BMF (BMF) ICO Rating, Reviews and Details

Pre ICO

Aug 1, 2018

Aug 31, 2018

100% completed

Raised funds - no Data

past

Token Details

Ticker

BMF

Additional Details

About BMF

BMF aims to normalise the blockchain for retail international money transfers (mainly overseas workers who send home money and potentially institutional users in the future), by allowing users to participate in instantaneous, very cheap and easy international money transfers over the Ethereum Blockchain.

More Affordable : BMF will reduce the cost from $12 for a $200 transfer to around $1-$4. Furthermore, BMF will use real exchange rates resulting in even more savings for international money transfers.

A Massive Industry: The annual global remittance industry (mainly migrant workers sending home money) make $500 Billion worth of international money transfers globally, and SMEs make around $5.6 Trillion worth of international money transfers per annum.

To be Listed on Stock Exchanges: BMF will seek listing on the London, EuroNext, Gibraltar and/or New York stock exchanges which increase the prestige of BMF and also allow off-chain liquidity and exposure for BMF.

Banking the "Unbanked": BMF's seondary aim is to bank the "unbanked". Around 2 Billion people globally do not or cannot open a bank account. The "unbanked" will open a blockchain-based bank account. Allowing people to have bank accounts has shown that they save more and their money is safer than being kept at home. They will also have easier access to microloans.

BMF Team

Verified 50%

Attention. There is a risk that unverified members are not actually members of the team

Lev Karaca

Commercial Lead (Co-founder)

verified

Ali Bagci

Business Dev. Lead (Co-founder)

Irah Wajchman

Technical Lead (Co-founder)

verified

Peter Piaskowski

unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Nalan Maç Pmp

Project Management Advisor

Elcin Öktem

Commercial Advisor

BMF Interviews

Lev Karaca

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

I am the Commercial Lead and Co-founder. This project will tap into a $500B per year industry and also provide time and cost savings for people who transfer money internationally.