IEO Phases

B3X Token

Public Sale 1

Completed

Price 0.015 EUR

Start: 03/01/2022

Close: 03/07/2022

Information

B3X is the utility token of the neobank Bnext which objective is to support the expansion and growth of the company to achieve the goal of leading the fintech sector in Spanish-speaking countries.

The Bnext utility token is developed following the ASA standard of tokens issued on the Algorand blockchain. By so doing, B3X takes advantage of the functionalities of an efficient network, with fast, low-cost transactions and clean carbon emissions.

During the IEO phase, the company's tokens were valued between €0.015-0.02 and 25% of the total B3X Token supply of 3.5 billion tokens was offered through the Bit2Me Launchpad. At the beginning of November 2021, Bnext offered 10% of B3X to private investors, raising 5 million euros. In 2019, it closed the largest Series A of a fintech in Spain, raising 22.5 million euros and reaching more than 300,000 active accounts. It also raised €3 million in a crowdfunding campaign for its customer community, which broke the previous record by raising €1M in 1 hour.

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Token data

Supply, distribution, and management of tokens

Distribution

    Token information

    • Name: B3X Token
    • Symbol: B3X
    • Blockchain: Algorand (ASA)
    • Max supply: 3,500 M
    You choose

    Purchase options

    Option 1 (Public Sale 1)
    AssetsB3X Token (ALGO)
    Token price0.0150EUR
    Start dateMarch 01, 2022
    Number of Tokens to be issued504,000,000
    Purchase limitMin 1,000EUR - Max 300,000EUR
    Percentage of total issuance14.4%
    Vesting6 meses from the end of the lock-up, the B3X will be released at a rate of 1/6 per mes over 6 meses.
    Option 2 (Public Sale 2)
    AssetsB3X Token (ALGO)
    Token price0.0200EUR
    Start dateMarch 31, 2022
    Number of Tokens to be issued15,099,787.5
    Purchase limitMin 500EUR - Max 200,000EUR
    Percentage of total issuance0.43%
    Vesting6 meses from the end of the lock-up, the B3X will be released at a rate of 1/6 per mes over 6 meses.
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