Borneo First ICO review, all information about token sale Borneo First (BMG) | ICORating
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Borneo First

Real Assets


Borneo First plans to run blockchain projects aimed at the development of the infrastructure of Borneo Island.


In the beginnig, Borneo First plans to develop three key projects.

The Coal Green Mining Project will include the purchase of several small-scale mining sites, which will only use bio-diesel fuel. The production output will be provided to independent power plants, cement, paper and steel factories and exported overseas

The Independent Power Plant Project is designed to synergize with the other two projects. It will be fueled by the Coal Green Mining Project and will be used to power the Cryptocurrency Mining Project.

The Cryptocurrency Mining Project will deploy up to 3500 ASIC units. The mined cryptocurrency will be chosen by the team experts.


Pre-sale start date 11 Apr 2018
Pre-sale end date 30 Apr 2018
Pre-sale token supply 10,000,000
Token Sale
ICO start date 01 Jun 2018
ICO end date 31 Jul 2018
ICO token supply 125,000,000
Soft cap 5,000,000 USD (fiat)
Hard cap size 67,500,000 USD (fiat)
Token details
Ticker BMG
Type Security
Additional Token Emission No
Accepted Currencies



Bonus Program

Token Price 01.06-30.06 - 0.5 USD.

Token distribution
  • 87% - Token Sale
  • 7% - Cold Storage
  • 3% - Founder
  • 3% - Advisors and Bounty
Funds allocation
  • 30% - Coal Mining and Trading
  • 28% - Crypto Mining
  • 26% - Independent Power Plant
  • 12% - Operating Cost
  • 4% - Research and Development


Type of ratings
Hype score
Risk score

Funding Rounds

Media about Borneo First

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info High
Borneo First ICO Contacts
More on ICO


Start ICO 01 Jun 2018
End ICO 31 Jul 2018
Token BMG
Price 1 BMG = 0.8 USD
Product Type Organization
MVP Only design
Whitepaper View
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