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BuyAnyLight

IEO Ended
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BuyAnyLight (BAL) is an innovative platform that strives to revolutionise the process of LED light sourcing by making it simple, trustless, secure and efficient. It aspires to reduce the role of intermediaries while offering lighting products at the most competitive market rates. At BuyAnyLight, our utmost priority is to be the top choice LED lighting solution for all sorts of lighting products, whether residential or commercial. Learning from our industry experience of around half a decade with Almani Lighting LLC, Dubai, UAE, we have found out that the industry is still using outdated methods and tools for sourcing. Consequently, there exists a significant trust deficit between light sourcing companies and buyers, which often result in unwanted product deliveries and delayed payments. Moreover, the payment process is hectic and mainly involves several payment processors or banks, which not only hinders the process but also adds to the costs. With BAL Platform, we resolve all such issues by harnessing the power of blockchain combined with artificial intelligence (AI) and Big Data technology, ensuring that consumers and manufacturers get access lighting products in a seamless, secure, and cost-effective way.
Standout Features:
1. BuyAnyLight (BAL) is associated with Almani Lighting which is a leading light sourcing company in the UAE market
2. BAL is a fully established marketplace. You can start sourcing lighting products now at your website buyanylight.com
3. BAL Platform offers a seamless and user friendly Interface
4. BAL offers filtered quotations that add to convenience for buyers
5. BAL Platform enables trustless payments
6. Cheapest prices for buyers by connecting them with the right manufacturers while ruling out the role of retailers
7. Sellers can enjoy the benefits of e-commerce without having to develop a front-end store
8. Reduced transaction costs enabled by blockchain and tokenized payments
9. Liquidity offered through tokenization and listing on crypto-asset exchanges
10. Offering a token with by real-life utility within the BAL lighting marketplace
11. SEED Round Investment of USD 2 Million is already achieved
9.3
TOTAL SCORE
9.2
IEO PROFILE

(weight: 45%)

9
SOCIAL ACTIVITY

(weight: 35%)

10
TEAM PROOF

(weight: 20%)

