What are Bitminutes?


Bitminutes are the first Pre-Paid Minutes token or Crypto-currency to offer low-cost finanical services to the world's 2 billion un-banked consumers. Bitminutes are a Universal Carrier Currency enabling global Telecom providers, retailers and Trusted Agents to offer FREE Money Transfer and Guaranteed Loans to 6 billion cellphone customers.






BitMinutes Information


BitMinutes turn the corner retailer into the corner banker. BitMinutes permits retailers to recruit other retailers and their customers to become Trusted Agents, leveraging the network marketing strategy that made M-Pesa so successful in Kenya.


BitMinutes were developed by award winning* P2P Cash. They are convertible into cash in 70 countries on the P2P Cash global financial network.




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COUNTRY NETWORK


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BILLION UNBANKED market


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BILLION $$$ IN FEES TO SAVE consumers


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TRILLION $$$ MARKET FOR REMITTANCES + PREPAID AIRTIME

BitMinutes Services


BitMinutes combine and enable the following:

Free Money Transfer    

Guaranteed micro lending

pre-paid airtime

Retailer/TAN Benefits


Significant Increase in Retailer Traffic

Guaranteed Loan and Free Money Transfer Programs Increase Retailer Traffic


New Financial Services Revenue

Corner Retailer becomes Corner Banker

Issue Guaranteed Consumer Loans


Trusted Agent Network (TAN)

Network Marketing Opportunity

Non-Retailers can become TAN Agents

Low-Interest Loans based on TAN Score*


*TAN Agent Must Hold BitMinutes in Escrow to Qualify

BitMinute Advantages


BitMinutes are Better Than Bitcoin for Billions of Unbanked Consumers:

BitMinutes Western Union Bitcoin
User Transfer Fees Zero 10% ~1% Fx Conversion
Direct Bank Deposit Yes Yes No
Retail Locations* 26 M 0.5M No
Pre-Paid Top Ups Yes No No
Inherent Value Yes No No
AML & KYC Yes Yes No

*Potential MasterCard Locations


get bitminutes now!


a world class team


BitMinutes has been able to put together a first class team worldwide. Click on the image to get more
information about the Team Member and get to know us:

Advisors



BitMinutes ICO Summary





Token BitMinutes
Symbol BTM
Technology Smart Token over Ethereum
Date November 15, 2017
Tokens Authorized 10 Billion
ICO Tokens Available 3 Billion
Escrowed Tokens
Future Loans 5 Billion
Prepaid Minutes 2 Billion
Price $.01 USD
Benefits Free Money Transfer and Guaranteed Loans for 4 Billion Consumers in 70 Countries



FAQs


Here are the Frequently Asked Questions:


