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Mission
Our mission is to provide a platform where ordinary people, along with affluent investors, can also invest in luxury goods, exquisite items, posh properties, economic zones and priceless collectibles like rare stamps, wines, watches, exotic automobiles, fine arts, artifacts and many others. We aim to provide a better alternative for people to invest in other than fiat currency or conventional investment instruments. New Babylon provides a platform for those people who have less money but also want to leverage from these asset classes. Our token has a great vision that if you want to become truly wealthy, you must pay yourself first before paying anyone else by setting aside a small amount, at least 11%, of your total monthly income for investment. New Babylon (BYN) is an immutable, transparent, secured and asset-backed token that exists as an ERC-20 protocol token in the Polygon Blockchain Network as a layer 2 solution to scale the Ethereum Blockchain Network, unlike most tokens out there that have no underlying assets or tangible value.
Vision
We aspire to include “cryptocurrency in every portfolio.” We envision a world where wealth-building strategies that were once only accessible to affluent individuals to become available to everyone, transferring the power over our financial systems back to the people. New Babylon (BYN) token is going to create a revolutionary ecosystem to bring more people into digital assets and help them invest in tokenized high-ticket investments and crypto currencies at the same time. We strive to create an ecosystem based on sound monetary policies, with a sound and solid decentralized foundation expected with New Babylon (BYN) token as a real asset-based token. New Babylon (BYN) token has the ability to maintain the privacy, security, power and autonomy of the investors.
Ecosystem
New Babylon token ecosystem is based on the three important features
Polygon Blockchain
Asset-Backed Token
Tokenization
Polygon Blockchain
Polygon, earlier known as the Matic Network, is a scaling solution that aims to provide multiple tools to improve the speed and reduce the cost and difficulty of transactions in blockchain networks. Polygon is a multi-level platform to scale Ethereum, thanks to a plethora of side-chains, all of which aims to clear with the main platform in an effective and cost-efficient manner. Polygon Network strives to solve the connectivity and advantage issues, not compromising on decentralization and taking up the existing developer community and ecosystem. Decentralized Apps (Dapps) are being suggested in huge numbers, but the current blockchain ecosystem is not ready to scale to match the demands of user applications with mass adoption. New Babylon (BYN) token is leveraging on these features of the Polygon blockchain. Polygon provides the greatest advantages over other blockchains, among others previously mentioned, if a token is launched in the Polygon network, that token will benefit from the capabilities of Polygon’s greater access to interoperable decentralized applications on diverse platforms while still enjoying all the security features of the Ethereum Network.
Benefits of the blockchain
Ethereum Compatibility
Polygon network layer is responsible for handling local agreements and blocks production while performance layer is handling the performance of the Ethereum Virtual Machine for smart contracts. Also, other features are industry dominance, established tech stack, tools, languages, and standard enterprise adoption.
Developer Experience
Polygon developers and Polygon development companies must understand that Polygon maintains very fast transactions of less than two seconds without compromising decentralization by permit stakers to choose block producers who provide the agreement for Polygon, equivalent to Ethereum, no protocol level knowledge required, no token deposits, fees or permissions.
Modularity
The modularity of Polygon for collecting custom networks allows developers to send fixed blockchain networks with just one snap. Besides this, Polygon makes it simpler for any blockchain to cooperate with another blockchain. High customizability, extensibility and upgradability, short time to market, and community collaboration.
Interoperability
The Polygon network can interact with other blockchain networks and have native support for arbitrary message passing (tokens, contract calls etc.) as well as bridges to external systems.
Sovereignty
A decentralized marketplace permanent Polygon can combine with the Ethereum blockchain. This process enables sovereign blockchains the facility to develop multi-chain systems. These systems typically see thousands of transactions occurring in a short time. Dedicated throughput/resources, fully customizable tech stack, sovereign governance.
Scalability
The Polygon blockchain project is an Ethereum scaling solution and a framework for creating and connecting Ethereum-compatible blockchain networks. The agreement aims to address some of the most urgent issues that the Ethereum ecosystem is facing today including low throughput, high transaction fees, dedicated blockchains, scalable consensus algorithms, and custom WASM execution environments.
Asset-Backed Tokens
Asset-backed tokens are digital claims on a physical asset or a portion thereof and those tokens are backed by that asset. Gold, crude oil, real estate, equity, soybeans or just about any other real physical asset can be tokenized and become an asset-backed token. Engagement in asset-backed tokens permits would-be speculators and investors to access the expensive, exclusive and locally regulated capital-raising process required by venture capitalists or banks by issuing a percentage of coins or tokens in exchange for cryptocurrencies through permissionless global blockchain networks. Tokenized assets are very different from cryptocurrencies. Tokenized assets have distinct use-cases as they offer liquidity and access that differentiates it from cryptocurrencies as tokenized assets do not exhibit the network effects such as extreme volatility or rapid appreciation or depreciation of value.
