BALI COIN

Posted by BITCOINTALKED

image sources https://balicoin.io/

BALI - Coin is a cryptocurrency created to be used as a mean of fee inside the tourism industry, as an example for inn bookings, price ticket reservations, automobile leases and other tourism facilities. BALI coin is an open supply cryptocurrency, using advanced Ethereum blockchain era.

With BALI Coin your money might be stored in your non-public pockets, strictly personal and certainly personal. In doing the transaction, cash from the sending account will be transfered without delay to the recipient, not through any intermediaries.

Bali Coin is based on Ethereum ERC20 platform coin, which has the capability to become the most important clever agreement system in the international for journey and tourism market. Team BALI Coin optimistically innovate this capacity through the enabled BALI coin eco device.

The journey and tourism industry is a number of the global’s biggest industries. In 2016, it had a international economic contribution (triggered, direct, and oblique) of more than $7.6 trillion. The direct economic impact of this industry, inclusive of in entertainment, points of interest, accommodation, and transportation, become about $2.Three trillion.

The travel industry is the second one-quickest growing quarter the world over. The industry is big. According to analyze from the World Travel & Tourism Council (WTTC), this region employs extra human beings than mining, automobile manufacturing, and monetary offerings sectors combined globally.

According to preferred perception of the World Tourism Organization (UNWTO), inside the destiny, tourism continues to develop on a international scale. The number of global visitors is forecasted to attain 1.Eight billion by way of 2030.

The development of records era has modified the way people engage, including in tourism statistics sharing, mainly the effect of social networking and internet applications, and the an increasing number of popular mobile telephones.

Experiences from international locations which has skilled improvement in tourism enterprise show that after internet users are growing, advertising using on-line price tools is a way that can not be unnoticed by way of the tourism industry.

Our first assignment plan for excursion and travel destination is on Bali, Indonesia, because a number of our team participants had reviews and network in Bali.

Below is the quantity of visitor from around the sector from 2015 to August 2017 in Bali.

image sources https://balicoin.io/


BALI Coin Features & Ecosystem

Secure: BALI Coin Payment is subsidized up with the aid of Ethereum Blockchain whose protection, reliability and fast transactions are already tested.

Lowest Fees: BALI Coin Payment will offer extensively decrease fee than another fundamental on-line fee device.

User Friendly : All transaction with BALI coin can be effortlessly accomplished by the use of BALI coin pockets utility on any smart phones.

Reservations: BALI Coin can be use to reserve flight tickets, inns, vehicle leases or different lodging with special cut price.

Online transportation : BALI Coin will offer solutions for on line transportation, inclusive of UBER, Go-Jek, GRAB and others nearby transportation offerings.Merchant Discount : BALI coin person can get unique bargain from many traders that accepting BALI coin charge.

BALI Coin Value


Everything is made simpler for the vacationer or maybe agencies related to tourism region. One of the hassle is foreign money conversion predicament. By offering cryptocurrency, BALI Coin will ensure that travelers can keep away from the currency conversion charges. Another advantage is that traveller does no longer should carry plenty of coins as a way to be needless, that is extremely handy for tourists who're traveling in overseas countries. BALI Coin also makes travel easier via helping tourists to keep away from bank expenses associated with withdrawing money from an ATM or maybe using credit cards in overseas nations platform. More call for for BALI Coin ecosystem will raise the fee of the coin itself.


BALI Coin Development


In the subsequent project plan, BALI Coin will build custom cell application and internet site with the involvement of tour corporations and web sites around the arena.

BALI Coin turns into the primary source of currency used in destiny journey and tourism industries. We all want to avoid the ever-rising price of visiting. In order to make our traveling extra convenient, BALI Coin is devoted to make your excursion and traveling clean and hassle loose.

Areas of Integration & Ecosystem


From the ICO proceeds, BALI coin will make investments appreciably in Ecosystem, give up person compatibility and liquidity. We have recognized some strategic companions to take part in BALI Coin’s environment via technical integration points managed thru BALI Coin Network. The dot-com generation has seen some of startups develop into massive on-line journey groups, disrupting traditional tour retailers and creating more convenience and flexibility for person.


image sources https://balicoin.io/


How It Work

User can use BALI Coin pockets utility to pay for Flight, Accommodation, Transportation, Goods & Service and Deposit BALI Coin e-Money Card.

