World Bit Bank initial coin offering (ICO)

The World’s First Legal Cryptocurrency Bank



Vitsolutions, LLC has been conducting technical development of the World Bit Bank project and researching innovative financial technologies and the blockchain technology since 2016. World Bit Group which manages the World Bit Bank was established in 2018. It was registered in the EU and holds the Virtual currency against fiat currency exchange license and the Virtual currency wallet service license. Being under European jurisdiction, all real and digital assets of investors will have the highest security. By covering a large portion of the globe, we will be able to provide millions of people with banking services using cryptocurrency in conventional banking operations. Such services include: cryptocurrency loans, use of cryptocurrency in VISA/MasterCard debit cards, easy and cheap transfer and exchange of cryptocurrencies and many more financial transactions we make every day.

3.4
3 3 expert ratings
5
3.4
3.4
3.4
View rating distribution
Starts in 11 months ago
2018-09-01 - 2018-12-31
Token
WBBC
Type
ERC20
Price in ICO
1 WBBC = 0.0037 ETH
Platform
Accepting
ETH,
Soft cap
250,000,000 EUR
Hard cap
500,000,000 EUR
Raised
0
preICO start
Apr 27, 2018
preICO end
Jun 27, 2018
ICO start
Sep 1, 2018
ICO end
Dec 31, 2018
More on ICO
Report

About World Bit Bank ICO

In February 2018 the company obtained a license to work with cryptocurrency - virtual exchange, virtual wallet services in full compliance with Estonian anti-money laundering and financial terrorism laws. The project involves the development of technologies and the establishment of an international cryptocurrency bank under the World Bit Bank (WBB) brand, whose work is based on two key technologies:
mobile, as a means of conducting real-time monetary transactions, and blockchain technology - the use of cryptocurrency (Wibcoin token) as the unit of account in the World Bit Bank ecosystem.
The WBB Wallet mobile application - a mechanism which merges tokens and a debit card. World Bit Bank (WBB) enables bank customers to pay in any cryptocurrency worldwide as long as they have any digital money on their WBB Wallet.
The World Bit Bank (WBB) project offers a new solution developed from blockchain technology and related to 5G finance, specifically:
● absolute transboundariness;
● cross-platform nature;
● easy usage;
● Instantaneousness of transactions;
● funds always under control of the client. The client’s funds cannot be handled without the client’s approval;
● low or zero transaction charges;
● high security thanks to cryptography;
● API with open source code;
● full transparency of source and movement of funds between accounts;
● authentication;

World Bit Bank reviews

Suzat Fernandes
CFO & Co-Founder
Rated on Aug 30, 2018
4
4
4
24%

World Bit Bank is an interesting concept. Though I don’t think they are the first ones to bring such an idea to the market. The team appears strong and since they have been working on blockchain technology since 2016, it will give potential investors an added sense of confidence. KYC is done, which is an added bonus.

Anthony Manfre
Entrepreneur | Consultant | Cryptocurrency | ICO | STO
Rated on Sep 23, 2018
2
2
2
10%

Competition is high and the white paper is extremely basic when you consider the vision.

Funding will contribute towards 9 x bank acquisitions, however investors have no understanding of the financial outlook of the project, there is no underlying research, strategy, assumptions, risks / mitigants, considered in the paper. The teams ability to add significant value in the transaction therefore reflects poorly.

Competitor analysis is also weak.

No one knows how mainstream adoption will occur, so in the abscence of customers this is high risk.

PlumBot
ICO Analyzer Bot
Rated on Sep 30, 2018
0
0
0
66%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

World Bit Bank ICO price

Price in ICO

1 WBBC = 0.0037 ETH

World Bit Bank (WBBC) crypto

World Bit Bank coin

World Bit Bank token
WBBC
World Bit Bank type
ERC20
World Bit Bank platform

World Bit Bank (WBBC) value

Tokens for sale
750000000

World Bit Bank investment info

Accepting
ETH,
Soft cap
250,000,000 EUR
Hard cap
500,000,000 EUR

World Bit Bank whitepaper

World Bit Bank team

Apply as an advisor

Igor Romanenko

Founder, CEO

Vlad Romanenko

Co-founder "Vitsolutions", LLC

Vasily Solovyev

Banking Specialist

World Bit Bank milestones

1
2016

WePower idea

2
2019

WePower idea

3
26.12.2017

WePower idea

4
27.04.2018 – 27.06.2018

WePower idea

5
27.12.2017 - 26.04. 2018

WePower idea

6
3Q 2018

WePower idea

7
4Q 2018

WePower idea

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