Hello my friends, meet again with me Mas Bayu. In the beginning of this December, I would like to review an invitation of BANKEX ICO which enliven the world crowdfunding for the purpose of forming and developing a start up & platfom. There may be some “considerations” in this article that can be used to reinforce your decision whether to contribute in BANKEX ICO or not, it’s up to you. But first, you must understand my rules first. Here I just write a review article, and I hope you do not make an investment decision based on this article. All the investment decisions and results you get, are absolutely your own responsibility. This article is only used for speculation only. All right, let’s see!
Brief Information About BANKEX ICO
BANKEX is developing a new tokenization technology that uses the blockchain technology to offer advanced Proof-of-Asset protocol for the financial markets. By using Smart Contracts, BANKEX may digitize various types of assets like portfolios including real estate, ensures that the asset is validated, turns it into a token, and places it on the market for trading. Liquidity in form of cryptocurrencies or even fiat money is is only a click away from asset owners. It provides investors the access to capital and guarantee clear cashflow.
The main product of BANKEX is the Proof-of-Asset protocol. It is an additional layer between blockchain infrastructure and real assets which aims to put additional transparency. Using this technology asset owners solve the issue of asset liquidity. In result, implementing Proof-of-Asset means that the token issued as part of the protocol is backed by an actual asset that is constantly tracked in automated way.
BANKEX is supported by 10 banks and top tech companies, including the Microsoft Corporation. BANKEX is ranked in Top- 50 FinTech startups of the world.
What is the asset tokenization?
Tokenization is the process of protecting sensitive data by replacing it with an algorithmically generated number called a token, much like a website domain is a representation of an IP address on the internet, a token is a representation of information on the blockchain. By processing this information BANKEX PoA can perform actions that would usually require a third party for verification. Simply put – tokenization of assets is basically the process of passing on the rights to an asset into the blockchain and making it globally available. BANKEX tokens carry both functions : utility and security, while serving as a gateway to the platform they are also backed with the real world assets.
What is ICO?
ICO (Inital Coin Offering) is an invitation to fundraising to the public or investors who want to give support to form start-ups or develop platforms by offering new tokens issued by related platforms. These tokens or coins usually have special utilities related to the platform, for example used as a transit cost, used as a medium of exchange, fee, GAS, loyalty and others. In addition, tokens or coins sold, will be available on Cryptocurrency Exchanger to get the desired tokens.
In conclusion, BANKEX ICO is an invitation to the public to seek support by selling BKX tokens, the Ethereum ERC20 based tokens issued by BANKEX for fundraising. Some of the information I get from websites and whitepapers about ICO is as follows:
- ICO Start Date : 28 November 2017
- ICO End Date : 28 December 2017
- Minimum investment : 0.1 ETH
- Softcap : 20,000,000 BKX (has been achieved on the first day of ICO)
- Hardcap : 220,000,000 BKX
- Accepted Currency : ETH, BTC, LTC, WAVES, TIME , SALT
- Token Sale Page : You must register on BANKEX official website to buy BKX
BANKEX ICO is Backed by The Best Crypto Teams
In my opinion, team members on a project are the most important part. The team is in charge of all the travel and progress of the project. Decisions must be made with careful thought and consideration. The experience of a team also determines the success of a project. For example, imagine if Bill Gates created a project. So what will happen? Of course, investors will invest in a project done by Bill Gates, because we all know, that Bill Gates has been successful with Microsoft. Bill Gates has a lot of experience in business and software. That way, the project done by Bill Gates will be successful and investors will get their ROI.
BANKEX ICO is supported by highly experienced Tim and Advisors in the world of finance and cryptocurrency. This can be a consideration for you who want to invest in BANKEX ICO. In short the team from BANKEX ICO is from Sberbank, Segmento, AdWired, Ecommerce Cybermarket Arsenal, TimeBay, Moscow Industrial Bank, Uniastrum Bank, National Bank Trust, Sellfy, KIT Finance and others. The amount of experience played will facilitate teamwork, because they already understand what they will do. Most of them are also graduates from Top University, such as Stanford University, Volgograd State University, Rostov State University, Legal Partner, Riga International Collage of Economics and Business Administration, Southern federal University. In addition, the team and developers are supported by a very experienced advisor in the world of blockchain, such as Nehemiah Kramer, David Wachsman, Sergey Sergienko, Chris Skinner and others.
Here I show you, the profiles of Team that I think, have a big influence on ICO BANKEX project.
- Igor Khmel (CEO BANKEX) – https://www.linkedin.com/in/ikhmel/ : Experienced in product development, operations and digital strategy implementation in corporate and entrepreneurial environments. ex-McKinsey consultant completed an MBA at Stanford GSB with solid banking background, professional expertise in fintech products, digital banking and venture capital.
- Denis Khoruzhiy (CTO BANKEX) – https://www.linkedin.com/in/denis-khoruzhiy/ : 10+ years experience as a technical director. PhD in Physics and Mathematics. Experience in Machine Learning, Natural language processing
- Constantine Kurbatoff (Chief Strategy Officer) : 4+ years in Venture business & 6 years as a CFO in APE corp. (USA). Strategy consulting (energy services) at CARANA corp. Master in Finance, MSc. in Mathematics & Computer Science. Co-Founder of fintech startup in Israel (Google launchpad)
- Neil Benedict (Head of Business Development) : Background in Quantitative Risk and Institutional Credit. VaR modeling for fixed income, options and futures portfolios. Led leveraged finance deals ranging from $500K up to $2.4B. MS in analytics from the University of Chicago with focus on optimization and decision modeling
And these teams are equipped with outstanding Advisors in the field of cryptocurrency. Here I will give some profile advisor from BANKEX ICO which is very influential on BANKEX platform
- David Wachsman (Founder at Wachsman PR) https://www.linkedin.com/in/david-wachsman-a3a84652/ – Wachsman is a graduate from Binghamton University who has residence in New York, USA. He was Executive Director of Ericho Communication. He has a wealth of experience in the field of cryptocurrency and is also an Advisor on INS Ecosystem which also organizes ICO events. David Wachsman has an ISS (ICO Success Score) https://icobench.com/u/david+wachsman which is quite high, which is 12 points.
- Chris Skinner ( Global Ambassador at Innovate Finance) https://www.linkedin.com/in/cmskinner/ – Chirs Skinner merupakan pakar di bidang keuangan dan cryptocurrency. Dia juga menjadi bagian dari Selfkey ICO, The Token Fund ICO dan juga Tokenbox ICO. Rate sukses dari Chris Skinner saat menangani project ICO terbilang cukup tinggi, yaitu 12,6 poin. https://icobench.com/u/chris+skinner
Read another post : Something You Can Do if You Have BBI Tokens
An ICO project will be known for success through teams, developers and advisors. Understanding the organizational structure and also tracking the experiences and backgrounds of the team, developers and advisors will convince us about the future of BANKEX ICO will be bright. Maybe this could be a consideration for all those who are still unsure of BANKEX ICO, do not miss this opportunity. Visit their website to participate on BANKEX ICO
BANKEX ICO Links
I am not part of the team or developer, so for more valid and updated information, please visit social link from BANKEX ICO Official
BANKEX ICO Website : https://bankex.com/en/
BANKEX ICO Whitepaper : https://bankex.com/en/whitepaper
BANKEX ICO Telegram : https://t.me/bankex
created by bayu7adi