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BitBNS

IEO

BNS is an upcoming multi-protocol utility token by Bitbns, which aims at making crypto better than fiat. With features like helping you get cashback on top of amazon for paying with crypto and other things bns is working on building the native ecosystem for crypto commerce on the internet.

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Overview

Project industryExchanges & Wallets
Product typePlatform
FoundedIndia

What is BitBNS

Founded in December 2017, Bitbns is India’s largest cryptocurrency trading platform. The brainchild of three founding partners, Bitbns quickly attracted over half a million users within a year, thanks to its ever-evolving innovative approach at making cryptocurrency trading in India, an easy job even for beginners.

For Bitbns, what really keeps the innovation alive is its “Never Quit” motto. We have always said as long as Bitcoin is there Bitbns would be there. While 2018 apparently didn’t prove out to be a smooth ride for a lot of cryptocurrency exchanges in India, leading to complete shutdown in many cases, Bitbns stayed focused on developing different ways to keep the cryptocurrency ecosystem breathing in India. Not only has the exchange preserved the essence of cryptocurrency trading, it has invented newer and efficient ways for its users; thus creating the most viable cryptocurrency trading experience.

BNS is an upcoming multi-protocol utility token based on a multi-protocol approach over a blockchain. It would be issued on different blockchain protocols. The benefits of such an approach are

  • Token holders have flexibility
  • Support these protocols and initiatives around interoperability
  • Token holders would be able to seamlessly convert between different protocols and Bitbns would act as a bridge to facilitate it.

    Among the many purposes that BNS token would be crafted to serve, the most notable ones are going to be shopping, banking, remittances, and more. Essentially bns wants to establish payment rails around commerce anywhere to improve the GDP of the internet.

    Details

    IEO (Chainx Launchpad): Apr 27, 2020 - Apr 27, 2020
    IEO (Kucoin Launchpad): Jul 23, 2020 - Jul 31, 2020
    IEO (Exmarkets Launchpad): Apr 27, 2020 - May 10, 2020
    Token supply: 2,500,000,000 BNS
    Total tokens for sale: 70,000,000 BNS
    Soft cap: 300,000 USD
    Hard cap: 5,000,000 USD

    Legal

    Country limitations: US
    Registration year: 2017

    Token info

    Ticker: BNS
    Token standard: ERC20
    Token price in USD: 1 BNS = 0.024 USD
    Accepted currencies: BTC, ETH, USDT
    Token distribution:
    Team - 625,000,000
    Utility - Future Cooperation & Affiliation - 675,000,000
    Advisors, Marketing & Bounties - 375,000,000
    Token Sale - 700,000,000
    SAFU - 62,500,000
    Airdrop - 62,500,000
    Funds allocation:
    Product Development - 218,750,000
    Research & Development - 187,500,000
    Operation - 156,250,000
    Legal, Account & Regulatory - 62,500,000

    BitBNS Roadmap

    1

    Launch in 30 countries.

    2
    Oct 2019

    Systematic {urchase Plan (SPP)

    3
    Feb 2020

    Bitbns derivatives - Future and Options

    4
    Apr 2020

    Crypto Incurance

    5
    Jun 2020

    Cryptocurrency payments integration with Amazon

    6
    Aug 2020

    Bitbns Payment Gateway

    7
    Nov 2020

    BnsPay

    8
    Jan 2021

    Remittance

    9
    Mar 2021

    Lending

    10
    Jun 2021

    Payments Blockchain

    Project team

    Gaurav Dahake
    Gaurav Dahake
    Gaurav Dahake linkedin
    Prashant Singh
    Prashant Singh
    Prashant Singh linkedin
    Srikanth Sethumadhavan
    Srikanth Sethumadhavan
    Srikanth Sethumadhavan linkedin
    Abinash Mohanty
    Abinash Mohanty
    Abinash Mohanty linkedin
    Rahul Jain
    Rahul Jain
    Rahul Jain linkedin
    Shivam Chaturvedi
    Shivam Chaturvedi
    Shivam Chaturvedi linkedin
    Vishal Vikram Singh
    Vishal Vikram Singh
    Vishal Vikram Singh linkedin
    Amrit Aaryan
    Amrit Aaryan
    Amrit Aaryan linkedin
    Chinmay Sati
    Chinmay Sati
    Chinmay Sati linkedin
    Aravindh Chidambaram
    Aravindh Chidambaram
    Aravindh Chidambaram linkedin
    Nitin Vaid
    Nitin Vaid
    Nitin Vaid linkedin
    Vaibhav Seth
    Vaibhav Seth
    Vaibhav Seth linkedin

    Social media

    BitBNS web-siteBitBNS RedditBitBNS MediumBitBNSYouTubeBitBNS LinkedInBitBNS TwitterBitBNS Facebook

    MVP

    MVP URLApp storeGoogle Play

    User rating:

    5/5 ( 1 )
    1

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