Website

Bayan Token

ICO

Last updated: Apr 21, 2019

Bayan Token is a fully Shariah-compliant token that is backed by tangible asset and sustained by real economic projects with real forecasted returns. A token also represents the ownership of 16 hours of access benefits of Private Cloud Server.

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Overview

Project industry	Blockchain Infrastructure
Product type	Platform
Whitepaper	Open

Bounty program

What is Bayan Token

Bayan Token is structured as a Utility Token where it is being packaged with values and benefits to serve the Token Holders. Bayan token (BYT) is not only a utility token but it is also backed by real-life, profitable projects that will support the whole ecosystem. The company has managed to structure the Bayan Token as such it has an intrinsic value and that is by way of offering a one server of Private Cloud Server. Each server has 2 GHz of computing power, 1GB of memory, 5GB of SSD disk and 10GB bandwidth per month of data transfer.

Details

Pre-sales: May 08, 2018 - Jun 26, 2018
Public sales: Jun 27, 2018 - Oct 27, 2018
Pre-sale token supply: 10,000,000
Token supply: 168,000,000
Soft cap: 10,000,000 USD
Hard cap: 35,000,000 USD

Legal

Registration country: Singapore

Token info

Ticker: BYT
Type: Utility-token
Token price in USD: 1 BYT= 0.8 USD
Accepted currencies: ETH
Bonus program:
Stage 1 (Pre-Sale): 1 BYT = 0.65 USD
Stage 2 (Pre-Sale): 1 BYT = 0.7 USD
Stage 3 (Crowdsale): 1 BYT = 0.8 USD
Token distribution:
84% - Public
5% - Team
5% - Reserve
5% - Pre-Sale
1% - Bounty Program
Funds allocation:
43.3% - Operation
16.6% - Project Development
15% - Marketing
10.6% - Reinvestment
8.5% - Legal & Compliance
6% - Research & development

Bayan Token Roadmap

January-April 2018

Conceptualization;
Formation of the founders team and advisors;
Incorporation of the relevant company;
MOU agreement with relevant parties;
Shortlisting purchases.

May - July 2018

Pre-ICO fund raising;
Beta version of the platform released;
KYC module integration;
Demo version of Ai-Equity trader released;
Crypto intelligent portal is ready to be released;
Front end and back-end development tested and perfected.

November 2018 - March 2019

Expansion of the team and human capital;
Testing of token redemption with cloud provider;
Exchange listing of BYT;
Road show and extensive marketing;
Improvisation of AI-Equity Trader started.

April - August 2019

Risk management and reporting system integration;
Platfrom improvement and mobile apps;
External Integrity audit;
Extending Partnerships for 2nd year projects;
Global exchanges integration to the AI-Equity Trader Z2 system;
Distribution of privileges and entitlements to the Token Holders.