BitLumens
Peaceful greetings of the universe, this time I will discuss about ICO or project BitLumens, thanks for taking time to read this article. Sampean Pancen Ngeten (JOSS).
Bitlumens is a blockchain company which was created to bring solar power and water to rural and far away communities. The company’s technology is powered by both the blockchain technology and the internet of things.
The company aims to provide social and environmental transformation for people who need it and support Minimum Viable Products (MVPs) in Latin America. The company is registered in Switzerland. The CEO and founder of the company is Veronica Garcia, which has experience as an investment consultant.
How Does Bitlumens Solar Power And Water IoT Blockchain Work?
The main idea of the company is to bring a user and eco-friendly internet of things device to bring energy and water to places which are unbanked and do not have a power grid. The agents of the company will install the hardware and collect the payments.
The company will use the app to collect information about the consumption of each client and know how much to charge for each one of the team.
The tokens will be used to access the platform. The Bitlumens systems use the Ethereum-based ERC20 tokens and the Ethereum blockchain to work. The tokens will work as a participation rights token which allows investors to support the development of the company and to take decisions but does not represent an equity in the company. The platform will work by consensus.
Also, the tokens will be purchased by farmers and people who live in the affected areas by the company’s program. They will be able to purchase power, electricity and water from the Bitlumens device.
The company plans to use clean technologies to provide to rural communities which need to use kerosene, plastic, battery torches and candles as they do not have access to electric power. By using these devices, these people would have a way to improve their businesses and their quality of life.
The company has already started its first pilot program and its mobile app in beta phase. There is a second pilot test scheduled for the end of the first half of the year. The rest of the improvements made by the company will be mostly made until the end of 2018.
Bitlumens mission is to provide options to rural communities to displace kerosene, wood or plastic-dependent households and give immediate access to cleaner, safer, and affordable energy in Latin America. Bitlumens electrify rural areas, help bring down CO2 emissions, foster gender equality and promote financial inclusion through its platform
The Blockchain Bitlumens use a combination of on and off chain data sources to calculate the credit score of women farmers Off Chain: The digital IDs are not part of the blockchain but are going to be centralized. Each user will be able to have their own ID and credit history. This information can be shared to third parties who offer microlending solutions, governments and development banks.
Users can get access to microcredits by paying a specific interest rate based on personal and behavioral variables. On chain: The idea is that our investors know when the transactions by our users are done. After the transaction is entered in the system by our agents, Bitlumens will pay these agents a commission denominated in tokens.
To be able to provide financial inclusion two important pieces of information are provided, IDs and KYC (Know Your Customer) information. Bitlumens gives access to a platform that connects microcredit solutions to users who are not powered to the grid, offering SHS.
We will provide cooperative banks with key pieces of information they require to open an account or facilitate financial services given the proof of valid microcredit. Each user will be able to have their own ID and credit history. This information can be shared to third parties who offer microlending solutions, governments and development banks.
Users can get access to microcredits by paying a specific interest rate based on personal and behavioral variables.
BLS TOKEN
BLS tokens are required to access credit score data from the 1.2 billion people who do not have access to electricity and bank accounts.
Villagers use BLS token to pay for electricity.
The BLS token is used to send remittances.
Anyone who needs a BLS token to access BitLumens services must purchase it from the open market.
BENEFITS FROM BLS TOKEN
Affordable access to safe, environmentally friendly and reliable electricity.
Access to microloans and other financial services for billions of people who do not have bank accounts.
Avoid the expensive remittance fees that are usually charged for micro-loans.
Each token represents a portfolio of microloans that is guaranteed by our hardware.
Contributing to the United Nations Sustainable Development Goals
ICO SCHEDULE AND RULES
Total token supply is limited to 50,000,000, with the smallest denominations available.
Pre-ICO Prices May 28 – 30 10 Million 4 BLS / USD 40%
ICO Bonus Day 1 June 1/3 BLS / USD
ICO Day 2-7 2 June – 7 June / 2.75 BLS / USD
ICO Day 8-14 June 8 – 14 June / 2.50 BLS / USD
ICO 15-28 June 15 – 28 June / 2 BLS / USD
Hardcap: Equivalent to USD 25 Million
Only payments are in ETH currency and fiat currency received. Bitlumens helps those who prefer to participate in pre-ICOs in fiat currency.
The final price will be determined one week before the start of the ICO pre that reflects the ETH price movement up to that point. he is 0.0001.
TIME LINE
15/01/2018
Starting from first Pilot
01/03/2018
Launching of Web and Mobile apps in Beta
28/05/2018
Pre-Sale Bitlumens
30/05/2018
Final Pre-Sales BLS
01/06/2018
Starts Sales of ICO
28 / 06/2018
Final Sales ICO
30/06/2018
Launch of new Android app
01/07/2018
Starting from second Pilot
01/07/2018
BLS Trading started
#TokenSale
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More Information Visit The Bitlumens Link:
- Website : https://www.bitlumens.com/
- WhitePaper : https://www.bitlumens.com/assets/bitlumensdata/White%20Paper%20Feb%202018.pdf
- ANN Thread : https://bitcointalk.org/index.php?topic=3163931.0
- Telegram : https://t.me/BitlumensNews
- Bounty Telegram : https://t.me/bitlumensbounty
- Facebook : https://www.facebook.com/Bitlumens/
- Twitter : https://twitter.com/bitlumens
- My Bitcointalk Profile :
- https://bitcointalk.org/index.php?action=profile;u=1134117
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