Benefits of Asset-backed Tokens
Transactions
In traditional business dealings, brokers, agents, and legal representatives can add important complications and expenses to what should otherwise be a straightforward transaction. There’s paperwork, brokerage fees, commissions, and many number of other special conditions which may apply.
More Confidential Transactions
Under cash/credit systems, your entire transaction history may become a reference document for the bank or credit agency involved each time you make a transaction. At the simplest level, this strength involves a check on your account balances, to ensure that sufficient funds are available. For more complex or business-critical transactions, a more thorough examination of your financial history might be required. Another one of the great advantages of asset-backed tokens is that each transaction you make is a unique exchange between two parties, the terms of which may be arranged and agreed in each case.
Individual Ownership
In a traditional banking or credit card system, you effectively turnover power over your funds to a third party that can exercise the power of life or death over your assets. Accounts may be closed without notice for breaking a financial institution’s Terms of Service, requiring you as the account holder to jump through circles in order to get yourself back into the system.
Strong Security
When a cryptocurrency transfer has been authorized; it cannot be reversed as in the case of the “charge-back” transactions allowed by credit card companies. This is a safeguard against fraud which requires a specific agreement to be made between a buyer and a seller regarding refunds in the event of a mistake or returns policy.
Tokenization
Tokenization is the representation, in the form of a token, of a right to physical or digital assets. The token is a sort of a container that can hold a property right on a luxury good, a share in a company, or the fractional ownership of a property. Tokenization is like crowdfunding, breaking up the value of a real estate investment into smaller chunks wherein each fraction of a real estate asset is converted into a token, then encrypted with all the details that grant ownership. The transformation of illiquid real estate investments into tokens means that a direct investment in a property is vested with the character of an indirect investment. Issuers can, as a result, secure a higher liquidity. This allows a broader group of investors to invest directly in real estate. Tokenization brings liquidity, fractional ownership, lower transaction costs, transparency and automation to the realm of physical and digital assets investing.
Benefits of Tokenization
Asset Transfer
This is the most important feature of tokenization that tokens can easily be transferred from one owner to another as it all happens in the blockchain ecosystem.
Confidential Transaction
Unlike traditional investments where every transaction must be recorded complete with your personal information that must remain private together with your entire financial history then these records become available to banks and financial institutions, it is the New Babylon (BYN) token basic feature that every transaction is confidential, encrypted and secured.
Hold Ownership
It is also a major feature of New Babylon (BYN) token for owners to be able to hold their tokens and/or cryptocurrencies while maintaining absolute authority over their own wallets and everything in them as their tokens grow in value over time based on the tokens' underlying assets
Strong Security
When you perform transactions in the New Babylon (BYN) ecosystem, you cannot reverse it so make sure that you send or receive using accurate wallet addresses and that your wallet is eligible to receive ERC20 protocol tokens in the Polygon blockchain network. Nobody can help you if you will commit that mistake of transferring or receiving to/with inaccurate wallet addresses, not even us, which will result to permanent loss of those tokens and ownership over the assets that those tokens represent. It is also your responsibility to safeguard the private keys and/or seed phrases of your wallets because when you lose them, they are lost forever as we cannot help you recover them
Token Allocation
Climate Clock
The evidence is unequivocal: we are facing an urgent Climate Emergency. Over the course of several decades, the continuous rise in carbon emissions has inflicted severe harm upon the delicate ecological and societal systems that sustain humanity. If we fail to #ActInTime, we risk incalculable ecological devastation and human suffering. However, there is still hope.
Guided by the latest scientific findings, the Climate Clock provides us with crucial information on what actions we must take and when. The Deadline and Lifelines displayed on the Climate Clock emphasize the urgency and magnitude of the measures political leaders must implement to mitigate the most severe consequences of climate change.
The Deadline highlighted by the Clock indicates that, based on current rates of greenhouse gas emissions, we have less than eight years remaining within our global “carbon budget.” Staying under the critical threshold of 1.5°C global warming, which offers a two-thirds chance, becomes increasingly challenging as time ticks away.
The Renewable Energy Lifeline presented by the Clock informs us that renewable energy sources currently contribute 12.5% of global energy production, with a positive upward trend. However, the rate of progress is far from sufficient to meet our needs.
Collectively, the Deadline and Lifeline establish our primary objective: we must #ActInTime by reducing greenhouse gas emissions and transitioning to a 100% renewable energy future.
