Bankcoin Reserve

Financial Services • Brisbane, Queensland, Australia • 1-10 Employees

Company overview

Headquarters	Brisbane, Queensland, Australia
Website	bankcoinreserve.com
NAICS	52
SIC	6211, 621
Founded	2014
Employees	1-10
Socials

Key Contact at Bankcoin Reserve

Robert Barrows

Co-Founder/CEO, Bankcoin AND AAA Blockchain

About Bankcoin Reserve

The Bankcoin Reserve & its Advisory Services... The Bankcoin Reserve (BCR) does not sell Bankcoin, it was instituted to provide the Bankcoin community with security and a stable price & mechanism (gold oz price) which we have delivered. The Bankcoin Reserve has 10M Bankcoin as a security position should any issues arise throughout the Bankcoin network. The Bankcoin Reserve is a self regulated Reserve and complies with all national and international regulations. Bankcoin Price: Bankcoin Reserve (BCR). Fixing levels are set per Bankcoin. The Bankcoin Reserve sets the price for Bankcoin which is globally considered as the international standard for pricing of Bankcoin. The Bankcoin price is set once a day. At this point the price is announced as the 'Fixed' price for Bankcoin and all business is conducted on the basis of that price. Financial Institutions, Brokers & VC's To be perfectly clear, the official price of Bankcoin is linked directly to the price of 1oz of gold, this is a pricing mechanism. Bankcoin is a primary and therefore does not need to be backed. Those creating financial instruments with Bankcoin may need to be physically backed. Bankcoin has many global advantages which gives it its own intrinsic store of value and we [major stakeholders and the Bankcoin community] are of the same opinion and approved it at this price point. Bankcoin Cap & Supply All 100M Bankcoins were mined in 10 days, 14th May 2014 to 24th May 2014. Therefore 100M Bankcoins are now in the market place, however major stakeholders have advised the BCR they will be using their Bankcoin purely to mint. What this means is there will be a limited number of Bankcoin actually in the market place to acquire, and this will diminish over time as more and more acquire Bankcoin for the specific purpose to mint the transaction fees. Bankcoin is a POS coin meaning it can mint the transaction fees throughout the network. It's stated by the developer as being up to 10% pa.

Bankcoin Reserve revenue & valuation

Annual revenue	$171,110
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Financial Services industry and current estimated revenues	$547,552
Total funding	No funding

Employees by Management Level

Total employees: 1-10

Seniority

Employees

C-Suite

Employees by Department

Bankcoin Reserve has 1 employees across 1 departments.

Departments

Number of employees

Funding Data

Bankcoin Reserve has never raised funding before.