Last Tuesday, 17th of July, Bankera hosted its first meetup in Tokyo, Japan. More than 250 community members came to meet the CEO, Vytautas Karalevičius, and got the chance to ask questions about Bankera’s project. We would like to say an enormous thank you to each member of our Japanese community who participated in our meetup! We also cannot miss the opportunity to thank our Japanese community manager and our on-site translator for the amazing work done for this event!
We have some amazing news for Bankera’s community – now, BNK tokens are available on the second cryptocurrency exchange – SpectroCoin. SpectroCoin is the first to offer a wider range of pairs, as SpectroCoin users will have the possibility to get BNKs with BTC, ETH, XEM and Dash.
We have come a long journey in order to ensure the maximum security and stability for our users and now it is time for the next step. As you know, it has been more than a month since BNK tokens withdrawals and deposits were enabled at SpectroCoin and BNK token was listed at HitBTC exchange. Now, we are ready to enable BNK purchases at SpectroCoin, digital currency exchange, blockchain wallet and merchant solutions provider, which has been highly requested by our supporters.
We are proud to announce a huge step towards a fully functioning banking-service platform tailored for the blockchain era. In line with our original intentions, the electronic money functionality is planned to be added to Bankera ecosystem through a partnership with Pervesk (the word “pervesk” means “to transfer” in Lithuanian) which is an electronic money institution licensed in EU since late 2017 and has the right to provide electronic money services across Europe with ambitions to grow into a bank one day. In a nutshell, Pervesk will provide a gateway to fiat currency payment services while Bankera and SpectroCoin will stick to virtual currency services.
Next week, the Banker token will be listed on the HitBTC exchange and Bankera will enter a new stage of its lifecycle. Hence, we would like to remind you of our vision and attitude towards our goals. First of all, we always try to choose the right way, which is usually the hard way. The BNK token was not an exception, as it is one of a few tokens sharing net transactional revenue with its holders. There were no relevant smart contract examples in existence, so we had to develop it in-house.
Following the BNK token release on the Ethereum blockchain, Bankera is thrilled to announce that BNKs will be listed on HitBTC cryptocurrency exchange starting on Monday, 4th of June. The trading of BNK is expected to launch near 5 p.m. UTC. This is yet another step forward in Bankera’s roadmap towards becoming the bank for the blockchain era.
Today is an exciting day for Bankera and its community. After multiple audits to ensure the security of the BNK smart contract, Banker token owners are able to withdraw their BNKs to external wallets if they wish to. BNK token deposits are also now supported at spectrocoin.com. It means that Bankera’s ERC223 smart contract is already visible on the Ethereum blockchain and it is not long before BNK tokens will hit exchanges.
Since the beginning of Bankera’s project, security has been our main concern. This was reflected in our choice to use the ERC223 standard for the Banker (BNK) token source code, which was then fully developed by our team. Other companies could have opted for a quicker route and used other token codes to develop their own, but we knew this could result in potential security gaps, such as the ‘batch overflow’ bug recently discovered in several ERC20 smart contracts. Moreover, we are not creating a simple token, but a smart contract that distributes a net transactional revenue share weekly to BNK token holders, which has never been done by others. Thus, in addition to creating a unique source code for our BNK token, we have also submitted it for private and public audits to ensure its safety.
As a team, we always choose security and quality results over rushed decisions. Supporting BNKs as ERC20 tokens has always been our goal, however, we decided to dedicate more time to it and release a more advanced version of the Ethereum based smart contract. This more advanced and secure version was required because of one of our token special features: its holders receive a weekly net transactional revenue share. Hence, the smart contract source code includes the function of storing weekly commission funds. However, that is just one of the several reasons why BNK tokens are special among others in the market. So let’s take a closer look at BNK tokens and what makes them unique.
Since the beginning of Bankera’s project, it was stated in our whitepaper that unsold ICO tokens would be distributed pro-rata to pre-ICO and ICO participants. Now that Bankera’s ICO has ended, we continue to work on the goals that we set out in our roadmap. Thus, the first step taken was the pro-rata distribution of unsold tokens to all 100,902 pre-ICO and ICO participants.