Balehu Bucks (BUX) ICO

updated 01 January 2018

Restoring & rewarding local commerce

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Status: ended
Public sale: 01 Feb`18-31 Mar`18
Cap: No info
Goal: No info
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Balehu Bucks

About Balehu Bucks

The Balehu Community is innovating the way stakeholders engage in everyday interactions with each other. With BalehuBiz and BalehuBot, merchants attract and retain consumers with simple online marketing tools, made possible with actionable intelligence, while consumers find interesting business engagements and deals real-time. Through our initial coin offering, Balehu will be introducing a revolutionary blockchain based Loyalty Rewards Program. With the goal of ‘gamifying’ Loyalty Rewards, BalehuBucks will be awarded to users for each transaction and participation through the BalehuBucks Reward Engine.

Using Blockchain technology, Balehu can restore and reward local commerce. With the introduction of the ethereum-based token, BalehuBucks and the BalehuBucks Reward Engine, tokens are issued to participating users that are transferable within the Balehu Community.  Merchants and consumers can earn, collect and retain rewards based on their participation in The Balehu Community.

Balehu is creating an ecosystem that maintains unity between a local seller and buyer; it connects local merchants and patrons through simple and affordable technology. By integrating intelligent technology, Balehu is marrying the merchant to the consumer through easy discovery. By eliminating multiple, confusing online solutions, local merchants can reach patrons through a straightforward marketing application. With BalehuBiz, consumers can discover these overlooked local businesses through a single, transparent concierge mobile app, BalehuBot. As these Balehus become united, a digital cryptocurrency and rewards system, BalehuBucks, is needed to maintain that relationship by sustaining monetary transactions, reducing on-boarding friction, and  preserving loyalty.

Balehu is introducing an open source cryptographic token, named BalehuBucks, which is a cryptocurrency that is earned and can be used to make purchases at participating merchants. The initial offering of BalehuBucks will be made available during the Pre-ICO and at ICO. However, most BalehuBucks are reserved for participation within the Balehu Community and will be issued by BalehuBucks Reward Engine. In the future BalehuBucks will be made available for purchase on various exchanges. Purchasing and participation information is provided on the website. BalehuBucks is of fixed supply, however, only a small portion of BalehuBucks supply will become liquid soon, as described in detail below. BalehuBucks will be distributed through Balehubucks Reward Engine only to active users of the Balehu Community. Like other cryptocurrencies, units of BalehuBucks are mutually interchangeable and transferable. BalehuBucks can be traded externally on cryptocurrency exchanges, and can be transferred among fellow Balehu Community Members.