BlockBank to Launch Public Sale IDO on Ignition

BlockBank DeFiIDO on PAID Ignition

Continuing on the trail of their PRIVATE SALE, we now present the BlockBank (public Sale) IDO on Ignition! This tier-one project which brings intelligent advisors for simple DeFi Investing is going to be Ignition’s biggest raise yet! So don’t miss out on this exciting opportunity!

  • Whitelist Open: April 12, 2021; 2PM UTC*
  • Whitelist Close: April 20, 2021; 4AM UTC*
  • BlockBank (Public Sale) IDO on Ignition: April 28, 2021; 11am UTC**

Whitelist for the BlockBank (Public Sale) IDO on Ignition is closed.

The BlockBank app, which was first launched in 2019, prides itself in a mobile banking experience that is seamlessly integrated with blockchain and crypto.

The BlockBank platform is made for both professional traders and new retail market participants alike. It is made for all those looking to set their personal risk tolerance levels, receive AI-based advice on trading strategies, access modern banking services, and earn a better annual percentage yield (APY) when compared to traditional banking services. BlockBank users hold their blockchain assets in a non-custodial, cross-chain, cryptocurrency wallet with a built-in fiat gateway.

BlockBank closes the gap between existing DeFi opportunities and banking by providing users with a layer of security, improved usability, and AI-enhanced risk management through a neobanking experience. The current BlockBank app has over 25,000 users and $103,000,000 Total Value Locked (TVL). BlockBank is building decentralized financial services and infrastructure for Banking 3.0 The platform consists of the built in blocks of technology that will allow for a seamless user experience. The updated platform will feature:

  • Intelligent Advisor
  • Personal & Merchant accounts
  • SEPA/SWIFT
  • VISA/Mastercard Services
  • Crypto to crypto exchange
  • Web3 & Dapps functionality
  • Tokenized Rewards System

BlockBank’s patented AI robo-advisor monitors, gathers, and provides data in real-time based on investment preferences to maximize gains and minimize unnecessary losses.

The core AI product combines risk mitigation, social intelligence & analytics, smart contract auditing and batched transactions. While the BlockBank neural network aggregates all user interactions to expand and expedite its knowledge base.

BlockBank employs state-of-the-art technological solutions. The multi-purpose platform offers users a convenient digital banking experience bridging the gap between CeFi and DeFi.

BlockBank provides easy access to DeFi DApps, tools, and tokens, to generate yield using a clean UI without high fees. BlockBank app users can easily transfer funds using cross-chain swaps and a fiat on and off ramp. It’s a seamless integration of traditional and decentralized finance, that makes it easier for mass adoption.

The $BANK token

The $BANK token gives users access to premium features, higher APYs and in-app offers. The use-case possibilities are endless, the $BANK tokens utility will continually be added as BlockBank adds additional services, new partners and more users.

BlockBank Bank token
BlockBank Bank token

*For applications to be considered valid, all applications must adhere to the PAID whitelist lottery rules, must pass PAID Ignition’s KYC process, and adhere to each project’s specific KYC requirements and country restrictions which varies per project on a case to case basis. For a list of BlockBank specific restricted KYC countries check HERE.

**Please note we will strive to meet our expected pool opening times, however should any changes occur we will update all Golden Ticket holders and the community well in advance. Please follow our Twitter or Telegram Announcement Channel closely. Thank you!

BlockBank is developing an AI-powered, traditional mobile banking experience with seamless crypto integration.

BlockBank vision is to create an all-in-one crypto application that simplifies the user experience without compromising security, privacy, or decentralization. We aim to combine the best of DeFi and CeFi worlds in one place, incorporating patented AI technology to bring financial empowerment to clients.

IGNITION is a featured product of PAID Network, operating as a decentralized swapping protocol which allows blockchain-based token projects to offer their private and public auctions. The platform features Ethereum, Binance Smart Chain (BSC), and here shortly, Polkadot functionality.

Ignition is different from other auction platforms in that it properly vets and selects only top-tier cutting-edge projects. Its multi-level incentivization mechanisms for participants of published projects will encourage token retention which supports both the project founders and the community. It isn’t just a trading platform, it FUELs projects and takes fundraising to the next level.

Ignition brings quality projects, fixed swaps, and equitable lottery participation to the PAID community.

PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID wherever they are in the world.

PAID technology leverages Plasm to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building SMART Agreements through smart contracts to execute DeFi transactions and business agreements seamlessly.

PAID streamlines backend legal operations with SMART Agreements, so that projects can focus on making their brand bigger and better.

For any questions for the PAID network, please feel free to reach out to us on:

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