Welcome to BOLT’s Weekly Update
This week has been a hectic one, with news and updates from our partners all over the world, including Korea, Bangladesh, and Kenya!
Korea: Our first tranche of tokens have been released on Cobak as part of BOLT’s Initial Exchange Offering (IEO) in Korea. An interview with Christel was also aired on national TV in Korea.
Bangladesh: We are excited to announce a transformational partnership with BKASH, a mobile phone money transfer and micro-financing service in Bangladesh, which counts the Bill and Melinda Gates Foundation as an investor.
Kenya: We organised an AMA in conjunction with BitcoinKE, where the BOLT Founders addressed questions from our community in Africa.
As part of our sneak peeks from the BOLT Team, we introduce yet another team member — our head of UX and Design, Erfi Azhar.
Happy Reading!
⚡️BOLT Initial Exchange Offering — Korea
BOLT’s first tranche of tokens were released for sale on Cobak as part of our Initial Exchange Offering (IEO) in South Korea.
The team has been working very hard behind the scenes on progressing the sale across all of our offices!
We’re pleased to announce that 65% of our tokens were sold out in 5 minutes, with all of our tokens taken up in 6 hours.
⚡️BOLT x BKASH
BOLT is entering the Bangladesh market with BKASH, a mobile phone money transfer and micro-financing service. The partnership and integration with BKASH continues BOLT’s global user base expansion by giving access to more than 24M Bangladeshi users.
By Subscribing to BOLT’s wallet and Token via BKASH’s secure, fast and cheap payments system, users will gain access BOLT’s Exclusive Content and High Velocity sports events such as Premier League Football and ICC World Cup 2019 Cricket.
BKASH facilitates 4.5 million daily transactions and is currently used by 22% of Bangladeshi adults. Furthermore BKASH is used by 30,000 merchants in areas where, access to formal banking services is difficult.
BOLT have just finalised the integration and the team is excited to kick off the service via BKASH in Q1 2019.
⚡️BOLT debuts on MTN TV Korea
Last Thursday, our Co-Founder and CCO Christel Quek shared her vision for BOLT.Global on MTN’s Blockchain Insight program.
⚡️Profile: Meet Erfi
Erfi’s work as a Product and UX Designer centers around telling better stories through immersive, well-designed experiences in the realm of design, technology and business.
He is responsible for product strategy and design, and overall design operations at BOLT.
Recently, Erfi led the Singapore, Malaysia and London team through a brand workshop and has just finished refreshing the BOLT website!
⚡️BOLT Global X BitcoinKE AMA
BOLT's Founder & CEO, Jamal Hassim, and BOLT's Co-Founder and Chief Commercial Officer, Christel Quek answer some questions from the African community. David Gitonga, the Strategy and Content lead at BitcoinKE hosted the session.We have recorded the session and you can watch it here.
⚡️Feature: Can Facebook’s “Give People the Power” Mission be Accomplished Through the Blockchain?
“Decentralizing a social network: Where are we now?
Is it possible to apply decentralization to a social network? Many platforms aim to take the place of Facebook or Instagram or YouTube as they try to propose something that lacks in centralized networks: security and the possibility to earn rewards and get payments for uploaded content.
Among the active projects, we can pick out the following ones:
- BOLT. A decentralized content-creation platform, built using an existing mobile content platform. What is unique, is its orientation towards the regions with low bandwith, emerging markets, constraint by technical difficulties but still eager to consume new content. Besides their original content, everyone can contribute to the network becoming a content creator being rewarded with BOLT tokens. At the same time, users are incentivized to pay for streaming services with the same tokens, thus maintaining a healthy economy inside the BOLT ecosystem. Currently, they’ve partnered with Discovery Channel, Al Jazeera, Citizen TV, Channel NewsAsia, and the latest one with the International Cricket Council (ICC)granting them the transmission rights of the 2019 Cricket World Cup.”
Read the full article on Hackernoon.
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About BOLT Global
BOLT was conceptualised with the belief that access to information, education, and entertainment is an equal, universal right for everyone. With goals to bring more access to information and equality of opportunity on a global scale, BOLT is building a new category of entertainment developed by users for users — focusing on live TV and snack-sized content for an individualised mobile experience — all of which is powered by the BOLT Token. BOLT delivers a first-class user experience to all mobile devices, including low-bandwidth smartphones, through an Android app and web-browser based streaming. Some of BOLT’s content partners include Al Jazeera, Discovery Channel, Citizen TV, and Channel NewsAsia.
