Debitum Network - Accessible Business Borrowing

Accessible business borrowing and investments in loans facilitated by a distributed ecosystem.

STO/ICO Status

Status
Successful
Start Date
2017-11-01
End Date
2017-12-31
Soft Cap
4,500,000 EUR
Hard Cap
40,000,000 EUR
Token Supply
...
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Basics

PlatformEthereum
TypeN/A
AcceptingOthers
Circulating SupplyN/A
KYCN/A
Restricted AreasN/A
HomepageWebsite URL
White PaperView/Download

About

Debitum is an existing business in alternative finance for 3+ years. There is a global credit gap for SMEs of more than $2 trillion wordlwide. We want to disrupt and revolutionize this by creating a new ecosystem - Debitum Network. It will be a blockchain and trust based ecosystem joining various players (investors, risk assessors, document validators, insurers etc.) to complete end-to-end financing loop for SMEs. It is very important to have a process based solution here as only such approach allows for a mix of local / global players to close the financing gap, earn money on their services and provide needed juice to SMEs for growth and development. Traditional finance institutions are failing hard on this issue for ages - it is time we take it in decentralized hands and solve!

Team

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