WHAT IS BITMINUTES' PRIMARY GOAL? WHAT IS THE BENEFIT TO THE CONSUMER?
Two (2) Billion consumers are ignored by the global banking community due to banks’ inability to cost-effectively offer financial services for small, sub-$100 accounts. BitMinutes offers Guaranteed Loans as small as $5 using prepaid minutes as collateral for the loan. This turns the corner retailer into the corner banker, leveraging global distribution networks of millions of retailers.
WHY ARE BITMINUTES BETTER THAN BITCOIN FOR BILLIONS?
BitMinutes (BTM) have a number of significant advantages over Bitcoin.
Identification: BitMinutes usage includes identification, while Bitcoin does not. All BTM users are KYC identified according to global Anti-Money Laundering standards.
Tracking: BitMinutes usage is tracked from the minute it is issued to a specific person to whomever it is sent to and however it is used. This includes whether it is consumed by conversion into prepaid minutes, conversion into cash or used as micro-loan collateral.
Global Standards: BitMinutes are based on global banking standards (ISO 20022). This makes BTM easily transferable between existing global clearing networks (SWIFT, MasterCard) and emerging blockchains (Ripple, Ethereum).
Customization: BitMinutes can be white labeled encouraging third party issuance by large global networks such as the telecom carriers with over 6 billion clients.
Guaranteed Liquidity in 70 Country Currencies: We will be releasing an affiliated and commission free secure online exchange to facilitate the worldwide trading of BTM.
Currency Stability: BitMinutes has established a Treasury function to keep currency volatility to a minimum.
HOW CAN A CONSUMER USE BITMINUTES?
With BitMinutes, retailers have several ways to make money. They can sell BitMinutes just like regular prepaid minutes. Or they can lend BitMinutes. This is where it gets interesting. Because BitMinutes are an asset-backed token, they can be used as collateral for microloans. All we require from the consumer is to buy BitMinutes which are used as the loan collateral. We will lend $5 to anyone with a valid ID. We believe this will drive significant traffic to the retailers and give them an ongoing revenue stream from participating in the interest paid on the loans.
MILLIONS OF RETAILERS CAN SELL BITMINUTES. WHAT'S IN IT FOR THEM?
With BitMinutes, retailers have several ways to make money. They can sell BitMinutes just like regular prepaid minutes. Or they can lend BitMinutes. This is where it gets interesting. Because BitMinutes are an asset-backed token, they can be used as collateral for microloans. All we require from the consumer is to buy BitMinutes which are used as the loan collateral. We will lend $5 to anyone with a valid ID. We believe this will drive significant traffic to the retailers and give them an ongoing revenue stream from participating in the interest paid on the loans.
Retailers can also recruit other retailers as their sub-agents to broaden their BitMinutes network. This multilevel marketing approach is what made M-Pesa in Kenya so successful.
RETAILERS ALREADY SELL PREPAID MINUTES FOR MULTIPLE CARRIERS. WOULDN'T THE CARRIERS VIEW BITMINUTES AS A COMPETING PRODUCT?
Carriers know they need to differentiate their services and are seeking ways to offer financial services to their customers. Carriers prepaid minute offerings are already, in essence, crypto-currencies. What they lack is: 1) Convertibility into cash. 2) The ability to be used as collateral for lending. BitMinutes solve both these problems. Consequently, we are currently in negotiations with several multi-national carriers to either distribute BitMinutes or white label BitMinutes as their own brand.
IF BITMINUTES ARE SIMPLY PRE-PAID MINUTES, HOW DO THEY CONVERT TO CASH?
Consumers can convert their BitMinutes into cash and deposit into their bank account anytime IN 70 countries, either online or with our Mobile App. Un-banked clients can withdraw cash from any participating Trusted Agent Network (TAN) retailer.
YOU'VE MENTIONED TAN, HOW DOES THE TRUSTED AGENT NETWORK (TAN) USE BITMINUTES AND HOW DOES ONE JOIN?
TAN, the Trusted Agent Network, turns the corner retailer into the corner bank. TAN is co-branded with retail networks. TAN Agents use BitMinutes to guarantee consumer micro-loans. Plus, any retailer or individual can become a TAN agent. TAN agents can recruit other TAN Agents to create their own network marketing organization. This creates entrepreneurial financial service jobs wherever a cellphone has signal -- from local neighborhoods in megacities, to remote communities around the world.
HOW DO YOU CONTROL FOR FRAUD?
Our lending platform uses artificial intelligence to create a Trusted Agent Network (TAN) credit score based upon the consumers’ social media “footprint” and phone usage data. Since we create a secure identity when they open their account, they would not be able to open up a new account with any other TAN Agent until they paid back the original loan.
THE DEVELOPMENT TEAM SPENT YEARS CREATING THE BITMINUTES ECOSYSTEM. HOW DOES THAT ECOSYSTEM BENEFIT THE CONSUMER?
BitMinutes travel over the global P2P Cash settlement network linking over 2 billion bank and mobile accounts in over 70 countries. We work with a global telecom aggregator to deliver prepaid minutes to 4 billion mobile phones. BitMinutes leverages the work done by P2P Cash using ISO 20022 as an interoperability standard between SWIFT, MasterCard, and two major blockchain networks, Ripple and Ethereum.
WHAT OTHER CRYPTO-CURRENCY DO YOU RECOGNIZE AS YOUR "COMPETITION"?
Everex is the closest we have seen who wants to address the same un-banked market. Our key advantages over them are multiple:
Operational Today: The global P2P Cash network has been operational for over 3 years. BitMinutes were built over a year ago and have been in operation as part of that under-lying global network.

Global Standards: BitMinutes are designed on global ISO banking Standards and therefore will not be easily replaced by “new” technology
Global Financial Contracts: BitMinutes have international distribution partner contracts spanning 70 countries. The contracts alone took years to develop and implement as every country treats money transfer and lending with different laws and regulations.
Virtual MasterCard: We have a global MasterCard issuer ready to issue virtual MasterCard accounts. This will allow Mom in Mexico to purchase internationally from any Internet café using her BitMinutes.
WHAT IS THE INTRINSIC VALUE OF BITMINUTES?
Based upon our calculations of the TOTAL ADDRESSABLE MARKET (TAM) of our target markets of global money transfer, prepaid minutes and micro-lending markets, we believe BitMinutes could be worth approximately $2,500.
HOW CAN I BUY BITMINUTES?
You can buy BTM using Bitcoin, Ether or USD/EUR by bank check.
HOW CAN I GET CASH FROM BITMINUTES?
BitMinutes can always be exchanged for Bitcoin and Ether, which can then be converted to cash at any crypto-currency exchange. Additionally, P2P Cash will offer BTM cash out service via its global distribution network in 2018.



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