DODO and Be One: Integration Announcement
DODO is pleased to announce integration with Be One (beone.financial), a challenger bank set to disrupt the traditional banking and crypto industries with a unique offering and services.
Be One is a registered and regulated Challenger Bank with a global correspondent banking network that allows individuals and corporate customers to bank freely without barriers, delivering on the fundamental belief in a fair and open financial system for all.
Be One offers both fiat and crypto in one account, bridging both worlds in one solution, and provides the crypto community with fiat services comparable to traditional banks.
A Be One account empowers you to bank in your currency of choice, whether fiat or crypto, anytime and anywhere. Be One offers USD, GBP, EUR, and CAD, as well as BTC, ETH, USDT, and USDC in one account, with more currencies being added regularly.
DODO Integration on Be One
DODO is excited to work with Be One on becoming one of the first cryptocurrencies to be integrated within the Be One banking ecosystem. DODO token holders will be able to deposit DODO into their Be One account and use DODO in several ways, including as a direct payment method. This includes P2P payments and payments at merchants within the network.
DODO will also be among the first cryptocurrencies to be added as collateral for Be One’s upcoming crypto-to-fiat loan offering. More details will be released in due course from Be One in regards to all platform features and benefits.
Be One Crowdpooling
Be One will be hosting their public sale via a DODO Crowdpooling sale. Dr. Cédric Jeannot, Be One Board Chairman, stated:
“Be One has decided to forgo the traditional fundraising route and offer our tokens directly to the public. There are no VCs, no private investors, just an opportunity for us to give the public the chance to get BEONE tokens in a fair and equitable manner and at a fair price; DODO Crowdpooling offers that, it’s a perfect match.”
Be One Crowdpool Details
Be One will host a DODO Crowdpool as follows:
- Token Name: BEONE
- Crowdpooling Type: Fixed-Price Crowdpooling
- Token Contract Address: TBA (Be One will release tokenomics info soon)
- Network: ETH
- Total Number of Tokens in the Crowdpool: 10,000,000 BEONE tokens*
- Total Number of Tokens for Participants: 5,000,000 BEONE tokens*
- Token Price: $0.50 USDC
- Sale Date: May 19, 2021 — Time TBA
- Crowdpool Address: TBA
- Sale Duration: 48 Hours
*5,000,000 BEONE tokens will be offered at a fixed price of $0.50 per token on a first-come-first-serve (FCFS) basis during the 48-hour sale period. As per the DODO Crowdpooling framework, if the sale is oversubscribed, users will receive their token allocation pro-rata and a refund will be issued for any excess USDC. At the end of the Crowdpooling event, a liquidity protection period of 30 days will be enabled where the funds raised + additional 5,000,000 BEONE tokens (and any unsold) will start the liquidity pool off, guaranteeing traders and buyers a liquid market at the start.
vDODO Holders: BEONE Token Rewards
vDODO holders who hold a balance of 10 vDODO or more will be entitled to receive a special BEONE token reward. 100,000 BEONE tokens will be rewarded to eligible vDODO holders, once a snapshot is taken at a defined time. The BEONE tokens will be distributed evenly to all eligible vDODO holders. More information on this will be provided.
About Be One
Be One is a registered and regulated challenger bank, with a global correspondent network so that individuals and corporate customers can bank freely. Be One is the first of its kind: the vision of a CeFi + DeFi bank is now real. Be One is not a crypto bank, it is a challenger bank focused on the crypto community. Be One offers both fiat and crypto in one account, bridging both worlds in one solution, and servicing the crypto community with fiat services comparable to traditional banks.
Read more about BeOne here: https://beone.medium.com/be-one-the-challenger-bank-for-the-global-crypto-community-8290d635cf52