b-cube.ai Official Announcements Channel
Dear BCUBEIANS,
We know many of our community member's couldn't attend the live community session but you can now enjoy the recorded version of the session here: https://youtu.be/4Umgl9MYX8g
Our social media links are below and anything other than them are just scam:
Telegram Chat: https://t.me/bcubeicochat
Website: https://b-cube.ai/
Twitter: https://twitter.com/Bcubeai
Support Email: [email protected]
Contact Email: [email protected]
Cheers,
Team BCUBE
Dear BCUBEIANS,
We are holding a special community meetup tomorrow, May 25th, 2024, at 3pm CEST.
We will discuss the new project, timeline, preparation, new token sale, road ahead, and everything else.
Date: 25th of May 2024
Time: 3pm CEST
Zoom link: https://us06web.zoom.us/j/86312659057
Speaker: Guru, Co-founder & CEO b-cube.ai
Our social media links are below and anything other than them are just scam:
Telegram Chat: https://t.me/bcubeicochat
Website: https://b-cube.ai/
Twitter: https://twitter.com/Bcubeai
Support Email: [email protected]
Contact Email: [email protected]
See you all tomorrow,
Cheers,
Team BCUBE
Dear BCUBEIANS,
Our communication channel details are as follows:
Telegram Chat: https://t.me/bcubeicochat
Website: https://b-cube.ai/
Twitter: https://twitter.com/Bcubeai
Support Email: [email protected]
Contact Email: [email protected]
Anything besides this is a scam.
Cheers,
Team BCUBE
Dear BCUBEIANS,
We are making it very clear that there is no ongoing migration or any airdrops announced by the BCUBE Team. It is a scam if someone claims this.
It is very, very sad to see community members falling into scams now and then. Just know one thing: admins will never DM you first, and no one has time to do it, either. Please make a note of the IDs of the original admins of the official BCUBE telegram chat:
Guru: @Guruprasad_Venkatesha
Erwan: @erouzel
Zero: @Zerotgr
Anyone besides this claiming to be from BCUBE TG or the project is a scam.
We cannot do much about these scam groups that keep popping up occasionally, even if they are banned. We have already sent more than 30 requests to the Telegram team, but they have yet to take action due to their freedom of speech policy. Even constantly reporting them will be of no use. The only way to deal with this situation is not to be greedy to connect the wallet to an unknown smart contract or give anyone our private keys.
Yesterday, one of my old holders was the victim of a migration scam and lost 226k $BCUBE tokens. In the last 12 months, our community has been scammed for more than a million tokens. This is very bad for the holder and much worse for the project as the prices tank and lower our liquidity. Please exercise extra caution and cross-check with the official IDs mentioned above before interacting with any fake admins.
Thank you,
Cheers,
Team BCUBE
Dear BCUBEIANS,
We have removed the following strategies from our marketplace:
BTC Positional Spot Bot
Large Cap Positional Spot Bundle
Mega Cap Trend following Spot Bundle
Large Cap Fiat Out-performer Spot Bundle
Large Cap Index Out-performer Spot Bundle
On the long run we aim to have only 6-8 strategies max that works consistently and delivers returns in any market condition like our existing strategies.
Cheers,
Team BCUBE
Dear BCUBEIANS,
Here is the latest AMA session that happened today. For those who were not there can watch this recording. Thanks for your presence.
Youtube link: https://youtu.be/rAFrpq3_Hro
Cheers,
Team BCUBE
Dear BCUBEIANS,
Tomorrow, 4th of May 2024, at 15:00 CEST, we are hosting an AMA session with our CEO Guru where you will hear about all the updates of the project and also know the road ahead for BCUBE.
Zoom link: https://us06web.zoom.us/j/87456563941
Please we request you to come in large numbers for the AMA and you will have an opportunity to ask any question during the session.
See you all tomorrow,
Cheers,
Team BCUBE
Dear BCUBEIANS,
We are proud to announce our sponsorship of the “ETH Rio conference”, the biggest ETH community conference in Brazil. We are penetrating the Brazilian markets now as we have no presence in Latam region and this will help us to gain ground in that continent. Brazil is adopting crypto like no other country in South America, which will help us gain the first-mover advantage.
https://www.ethereumbrasil.com/ethereumrio
We are already working on a partnership with Mercado Bitcoin, the Binance of Brazil to offer our strategies to their customers.
