Bankera has released full details of its pre-ICO for a regulated bank built on blockchain technology, aiming to disrupt the financial services industry by reducing counterparty risks and lowering costs for end consumers. The pre-ICO will commence on August 28, 2017, on the SpectroCoin platform, offering 5% of total Banker tokens with a special referral commission mechanism.
From Exchange to Bank: The Bankera Story
Launched in 2017, Bankera is an operational fork of SpectroCoin, a cryptocurrency exchange, e-wallet, debit card issuer, and payment processor. While SpectroCoin never intended to become a bank, it built core infrastructure comparable to traditional banks to stay competitive. Bankera leverages this existing technology to enter the banking space under regulatory oversight.
The project focuses on three main service areas:
Personal Payment Accounts: Like a traditional bank, Bankera offers customers payment accounts with personal IBANs, interbank foreign exchange rates, debit cards, and payment processing. All services support both fiat currencies and digital currencies such as Bitcoin, Ethereum, DASH, NEM, and others, making Bankera one of the first crypto-friendly regulated banks in the market.
Instant Settlement for Businesses: For enterprises, Bankera provides instant payment settlement using proprietary KYC and fraud detection solutions. The system automatically receives incoming payment information and settles transactions that would otherwise take weeks. Advanced algorithms also estimate clients' economic power, allowing for better loan and deposit rates.
Low-Cost Investment Products: To address the common lack of adequate investment against inflation, Bankera plans to offer low-cost products such as exchange-traded funds (ETFs) and crypto-funds denominated in "baskets" as proposed by Nobel laureate Robert J. Shiller. This helps customers keep their funds constantly employed to maximize potential returns while hedging inflation.
Strong Team and Advisory Board
Bankera has assembled a strong team and advisory board, including Lon Wong, president of the NEM.io foundation, and Antanas Guoga (Tony G), a member of the European Parliament and renowned poker player. Guoga actively endorses blockchain and cryptocurrency at the European Parliament. According to him, "Bankera will enjoy the advantage of being a first operator in the market, as it will be operational at minimal viable product level before the ICO."
Pre-ICO Token Sale Mechanics
During the pre-ICO, each holder of Banker tokens will be entitled to a weekly referral commission constituting 20% of Bankera’s net transaction revenue. The pre-ICO sale takes place on SpectroCoin, where customers can currently try the minimum viable product. The funds raised will help determine the hard cap for the main ICO. Investors are advised to perform their own due diligence before participating. For more information, visit http://bankera.com.