Bitbond: First Global Lending Platform
Bitbond STO Project Overview
Bitbond Token (BB1) is Germany's first security token and aims to make business loans accessible globally. Bitbond is the first crypto-based loan platform for business loans operating globally. Founded in 2013, Bitbond now facilitates more than $ 1 million in business loans every month.
Bitbond makes revenue by charging origination fees to borrowers and repayment fees to investors. The token publisher is Bitbond Finance GmbH, a company wholly owned by Bitbond GmbH. The token holder will receive 1% interest from the amount invested every quarter (4% per year). In addition, token holders receive variable coupons that are paid once a year. Quarterly and annual coupons continue for 10 years, at which point tokens reach maturity and are repurchased with a nominal value of € 1 per token.
Bitbond’s mission
The mission of Bitbond is to make investing and financing globally accessible.
Bitbond is the first decentralized business-lending platform operating worldwide
Security Token
Regulated financial institution
Solid returns for investors
Instant token liquidity
Blockchain powered global payments
Automated credit scoring
Global partnerships
Bitbond Benefits
Bitbond project did not appear by chance, it was preceded by various problems that have met and still occur in all countries of our world. Almost every second small and medium-sized entrepreneur is faced with the lack of adequate funding for his or her business ideas or a ready-made working model. As a rule, they seek financial assistance from various banks or other financial institutions. Which in turn do not always have the opportunity to support every entrepreneur.
The concept of Bitbond eliminates this problem, helping to develop small and medium-sized businesses in all corners of the planet by means of high-tech tools and technologies. All they want to offer mothers now is to become part of this direction and help to develop business lending to small and medium-sized businesses became more affordable.
Bitbond Token (BB1)
The Bitbond Token (BB1) is Germany’s first security token and makes business lending globally accessible. The target return is 8%. This results from a fixed 4% p.a. interest coupon and a high 60% profit participation. The BB1 token is a superior investment because:
The return is significantly higher than with other fixed income investments.
The BB1 token is more secure and stable compared to other crypto-based investments because a legally compliant prospectus regulates your rights.
For the first time in Germany, a real security gets issued without the involvement of banks.
Use BB1STO to enjoy a 3% discount on your BB1 tokens!
Bitbond Finance will buy back the token at the original price of €1 after 10 years.
Tokens are only generated if they are bought.
BBI Token Liquidity
Bitbond Finance leverages the stellar blockchain to provide efficient and instant international transactions. As a Token holder you will benefit from:
Efficient transactions
Stellar is more efficient than other blockchains, drastically reducing the cost of global payment transactions.
Instant transferability
The BB1 is distributed to the investors’ wallets when the STO subscription period concludes and becomes immediately transferable
Easy setup
When purchasing the BB1 Token, Token holders will automatically receive a Stellar Wallet. Holders can also use existing stellar wallets.
Roadmap
07/2013
Launch of Bitbond as a peer-to-peer loan platform
06/2014
Bitbond starts its transition seller data in its credit rating process
10/2016
The German financial regulator BaFin licenses Bitbond
04/2017
Institutional debt equity and funding by Hevella Capital
10/2017
Launched improved cash flow modeling for automatic scoring
2017 & 2018
Started collaboration with Jumia and Shipping Heroes
11/03/2018
STO - Token BB1 launch date
For more information about this amazing project, please visit the links below
Website: https://www.bitbondsto.com
Telegram: https://t.me/BitbondSTOen
Lightpaper: https://www.bitbondsto.com/files/bitbond-sto-lightpaper.pdf
Prospectus: https://www.bitbondsto.com/files/bitbond-sto-prospectus.pdf
ANN thread: https://bitcointalk.org/index.php?topic=5130337.0
Facebook: https://www.facebook.com/Bitbond/
Twitter: https://twitter.com/bitbond
Medium: https://medium.com/bitbond
Reddit: https://www.reddit.com/r/BitbondSTO/
Instagram: https://www.instagram.com/bitbondofficial/
Youtube: https://www.youtube.com/user/Bitbond
Author: abeexy
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2247475
Bitbond STO affiliate link: https://www.bitbondsto.com/?a=RKOSYD