Decentralized VentureCapital Project
“Iron Bank Reserve” is a community driven project on “Binance Smart Chain” functioning as a decentralized bank and venture capital. Traditional banking function is collecting deposits by promising low interest rates from the public and use those deposits to lend with higher interest rates. The purpose of lending is to develop different sectors (agriculture, technology, industries, trade and commerce).
Token Launched
Sep 28, 2022
GET TO KNOW
Main FactsAbout Our Token AndBusiness Model
FUNCTION
IBR will be having features similar to traditional banks/VCs but functioning in a different way than traditional banks and VCs. 1) Pre-seed 2) Seedfund 3) Early stage funding
VISION
IBR mission is to help startup projects with potential to grow exponentially and vision is to become a global venture capital company with the help of blockchain technology.
EXPANSION
IBR will setup a firm registered under government laws in a blockchain welcomed country (Dubai, Turkey etc). Once the firm is setup, IBR will start accepting applications and business proposals with detailed project reports. After verification of project reports, a list of approved projects will be made and submitted to community voting for VC funding selection. Once a project is selected, IBR will be making a contract/partnership deed and start funding for operations.
BUSINESS
IBR will collect marketing/development taxes (8%) pooled (BNB) into M/D wallet and use those funds to perform above stated functions after the conversion of BNBs to required fiat currency. All projects applying for VC funds will need to submit a detailed project report and these applications with project reports will undergo thorough scrutiny by personalities with financial/economic educational background.
MARKETING
Marketing is necessary for a new project in any sector. IBR plans to prioritize YouTube marketing, because, new investors or researchers need to understand IBR project and we believe visual explanation is much more effective than other mediums. Prioritizing YouTube doesn’t mean IBR will ignore other platforms, we will do marketing in almost all social media, news outlets, blogs and if necessary, marketing agencies will be hired.
Token Distribution
Taxes
Roadmap
Heart, Soul & Vision
IBR is solely dependent on community support and intends to be fully transparent with every decision. Every step we take is a step towards freedom from centralized banks, institutions and venture capital companies. Each projects we select and launch will support IBR community financially, as long as community support is received. “IRONBANK RESERVE” will stay open to suggestions from community and hope to create an ecosystem of businesses.