BCB ATM (BCB)
Weighted Average Rating:
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.
Country: United Kingdom
Where can be used: Sell Crypto and cash-out worldwide, keep tokens at wallet.
Token type: ERC20
Platform type: Ethereum
|Shinelle Ferdinand||British American Tobacco, Associated British Foods plc, IDT Corporation|
|Sergeev Dmitry||DevLab Co. Ltd, Proarise LLC, Umbrella-web|
|Joelle Daley-Peart||St Joseph's Hospicem, One Housing, Imperial College Healthcare NHS Trust|
|Minakov Yurii||DevLab Co. Ltd.|
|Glushenko Artem||DevLab Co. Ltd.|
|Tkachev Avdei||DevLab Co. Ltd.|
|Rumyancev Artem||DevLab Co. Ltd.|
|Rojkov Bogdan||DevLab Co. Ltd.|
|Grishanov Sergei||DevLab Co. Ltd.|
|Gabrielle Patrick||Knabu Distributed Systems Ltd, International Bar Association, Epiphyte Corporation|
|Sanjay Mistry||HSBC, Verum PR and Communications, Bedfordshire Health Authority|
|Nicholas Khan-Roper||Citi Private Bank, Barclays, Ethbits|
Total token vol: 120000000
Token in ICO: 49
PreICO value: 1 BCB = 0.3 USD
ICO value: 1 BCB = 0.8 USD
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%
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.
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.
Using profits and personal credit cards we ordered 2 more Bitcoin ATM’s.
2 new Bitcoin ATMs installed in London.
Third Bitcoin ATM goes live in London.
We order 5 more Bitcoin ATMs aspopularity grows. Transactions increase by 1778%;
We begin to look for ways to reduce fees across our network.
We install 5 new locations;
We begin to float ideas for a TGE to improve the safest of the Bitcoin economic system.
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’.
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.
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.
Number of active BCB ATMs jump up by 50% across the UK.
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.
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.
Third batch +150 to be distributed.
Forth batch +259 to be distributed. Making a total of 743 BCB ATMs.
New BCB ATM Underway – Concept evaluation;
Fifth batch +300 to be distributed;
Making a total of 1,043 BCB ATMs.
Build and rigorous testing of New BCB ATM Prototype;
Sixth batch +300 to be distributed;
Making a total of 1,343 BCB ATMs.
Manufacturing for new BCB ATMs;
Seventh batch +400 to be distributed.
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.
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.
Tenth batch +400 to be distributed;
Making a total of 2,943 BCB ATMs.
Eleventh batch +400 to be distributed.
Twelfth batch +400 to be distributed. Making a total of 3,343 BCB ATMs.
Thirteenth batch +400 to be distributed. Making a total of 3,743 BCB ATMs.
Fourteenth batch +400 to be distributed. Making a total of 4,143 BCB ATMs
Road map progress: 85%