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Bailsman

ICO

Bailsman offers a quick and easy blockchain-based security deposit solution for clients who don’t have the required amount of money or simply prefer to spend it on something else.

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Overview

Project industryBusiness Services & Consulting
Product typePlatform
WhitepaperBailsman White Paper Open

What is Bailsman

Bailsman provides a third party guarantee to the merchant for a small monthly fee, which is paid by the client, instead of making the security deposit payment and tying up the cash. Merchants can rest assured as there is no risk of not receiving the requested claim amount. Bailsman only provides guarantees that are 100% backed by licensed financial institutions or telecom companies, and will be paid out irregardless of the customer’s financial situation. BAILS tokens are utility tokens that can be used inside the Bailsman platform: as a means of payment for guarantee holding fees with a 5% discount off the service fee and as a means of payment for other services to be provided inside Bailsman's platform.

Details

Pre-sales: May 16, 2018 - Jul 01, 2018
Token supply: 1,020,000,000
Hard cap: 69,744,000 USD

Legal

Registration country: Estonia

Token info

Ticker: BAILS
Type: Utility-token
Token price in USD: 1 BAILS = 0.04 USD
Accepted currencies: BTC ETH BCH LTC
Token distribution:
Token sale - 51%
Team (Founders) - 8%
Community Pool - 2%
Foundation - 33%
Advisors and partners - 6%

Bailsman Roadmap

1
Q1 2016

Concept developing and testing.

2
Q2 2017

IT and Legal Development process start.

3
Q4 2017

Development of Real Estate solution.

4
Q3 2018

Token Sale.

5
Q4 2018

Official launch of real estate solution.

6
Q4 2018

Release of Bailsman app, expansion to Finland/Sweden.

7
Q1 2019

Real estate expansion to Germany.

8
Q2 2019

Real estate expansion to UK.

9
Q2 2019

Real estate expansion to other EU countries.

10
Q3 2019

Entry into car rental and accommodation market.

11
Q4 2019

Expansion outside EU.Start offering “Buy Now, Pay Later” solutions.

12
Q4 2020

Applying for required licenses for Bailsman to start offering its own guarantees.

Social media

Bailsman web-siteBailsman RedditBailsman MediumBailsmanYouTubeBailsman TelegramBailsman BTCTalkBailsman LinkedInBailsman TwitterBailsman FacebookBailsman Github

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