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The Bolenum platform
Bolenum is a cryptocurrency and financial services provider targeting the African continent for a start and then expanding globally. Our platform provides secured and simple means of sending, receiving and exchanging money of all forms. It shall currently provide services in Egypt, Nigeria, Ghana and South Africa.
The Boleno token
Boleno (BLN) is the native token which is the base asset of Bolenum. The project seeks to create an end to end remittance service powered by the Ethereum blockchain.
The Boleno BLN token shall be the fuel of the whole Bolenum Project, powering its ecosystem and transferring value across its network. The BLN token shall be utilized for secured payment remittances, withdrawal to any local African fiat currency, shopping on the Bolenum marketplace, payment for transaction fees on the Bolenum Exchange, payment for new listing of other digital assets and a host of other usage
he Boleno Video bounty
We want to thank every community member who participated in the video bounty. After careful consideration, the video sent in by Adnan Khalil Algabal was selected. Hence he is the winner of the bounty price. Thus, this video becomes the proprietary property of the Bolenum Project.
- The purpose of the Boleno token or BLN is to be a store of value and a secured payment instrument for transactions
- Using the Bolenum exchange, they will be exchangeable into local African fiat currencies such as the Naira or foreign fiat currencies such as the US dollar
- The Boleno Exchange will combine the traditional exchange characteristics with a marketplace twist where peer-to-peer trading as well as peer-to-central fiat funding are available
- The Boleno tokens will also be able to be traded on third party cryptocurrency exchanges as well as the Bolenum exchange
- Will provide a Bolenum wallet that is fully compatible with the Bolenum exchange and that allows for easy withdrawal and purchase of tokens
Aug 6
Stage 1
Aug 18
Stage 2
Aug 23
Stage 3
Q4 2017
Stage 4
Q1 2018
Stage 5
Q2 2018
The Bolenum Secured Payment Remittance Service
Q3 2018
Cross Border/Token Payment Card
Q4 2018
Bolenum Wallet
Q1 2019
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Ultimately, cryptocurrency startups are launching all over the world. However, the continent of Africa – which is already underserved by traditional banking institutions – isn’t as well-represented in the world of cryptocurrency. Bolenum wants to change that. The company is targeting its cryptocurrency and financial services at four countries to begin, including South Africa, Nigeria, Egypt, and Ghana, which together account for over 350 million people. In the future, Bolenum wants to expand globally (with a focus on the Global South).
The next step for Bolenum is to launch its digital token, the Boleno token (BLN). The ICO is scheduled to start on July 15, 2017 and last until August 14.
If Bolenum is successful, the company will be able to expand the use of cryptocurrency across the continent of Africa while solving crucial roadblocks along the way. The three core products offered by Bolenum include a wallet, an exchange, and a Boleno Token.
One issue with Bolenum is that there isn’t a lot of technical information in the company’s whitepaper. The whitepaper is just 7 pages long and provides basic information about the company’s goals and anticipated products. We would like to see more concrete information regarding timelines and project development. We also can’t find any information about the founders of the company, or its executive team.
Ultimately, there are some red flags about Bolenum that need to be addressed. The platform claims to have benevolent goals in mind – but we need a lot more information about the project.
