Decentralized electronic marketplace on the blockchain

ICO Time: Apr 20 — Aug 28
Finance
20,000 ETH Raised @ 25 Feb

Debitum Network

Ended
Ended: Feb 25, 2018

Debitum Network is a distributed ecosystem consisting of various counterparties involved in small and medium businesses (SME) financing process - borrowers, risk assessors, insurers, investors, debt collectors and other counterparties - who all use Debitum tokens as the only possible means of payment among themselves when transacting within the Debitum Network.

Debitum Network is designed to unite borrowers and those who help them apply: investors (lenders), risk assessors, document validators, insurers, etc. Companies or individual professionals who work in the alternative finance space can connect-in to the network for free and immediately begin facilitating cross-border deals.

Website

debitum.network

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Intro Video

ICO Details

Ticker Symbol:
DEB
Platform
Ethereum (ERC223)
Accepts:
ETH
Hard Cap:
24,000 ETH
Country:
Lithuania
KYC:
face
Bounty:
local_activity Debitum Network Bounty Info
Total supply
400,000,000 DEB

Pre-Sale

Ended
Pre-Sale Date:
Dec 7, 2017 — Dec 21, 2017 @ 14 days
Pre-Sale Avalable Tokens:
12,180,000 DEB @ 3.0%
Pre-Sale Price:
1 DEB = 0.000114943 ETH
Debitum Network successfully raised 1,400 ETH on Pre-ICO

Public Crowdsale

Ended
Date Sale:
Jan 25, 2018 — Feb 25, 2018 @ 31 days
Sale min volum­e:
0.05 ETH
Price:
1 DEB = 0.000153846 ETH
Sale Bonus:
Up to 20%
Debitum Network successfully raised 20,000 ETH on ICO

Token distribution

Crowdsale 60%
Reserve 15%
Team 15%
Supporters 10%

ICO Overview

Our product is intends to decentralize the financing process. Currently, all steps of the financing process are carried out by one financial institution in a centralized manner from the very beginning to the very end. As a result, such financier can only operate in the local market due to the lack of infrastructure abroad (otherwise it becomes very expensive). Moreover, the capacity of financing is also limited, resulting in only a fraction of SMEs’ needs being fulfilled.

Debitum Network will be an ecosystem where participants from all around the world will perform separate steps of the financing process. For example, a German SME needs funding, so it joins to Debitum Network; a risk assessor from Germany rates the risk; credit insurance company from France performs the insurance; a fund from the UK provides the money; a local debt collector from Germany either collects or buys the debt.

Debitum Network offers a hybrid solution - companies’ financing will be executed in fiat. We are crypto realists instead of crypto fanatics that is why we are not using crypto while it is still not adopted mainstream. We want to create a truly decentralized network via motivated communities - so it can be a living ecosystem, rather than a bunch of individual organizations trying to deal services. It is a pragmatic approach which works in the real life.

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