BITBOND : A FIRST GERMAN SECURITY TOKEN OFFERING

Bitbond Overview

The Bitbond platform is a decentralized platform with the intention of providing and lending loan to businesses at an affordable rate.It is a first of its type and it is a global lending platform, built on the blockchain technology to connect creditworthy borrowers with individual and institutional investors. It (Bitbond) was birthed in the year 2013 and is situated in Berlin, Germany.It looks forward to creating €5 million for equity in financing from venture capital funds and business angles, € 13 million worth of SME loans funded over 80 countries, as a plus over 3000 loans has been funded on the platform. They provide retail and institutional investors with finance for business loans globally.

What Bitbond Stands For

Bitbond dedicates its time to six core values, with these values they tend to influence every decision and step they make or take, it also include the way they treat the community.

Commitment to winning : the Bitbond platform within the year 2013 till date has grown from a two person platform into a multi-million dollar platform, winning is what we are committed at gaining
The success of its customers : it is also Bitbond's primary goal to see to the success of its customers, they make sure to help their customer achieve extraordinary things.
Efficiency to work: In a step to build a possible best service for its community, a team of 26 persons puts all hands on deck to make this a reality.
A positive attitude : being able to serve 150,000 borrowers and investors is not an easy task, but they have devised a means to serve all customers with a mindset to satisfy them.
5.Acquiring and sharing knowledge : at Bitbond they share knowledge whether internally or externally.
Excellent results : both the investors and borrowers are benefiting from the platform, since over 2,000 borrowers are funded and investors earn thousands in return, all on the Bitbond platform.

Bitbond's business model

The platform makes revenue by charging borrowers an origination fee and repaying fee to the investors.
The fee for origination range from 2-3% in the loan amount while repayment fee ranges from 0.5-1.5% for total repayments.

Features Bitbond

Key markets: Bitbonds looks forward to extend their lending business all around the world, borrowers will not be restricted by location or country, in countries like Great Britain, French, Spain, Kenia, and Italy, Bitbond has already acquired borrowers.
Organizational structure : The purpose of Bitbond is to operate online platform for brokering Bitcoin loans digital, and cryptocurrencies between lenders and borrowers.
Trend information: The Bitbond platform do not have any idea about any trends, uncertainties, demands, obligations or events that are likely to have a material effect on its prospect, not at least in the financial year.
Profit forecast or estimate : Bitbond do not in any way makes a profit forecast or profit estimates.

Bitbond accepts the following currencies
i. Euro (SEPA)
II. Stellar(XLM)
III. Bitcoin(BTC)
IV. Ether (ETH)

Token Distribution

Legal advice 120.000 EUR
Marketing and sales 400,000 EUR
Audit and acquisition costs 1,785 EUR
Software development 80,000 EUR
Interest expense for pre-financing 8,000 EUR
Max rewards for Affiliate Partners 5,000 EUR

Conclusion

The Bitbond platform came on board to help alleviate the issue of capital in a business about to start up, they will help fund these business by funding them and lending funds, to help boost the business, Bitbond is not restricted by any boundaries or country, business men/women can reach out to Bitbond from any part of the world and they will be right there to meet their needs. Bitbond will make lending of money and paying back affordable and less stressful, where a customer can pay back a loan without difficulty.

For More Information;

Website: https://www.bitbond.com/
YouTube: https://www.youtube.com/user/Bitbond
Instagram: http://instagram.com/bitbondofficial/
Twitter: https://twitter.com/Bitbond
Facebook: https://www.facebook.com/Bitbond/
Telegram: https://t.me/BitbondSTOen
LightPaper: https://www.bitbondsto.com/files/bitbond-sto-lightpaper.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=5130337.0
Prospectus Link: https://www.bitbondsto.com/files/bitbond-sto-prospectus.pdf

Authors Details
Bitcointalk username => kingairdrop
Bitcointalk profile link => https://bitcointalk.org/index.php?action=profile;u=1862137
Bitbond affiliate link: https://www.bitbondsto.com/?a=TCBHOS