Professional ICO Analytics
Professional ICO Analytics

Binax (BIN)

Main information

Official site: 

https://ico.binax.io

Whitepaper: 

Pre ICO date: 

ICO date: 

Status: 

Weighted Average Rating: 

59.49

Project area: 

Investment & Trading

Product: 

Binax is a global decentralized cryptocurrency trading platform.

MVP: 

Country: 

Malta

KYC Verification: 

Where can be used: 

Crypto exchange.

Rating agencies: 

Foundico5.9/10
Foxico8.7/10

Blockchain information

Token type: 

ERC20

Platform type: 

Ethereum

People

Team: 

NamePrevious companiesLinks
Andriy ZinchukICOBox, Ukrainian Venture Capital and Private Equity Association, Professional Government Association of Ukraine
Niсk EvdokimovICOBox, Cryptonomos, Appintop Corp.
Daria GeneralovaICOBox, Cryptonomos, APOSTOL
Anar BabaevICOBox, Setup.ru, Cryptonomos
Dima ZaitsevICOBox, VentureBeat, FXStreet
Mark Vella
Alexandre Ofevre
Artem PikovskiyTTM Group, ICOBox, Brandomatic
Greg WaismanICOBox, ISINA Music Academy, AdtoApp
Nika FranchiICOBox, Cryptonomos, Eurasian Harm Reduction Network
Fahmi Butt

Advisors: 

NamePrevious companiesLinks
Markus BickESCP Europe
Eddy TraviaCoinsilium, Seedcoin, Block Chain Space
Kelly FordPayPal, eBay, McAfee

Partners: 

ICOSBULL InvestFuture CoinHills

Financial details

Total token vol: 

1000000000

Token in ICO: 

62

PreICO value: 

1 BIN = 0.01 USD

ICO value: 

1 BIN = 0.08 USD

Token Distribution: 

  • Circulating Supply : 62%
  • Team Founder : 25%
  • Advisors : 10%
  • AirDrop & Bounty : 3%

Fund usage: 

  • Ecosystem Development : 50%
  • Marketing & Community Building : 30%
  • Partnerships : 15%
  • Development : 5%

Hardcap: 

N/A

Softcap: 

N/A

Attracted: 

Attracted %: 

Road map

What is done: 

2 July 2017- Q3 2017 The idea started, we started the business research; Proof of theory; Project Planning Binax decentralized trading platform. 1 Oct 2017 - Q4 2017 Project Developmment; Platform design; Technology & Market research finalization. 1 Jan 2018 - Q1 2018 Design Website; Start developing platforms; Core development; Build and find suitable partners. 1 Apr 2018 - Q2 2018 Partnership Establishment & Project Developmment; BIN token Launching; Raising funds from major investors; Sales ​​BIN Tokens for individuals; Give the reward to major investors early. 1 Aug 2018 - Q3 2018 Build marketing team; Community development; Assist national representatives to promote the business.

What is planned: 

10 Nov 2018 - Q4 2018 Airdrop & Bounty Launching and Community Building. 15 Jan 2019 - Q1 2018 Pre Sale start BIN token. 15 Mar 2019- Q1 2018 Started selling the BIN token to the public. 30 May 2019 - Q2 2019 End of Token Sale and token distribution to contributors. 10 Jul 2019 - Q3 2019 Launched the official project - Launch Internal Exchange Market; Launch of Ecosystem; Community training; Wallet alpha release (support BTC, ETH, ERC20 tokens); Listing on CoinmarketCap.com; Completion of listing international exchanges for BIN at 2$/BIN; Listing of BIN token in 2 of Top 10 Crypto Exchanges; Launch Decentralized Platform powered By Blockchain; Use BIN as a currency to lend to other currencies. 10 Oct 2019 - Q4 2019 Launch Marketing campaign; Prepare BIN Token for target Top 100 on coinmaketcap; Support advanced trading; Machine Learning & AI for advanced technical analysis; Listing on all Top 5 Crypto exchanges; Mobile application Development running on IOS and Android platform; Casino Online. 10 Jan 2020 - Q1 2020 Ecosystem Integration; Mobile application Development running on IOS and Android platform; Advanced Portfolio Management; Multi-exchanges integration; Global Investors Conference; Announcing the second phase of the project; Launched Online Game. 10 Apr 2020 - Q2 2020 APIs for 3rd party bots and apps; ICO report & alert; Capital gain of $ 30 million; Become the best start-up company; Launched BIN Blockchain application; Online Payment. 2020: Stanilization Regulate the market.

Road map progress: 

13%