Banking is undergoing its greatest revolution since the invention of the printing press. Technology is changing how money is spent, stored, and exchange especially with the advent of the blockchain. Blockchain has enable startups to start addressing the woes of the banking industry, and while many attempts has been made to create an integrated solution, their focus on niche problems negates the impact of their solutions.
To truly revolutionize the banking industry, the platform will have to showcase the potential of becoming a one-stop store for all financial services, the same way, traditional bricks and mortar banks are now. The platform will also have to reduce the number of counterparties, thus lowering the cost of banking for the end consumer. Such a platform is what Bankera is offering.
Following a successful presale that raised 25 million Euros and gathered more than 16,000 contributors in September, Bankera has officially announced the launch of its token sale. Starting on November 27th, the blockchain-based startup will offer its BNK tokens to the general public to implement its decentralized banking services.
Bankera is an operational fork of SpectroCoin ( https://spectrocoin.com), a successful cryptocurrency exchange, e-wallet, debit card provider and payment processor with an established client base of 490,000 clients and over 64,000 cards issued. Leveraging core infrastructures whose functionalities are now comparable to the traditional banks, Bankera is the natural extension of SpectroCoin’s services to develop a banking system for the blockchain era.
The blockchain has drastically lowered entry barriers to financial services, enabling anybody from anyway to own digital assets with ease. Bankera will take this further by providing users with payment accounts that includes personal IBAN, debit cards, interbank foreign exchange rates and payment processing. These services support both traditional fiat currencies and cryptocurrencies like Bitcoin, Ethereum, DASH, NEM, ERC20 compliant tokens and much more.
Led by Craig Grant, formerly of Paysafe Group and Currencycloud, Bankera’s business development will see it implement innovative solutions such as gross-domestic-product (GDP) linked currencies and the use of exchange traded funds (ETF) as a substitute for money.
In order to facilitate its cross-border financial services for fiat, Bankera will seek banking licenses in key jurisdictions and intends to be fully compliant to achieve this objective.
Bankera launched its main token sale on November 27th with over 30 million euros raised in presale.
30% of the total token supply will be made available for sale to the public at 0.017 EUR per BNK. Participants can purchase tokens using more than 20 payment methods, including a variety of cryptocurrencies, such as ETH, BTC, DASH and XEM, and fiat currencies like EUR, GBP, and USD. Tokens can be purchased on SpectroCoin platform.
Holders of BNK tokens will receive referral commission, paid weekly. This commission constitutes 20% of Bankera and SpectroCoin net transaction revenue is implemented through smart contracts that takes 20% of Bankera's and SpectroCoin's net revenues and send them to all token holders. After completion of token sale, Bankera will transition to a fully operational banking service for both, fiat and cryptocurrencies through the acquisition of required licenses.
Bankera has built a team of over 50 talented professionals with expertise in diverse fields. Audrius Ziugzda, an expert banker, is the latest addition to company’s advisory board. He brings with him over 20 years of experience in the banking sector, mainly in the M&A, banking operations and strategic fields. He joins names such as Lon Wong, president of the NEM.io foundation, Antanas Guoga, a member of the European Parliament, and Eva Kaili, also a member of the European Parliament.
White paper: https://bankera.com/Bankera_whitepaper.pdf
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