BCB ATM Ecosystem ICO (BCB)
Bringing online currency to the high street
“BCB ATM, now the UK’s largest provider of Bitcoin ATMs, is bringing digital currencies to the local high street, making Bitcoin and other cryptocurrencies accessible to people of all backgrounds.”
End: Jul 30, 2019
BCB ATM Ecosystem Use of Token
BCB is a utility token used for discounts and rewards for our users using our network of Crypto ATMs and services.
BCB ATM Ecosystem Token Sale Stages
BCB ATM Ecosystem Distribution
BCB ATM Ecosystem Past Events
- 30 September, 2015
Realising the UK Bitcoin ATM margins are extremely high we aim to start a network with lower fees, BCB ATM is born, business plan drafted, and we begin to look for investors.
- 31 December, 2015
With no investment insight, we incorporate BCB ATM LTD and use personal funds to buy the first Bitcoin ATM, We set our fees to 4%, an average of 3% lower than other operators, The first BCB ATM is installed in Enfield London 18th November 2015. The same Borough as the world’s first cash machine. Installed by Barclays bank in 1967 by inventor John Shepherd-Barron.
- 31 March, 2016
Using profits and personal credit cards we ordered 2 more Bitcoin ATM’s,
- 30 June, 2016
2 new Bitcoin ATMs installed in London.
- 30 September, 2016
Third Bitcoin ATM goes live in London
- 31 December, 2016
We order 5 more Bitcoin ATMs as popularity grows. Transactions increase by 1778%, We begin to look for ways to reduce fees across our network.
- 31 March, 2017
We install 5 new locations, We begin to float ideas for a TGE to improve the safest of the Bitcoin economic system.
- 30 June, 2017
We install our first 2 way Bitcoin ATM and don’t look back, We add new ideas for an APP towards the TGE plan, money transfer using ‘Lightning Network’.
- 30 September, 2017
We now have 16 Bitcoin ATMs and become the UK’s fastest growing Bitcoin ATM operator, BCB Ascend is added to the TGE, with treasurer.
- 31 December, 2017
Bitcoin becomes the hottest topic in the media. Requests for Bitcoin ATM’s go through the roof, We now have the largest majority share of UK Bitcoin ATM market, BCB rewards for using the ATM is added to TGE with Buy back & burn projection.
- 31 March, 2018
Number of active BCB ATMs jump up by 50% across the UK.
- 30 June, 2018
Named “KING OF BITCOIN ATMS IN THE UK” by bitcoinist.com, Launch Token Generation Event to the public.
BCB ATM Ecosystem Future Events
- 30 June, 2019
Install first 205 BCB ATM’s across England, Northern Ireland, Scotland and Wales, Begin E-Money Licence Process, Pre-application, Apply (the process to obtain Authorisation with Restriction (AWR), Mobilisation to obtain Lifting Restriction (LR), After LR
- 30 September, 2019
Install second batch +129 across Europe (Locations will be voted by those holding the Most BCB Tokens) from shortlist of 5 countries, Continue E-Money Licence Process, Submit developed regulatory business plan, along with recovery and resolution plan, Fully developed financial resource documents (ICAAP and ILAP), An outline of the proposed governance/structure/board/senior management regime, including a high-level structure with the ‘key guiding minds’ in place; senior management roles critical to mobilisation identified and ready for recruitment, Develop a high-level outline of IT systems; a document outlining how the bank will fund itself including capital adequacy
- 31 December, 2019
Third batch +150 to be distributed.
- 31 March, 2020
Forth batch +259 to be distributed. Making a total of 743 BCB ATMs.
- 30 June, 2020
New BCB ATM Underway – Concept evaluation, Fifth batch +300 to be distributed. Making a total of 1,043 BCB ATMs
- 30 September, 2020
Build and rigorous testing of New BCB ATM Prototype, Sixth batch +300 to be distributed. Making a total of 1,343 BCB ATMs.
- 31 December, 2020
Manufacturing for new BCB ATMs, Seventh batch +400 to be distributed.
- 31 March, 2021
Use unlocked team bonus to increase international staff; boosting speed of installation across Europe, Distribution of new BCB ATMs to begin, Eighths batch +400 to be distributed. Making a total of 2,143 BCB ATMs.