Bravo Payment Platform Upgrading To Blockchain ICO

thecryptotea (34)in #crypto • 6 years ago

One of the main concerns over investing in ICOs is the lack of complete products. Too many projects are looking to raise funds over millions of dollars with just a website and a concept. Bravo is an existing app with thousands of users that is looking to upgrade their infrastructure to the blockchain. Bravo's goal is to improve the way private micropayments are made, simplifying the process so adoption will be easier for consumers and businesses.

With the Bravo app, funds can be accessed through a simple PIN access code and there is no need for public or private keys. Sending payment is as simple as searching for a username and funds can even be sent through the in-app messenger. Bravo will feature a hybrid blockchain so users have the option to send funds publicly or with Incognito payments. Users can easily convert their public BVO tokens into private BVO-P if they're looking to transact anonymously. Privacy and security are the top priorities for the Bravo app, as well as its user friendly interface.

The Bravo team was founded in 2014 by TechCrunch Disrupt Battlefiel Alumni, Maria Luna, and Dr. Hector Rodriguez. Their minimum viable product was built and launched at TechCrunch Disrupt San Francisco in September 2015 and won the Audience Choice Award.

Bravo's beta version was featured on the hit entrepreneur show Shark Tank in November 2017 where the team were able to successfully land a deal. Since then, the Bravo app has been featured on several news outlets, while it's user base has seen growth as well.

Why Blockchain?

Bravo is looking to improve the way micropayments like tipping and paying for goods are done by offering increased security and privacy, faster speeds, and reducing costs. To help expand their global reach while providing a better solution, Bravo will be upgrading their existing platform into a blockchain infrastructure. The Bravo ecosystem will consist of an interaction between BVO and fiat on the same app while completing transactions on the Bravo blockchain.

The BVO coin is the official network currency and will be integrated into the Bravo app wallet. BVO is a utility token that is decentralized in control and will complete high demand transactions faster and at a fraction of the cost. The BVO token can easily be converted into BVO-P for private transactions sent over the Bravo network. BRAVO (BVO) will establish itself globally for commercial use through the Bravo app that already has a user base in the thousands. What drives the BVO token and ultimately the liquidity, is BRAVO’s and BVO real use case.

ICO Information

The Bravo tokens on sale during the ICO are ERC20 tokens, BVO-ERC. After the ICO there will be a token swap where BVO-ERC tokens will be exchanged for BVO tokens, and then burned. There will be a total supply of 1 billion BVO tokens. The BVO token will be priced at $0.10 for the public ICO sale.