Hi guys
Back again with me
Today i want explain about BlockBiz
What is BlockBiz?
BlokBiz is a crowdfunding stage inside the cryptographic cash area. We will presumably build a phase where all the recorded ICOs are consummately checked by our Team utilizing all around avowed consistence and AML strategies. Simply those sodalities can appear on our stage which thoroughly passing on the beforehand verbally expressed technique. Examiners can scrutinize on our stage for ICO theories understanding that every sodality is meticulously checked and assessed. We moreover pass on the bolstered designates the sodalities in partitions in perspective of their monetary arrangement plan and the headway in the errand. In case the assignment does not proceed with the financed aggregates will be sent back to the theorists. Our instruments for achieving these goals are throughout the day, consistently customer advantage, cleaned faculty, rigorous methodologies, obliging perspective and submitted assignment chiefs for enrolled ICOs to open up supervision and efficacy.
Problems with the ICO market
Overall Numerous ICO’s have suitable vision and revolutionary plan for the future, but approximately 2% of them will be successful. Unfortunately, majority of the coins are scams or pump and dump schemes, moreover they cause huge financial damages to the investors. Nowadays, nobody knows which is a viable or unviable project, therefore this type of market is excessively dangerous and unreliable.
Trust issues Scammers have too many possibilities to cheat. They spend lots of money for marketing activities and have great and credible appearance. These ICO’s are similar to real projects with the difference of their only aim is to defraud money. The conclusion is: it’s a hard work for investors to find the appropriate ICO to invest in.
Great projects are still failing Even if the project is meant to be a viable and real one there might be internal or external issues that can hinder or restrain its existence. A good project with bad management has little to no future in the market and can cause the same amount of loss to the investors as the fraudulent projects.
Pump & Dump Schemes In this kind of market the most typical phenomenon is manipulating the price. Generally, the capitalization of ICO’s are not too large-scale, so obviously their prices can be easily vectored. The same thing happens when a large amount of call order increases the price and everybody makes a large profit and after then nearly the same amount is sold and the price drop down and the ICO might become worthless.
The BlokBiz Method
Compliance check Our team demands several official company and due dilligence documents. Every owner is checked in world-wide standard AML softwares.
Selection of the projects Successfully passing the compliance check is not determining the viability of the project. BlokBiz interviews the company’s team members and rates their professionalism and the viability of the project.
Dedicated project manager If the company passes the interview a dedicated project manager will be assigned to the project. The project manager will keep close contact with the company members and will inform the investors about the progress of the project.
Creating the token contract for the company BlokBiz issues and manages the funded companies’ token stocks. In that way we are preventing artifical ‘Pump & Dump’ schemes made by companies.
Pay out in intallments Company should deliever a cashflow plan, and a roadmap. Our compliance experts review the plan, approves the amount of Ethereum that is necessary for the project, and will send to the company in installments depending on the progress in the project.
Refund If the company has collected the target amount by the deadline but does not show any progress, investors will not lose all of their invested Ethereum coins.
BlockBiz Info Token
Symbol Token: XBZ
Platform: Etheruem
Total supply: 100 000 000 XBZ
85% of tokens will be sold
Tokens will be available for purchase after the sales period because they can be used to reduce transaction costs with the BlokBiz portal
Prices at the start of sales 3252 XBZ = 1 ETH
There is no white list
When sales are over, BlockBiz will start offer our tokens at a price of 1891 XBZ = 1 ETH and may change due to supply in their own stocks.
