Bayan Token is a shariah-compliant ERC20 token built on the Ethereum Platform. A token represents the ownership of 16 hours of access benefits of Private Cloud Server. Each Server has 2 Ghz of computing power, 1GB of memory, 5 GB of SSD disk and 10GB bandwidth per month of data transfer.
Proceeds from the BYT ICO will be used to fund several projects that will ensure growth and momentum of BYT. Beyond its utility factor, the Token is also backed by real-life, profitable projects that will not only support the whole ecosystem but also deliver impact for society as a whole – essentially bringing goodness to BYT holders and communities in ways beyond pure financial returns. And more importantly, these projects already exist and are not merely at the ideation stage.
Development of a sophisticated Shariah compliant Artificial Intelligent-Equity Trader for Global Exchanges. Currently, the system is being completed and tested for the US Market and successful results have been obtained.
Expansion of 100 to 1,000 stores of Halal Grocery Mini Marts across Malaysia and South-East Asia region.
Production and commercialisation of the bad cholesterol-reducing Basella Alba leaf extract as a health supplement.
Token Holders may also receive exclusive offers and privileges such as discounts at several stores, free gifts and many more. This in turn will create a sense of loyalty and exclusive ecosystem that will ensure the sustainability of Bayan Token.