We have one ticket to offer for any community member who will come to Rio to be at the conference where our CEO Guru is giving a keynote speech on BCUBE & AI, on a few panel discussions and will we are also currently discussing with Deribit exchange to host a joint side event during the conference.
We will discuss about BCUBE, AI and also about $BCUBE,
Thank you,
Cheers,
Team BCUBE
Dear BCUBEIANS,
We are having a AMA with renowned Indian influencer @thisisksa at 18:30PM CEST.
It will be in Hindi language but you are welcome anyways to be there during the AMA session to guide people to our TG group and shill the products, token etc!
Thank you,
Cheers,
Team BCUBE
Dear BCUBEIANS,
There have been a lot of talks on listing on CEX but this is the last explanation that we will give on this topic to put an end to this discussion.
CEX Listing:
We understand your disappointment with the lack of a CEX listing but you should know something here that more than any of you, if someone wants the best for the project then it is us, the team of BCUBE because we live in this 24/7. Why would we harm our project by not listing it on any CEX? Have you ever asked this question yourself? A simple degen mindset will not help you. Trust us, we know much more than you about everything in this industry including even CEX listing.
T1 Exchanges: Binance, Coinbase, KuCoin, Kraken, OKX
T2 Exchanges: Bitget, Gate, AscendEX
T3 Exchanges: BitMart, MEXC, Bithumb
You can keep debating now which exchange falls under T1, T2, or T3 but once again it won’t change. We have connections to all the listing managers and with some exchanges directly who can give us some discount but it won’t be a free listing for sure.
T1 Exchanges won’t list us because we have less than 10k wallets and daily volumes are less than $500k (don’t say add more liquidity because we will address it later in the point), low website traffic, even if we fulfill all these criteria then the fees for just listing is $1 Million (excluding the security deposit). Yes, some among them say that they will list without fees but if you are a project owner yourself and got listed for free then let us know.
T2 Exchange, we have already enquired where they gave $200k listing fees + $150k safety deposit (to be returned when we delist or act as a protection in case of a rug pull) + $300k liquidity pair + $100k worth of tokens for trading competition & other marketing expense paid to exchanges before listing. So the overall cost is $750k on the minimum side.
T3 Exchange, we can list on MEXC for between $35k-$50k max but that is not enough to just list. We need to add enough liquidity of $300k-$400k otherwise it will be no different from HotBit where someone sold 5 ETH worth of BCUBE and the prices hit almost $0 (as recorded on CMC which is a black mark and everyone thinks we came from that point to $0.38 now) & just 3 ETH pumped to $3 (the high recorded on CMC). What’s the use of such a listing? Yes, it will pump for a few days with low liquidity but it takes only one or two bag holders to destroy the charts completely. According to our sources, this exchange is shady & can go down the Hotbit way anytime. So even adding that much liquidity is dangerous.
So why not DEX Listing?
It is the same. LIQUIDITY!! We need to add a good amount of liquidity to have low slippages when someone buys or sells big. Currently, we have $700k liquidity still people complain it to be small then maybe the sweet spot is $1M+ but who has so much funds? We don’t have.
One thing that should not be forgotten is that we raised $3.25M not $10M to have that kind of fancy listing. All those projects are doing simple things but raising big money which is not at all needed for such projects. We can make a chatbot for less than a 100k budget because it is simple and very easy to make. Many open-source LLM layers can be easily trained with the help of ML engineers. So all those millions will go into marketing. They raise $10M and spend $6 Million on marketing, the rest for exchange listing, adding liquidity, and product development.
In Web3 hardly anyone uses those products that are developed or deployed as most of them are just focused on token prices, and this is where we got it completely wrong as we focussed on the product, technology, and looking for adoption of the product.
We launched at the end of the bull market and the money that was raised was good enough for product development but it was not so far when we got controlled in 2022 that stopped us from selling the products that we developed, went through the scrutiny of the regulators, we had to fight legal battles spending a lot on fees. Both accountants or our Italian, and Hungarian companies are in this chat so they know how well we spend and manage our finances. For the sake of transparency, the salary of the CEO is around 2400 Euros, (which is the lowest salary in the company), and even the costs such as local transportation, and food have to be managed while traveling abroad. No bills are claimed on the company for food, local transportation, or miscellaneous expenses besides airfare and hotel. Most of the employees haven’t taken a salary hike since 2021. We were profitable from 2019 to 2021 but when 2022 happened to be the year of the Luna, and FTX scandals then we lost clients because they lost money in those places and had no capital to trade with us plus the regulatory crackdown was so hard that we were going through depression and was very difficult to keep up the spirit.
