Apr 18, 2019
Toyken represents a melding of our brand's philosophy, proven business methods, customer expectations and all that encapsulates a total buying experience at B.A. Toys, in the form of a virtual token. Toyken will first be available on The Waves Platform, a decentralized cryptocurrency exchange, in early 2019. To completely understand Toyken and what it stands for, you must first understand how B.A. Toys came to be, what shaped us along the way & the company we have become.
B.A. Toys was established in 2010. By 2015, sales revenue was in excess of $300,000.00(USD) annually. As a bootstrap startup, our first years of sales were extremely challenging. Bootstrapping a company means starting from nothing. It requires strict budgeting and management accountability. It teaches one how to succeed creatively, stretching resources, networks and money as far as you can. Bootstrapping can rarely be taught; It is a particularly powerful and priceless skill set, one that is severely lacking from cryptocurrency projects.
Our 2nd year we managed to become an involved retailer of Mega Brands' Mega Bloks construction sets. Fast-forward: We eventually went on to become a preferred Mega Bloks specialty retailer and received the prestigious honor of unveiling new Halo, Call of Duty, Assassin's Creed and other Mega Bloks set releases & product information, globally. You can find further detail about this monumental achievement, in our full document.
During our 3rd year B.A. Toys experienced a noticeable increase in sales volume due to netting higher prices from older, discontinued toys & collectibles. We had considerable levels of these items. In hindsight, the owner's intuition played an integral role in our "accidentally-genius" salvation. The considerable revenue increase resulted in B.A. Toys upending "conventional business practices".
Rather than clearing through inventory as quickly as possible, B.A. Toys implemented competitively pricing current merchandise, for only as long as necessary, to pay off the invoice for that specific merchandise. For example, newly released item A is only on sale until item A's invoice is paid in full. Item A is then warehoused until the item is discontinued and nearly all other competitors are out of stock.
We call this inventory program, B.A. Toys Forecast SIM. A system in which inventory management, duration and storage costs increase overall long-term costs, but results in overall sales revenue increasing at substantial multiples, while customer acquisition costs plummet. Day-to-day customary operations keep customers happy with competitive pricing. Later, more customers are just as pleased paying higher prices, long after an item has been discontinued, due to prolonged availability. This set the stage for Toyken, our B.A. Toys branded cryptocurrency.
Toyken is B.A. Toys branded cryptocurrency for toys & collectibles. Toyken will play an integral role on our website and hopefully in the collector community. As we devote products to B.A. Toys Forecast SIM annually, we will convert said products from US Dollar sales to Toyken sales. Once an item requires Toyken, it can never be purchased on our website for fiat ever again. Only Toyken. We go into this topic IN DEPTH in our Toyken White Paper.
Our website is receiving massive upgrades and developments in the first half of 2019 to handle increased capacity. Our new website will be immersive with innovative, interactive functionality and historical price indexing of/on products in US Dollars and Toyken as necessary, highlighting opportunities and benefits of Toykenomics.
Here's a sneak peek at future developments for our new & improved platform:
B.A. Toys' Toy Power℠ Membership (previously BANOPI) will receive many new features and unique benefits. All Toyken users (& hodlrs) are automatically members of Toy Power℠.
ToyTRAX℠ allows for historical market price gain/loss tracking of items on site, item watch lists, as well as voluntary custodial chain (ownership) documentation for active Collectibles Traders. Think of ToyTRAX, in a general sense, as a portfolio for your toys and more. All powered by Toyken™.
B.A. Toys Marketplace: Third-party selling platform will have a large, active supply of toys & collectibles from third-party sellers. Sellers will be required to list a minimum percentage, likely 2-3%, of their total items available on B.A. Toys Marketplace as requiring Toyken™.*
Powering FeaturesWe will retain a percentage of Toyken collected per year to power any B.A. Toys' memberships, clubs, internal actions, metrics, etc... that are powered by Toyken. We will also BURN 10% of Toyken we collect for the first two years, minimum.
Additional Toyken distribution and burn information is available in the Toyken Distribution Section. Imagine a cryptocurrency that sees year-round usage and then seasonally spikes in high transactional volumes at the end of every year. We suggest you secure Toyken early!
Remember to view our Full White Paper which has extensive information!
Q1 - Q3 2019 +
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.