BioFactory Coin – BFC ICO Healthy Milk & Cryptocurrency Payments?

BioFactoryCoin (BFC) is a milk production factory which accepts cryptocurrency payments. BFC factory has a line of ecological milk production, from organic milk and high-protein yogurt to vegan ice-creams.

BFC's operations are situated in the European Union and aims to implement their project of fostering healthy life through marrying innovations in milk production with blockchain technology. BioFactory Coin aims to become the first milk factory funded by an ICO.

BioFactor Coin Investment

Holders of BFC tokens will be able to make their payments using any cryptocurrency and will receive a share of the enterprise's dividends annually, upto 20% of the revenue. Token holders will also be periodically informed about the enterprise's plans for future products. There is also a discount program with upto 50% discount for token holders purchasing BioFactory Coin milk products.

Tokens are available for a discount of 40% in the Pre-sale and 30% in the first round of ICO. There are 5 rounds of ICO between November and February, with discount percentage reducing from 30% in the first round to 0% discount in the fifth round.

BioFactoryCoin Team

  • Nerijus Latvinskas – CEO/Co-founder
  • Vitalijus Glyskovas – General Project Manager
  • Edgaras Zujevas – Technical Project Manager
  • Sonata Verbauskienė – Social Media Manager

ICO Details

  1. Platform – Ethereum(ERC20)
  2. Start date – November 27, 2017
  3. End date – February 11, 2018
  4. Hard cap – 22,440,000 BFC
  5. Price per token – 0.02 ETH
  6. BFC tokens will be delivered on Mark 12, 2018.

BioFactoryCoin Conclusion

Being able to obtain fortified milk products using a native token is alright. There is not sufficient transparency about the project and it is somewhat inadequately explained. The ICO website and whitepaper are also rather poorly written. It's quite the ordeal trying to make sense of most of the content. That's not to dismiss the project but just as you're required to dress appropriate for an occasion, presentation of a project goes a long way. A poor first impression can hamper even the most sincere project. – ICO Rating – 1/5

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