Now we are struggling to find users for the product. We are starting marketing this week but once again we won’t be able to spend money like the projects that you mention in the AI space. We are different from them in terms of scale and size. We are no match to them in terms of marketing budget. Also selling a ChatBot for another project’s TG chat is very different from selling a crypto trading strategy, token is far off. It has to grow organically.
We are still here and working on our project every day, day and night. We kicked out a few non-performing employees and hired new talents who have been doing great ever since they joined. We discussed a lot on several subjects. We know our strengths and weaknesses. We are in a highly regulated industry and we are still unable to onboard HNW investors for custodian services that we met in the USA. Even if they are accredited investors then there is a whole lot of process but we are on it.
This is the reason why we proposed to launch a new project for building a Decentralized derivatives trading platform similar to dydx but much better in many aspects. We will launch it as a separate project with a new token but this time we will sell the seed tokens to Tier 1 VCs, Tier 1 incubators, KOLs & most importantly market makers like DWF, Wintermute, or GSR. This will lead to a Tier 1 exchange listing & we will allow everyone to use our strategies for free if you use our exchange. This will not only generate trading volumes for the new exchange but also the exchange has to pay BCUBE for providing services on the exchange. This fees will be huge and marketing will automatically happen. The new exchange token staking will get rewards on the commissions earned. Both will thrive together. But some object it to be a distraction and other things which are purely in their minds and not something how we see.
The recent correction in the prices is due to unnecessary discussion on the CEX listing giving high ETH prices as an excuse when sellers are having no issues with the gas fees. We haven’t seen any change in the holder numbers, the community number is growing but maybe some booked profits. This is a free market so anyone can sell or buy, we don’t ask people to do anything.
Lastly, we are not a parliament to listen to one or anyone. This is not a country or democracy of any sort. This is a company & we know what is best for the project. If you believe in our vision then stay with us & support us else it is left to you. There is no point in discussing the same and convincing everyone every day. If we want to launch a new project that supports BCUBE then we will do it or we will take any step or measure to protect the interest of BCUBE or for the good of a project that will be good for the community. We won’t say anything more. We value the support and love that you share and we will fight hard for the project.
Dear BCUBEIANS,
If you are facing any issue related to the KYC then please contact directly our compliance officer at [email protected] to get it fixed.
Thank you,
Cheers,
BCUBE Team
Dear BCUBEIANS,
We have a temporary solution for those who are using the Bitget.
We can’t select the IP but it should be all the numbers that we propose as we don’t know how the orders are routed. If you miss even one code then no trades will be executed on your account. We can’t use the old numbers as they are incompatible with the futures trading.
Please find the codes below:
45.192.133.135 45.192.133.174 45.192.133.115 45.192.133.105 45.192.133.175 45.192.133.207 45.192.133.241 45.192.133.100 45.192.133.242 45.192.133.62 45.192.133.205 45.192.133.79 45.192.133.61 45.192.133.95 45.192.133.251 3.66.134.20 18.194.250.49 52.57.253.46
This is for only those clients that are facing issue.
We will come out with a permanent solution in a day or two. Thank you for your understanding.
Cheers,
BCUBE team
Dear BCUBEIANS,
We request you to change the IP whitelist to the following numbers:
45.192.133.135
45.192.133.174
45.192.133.115
45.192.133.105
45.192.133.175
45.192.133.207
45.192.133.241
45.192.133.100
45.192.133.242
45.192.133.62
45.192.133.205
64.137.105.10
64.137.105.189
64.137.105.97
64.137.105.62
64.137.105.37
45.192.159.245
45.192.159.196
45.192.133.79
64.137.105.223
64.137.105.83
64.137.105.66
45.192.159.0
45.192.159.92
64.137.105.248
45.192.159.95
45.192.133.61
45.192.159.142
45.192.133.95
45.192.133.251
3.66.134.20
18.194.250.49
52.57.253.46
We had to change due to launch of new futures trading so we had to find a new jurisdiction where this trading activity should be possible. So please update it. Thank you!
