B2BX: ICO's economy and the main directions of spending of funds of investors B2BX

B2BX today – one of a kind aggregator cryptocurrency liquidity for margin and stock trading. The aggregator works, including, and in the distribution business, the liquidity of brokerage companies. It should be noted that B2BX will cooperate with institutional clients. First and foremost, it is the stock and cryptocurrency exchanges, Forex, stock brokers and cryptocurrency.



Now, the platform conducts the initial placement of tokens (ICO) to attract investment for implementation of their project. The company's plans was extensive, and for the implementation of all planned funds are needed. This article describes the highlights of the conduct of the ICO, including how many tokens will be released, how much and for what purposes it is planned to attract.

Why bother to raise money, why not do it myself? The fact that the possibility of exchange and liquidity margin the company must have a license. Is no exception and B2BX. To work in the field of stock trading B2BX plans to cooperate with a Japanese company that already has the necessary documents. To implement the same operations with margin type of liquidity necessary licenses on the basis of CySec, ASIC, FCA. The total number of licenses of the company will depend on the success of a crowdfunding campaign.

Obtaining the aforementioned licenses is very time consuming and costly from a financial point of view, the process that includes the mandatory payment of government fees and security deposits, as well as a set of measures for the creation, training and support of the corporate structure. The most costly are the following events:

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    the
  • obtaining the services of specialists in the field of Finance and law in each jurisdiction where it is planned to start exchange. Work with the experts needed for high-quality preparation of documents to apply for a license and the creation of effective business models;
  • the
  • registration of the company in each jurisdiction where you plan to begin work;
  • the
  • opening physical offices in these jurisdictions and hiring of staff;
  • the
  • opening Bank accounts in jurisdictions where you plan to work;
  • the
  • support companies, including financial services and AML-support;
  • the
  • renewal of licenses (annual) and the companies themselves.

Business platforms in several jurisdictions is required for access to large local markets. This will allow the company to operate in accordance with local regulations.

New employees required for managing the project team and to create and support the technical bases, including the aggregator, trading platform and other elements of technical infrastructure.

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How much do you plan to release token?


Target sales of tokens B2BX is €25 million (has already been collected about €6 million). With this end in view made issue of 50 million tokens, of which 40 million are planned to be sold, and 10 million to leave for internal company needs (more on this below). Thus, the value of the token in the sale will amount to €0,63. You can buy them is with bitcoin (including fork), ethers, litecoin, DASH, XMR.

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How is ICO?


To conduct the ICO is used by a legal entity registered in Hong Kong.

After completion of the ICO further issue of tokens will be banned. All unsold tokens are planned to be destroyed within 48 hours after the ICO. If collected by the organizers of the ICO amount is below €5 million, all funds collected will be refunded within 48 hours after completion of ICO.

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the Safety of participants


The organizers of the ICO pay special attention to the safety of the participants of the initial placement of tokens. For this purpose, in particular, uses a distributed architecture of the services network, including personal account, API, database.
For the distribution of the tokens will be used so-called "cold wallets" with the confirmation of the transaction from multiple parties. Collected during the ICO funds will be secured via multipoles. The withdrawal of funds from these wallets will be possible only if the transaction is signed by two or more participants. At the same time view the balance of these wallets will be available to all.

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And what about the token B2BX?


After ICO it will be freely traded on all cryptocurrency exchanges that are part of the service "crypto currency exchange turnkey", and also on several major platforms that are in the top 15 at CoinMarketCap version.

Part B2BX tokens, which are distributed between team members will not be available for trading. Thus, the organizers plan to reduce the risk of fall in the value of the token.

Overall, upon completion of the ICO, the project team hopes to obtain funds to be used to accomplish goals, including active development of the platform B2BX. The aggregator B2BX already works for 2017 connected more than 30 new customers. But ICO will allow the project to operate on a much larger scale than now, will make it available to clients from a greater number of jurisdictions.
Article based on information from habrahabr.ru

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