Bitbond is the primary global commercial enterprise lending platform. Bitbond became founded in 2013 and is based totally in Berlin, Germany. Over 3,000 loans had been funded at the platform. Bitbond is the first global business leading platform, with significant highlights, that follow
• Bitbond was founded in 2013, Berlin, Germany
• €5M in the equity finance from capital funds and business angels
• €13M+ worth of SME loans funded in about 80 countries
• About 3000 loans were funded on this platform
• Retail and institutional investors finance business loan at global level
• This is Germany’s first BaFin regulated blockchain company
Bitbond’s business model
Bitbond makes revenue by charging origination fees to borrowers and reimbursement fees to traders. The origination fees variety from 2–3% of the mortgage quantity. The reimbursement price levels from 0.5–1.5% of the overall payments.
What’s Bitbond Finance?
The company of the token is Bitbond Finance GmbH, an organization absolutely owned by means of Bitbond GmbH. Bitbond is the primary crypto-currency primarily based lending platform for commercial enterprise loans that operates globally. Bitbond now facilitates greater than $1 million in enterprise loans each month.
The advent of the Bitbond Token (BB1)
The Bitbond Token (BB1) is Germany’s first security token and makes commercial enterprise lending globally on hand.
The target return is 8%. This outcome from a fixed 4% p.a. Interest coupon and a high 60% earnings participation.
The BB1 token is superior funding due to the fact:
• The return is extensively higher than with other constant earnings investments.
• The BB1 token is greater secure and solid in comparison to different crypto-based investments due to the fact a legally compliant prospectus regulates your rights.
• For the primary time in Germany, an actual safety gets issued without the involvement of banks.
BB1 Token sale
• BB1 is a security token issued via Bitbond Finance GmbH (Bitbond subsidiary).
• Bitbond Finance’s STO prospectus is completely compliant with European Prospectus law.
BB1 Token returns
Token holders receive: 1% of the invested quantity 4x per yr (4% p.a.)
A variable component paid out annually (60% of the pretax profits of Bitbond Finance)
Use of funds raised:
• 40% of Investments in SME loans at the Bitbond platform
• 40% financing of junior notes to leverage available capital
• 10% provision of operating capital to Bitbond
• 10% management, advertising and marketing, affiliate program.
BB1 Token liquidity
Bitbond Finance leverages the Stellar blockchain to offer green and instantaneous international transactions. As a Token holder you may gain from:
- Instantaneous transferability
- Efficient transactions
- Easy setup
BB1 return Scenario
The scenarios show which goes back you could get from making an investment within the Bitbond BB1 Token on the discounted fee of EUR 0.95. For further assumptions are below.
Fixed coupon: 4.0% p.a. (paid quarterly) Variable coupon: 4.8% p.a. Due to a strong overall performance of the underlying SME loan portfolio with low default charges.
Fixed coupon: 4.0% p.a. (paid quarterly). Variable coupon: 3.6% p.a. Because of a sturdy overall performance of the underlying SME loan portfolio with medium default quotes.
Fixed coupon: 4.0% p.a. (paid quarterly). Variable coupon: 2.4% p.a. Due to an excellent overall performance of the underlying SME mortgage portfolio with medium default costs.
The assumptions for the overall performance of the underlying portfolio of SME loans are based totally on historical figures and a 2019 forecast. Beyond performance isn’t always indicative of destiny effects.
Terms and conditions
Use for the Bitbond STO Waitlist technique
Use practice to your participation and use of the STO Waitlist process of the Bitbond Finance GmbH.
2. Challenge, requirements, and benefits of the Waitlist method, Newsletter
We can inform members of the Waitlist system by using email about the start of Bitbond STO and invite them to sign up for participation inside the auction. We will additionally send you regular updates on the Bitbond STO by way of an email. Participation in the Waitlist method does not represent a binding offer via you or us to enter right into a token purchase agreement. It serves the sole purpose of querying potential call for tokens from STO and informing you approximately the start of the Bitbond STO in a well-timed manner.
Participation within the Waitlist system is voluntary and free of fee and isn’t dependent on shopping goods or using a provider. You most effective endure the costs which are related to participation through the net. This applies to each mobile and non-mobile device.
3. Exclusion from participation / prohibited activities
• US residents, US Green Card holders, different people or organizations concern to US tax and other investors from international locations, in which the following public imparting of the token isn’t accredited and different supervised jurisdictions, are excluded from collaborating in the Waitlist method.
• Any interest that violates any applicable regulation, violates the rights of third events or violates principles of toddler/youngsters safety is prohibited.
• It is also forbidden to take any motion that might impair the smooth operation of the website, mainly to excessively overload Bitbond’s systems.
• If as a user you become aware of any unlawful, abusive, non-contractual or every other unauthorized use of the website, please notify us appropriately.
• If there’s any suspicion of unlawful or punishable moves, Bitbond Finance.
4. Legal responsibility
Legal responsibility below product legal responsibility law or for damages, which are based on a breach of assure assumed via us, stays unaffected hereby.
These situations of Participation and Use were organized in German. Translations of the situations of Participation and Use into another language are for information purposes handiest. If a translation differs from the German language model, the German language model controls.
6. Applicable Law
The law of the Federal Republic of Germany shall follow, aside from the application of the UN Convention on Contracts for the worldwide Sale of products and war of laws provisions.
