Empowering local merchants and consumers through blockchain. Balehubucks ICO rating – not rated.
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PRE ICO Dates : 01/12/17 – 31/12/17
About Balehubucks ICO (token sale)
The Balehu Community is innovating the way stakeholders engage in everyday interactions with each other. With BalehuBiz and BalehuBot, merchants attract and retain consumers with simple online marketing tools, made possible with actionable intelligence, while consumers find interesting business engagements and real-time deals.
Through our initial coin offering, BALEHU WILL BE INTRODUCING A REVOLUTIONARY BLOCKCHAIN-BASED LOYALTY REWARDS PROGRAM. With the goal of ‘gamifying’ Loyalty Rewards, BalehuBucks will be awarded to users for each transaction and participation through the BalehuBucks Reward Engine.
Using Blockchain technology, Balehu will restore and reward local commerce. With the introduction of the ethereum-based token BalehuBucks, and the BalehuBucks Reward Engine, tokens are issued to participating users that are transferable within the Balehu Community. Merchants and consumers can earn, collect and retain rewards based on their participation in The Balehu Community.
Balehu is introducing an open source cryptographic token, named BALEHUBUCKS. This cryptocurrency is earned through participation and can be used to make purchases at participating merchants. The initial offering of BalehuBucks will be made available during the Pre-ICO and ICO. However, most BalehuBucks are reserved for participation within the Balehu Community and will be issued by BalehuBucks Reward Engine. In the future Balehu intends to make BalehuBucks available for purchase on various exchanges, however, there is no guaranty that BalehuBucks will ever be available on an exchange. Purchasing and participation information is provided at BALEHUBUCKS.COM. BalehuBucks is of fixed supply. However, ONLY A SMALL PORTION OF BALEHUBUCKS SUPPLY WILL BECOME LIQUID SOON, as described in detail below. BalehuBucks will be distributed through BalehuBucks Reward Engine only to active users of the Balehu Community. Like other cryptocurrencies, units of BalehuBucks are mutually interchangeable and transferable. BalehuBucks can be traded externally on cryptocurrency exchanges, and can be transferred among fellow Balehu Community Members.
The ethereum blockchain is currently the industry standard for issuing custom digital assets and smart contracts, allowing for advanced features and an active ecosystem. The ERC20 token interface allows for the deployment of a standard token that is compatible with the existing infrastructure of the ethereum ecosystem, such as development tools, wallets, and exchanges. These advanced features and active ecosystem make ethereum a natural fit for BalehuBucks.