Although no government has fully committed to this ambitious timeline, we are bound by the imperatives of science and justice rather than the convenience of elected officials or CEOs.
It is essential that we do not deceive ourselves into thinking we have more time than reality allows.
We are confronted with a single Deadline, yet we possess numerous Lifelines. Let us seize the opportunity to #ActInTime and secure a sustainable future.
THE DISRUPTORS
Mr. Elmer Francisco
Chairman
Elmer Francisco is the scion of the Francisco clan of Las Piñas City, the makers of the world renowned Francisco Jeepney for 76 years since 1947. Francisco assembled and distributed several foreign brands over the decades such as Isuzu, Mazda, Fiat, Hyundai and Mahindra along wit locally developed Pinoy utility vehicle and Infra utility vehicle that includes armored trucks and the Pope Mobile used by then Pope John Paul II who is now a saint. Francisco is now in the process of replacing all 250,000 old fossil fuel powered jeepneys into renewable powered units.
He studied BS-Physics at De La Salle University and AB-Consular and Diplomatic Affairs at DLSU-College of St. Benilde. While actively engaging in business and philanthropy, Francisco continued his studies at Harvard Business School where he took Entrepreneurship in Emerging Economies, at Massachusetts Institute of Technology where he took Machine Learning and at Wharton School of the University of Pennsylvania where he took Entrepreneurship, Business Foundation Specialization, Marketing, Financial Accounting, Managing Social & Human Capital, Corporate Finance, Operations Management, FinTech Specialization, FinTech: Foundations, Payments & Regulations, Cryptocurrency and Blockchain: An Introduction to Digital Currencies, Lending, Crowdfunding & Modern Investing, Application of Artificial Intelligence, InsurTech & Real Estate Technology, Artificial Intelligence for Business, Global Trends for Business & Society, Corruption, Social Entrepreneurship, Business Strategies for Social Impact, and Business Strategies for A Better World Specialization.
Elmer is a philanthropist who established his ElmerFrancisco.org organization providing livelihood, capital and teaching sustainable entrepreneurship to marginalized but deserving individuals. He also heavily engaged in climate change mitigation initiatives which include relief goods distribution for survivors of natural calamities, propagation of use of solar and other renewable power and promotion of plant-based food and other products to save the environment.
He was at Jaycee Chapter president at the age of 18 and a Rotarian since the age of 29 up to the present. He is the International Service Director of the Rotary Club of Makati West and a Paul Harris Fellow PHF+4. Actively engaged with the club’s high impact projects such as Gift of Life funding the heart operations of indigent children with congenital heart disease and also Gift of Mobility giving artificial limbs to amputees.
Francisco is a Co-Founder and the CEO of VetCoin Foundation Incorporated, a US registered non-profit corporation with charitable and public purposes for cryptocurrency in support of veterans, 501(c)(3) Federal tax exempt Foundation, and 509(a)(2) Public Chairty to Connect, Enable and Transform veteran communities.
Francisco was the Special Advisor to the Director General of the Philippine Economic Zone Authority for 6 years from 2016 to 2022 and currently the Investment Promotion Partner for North America of the same agency. He is also the Economic Zone and Investments Promotion Ambassador of the Office of the Governor of the Province of Camarines Norte, Bicol Region, Philippines.
Mr. Dominic Francisco
Chief Executive Officer
Dominic Francisco is the Chief Executive Officer of the 76-year-old Francisco Jeepney making company, which makes him the third generation of Jeepney makers.
He started working in the family business back in 2017 as Chief Operating Officer (COO) of the company. As COO, he has launched the brand new Electric Francisco Jeepney, spearheaded transportation fleet operations during the pandemic in order to provide transporation for frontliners, and spearheaded the launch of the e-wallet called EFI Wallet.
In 2020, he was promoted to Chief Executive Officer due to his hardwork and the knowledge he gained in the transportation industry and cryptocurrency. Since then, he has handled the Jeepney manufacturing operations, formulated and executed strategic management plans for the company’s cryptocurrency called EFI Token and its Non-Fungible Tokens which aims to finance the creation of the Jeepneys, and launched the company’s radio station called EFI Jeepney Station Teleradyo.
In 2022, he conducted a Primary Market Research for an unexplored market in the transportation industry and he is currently building the affordable Philippine-made brand new electric vehicles of the future called, "The Owner-Type Jeepney (OTJ).” The Prince of the Road.
