Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Articles about Cryptocurrency => Topic started by: Goodcat49 on February 12, 2018, 12:29:17 AM
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BitMinutes are the first prepaid airtime token to provide low-cost financial services to the world's two billion unbanked consumers. BitMinutes serve as the universal cryptocurrency for enabling global telecommunications providers, retail merchants and a network of trusted agents to offer free money transfer and guaranteed loans to six billion cellphone users.
“I see huge potential in this particular cryptocurrency. It is backed by a hard asset, the prepaid airtime minute, that is already traded actively, if informally, in emerging markets around the word,” said David Drake.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/david-drake-joins-bitminutes/
(https://coinidol.com/upload/resize_cache/iblock/27f/900_900_1/27f7b81f0b6d67ee686ddb7ce1ecd3e9.jpg)
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This Monday Sees Another $0.002 Price Rise for The BitMinutes Pre-ICO
BitMinutes, a fintech start-up, has a dream of revolutionizing Third-World financial services through the aggressive use of FinTech innovations and the vehicle of a cryptocurrency called BitMinutes.
Their stated mission is to improve on the BitCoin idea (hence the tagline “better than BitCoin for billions”) to create a cryptocurrency that ties itself to one of the world’s most widely traded informal currencies: The Prepaid Airtime Minute. The developed world doesn’t pay for phone time by the minute anymore, but the developing world does, and will for some time. The unlimited dataplan is not financially feasible for Mobile operators in those parts of the world. The prepaid minute has become a token of exchange on the same mobile network, trading minutes back and forth to top each other up, pay debts and the like. BitMinutes plans to provide a way to make those minutes tradable between networks and cashable - unlocking serious economic opportunity, by making financial transactions much less expensive.
“BitMinutes will leverage the economies of scale offered by the innovations of blockchain technology and tokenization, providing the opportunity to significantly expand formal, reliable, financial services to developing communities that are strangled by corruption, red tape, and a lack of asset liquidity,” explains BitMinutes CEO Tom Meredith.
The BitMinutes Pre-ICO is running now, with everyone able to participate, even at a low level of $100, say, by opening an account through www.bitminutes.com and funding it with U.S. dollars, BitCoin or Ether. You can still buy BitMinutes (BMTs) at a discount to the $0.02 ICO price, but the weekly price increases have the discounted price sitting at $0.013 this week, and rising to $0.015 next Monday, April 9. This is a rise of 15.4%. The next Pre-ICO price increase is slated for the following Monday, April 16. That increase is also to be $0.002 to $0.017 per BMT.
Also look for news later this month about their pending application for approval from the Financial Monetary Authority in Lichtenstein, to add greater depth to their European operations.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/another-price-rise-for-bitminutes-pre-ico/
(https://coinidol.com/upload/resize_cache/iblock/5c0/900_900_1/5c0a03f85de6cf6aea6183bae4411f65.jpg)