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Beluga Pay ICO details Start Date: 2018-3-1 End date: 2018-3-31 Category: Banking, Platform



Token: BBI



Platform: Ethereum



Type: ERC20



Initial price: 1 BBI = 0.003472222222 ETH



Bonus: Pre-sale 20%



Accepting: ETH

Beluga Pay

How It Works

Consumer buys a product or consumes a service from a merchant using one of our products. For example a customer orders food in a restaurant

using BELUGA’s Restaurant Edition Application.

Consumer makes payment for the product or service using Fiat Currency (ex. $USD) or Crypto currency (Bitcoin, Ether or BBI).

If the payment is made using a credit card in Fiat Currency, the merchant can decide to use BBI tokens in order to receive an Instant Merchant Deposit* instead of having to wait the traditional two working days for the settlement to occur.



If the payment is made using cryptocurrency, the settlement process is initiated and the payment to the merchant in the form of the respective

cryptocurrency is transferred instantly.

Loyalty points are accumulated for consumers on every purchase of a product and service. Loyalty points for merchants are accumulated on

every sale of a product and service.

Loyalty points can be redeemed when the consumer or merchant collect enough points. Loyalty points are redeemed in the form Fiat currencies or BELUGA’s BBI crypto currency or other cryptocurrency.

The ratio of points with currencies is calculated using built-in congurators and Oracles based on the market dynamics.

Team

Alejandro Avila Borrego Chief Executive Officer Hugo Munguía Chief Technology Officer Saravana Malaichami Chief Data Officer María Avila Customer Happiness Carlos Roca Chief Financial Offcier Alan Milke Software Architect Alejandro Muñoz UX/UI Designer Diego Gonzalez Product Lead

Beluga Pay Advisors

Don Dodge Developer Advocate at Google Arturo Galvan Naranya Francisco Diaz-Mitoma Jr. Software architect and cofounder of Revenue.com, Bowhead Health and Playsino Kyle Kemper Blockchain Evangelist

Milestones

Winter 2014 Beluga Pay's predecessor Espiral is founded after it's cofounders use an ATM that charges an exorbitant 10% Commission and $15 USD in fees in Sayulita, Mexico. The founders vow to create an innovative and fair company that will serve the unbanked.

Fall 2015 Partnership established with Mexico's largest domestically owned bank with over $70B USD in assets. Latin America's largest incubator NXTP and Naranya make a seed investment.

Summer 2016 First live transaction processed with a smartchip mobile reader.

Summer 2017 Over 100 merchants in mobile app private beta. This includes Pioneer - a Dupont Company (NYSE:DD) - helping farmers pay for seeds using a mobile app.

September 26, 2017 Beluga Pay's Private Sale launched. Only available to whitelisted buyers.

November 1, 2017 Pre-sale started.

March 1, 2018 ICO Launch.

March 1, 2018 Public Beta for Beluga's Credit/Debit Card & Crypto POS.

March 31, 2018 ICO ends.

April 1, 2018 Tokens released.

April, 2018 Token live on major exchanges.