Bionic Digital
Bionic Digital creates and distributes digital tokens. Because the tokens created and distributed by Bionic Digital pass the Howey Test*, they will not be securities and will not be registered with the Securities Exchange Commission (SEC) or any other governmental agency.
Our digital tokens have no monetary value, and it should be assumed they never will. However, depending upon the smart contract or algorithm used, a token could be used for a myriad of purposes. By utilizing tokens, a company could facilitate the creation of a community of like-minded people. Tokens could be used for voting on specific issues within a community. Tokens could facilitate communication and sharing of information with specific holders of tokens.
Bionic Digital may create permissioned networks, called Bionic Networks, and intends to create blockchains* or utilize existing blockchains to record and facilitate the use of tokens. There is no guarantee such networks, or blockchains, will be created, developed, or used.
By avoiding proof-of-work (“POW) protocols, our tokens and potential networks should prove to be ultra-efficient and secure.
Customer Appreciation
Bionic Digital intends to create tokens for use by affiliated companies. Bionic Digital expects to grant one token for every dollar in customer purchases. Tokens can be used to verify purchase fees, or may be developed to enhance communications with clients and for other purposes.
Proof of Gift
Another possible use case for our tokens will be for “proof-of-gift” purposes. A 501(c)(3) foundation, tentatively named The Bionic Fund (“TBF”), is planned as a near-zero-expense fund to support children’s charities. The foundation intends to maximize giving capacity by minimizing internal expenses, thus lowering overall funding costs for recipient charities. Our tokens may facilitate voting among holders to direct foundation giving, among other potential uses.
Our Story
For many years, my wife and I have desired to create a foundation to help the most vulnerable children around the world. Utilizing digital assets and digital capabilities to enhance the donor experience, we hope to incentivize donations to The Bionic Fund by giving donors a method to influence and instruct giving without the high expense of donor-advised funds,
Tokens
It is intended that tokens will be deposited directly into owner accounts at coinbase, Gemini, or another digital asset custodian, to be determined. When tokens are used for voting or other purposes, transactions are expected to be recorded on a blockchain.
Tokens will use efficient proof-of-stake (POS) algorithms. Third parties can efficiently validate transactions without energy-sucking proof-of-work algorithms.
The Bionic Digital Team
Dean Erickson
Founder, CEO
Lisa Elia
Advisor
Contact Bionic Digital
We are happy to work with bright, honest people that share our mission. Contact Bionic Digital if you are interested in offering expertise or donations to The Bionic Fund.
Email: team@bionicdigital.com
Phone: 321-574-8052