Bamboo logo

Bamboo (BMBU)

Status
ICO

Insurance for all. BAMBOO aims to provide mankind with low cost/free and borderless insurance through blockchain, AI, and machine learning technologies.

Bamboo White Paper WhitepaperBamboo Onepager Onepager

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Interest lvl
High
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User Rating
Medium
3/5 1 votes
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Ticker
BMBU
Type
Utility-token
Token standard
ERC20
FoundedMalaysia
Office addressMont Kiara Jalan Desa Kiara, B-08-06 / 07, Gateway Corporate Suites, Gateway Kiaramas, Kuala Lumpur, Federal Territory of Kuala Lumpur 50480, MY

What is Bamboo

BAMBOO is a suite of products and services addressing the needs of its stakeholders in a wide range of sectors such as healthcare, agriculture and insurance. The entire range consists of numerous applications such as the Health monitoring app, the Insurance protection app, and the Agriculture app along with the backend application for data analytics and data visualisation.

Some say that you are what you eat, this is why BAMBOO has an exceptional focus on the agriculture sector. We have gathered the best knowledge, created a guideline and set parameters that will enable our farmers to achieve the highest nutritional value for their products by deploying the best practices implied by insurance ecosystem and government agencies. We used this knowledge to create innovative agricultural insurance solutions that will make them safe and give them the ability to focus on the quality of their products.

BAMBOO business and revenue models are generated primarily within 6 revenue streams such as :

  • Reinsurance & Insurance Administration fee enabling Smart Contracts
  • Agriculture Insurance – Administration fee
  • The BAMBOO Food Label a recognized seal of assurance
  • Healthcare Management Organizations & Health Screening – Networking fee
  • Administrative fee for ecosystem partners who join
  • Data Insights from the ecosystem will be leveraged to increase partner productivity and efficiency
  • BAMBOO has a strong foundation of Blockchain Technology, Artificial Intelligence (AI) engines and Machine Learning (ML) for processing and analysing the huge data collected at various stages. The processed data and insights will help insurers and reinsurers to understand the demographics and changes in the overall health of the population, assisting in the prevention of frauds and modifying insurance policies accordingly. Further to this, it would help in maintaining healthy lifestyles and keep track of various health parameters.

    Bamboo Roadmap

    1
    2005

    Archipelago begins as an international insurance intermediary house and rapidly expands

    2
    2012

    By this time, Archipelago has grown into insurance and reinsurance underwriting and has established an ASEAN footprint

    3
    2018

    Inception

    4
    JULY 2018

    The initial Bamboo ecosystem is sketched out and market research is collected to validate the idea

    5
    NOVEMBER 2018

    Vincent Kwo is appointed CEO of Bamboo and a team is assembled

    6
    2019

    Prototyping

    7
    AUGUST 2019

    Private Sale Begins Development on the app starts with the physical health monitoring and food adulteration modules

    8
    SEPTEMBER 2019

    More features are added to the health app, such as connecting with hospitals, pharmacies and pathology resources

    9
    OCTOBER 2019

    Launching Bamboo wallet which includes free insurance and Alpha release

    10
    NOVEMBER 2019

    Pre-Sale Begins Blockchain technology will be integrated to store relevant inputs, build more modules for AI, fraud detection, image processing, prescriptions and reports

    11
    DECEMBER 2019

    Development buffer to finish and refine previous modules

    12
    2020

    Rapid R&D

    13
    FEBRUARY 2020

    Public Sale Begins More critical modules are added to the app: Charts, settlements, and farm to fork tracing modules

    14
    APRIL 2020

    BMBU Token Listing Launching Bamboo v2 DAPPS

    15
    JUNE 2020

    Launching Bamboo v1 Ecosystem with 25 ecosystem partners and 2 million users

    16
    2021

    Phase 2 Starts

    Token Sale Dates

    Presale Period

    Start date: Nov 01, 2019
    End date: May 31, 2020

    Token Allocation

    Total Token Supply 1,000,000,000 BMBU
    Total Tokens for Sale 500,000,000 BMBU

    Restrictions

    Residents of the following countries are prohibited from participating
    Balkans, Belarus, Burundi, Central African Republic, Cuba, Democratic Republic of Congo, Iran, Iraq, Lebanon, Libya, Nicaragua, North Korea, Somalia, Sudan & Dufar, Syria, Ukraine/Russia, Venezuela, Yemen, Zimbabwe investors

    Token distribution


    Consulting - 10%
    Marketing - 10%
    Technology Development - 25%
    Working Capital - 25%
    R&D Product and Market Development - 30%

    Funds allocation


    Public (Asset Backed Tokens Participants - 50%
    Team - 25%
    Company Development, Expansion and R&D - 15%
    Token - 10%

    Token Price and Payment Options

    Token price USD 1 BMBU = 0.04 USD
    Accepted Currencies ETH

    Project team

    Ian Lim Teck Soon
    Ian Lim Teck Soon
    Co-Founder & Executive Chairman
    Ian Lim Teck Soon linkedin-team
    Vincent Kwo
    Vincent Kwo
    Co-Founder & Chief Executive Officer
    Vincent Kwo linkedin-team
    BCMG
    BCMG
    Co-Founder
    Adrian Tay
    Adrian Tay
    Chief Strategy & Compliance Officer
    Adrian Tay linkedin-team
    Dr. Ryan Roshan
    Dr. Ryan Roshan
    Chief Operations Officer
    Dr. Ryan Roshan linkedin-team
    Ahmed Farouk Aripen
    Ahmed Farouk Aripen
    Chief Financial Officer
    Ahmed Farouk Aripen linkedin-team
    Melanie Seah
    Melanie Seah
    Chief HR Officer
    Melanie Seah linkedin-team
    Kanes Naidu Athinaidu
    Kanes Naidu Athinaidu
    Chief Partnership Officer
    Kanes Naidu Athinaidu linkedin-team
    Isaac Zac Ng
    Isaac Zac Ng
    Head of Underwriting, Life & Medicine Solutions
    Isaac Zac Ng linkedin-team
    Desmond Lim Swee Chong
    Desmond Lim Swee Chong
    Head of Partnership Thailand & Indochina
    Desmond Lim Swee Chong linkedin-team
    Andi Jusuf Tjendana
    Andi Jusuf Tjendana
    Head of Partnership Indonesia
    Andi Jusuf Tjendana linkedin-team
    Gilbert E. Dungca
    Gilbert E. Dungca
    Head of Partnership Philippines
    Gilbert E. Dungca linkedin-team
    Rudy Andrew Jeyaraj
    Rudy Andrew Jeyaraj
    Head of Partnership Other Markets
    Rudy Andrew Jeyaraj linkedin-team

    Advisors

    Dr. Jeevan Muthiah
    Dr. Jeevan Muthiah
    Meditech Advisor
    Dr. Jeevan Muthiah linkedin-team
    Dr. Huang
    Dr. Huang
    Digital & Blockchain Advisor
    Dr. Hildegardes Dineros
    Dr. Hildegardes Dineros
    Wellness & Agriculture Advisor
    Dr. Hildegardes Dineros linkedin-team
    Vin Menon
    Vin Menon
    Blockchain Advisor
    Vin Menon linkedin-team
    Kate Alippa
    Kate Alippa
    Marketing Advisor
    Kate Alippa linkedin-team
    Kati Aronson
    Kati Aronson
    Investor Relations Advisor
    Kati Aronson linkedin-team
    Jaison Pappachan
    Jaison Pappachan
    Technical Blockchain Advisor
    Jaison Pappachan linkedin-team

    Social media

    Industries

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