Cheers,
Guru & BCUBE Team
Dear BCUBEIANS,
We have a great news for you today. Trading in futures is now live. We have developed a strategy for futures trading by the name “Swing Futures (Long & Short)”. It uses a similar algorithm as that of “Swing Spot (Long only)” Although the trades might not be the same. We have tested it for more than a week with 35% returns with 1x leverage on the staging environment. We had to get the strategy quickly for trading on our live web app so we couldn’t import the history of the trades but we will do it in the next week. Currently, you will see it as 0% returns as the performance but that is not the case in reality.
For now, you are good to trade with our “Swing Futures (Long & Short)” with Bitget or Binance Futures only. We will roll out more exchanges in the next 1-2 weeks such as ByBit, OKX, and other exchanges.
We have also integrated Kraken to onboard the US users. However, we have encountered some bugs on Coinbase so we will release them in the first half of next week.
I will also share with you the codes of Bitget in case you don’t have an account there yet which will help you in getting low fees as we are Bitget brokers.
Start with Bitget: https://partner.bitget.com/bg/ZNSVYU
If you would like to create using a code then here you go: g8i4
We promised to deliver it in the next weeks but made it possible in a few days, thanks to our amazing developers and quants. Now it’s your turn to show love by using products by getting a nice subscription plan. Come on, let’s go now from $8M in trading volumes (right now) to $100M per month!
Thank you,
Cheers,
Guru & BCUBE Team
Dear BCUBEIANS,
Here is a blog on our most recent development: Obtaining VASP registration!
https://bcubeai.medium.com/b-cube-ai-is-now-a-regulated-crypto-trading-platform-after-securing-vasp-registration-from-the-160792e6401b
We are planning to write several blogs in this week to make it more interesting to you,
Thank you,
Cheers,
Guru & BCUBE Team
Dear BCUBEIANS,
The wait is over! We are now a fully regulated financial services company in Italy after receiving VASP registration with the OAM in Italy.
https://www.organismo-am.it/elenchi-registri/operatori_valute_virtuali/dettaglio_elenco.html
Our registration number: PSV151
We start our new journey in this space with the launch of many new services. We will have to draft now a new term and conditions, certain specific tasks after being a regulated company then we can go ahead with all the businesses that we intend to carry out.
We will be soon launching "BCUBE Launchpad" (stake to get allocation in promising projects), Custodian services (we take custody of your fiat or crypto and manage it for you in CEX & DEX on spot markets findings the gem, using our strategies, manually trading wisely). In April-May, we intend to launch market making.
We can sell $BCUBE tokens directly to whoever wants to buy them in an OTC transaction. We will be making the transfer with zero gas fees. You can simply transfer stablecoins to our CEX account then we send you $BCUBE back. We will use the stablecoins to buy back $BCUBE on the DEX (if it is immediately, but sooner or later, the main objective is to build enough reserves to regulate the prices and give stability to the token or even buy back from whales who will otherwise dump on the open market causing big price drop).
We will go ahead with onboarding KOLs, ask those who are already working with us to make announcements of VASP, get new KOLs onboard, start with marketing (social media will no longer stop us as we are a regulated company), do partnership with a big CeFi company, two AI projects & much more.
We have a healthy market cap now and with this, it will be easy for us to raise money as tokens are reserves of the company. We are meeting many investors this week and until the end of April. If we get those investors then getting on a Tier-1 exchange would not be difficult. There are many plans in the background which is already planned. I am sure, our community knows us very well, and we will surely satisfy all our loyal members who loved, supported, and cared about us all these years in our journey.
We will do great now, the plans will be put in place very soon. You will love it! 🚀
Cheers,
Guru & BCUBE
Dear BCUBEIANS,
We are hosting a side event on the 2nd of March 2024 at 6pm Denver time along the lines of ETH Denver, the world’s largest ETH community conference. We will wait for you all to be there and to attend our presentation. This is our first event ever in the US. This is very important to showcase our platform in front of a large audience who will be in Denver during the event and also to get into the US market. We haven’t had any clients from the US so far so this will be a significant step in our journey.
You can bring your friends if you wish but registration is mandatory. Please click the link below to see the event details:
https://lu.ma/bcubeai
See you all in Denver,
Cheers,
Guru & BCUBE Team
Important links:
To claim your tokens from ICO (in case you participated during our ICO): https://ico.b-cube.ai
To login to our product website to use our trading strategies: b-cube.ai
To claim the token that is staked for benefits on the platform (to both stake & unstake): b-cube.ai
How to unstake the tokens that are staked for benefits on b-cube.ai platform?
