18.06.2018

Hello everyone!
Tomorrow (19.06.2018) BABB will start equity crowdsale, everyone (If you are a US citizen you must be an accredited investor) can participate in crowdsale.
So the most important crowdsale point:
BABB are aiming to raise at least £750,000 of our £1.5 million target during the private round

General question is why? Because when was ICO BABB raised 20 millions of $ in Ethers.
Answer is simple - to receive Banking license they need to have minimum capital requirement https://en.wikipedia.org/wiki/Capital_requirement, and after seeking legal advice and speaking to the regulators in the UK and Lithuania, they have come to the conclusion that they can’t use the funds raised in the token sale for this capital requirement.

How to participate:
You must register here: https://babb.activehosted.com/f/7 in order to get your invite to invest in the private round.

Also you can also create an account on the CrowdCube: https://www.crowdcube.com/ website so that you’re ready to invest when the private sale opens.

Minimum investment amount - 10 pounds.

The private round of the equity crowdsale will open at 12pm London time on Tuesday 19th June. You will get an email invitation to invest, along with specific instructions.

Perks summary:

1. Equity in BABB. You own 1 share in BABB for every £1 you invest.
2. Investor BAX bonus. If you invest in the private round, you get 40 BAX tokens for every £1 you invest.
3. BAX airdrop. If we hit our £1.5 million fundraising target on CrowdCube, everyone who participated in the token sale will receive BAX airdrop (even if they did not invest in the equity crowdsale).

Regarding perks and benefits and rewards please refer to official announcement in Medium:
https://medium.com/babb/join-the-private-round-of-the-babb-equity-crowdsale-84a291921d51

My own opinion: I have decided to participate, because I'm full in hopes with this project,also you will have a part of company equity that is nice, and hopefully soon we will see Babb application, black card and banking licence.

Information regarding BAX price on 18.06.2018, directly from CMC (coinmarketcap.com):
$0,001353 USD
0,00000021 BTC
0,00000272 ETH

You can see that whole cryptomarket is bleeding.

Have a nice weekend!
Sincerely yours, @akycmuk