A sovereign crypto-currency at the service of the real economy » PACA economic and political newsletter

A liquid vehicle to finance the shift and decarbonisation of the economy and to protect the greatest number of people from inflation.

Why create a cryptocurrency in the service of the real economy?

You may be familiar with the project to create a cryptocurrency that serves the real economy from the show Who Wants to Be My Partner? Almost a year later, the one that had sparked a lot of interest at the time finally arrives. Sovereign cryptocurrency at the service of the real economy: the $BIM digital token and the creation of a low-carbon Made in France ecosystem.

Thus, compared to Bitcoin (BTC) whose transaction costs are high, long transactions (several minutes) and high energy consumption, the digital token $BIM offers a set of means of payment with transaction costs. infinitesimal, very low power consumption, uses a carbon neutral blockchain (POLYGON), and is compatible with a very large number of WEB 3.0 applications.

Using a cryptocurrency (Token) as a means of payment combines the advantages of cash and electronic money: the same ease of use as electronic money (contactless payment, virtual card) and the anonymity of flowing cash from anonymity. of the blockchain. Thus, BIM introduces two important innovations for merchants and e-traders: the anonymity of electronic payments ($BIM cash) and immediate and free account-to-account payments ($BIM wallet to $BIM wallet).

BIM makes it possible to pay directly for online purchases with the $BIM digital token using the BIM Pay solution. To do this, you must first exchange your euros or cryptocurrencies for $BIM digital tokens. Paying in $BIM will allow you to receive a refund (rebate) in proportion to the positive impact of your purchases (made in France, carbon footprint).

Why does $BIM protect against inflation?

One of the main limitations of fiat currencies is the lack of collateral, which has been the case since the end of the Bretton Woods agreements in 1971. Thus, deposit holders are directly exposed to the erosion of the currency’s value. , as evidenced by the difference between the Livret A rate (2%) and inflation (5%). In other words, €200 today will only be worth €100 in 15 years.

With fiat currency (euro) raised from the sale of $BIM digital tokens, BIM invests in companies in the real economy that produce physical, consumer, mass-produced products in France, in the process of reducing their carbon footprint . BIM’s mission is therefore to contribute to the relocation of activities to France, with the ambition that in the long term there will be a made in France offer for all everyday products.

BIM shares in real economy companies are the collateral (intrinsic value) of $BIM digital tokens. BIM areas consist of one-third equity (equity) and two-thirds bonds, which allow entrepreneurs to maintain control of their business by paying interest. With the interest earned on its bonds, BIM buys back $BIM digital tokens on the secondary market. This with at least 5% of the generated flows. The $BIM digital token will be listed on the secondary market via a decentralized exchange by the end of the first quarter of 2023.

In addition to the valuation of the $BIM digital token resulting from the purchase of $BIM tokens on the secondary market, BIM will offer users the opportunity to place their $BIM tokens (“stacker”) in an Impact booklet paid at 5% per year (in $BIM), thus allowing them to hedge against inflation, with immediate liquidity as it will be possible to sell their $BIM at any time on the secondary market.

What services does BIM offer?

BIM offers a range of payment solutions (BIM Pay) in partnership with La Carte Française, equity and quasi-equity financing solutions (BIM Finance), relocation and industrialization assistance for supported projects (BIM Direct). One of BIM’s first investments is Lizia, a 3-in-1 reading lamp made in France, available as a bundle with the book “Made in France: un combat” which traces the journey of its co-founder and his fight for displacement. of dishwasher production in France.

BIM also aims to develop direct solutions, such as the production of keyboards and mice made in France, the production of robotic lawnmowers, etc. and holding 40% of the shares in Daan Techthe company behind the Bob dishwasher, available for private sale at preferential price e $199BIM. Bob’s entire adventure is contained in the book “Made in France: un combat” sold on his website.

Leave a Comment