Birdchain ICO: Global Decentralized Instant Messaging APP That Pays For Your Bills

3.7/5 - (4 votes)

Birdchain ICO

Birdchain is an instant messaging app that automatically sells unused SMS to businesses. All they have to do is to download the Birdchain app and set the maximum number of messages to send. Almost instantly the app will start sending transactional or promotional SMS automatically in the background of the app.

Birdchain	ICO Status: Finished	31.05.2018
https://www.birdchain.io 3.7/5 - (4 votes)	Concept: Birdchain service will allow regular people to automatically sell their unused SMS messages to businesses. It will reduce the price of A2P SMS service up to 6 times for businesses and it will create an opportunity for people to earn up to 300 euros per month. We are part of a well-established application-to-person (A2P) SMS business with almost 10 years of experience in the market. We belong to the group with the company named Vertex which operates A2P SMS aggregation business as VertexSMS. Birdchain is blockchain-based (r)evolution of services that we currently provide. It tackles two problems at the same time: First, despite the fact that almost all holders of mobile phones have unlimited SMS plans or get large amounts of free SMS every month, almost nobody use SMS messages. Today, people communicate via instant messaging apps, which means that every month billions of free SMS messages are wasted simply because they were not used; Second, businesses pay up to 8 euro cents per single SMS to send promotional or transactional messages to its clients. Although the price of the service is indecently high and corporate middlemen keep rising it every year, the quality of service declines (lower delivery speed, messages are delivered too late and only a fraction of the recipients get the messages). For people, Birdchain will be an instant messaging app that automatically sells unused SMS to businesses. All they have to do is to download the Birdchain app and set the maximum number of messages to send. Almost instantly the app will start sending transactional or promotional SMS automatically in the background of the app. Birdchain will never send messages to contacts of Birdchain app users. Birdchain will only facilitate the A2P SMS distribution service and NOT the contacts of app users, therefore, before using Birdchain service, client businesses need to build and have their own database of contacts. The Birdchain service will be bought for Birdchain cryptocurrency (tokens) and users will get paid in Birdchain cryptocurrency (tokens). Real-life application of Birdchain tokens (BIRD) will ensure an additional adaptation boost, We believe it to be the best way to develop a stable and secure cryptocurrency. As it can be observed in current market, real life adaptation and price stability key attributes most of current cryptocurrencies lack. Low service prices for businesses and monetary motivation for Birdchain app users will help Birdchain to enter the A2P SMS market smoothly. In 2017 value of global A2P market hit $63 billion in revenue and is expected to reach $84 billion in 2024. Whitepaper: Get more information
Venture	Raised Capital: N/A Venture Round: Round 1 Price: $0.007	ICO token Distribution: 100% project development. The information can bee seen in our whitepaper financial section.
Mining	Supply: Total Cap: 9,402,750,000	Usage: Within the Birdchain ecosystem, the Birdchain token (BIRD) will be used internally to buy or sell transactional and promotional SMS. Businesses will be able to purchase BIRD in exchanges or on the official website of Birdchain, and then place bids for SMS campaigns they want to deliver, setting the bid in BIRD token. The advertisers will set a maximum bid that they want to spend on a specific campaign. While our system is calculating the best price/delivery time option for an advertiser, the token will be frozen, and will remain frozen until our system receives confirmation that peers have completed their tasks. When that happens, paid tokens are transferred to the wallets of app users, minus the fair commission fee for Birdchain service. People who will get paid in BIRDs will be able to sell their earnings in exchanges or spend it by making in-app purchases.
Competitors	Our main competitors will be A2P aggregators and in a near future Instant Messaging providers. Overall we will offer for the people and the companies a better product. Bellow is an explenation: Benefits for the People Normally people do not send SMS to their friends, relatives, or acquaintances. They communicate through instant messaging apps, like Facebook Messenger, Viber, WhatsApp. Even though people do not send SMSs, operators include a limitless amount of SMS messages to their mobile plan and people pay for the service they do not even need. Global revenue of A2P SMS market was $56 billion in 2015 and it is estimated to be $63 billion in 2017. All users of Birdchain app are expected to become “players” in this market and receive their share. The more messages will be sent from their phone, the more they will earn from selling their unused SMS messages to the businesses. Birdchain app will work as any other instant messaging app - people will be able to use it to chat with their friends and family. When they want to sell their unused SMS messages via Birdchain, they will enable this feature in the settings. No other IM app offers such incentive. Benefits for Businesses Our idea will (r)evolutionize the market of SMS marketing. Today, when a company wants to reach its customers, it has to pay exorbitant price for distribution of the campaign. Moreover, every year, the prices for SMS messaging are increasing, and service quality is decreasing. Birdchain is purposed to allow businesses to almost instantly distribute their campaigns and enjoy much lower prices. They will contact their customers all around the world and: Get a better price, no matter how big their campaigns are; The price will never exceed 80 percent of an average A2P SMS price in the same country; Get faster delivery; Get transparent pricing; Get a better service; No need to sign contracts. The best part is that companies will be able to choose how much they want to spend on every campaign. For more information about price of Birdchain service, please read next section. Price for Business Birdchain service for businesses will operate as an auction. It is the fairest solution for both: the businesses and the people. Company will have to set maximum amount of Birdchain tokens it want to spend on its campaign - bid. No matter how high/low bid company will set, the campaign will be delivered either way. Higher bid will mean that campaign will be distributed faster, and lower bid - not as fast. When setting up the campaign, Birdchain service will show the expected time of finishing campaign delivery, so our clients could fully plan their campaigns and expenses. This feature will allow avoiding “traffic jams” and ensuring all SMS messages are delivered. It will also guarantees that all companies - even small and not too rich - will be able to exercise very effective SMS marketing. Using Birdchain companies will be able to send two kinds of SMS messages: promotional and transactional: Promotional SMS messages will be delivered as company specified in its order; Transactional SMS messages will be send only when initiated by real-life events. For example, arrival of taxi or receiving money transfer. Thanks to blockchain algorithms, the price of the Birdchain SMS will never exceed 80 percent of an average A2P SMS price in the same country. We believe that it is one of the most important decisions that shows our commitment to the idea of Birdchain. We give up portion of our income to secure competitive pricing and constant flow of new orders to distribute SMS campaigns. Global Basic Income The main goal of Birdchain is to disrupt the A2P SMS market with blockchain technology. Make it better, faster, more transparent and fair-priced. Although, we believe soon it will become obvious that Birdchain is a lot more than just a (r)evolutionary idea. We believe Birdchain will be the first ever (in the history of the world!) non-governmental initiative to create Global Basic Income. Depending on a country and market activity users of Birdchain app could be able to earn 30-300 USD per month. It means that Birdchain could create basic passive income for its users globally. We see this feature as huge marketing opportunity and a chance to stand out in a global market of messaging apps. However, Birdchain does not guarantee any revenue to Birdchain token holder or the user of the Birdchain app.
Initial Coin Offering	ICO Launch: 1st of March 2018 ICO Finish: 31st of May 2018 ICO Tradable on Exchanges since: still not tradable	Platform: Ethereum (ERC20 Token)
Offices/Locations	Lithuania