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Unbanked (formerly Ternio BlockCard) Updates
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Jun 10
2020

Ternio BlockCard SOLD OUT 💳+ other great updates 🚨

We did it!  Our campaign on Republic has sold out and $1,070,000 was raised from over 3500 investors!  Ternio is now in a very exclusive club of companies on Republic that hit the maximum allowable raise under Reg-CF rules.  Everyone at Ternio is very excited and we could not have done it without everyone's support and belief in us.  Here is a quick video message from Daniel and I!

https://www.youtube.com/watch?v=YG87rPyRgcY

The investor demand for Ternio has been significant and we received countless messages from those who wanted to invest, but couldn't get in once we sold out.  Congratulations to everyone who was able to secure their spot.  For those that haven't yet - I did hear that some early investors on the waitlist were able to invest, but many others have not received word yet.   We are in the final hours of closing our campaign so everyone should get the final word in the coming days. 

Investor Perks

Many of our investors have received perks based on their investment.   Our process for these perks will start approximately 30 days after the campaign close.  This is a manual process for us, so we need to first ensure the contributions are closed and then get everyone's appropriate contact information for delivery. 

Investor Portal

I am in the process of setting up an investor portal that should be ready in approximately 30 days.  This will allow Ternio Investors to login and get all of the necessary details surrounding their investment.   It will also act as a communication platform for us to keep investors up to date on new products, developments, partnerships, and more.   We will continue to use Republic as well to keep our Followers up to speed.  Just because you may have missed this round doesn't mean their won't potentially be opportunities in the future. 

New Ternio Website

We overhauled the Ternio website and I have to say..... it looks awesome! 😎   It does a great job highlighting all of our capabilities like debit cards, bank accounts that support cryptocurrency, as well as our high speed blockchain framework.  Feel free to browse when you have the time!

We also released the Crypto Bank Account page on the BlockCard website.   We are gradually opening up these bank accounts to US consumers and initial feedback has been great.   It's important to us that everyone has a positive user experience, so the gradual roll out has been helpful in pinpointing any problematic areas and creating a fluid user experience.   This is a feature our entire team has been very exited about!

Technori Interview

You may recall a few months ago I was invited on the Technori radio show (out of Chicago) to give a pitch.  Scott and team invited me back to provide an update on Ternio and pitch again.   When we recorded the video interview, Ternio had raised about $750,000.  By the time the video was released a week or so later we had already raised the remaining $250,000 and sold out!  You can checkout the full video here: https://youtu.be/mfBeEJ_WRsI

New Hires

I'm happy to share that we have also expanded our team and brought on new people to help around customer service, marketing, and engineering.   We are being mindful of how we hire and don't want to expand outside of our means, but our month-over-month grow is increasing and between growing revenues and the new investor capital, we will easily be able to support the new members of the Ternio family! 🙂

Ternio Store

Another company in the blockchain space approached us to build a Ternio store!   If you're looking for some Ternio swag (shirts, hats, mugs, etc.) then I recommend you check it out.   We don't make any money off it, but we also didn't pay anything for it.  We're always happy to partner with strong companies in the blockchain space who are pushing real crypto adoption and this is a great option for Ternio supporters.

I used my BlockCard this morning to make my first purchase from the store! 🤓https://twitter.com/IamIanKane/status/1270729117630181376?s=20 


That's all for now!  Stay tuned for more developments in the coming weeks.  I plan to keep everyone up to speed on our progress.  Our journey is just getting started!

