The lock-up rules for the private sale are the following:
First 30% (120,000,000-130,000,000 BBN)
Locked until 2 weeks after the private sale close. (These are now circulating)
Next 30% (120,000,000-130,000,000 BBN)
Locked until 3 months after BBN is listed on the first exchange (Bibox). (After June 3rd, 2018)
Last 40% (160,000,000-180,000,000 BBN)
Locked until 6 months after BBN is listed on the first exchange (Bibox). (After September 3rd, 2018)
The BBN cap is set at 1 billion token.
We are only doing private fundraising, no public fundraise.
The issue price is set around ￥0.3. The private fundraise is at 20% discount, at the price of ￥0.24 during the private fundraising period.
The range of private fundraise is between 50eth to 300eth/person.
We don’t accept any agent or large player greater than our fundraise range.
Our private round of fundraise is around 30% of our total token，roughly accepting 8500eth and we can close the round，definitely no raising more than 10000eth.
Finally，the private sale is from 13/01/2018，and closed on 19/01/2018.
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The No.1 Global Data Fusion Value Network
Banyan Network is a data value network based on blockchain technology. It is also the world’s first distributed ecosystem of data economies raised and built by all participants in the field of data analytics.
Banyan Network is a data value network（DVN） based on blockchain technology. It is also the world’s first distributed ecosystem of data economies raised and built by all participants in the field of data analytics.
The value of DVN is based on “symbiosis, mutual benefits, common governance, and common prosperity.” The goal is to focus on blockchain-enabled trusted data connection, third-party data integration and governance, data applications and open market development, building a positive interactive value-linked network of data benefits by establishing standards, providing channels, and issuing tokens.
The data value network is equipped with an extendable and fast growing token system with rich scenarios, capable of promoting data aggregation in the widest range, exciting data stream at higher speeds, thereby enhancing usability and integration values, providing ways for multiplying values for data providers, processors, users, and other generalized contributors to the field of data analytics, creating a future sharing space of unlimited value. The data value network adopts advanced data matching and correction algorithms to implement and contribute to reward computation mechanisms, partnering with resourceful mainstream commercial data providers, basing the initial values on resources of branding for major clients, and providing convenient channels for enterprise and individual data sources joining the “data value network ecosystem.”
Based on theories such as “three laws of data value” and mechanisms such as “tripartite model”, the data value network covers data collection, cleansing, integration, and applications of complete business chains, to aggressively adopt the latest technical solutions such as high-performance blockchain (HPB), decentralized token exchange protocol (LOOPRING), and box computing (BC), to ensure the operation and gradual expansion of the entire network.