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Bolt ico review & rating

Bolt

BOLT- The World's First Open Entertainment Economy, Powered by Zilliqa
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Review & Analysis ❯ Website⇱ Whitepaper ❯
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What is the value proposition of BOLT?

Existing access to entertainment has too many middlemen.
Excessive mark-ups lead to higher costs for end-users & lacklustre incentives for content partners.

 

An opportunity to decentralise:
Currently, 30-40% of revenue that goes through telco providers are lost as an entrance fee for BOLT to bill customers through a telco payment gateway. Furthermore, telcos require a minimum price point of USD 0.10 to process payments, which exposes a market gap where users are not able to access BOLT due to insufficient mobile credit balance.

 

Business/Liquidity efficiency:
Partners get compensated instantly by tokens they accumulate through user transactions within the BOLT ecosystem, instead of awaiting for 120-day payment terms from payment gateways.

 

Increase utility value of BOLT Tokens vs fiat micro-transactions:
BOLT would further encourage users to use BOLT by applying discounts for users who use the BOLT Token to purchase services, instead of using fiat payments.

 

Increasing Adoption:

BOLT is in the process of working with Community leaders and advocates to act as a distribution channel for BOLT Tokens to the great community to allow for adoption of the BOLT service. Community leaders and advocates will also initiate activities involving the BOLT Community to drive awareness and engagement.

 

Bundling BOLT Tokens with telco data bundles:
To increase BOLT user base amongst the masses (i.e. anyone purchasing a data plan), BOLT would also be working on bundling deals with telcos, to encourage Bolt Token usage across the service.

 

The BOLT token

Total supply: 1 000 000 000 tokens

Token symbol: BOLT

Token allocation

  • 40% (400,000,000 BOLT Tokens) will be allocated to the Token Generation Event;
  • 15% (150,000,000 BOLT Tokens) will be distributed to BOLT Research. BOLT Research as a separate entity will lead future research and development of BOLT. It will also spearhead the marketing and community engagement and support for BOLT’s future development. The vesting period is going to be 3 years with 33.33% vesting every year on a quarterly basis.
  • 20% (200,000,000 BOLT Tokens) Strategic & Content Partners;
  • 20% (200,000,000 BOLT Tokens) The BOLT team is responsible for the initial vision, design, implementation and rollout of BOLT. The vesting period is going to be 3 years with 33.33% vesting every year on a quarterly basis.
  • 5% (50,000,000 BOLT Tokens) allocated as rewards for BOLT Community Contributors

Bolt ICO Roadmap

BOLT Network

PHASE 1.0

Globally scalable system for fast, secure access to entertainment. Powered by Zilliqa. Tokens also provide additional utility by giving discounts when used, compared to fiat gateways. 20% of BOLT profits is burnt (in tokens) per year, similar to a Binance model for the BNB token.

BOLT Network

PHASE 2.0

BOLT tokens are bundled with data plans with telcos for mainstream adoption

BOLT Education

PHASE 3.0

Digital education for the world-at-large in collaboration with Oxademy

BOLT Global

PHASE 3.0

Thriving network of telcos and content partners around the world, including emerging markets like Bangladesh, Kenya, Malaysia, with more users added as the network scales with additional partners

Bolt team members and advisors

These have not been verified
Bolt ICO Jamal Hassim
Jamal Hassim
Founder & CEO
Bolt ICO Christel Quek
Christel Quek
Co-Founder, Chief Commercial Officer
Bolt ICO Julian Jackson
Julian Jackson
Chief Content Officer
Bolt ICO Lynn Morales
Lynn Morales
Head of Digital Operations
Bolt ICO Erfi Azhar
Erfi Azhar
Head of User Experience
Bolt ICO Ivan Liew
Ivan Liew
Head of Corporate Affairs
Bolt ICO Jean Poireau
Jean Poireau
Head of Partnerships
Bolt ICO Graham Duncan
Graham Duncan
Head of Finance
Bolt ICO Willis Wee
Willis Wee
Advisor
Bolt ICO Daniel Liebau
Daniel Liebau
Advisor
Bolt ICO Trevor Healy
Trevor Healy
Advisor
Bolt ICO Mark Strecker
Mark Strecker
Advisor
Bolt ICO Jack Yeu
Jack Yeu
Advisor
Bolt ICO Ivan Poon
Ivan Poon
Advisor
Bolt ICO +3 others
+3 others
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