Bitney (BTNY)
Description
Bitney is built off an established, revenue-generating honey business. Profits from honey sales are used to purchase Bitney tokens from exchanges. From this buyback, 20% of the tokens are burned, and 80% is redeposited into the Beeznix Game Rewards Bank. This cycle aims to safeguard Bitney’s value.
Full Name | Bitney (BTNY) |
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Start Date | N/A |
Algorithm | ETH Token |
Proof Type | N/A |
Website | bitney.io |
@BitneyToken | |
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N/A | |
Block Number | N/A |
Block Time | N/A |
Block Reward | N/A |
Previous Total Coins Mined | N/A |
Net Hashes Per Second | N/A |
ICO Details
Bitney is built off an established, revenue-generating honey business. Profits from honey sales are used to purchase Bitney tokens from exchanges. From this buyback, 20% of the tokens are burned, and 80% is redeposited into the Beeznix Game Rewards Bank. This cycle aims to safeguard Bitney’s value.
Team:
- Allan Chan: Chairman & Advisor.
- Mark Pui: Advisor (Operations).
- Darren Kiang: Advisor.
- Ch’ng Jun Wei: CEO & Co-Founder, Bitbubs Interactive.
The Bitney Pre-sale ICO will begin on TBA, it will represent 20% of the total coin supply, with a starting price of 0.064 USD. Bitney ICO will begin on TBA. The ICO token supply represents 10% of the total token supply, so there is a total of 100,000,000 BTNY tokens available, for 0.08 USD each. The ICO funding target is 5,000,000 USD, the funding cap is 32,000,000 USD and is expected to end on TBA or when the funding cap is reached. Any unsold/remaining tokens will be burned.
Token Reserve Split (70%):
- 30% Marketing;
- 20% Private Sales;
- 18% Operations & Game Development;
- 10% Contingency;
- 2% Game Rewards Bank.
Bitney ICO features a bounty campaign.
ICO Status | Upcoming |
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Token Supply | 1000000000 |
Start Date | N/A |
End Date | N/A |
Fund Raised (BTC) | N/A |
Fund Raised (USD) | N/A |
Start Price (USD) | 0.08 |
Security Audit Company | N/A |
ICO Legal Form | Corporation |
ICO Jurisdiction | Malaysia |
Legal Advisers | N/A |
Blog | https://medium.com/@bitneytoken |
White Paper | www.docdroid.net/ScoUHjA/beeznixbrightpaperengv10.pdf#page=14 |