SUBAJ GLOBAL NETWORK OVERVIEW
SUBAJ is a decentralized platform specially designed to provide a unique opportunity for all traders and buyers to enter into a mutually beneficial and secure transaction. This is an innovative trading platform, where developers can do everything to make it functional worldwide. The revolutionary approach to buying is one that the SUBAJ decentralized platform developer offers.
In the SUBAJ platform, there will be a trade with various companies, both sellers, merchants, and service providers. They can meet and benefit each other. And they can create their crypto token and offer it to customers as a gift on the blockbuster platform.
This platform will be beneficial for various entrepreneurs, commercial organizations, companies and service providers who can offer SBJ tokens or their business token as a reward for customer loyalty. The use of such remuneration mechanisms will also help entrepreneurs to increase their daily sales. Your custom tokens will be traversed in the global SUBAJ network. Each cryptocurrency is linked and supported by the SBJ token, which creates an extensive system of interconnected coins on the SUBAJ blockbuster platform. This means that customers can receive a crypto token from one vendor and use it to buy goods or services from others, or vice versa.
Large companies will be able to release their internal currency by using SUBAJ project capabilities. This will create a strong customer base. Just imagine that now a subscription to a fitness club can be purchased for the cryptocurrency. Users will appreciate long-term membership at this club will be able to receive good bonuses to work in SUBAJ’s decentralized platform. Also, SUBAJ developers will spend the funds received from ICO projects promising them to charity – their priorities are low-income children.
This SUBAJ platform will act as a universal way to block rewards for different types of online and offline communities. It will form a network of giants on the Internet and offline modes ranging from hotels, sports clubs, shopping malls, event management agents, taxi services, cosmetics brands, movie franchises, chain stores, airlines, and more.
SBN is the first multi-commercial platform with its infrastructure explicitly designed to enable organizations, entrepreneurs, retailers, and companies to generate exclusive cryptocurrencies for mass consumer audiences easily. Coupons for discounts will be “flagged,” as well as loyalty and reward points, and will be distributed among customers on the SUBAJ platform using geographic mapping technology.
The main feature of the SUBAJ (SBP) platform is that exclusive business tokens can be freely sold for SBJ tokens, commonly used cryptos such as Bitcoin or Ethereum. Customers can use the SBJ token on every exchange in the world and exchange it for paper money. The ability to convert rewards and reward points into real money can be a breakthrough among unreliable, narrow, and old loyalty systems. This will also allow consumers to use different reward points.
SBP is a decentralized platform based on block-based technology that can simultaneously be used by different types of companies, vendors, entrepreneurs and service providers and creates their crypto tokens. Then they can offer this token to customers who use their services or buy their products as a reward for their loyalty in the global SUBAJ network. The SUBAJ platform will allow any company to create its crypto currency within its system. Each cryptocurrency is a partner of the SUBJJ token (SBJ) and reinforced by it, building an interconnected network.
SBJ is the new cryptocurrency to be released in Ethereum. Each entrepreneur will be able to publish his / her commercial token, redeeming it with another entrepreneur token through SUBAJ exchange platform (SXP) using SBJ token.
Companies and employers will be able to send tokens for selected presets that take into account geolocation, demographic data, and cost types. Companies can also generate five different kinds of tokens.
1 SBJ = 0.05 USD
According to the plan, some tokens – 5 billion SBJ – will be created for a successful operation within the SUBAJ global network (SGN). Based on total token volumes, the distribution is as follows:
- 15% – SUBAJ Foundation
- 10% – to consultants and partners
- 13% – for buyers and entrepreneurs
- 12% – sales through SUBAJ applications
- 50% of open token sales
Soft Cap is set at $ 5 million. This is the minimum amount required for the SUBAJ project. If the specified amount were successfully collected during the token sale, the project team would continue to move to Hard Cap.
Hard Cap is set at $ 70 million. This is the purpose of fundraising, and token sales will cease when this equivalent amount is reached. And if Hard Cap is not reached, unsold tokens will be redistributed as follows:
50% of unsold tokens will be distributed evenly between the original and primary sales participants through the SUBAJ application. This encourages participation in SUBAJ systems. The app itself is planned to be launched in early 2019, which blocks 50% of unsold tokens before this date. The remaining 50% of tokens will be transferred back to SUBAJ AG to attract customers and entrepreneurs to the platform and encourage them. This will open up a new direction to further strengthen the SBJ token if the first sale is not completed.