All development activities have already been started, as B.A.I. Technologies SA has more than 100 people (scientists and IT developers) used to develop and deliver highly complex software solutions to very demanding customers. Over time all existing algorithms and solutions of B.A.I. Technologies SA will be “turned” into a Hypersmart Contract version, so that established businesses, blockchain developers, crypto entrepreneurs, scientists worldwide and many other potential buyers will be able to use advanced mathematical logic for their own projects and value chains. The community of the Token Buyers will be kept informed on a regular basis about the advancement of this project. They are also more than welcome to visit us to understand how we can work together and help them with their own ventures.

83,333,333 Tokens are kept in reserve for the management team, developers and employees.

Feel free to contact us via email, telegram, facebook, twitter, linkedIn or medium.

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A smart contract is a decentralized application that facilitates financial exchanges for services. Smart contracts are also known as self-executing contracts. You can read more about smart contracts here

A distributed ledger (DLT) is a record of information, or database, that is shared across a network. It may be an open, publicly accessible database or access may be restricted to a specified group of users. From a technical perspective it can be used, for example, to record transactions across different locations. The technology that makes this possible is often referred to as “blockchain”. The name comes from the fact that some DLT solutions store all individual transactions in groups, or blocks, which are attached to each other in chronological order to create a long chain. This long chain is put together using a mathematical formula – complex cryptography – which ensures the security and integrity of the data. This chain then forms a register of transactions that its users consider to be the official record.

Ethereum uses a complex data structure called a Merkle Patricia Tree to store a tree of program states, allowing for quick modification and verification of the various states required to execute an ICO. Instead of only containing a transaction ledger, the Ethereum blockchain’s multiple program states allow for the execution of smart contracts that automatically calculate the amount of funds collected, verify and confirm transactions, and distribute new tokens upon the completion of the crowdsale.

The ERC20 token standard is a set of requirements that govern how new cryptographic tokens can be launched on top of the Ethereum blockchain. Similar to how the HTTP protocol defines the internet, ERC20 is a protocol that defines a set of commands describing how a token should be implemented. The ERC20 is not a technology, software, or piece of code; instead it is a technical specification. If a token implements such specification, it is an ERC20 token. For a more detailed explanation please have a look here.

Supply and Demand have a major role in determining the future price of the Token.

No, all of the Tokens are pre-mined.

The Token does not have the legal qualification of a security, since it does not give any rights to dividends or interests. The sale of the Token is final and non-refundable. The Tokens are not shares and do not give any right to participate to the general meeting of B.A.I. Technologies SA and/or of companies belonging to the GROUP. The Tokens cannot have a performance or a value outside the Platform. The Token shall therefore not be used or purchased for speculative or investment purposes. The purchaser of the Token must be aware that national securities laws, which ensure that investors are sold investments that include all the proper disclosures and are subject to regulatory scrutiny for the investors' protection, are not applicable. Anyone purchasing the Token expressly acknowledges and represents that she/he has carefully reviewed the Whitepaper available here and fully understands the risks, costs and benefits associated with the purchase of the Token.

The purchaser of the Token undertakes that she/he understands and has significant experience in cryptocurrencies, blockchain technologies and services, and that she/he fully understands the risks associated with crowdsales as well as the mechanisms related to the use of cryptocurrencies (incl. storage). B.A.I. Technologies SA shall not be responsible for any loss of Tokens or situations making it impossible to access the Tokens, which may result from any actions or omissions of the user or any person undertaking to acquire the Tokens, as well as in case of hacker attacks.

KPMG, Switzerland is the legal advisor for the Token Sale and were responsible for the incorporation of B.A.I. Technologies SA legal entity.
At B.A.I. Technologies SA we have an established tradition of transparency and accountability standards towards all stakeholders and this includes regular reporting, audited financial statements, ISO certification and the likes.
B.A.I. Technologies SA is clearly committed to the same standards towards its stakeholders, firstly towards the buyers of our Tokens (the “Contributors”). Contributors shall be kept informed about the use of proceeds from the Token sale and on the stages of development of the planned activities of B.A.I. Technologies SA through formal Business Reports at the end of each fiscal year.