Welcome my friends to a new interesting ICO today and let’s see their great idea:
Global small business financing
Debitum Network enables potential speculators to straightforwardly weight venture openings and specifically put resources into SMEs (opportunity generally bolted by concentrated back part). Such biological community fills in as an impetus layer over shrewd contract structure, which can give the sensible foundation to the information and installment trade.
The project vision:
Debitum Network depends on three vital columns that guarantee its uniqueness, problematic behavior and also will guarantee positive outcomes on smalling the credit hole:
1) True decentralization
As Debitum Network is beginning business sector creator and facilitator for explaining overall credit hole by associating SMEs with worldwide financial specialists who can depend on benefit gave by nearby or territorial counter-parties, check, hazard evaluation, protection, obligation gathering. It is conceivable to draw in worldwide financial specialists to disseminate their accessible capital and pull in SMEs to acquire and fund their development; be that as it may, to make the entire biological system genuinely decentralized, worldwide and self reasonable specialist co-ops will be sorted out in groups.
A people group comprises of one or numerous nearby or provincial specialist organizations that cooperate to guarantee benefit provision.Communities will offer an interesting inspiration for every person and additionally entire gathering to wind up noticeably more trusted as when any administration is performed both the individual counter-party and their group will win or lose put stock in rating.
2) Hybrid associating crypto and fiat
Crypto isn’t perceived as a customary money in many nations (aside from Japan) and as most cryptographic forms of money are excessively unstable, most business borrowers and financial specialists in short and medium term would like to manage to advance main and premium installments in its typical inheritance way – utilizing fiat installments. Fusing credit related capital exchanges may fill in as a favor facade for any undertaking, however, the enthusiasm for such a framework will remain essentially a scholastic one for quite a long time to come. Debitum Network will utilize cryptographic money just for other financing cycle related charges and certification like token stops.
Concerning the advance related capital, the project takes a gander at it as “physical merchandise” that can be managed off-the-blockchain with reference to it on the blockchain. The biological community has an assigned part – fiat facilitator – to deal with all fiat exchanges, make important records on the blockchain utilizing shrewd contracts and guarantee that the environment can be utilized from the very first moment. Mixture approach enables us to consolidate current condition of business hones and blockchain framework to have an operational environment from the very first moment. In the meantime, it doesn’t prohibit to have a long haul vision of crypto just exchanges.
3) TRUST based
By joining fiat tasks and exceptionally trustable and effective blockchain based financing process Debitum Network will guarantee high enthusiasm from SMEs and speculators. As loaning is essentially determined by confiding in the borrower’s capacity to reimburse, Debitum Network will guarantee that all exchanges will interconnect with trust arbitrage shrewd get that will give target trust rating to every single counter-party and in addition groups of counter-parties.
To guarantee the objectivity Debitum Network’s trust arbitrage savvy contract will be founded on hard blockchain-based actualities like administrations’ brilliant contracts occupied with, advance central sum worked with and other. This will enable speculators to obviously observe the trust level of included counter-parties in each and every financing bargain and in addition will rouse borrowers, specialist organization groups and individual counter-parties to act dependably.
How it functions:
- Contribute to Debitum Network and get your DEB tokens.
- Debitum Network – answer for private ventures financing
- Your benefit becomes together with Debitum Network
As Debitum Network becomes around the world, with an exceptionally restricted measure of DEB tokens in the market, the estimation of procured tokens could well increment.
The project key benefits/advantages:
- Debitum Network can begin speedily and develop quick.
They are now specialists in elective decentralized financing. There’s a completely working system of individual speculators and global assets, in addition to subsidizing demands from SME’s, as of now pausing.
- Debitum (DEB) – It’s reasonable
The Debitum token will fuel each exchange on Debitum Network. Along these lines, turning into a feasible digital currency that’ll develop in an incentive after some time as the Debitum eco-framework turns out to be broader.
- The group have effectively built up a practical MVP
– Full Blockchain foundation Runs on ETH
– Based on genuine financing demands from SME’s
- Incorporated DEBIFO – an alternative finance company
- Joined Mintos p2p finance platform
- Reached financing agreement with a private debt fund MUNDUS
- Envisioned Debitum ecosystem
- Reached 3M EUR portfolio, nearly 20M EUR asset turnover
- Expand core team with business and technology advisers
- Establish global business development team
- Build and deploy MVP version on Ethereum Ropsten blockchain
- Align with first counter-parties of ecosystem
- Launching of the marketing campaign
- Expanding the Debitum Network community
- Incorporating Debitum Network
- Crowdsale Round A – Raised 1,2 M USD
- Crowdsale Round B
- Product development start
- Expanding Debitum Network team to prepare for global expansion
- Establishing Debitum Network in the first target country
- Testing and auditing Debitum Network 1.0 before public launch
- Develop Debitum Network ecosystem version 1.0 with manual on-boarding of asset generators, investors and additional service providers
Debitum has been designed and created by a highly experienced team of technology experts. The team’s members bring together expertise that gives them a deep understanding of the challenges faced by many crypto enterprises including the legal, regulatory and compliance issues.
- Mārtiņš Liberts – CO-FOUNDER / VISIONARY
- Donatas Juodelis – CO-FOUNDER / PARTNER RELATIONS
- Justas Šaltinis – CO-FOUNDER / FINANCING OPERATIONS
- Mažvydas Mackevičius – TECHNOLOGY LEAD
- Märt Lume – LEAD PRODUCT MANAGER
- plus the Debitum team & advisers
- Token: Debitum.Network
- Abbreviation: DEB
- Platform Ethereum
- Accepting ETH
- Supply: 400m DEB
- 1 ETH = 6500 DEB + Bonus
Tokens Sale Availability:
- Start date: 25.Jan.2018
- End date: 25.Feb.2018
About the author
My passion for everything that means cutting-edge technology, blockchain, cryptocurrency, ICOs and not only made this article to be alive. I’m Alex Hummels and I wish you “happy reading” of others of my articles. Thank you all.