Dr. Gil Nonato C. Santos
Science Advisor
Prof. Dr. Gil Nonato C. Santos is a Full Professor 10 from DLSU Manila and former Vice Chancellor of the DLSU Laguna Campus where he developed the Campus to be a KIST (Knowledge Innovation and Science and Technology) Hub of the Philippine Economic Zone Authority (PEZA).
He has an undergraduate and graduate degree in Physics at De La Salle University and University of the Philippines, and a Doctorate degree in Materials Science and Engineering in University of the Philippines Diliman National Institute of Physics.
He is a Research Fellow at the University of Fukui, Visiting Professor in Osaka University Quantum Engineering Laboratory, and Howard University's Atmospheric Science Research Laboratory.
He is the Research Head of the Solid-State Physics Laboratory and i-Nanolab Research facility, and has published local and international papers, patent works in Nanomaterials and textbooks for STEM Basic Education. He is the Convenor of Philippine Association of Physics and Science Instructors and was awarded Most Outstanding Service in Physics in 2010 by the Philippine Physics Society.
He received local and international research grants from CHED, DOST, US-AID, e-Asia, MECO-TECO, SEA-EU developing nanocomposite materials for Human Wellness, Environment, Energy, and Food applications.
In January 25, 2023, he was awarded the St. Jean Baptiste De La Salle Pillar of Lasallian Excellence Award for Research, Teaching, and Community Outreach.
Amb. Harry K. Thomas, Jr.
Strategy Advisor
Ambassador Harry K. Thomas Jr. is a Senior Kissinger Fellow at Yale University’s Jackson Institute and a Senior Strategic Advisor at Special Operations Command, a private business consultant and an international affairs lecturer.
Over his 34-year Foreign Service career, he represented the United States abroad as Ambassador three times and served in senior positions at the State Department and the White House. He retired in March 2018 with the rank of Career Minister.
He served as ambassador to Zimbabwe, the Philippines and Bangladesh. Ambassador Thomas also served as the State Department’s Executive Secretary and Special Assistant to Secretary Rice, Director General of the Foreign Service and Director of Human Resources, Director for South Asia at the National Security Council and Director of the Operations Center.
Ambassador Thomas speaks Spanish, Hindi, Bengali and conversational Tagalog. He is a graduate of the College of the Holy Cross and holds a master’s from Columbia University. Ambassador Thomas holds Honorary Doctorates from the College of the Holy Cross, Loyola University of Maryland and Angeles University Foundation of the Philippines and was the Commencement Speaker at these institutions.
He is a member of the College of the Holy Cross, The Asia Foundation and Care for the Homeless Board of Trustees and Chairperson of the Winter4Kids Board of Trustees. He is a Fellow of Yale University’s Berkeley College. Ambassador Thomas is the recipient of the Secretary of State’s Distinguished Service Award; the Arnold L. Raphel Memorial Award for Mentoring; the Senior Foreign Service Presidential Award and several Superior Honor and Meritorious Honor Awards; the Order of Sikatuna of the Philippines for Exceptional Service and the In Hoc Signo Vinces Award from the College of the Holy Cross.
He is married to Mithi Aquino-Thomas and has three adult children. They reside in Tampa, Florida. He is a fervent fan of New York sports teams, enjoys snorkeling, golf and connecting with social media friends in the global community.
Mr. Aron Dutta
Finance Advisor
Managing Partner of Sentinel Group Holdings, Partner, Strategy & Markets
Aron Dutta has over 35 years of experience in various operating and leadership roles in business, technology, innovation, strategic consulting & advisory services, and entrepreneurial ventures, implementing next generation disruptive technologies and business models.
Aron is the Founder of Ambika, Inc., a Business Venture Innovation Company (BVIC) focused on the next frontier of industries and economies.
Aron was a member of the IP Task Force for Digital Assets & IP Sovereignty for The Government of Bermuda. Prior to that, Mr. Dutta was a Global VP and Senior Partner at IBM, where he was responsible for establishing the Global Blockchain Center of Competency. He also spent time as a Managing Director at Cisco where he was the global head of Cisco's thought leadership and strategy on Fintech, and related investments.
Prior to his time at Cisco, Dutta was the Co- Founder and SVP of Scient Corp (SCNT: NASDAQ) where he was responsible for seven global vertical industries and the Co- Founder and GM of Viant, Inc. (VIAN: NASDAQ), which he helped take public. Additional experience includes positions at Booz Allen & Hamilton Inc., Salomon Brothers Inc, Department of Defense, TRW, and Distributed Information Systems Inc.
Aron attended New York University – Polytechnic School of Engineering and MIT Sloan School of Management and the Wharton School Executive Leadership Program – Securities Industry Institute (SIFMA).