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General
Website: Visit
White paper: Read
Bounty: Bounty
Pre-sale Time: 01 Nov 2019 - 31 Jan 2020
IEO Time: 01 Feb 2020 - 29 Feb 2020
Whitelist/KYC: KYC
Country: United Arab Emirates
Token info
Ticker: BAL
Platform: Ethereum
Token Type: ERC-20
Available for sale: 16,500,000 BAL (30%)
Total supply: 55,000,000 BAL
Financial
Pre-sale Price : 1 BAL = 0.25 USD
IEO Price: 1 BAL = 0.30303 USD
Accepting: ETH, BTC, Fiat
Soft cap: 4,000,000 USD
Hard cap: 8,000,000 USD
2014
Establishment of Almani Lighting GmbH, Germany.
In depth analysis and visits to the world’s best LED manufacturer.
2015
Establishment of the Almani Lighting LLC, Dubai, UAE Branch.
Cooperation with ASAS Holdings, Dubai, UAE.
A range of 50 products in acrhitectural and residential lighting.
2016
Inception of the idea for the BAL Platform.
Initial research and feasibility.
Recruitment of technical team for BAL Platform development.
Platform development initiated.
Product range covering 100 products in architectural, residential, commercial and decorative lighting.
2017
ASAS Holdings invests in Almani Lighting LLC and acquires 51% ownership.
Establishment of a state-of-the-art Dubai showroom.
Warehouse expansion.
Several prestigious projects in UAE completed.
Product range covering 250 products in architectural, residential, commercial and decorative lighting.
BAL LightFinder and My Home Features Testing.
Q1-Q2 2018
Team Expansion.
New two-story office in Dubai Investment Park.
Product range covering 600 products in architectural, residential, commercial, decorative, industrial and outdoor lighting. Completion of two Sheikh palaces for the ruler of Sharjah emirate.
Q3-Q4 2018
BAL website development.
BAL My Tower testing and implementation.
Collaboration with Fiat Partner.
Q1 2019
BAL Online Platform release.
Biggest LED lighting portfolio within the LED industry for a single brand (Almani).
Cooperation with 100+ high quality LED lighting manufacturer.
BAL backend development Phase 2.
Q2 2019
White Paper drafting for the BAL Platform.
Centralized platform development completed and ready for community and manufacturers review.
Token generation event.
Seed Round Sale.
Seed Round successfully completed and raised USD $2 Million.
IEO planning and meetings with the most reputable crypto exchanges.
Q3 2019
Marketing Campaign Kick-off.
My Home, My Tower, LightFinder brochure development.
Private funding initiatives.
Release of yellow paper (Technical Paper).
Exchange listing and public sale i.e., Initial Exchange Offering (IEO).
BAL nominated at Light Middle East for the most exciting startup, and its founders for “Personality of the Year”.
Q4 2019
Hiring blockchain developers and corporate restructuring.
Smart Contracts research and implementation.
Smart Contracts and Blockchain Architecture development started.
Participation in Roadshows.
Sponsorship of German embassy for Dubai Roadshow.
Q1 2020
Desktop wallet development started with Crosschain asset transfer functionality.
Marketing expansion.
Blockchain testing and improvement.
Participation in EXPO2020 projects.
Q2 2020
Team expansion for hiring AI and Machine Learning specialists.
Research on artificial intelligence, machine learning, big data, and predictive analytics.
and their application within the BAL platform.
Mobile wallet application development started.
Q3 2020
Business expansion into Scandinavian and Indian markets.
Blockchain Integration on Testnet.
Q4 2020
Participation in roadshows and world business summits
Desktop wallet beta version release, a non-custodial multi-currency light wallet allowing users to send, receive, and the eventually exchange of funds over Lightning Network without needing to download full blockchains.
Release of a mobile version of the BAL wallet. This application will be compatible on all devices and allow users to access our wallet and its features directly from their mobile device.
On-chain logistic, freight tracking functionality development initiated. This will enable blockchain based traceability of logistics and freight activities happening within our ecosystem.
Q1-Q2 2021
Develop first reference implementation of the BAL network using the blockchain framework
Substrate and provide a public testnet. The network will be reviewable by the community.
Desktop wallet alpha version launched with the functionality of Crosschain Swapping. This will allow users to transact multiple currencies directly, without converting via third-partyexchange.
Mobile wallet alpha version release.
Q3-Q4 2021
Mainnet release.
Migration from Ethereum to patented blockchain.
Optional API development to enable better decision-making and more efficient energy usage.
Business expansion to American markets.
2022-2023
On-chain logistic, freight tracking functionality implemented.
AI based Smart Contracts implementation.
Development of BAL Exchange for enabling digital asset trading.
Development of BAL Custodial Platform.
2023-2024
BAL As a Business: BAL In the Construction Industry
Development of BAL Tokenization platform.
Johannes Eidens
CEO & Founder
Takes part in this project only
Martin Heyen
Co-Founder & CFO
Participates in a number of projects
Leo Vicente
Chief Technical Officer
Takes part in this project only
Rene Rowell dela Rama
Director of Blockchain Integration
Takes part in this project only
Rizvi Iqbal
Blockchain & DLT Specialist
Takes part in this project only
Artem Gordadze
Marketing Specialist
Takes part in this project only
Nantha Kumar
Sales Director
Takes part in this project only
Marc Vazquez
Sourcing, Production & Investors Relations
Takes part in this project only
Ryan Quines
Design Lead
Takes part in this project only
Zain Ul Abdin
Senior Architect
Takes part in this project only
Shajudeen Yousf
Lighting Design Architect
Takes part in this project only
Ammar Mohamed
Lighting Design Architect
Takes part in this project only
Muhammad Younas
Content Lead
Participates in several projects
Chad Hanson
Social Media, Community Manager
Takes part in this project only
Maria Carron Igloso
Investor relations and Public Relations Manager
Takes part in this project only
Tiffany Anggot
Director Of Strategic Partnerships
Takes part in this project only
Juliane Schreilechner
Training Consultant
Takes part in this project only

Advisors (7)

Khalid Almutawa
Participates in a number of projects
Sebastijan Eder
Takes part in this project only
Ralph Kattan
Takes part in this project only
Alexander Vogt
Takes part in this project only
Moritz Eidens
Takes part in this project only
Mohsin Irshad
Takes part in this project only
Janis Leitans
Takes part in this project only
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