[ANN] [PRE-SALE] BAILSMAN — exchange your security deposits for a guarantee

[Bailsman]

Bailsman’s solution enables merchants to increase the amount of the security deposit to the level needed to cover all risks, without driving potential clients away. Claims can be filed any time with no risk of non-payment. All this comes at no cost to the merchant.

https://pbs.twimg.com/media/Dd3d8peVMAAbPFH.jpg


All smart contracts on the Bailsman platform will be executed using BAILS tokens.

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[1714819884]

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[thomas_kunkel]

What's the conversion rate?

[Bailsman]

What's the conversion rate?

We remind you that one BAILS token costs 0.03 EUR
You can buy them here: https://ico.bailsman.co

[Valery_K]

So what it is actually doing? I didn't understood it from whitepaper. Can you give an example?

[Bailsman]

So what it is actually doing? I didn't understood it from whitepaper. Can you give an example?

For example
If you rent an apartment and you do not want to provide your security deposit of 1000 EUR in the full amount right away, Bailsman does that for you and you return to Bailsman this sum during an agreed period using BAILS tokens (with 5% discount) or with fiat currency (no discount).

[Valery_K]

So what it is actually doing? I didn't understood it from whitepaper. Can you give an example?

For example
If you rent an apartment and you do not want to provide your security deposit of 1000 EUR in the full amount right away, Bailsman does that for you and you return to Bailsman this sum during an agreed period using BAILS tokens (with 5% discount) or with fiat currency (no discount).

I see. Well, it is a good solution indeed!

[Bailsman]

Meet Indrek Vilms, the Advisor for Bailsman

https://cdn-images-1.medium.com/max/1000/1*VSnDIUQrKxWboH726NEdFg.jpeg

Indrek has been holding the leading risk and legal positions in different banks for almost 15 years. For some time, he has also worked with large corporates financing projects and M&A structured deals. Indrek has a legal degree from the University of Tartu.

His real estate, accommodation and car rental experience through business trips and personal life have made him understand how important such a solution is as offered by Bailsman. He likes the unique business idea behind Bailsman. In his opinion, it is a highly practical, elegant and intelligent fintech solution that will change somewhat inconvenient practice of taking the security deposits that different industries (real estate renting, hotels, car rental, etc.) have used for decades, if not more.

Read more about our advisor Indrek Vilms: https://medium.com/@bailsmanco/meet-indrek-vilms-the-advisor-for-bailsman-a43401181303

[Bailsman]

To be up-to-date about all the news, follow our project on Facebook and join our Telegram chat: https://t.me/bailsman

[Bailsman]

Tokens with the 30% bonus are sold quickly! Hurry up and buy your BAILS tokens: https://ico.bailsman.co

[Detcom]

So you are actually paying the guarantee instead of travelers?

[Bailsman]

So you are actually paying the guarantee instead of travelers?

Actually the most correct would be saying, that Bailsman will guarantee that amount lets say to landlord on behalf of you. So you do not need to pay anything back, but just pay small fee for that monthly, using tokens or fiat

[poordeveloper]

So you are actually paying the guarantee instead of travelers?

Actually the most correct would be saying, that Bailsman will guarantee that amount lets say to landlord on behalf of you. So you do not need to pay anything back, but just pay small fee for that monthly, using tokens or fiat

Which countries do you plan to accept clients from? I mean, obviously your banking/insurance/telecom partner companies will have limits on the risk they are able to assess - or will you be able to accept worldwide applicants?

[Bailsman]

Bailsman has already started developing a platform for the residential real estate rental market. Bailsman’s platform makes it possible for tenants, landlords and financial institutions or telecom companies to meet and manage all their processes easily in one place.
Read more in whitepaper: https://ico.bailsman.co/Whitepaper.pdf

[Detcom]

So you are actually paying the guarantee instead of travelers?

Actually the most correct would be saying, that Bailsman will guarantee that amount lets say to landlord on behalf of you. So you do not need to pay anything back, but just pay small fee for that monthly, using tokens or fiat

Understood. Thanks!

[Bailsman]

So you are actually paying the guarantee instead of travelers?

Actually the most correct would be saying, that Bailsman will guarantee that amount lets say to landlord on behalf of you. So you do not need to pay anything back, but just pay small fee for that monthly, using tokens or fiat

Which countries do you plan to accept clients from? I mean, obviously your banking/insurance/telecom partner companies will have limits on the risk they are able to assess - or will you be able to accept worldwide applicants?

In every market, we will have local partners, either telecoms or local consumer credit suppliers. Some telecoms are international with their brand, but in every market, there is a cooperation with a local entity.

[Bailsman]

BAILS Tokens pre-sale continues.
Become a token holder with a 30% bonus!
https://ico.bailsman.co

BAILS Token can be used as a means of payment for guarantee holding fees with a 5% discount off the service fee.

[Brandy_Lehmann]

This is seems interesting. Russian version/community available?

[Detcom]

This is seems interesting. Russian version/community available?

They've already told

Not yet, but it will be once we start the bounty campaign and there are russian translations. Should be there in a couple of weeks.

[Bailsman]

Bailsman’s guarantee solution suits every client who needs a security deposit replaced by a guarantee.
Benefits for the client:
1. Cash is not tied up.
2. Co-applicants can be added to increase the guarantee amount or share existing responsibility. Application response time is less than a minute.
3. Clients pay a small fee, which is lower than credit institutions would ask for a loan of the same amount.
4. Response time is less than a minute because of instant replies from providers through API integrations.
5. Use guarantees anywhere by just having ID
6. No additional currency exchange costs when using Bailsman’s guarantee abroad.
See more https://medium.com/@bailsmanco/bailsmans-benefits-for-clients-43cfb63fa971

[Bailsman]

And don't forget to follow us on Linkedin
https://www.linkedin.com/company/bailsman