Bitbond STO KYC process and online Subscription technique
Conditions of Participation and Use
Apply to participate in the Bitbond STO KYC method and the online Subscription method of Bitbond Finance GmbH. The Bitbond Finance GmbH has its registered workplace in Berlin, Germany, at the cope with Strelitzer Str. 60, 10115 Berlin.
Deliberate Bitbond STO
Bitbond intends to initiate a so-known as security Token offering (“STO”) in Germany that allows you to increase the budget for in addition business development. The issuance of the certified subordinated token-based totally bonds (“BB1 tokens”) by means of the STO is issue to German regulation.
The Bitbond STO recognize Your client process (“KYC manner”) and the Bitbond STO online Subscription system (“online Subscription procedure”) for the subscription of BB1 tokens is done completely over the Bitbond operated website https://www.bitbondsto.com/.
Well known exclusion from participation in the Bitbond STO
Natural folks to whom US American or Canadian tax regulation applies may not take part in the Bitbond STO.
Furthermore, herbal people also are excluded from participation within the Bitbond STO, who have their abode, tax house or ordinary house in a nation.
(i) In which the sale or buy of cryptocurrencies or different crypto tokens is illegitimate or is most effective authorized underneath sure situations.
(ii) Which is on the financial action venture pressure (FATF) listing of “high-threat and different monitored jurisdictions”.
(iii) That’s concern to embargo or sanctions, especially through the USA or the EU.
The KYC process and the online Subscription technique aren’t supplied to natural people or criminal entities and partnerships which are excluded from the Bitbond STO.
Customer identification in the KYC technique and registration affirmation
We verify the identity of Bitbond STO clients and, if applicable, the person performing on their behalf or the useful proprietor by way of checking the facts provided below copies of the uploaded document.
Successful customer identity is a prerequisite for confirmation of the consumer’s registration and participation within the online subscription procedure.
Participation in the online Subscription procedure
Participation in the online subscription process of the Bitbond STO is simplest feasible via Bitbond STO website and is most effective authorized for customers registered and diagnosed in accordance.
After a hit registration through Bitbond STO website, the consumer might also participate in the online Subscription process from the start till the quiet of the subscription period as provided via the Securities Prospectus
Legal responsibility underneath the German product legal responsibility law (Produkthaftungsgesetz) or for damages primarily based on breach of a guarantee assumed via us, stays unaffected. Insofar as the Telecommunications Act (TKG) is to be implemented, the legal responsibility law in a TKG stays unaffected.
The regulation of the Federal Republic of Germany shall observe to the exclusion of the UN Convention on Contracts for the International Sale of products and the conflict of legal guidelines provisions.
Bitbond STO associate-program
The subsequent terms and condition apply to the participants within the Bitbond STO associate-program of Bitbond Finance GmbH based in Germany, Berlin, Strelitzer Str. 60, 10115 Berlin, registered with the commercial check-in of the neighborhood court (Amtsgericht) of Charlottenburg below HRB 198270 B.
Eligible for taking part in the Bitbond STO associate-program as “associate associate” is most effective the following individuals or entities:
• Who’ve successfully signed as much as the Bitbond STO Waitlist and have received a customized affiliate link. As you could handiest join up as soon as to the Bitbond STO Waitlist, the affiliate partner will most effective acquire one personalized affiliate link to go directly to his/her network;
• Who have correctly completed the Bitbond STO KYC procedure and feature acquired a customized affiliate link. As you could simplest get hold of one personalized affiliate link to go on for your network, you may only receive a customized affiliate link, in case you haven’t had already signed up to Bitbond STO Waitlist.
• Rights and obligations of the affiliate associate
• The associate partner may also pass on the personalized associate link to his/her network and therewith make potential traders privy to the Bitbond STO and Token Sale.
Associate Introductions to traders
The associate can also pass on the personalized affiliate link to his/her community of capability buyers e.g. through personal messages, email, the affiliate companion’s website or social media channels.
Period of the Bitbond STO affiliate-program
The Bitbond STO affiliate-program will begin one day after the publication of the prospectus governing the Bitbond STO.
FOUNDER & CEO
HEAD OF SALES
HEAD OF CREDIT
Point Nine Capital
THE ANGEL VC
Point Nine is an early-stage Venture Capital firm from Berlin, invested in companies like Delivery Hero, Revolut or Zendesk, amongst many others.
Sky Level Group
GROUP OF INVESTORS
Sky Level is a group of experienced and serial investors who have invested in companies like Mobilike
As the co-founder and CEO of Kreditech, Alexander Graubner-Müller has been named in Forbes 30 under 30.
Janis Zech is the co-founder of Fyber & investor passionate about tech startups, bright minds & bold ideas.
Christian Vollmann is a serial investor and founder of nebenan.de. He was also one of the first investors in ResearchGate
Nelson Holzner is a serial entrepreneur and among others, he founded and exited the fintech startup BillPay
CO-FOUNDER, PROJECT A
Florian Heinemann is a Founding Partner at Project A Ventures.
Felix Jahn is a co-founder of Home24 and McMakler GmbH. He is also a renowned angel investor.
For more information
ANN Thread: https://bitcointalk.org/index.php?topic=5130337.0
Bounty Thread: https://bitcointalk.org/index.php?topic=5140584.0
Bitcointalk Username: Rachchi
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2297077