Tag Archives: ERC20

Ethereum Request for Comment, and 20 is the proposal identifier. This is a common standard for creating tokens on the Ethereum blockchain.

PLACEMENT OF BLOCKCHAIN INVESTMENT – EXTENDED TO 14TH OF DECEMBER 2018

Buy tokens with your Bitcoin in Blockchain Investment II Inc. (BI) investment vehicle. Opportunity to Invest in the 4th Industrial Revolution. The Equity Token Offering (ETO) is open for investors.

The tokens is based on the new ERC223 standard which will operate on the Ethereum blockchain so it can never be censored or have any downtime. The ERC223 tokens is fully compatible with the old ERC20 standard and will cover all functions like voting, dividend, etc.

The new ERC223 standard have approx. half the transaction cost of the old ERC20 standard and is without its design mistakes. The tokens will be listed on selected decentralized exchanges.  In practice the tokens will function like bearer shares.

BI will provide a secure way of participating in the next generation of innovative digital platforms / ventures. Want to know more? Access the company prospectus here!

About BI’s fundraising
To become a BI shareholder, investors can buy a minimum of 1.000 tokens to the sum of Bitcoin 0,01 or about USD 70 at the recent  exchange rates (current rates at www.preev.com) .

One “mini lot” is 10.000 tokens or Bitcoin 0.1 (About USD 700).

One “lot” is 100.000 tokens or Bitcoin 1 (About USD 7.000).

Large investors can buy a block (or blocks) of tokens which we define as at least  1 million tokens, or Bitcoin 10 (About USD 70.000).

Buy tokens via our secure payment facility https://cryptortrust.com/

Cryptor Trust, is the first and still one of the few investment groups in the world to introduce a capital structure based on bitcoin, holding cryptocurrencies and blockchain related investments as its main assets as well as expanding into distributed and decentralized blockchain based finance.

– A few articles about Cryptor Trust previously seen in the media –

CRYPTOR TRUST LAUNCH BLOCKCHAIN INVESTMENT II VEHICLE

(November 6th, 2018) – Cryptor Trust is offering a new investment vehicle focused on Blockchain venture, named Blockchain Investment II Inc., short called ‘BI’. The Equity Token Offering (ETO) is open for investors world wide. Opportunity to Invest in the drivers of the 4th Industrial Revolution.

The company is offering 100,000,000 (hundred million) shares represented by tokens at a fix per token  price of Bitcoin 0,00001. All interested parties can acquire their participation in BI until Friday, November 23rd 2018, 8 pm New York time. [Check BI’s Prospectus for more details…]

The tokens is based on the new ERC223 standard which will operate on the Ethereum blockchain so it can never be censored or have any downtime. The ERC223 tokens is fully compatible with the old ERC20 standard and will cover all functions like voting, dividend, etc.

The new ERC223 standard have approx. half the transaction cost of the old ERC20 standard and is without its design mistakes. The tokens will be listed on selected decentralized exchanges.  In practice the tokens will function like bearer shares.  

BI aim is to invest in innovative Blockchain and Digital Currency related assets on a global scale. BI gives everybody the opportunity to invest in leading Blockchain based technologies

Geir Solem, investment banker and chairman at Cryptor Trust, commented on what the elements / characteristics that will define the Fourth Industrial Revolution, “Billions of new people connected by mobile supercomputers, with a storage capacity and access to knowledge not seen earlier in human history, will be multiplied by emerging technology in fields such as artificial intelligence, robotics, the Internet of Things, autonomous vehicles, 3-D printing, nanotechnology, biotechnology, materials science, energy storage, and quantum computing. Cryptocurrencies and Digital Decentralized platforms are the drivers of the revolution“

BI will provide a secure way of participating in the next generation of innovative digital platforms / ventures. Want to know more? Access the company prospectus here!

About BI’s fundraising
To become a BI shareholder, investors can buy a minimum of 1.000 tokens to the sum of Bitcoin 0,01 or about USD 70 at the recent  exchange rates (current rates at www.preev.com) .

One “mini lot” is 10.000 tokens or Bitcoin 0.1 (About USD 700).

One “lot” is 100.000 tokens or Bitcoin 1 (About USD 7.000).

Large investors can buy a block (or blocks) of tokens which we define as at least  1 million tokens, or Bitcoin 10 (About USD 70.000).

Buy tokens via our secure payment facility https://cryptortrust.com/

Cryptor Trust, is the first and still one of the few investment groups in the world to introduce a capital structure based on bitcoin, holding cryptocurrencies and blockchain related investments as its main assets as well as expanding into distributed and decentralized blockchain based finance.

– A few articles about Cryptor Trust previously seen in the media –

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.