Bpay Logo

BoundlessPay (BPAY)

Past
Total Raise: $1,640,000
Date: 29 Jan 2023 - 27 Jun 2024

BoundlessPay (BPAY) is a global digital banking app that provides affordable, fast, and easy-to-use payment services for cross-border collections, payments, and settlements. The app utilizes blockchain and Web3 technology to solve remittance and payment problems, enabling anyone to send, receive, exchange and swap currencies easily. The platform operates on USD-pegged stable coins like USDT and USDC as an alternative way to store and spend money locally and globally.

From its funding rounds, Boundless Pay expects to raise $1.64M. The project’s investors include Emurgo Africa, Tekedia Capital, Aleph seed, Meer energy, and others.

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BoundlessPay Overview

Ticker: BPAY
Country: Nigeria
Industry: CeFi
Founded: 2016
Whitelist: Yes
Blockchain Network: Base
KYC: Yes
Bounty: Yes
MVP: Yes
Type: IDO
Security Audit: Yes

BoundlessPay Review

In the ever-evolving landscape of finance technologies, especially in Africa, traditional systems have often fallen short in addressing the diverse and dynamic needs of individuals and businesses. A variety of challenges and limitations have persisted, leaving vast populations underserved and hindering the full realization of financial potential.

Here are the main difficulties presented on such FinTech markets:

  • Accessibility Barriers;
  • High Transaction Costs;
  • Complexity and Fragmentation;
  • Security Concerns;
  • Limited Investment Options.

BoundlessPay is designed to address the challenges and limitations of cross-border payments by providing a fast, affordable, and transparent platform for global payments and remittances. 

🗝️ The key solutions offered by BoundlessPay include:

  • For Businesses - Payroll, Payment Links, Barcodes, APIs and SDKs, Business Dashboards, mPOS Devices;
  • For Individuals - Cross-Border Payments, Virtual Dollar Cards, Crypto Trading, Savings and Staking, Off-Ramping and On-Ramping, Utility Bill Payments, Virtual Accounts;
  • Gamification and Rewards.

🤑 The $BPAY token is a utility token created by BoundlessPay to offer several advantages to its users. The token will primarily be built on Base Chain and bridged into other networks such as CARDANO, SPL, ERC20, BSC, and Ethereum L2 networks in the future.

The total supply of the token will be 1 Billion BPAY, with an initial circulating supply of 41m. The token will provide access to exclusive services, discounts, and benefits within the BoundlessPay ecosystem.

 

✅ BoundlessPay’s (BPAY) pros:

  • One of the best tokenomics on the market;
  • Low FDV ($8M);
  • Low Initial Market Cap / FDV rate (3.45%);
  • Has several public Smart Contract Audits;
  • Specific region (Africa);
  • The project has a wide network of partners;
  • Above-the-average Search Engine Optimization;
  • Not bad PR performance;
  • Team participates in AMA sessions.

📛 BoundlessPay’s (BPAY) cons:

  • The project has only Tier 3 / Tier 4 backers;
  • Below-the-average SMM coverage;
  • Weak Marketing Infrastructure;
  • Poor Growth Marketing performance;
  • Influencer Marketing is absent.

BoundlessPay Token Economy

Total Raise: $1,640,000
Total Supply: 1,000,000,000
Private/Pre-sale: 170,000,000 (17%)
Public Sale: 80,000,000 (8%)
Fully Diluted Valuation (FDV): $8,000,000
Initial Circulation Supply: $276,000 (3.45% of FDV)

BoundlessPay Token Sale (ICO & IDO) Rounds

Seed: Jan 2023 Past

Price: $0.004
Tokens for sale: 20,000,000
Raise: $80,000
Lock-Up: 0% at TGE, 2 months cliff, 12 months linear vesting
Seed: Jan 2023 Past

Price: $0.005
Tokens for sale: 3,000,000
Raise: $150,000
Lock-Up: 5% at TGE, 2 months cliff, 12 months linear vesting
Influencers: Jun 2024 Past

Price: $0.007
Tokens for sale: 50,000,000
Raise: $350,000
Lock-Up: 20% at TGE, 6 months linear vesting
IDO: Jun 2024 Past

Price: $0.008
Tokens for sale: 25,000,000
Raise: $200,000
Lock-Up: 20% unlock at TGE, 1 month сliff, 6 months linear monthly ...
Launchpad: Spores Logo Spores Network
IDO: Jun 2024 Past

Price: $0.006
Tokens for sale: 16,666,667
Raise: $100,000
Lock-Up: 10 % unlock at TGE, then 9% every 30 days after cliff
Launchpad: CryptoHub logo Crypto Hub
IDO: Jun 2024 Past

Price: $0.008
Tokens for sale: 12,500,000
Raise: $100,000
Lock-Up: 20% unlock at TGE, 1 month сliff, 6 months linear monthly ...
Launchpad: KDG Logo KingdomStarter
IDO: Jun 2024 Past

Price: $0.021122
Tokens for sale: 37,500,000
Raise: $79,207
Lock-Up: Cliff 24 hours
Launchpad: Fjord Foundry logo Fjord Foundry

BoundlessPay Token Release Schedule

BPay Token vesting chart

BoundlessPay Funds and Backers
(3/4)

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BoundlessPay Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  17 Jun 2024 Upgrade

BoundlessPay Team

Franklin Peters
Franklin Peters
Founder, CEO
Paula Tavangar
Paula Tavangar
Co-Founder
Artem Gordadze
Artem Gordadze
Advisor
Tom Slikboer
Tom Slikboer
Advisor

BoundlessPay News

BoundlessPay Roadmap

Q2 2024

Launches:

  • Launch Web3 Payroll Management System (Web & Desktop app);
  • Massive global marketing campaign;
  • IDO/CEX Listing.
Q3-Q4 2024

Launches:

  • P2P Marketplace launch;
  • Physical cards launch;
  • Expansion to the Middle East.

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