Manage staking => Select “Earth” => Continue
Our one and only TG Community Chat: https://t.me/bcubeicochat
Dear BCUBEIANS,
We investigated the hack that happened to our official X account in the early morning today. So I would like to present the findings.
The hacker was smart as he first hacked the account of a high-profile journalist at CoinTelegraph and contacted us for an interview. He sent a link to “calendly” in the DM to book a call. This is a normal practice in the world of business that I do almost every day by booking calls calendly if someone wants to have any type of business deals with us.
Yesterday, this calendly asked the access to X and once again this is a common practice by Instagram or the software to post tweets on X which we have been following for the past 3-4 years with no problem but yesterday this person had access to our account through this integration of calendly on our X account.
We enabled 2FA long ago and the passwords are safely stored on the password manager so there was no way it could leak or the hacker could get through if it was not due to this integration of the calendly link on the X.
Nevertheless, people should exercise caution and should not be greedy. Most of the people who are on the official channel of b-cube.ai are the same who are present in the fake groups too. They might have added against your wish but you can always “report & ban” them and go out of the “fake channel” If this is not happening then it is either greed or lack of caution on your part.
We are growing and thousands of people know us, going forward we will be known by millions of people so such problems will keep coming but you should know only two things here we have only one website and only one TG account.
Website: b-cube.ai
TG Community: https://t.me/bcubeicochat
Last but not least, there has been one person who has fallen victim to this scam today who will be compensated personally by me because this happened on our official X account. I warn against taking this as an advantage and claiming reimbursements in the future. We will not do it because this is not a charity. In the future, please take those two links as the reference no matter where they have been posted or if someone has invited you for a scam.
Thank you for your understanding,
Kind regards and cheers,
Guru & BCUBE Team
Dear BCUBEIANS,
A few hours ago, Our official Twitter account was hacked. They posted some fake “staking rewards”. I have recovered the account and we will investigate the root cause of hack although we have some information already. Please do not interact with any fake website besides the original website of our company: b-cube.ai
Sorry for any inconvenience,
Thank you,
Kind regards,
Guru & BCUBE Team
Dear BCUBEIANS,
Here is the recorded video of yesterday's community meetup on Zoom
https://youtu.be/FOA8HJKX6Tg
Have a nice Sunday,
Cheers,
Guru & BCUBE Team
Meeting summary for b-cube.ai community meetup - Q1 2024 Project update (02/10/2024)
Quick recap
Guruprasad Venkatesha | b-cube.ai discussed the challenges faced by his company, including compliance requirements, relocation, and issues with lawyers. He emphasized the importance of finding solutions, exploring different jurisdictions, and ensuring a fair trial. He also outlined plans to register in Italy, expand into the US market, and offer new services such as custodian services and asset management. He mentioned the potential restart of a business involving custodianship of people's assets and the distribution of their tokens. Finally, he addressed potential partnerships with major AI companies and the importance of increasing user engagement.
Summary
Overcoming Challenges in AI Startup: A Guruprasad's Journey
Guruprasad Venkatesha | b-cube.ai shared about the difficulties his team faced, including not being able to make announcements or interactions, dealing with non-negotiable orders, and having issues with their previous lawyers who were overly focused on money and made procedural errors. Despite these challenges, Guruprasad's team persisted and found solutions. He also mentioned a mentoring session with the founder of Ledger and a setback when they had to leave the country, cancelling their meetings with Ledger's lawyers. However, Guruprasad expressed dissatisfaction with the treatment his case received and identified some unfairness in the decision-making process. He mentioned exploring different jurisdictions for a fair trial.
Crypto Company Setup Challenges in Lithuania and Poland
Guruprasad from b-cube.ai discussed the challenges of setting up a crypto company, specifically in Lithuania, where stringent compliance requirements and high costs are involved. He mentioned the need for a full-time compliance officer, a real office space, and a local CEO, as well as a shared capital of €125,000 that cannot be withdrawn for personal use. Guruprasad shared that they are considering Poland as an alternative due to its cost-effectiveness, simplicity, and less stringent compliance requirements. Furthermore, Guruprasad announced that their company has decided to register in Italy for its operations, citing the country's large economy, vibrant crypto ecosystem, and proximity to major finance centers. He also highlighted the importance of a company's reputation and location, and the challenges they faced in understanding local laws and regulations. Finally, Guruprasad shared that they have added a third co-founder, Jean Baptiste, who is based in Italy, and that they are working on adapting their system to the futures market.
