Last Update
Sep 8, 2018
BlokBiz is a crowdfunding platform within the cryptocurrency segment. Our goal is to build a platform where all the listed ICOs are thoroughly checked by our Team using globally approved compliance and Anti-Money Laundering methods. Only those companies can appear on our platform which fully passing on the aforementioned procedures. Investors can browse on our platfrom for ICO investments knowing that every company is carefully checked and rated.
We also send out the funded amounts to the companies in installments based on their budget plan and the progress in the project. If the project does not proceed the funded amounts will be sent back to the investors. Our tools for achieving these goals are 24/7 customer service, professionalism, strict policies, helpful attitude and dedicated project managers for enrolled ICOs to maximize supervision and productivity.
We are issuing our own token (XBZ) for several reasons. Although it helps us financing the majority of the project it will also help our investors minimize their costs during investing and let them benefit from our operation in the future. Our aim is to make the ICO market much more safe and transparent. We will create an absolutely user-friendly platform for Investors and for the enrolled companies to reduce the costs and energy spent on their fundraising period. Our vision is to create a bundle of services under the name of BlokBiz that represents trust, and safety. A group of platforms that creates and maintains a strong hub in the ICO market.
Our team demands several official company and due dilligence documents. Every owner is checked in world-wide standard AML softwares.
BlokBiz issues and manages the funded companies’ token stocks. In that way we are preventing artifical ‘Pump & Dump’ schemes made by companies.
Successfully passing the compliance check is not determining the viability of the project. BlokBiz interviews the company's team members and rates their professionalism and the viability of the project.
Company should deliever a cashflow plan, and a roadmap. Our compliance experts review the plan, approves the amount of Ethereum that is necessary for the project, and will send to the company in installments depending on the progress in the project.
If the company passes the interview a dedicated project manager will be assigned to the project. The project manager will keep close contact with the company members and will inform the investors about the progress of the project.
If the company has collected the target amount by the deadline but does not show any progress, investors will not lose all of their invested Ethereum coins.
The purpose of issuing and offering our own token to the investors consists of two parts.
Repurchase of invested ETH coins
All purchases of XBZ tokens are refundable under the following conditions:
- From the beginning, until the last day of each sale period the purchased XBZ tokens are refundable at 0,95x ratio of the XBZ price (price without any bonus).
- If any sale period does not reach it’s goal, the investors have 30 days to reclaim their invested ETH coins at 0, 95x ratio of the XBZ price (price without any bonus). If the investors do not reclaim their invested ETH coins within the aforementioned period, BlokBiz will keep and invest that amount to develop their platforms.
- XBZ tokens will be refundable or can be used for reducing transaction fees within the platform anytime when the platform officially starts.
Reclaiming the invested ETH coins can be done by sending back the XBZ tokens to the BlokBiz deposit address and when the above-mentioned criteria are met.
November 2017 - Idea of BlokBiz
December 2017 - First steps
February 2018 - First partner for providing external compliance services
June 2018 - First investors in BlokBiz
10th of September - 10th of October 2018 - XBZ Pre Sale period
15th of October 2018 - 1st of January 2019 - Main token sale
2019 Q1
2019 Q1/Q2
2020 Q2 - Future projects
This offer is based solely on information provided by the offeror and other publicly available sources.
The token sale or exchange event is completely independent of ICOholder. ICOholder is not involved in any way, including technical support or promotion.
We list token sales from entities with which we have no relationship to help users track overall activity within the token sector. This information is not intended as advice, and you should seek professional or specialist guidance or conduct your own due diligence before making any decisions based on our content.
Any terms and conditions regarding token acquisition are solely between contributors and the token issuer. ICOholder is not the seller of these tokens.
ICOholder is not legally responsible for any representations made by third parties about any token sale. Any claims for breach of contract must be directed against the listed token issuing entity.
If you have concerns about the nature, legality, or propriety of a token sale or the involved individuals, please contact info@icoholder.com with detailed information.