MVP is absent. Working prototype according to WP data is planned to be presented in June 2018.
18.01.2018 - 18.02.2018
Role of token:
Birdchain token is NOT AN ASSET NOR A SECURITY. It is a utility token. Birdchain tokens do not represent or confer any ownership right or stake, share, security, or equivalent rights, or any right to receive dividends, other payments, intellectual property rights or any other form of participation in or relating to the project described in this white paper and/or in Birdchain or any of its affiliates. The holders of Birdchain token are only entitled to use the A2P SMS distribution service as described in this document if successfully developed, or to resell the tokens.
1 ETH - 42 000 BIRDS. The token sale will be implemented in 10 waves, (wave 1-10), for 357,000,000 tokens in each period.
Wave 1 - bonus 50%
Wave 2 - bonus 45%
Wave 3 - bonus 40%
Wave 4 - bonus 35%
Wave 5 - bonus 30%
Sum of tokens:
9 402 750 000 единиц
25 800 000
Accepted currencies ICO:
Token distribution date
There are no data available
According to the Statista.com and Zion market research reports, the global A2P market (SMS between the subscriber and application, automated system, platform) will grow from CAGR 4.4% to 2025 and reach 62.10 billion US dollars in 2025 . In 2017, the A2P SMS market for various sources is estimated at $ 50-60 billion. The A2P SMS market is strongly consolidated, with more than 90% of the mailings coming from such large players as Syniverse Technologies, LLC, AMD Telecom SA, Fortytwo Telecom AB, Silverstreet BV, CLX Communications AB, Ogangi Corporation, Tanla Solutions Ltd., Symsoft AB, Cybercomm, Infobip Ltd, Route Mobile Limited, Angkor Data Communication Group Co., Ltd., tyntec, nexmo, DIMOCO.
Birdchain is a decentralized platform based on Ethereum, which includes a messaging application - Birdchain. When customers want to sell their unused SMS messages via Birdchain, they should enable this feature in the settings. No additional interaction between the user and the application is required. The application will send information and promotional SMS messages in the background automatically. Thus users will receive tokens Birdchain for each SMS-message sent from phone. A working prototype is planned to be presented in June 2018.
The project team was formed in JSC "Vertex" (A2P SMS aggregator VertexSMS), the team members have many years of experience in the market of A2P SMS. The team consists of 20 people, with the majority of participants continuing to work in Vertex and is engaged in the project Birdchain in parallel.
The Birdchain business model is based on the use of a platform token and the interest of all three parties involved - buyers of SMS mailings, platform users who want to earn money from unused SMS and mobile operators who do not have strong resistance in implementing the baseline scenario of the project. The model is based on the assumption that the cost of 1 sms for Birdchain will be 0.005 euro (not confirmed by unit-economy calculation) Users of the Birdchain application will receive 80 percent of each SMS sold. 20 percent will be the commission fee for the platform. At the same time, the need to use blockchain layers in the platform is not justified by the impact on operational and economic benefits.
The company plans to issue 9.4 billion utility tokens. Hard cap for Birdchain ICO is 86,000 ether or $ 25.8 million at the rate as of 05/11/2017; Soft cap - 9 500 ether or $ 2.85 million. The company also points out that for the onset of an operational payback, 50,000 mobile application installations are required that will allow Birdchain to sell at least 200 SMS per day. At the same time, the company does not disclose the projected financial indicators and details of the financial model. Noteworthy is the fact that it is planned to distribute 27% of tokens as bonuses to the team and the founders of the project.