Bitbond - BitbondSTO - A platform for Bitcoin P2P loans.
Welcome everyone to my article !!! In today's post, I will introduce you to a very interesting project. I hope this article can help you get more information about the project. And with the article I bring to the purpose of information and it will not be considered as investment advice. And now we come with this project.
- Grow your business with financing from Bitbond
- Instantly available
- Invest in entrepreneurs worldwide
- The first global business lending platform
According to information I found Bitbond was founded in 2013 and is based in Berlin, Germany. This is Germany’s first BaFin regulated blockchain company worth of SME loans funded in over 80 countries. Over 3,000 loans have been funded on the platform Retail and institutional investors finance business loans globally in equity financing from venture capital funds and business angels. It can be seen that this is a big company with a long time of operation.
Website: https://www.bitbond.com
What is Bitbond token ?
The Bitbond Token is Germany's first security token and aims to make business lending globally accessible. Bitbond is the first crypto-currency based lending platform for business loans that operates globally.
Detail:
You can buy Bitbond token ( BB1 ) here: https://www.bitbondsto.com/?a=ERNLFB . Bitbond is built on the Stellar (XLM) blockchain. It tokenizes ten-year euro bonds, issuing them in the form of a BB1 token. The funds raised are used to create loans for SMEs based all around the world.
BB1 Token sale
SECURITY TOKEN: BB1 is a security token issued by Bitbond Finance GmbH (Bitbond subsidiary)
Bitbond Finance's STO prospectus is fully compliant with EU Prospectus Regulation.
ACCEPTED CURRENCIES: Euro (SEPA), Stellar (XLM), Bitcoin (BTC), Ether (ETH)
DISCOUNT CODE: Use BB1STO to enjoy a 3% discount on your BBI tokens!
MATURITY: Bitbond Finance will buy back the token at the original price of €1 after 10 years.
ISSUE: Tokens are only generated if they are bought.
BB1 Token returns
Token holders receive:
- 1% of the invested amount 4x per year (4% p.a.)
- A variable component paid out annually (60% of the pretax profits of Bitbond Finance)
BB1 Token liquidity
Bitbond Finance leverages the Stellar blockchain to provide efficient and instant international transactions.
As a Token holder you will benefit from:
- Instant transferability: The BBI is distributed to the investors' wallets when the STO subscription period concludes and becomes immediately transferable
- Efficient transactions: Stellar is more efficient than other blockchains, drastically reducing the cost of global payment transactions.
- Easy setup: When purchasing the BBI Token, Token holders will automatically receive a Stellar Wallet. Holders can also use existing Stellar wallets.
With what I find out, 1 bb1 will be stable at the price of 1 $. Because this is simply a STO project.
Roadmap
07/2013: Launch of Bitbond as a peer-to-peer lending platform
06/2014: Bitbond kicked off its transitional seller data in its credit rating process
10/2016: Bitbond obtains licence by German financial regulator BaFin
04/2017: Equity and institutional debt funding by Hevella Capital
10/2017: Rolled out enhanced cash flow modelling far automated scoring
2017 &2018: Start of cooperation with Jumia and Delivery Hero
11/03/2018: STO launch date - BB1 token
Their route was started by a well-known company in the financial sector. And the plan to change the strategy to the blockchain segment will be a very interesting thing. Because you may know that with Blockchain technology has shown the advantages that it brings. So I would look forward to this combination of the project.
Partnerships
Because the project was founded by a company that has had many years of experience on the partners you see here is what shows that this is a big company and has a lot of experience in the financial sector.
Conclusions
Overall this is a project that will benefit investors. Everything about the project is very clear. Also you can refer to their products at: https://www.bitbond.com/resources . I appreciate the clarity of the project in everything they provide. But I still hope that this article will give you information about this project, if the above information is wrong. You may leave a comment below the article so I can correct it to be most reasonable and accurate about this project. Overall everything is perfect, thank you for your interest in this article.
Social Media
Website: https://www.bitbondsto.com/?a=ERNLFB
Lightpaper: https://www.bitbondsto.com/files/bitbond-sto-lightpaper.pdf
Telegram Group for investors: https://t.me/BitbondSTOen
Facebook: https://www.facebook.com/Bitbond/
Twitter: https://twitter.com/bitbond
Bitcointalk profile Author : https://bitcointalk.org/index.php?action=profile;u=2239114