Bexam (BEXAM) IEO

Our Analysis

Team: 9.7

Feasibility: 8.9

Product: 9.4

Overall Rating: 9.33

Ended

June 3, 2019 - June 9, 2019

Sale Type: IEO

IEO Exchange: X-Hive

Name: Bexam

Short Description: A blockchain/DAG hybrid platform with unprecedented block times and Proof of Rounds algorithm

Category: Enterprise Blockchain

Ticker: $BEXAM

Website: https://bexam.io/document/

Whitepaper: https://bexam.io/assets/pdf/BexamWhitePaperV5.pdf

Tokens Available: 15%

Hard Cap: $16,000,000

Soft Cap: $2,500,000

Restricted Countries:

  • China
  • Sudan
  • Syria
  • Korea, North
  • Iran
  • Cuba
  • Côte d’Ivoire
  • Macedonia
  • Sudan, South
  • Eritrea
  • Myanmar (Burma)
  • Chad
  • Venezuela
  • Lebanon
  • Albania
  • Belarus
  • Congo, Democratic Republic of the
  • Central African Republic
  • Bosnia and Herzegovina
  • Libya
  • Zimbabwe
  • Afghanistan

KYC/AML Required: yes

Whitelist Required: yes

Accepted Currencies:

  • Other
  • BTC

Notes: Write any notes.....

Round 1

Start Date: 06/03/2019

End Date: 06/09/2019

Supply: $1800000

  • Blockchain/DAG hybrid platform offers unprecedented block times
  • Company licensed Grid Ledger System technology
  • Team has combined finance/trading experience of nearly 100 years

Bexam (BEXAM) is a blockchain/DAG hybrid platform that allows multiple trade applications to occur simultaneously with only 0.2 second latency. Bexam's Grid Ledger System (GLS) technology was licensed from a Japan-based algorithm development company, which was selected out of 2,300 applications for a partnership program. The GLS uses DAG technology to allow for a number of parallel transactions to take place.

Platform offers extensive use cases that benefit from multiple parallel transactions and low latency

Bexam's technology provides P2P trading capabilities for a significant number of applications that benefit from distributed technology. Just some of these applications include:

  • Supply chain
  • Human resources
  • Crowd computing
  • Real estate
  • Used goods
  • Gaming assets
  • Energy
  • Lending

Team has combined finance/trading experience of nearly 100 years 

Bexam has experienced engineers and industry professionals already introducing and marketing the platform's technology to companies.

Rongshan Lim, CEO, has spent the past nine years working at several Fortune 500s in Singapore, specializing in building relationships in Asian markets. Mario Yearwood, CTO, holds a Master's degree in electrical engineering and computer science, and an MBA, from MIT and is a CFA Charterholder who has previously worked with many Fortune 500s. Kanako Into, CFO, has served as VP and director for Deutshe Bank, Shell and Engie.

Token Sale Model and Details

The $BEXAM token is a utility token that can be used as:

  • Master node and super node staking/rewarding
  • Smart money
  • Functional cryptocurrency

The node rewards and operational requirements are:

Master Node

  • Lockup Amount: 500,000 BEXAM
  • Transaction Reward: 80%

Super Node

  • Lockup Amount: 100,000 BEXAM
  • Transaction Reward: 20%

PC Spec Requirements

  • Processor: 1 GHz 1 core
  • Memory: 512 MB RAM
  • Storage: 64GB available space

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