Professional ICO Analytics
Professional ICO Analytics

BCB ATM (BCB)

Main information

Official site: 

https://tge.bcb-atm.com

Bounty: 

Pre ICO date: 

ICO date: 

Status: 

Weighted Average Rating: 

78.46

Project area: 

Banking

Product: 

BCB ATM is UK’s largest provider of Bitcoin ATMs, bringing digital currencies to the local high street, making Bitcoin and other cryptocurrencies accessible to people of all backgrounds. The company plans to install and operate over 3,000 machines across the UK and Europe, as well as develop the most secure multi-currency, multi-crypto mobile app, using its own proprietary blockchain technology.

MVP: 

Country: 

United Kingdom

KYC Verification: 

Where can be used: 

Sell Crypto and cash-out worldwide, keep tokens at wallet.

Rating agencies: 

ICOmarks7.6/10
Foundico7.1/10

Blockchain information

Token type: 

ERC20

Platform type: 

Ethereum

People

Team: 

NamePrevious companiesLinks
Landry Ntahe
Ryan Andallo
Shinelle FerdinandBritish American Tobacco, Associated British Foods plc, IDT Corporation
Sergeev DmitryDevLab Co. Ltd, Proarise LLC, Umbrella-web
Joelle Daley-PeartSt Joseph's Hospicem, One Housing, Imperial College Healthcare NHS Trust
Minakov YuriiDevLab Co. Ltd.
Glushenko ArtemDevLab Co. Ltd.
Tkachev AvdeiDevLab Co. Ltd.
Rumyancev ArtemDevLab Co. Ltd.
Rojkov BogdanDevLab Co. Ltd.
Grishanov SergeiDevLab Co. Ltd.

Advisors: 

NamePrevious companiesLinks
Gabrielle PatrickKnabu Distributed Systems Ltd, International Bar Association, Epiphyte Corporation
Sanjay MistryHSBC, Verum PR and Communications, Bedfordshire Health Authority
Nicholas Khan-RoperCiti Private Bank, Barclays, Ethbits

Partners: 

N/A

Financial details

Total token vol: 

120000000

Token in ICO: 

49

PreICO value: 

1 BCB = 0.3 USD

ICO value: 

1 BCB = 0.8 USD

Token Distribution: 

  • TGE : 49.17%
  • Master Node Rewards : 29.58%
  • User Rewards : 12.5%
  • Advisors : 3.33%
  • Ref Program : 2.46%
  • Team bonus : 2.5%
  • Bounty : 0.46%

Fund usage: 

    Hardcap: 

    30000000

    Softcap: 

    5000000

    Attracted: 

    Attracted %: 

    Road map

    What is done: 

    Q3 2015 Realising the UK Bitcoin ATM margins are extremely high we aim to start a network with lower fees; BCB ATM is born, business plan drafted, and we begin to look for investors. Q4 2015 With no investment insight, we incorporate BCB ATM LTD and use personal funds to buy the first Bitcoin ATM; We set our fees to 4%, an average of 3% lower than other operators; The first BCB ATM is installed in Enfield London 18th November 2015. The same Borough as the world’s first cash machine. Installed by Barclays bank in 1967 by inventor John Shepherd-Barron. Q1 2016 Using profits and personal credit cards we ordered 2 more Bitcoin ATM’s. Q2 2016 2 new Bitcoin ATMs installed in London. Q3 2016 Third Bitcoin ATM goes live in London. Q4 2016 We order 5 more Bitcoin ATMs aspopularity grows. Transactions increase by 1778%; We begin to look for ways to reduce fees across our network. Q1 2017 We install 5 new locations; We begin to float ideas for a TGE to improve the safest of the Bitcoin economic system. Q2 2017 We install our first 2 way Bitcoin ATM and don’t look back; We add new ideas for an APP towards the TGE plan, money transfer using ‘Lightning Network’. Q3 2017 We now have 16 Bitcoin ATMs and become the UK’s fastest growing Bitcoin ATM operator; BCB Ascend is added to the TGE, with treasurer. Q4 2017 Bitcoin becomes the hottest topic in the media. Requests for Bitcoin ATM’s go through the roof; We now have the largest majority share of UK Bitcoin ATM market; BCB rewards for using the ATM is added to TGE with Buy back & burn projection. Q1 2018 Number of active BCB ATMs jump up by 50% across the UK. Q2 2018 Named KING OF BITCOIN ATMS IN THE UK by bitcoinist.com; Launch Token Generation Event to the public.

    What is planned: 

    Q2 2019 Install first 205 BCB ATM’s across England, Northern Ireland, Scotland and Wales; Begin E-Money Licence Process. Q3 2019 Install second batch +129 across Europe (Locations will be voted by those holding the Most BCB Tokens) from shortlist of 5 countries; Continue E-Money Licence Process; An outline of the proposed governance/structure/board/senior management regime, including a high-level structure with the ‘key guiding minds’ in place; senior management roles critical to mobilisation identified and ready for recruitment; Develop a high-level outline of IT systems; a document outlining how the bank will fund itself including capital adequacy. Q4 2019 Third batch +150 to be distributed.  Q1 2020 Forth batch +259 to be distributed. Making a total of 743 BCB ATMs. Q2 2020 New BCB ATM Underway – Concept evaluation; Fifth batch +300 to be distributed; Making a total of 1,043 BCB ATMs. Q3 2020 Build and rigorous testing of New BCB ATM Prototype; Sixth batch +300 to be distributed; Making a total of 1,343 BCB ATMs. Q4 2020 Manufacturing for new BCB ATMs; Seventh batch +400 to be distributed. Q1 2021 Use unlocked team bonus to increase international staff, boosting speed of installation across Europe; Distribution of new BCB ATMs to begin;  Eighths batch +400 to be distributed. Making a total of 2,143 BCB ATMs. Q2 2021 Introduce business Plan and Market Introduction Plan for new BCB ATMs; Ninth batch +400 to be distributed; Making a total of 2,543 BCB ATMs. Q3 2021 Tenth batch +400 to be distributed; Making a total of 2,943 BCB ATMs. Q4 2021 Eleventh batch +400 to be distributed. Q1 2022 Twelfth batch +400 to be distributed. Making a total of 3,343 BCB ATMs. Q2 2022 Thirteenth batch +400 to be distributed. Making a total of 3,743 BCB ATMs. Q3 2022 Fourteenth batch +400 to be distributed. Making a total of 4,143 BCB ATMs

    Road map progress: 

    85%