Home » Blockchain/Cryptocurrency » Smart Token Chain Announces BitMinutes Initial Coin Offering (ICO)

Roswell, Georgia, November 6, 2017, Smart Token Chain, a blockchain technology company and FinTech incubator, announces the ICO (Initial Coin Offering) of BitMinutes. The ICO purchase period will run from January 1, 2018 through January 31, 2018 or whenever the total allotment is purchased.

BitMinutes are a crypto-currency backed by mobile-phone prepaid airtime minutes. BitMinutes allow peer-to-peer cash transactions to over 2 billion bank accounts in 70 countries and prepaid top-up to over 4 billion prepaid mobile accounts in over 200 countries. BitMinutes facilitate the expansion of micro-credit lending. BitMinute ownership and transactional records establish a new type of consumer credit score for emerging market consumers who currently struggle with limited access to traditional banking services.

The BitMinutes Story:

BitMinutes is a branded prepaid-minutes stored-value product. However, BitMinutes adds the previously unavailable option for prepaid minute owners of convertibility into cash.

BitMinutes can be used as both Money and/or Minutes. BitMinutes can be transferred between any two cellphones worldwide at ZERO COST. BitMinutes can be redeemed as either money deposited into over 2 billion bank and mobile wallet accounts and/or as prepaid minutes with over 300 telecom carriers globally.

Why BitMinutes Offer Instant Value:

Billions of consumers use prepaid minutes as the world’s most utilized virtual currency today. These minutes are issued as a special purpose currency by over 300 mobile phone carriers globally, but can be used ONLY on their proprietary networks for either voice and/or data services.

BitMinutes instantly convert prepaid minutes into and out of cash, enabling the following benefits:

Consumer Benefits:

• BitMinutes enable Free Money Transfer to 2+ billion bank accounts

• Low interest credit to 2 Billion previously un-banked consumers

• Virtual MasterCard to enable online ecommerce purchases

• BitMinute ownership and transactional record build a credit history, which can be used to acquire a micro-loan

Retailer Benefits:

• The corner retailer can offer new financial services like cash in/cash out transactions or micro-loan applications, turning the corner store into the “corner banker”

For complete information, please visit: https://www.bitminutes.com/

For an in-depth discussion, view the Whitepaper here.

Stay In Touch:

Telegram – https://t.me/bitminutes_ico
Twitter : http://bit.ly/Etheralabs_BitMinutes_Twitter
LinkedIn: http://bit.ly/Etheralabs_BitMinutes_LinkedIn
Video: http://bit.ly/Etheralabs_BitMinutes_YouTube

Media Contact:

Attn: Media Relations
Roswell, Georgia
+1 510.329.8155
aditya walia (aditya@etheralabs.io)