Profile picture of Ian Kane
Ian Kane
Unbanked (formerly Ternio BlockCard)
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Profile picture of Mike Duffey
Mike Duffey
6 years ago
Was not happy with my first opening deposit. Fees are pretty steep. Cost $15 on a $111 deposit so only kept $97 and have to leave $10 of that. So, lost $30 dollars total ($5 withdrawal fee to deposit the $111) to self fund my own account with $87 buying power. Doesn't make good business sense to me.
0 Like Reply
Profile picture of Ian Kane
Ian Kane @mike-duffey There are no fees to deposit crypto funds or withdraw TERN. What you likely experience is a change in value of cryptocurrency (the underlying asset).
6 years ago
2 likes
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6 years ago
Profile picture of Mike Duffey
Mike Duffey @ian-kane well, my other bitcoin didn't drop $30 dollars in mere minutes it took to transfer or i would find that explanation plausible. I believe it is stated as a transaction fee, but will double check.
6 years ago
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6 years ago
Profile picture of Mike Duffey
Mike Duffey @ian-kane i purposely made a deposit over $100 to receive the $10 credit as an investor, to test things before transferring additional funds. Started with $117 and only got $97 deposited of which I commit $10, understandably for minimum deposit.
6 years ago
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6 years ago
Profile picture of Joseph Joyce
Joseph Joyce
6 years ago
Congrats. Ternio! Looking FORWARD to our GROWTH!
1 like Reply
Profile picture of Michael Islas
Michael Islas
6 years ago
Hello I like the way you run everything you think of everything integrated mosaic format in bringing everything together very good! High fives 🙌
0 Like Reply
Profile picture of Isaac Hernandez
Isaac Hernandez
6 years ago
Congratulations lets keep moving forward what a great news!!!!!
0 Like Reply
Profile picture of Rosa O Daza
Rosa O Daza
6 years ago
Super excited to be apart of the New Future ahead. I'm happy to be off the waitlist.
0 Like Reply
Profile picture of Cheryl Johnson
Cheryl Johnson
6 years ago
Yay!!!! We did it!!!
0 Like Reply
Profile picture of Derrick Smart
Derrick Smart
6 years ago
Congratulations we did it
0 Like Reply
Profile picture of Martin Hernandez
Martin Hernandez
6 years ago
Finally got my card used it loved it!
Desperately waiting on my bank account set up for easy funds transfer.
And now I’m a investor I’m sure it’s going to get better and I’m on the inside for the ride !!!!!!!!
1 like Reply
Profile picture of Lauralee Wright
Lauralee Wright
6 years ago
I invested some money before Ternio closed was on waitlist don’t know where money went?
0 Like Reply
Profile picture of Carl Wells
Carl Wells @lauralee-wright I had issues at one point with my investment status. Email the Republic support team and they can give you all the details on your investment. Hope this helps!
6 years ago
0 Like
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6 years ago
Profile picture of Carter Brown
Carter Brown
6 years ago
Congrats and very happy to be an investor.
2 likes Reply
Profile picture of ARLEN H. PROFFITT
ARLEN H. PROFFITT
6 years ago
I am so glad your campaign has been so successful and so quick. I am proud to be an investor in your company and its breakthrough technology. I know you will go a long ways.
0 Like Reply
Profile picture of Edward dickson
Edward dickson
6 years ago
Will there be a wait list to invest?
0 Like Reply
Profile picture of David Turay
David Turay
6 years ago
nice but i was a little late,,, hope i will be part of this successful campaign
0 Like Reply
Profile picture of Kristine Baron
Kristine Baron
6 years ago
Yayyyy.. congratulations!! What a blessing!!
0 Like Reply
Profile picture of Kathleen Ayers
Kathleen Ayers
6 years ago
Congratulations!
0 Like Reply
Profile picture of Dionte Gilmer
Dionte Gilmer
6 years ago
I'm so glad to be apart of this.
0 Like Reply
Profile picture of EMMANUEL UWANGUE
EMMANUEL UWANGUE
6 years ago
congratulations and so happy to be part of this
0 Like Reply
Profile picture of Jaycine Williams
Jaycine Williams
6 years ago
@ian-kane If I am not able to get in on this now in any way shape or form, will you all go to the stock market? Because I know about you all, I would like to purchase shares as soon as possible or what will be your stock code? Thanks in advance for your prompt response.
1 like Reply
Profile picture of Jaycine Williams
Jaycine Williams
6 years ago
I want to get in on this! I am on the waitlist and will wait to see if there's room however, I would like to know if you all are campaining anywhere else? I don't want to miss this oppurtunity and I am just finding out about this. It sold out way before the campain ended. Congrats to all!
0 Like Reply
Profile picture of laxman dahal
laxman dahal
6 years ago
billions $ company happy to part of journey
0 Like Reply
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