b-cube.ai's Vasp Application and Future Plans
Guruprasad Venkatesha | b-cube.ai from b-cube.ai discussed the company's plans to apply for Vasp, which will make it a fully regulated crypto-financial institution. He emphasized the importance of this milestone and the company's intention to offer new services such as market making, launch pad, and advisory services after receiving the Vasp by February 2025. Guruprasad also mentioned the company's plans to manage assets on Bin and Unswap and the reintroduction of futures trading once the Vasp registration is completed. He clarified the company's role as a tech company and emphasized their commitment to following the law. Finally, he discussed the company's plans to expand into the US market.
Guruprasad's Global Promotion and Partnership Plans
Guruprasad Venkatesha | b-cube.ai from b-cube.ai shared his plans to attend several events throughout the world to promote his company's products. He mentioned attending the world's largest ethereum community conference in Denver and subsequently visiting Hong Kong for the Wall Summit and Brazil for the Ethereum Brazil Conference. Guruprasad emphasized the importance of these events as a way to attract new customers, especially from the US, and the potential opportunities for partnerships with exchanges. He also discussed his company's referral system. Furthermore, Guruprasad mentioned his plans to attend the Token 2049 event in Dubai after his visit to Rio de Janeiro, noting the potential of introducing their products to the Dubai market to increase visibility and provide opportunities for further collaboration.
b-cube.ai's Influencer Success and Future Plans
Guruprasad Venkatesha | b-cube.ai from b-cube.ai discussed the success of their project with influencers, noting that they've gained a lot of attention and eyeballs. Guruprasad emphasized the rarity of their project in the crypto field, where they have both a product and a functioning project. They are being noticed by influencers who are promoting their project without any payment. Guruprasad also mentioned that they have plans to launch custodian services and asset management in April or May, and to provide market-making infrastructure in April or May. They aim to provide market-making software for projects to manage themselves. Guruprasad also mentioned a project called Bq. Ventures that they plan to launch in March, leveraging their connections to offer seed round pricing for investors.
Custodianship, Token Distribution, and Market Making
Guruprasad discussed the potential restart of a business that involves custodianship of people's assets and the distribution of their tokens. He mentioned that the business would require a Google form for KYC and would only charge for transactions. He also addressed the importance of market making, stating that their AI-driven approach is unique and could prevent market manipulations. Guruprasad dismissed the idea of CX listing for token pumping, emphasizing the need for steady growth and marketing. He also mentioned the upcoming availability of futures trading and the creation of innovative paired trading strategies.
b-cube.ai's Positive Trajectory and Future Plans
Guruprasad Venkatesha | b-cube.ai from b-cube.ai discussed the company's positive trajectory, emphasizing their focus on making the project efficient and sustainable. He mentioned that they have been working on launching new products and services, and are not concerned about regulatory issues as they have been compliant. He also addressed questions about the referral system and plans to increase token holders, stating that the company's growth would be organic and dependent on the visibility of the project. Guruprasad mentioned that they are working with influencers to increase visibility and have plans to attend various events to generate more awareness about the project.
b-cube.ai's User Engagement and Partnership Strategies
Guruprasad Venkatesha | b-cube.ai from b-cube.ai discussed the company's focus on increasing user engagement and the potential for future partnerships with two major AI companies. He mentioned that these partnerships are already in progress and will be publicly announced once the necessary regulatory approval, Vasp, is secured. Guruprasad also addressed the idea of users creating their own AI bots on the platform, but expressed reservations due to the potential costs and user engagement. He emphasized the importance of showing commitment and focusing on profitable ventures for the company.
Company Name Change and Expansion Challenges
Guruprasad Venkatesha | b-cube.ai from b-cube.ai discussed the challenges the company faced due to a threat from lawyers regarding a name change. He explained that they had managed to convince the lawyers to allow them to stay, but expressed frustration with the lawyers' demands for regulatory compliance. Guruprasad also discussed the potential of expanding into a new country but clarified that they had decided against it and would instead establish a new limited liability company in Italy, bq.ai s rl, which would operate under Italian law. He emphasized that this move would not alter their current operations and would actually make them safer and stronger.
