Toyken

Toyken

ICO Ended
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Founded in 2010 and throughout our years of actual business experience, B.A. Toys has developed a plan in which we eliminate competition by outlasting them. Our mode of operation means we stock up heavily on products that we anticipate will have high demand and collector appreciative value. We sell just enough of these items through day-to-day operations to cover our operating costs. As we are able to pay off invoices in full, we then warehouse the remaining items until other competitors are out of stock.

We sell inventory on a 5 year cycle. We have already achieved this in our previous years' of business, it is not a "hypothetical business model".

Items declared to be of substantial collector value or high demand are designated as requiring Toyken. Upon a Toyken designation, we will NEVER take fiat currency for them again. At times, we will even designate current items and/or pre-orders, high in demand or low in supply, as requiring Toyken immediately.

We have in-depth experience promoting collectible items, as is evidenced by the unique relationship we previously built with Mega Brands, allowing us to be the first to unveil a majority of Mega Bloks items globally. Our business model and relationship with Mega Brands is covered in depth in our full document.

We will be adding several niche lines not available in big box stores. These lines already have a loyal following of customers understanding that they must secure their items from specialty retailers.

B.A Toys' will also be developing ToyTrax, which is basically a ticker-like platform for the tracking of toy market values, in real time, as well as for documenting the sale and trading of high-end collectibles. This will all be powered by Toyken.

B.A. Toys Pilot, our affiliate program, is also powered by Toyken.

We are currently migrating our main site to batoys.com (g-rated version for search engines).

Additionally, we will be developing a third-party marketplace in which other sellers will be able to list toy & collectible products. B.A. Toys will charge a commission to broker the transactions. These 3rd party-sellers will be required to designate a minimum of the products they offer, as requiring Toyken. The percentage of the products requiring Toyken will be in the neighborhood of 2-3% of the items they list in total (2 or 3 per 100). They can choose to list more items for Toyken if they desire. The advantage to this will be greatly reduced listing fees and commissions per sale.

Our Toyken offering will be LIVE from The Waves Exchange on May 4th, 2019!

Toyken pricing will be calculated to reflect 50-70% of its minimum, on-site(badasstoysforbadassboys.com) redemption value, Check our main site for additional details including our team, white paper & updates to our offering!

Note: B.A. Toys was founded as a Bootstrap startup!
(definition) is a situation in which an entrepreneur starts a company with little capital. An individual is said to be bootstrapping when he or she attempts to found and build a company from personal finances or from the operating revenues of the new company.

It requires strict budgeting and management accountability. It teaches one how to succeed creatively, stretching resources, networks and money as far as you can. Bootstrapping can rarely be taught; It is a particularly powerful and priceless skill set, one that is severely lacking from cryptocurrency projects.
7.7
TOTAL SCORE
6.5
ICO PROFILE

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TEAM PROOF

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General
Website: Visit
White paper: Read
Bounty: Bounty
Pre-sale Time: 04 May 2019 - 31 May 2019
ICO Time: 01 June 2019 - 18 June 2019
Country: USA
Token info
Ticker: Toyken
Platform: Waves
Token Type: Waves
Available for sale: 85,250,000 Toyken (85.25%)
Financial
Raised $ 3,500,000
Pre-sale Price : 1 Toyken = 0.04 USD
ICO Price: 1 Toyken = 0.06 USD
Accepting: WAVES, BTC, ETH
Hard cap: 5,000,000 USD
2010
As a bootstrap startup, Jeremy Buse acquired badasstoysforbadassboys.com, began selling toys, collectibles and pre-orders to the general public. Same website today but Is known primarily as B.A. Toys®. <br /> <br /> Registered Trademark <br /> <br /> Serial Number 87717855<br /> <br /> Registration Number 5523958<br /> <br /> Word Mark B.A. TOYS<br /> <br /> Status 700 - Registered<br /> <br /> Status Date 2018-07-24<br /> <br /> https://trademarks.justia.com/877/17/b-a-87717855.html
Q1/Q2 2019
Upgrade Website to include internal/external functions of Toyken including but not limited to: website upgrade/development, interactive product enhancements displaying Toyken requirements, live time Toyken prices on said designated items, and interactive charting of historical prices for all items on our website. Additionally upgrade our affiliate program, rewards program and loyalty program to be powered by Toyken.
Q1 - Q3 2019 +
Broaden and expand B.A. Toys offerings to include new wholesale accounts that offer even more appreciating collectible items. This will further enhance the demand for Toyken. Popular manufacturer and distributor product lines and placements can take anywhere from 3 months to 18 months setup prior to new product releases. We will have many new lines in place for Christmas 2019.
2020
Develop B.A. Toys Marketplace, a 3rd party sales platform for Toys & Collectibles only. B.A. Toys will provide guidance and wholesale opportunities to qualified Toy retailers through the B.A. Toys Power Membership powered by Toyken. Sellers on our BAToys.com 3rd party marketplace must designate a certain percentage of the total number of collectible items they have for sale on said marketplace to be traded in Toyken(likely 5% at minimum). This means if a seller has 300 items for sale on said marketplace, 15 of them will be traded only for Toyken. BAToys.com will do the conversions for them, they will just need to set their wallet id and specify said products through a product-feed-file or by clicking a button if they are small sellers that create products one at a time.<br />
Screenshots taken on 7 Apr 2019
Jeremy Buse
B.A. Toys Founder Toyken Project Lead
Participates in a number of projects
Frank Melson
Sponsorships, Team Events
Participates in a number of projects
Stanley Schmidt
Diversity Leader, Sassy Social Media Hammer
Participates in a number of projects
Andrey Sergeenkov
PR Advisor
Participates in a number of projects

Advisors (0)

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