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BitMinutes (BTM)

BitMinutes

Financial Services

Overview

Prepaid airtime token to provide low-cost financial services to the world's two billion unbanked consumers.

 

The information contained in the document is for informational purposes only. ICORating received monetary compensation in the amount of $2339 from the entity listed in this report, solely for featuring this report on the ICORating website. However, ICORating did not provide and was not requested to provide a rating for the featured entity. The information contained in this document was provided by the featured entity to the ICORating Team and from data obtained from open access and information that developers provided to the team through Skype, email or other means of communication. Our goal is to increase the transparency and reliability of the young ICO market and to minimize the risk of fraud. We appreciate feedback with constructive comments, suggestions, and ideas on how to make the analysis more comprehensive and informative.

Features

BitMinutes’ vision is to make mobile financial services affordable and ubiquitously available to consumers across the globe. BitMinutes are a mobile digital currency, backed by a commonly used asset (prepaid minutes) enabling consumers, carriers and financial services institutions to increase their access to capital.

BitMinutes combine prepaid airtime with blockchain technology via their crypto-currency for mobile financial services: BitMinutes (“BTM” or “BTMs”). BitMinutes are encrypted tokens powered by P2P Cash’s proprietary Smart Token technology. BTMs create secure interoperability between disparate global financial networks, mobile network carriers and emerging blockchains.

BitMinutes technology harnesses the decentralized power of the Ethereum blockchain by leveraging the digital ledger behind user data for making purchases, transferring money, generating loans and using airtime. By leveraging artificial intelligence, this “Big Data” payments and usage history can be utilized to calculate a proprietary “TAN Credit-Score” algorithm for use in micro-lending.

Crowdsale

Pre-sale
Pre-sale start date 01 Mar 2018
Pre-sale end date 30 Apr 2018
Pre-sale token supply 6,800,000,000
Token Sale
ICO start date 30 Apr 2018
ICO end date 01 Jun 2018
ICO token supply 3,400,000,000
Soft cap 2,000,000 USD (fiat)
Hard cap size 30,000,000 USD (fiat)
IEO Platform
Registration Country United States
Registration Year 2017
Token details
Ticker BTM
Type Utility-token
Additional Token Emission No
Accepted Currencies

ETH

BTC

USD

Token distribution

30% - ICO

50% - Future Loans

20% - Prepaid Minutes

Funds allocation

67% - Locked Up Tokens 
19% - Marketing
12% - Operations
2% - Treasury / Overhead

Team members

Name
Position
Score
Social
CEO
NA
Head of Latin American Operations
NA
Head of Social Media
NA
Head of Marketing
NA
CTO
NA
CFO
NA
Head of Banking, Compliance & Foreign Exchange
NA
Head of Engineering
NA
Head of Business Development
NA

Advisors

Name
Position
Score
Social
Founder at Draper Associates/DFJ/Draper University
1
Former in-house counsel at MasterCard and the OCC
NA

Funding Rounds

Development

Pre-Launch
Launch
Custom blockchain
Testnet
Mainnet
NA Overdue No NA NA

Exchanges

Exchange name
Country
Fiat money
Social
Seychelles NA
A+
United States $ ¥ £
$
A+
Turkey
A+
Cayman Islands NA
A
Turkey
A
United States $
A-
Seychelles $
A-
Cayman Islands NA
A-
British Virgin Islands $ ¥ £
A-
United Kingdom £
A-
NA

Rating and Analytics

Hype score Info Medium
Risk score Info High
Get Rating
BitMinutes ICO Contacts
More on ICO

Ended

Start ICO 30 Apr 2018
End ICO 01 Jun 2018
Token BTM
Price 1 BTM = 0.1 USD
Product Type Cryptocurrency
KYC Yes
Registration Country United States
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