### What is BABB?

BABB is a London-based FinTech company that provides accessible financial services to individuals worldwide. It uses blockchain technology to create peer-to-peer banking solutions, e-money accounts, and crypto-wallets. The BABB app offers seamless financial management, global money transfers, and access to banking services – all with a focus on empowering financially underserved communities.

ReDeFi: A Subsidiary of BABB

ReDeFi is an FMI platform designed for regulated financial institutions like banks, financial institutions, e-commerce and governments. It utilises a layer-1 and layer-2 model to facilitate the secure and compliant issuance of Onchain Money.

### What is BAX?

BAX is the native token of the BABB ecosystem and the future core of the ReDeFi blockchain. It serves several key functions:

* Transaction Fees: BAX is used to pay fees for all transactions on the ReDeFi blockchain.
* Staking: Staking BAX secures the network and enhances decentralisation.
* Validator Nodes: Users can stake BAX to run validator nodes on the ReDeFi network or delegate their BAX to become nominators.

### Unique Features:

* Regulatory Focus: BABB and ReDeFi prioritise collaboration with banks, regulators and financial institutions, aiming to improve the traditional financial system with our unique tokenised deposit system, Onchain Money.
* Onchain Money: Built on our layer-1 chain, the core product of ReDeFi offers tokenised deposits that directly mirror fiat currencies (such as GBP/EUR/USD). This model ensures stability and regulatory compliance.
* Dual Standard: BAX exists as both an ERC-20 token and the native token (RDF20 standard) of the ReDeFi blockchain, facilitating both current utility and future network operations.

### Regulatory & Compliance

BABB Group, ReDeFi and the BAX token are operating within regulatory frameworks. 
Here's our regulatory standing:

* ReDeFi is a subsidiary company under BABB Group, and it is a registered crypto asset firm with the UK Financial Conduct Authority under the Money Laundering, Terrorist Financing and Transfer of Funds.
* BAX is registered as a non-security token with the U.S. Securities and Exchange Commission (SEC).
* BABB Remit Ltd is registered with the UK Financial Conduct Authority as an e-money Institution under the firm reference number 932609. 
* The BABB Platform complies with the latest financial promotion and travel rules. 
* ReDeFi is a regulatory-friendly Blockchain with the Onchain Money Network which strictly adheres to KYC/AML procedures, ensuring compliance with regulatory standards. 
* The Onchain Money system upholds the 'singleness of money' principle, which is integral for maintaining a stable and unified monetary system.

### Founders and History of BABB

Rushd Averroes is the founder and CEO of BABB. He founded this startup in the summer of 2016 to restore financial control to those who have limited access to banking services. Rushd was born in Yemen and moved to the UK in 2009, where his experience as an immigrant with traditional banks was less than ideal. Since then, he started BABB to empower not only those with limited access to banking but also those with no access to any financial infrastructure at all.

View our [Roadmap here](https://babb-redefi.notion.site/a66702e3174245a29c7fcb04b9afc98f?v=2f628aa729cb4a9a8098f48dfcc8aeba).

### BABB’s Mission

BABB believes bridging traditional and decentralised finance, can create a more financially inclusive world. Its goal is to provide accessible, secure, and efficient financial services to everyone, regardless of location or background.

Learn More:
* [BABB website](https://getbabb.com/)
* [ReDeFi Website](http://www.redefi.world)
* [ReDeFi Whitepaper](https://drive.google.com/file/d/1VXQQ6CCRTWLqQuENFeqW7iS3QIFkwWsa/view)
* [BAX Tokenomics](https://medium.com/@redefi-world/bax-tokenomics-ae93b05a03dc)

BABB

Trust Wallet

MetaMask

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

Red Kite

Obyte

holoride

NEST Protocol

Netvrk

Linker Coin

PureFi Protocol

Mancium

ChangeNOW Token

Hourglass

Wibx

X2Y2

Green Bitcoin

CHAD FROG

Spot

MultiVAC

BitKan

Kin is a decentralized cryptocurrency that was created in 2017 by Kik Inc.

Kin was initially launched on the Ethereum blockchain. In 2020, Kin migrated to the Solana blockchain in order to achieve lower transaction fees and greater scalability.

Notably, Kin has zero inflation. The Kin supply is fully distributed and no additional Kin tokens will enter circulation.

In 2020, Kik Inc agreed to a mutual settlement with the United States SEC in which Kin was not required to be registered as a security, making it one of the few cryptocurrencies with such regulatory clarity.

XPR Network

Verasity is an open-ledger ecosystem designed to fight advertising fraud, provide open access to infrastructure for publishers and advertisers, and reward users for watching video content. Verasity also provides payment solutions and a rewarding staking ecosystem with 15% yields guaranteed through to April 2024.

Powered by a mix of artificial intelligence (AI), machine learning (ML), and cutting-edge blockchain technologies, Verasity is building the most powerful advertising ecosystem in the world through VeraViews; developing an open-access payments platform through VeraWallet, the VeraCard, and VeraPay; and enhancing the attention economy through its patented Rewarded Video module.

Verasity

Morpheus Labs

SwftCoin

XDB Is the native coin of XDB CHAIN and is a RWA.
XDB CHAIN (XDB) is a protocol layer blockchain also known as the technology "empowering brands and consumers of tomorrow". The platform was created to support the fast and affordable transfer of consumer digital assets such as branded currencies, non-fungible tokens (NFTs), stablecoins and more.

