cryptobank.us

investment firm

About

Collegial monetary authority

Details

Last Funding Type
Pre-seed
Last Funding Money Raised
$200K
Industries
Blockchain,Information Technology
Founded date
Oct 10, 2016
Operating Status
Active
Investor Type
PE

Main characteristics:
Official Website at: https://cryptobank.us
Legal structure of the company: 
Crypto Capital LTD is a financial collegial body specializing in software investment, payment, and emission technologies, financial monitoring. 
CodCoin LTD - technologies in the field of cryptography, development of blockchain processing, replication center of network decentralization. 
Product: Bi2Coin digital asset (https://bi2coin.com – information block).
Additional features: Blockchain (https://bi2block.com), Financial monitoring (https://finmon.us).
Offer:
The company offers digital currency with a unique code and a ledger. The value of the asset is backed by a marker share (RPBloc), and the initial coin offering (ICO) has an official status and legal jurisdiction, which is characteristic of public financial activities. 
The next process is the organization of an IPO (initial public offering of shares) and the entry of the finished stock into the stock market, which will ensure stable capitalization and minimum volatility. The increase in demand for the asset, which is characteristic of the market, stabilizes reinvestment in infrastructure. 
Finished objects for the immediate use of currency: Investment and Banking programs (https://bi2invest.com), Exchange (https://bi2trade.com).
Strategies:
The primary offering of a fixed emission volume is not an attraction of investments for the implementation of an idea, it is not a contribution to the manufacture of coins and accompanying technologies. 
We offer finished digital currency with a distributed ledger and decentralized asynchronous replication. Bi2Coin ICO is a public financial type of investment characteristic of the IPO. 
The development of the project is based on the achievement of set objectives with the help of the capitalization of the market of demand for Bi2Coin currency and the increase of the value of the reserve (stock) for entering the stock market (IPO). 
Bi2Coin ICO:
Primary offering:
- Bi2Coin coin is a finished digital currency, abbreviation B2C.
- starting price for the start of the ICO is $10.21 per unit of asset.
- the coin is not a fork and has an individual cryptographic code base. 
- there is a jurisdiction for carrying out of the ICO, that is, Crypto-Capital LTD Company. 
- coin owners have offers similar to the offers which the owners of shares receive. 
Generation of a markershares: 
When generating a hash transaction, a marker share is generated, and the method of encrypting a single secret key using the RPBloc protocol is used. According to this method, an expanded linked list is formed, where each coin is assigned a code determined by the register of allotments, that is, a share marker. 
- the crowdsourcing method is used in case of a finished business project with the immediate use of the product; the goal is to accelerate capitalization, if there is a significant demand
The process of online coin sales will be available on the Bi2Coin financial monitoring website - finmon.us
https://ibb.co/dzahzG
Fixed emission volume:
- primary emission: 9000000 million coins
- primary offering for the ICO: 6000000 million coins
- calculation of the flow of income for the work of programs: 2500000 million coins (Investment, Banking, Partner programs)
- provision of bonuses upon registration (during the first 6 days of the ICO) - 300000 thousand coins
- capitalization of coins for the purpose of performing tasks related to the development of projects - 200000 thousand coins
Stages of capitalization:
Capitalization, the beginning of the first round of ICO
raise the price at the demand of every 100 thousand sales from 3%
shows the volatility of the price when selling the first 900 thousand coins
ISO shall be held for 20 days from 01.02.2018 to 20.02.2018
The first round of capitalization is 6000000 million coins
https://ibb.co/cQPQKG
https://ibb.co/m1KZeG
*Formation of the estimated price for the asset based on the turnover of 36 million coins, without taking into account the expected devaluation rate, which forms the asset volatility and may not amount to more than 44% for the write-down.
The B2C asset is backed by a reserve of marker shares, financial indicator of which is formed and is not less than 56% of the asset value for the current period — the reserve regulates the minimum allowable price for the B2C asset.
Without devaluation
Analysis of asset capitalization is updated, at the end of circulation 06. In accordance with the formed price of an asset/share in case of capitalization on demand.
Blockchain tecnologies
A common system of a sequential linked list of information is used. Copies of block chains are independent and are processed in the database of distributed servers dedicated to replication. Replication is asynchronous, copies of data are created and managed using a background process, during every update transaction.
The development of a specific compression method allows one to instantly create a hash-chain that contains a history of ownership, with which one can familiarize oneself on a specialized website bi2block. 
Decentralization of the coin, copies of databases are determined by the features of the replication center and are synchronized according to the rules for building a block chain (https://bi2block.com, https://bi2block1.com, https://bi2block2.com, https://bi2block3.com, https://bi2block4.com, https://bi2block5.com, https://bi2block6.com)
(Inclusion of blocks after the commencement of coin circulation - ICO) 
The history of each hash transaction is openly available on the website bi2block.com.
Financial monitoring
Open analysis of the coin in the context of features:
- Plan for the sale of B2C coins during the ICO, online mode for the sale during the ICO; 
- Generation of a marker share for a B2C asset; 
- Capitalization for the B2C coin demand, in the context of database replication; 
- Analysis of the B2C asset price formation policy; 
- Demand data; 
- Devaluation data; 
- General statistics of changes.
Reserve fund:
The asset insurance fund, which consists of a part of the income generated as a result of the work of the general financial module of Crypto-Capital Bank's investments. It was created as the insurance reserve for the client's assets in a percentage ratio, depending on the risk category of a particular investment.
The use of the Bi2Coin coin
Programs:
Investment and Banking program (bi2invest.com information block)
Investment
https://ibb.co/kAd7Yb
Banking
https://ibb.co/mGJ7Yb
Exchange (bi2trade.com information block)
Partner program (at the main address cryptobank.us)
https://ibb.co/nQqhzG
https://ibb.co/cdXvKG
Tasks for 2018:
- IPO (Initial Public Offering) procedure, for the inclusion of Bi2Coin shares in the list of world stock market exchanges.
- developing an individual online banking system for the work with the Bi2Coin digital currency and providing clients with the access to fiat payment systems around the world.
-developing an open API for business on the Internet, providing access to the work for legal entities and counterparties in real time.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$1.05M
cryptobank.us has raised a total of $1.05M in funding over 2 rounds. Their latest funding was raised on Dec 15, 2020 from a Pre-seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 15, 2020 Pre-seed $200K 1 Detail
Nov 15, 2020 Pre-seed $200K 1 Detail
May 13, 2020 Series A $200K 1 Detail
Mar 4, 2020 Seed $200K 1 Detail
Jan 1, 2020 Seed $250K 1 Detail

Investors

Number of Lead Investors
Number of Investors
3
cryptobank.us is funded by 3 investors. Bashar Hamood and FasterCapital are the most recent investors.
Investor Name Lead Investor Funding Round
Bashar Hamood Pre-seed
FasterCapital Pre-seed
Hesham Zreik Seed