|Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.|
|Start||July 8, 2019|
|End||August 17, 2019|
ICO description, Technical Details and Documents
Bitenny is a payment platform designed by a group of information technology specialists from the Netherlands with the purpose of laying the foundation for the future symbiosis of cryptocurrencies and conventional fiat currencies, and providing users with a comprehensible tool for financial asset management, driven by artificial intelligence.
The project intends to offer both failsafe and efficient instrument for expanding and improving investment portfolios, as well as high-performance payment and trading protocols to heed the needs of businesses.
In order to fund the further development of the platform, Bitteny organizes a sale of BTNY, the ERC-20 compliant utility token, the prime engine of the entire network that can be used as a payment vehicle, a trading currency, or as the means of obtaining access to certain platform features.
Bitenny is a meeting point for traditional financial institutions, cryptocurrency holders, exchanges, and payment service providers. The platform’s backend is comprised of a blockchain layer, with the Ethereum blockchain as its foundation, the exchange layer, and a stack of AI algorithms.
Speaking of AI, it comes as a driving force behind the Prally Interactive Assistant, the financial asset management tool designed to help investors to make well-considered and informed financial decisions. Prally is comprised of three digital agents: PayAgent, TradeAgent, and RiskAgent, which collect relevant information, analyze it and present to the user, who then makes a final move.
Apart from that, Bitenny provides means for recurrent digital payments, fraud-free crypto trading, retail purchases, issuance of supplier contracts, and hassle-free investment making.
Shandad Kiyani. The founder and CEO. A leader and innovator who takes a specific interest in digital entrepreneurship and development of fintech products.
Mahdad Kiyani. The co-founder and CCO. A software engineer with more than 16 years under his belt, Mahdad is an expert in dApp development, cybersecurity, and system architecture.
The presence of Bitenny on all major social media platforms can be characterized as weak. The project is active mostly on Twitter, where it has 415 followers, while their Facebook page is being followed only by 1049 people. Despite that relative unpopularity, or a lack of marketing effort, Bitenny creates relevant content on a regular basis.
There are two ways for acquiring BTNY tokens, which is to fill out the application form on the official website to get whitelisted, and then pass the KYC procedure, or to participate in the exchange offering conducted through the Latoken Launchpad.
Bitteny has set itself a minimum financial goal of $3 million while the hardcap was established at $25 million. The project allocated 1 billion BTNY tokens for sale, though all token that will not be distributed over the course of the crowd sale will be burned.
The price of 1 BTNY is $0.07, with the minimum required investment being not particularly steep - only 0.3 ETH. It should be mentioned in this regard that Bitenny accepts only Ethereum. The list of the restricted area is quite extensive and includes Cuba, Venezuela, USA, Ethiopia, Kenya, Sao Tomé en Principe, Iran, Iraq, Serbia, Afghanistan, Cambodia, Tunisia, People's Republic of Korea, Yemen, and Trinidad and Tobago.
* Crypto Rating accepts no liability for any errors in the Bitenny ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2021 Crypto-Rating.com
The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.