Construction Executive Magazine "Technology and Software Rundown" article

BUILD1x platform helps contractors and workers get paid, pay others and post or find jobs. BUILDBoard helps contractors connect with interactive profiles and a searchable directory for individuals and companies that serve the construction industry. BUILDComm features project locations and information, project communication, bid requests, documents and messages. BUILDPay streamlines payment with instant digital payments with automatic lien waiver execution and project funding powered by Blockchain Technology utilizing smart contracts. BUILDCash is a Security Token built on the Ethereum Blockchain and has the ability to be traded among members of the BUILD1x mobile platform for products and services.

Read More
Allison Dalvit
BUILD1x HAMMERS OUT CRYPTOCURRENCY AT 80% DISCOUNT IN PRIVATE SALE

BUILD1x offers cryptocurrency called BUILDCash at an 80% discount in a phase one private sale.

BUILD1x Founder, Trac Stephenson explains, ”We are both excited and proud to be offering a security token like BUILDCash to investors in select countries. The BUILDCash token sale is important because we are allowing select investors to purchase the tokens at a deep discount in our limited private sale for an 80% discount. Each phase of our three-phase sale will involve discounts and then a public sale, but the private sale will offer a great opportunity.”

Stephenson anticipates fast movement with the current 95 million token private sale, which is the first of three phases of this token offering totaling 455 million initial tokens with dividends for all investors.

BUILDCash (Trade Symbol B1x) is a Security Token built on the Ethereum Blockchain and will be tradable among members of the BUILD1x mobile platform for products and services.

When the BUILD1x platform launches in first quarter 2019, BUILDCash will be utilized as a viable currency option immediately. The growing user base will leverage this security token as an alternative to payments for services like premium memberships, premium ad space for finding workers and jobs, and other features to be announced when the platform launches. The BUILD1x platform helps construction professionals better connect to opportunities, share real-time critical project updates, and to pay/get paid almost instantly.

For more information about phase one BUILDCash: info@build1x.com

BUILD1x is a total “BUILD” solution that solves three main issues in the global $10 trillion construction industry: lack of real-time communication and project management, inconsistent job search and work-flow, and lack of fast pay through the project supervision chain. The BUILD1x platform creates a network for the construction industry that will provide an easy way for everyone to “Connect. Share. Pay.”

Read More
Allison Dalvit
BUILD1x PLATFORM TO RAISE THE ROOF FOR THE CONSTRUCTION INDUSTRY

BUILD1x is fired up to introduce the BUILD1x platform, an interactive solution for builders, contractors and workers to pay/get paid, post jobs/find jobs and communicate efficiently to save money and time.

BUILD1x Founder, Trac Stephenson, says, “There are literally millions of construction professionals that face challenges on a daily basis which limit their ability to perform and grow their business. Technology has ignored them… until now. BUILD1x is a mobile platform developed specifically for construction professionals to help them better CONNECT to opportunities, SHARE information on existing projects, and PAY and get paid in real-time reducing unnecessary costs.”

Launching fully in January of 2019 on iOS, Android and web, BUILD1x will provide the construction industry with a real-time ability to financially manage, hire, and communicate during construction projects more efficiently.

Stephenson says, “Together we call this CONNECT, SHARE, PAY. You connect with BUILDBoard, that’s how you find the job. You share with BUILDComm, which is how you communicate on the job, and you get paid faster with BUILDPay, which is the instant payment structure. All of that comes together to create the BUILD1x ecosystem and platform.”

Outdated construction business practices will be buried once the BUILD1x platform launches and the industry will finally catch up to today’s technology.

BUILD1x is a total “BUILD” solution that solves three main issues in the global $10 trillion construction industry: lack of real-time communication and project management, inconsistent job search and work-flow, and lack of fast pay through the project supervision chain. The BUILD1x platform creates a network for the construction industry that will provide an easy way for everyone to “Connect. Share. Pay.”

Read More
Allison Dalvit
Paper Checks in the Construction Industry are Causing a HUGE Problem

A major challenge many construction trade workers face is being unbanked or underbanked. According to a 2015 FDIC survey, 9 million households are unbanked, and 24.5 million households are underbanked.

“Estimates from the 2015 survey indicate that 7.0 percent of households in the United States were unbanked in 2015. This proportion represents approximately 9.0 million households. An additional 19.9 percent of U.S. households (24.5 million) were underbanked, meaning that the household had a checking or savings account but also obtained financial products and services outside of the banking system.”

With 10 million Americans employed in the construction industry, we can surmise that a huge percentage of them are under or unbanked. There is no direct deposit or free way to convert their paper check to available money. Each time one of these workers cashes a check, they get charged 2–3% of the payment's total. Additionally, most of the cash checking companies do not offer late, or off hours for these services, thus, these workers need to take time off work to go and get their earnings.

Read More
BUILD1x Team
Entrepreneur Magazine: Top 14 Blockchain Companies to Watch in 2018.

Despite all its myriad shortcomings, 2017 has been extravagantly kind to the cryptocurrency market. Bitcoin, Ethereum, and the like have hit all-time high values beyond what even the most optimistic enthusiast could have imagined. There are new cryptocurrencies and decentralized blockchain protocols launching daily; many of them through the process of ICOs or Token Sales.

An ICO, or Initial Coin Offering, is a way for companies to raise capital through the sale of cryptocurrencies. It works in much the same way as a startup’s IPO, except that investors buy tradeable tokens instead of shares in the company. The reason for this is simple. Since cryptocurrencies are open-source protocols meant for public use that aren’t under the control of any one entity, ICOs are a relatively easy and regulation-free to raise funding and develop ventures.

Read More
BUILD1x Team