARLY BIRDS

Early investors will be rewarded with discounts and exclusive access to a Change Maker status, and a premium Change Black card.

The first 500 investors will receive a discount of 30%, with other pre-sale discounts to be announced.

Project Overview

What does the company/project do

Change aims to be a full-service crypto bank, offering payments with cryptocurrencies as well as a fully integrated marketplace of FinTechs.

Change plans to develop several products:

• Crypto wallet – facilitates the storage of all major cryptocurrencies, easy management of crypto portfolios, simple transfers of funds between peers, and other functionalities.
• Change Card – a crypto debit card which allows users to spend their cryptocurrencies in online and offline locations worldwide.
• Marketplace – an all-in-one platform for financial services. Users can use their cryptocurrency to invest in stocks, P2P loans, real estate, buy travel or car insurance or take a loan in cryptocurrency.

Change is also involved in the e-Residency initiative by the government of Estonia. e-Residency gives users a digital identity in the European Union – this can be used to start a company, open a bank account, file taxes, sign documents, etc. without physically being in the EU.

How advanced is the project

Change was founded in early 2016 in Singapore. It has received backings from angel investors with over USD 200,000 in early investment. Afterwards, other FinTech startups in the region also joined Change.

The beta was released in Q2 2017. The mobile app allows storing, spending and moving fiat currency, as well as integrating APIs with Smartly and Danabijak, startups founded by Change partners.

By 2018, Change is scheduled to launch a global FinTech marketplace, which allows users to browse and purchase all kinds of financial services using cryptocurrency.

What are the tokens used for and how can token holders make money
There are several uses of CAG tokens.

Using the marketplace

Third-Party Service Providers (TPSPs) share 20% of their revenues generated from Change users with Change. This 20% is distributed between Marketplace investors and holders of Change coin in a 1:5 ratio. With 16.67% going to marketplace investors and 83.33% being distributed to CAG holders.

Change card

0.5% of all payments volume will be distributed to CAG holders.

Currency for TPSP

CAG will be the facilitator of any transactions other than spending (excluding the temporary period in the beginning where other cryptocurrencies are enabled).

As CAG tokens are used (1) as a currency on the Change platform, (2) to receive a portion of income from purchases from the TPSP, and (3) to receive a portion of transaction volume from Change Card, the more usage the Change platform has, the more valuable CAG tokens should be

Opportunities

• Change has a strong team with experience working in Fintech companies. It also has a number of legit advisors, including the former CEO of DHL Global Forwarding.
• Although it doesn’t benefit Change’s business directly, Change has an official partnership with a sovereign government, Estonia. This is going to provide validation to Change’s concept and put it steps ahead of many other blockchain projects.
• Change has a very ambitious goal of providing pretty much all the services that a traditional bank provides. If successful, the upside to the business and token value can be substantial. It also allows many financial services to be paid using cryptocurrency.

Token information

Token CAG

Platform Ethereum

Type ERC20

Price in ICO 0.6685 USD

Average price 0.19 USD

BONUS

Pre-sale 30%

First 24 hours 20%

First week 15%

Second week 10%

Tokens for sale 50,000,000

Investment information

Min. investment 0.5 ETH

Accepting ETH

Distributed in ICO 40%

Hard cap 200,000 ETH

ROADMAP

March 2016
Change is founded in Singapore with the goal of creating a global investment marketplace.

June 2016
Change receives USD 200,000 in angel investing.

September 2017
Launch of Change Coin through an initial coin offering (ICO).

January 2018
Launch of the first global FinTech marketplace on blockchain.

TEAM

Kristjan Kangro
CEO at Change

Artur Luhaäär
CEO at Smartly; Partner at Change

Gustav Liblik
CEO at First Meta; Partner at Change

Edgars Simanovskis
CTO at Change; Blockchain developer

Nakul Pant
CTO at Smartly

Henry Kehlmann
Blockchain developer

Dragos Giugula
Blockchain expert

Karl Vään
CEO at BitOfProperty; Partner at Change

Kenneth Loh
Administrative

Francisco Bernardo
Marketing

More information contact :

Website: https://change-bank.com/
Whitepaper: https://drive.google.com/file/d/0B4RKXcemFwwbNW5wVGtBMWM0c2s/view
Facebook : https://www.facebook.com/changefinance/
Medium : https://medium.com/@changebank
Twitter : https://www.twitter.com/changefinance
Telegram : https://t.me/ChangeBank
Author : Upik05
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2205131
Address wallet
0x6B4D2B44e4FB4648FE87029C4ddf00Da999127c4