MarketersMEDIA / Newsroom / Bamboo Announced Private Token Sale Starting in August, and CGCX.io Invested The First $1 Million

Bamboo Announced Private Token Sale Starting in August, and CGCX.io Invested The First $1 Million

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The Bamboo Wellness Ecosystem announced the beginning of their Private Token Sale on August 1, which will last until August 31. CGCX, the world’s first fully insured hybrid crypto platform, was the first investor contributing $1 million.

— Prevention is better than a cure. This is especially true in the case of noncommunicable diseases. Thus, Bamboo decided to launch a sophisticated application that makes the way people take care of their health more reasonable, secure, and affordable by leveraging the power of blockchain, IoT, and AI mechanisms. Starting from ensuring safe food production and consumption, then providing scalable reports and analysis of health-related data, and closing with fraud protection and establishing partnerships with healthcare providers, this cutting-edge Bamboo app solves the most pressing problems of the modern approach to insurance and healthcare within ASEAN.

To pave the new accessible and sustainable way to healthcare and insurance in the ASEAN countries, Bamboo launched an ambitious project under the motto “Insurance for Everyone.” Bamboo announced a private token sale of the exclusive BBO tokens starting on August 1. With the first phase of Bamboo’s Asset-Backed Token Offering with 250,000,000 BBO tokens, the fundraising goal of the ingenious team is $2 million. The first million was already invested by CGCX.io, the platform designed for secure trading of digital currencies.

Bamboo is inviting contributors who are concerned about the current state of ASEAN healthcare system and strive to fill the so-called “health protection gap.” They came up with this specific term to define the most critical issues connected with the uninsured population in all ASEAN countries. Generally, it lies in financial stress occurred due to the unforeseen and out-of-pocket expenditures on medical aid. In their research, Bamboo concluded: “Projected at USD1.8 trillion, Asia’s health protection gap amounts to around 10% of the average annual household income.” What’s more, the World Health Organization states that 55% of all deaths in the South East Asian region are due to NCDs – that is nearly 8 million people every year.

The prominent and humanistic plans are what differentiates this project from the competition on the blockchain fundraising market. Not so many initiators managed to appeal to the soul of investors. Thus, you can see that just ten projects have already raised more than $9 million during token sales for the last two months.

The giant corporations always support the noble intentions of companies engaged in raising funds whose goal is to increase the prosperity of the entirety of humanity. The same CGCX.io supported Bamboo with their $1 million investment. The world’s first fully insured hybrid crypto platform, CGCX.io, could see the Bamboo’s potential and promoted the project on their Twitter page before the official start of token sale by saying: “Bamboo has been set up with a mission of reducing the costs of food, life, health & medical insurance using smart technology, APPs and data analytics which are blockchain-enabled.”

As mentioned, Bamboo follows the concept “insurance for everyone” so anyone interested can make his/her contribution to a better future by purchasing sensational BBO tokens. Currently only the private sale is open,and from the 1st of September a pre-sale will begin, which will be open to the public.

Take care of the most critical health component in your family and all ASEAN nations. Cross Bamboo’s bridge over the abysmal health protection gap in the current insurance system. Learn more about this sensational project and become the owner of exclusive BBO tokens right now: https://tokensale.thebamboo.io/.

About Bamboo
Bamboo is a blockchain-based ecosystem empowered with IoT and AI mechanisms whose aim is to eliminate the health protection gap in the ASEAN healthcare & insurance system. Having emerged on the market in 2005 and known as Archipelago, the company acted as an international insurance intermediary house. Already in 2012, they established an ASEAN footprint. With such an impressive background, six years later, Archipelago launched a blockchain project, Bamboo. Bamboo and the newly assembled team started preparing for a real technological revolution of the ASEAN insurance system. Their annual achievement was obtaining $5 million in cash flow. And in 2019, they attracted 25 reliable partners and 2 million consumers on day one. For six months, Bamboo is holding the grand BBO token sale, which allows people to join the Bamboo Wellness Ecosystem and experience all its benefits.

About CGCX.io
Founded in 2017, Calfin Global Crypto Exchange (CGCX) is the world’s first fully insured crypto platform offering a seamless & secure crypto trading experience. Unlike most exchanges that offer only cryptocurrency trading, CGCX.io caters to the larger blockchain community by providing four services under a single platform. To safeguard the interests of their traders, and as a unique security feature, all tokens stored on their exchange wallets are insured against cyber-attacks and hacking. They had a successful token generation event in 2018, the proceeds of which are mainly used for the enhancement of their platform with further modules and for expansion into other geographies.

Related links
https://tokensale.thebamboo.io

Refer to Kate Alippa, Head of Marketing, kate@bcmguru.io

Contact Info:
Name: Kate Alippa
Email: Send Email
Organization: thebamboo.io
Address: Mont Kiara Jalan Desa Kiara, B-08-06 / 07, Gateway Corporate Suites, Gateway Kiaramas, Kuala Lumpur, Federal Territory of Kuala Lumpur 50480, MY
Website: https://thebamboo.io

Source URL: https://marketersmedia.com/bamboo-announced-private-token-sale-starting-in-august-and-cgcxio-invested-the-first-1-million/88909949

Source: MarketersMedia

Release ID: 88909949

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