BitBounce, a blockchain spam and email-access solutions provider, is launching a second token sale after raising over 31,000 ETH in 2017. The Credo presale will begin on May 8, 2019 while the main sale will begin on June 19.
“This sale will provide the resources for us to continue to build BitBounce, BitBounce Ads, CredoEx, the Credo Blockchain, as well as develop our intellectual property, grow the team, and more,” says Stewart Dennis, co-founder and CEO. “We are raising growth capital in a second round of an incremental series of token sales. It gives participants a number of opportunities to acquire a stake in a gradually de-risked and increasingly valuable project.”
Interested parties can fill this form for whitelist registration.
Email Paywall and Crypto Revenue
The 2017 initial coin offering (ICO) raised $11.3 million, and received support from Silicon Valley venture capitalists such as Tim Draper.
“The May-June 2019 token sale enables users to gain a stake in our project’s success, and gives them actual rewards for early adoption,” says Dennis. “It also aligns incentives: What’s good for the token is also good for users.”
BitBounce’s virtual domain has scaled to 4.5 million users, many of whom earn Credo cryptocurrency when receiving emails. The email paywall service eliminates spam and results in cleaner inboxes. The approach compensates recipients for engaging emails from unknown senders.
A Budding BitBounce Ecosystem
Spam costs the global economy $20 billion per year and accounts for 70% of all email. Existing regulatory and technological solutions have thus far failed to eliminate negative consequences of unsolicited emails.
In April, the firm’s email paywall patent was approved by United States Patent and Trademark Office (USPTO). The patent gives the holder exclusive rights to develop a market for email attention, and to help users earn from paid emails ads.
BitBounce Ads allows enterprises to send paid marketing emails to the firm’s user base. Therefore, it gives advertisers a major new ad platform. The Credo Blockchain will host transactions for ads and other transactions. Moreover, dApps and token projects could be developed on Credo Blockchain and benefit from integrated exchange and advertising services.
Credo is traded on multiple exchanges including the firm’s own: CredoEx. It can be used to purchase:
– Communication access to an email paywall user
– Advertising services
– 22 other cryptocurrencies
In the next few months, Credo can pay for transaction fees and security deposits for mining on Credo Blockchain.
Support From Silicon Valley
CEO Stewart Dennis is a computer science graduate of Stanford University whose domain expertise includes blockchain, advertising, email, distributed system, crypto-economic and exchange technologies. He founded BitBounce in 2014 in San Mateo, California.
Early investors include Silicon Valley venture capitalists Tim Draper, as well as, Reid Dennis, founder of Institutional Venture Partners (IVP).
Official links
Website: bitbounce.com
Investor Whitelist: https://docs.google.com/forms/d/e/1FAIpQLSeGZREJyby_p5jH-k3G-bCeQ9tJUQce00RTjoQZ2bWQ4KBkbw/viewform
Whitepaper: bitbounce.com/whitepaper
Twitter: twitter.com/bitbounceio
Facebook: facebook.com/bitbounce
LinkedIn: linkedin.com/company/bitbounce_io