Bankera (BNK): An ICO to Build a Proper Bank for the Blockchain Age

A new bank being built with the blockchain economy (and the traditional) economy is having an initial coin offering (ICO). The organization, called Bankera, is showing a lot of potential. Just check out Bankera’s site. They have already sold a ton of these tokens. Oh, and they are already doling out referral payouts to BNK owners who participate in the program:

That absolutely sounds like a scam – but don’t worry, it’s just a promotion that only lasts during the ICO. The end of the ICO is about one month away. So far, hundreds of thousands of Euros worth of Ether (ETH) has been paid as a sort of commission for referrals during the ICO.

The ICO, which has already been going on for a month, has already led to the distribution of 1.3 billion BNK.

But why have so many people bought into Bankera’s pre-ICO and current, active ICO? The blockchain, which is actually an operational fork of SpectroCoin, actually boasts some pretty promising utility. It uses SpectroCoin’s massive wallet infrastructure to instead build a banking system for the new digital age of currency

What is Bankera (BNK) and How is it a Proper Blockchain-era Bank?

The people working behind this project have seen a need for a traditional-style bank that is actually useful for the age of cryptocurrency. Bankera is building a bank that will do three things:

Facilitate payments: like with debit cards, personal IBAN, exchange transactions and payment processing. These services will all be doable in both national fiat currencies as well as cryptocurrencies, like ETH, BTCH, NEM, DASH, and ERC20 tokens.

Deposits and Loans: You will be able to put assets into a savings account that generates interest over time – just like a traditional bank.

Investments: Bankera plans on offering cheap investment products and even creating its own new types of money.

Whether or not they will be able to achieve this – and if they can do it quickly – is still up in the air. But a debit card that I can use with ETH or Euros, and new types of ETFs with different baskets of crypto-coins sound really useful to me.

This is an interesting ICO and a project that could actually make our lives easier. Let’s see what happens after the ICO closes. They’ve already raised $177 billion EUR to fund the construction.

The next phase will involve the launch of Bankera’s own exchange. The exchange will facilitate the trading of big-time currencies – like ERC20 tokens and NEM Mosaic currencies.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.


  1. That absolutely sounds like a scam
    Yes, because it is.
    If you dig deeper, you see the duck behind bankera. That walks like a duck, quacks like a duck. It is a duck.


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