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Debitum Network (DEB)

ICO
Debitum Network bounty

Debitum is a decentralized lending platform. Leveraging Blockchain technology to secure and distribute fiat investments to the SME world.

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Overview

Project industryTrading & Investing
WhitepaperDebitum Network White Paper Open

What is Debitum Network

In order to start a service provision community within the Debitum Network users have to implement the Debitum Network Community smart contract interface / API.

In this interdace the community leader must provide rating calculation algorithm for community members and provide this algorithm for an audit by the Debitum Network Trust Arbitrage to ensure the rating calculation fits local specifics and are objective and in line with all other rating calculations.

Debitum Network provides an implementation of Community trust arbitrage smart contract.

Debitum Network will only use cryptocurrency for other financing cycle related fees.

All ecosystem participants use the Debitum Network tokens for Trust arbitrage smart contracts – where Debitum token directly allows individual counterparties and communities to be rated.

Details

Pre-sales: Dec 06, 2017 - Dec 20, 2017
Public sales: Jan 24, 2018 - Feb 24, 2018
Token supply: 400000000
Hard cap: 16,669,800 USD(fiat)
Raised: 17,200,000 USD

Bounty

Bounty: 3%
Translation: 15%
Bitcoin talk signature campaign: 45 %
Other: 40

Token info

Ticker: DEB
Type: Utility-token
Token standard: ERC-223
Token price in USD: 1 DEB = 0.16335368 USD
Token price in ETH: 1 Token = 0.000154 ETH
Accepted currencies: ETH
Token distribution:
60% - the crowdsale
15% - will be hold as reserve
10% - supporters share
15% - coins teams share
Funds allocation:
74.60% - Country
10.3% - Headquarters
7.75% - Regional
4.72% - Platform development
2.3% - Ecosystem
0.33% - Auditing

Debitum Network Roadmap

1
2015 – Q2 2017 - Start of the company

- 2015: Incorporated DEBIFO – an alternative finance company
- 2016.01: Joined Mintos p2p finance platform
- 2016.10: Reached financing agreement with a private debt fund MUNDUS
- 2017.02: Envisioned Debitum ecosystem
- 2017.06: Reached 3M EUR portfolio, nearly 20M EUR asset turnover

2
Q3 2017 - Creating Proof of Concept

- 2017.07: Expand core team with business and technology advisers
- 2017.08: Establish global business development team
- 2017.09: Build and deploy MVP version on Ethereum Ropsten blockchain
- 2017.09: Align with first counterparties of ecosystem

3
Q4 2017 - Raising funds via Crowdsale

- 2017.10: Launching of the marketing campaign
- 2017.10: Expanding the Debitum Network community
- 2017.10: Incorporating Debitum Network
- 2017.11: Crowdsale

4
Q1-Q3 2018 - Building Debitum Network 1.0

- 2018.03: Expanding Debitum Network team to prepare for global expansion
- 2018.06: Establishing Debitum Network in the first target country
- 2018.09: Testing and auditing Debitum Network 1.0 before public launch

5
Q4 2018 - Debitum Network 1.0

Develop Debitum Network ecosystem version 1.0 with manual on-boarding of asset generators, investors and additional service providers

Project team

Martins Liberts
Martins Liberts
Martins Liberts linkedin
Donatas Juodelis
Donatas Juodelis
Donatas Juodelis linkedin
Justas Saltinis
Justas Saltinis
Justas Saltinis linkedin
Mazvydas Mackevicius, PhD
Mazvydas Mackevicius, PhD
Mazvydas Mackevicius, PhD linkedin
Monika Varkalyte
Monika Varkalyte
Monika Varkalyte linkedin

Advisors

Ian Scarffe
Ian Scarffe
Founder at Crypto Consulting and Investments LTD.
Ian Scarffe linkedin
Eyal Hertzog
Eyal Hertzog
CO-FOUNDER OF BANCOR / CRYPTO ADVISOR
Eyal Hertzog linkedin
Tadas Langaitis
Tadas Langaitis
INVESTOR RELATIONS ADVISOR
Tadas Langaitis linkedin
Richard Evans
Richard Evans
INVESTOR RELATIONS ADVISOR
Richard Evans linkedin
Andrius Bogdanovičius
Andrius Bogdanovičius
RISK ASSESSMENT ADVISOR
Andrius Bogdanovičius linkedin
Andrius Nikitinas
Andrius Nikitinas
INTERNATIONAL BUSINESS DEVELOPMENT ADVISOR
Andrius Nikitinas linkedin
Michael Ricks
Michael Ricks
FINANCIAL SERVICES ADVISOR
Michael Ricks linkedin
Peter Howitt
Peter Howitt
LEGAL ADVISOR
Peter Howitt linkedin
James Downton
James Downton
MARKETING ADVISOR
James Downton linkedin
Lex Sokolin
Lex Sokolin
FINTECH ADVISOR
Lex Sokolin linkedin

Social media

Debitum Network web-siteDebitum Network MediumDebitum Network TelegramDebitum Network BTCTalkDebitum Network LinkedInDebitum Network X (Twitter)Debitum Network FacebookDebitum Network SlackDebitum Network Github

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