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NnBU

Welcome to a Healthy Future.

Backed by blockchain technology, NnBU’s world first, unique and revolutionary healthcare device will support C-section new-borns by giving a highly specialised massage of the torso, replicating various processes experienced during labour. A child born through caesarean may not experience the same stimulants of natural births and, in some cases, the breathing and hormonal processes may not be immediately initiated leading to problems in later life. Through a token pre-sale scheduled to run from Monday March 19 2018 to Sunday March 25 2018 and a main sale scheduled to run from Monday March 26 2018 to Wednesday April 25 2018, NnBU will issue passive income tokens which, in aggregate and assuming the target contribution is attained, 12.5% of the annual revenue will be distributed to token holders.

2.4
2 1 expert rating
Benchy 2.6
Experts
2.0
2.0
1.0
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Ended
Token
NNBU
Price in preICO
1 NNBU = 0.20 EUR
Price in ICO
1 NNBU = 0.32 EUR
Country
Whitelist/KYC
KYC & Whitelist
ICO start
26th Mar 2018
ICO end
25th Apr 2018
Report

About NnBU

The purpose of this Initial Coin Offering (“ICO”) is for the company NNBU HOLDINGS (derived from Neo-natal Birth Unit) to raise sufficient funds to i) complete the design of its medical device, ii) ensure that the Company can prepare an assembly plant for the device once the design is completed, certified and readied for manufacture, and iii) be able to introduce the device to the market. The device aims to replicate for a baby born by Caesarean-section some of the physical stresses undergone by a baby delivered naturally. The Company aims to raise the equivalent of €15,000,000 (Fifteen Million Euros), the Target Contribution, and will issue “passive income” tokens (a token which entitles the holder to receive payments without having to take any further action other than those naturally linked to collecting payments) which, in aggregate and assuming the target contribution is attained, would receive each year a figure equal to 12.5% of the Company’s sales. Based on the Company’s financial projections, this level of pay-out would give contributors an internal rate of return of 36.9%. The Token section of this White Paper (Section E) explains this in greater detail. It should be noted that investor pay-outs would only commence after the development period of the device has finished, this period being estimated at a maximum of 2 years. The commitment to pay a percentage of sales to Token holders will be included in a Smart Contract in the usual way, but in addition, contributors in this ICO will also become party to a conventional legal contract enforceable in a court of law.

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