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Milestones BCB ATM

Crypto ATMs in the UK

Building on the success of our Crypto ATMs in the UK, BCB ATM are building an ecosystem offering token holders a variety of utilities such as discounts and rewards when using our own Ascend Blockchain, BCB Wallet and exchange services via BCB Arbitrage.

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Ended
Token
BCB
Type
Price in ICO
0.5000 USD
Country
UK
Whitelist/KYC
KYC
preICO start
29th Oct 2018
preICO end
30th Nov 2018
ICO start
1st Dec 2018
ICO end
31st Jul 2019
Visit ICO website
Report

Milestones

1
Q3 2015

Realising the UK Bitcoin ATM margins
are extremely high we aim to
start a network with lower fees;
BCB ATM is born, business plan
drafted, and we begin to look for
investors.

2
Q4 2015

With no investment insight, we
incorporate BCB ATM LTD and use
personal funds to buy the first Bitcoin
ATM;
We set our fees to 4%, an average
of 3% lower than other operators;
The first BCB ATM is installed in
Enfield London 18th November 2015.
The same Borough as the world’s
first cash machine. Installed by
Barclays bank in 1967 by inventor
John Shepherd-Barron.

3
Q1 2016

Using profits and personal credit
cards we ordered 2 more Bitcoin
ATM’s.

4
Q2 2016

2 new Bitcoin ATMs installed
in London.

5
Q2 2016

2 new Bitcoin ATMs installed
in London.

6
Q2 2016

2 new Bitcoin ATMs installed
in London.

7
Q2 2016

Third Bitcoin ATM goes live
in London.

8
Q4 2016

We order 5 more Bitcoin ATMs as
popularity grows. Transactions increase
by 1778%;
We begin to look for ways to reduce fees
across our network.

9
Q1 2017

We install 5 new locations;
We begin to float ideas for a TGE
to improve the safest of the Bitcoin
economic system.

10
Q2 2017

We install our first 2 way Bitcoin
ATM and don’t look back;
We add new ideas for an APP
towards the TGE plan, money
transfer using ‘Lightning Network’

11
Q3 2017

We now have 16 Bitcoin ATMs and
become the UK’s fastest growing
Bitcoin ATM operator;
BCB Ascend is added to the TGE,
with treasurer

12
Q4 2017

Bitcoin becomes the hottest topic
in the media. Requests for Bitcoin
ATM’s go through the roof;
We now have the largest majority
share of UK Bitcoin ATM market;
BCB rewards for using the ATM is
added to TGE with Buy back & burn
projection.

13
Q1 2018

Number of active BCB ATMs jump up
by 50% across the UK.

14
Q2 2018

Named “KING OF BITCOIN ATMS IN
THE UK” by bitcoinist.com;
Launch Token Generation Event to
the public.

15
Q2 2019

Install first 205 BCB ATM’s across
England, Northern Ireland, Scotland
and Wales.
Begin E-Money Licence Process
– Pre-application
– Apply (the process to obtain
Authorisation with Restriction (AWR)
– Mobilisation to obtain Lifting
Restriction (LR)
– After LR.

16
Q3 2019

Install second batch +129 across
Europe (Locations will be voted by
those holding the Most BCB Tokens)
from shortlist of 5 countries
Continue E-Money Licence Process
– Submit developed regulatory
business plan, along with recovery
and resolution plan;
– Fully developed financial resource
documents (ICAAP and ILAP);
An outline of the proposed
governance/structure/board/senior
management regime, including a
high-level structure with the ‘key
guiding minds’ in place; senior
management roles critical to
mobilisation identified and ready for
recruitment;
Develop a high-level outline of IT
systems; a document outlining how
the bank will fund itself including
capital adequacy

17
Q4 2019

Third batch +150 to be distributed.

18
Q1 2020

Forth batch +259 to be distributed.
Making a total of 743 BCB ATMs.

19
Q2 2020

New BCB ATM Underway – Concept
evaluation;
Fifth batch +300 to be distributed.
Making a total of 1,043 BCB ATMs.

20
Q3 2020

Build and rigorous testing of New
BCB ATM Prototype;
Sixth batch +300 to be distributed.
Making a total of 1,343 BCB ATMs.

21
Q4 2020

Manufacturing for new BCB ATMs;
Seventh batch +400 to be
distributed.

22
Q1 2021

Use unlocked team bonus to
increase international staff; boosting
speed of installation across Europe;
Distribution of new BCB ATMs to
begin;
Eighths batch +400 to be
distributed. Making a total of 2,143
BCB ATMs.

23
Q2 2021

Introduce business Plan and Market
Introduction Plan for new BCB ATMs;
Ninth batch +400 to be distributed.
Making a total of 2,543 BCB ATMs.

24
Q3 2021

Tenth batch +400 to be distributed.
Making a total of 2,943 BCB ATMs.

25
Q4 2021

Eleventh batch +400 to be
distributed.

26
Q1 2022

Twelfth batch +400 to be
distributed. Making a total of 3,343
BCB ATMs.

27
Q2 2022

Thirteenth batch +400 to be
distributed. Making a total of 3,743
BCB ATMs.

28
Q3 2022

Fourteenth batch +400 to be
distributed. Making a total of 4,143
BCB ATMs.

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ICO KYC Report
2 members invited
Landry Ntahe
Passed
Ryan Andallo
Passed
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