Mission
How much does Google charge to send an email? How much does Facebook charge to send an instant message? Nothing, right? All that's moving is information. They offer these things for free, acquire billions of users and generate revenue from value-added services. So why is moving money around so expensive and time consuming? The traditional banking sector relies on decades old technology and an outdated business model. The financial industry needs change. Our mission is to make banking free, for everyone, forever, and to deliver other financial services, including access to cryptocurrencies, at a much lower cost.Concept Using the latest technology we will coordinate an innovative crowd-banking solution in which individuals supply banking services to one another. We will have few employees but millions will work for us. The system will be accessed by an easy-to-use mobile app designed for individuals and merchants where sending a payment, exchanging money, or investing in the latest Blockchain technologies will be as easy as sending a text message. Without high-street branches, ATM machines, cooperate offices, or thousands of salaried employees, the LakeBanker system has little operational overhead and can reach areas of the world without traditional banking infrastructure. Money will flow with little friction, from one individual to another, from one currency to another and from one country to another. Technology has overhauled many industries. We do that now for banking. This is how we bring free banking to the world.
Who we are We are the team behind cryptocurrency exchange LakeBTC.com. LakeBTC started in 2013. It has 10 million user accounts created from 162 countries. We support 42 currencies and 52 payment methods with hundreds more to come. LakeBTC is probably the only major platform without stolen coins, security scandals or flash crashes. As one of the most valuable brand names in the industry, LakeBTC has been proven to be robust, reliable, and trustworthy. Our CEO is Thomas Xie, co-founder of LakeBTC, cryptocurrency veteran and serial entrepreneur.
Beta Version Initial versions of the LakeBanker system have been developed and tested. Dozens of currencies and payment methods are supported, and more are coming soon. The demand has been very strong even with no public announcement or media reports. Our cashflow is healthy, and there are a number of private equities and financial firms who are interested in investing in traditional ways. Nonetheless, we plan to spin-off the LakeBanker project and launch a tokensale under an independent entity, LakeBanker Foundation. A new token called banc (BAC) will be issued to participants who contribute BTC and ETH. BAC tokens will drive transactions in the LakeBanker system and are well-integrated into our business model.
Tokensale Phase 1. of our Tokensale is set to be held September 15, 2017, 3pm UTC - September 20, 2017, 3pm UTC. We issue a small number of tokens at a discount. In return, we hope to get feedback from the community and collaboration from investors.
Phase 2. will be held in mid-October. BAC tokens will be tradable on LakeBTC 3 days after the close of Phase 2.
lakebanker.com
info@lakebanker.com
Bounty Campaign
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