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
2020 Q2 - Future projects
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.