BABB token sale: what you need to know

Be ready for 12pm GMT Tuesday 6 February

BABB
Game of Life
Published in
3 min readFeb 2, 2018

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The BABB token sale opens at 12pm GMT on Tuesday 6 February.

Registration is still open and you can register on our site now.

********IMPORTANT. PLEASE BEWARE OF SCAMS AND FRAUD**********

**PLEASE ONLY SEND ETH TO YOUR UNIQUE PARTICIPATION ADDRESS**

You will ONLY see your unique participation address when you log into your account at https://getbabb.com/me. Always check the URL is correct. Please ONLY send ETH to this address (and no tokens). You will see your personal ETH address once the pre-sale goes live.

We will NEVER publish ANY ETH address on our Telegram channel, in emails or any other external communications or social media.

Key information

  • 10 billion BAX tokens for sale at $0.0012
  • First 1 billion tokens sold at 15% discount
  • Hard cap $12 million
  • Minimum transaction limit 0.2 ETH
  • Max individual cap 8 ETH (first 24 hours)
  • Max 3 ETH worth of discounted tokens available per person (not guaranteed; when they’re gone, they’re gone)
  • Caps to be reviewed after 24 hours, if tokens remain
  • ETH contributions only for least the first 48 hours

Be ready for the token sale

The BABB token sale will open on Tuesday 6 February at 12pm GMT.

Here are the steps you need to take in order to be ready.

1. Register

To take part in the token sale, you must register by creating an account on the BABB website. Go to https://getbabb.com to create an account now.

To create your account, we need to verify your email address, so ensure that you click the link in the verification email you receive.

2. Pass KYC

We run KYC checks on everyone who wants to participate in the token sale. To pass KYC, you need to log in to your account at https://getbabb.com/me to enter some information and upload some ID plus a photo of you holding it.

You will get an email confirmation within 24 hours to let you know that you’re identity has been verified. This means you’re ready to participate in the token sale. If you don’t see an email, check your junk/spam folders.

If you get an email saying that we couldn’t verify you, it probably means that the photos were unclear, or that there was something missing. If you get this email, please log in and follow the instructions in the side bar to re-submit.

3. Open a wallet

To buy BAX in the token sale, you need to send ETH to our address from your wallet. You can use any wallet for which you hold the private keys and which allows you to control the Gas.

We recommend https://myetherwallet.com. If you don’t already have a wallet, it takes literally seconds to open one. Make sure you follow all the advice on their website regarding security.

4. Wait for the launch

Once you’ve registered, passed KYC and opened a wallet, you’re ready. You can find full instructions here about what to do on the day. We will make Gas and GWEI recommendations in the next few days.

If you log in to your account on https://getbabb.com/me and see a timer ticking down to the token sale, then you’re ready. When the sale goes live, this is where the unique ETH address, that you should send funds to, will appear.

We recommend you join our Telegram community and follow us on Twitter so that you don’t miss any updates.

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Babb aims to deliver accessible, secure, convenient and cost-effective mobile banking services designed to serve the global microeconomy — https://getbabb.com