User can purchase BALI Coin balance directly from crypto currency exchanger or our Internal Exchanger

And for Merchant that get hold of BALI Coin can sell their stability without delay to exchanger and get hold of Bitcoin/Ethereum or FIAT foreign money

Every transaction are processed thru Ethereum blockchain network.

image sources https://balicoin.io/




Roadmap

IDEA & RESEARCH ( 2015 )


Research on Tourism Industry & Online Payment which incorporates flight tickets, inn booking, lodging and other tourism facilities.

Development of TravelKita.Identity internet site & Android app and partnership with www.Tiket.Com as Payment gateway and booking agent.

MOBILE APP DEVELOPMENT ( 2016 )


Building vicinity based deal merchant for android and submission to Play Store.
Partnership with traders (lodge, restaurant, cafe, salon, convenient save, fitness center, spa, and plenty of more).
User can browse masses of traders around their region to get the pleasant deals.

CRYPTOCURRENCY (Q1 2017)


Research on Crypto Currency & Blockchain for alternateive payment machine. Investment & buying and selling on Cryptocurrency, based totally On Bitcoin, Ethereum and different platform on Exchanger ( Poloniex,Tidex , Kraken, hitbtc , nova trade and other). Building app the usage of Blockchain API from blockchain.Info and etherscan.Io

BALI COIN DEVELOPMENT ( Q2 – Q3 2017)


Building Ethereum Smart Contract, net improvement of www.Balicoin.Io.

Create Social Media Channel. Promotion and deal with new merchants to create tour packages.
Gathering the initial crew and early traders Social Media & Google Advertising.

ICO SCHEDULE 1 ( Q4 2017 )


Preparation for pre-ICO of Bali Coin and launching of pre-ICO (online & offline) Nov 15h – Nov 30th 2017

ICO Bali Coin from Dec 1st – Dec 30th 2017 and Blockchain audit for 1 month (Jan 1st – Jan 30th 2018 )

ICO SCHEDULE 2 ( Q1 2018 )


Coin switch to Investor ERC20 pockets (January 2018). Listing on primary exchanger such as Poloniex, Kraken, Livecoin, HitBTC, Tidex and Others on February 2018. Submit to Coin Market Cap. Integration of Bali Coin as payment on Travel Kita website & app Integration of Bali Coin as price on Info Sekitar, Location Based Deal Merchant.

Partnership with predominant on-line booking web page tiket.Com, traveloka.Com, agoda.Com , booking.Com and plenty of greater. Partnership with banks for card price the use of e-cash.

ECO SYSTEM DEVELOPMENT ( Q2 2018 )


  • Development of Mobile App Wallet for user and merchant
  • Development of internal exchanger
  • Future improvement of Bali Coin
  • Legal system




THE ICO


BALI Coin will start the ICO (Initial Coin Offering) on December 1st, 2017. We will start with the pre-sale of BALI Coin for initial investor on November 15th, 2017, pre-sale target is 2.000.000 BALI , that's identical to two.000 ETH.


image sources https://balicoin.io/



BALI Coin Supply


 Total supply               :  70.000.000 BALI
 Blockchain                :  Ethereum
 Algorithm                  :  Proof Of Work (POW) Ethash
Abbreviation              :  BALI
Decimal                      :  18
Coin  Type                  : Utility Coin
Pre-ICO                      :   2.000.000 BALI
Bonus Pre-ICO           :   1.000.000 BALI
Public ICO                  :  33.000.000 BALI

The wide variety of issued cash is limited to 70.000.000 BALI coins three Million BALI Coins are reserved for preliminary adopters in pre-ICO and Bonuses (2.000.000 BALI For Pre ICO, and Bonus Allocation 1.000.000 BALI ) 33 Million BALI Coins might be available for crowd-sale ICO.

1 Million BALI Coins can be available for bounty rewards program 26 Million BALI Coins will continue to be in BALI NETWORK Foundation till the official exchange is launched, the cash will be used to form a solid marketplace and for similarly development. 7 Million BALI Coins might be distributed among team contributors.

  • BALI Coin ICO isn't Available for USA & Hong Kong Resident
  •  Coin distributed amongst team participants are vested for six Month after ICO Finished


 
Post ICO & Budget Allocation


After ICO is completed, we are able to conduct inner audit and coaching to ship cash to intial investor and ICO contributors.

Budget allocation:


  • For System Development & IT             :       35%
  • For Marketing & Operations                 :      20%
  • Business Development & Partnership   :     15%
  • Reserved for BALI Coin Foundation    :       30%



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Authorship:

Bitcointalk nickname : Dervish doff
eth address                  : 0x84D98d6D6775e7c5c52Ed3FBb81ad2133d596bdF