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Symbol<\/strong>: BAC<\/p>\n Crowdsale opening date<\/strong>: 15-Sep-17<\/p>\n Crowdsale closing date<\/strong>: 20-Sep-17<\/p>\n Platform for Fundraiser<\/strong>: Ethereum<\/p>\n Their mission is to make core banking services\u00a0<\/span>free<\/span>, for everyone, forever, and to deliver a full suite of financial services, including access to cryptocurrencies, at a much lower cost.<\/span><\/p>\n The financial industry needs change for the following reasons:\u00a0<\/span><\/p>\n LakeBanker<\/span><\/span>\u00a0uses mobile and artificial intelligence technologies and employs an innovative “Crowd-Banking” business model. This gives us improved risk management and massively reduced operational overheads. And, hence, they offer core banking services for\u00a0<\/span>free<\/span>\u00a0and deliver value-added financial services at a much lower cost.<\/span><\/span><\/p>\n BAC tokens are non-refundable. BAC tokens are not for speculative investment. BAC tokens are sold as a functional good and all\u00a0<\/span><\/span>proceeds received by the c<\/span><\/span>ompany may be spent freely by the c<\/span><\/span>ompany being\u00a0<\/span>absent in any condition<\/span><\/span>. Participants must confirm that they are\u00a0<\/span><\/span>not a U.S. citizen.<\/span><\/span><\/p>\n By bringing a P2P banking concept, they are trying to enter the Peer-to-Peer crypto-transaction and also P2P cross border transaction space.\u00a0<\/span><\/span>LocalBitcoins<\/span><\/span>\u00a0is already a leading player and Everex is trying to break-in. Since September 2015,\u00a0<\/span><\/span>LakerBanker<\/span><\/span>\u00a0has been an integral part of the\u00a0<\/span><\/span>LakeBTC<\/span><\/span>\u00a0platform, now, they want to develop\u00a0<\/span><\/span>LakerBanker<\/span><\/span>\u00a0as a separate entity and build\u00a0<\/span><\/span>LakerBanker<\/span><\/span>\u00a0a P2P trading network much beyond\u00a0<\/span><\/span>LakeBTC<\/span><\/span>.<\/span><\/span><\/p>\n About LakeBTC<\/strong><\/p>\n LakeBTC<\/span><\/span>\u00a0is a professional exchange for all digital assets including Bitcoin, Ethereum and other altcoins.\u00a0<\/span><\/span>LakeBanker<\/span><\/span>\u00a0will spin-off from\u00a0<\/span><\/span>LakeBTC<\/span><\/span>\u00a0as an end-user facing, easy-to-use mobile App designed for people and merchants.<\/span><\/span><\/p>\n Users may deposit or\u00a0<\/span><\/span>withdraw from the\u00a0<\/span><\/span>LakeBTC<\/span><\/span>\u00a0platform in their local currency without meeting the expense and difficulty of making international\u00a0<\/span><\/span>payments. Currently<\/span><\/span>, our\u00a0<\/span><\/span>LakeBankers<\/span><\/span>\u00a0facilitate deposits and withdrawals from the system providing liquidity to customers in many countries and\u00a0<\/span><\/span>currencies. The<\/span><\/span>\u00a0demand for other currencies is as strong but\u00a0<\/span><\/span>LakeBankers<\/span><\/span>\u00a0in those areas need more support and training.<\/span><\/span><\/p>\n BAC is based on the Ethereum blockchain and is ERC20-compliant. BAC tokens are functional utility tokens within the\u00a0<\/span><\/span>LakeBanker<\/span><\/span>\u00a0system. BAC tokens are not securities.<\/span><\/span><\/p>\n The total number of BAC will be 500,000,000 (500 million).<\/p>\n There is a 5-year vesting schedule for the team tokens, where only 20% is available for trading each year.<\/span><\/span>\u00a0<\/span><\/p>\n The tokensale will be in two phases:<\/p>\n Phase 1<\/b>\u00a0<\/span><\/p>\n Set to be held September 15, 2017, 3 pm UTC – September 20, 2017, 3 pm UTC. They will issue\u00a010 million number of tokens at a discount. In return, they hope to get feedback from the community and collaboration from investors.\u00a0<\/span><\/p>\n Phase 2<\/b>\u00a0<\/span><\/p>\n Will be held in mid-October. BAC tokens will be tradable on\u00a0LakeBTC\u00a0soon after the close of Phase 2 and before November 1st, 2017.<\/p>\nIntroduction<\/h3>\n
Analysis<\/h2>\n
Problem<\/h3>\n
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Solution<\/h3>\n
Value Proposition for Investors<\/span><\/span><\/h3>\n
My View<\/h3>\n
Platform<\/h2>\n
Key Features<\/h3>\n
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Tokensale<\/h2>\n
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