Lt.Col. Brian Vukelic, USMC
Military Advisor
Mr. Brian Vukelic is a father, husband, veteran, and United States Marine who started as a private and then attained the rank of Lieutenant Colonel, retiring from active service after 25 years from Special Operation Command as a Strategic Planner in 2022.
Mr. Vukelic has commanded Marines in and out of combat (Iraq, Afghanistan, Western Africa) from a four-person team up to a Battalion, leading over 1000 Marines and Sailors and managing upwards of a billion dollars in equipment and facilities as well as multiple foreign advisor tours in combat. Mr. Vukelic was hand selected to be the course chief for the USMC Operations and Tactics School and assigned to the Pentagon as a Ground Combat Element (GCE) Advocate within the Marine Corps Plans, Policy, and Operations Branch. Mr. Vukelic was the expert for the GCE on Ground Combat and Tactical Vehicles and was a lead on the Amphibious Combat Vehicle (requirements, testing, employment doctrine, fielding plan, and overall acquisition).
Mr. Vukelic co-founded a 501(c)3 nonprofit to Connect, Enable, and Transform the veteran community, VETCOIN Foundation Incorporated (www.vetcoinhq.com). Mr. Vukelic holds a Bachelor's degree in Business Management, a Master's in Business Administration (MBA), and a Master's in Human Resource Management.
Mr. Vukelic is currently a member of the Program of Emerging Leaders at the National Defense University in Washington, DC, for Weapons of Mass Destruction (WMD), focusing on the proliferation and counter-proliferation of WMD and current and future Strategic US Policies on WMD.
Mr. Vukelic resides on St. Thomas with his best friend and wife, Christiana, and their Golden Retriever, Sawyer, as a current Building and Project Manager for the United States General Service Administration.
Mr. Clayton Kingman
Motorsports Advisor
Clayton Kingman is a racing driver and commercial creative with experience in various roles with a focus on delivering strategy, innovation, consultancy and advisory services across construction, technology, sports and entertainment and disruptive sectors.
Having began his early career in the construction industry, a tweet lead him to embark on a ‘Twitter to Track’ motor racing journey that took him from working class fan to driving alongside Formula One world champions at prestigious motorsport events. His creative approach to partnerships was one that didn't go unnoticed, it lead him to ambassadorial roles and then onto advising premium automotive manufactures on partnerships. He was also contracted to develop the global sales and marketing strategy for a high performance automotive brand.
Clayton's impressive journey has seen him advise on web3, augmented and virtual reality, develop commercial strategy and partnerships for a young apparel brand that led to an exit within two years, and to develop an innovative health technology platform that has global arrangements with Hewlett Packard.
He has also worked with major sporting brands to develop partnerships and opportunities, including Le Mans and UFC, and his impressive black book of contacts includes the likes of Manchester United, Formula One and Monster Energy.
Clayton has recently created the strategy and innovative digital platform for a £50m opportunity for a multi billion pound construction business in the UK.
Mr. Patrick Dionisio
Technology Advisor
Patrick Dionisio is a highly accomplished professional with a diverse range of experience across multiple industries. He is a graduate from Santa Clara University in 1995 with a degree in Computer Engineering and began his career in the technology industry in Silicon Valley. During his nearly decade-long tenure, he worked for some of the most prominent companies of that era, including Netscape, Symantec, and AOL. He also worked at start-up companies where he developed his entrepreneurial spirit.
In 2004, he founded your own company, Katana Techworks Inc., which provides software development outsourcing services.
In 2018, he assumed the role of Vice President of Sales and Marketing for P.B.Dionisio & Co., a family-owned business that has been importing and distributing firearms in the Philippines since 1949. His experience in sales and marketing, combined with his technical expertise, have contributed to the continued success of the company in a highly regulated industry.
Most recently, in 2021, he assumed the role of CTO for DigiPayPH, a fintech company providing financial services to Filipinos. As the CTO, he is responsible for overseeing the company's technological development, ensuring that it continues to provide innovative and effective financial services to its customers.
Mr. Vinci Roxas
Investment Advisor
Vinci Roxas is an investment banker, strategy consultant and social entrepreneur who has spearheaded both private sector and government initiatives to mount major international joint venture and investment deals, and currently serves or has served as director or on the advisory committees of multiple entities, among them LAB.PH (Philippine partner of the G20 Global Smart Cities Alliance chaired by the World Economic Forum), CIMB Bancom Capital Corporation (a PH-MY JV Investment Bank), Ignite Impact Fund (the First Philippine Impact Fund), and as Executive Director of the Roxas Kalaw Foundation and Mentor at the Asian Institute of Management.