Tag Archives: DApps

CRYPTOR TRUST LAUNCH TELEGRAM gROUP – JOIN !

Cryptor Trust is launching  a discussion group on Telegram with the username CryptorTrustGroup.

Cryptor Trust already have Telegram Channel called Bitcoin Blockchain & FinTech with the username BlockchainForum.

The Telegram group will be a forum for the decentralized distributed digital economy.

Telegram is a cross based platform that works both on mobile as well laptop  systems. The platform was created by the brothers Nikolai and Pavel Durov, who also created the social media network VK – also called the Russian Facebook, which has about 300 million users mostly in Russia and Eastern Europe.

We want to make our Telegram Group to be an exciting place for the latest in Bitcoin, Blockchain & FinTech related developments and investments. You can join our Telegram Group here using any platform including your smartphone.

Blockchain Investor Bearer Token

Cryptor Trust just launched Blockchain Investor Bearer Token (BIB). The token operates on the Ethereum blockchain so it can never be censored or have any downtime.

The BIB Token is currently under distribution to the equity holders of  Blockchain Investor (BI) that have provided an Ethereum address.  The balance will be held in our custodian wallet until the tokens are requested by providing an Ethereum address for delivery.

Description of Blockchain Investor Bearer Token

BIB Token is based on the new ERC223 which is a modification of the old ERC20 standard and will in practice function like bearer shares. ERC223 is compatible with ERC20.

Blockchain Investor Bearer Token, Ticker “BIB”, Total Supply 1000.000.000 BIB tokens, 4 Decimals.

Tokens allocation as follows: 150 million tokens to be distributed to equity holders in BI, and 850 millions tokens is hold passive in the contract for future issuing (capital increase / acquisition) against digital assets / currencies. Issuing of these passive shares is subject to approval by the token holders.

Investopedia description of bearer shares. An example of an old world company with share capital based on bearer shares Royal Philips.

BIB is planned to be listed on CryptorDEX

BIB has a temporary logo, a silver “B”, as you can see on its social media profiles. We are considering a competition for a new logo and let the token owners choose a winner. The reward would be a bounty of BIB token.

The new ERC223 have approx. half the transaction cost of the old ERC20 standard and address the design mistakes (of ERC20).

ERC223 is created to be compatible with existing blockchain infrastructure, such as wallets like Mist, Parity, MyEtherWallet and MetaMask, and blockchain explorers such as Etherscan and Ethplorer. On top of offering the same level convenience as ERC20 tokens, it also offers its holders protection against losing tokens via accidental transaction to a wrong address.

Learn more about ERC223 main advantages compared to the old ERC20 standard.

Guide to add the BIB token on Metamask Wallet
1. Select menu (in the top left corner)
2. Select on “Add Token”
3. Select “Custom Token”

4. Paste in BIB token’s Contract number   “0x049158DA08568D1973Dc951Ec758873bF7125478”  in the “Token Address field”.

5. Select “Next”

Some wallets ask for the number of decimals as well, which is 4 decimals.  The BIB token should now occur in your wallet. Remember it will show a  balance of zero BIB tokens until the tokens are distributed to your wallet address. You add the BIB token in a similar way to the other ERC20 compatible Ethereum wallets.