Guruprasad's Struggles and Resilience
Guruprasad shared his struggles during a particularly challenging period, drawing a comparison between his experience and that of prisoners. He expressed disappointment in the actions of others and the difficulty of finding the right balance in communication. Despite these challenges, Guruprasad affirmed his strength and resilience, highlighting his ability to navigate through difficult situations and find solutions. He also revealed that there was a plot against him involving individuals within the system, and he had evidence to support his claims. Guruprasad expressed his intention to let things progress naturally.
b-cube.ai's Tech Stack and Employee Loyalty
Guruprasad Venkatesha | b-cube.ai from b-cube.ai discussed his responsibility towards the company, project, users, employees, and investors. He shared his decision-making approach, focusing on the present moment and taking calculated risks. He also touched upon the company's recent recruitments and the challenges faced with some employees leaving. Guruprasad emphasized the importance of loyalty and attracting talented people to the company. He then explained the company's tech stack, which includes Python, express.js, angular, node.js, dynamoDB, and AWS. Finally, he explained the reason for hiring primarily from India, citing the quality of developers, cost-effectiveness, better working culture, loyalty, and dedication as some of the factors.
b-cube.ai's Future Optimism and Investor Seeking
Guruprasad Venkatesha | b-cube.ai from b-cube.ai expressed his enthusiasm and optimism for the future of the company. He emphasized the importance of focusing on the business and seeking investors to boost the company's revenues. Guruprasad also expressed his frustration with past legal issues but was glad to be able to focus on the business now. He expressed confidence in the company's advanced AI platform and its potential to become a top-tier company. He urged everyone to support the company's journey and to help it reach its true potential.
Next steps
• Guruprasad will travel to the United States, Hong Kong, Brazil, and Dubai to onboard users and make partnerships.
• Guruprasad will apply for VASP registration and implement KYC on the platform once it is obtained.
• Guruprasad will launch market-making infrastructure using AI in April or May.
• Guruprasad will restart the BQ Ventures business in March, providing access to seed round projects at a lower price.
• Guruprasad will work on increasing token holders through product promotion and influencer collaborations.
• Guruprasad will make public announcements about the AI partnerships once Vasp registration is completed.
Youtube video is following soon! 🚀
Dear BCUBEIANS,
I have been waiting for this moment since several months to talk to you and to share all the updates of the project but it was not possible due to the reasons that we all know.
We are now free and can do what we are supposed to do as a company so please join me today on the project update at 15:00 CET on Zoom. This will be live and will take your questions after finishing my updates on the project.
Find the details below:
Date: 10th of Feb 2024
Time: 15:00 to 17:00 CET
Link to the call: https://us06web.zoom.us/j/87389173746
Come in large numbers and support us,
Hope to see you all,
Cheers,
Guru
Dear BCUBEIANS,
We won at the end!! We are now registered in Italy by the name “b-cube.ai s.r.l” which means from Monday (5th of February 2024) we will be governed by Italian laws.
We can onboard customers from any country in the EU with a reverse solicitation clause (not directly targeting any country where they have a local CASP/VASP/DASP). So we are open to business now.
We will get the VASP in Italy by the end of this month and start new businesses that range from custodian to a new launchpad where staking $BCUBE will have a new use case along with the great opportunity to enter great projects at a seed round which is currently not possible for retail investors.
We have many partnerships lined up with tier-1 AI projects and many influencers are signed up (some of them even bought tokens themselves and promoted us due to the potential that we have as a company).
We will bring back the futures trading very soon (we are adopting SFSS aka AI infrastructure to the futures trading) and integrating not only the exchanges that we worked on in the past but also new exchanges like ByBit, and OKX. We are also entering the US markets with my participation in ETH Denver (the World’s largest ETH community conference) by integrating Kraken and Coinbase. We don’t have any US customers as of now.
There are many things to update so I am hosting a live session on Zoom at 15:00 CET. I will share the link shortly for the call tomorrow.
I will keep fighting this until we completely turn around the company after these regulatory issues that plagued us for more than a year. Nothing will stop me anymore to do what I wanted to do and we are on our way to Valhalla!!
Thank you for your love and patience,
Cheers,
Guru & BCUBE Team
Dear BCUBEIANS,
Wish you and your family a very happy new year 2024!!
This year will be an epic year! Excited for everything that is coming up in this year!!
Thank you,
Cheers,
Guru & BCUBE Team