XDB CHAIN claims that the infrastructure is decentralized, open-source and easy-to-use. The network consists of connected “XDB CHAIN cores” run by individuals and entities around the world — similar to blockchain nodes. With XDB CHAIN, users can create payment-related tools and devices. Users launch their digital assets via the XDB CHAIN network by linking assets to apps from the app store. Tokenization of assets can be used to support audience engagement for brands.

The mission of XDB CHAIN is to encourage the project to the mass market by facilitating the liquidity of digital assets while integrating with existing user applications. XDB CHAIN simplifies the tokenization of assets through transactions and a trading layer for the point economy.

The project is a fork of Stellar protocol and adopted the core features and capabilities of the latest Stellar network (v19), including the token certification service and on-chain trading (DEX).

XDB CHAIN

Safe Haven

Launched in 2017, Dent is a revolutionary digital mobile operator offering eSIM cards, mobile data plans, call minutes top-ups and a roaming-free experience. According to the company website, Dent employs blockchain technology’s powers to create a global marketplace for mobile data liberalization.

Dent has an ambitious roadmap ahead, with plans to expand its services to new markets by the end of 2021. The company has already attracted more than twenty-five million mobile device users, and Dent services are available in more than 140 countries. Enterprise partnerships for Dent include Samsung Blockchain, The Enterprise Ethereum Alliance and Telecom Infra.

Dent

Nitro Network

Nimiq is designed to make cryptocurrencies easy to use for everyone without compromising decentralization. Nimiq is the only blockchain where users always participate directly by default. In comparison to the likes of Bitcoin and Ethereum where the default is to use a third-party node to connect to the network. Learn more: https://youtu.be/dA40oyDVtqs

Team Nimiq invented Nimiq OASIS, the DeFi crypto-fiat bridge! Atomic swaps between crypto like NIM and BTC (ETH coming soon) and fiat currencies like EUR (USD next) with no personal information are now possible. Earned swap fees are converted to NIM and held to create scarcity. See how it works: https://youtu.be/Spp_Be4dHaM

Nimiq created Albatross, a new, super fast Proof-of-Stake consensus algorithm that will launch with Nimiq 2.0, the next version of the Nimiq Blockchain. We expect ~1000 TPS and finality in one second, pushing Nimiq 2.0 to the theoretical limits of single chain blockchain protocols. Energy consumption will also be reduced to less than 1% (compared to current Nimiq POW) with this upgrade. Try out the demo: https://www.nimiq.com/albatross/

Nimiq’s “super-halving” coming soon! The transition to Nimiq 2.0 will reduce the emission rate from currently ~3000 NIM to only ~525 NIM per minute. Calculate your rewards using the Staking Calculator: https://www.nimiq.com/staking-calculator/

Join the friendly Nimiq Community to ask questions and learn more: https://www.nimiq.com/community/

Nimiq

Hifi (formerly Mainframe) is a Lending Protocol that allows anyone to borrow against their crypto. Hifi uses a bond-like instrument, representing an on-chain obligation that settles on a specific future date. Buying and selling the tokenized debt enables fixed-rate, fixed term lending and borrowing — something much needed in decentralized finance today. It is anticipated that a ticker symbol change will occur alongside future iterations on the Hifi Lending Protocol.

Mainframe Token (MFT) is the native utility token that is used for:

Governance votes

Staking to ensure the safety of the protocol

Rewarding contributors to the ecosystem

What can you do with the Hifi Lending Protocol:

Borrow:  Lock collateral in a vault to mint fixed-rate, fixed-term debt tokens.  These debt tokens can be swapped for instant liquidity allowing users to leverage long, yield farm, or pursue other strategic trades without selling their collateral tokens.

Lend:  Buy fixed-rate, fixed-term debt tokens for a discount.  When the term expires they can be redeemed for face value, earning lenders a predictable return on their investment.

Provide Liquidity:  Earn trading fees by providing liquidity between debt tokens and stablecoins on an Automated Market Maker (AMM).

Mainframe

SelfKey

The Suterusu Protocol is a second-layer private payment infrastructure for smart contract platforms. The Suterusu Protocol uses the original and most advanced ZK-ConSnark algorithm that does not require a trusted setup. The algorithm’s proof size is significantly reduced and the proof generation and verification efficiency are greatly improved compared with similar solutions. Since no trusted setup is required, it is safe and transparent. The technical paper has been accepted by Eurocrypt 2021(https://eurocrypt.iacr.org/2021/acceptedpapers.php, https://eprint.iacr.org/2021/540). The Suterusu Protocol has been deployed on Ethereum, Binance Smart Chain, Heco, SmartBCH (BCH sidechain), Theta, etc. We plan to deploy Suterusu protocol on the following smart contract platforms including Near, Solana, Avalanche, Moonbeam, Plasma, Matic, etc. It is also the first privacy project funded by the official Cypherpunk Guild Fund of Near. We are also applying for the Solana and Polkadot ecosystem grant. The Suterusu Protocol intends to build a private payment infrastructure for any cryptocurrency. The Suterusu project has received investment from well-known institutions such as Dialectic (a fund founded by the former Polychain partner Ryan Zurr), Fundamental Labs, FBG, Continue Capital, DeFi Alliance, and other well-known institutions.