March 23rd, 2020
Joint Press Release Bestkoin / Brazil Fididelidade
The market entry of the Bestkoin Token has as main objective its use and not merely speculation, as the overwhelming majority of other cryptoassets in the market.
The Bestkoin Token as announced in the last release, has already handled the entire process to be quoted on Exchange. The whole process is already done just waiting for the beginning of its use by Brasil Fidelidade and its customers ensuring stability and growth. From there on it will be quoted.
On the part of Brasil Fidelidade, the process took longer than expected, due to the festive and vacation periods in Brazil and the strong legal and administrative component involved in the utilization process / acquiring the Bestkoin token, which led to a delay in its acquisition and implementation.
In total there are over 40 major projects involved.
In the week of March 2nd, the final tests were finalized (to ensure that there would be no problems the tests were performed in Ethereum and Bestkoin - which has programming base in Ethereum) and has already been introduced to programming on the main server.
In the week of March 9th, the introduction to the systems from projects that will start to use the Bestkoin token and its respective application (as shown below) was completed, being ready to start its use.
In recent weeks, the coronavirus pandemic outbreak affecting people from all continents has forced many of Brasil Fidelidade's affiliated companies to review their activities and to keep their operations in accordance with the market’s demand.
We consider that health and safety are everybody’s priority and we support the decisions of governments, affiliated companies and market customers.
Thus, the beginning of the Bestkoin token utilization is delayed for undefined time (dependent on the pandemic issue), waiting for market activities to begin to resume, where we will put into production the new payment transaction platforms associated with BestKoin.
However, together with all business partners and affiliated companies, we continued working to prepare for future activities.
In addition to our existing operations, we are also working on the expansion business in various local, national and international sectors. Adding strategic functionalities to make the recovery of affiliate company business activities even stronger.
Because the demand for certain products and services remains high, we estimate that some industries will restart faster than others. We estimate that the sectors and the first affiliated companies that will start are:
Retail, food and general commerce sector: Tipay, Velho Barreiro, Zima
Healthcare, insurance and related services sector: Bank4Life, Observatório da Longevidade, Pacam, Totem do Brasil
Specialized services sector: Clube do Alice, Elite Pay, Total Player, Unedestinos
and other companies in diversified sectors.
Team Bestkoin / Brasil Fidelidade
January 13th, 2020
BestKoin is pleased to announce to its investors and the market in general that our team has done intensive work over the last few months, mainly based on 3 pillars and with the following results:
1) Acceptance of the currency by truly global strategic trading partners who will accept BestKoin as an official means of payment in day-to-day transactions of goods and services traded by each of these partners worldwide.
2) In the recent achieved effort, licenses were obteined from the regulator in an EU country (Estonia) for the subsequent launch of the BestKoin Group Exchange (BestKoinBase). We are currently license holders for blockchain, secure wallets and fiat-crypto-fiat exchange.
3) Entering into an agreement with a duly licensed (UK/UAE) partner Exchange to list and allow BestKoin online transactions in the open market as soon as possible (see timeline).
In this regard, our team is extremely pleased with the ambitious and unprecedented success, in particular with point 1), as it will enable our cryptocurrency to be truly unique in the global market.
To our investors a special word of appreciation for believing in us and this truly disruptive and innovative project, as it will soon demonstrate to the market that it is possible to have a regulated, sustainable, stable, secure and credible cryptocurrency based on its use in the real world.
The BestKoin Team
October 3rd, 2019
The Board of BIT (Best Innovation Technology) as advised will open its Exchange (Bestkoinbase). This Exchange will be based in Estonia and to continue the process of rigor and credibility that has always marked this project, we have requested Blockchain, Wallets and Exchange licenses.
The opening forecast for October 1 was based on the expectation of having the licenses by this date. We may announce that we have received the Blockchain and Wallets Licenses today and are awaiting the Exchange License so that we can put the latest information on Bestkoinbase and start trading. We look forward to starting this month and are waiting for the last license to start. p>
July 5th, 2019
The Board of Best Innovation Technology (BIT), the entity that owns the technology and assets of BestKoin, received the Exchange information yesterday (Xchange Umbrella), has not yet online due to the worldwide collapse that occurred in Cloudfare and that at any moment could be expectedly online.
As we mentioned in our last statement, these two entities have no ties other than the commercial one and as long as it is in the interest of both parties.
The Xchange Umbrella as timely transmitted, has celebrated a commercial agreement with BIT, like many other entities, and for several reasons that could be attributed directly and / or indirectly to them, proposed us to be the first commercial / exchange partner to negotiate BestKoin (the proposal which was presented to us was of great strategic interest for the use of Bestkoin within the tourism sector, helping to carry out our main goal/task) but, unfortunately, failed to fulfill its commitment to the market within the schedule time.
In this way, we reiterate and emphasize again that there is no relationship of any kind between Exchange Xchange Umbrella and BestKoin other than the aforementioned commercial agreement. This trading agreement will be without effect / suspended from today and will only be reactivated (after analysis and agreement of BIT) verifying that the system of the referred Exchange is already active and 100% operational.
In this sense, and in view of these constraints, BestKoin decided to concentrate all its commercial efforts exclusively on the opening of the exchange of BestKoin group, BestKoinBase, with opening scheduled for October 1st 2019, as well as the possible conclusion of other agreements with other exchanges in the market that have already approached BestKoin for this purpose.
Already in the second fortnight of July our loyalty platform will be presented, only possible due to a structural partnership with VGS (www.vgs.com) with wide advantages for our customers and partner establishments. Examples: festivals, physical stores or online, travel agency, among others.
The BestKoin Team b> p>
June 15th, 2019
The Board of BIT (Best Innovation Technology) - entity that owns the technology and assets of BestKoin - hereby announces that the delay in entering into Exchange is due to last minute integrations that the chosen entity (Umbrella Xchange) felt needed to improve their technical performance.
BestKoin chose this Exchange, due to a business agreement that benefited the interests of the company and our customers, by the strong commitment that this Exchange proposed to commit to BestKoin as well as to develop it, based on its use.
The information that has been passed to us today by the Umbrella Xchange's management is that 100% opening must occur by the maximum date of June 30, 2019.
The two entities have no ties other than the commercial and for as long as it is in the interest of both parties.
Although we continue to believe in the chosen Exchange, we have already begun the process to open our own Exchange within the European Community space. The scheduled date will be October 1, 2019.
We have also closed large partnerships (www.vgs.com and www.startpay.com.br) that have allowed us to have the unique tools in the market to start using BestKoin, with wide advantages for our customers and establishments. Examples: Physical or On-line stores, travel agencies, Festivals, Theme Parks, among many others.
We believe that by July 15th we will be present in several entities worldwide.
The BestKoin Team b> p>
May 1st, 2019
BestKoin ICO is now complete, achieving fantastic results, reaching all the proposed objectives, namely the realization of strategic partnerships with Groups and Companies of international reputation, not only in the area of Tourism as well as in many others, which will bring us access to millions of future users.
Thank you for trusting! p>