With the advancement of technologies like Blockchain, Artificial Intelligence (AI), Intelligence Augmentation (IA), internet of things (IOT), BigData, among others, as well as the influence of technology in the global world, Vincent Callebaut, who is a Belgian ecological architect, decided to explore and use technologies to launch a smart beverage self-service machine dubbed Selfbar Table, as part of the quest to create an autonomous system that makes everyone’s life easier.
SelfBar Table is a self drinking machine with cashless payment based on an Economic System Innovation and combination of Blockchain, AI, IoT and Smart RFID digital technologies. SelfBar is the very first application of a new innovative economic model in mimicry with nature, which is based on real services, useful systems and a fair philosophy.
SelfBar CEO Callebaut therefore disclosed that the new innovation took 10 years of research and development, after which, he realized a remarkable initial coin offering (ICO), a fundraising carried out by issuing tokens (digital tokens) that will be used as a means of payment in its new debit system.
However, Callebaut went further with
The SelfBar innovation and came up with the initiative called SelfBar Utility Token (SBAR). SBAR is the “Utility Token” used by the SelfBar table: a self-service beverage machine with cashless payment.
Meanwhile, SelfBar announced the start of SBAR Trading Competition on the 10th of September 2021 at 12:00 UTC and disclosed it will run through till 24th of September 2021 at 12:00 UTC.
The company disclosed the condition of the trading competition, which is to trade a minimum amount of 100 SBAR tokens during the contest on LATOKEN’s account and the top-50 traders will get a share of 2800 SBAR tokens.
SelfBar added that in order to participate and receive your reward, interested participants are required to pass KYC Tier 2 or higher on LATOKEN and for non-US citizens’ only, traders with zero fee account and self trades will not be counted.
However, the company said in this collaborative ecosystem, all players are winners, stressing that prizes distribution will begin at the end of the contest, which is on 24thof September 2021 at 16:00 UTC and will take up to 5 business days. Meanwhile, SelfBar stated that for clarifying information and in depth knowledge on the SelfBar ecosystem, the CEO Vincent Callebaut, will give a conference to explain deeply SelfBar ecosystem on 30th of September at 6PM.
SelfBar also said that the SelfBar machine which is a Belgian smart drink dispenser project that has caught the eye of investors and has made the first private cryptocurrency issue, three times oversubscribed, will be presented to the public during the “L’utopie réaliste” exhibition. The company went ahead to urge the SBAR community, especially those located in Brussels to join the conference and also the exhibition and experience a self drinking machine with cashless payment.