Launched in July 2017 with no premine and no ICO, BiblePay describes itself as a decentralized autonomous cryptocurrency that gives 10% to orphan-charity (with Sanctuary governance). The project is passionate about spreading the gospel of Jesus, having the entire KJV bible compiled in its hashing algorithm (POBH). BiblePay (BBP) is deflationary, decreasing its emissions by 19.5% per year.