Bitcoin Forum
May 04, 2024, 01:17:32 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Bitbond Launches First German Security Token Offering (STO) 🚀  (Read 319 times)
Bitbond-support (OP)
Jr. Member
*
Offline Offline

Activity: 364
Merit: 1


View Profile
February 25, 2019, 07:07:30 PM
 #1

At Bitbond we are running the first German Security Token Offering with an EU compliant securities prospectus. The offering is a tokenized bond, the prospectus has been approved by the German financial regulator BaFin.

The Bitbond Token (BB1) has a nominal value of EUR 1 and can be purchased by interested investors (except US and Canadian citizens). The tokens enable investors to participate in the success of the blockchain company and in the loans brokered by Bitbond.

The website is www.bitbondsto.com

Token holders receive two types of coupons:

  • Fixed coupon of 4% per year, paid out quarterly (i.e. 4x 1%)
  • Variable coupon which represents 60% of the profits of our investments, paid out once per year after audited financial statements were published

The Bitbond Token’s subscription date is 11.03.2019 – save the date!

Investors who subscribe early will get a discount on their investment.

The applied discounts change either after the time period for a discount tier is over or when the maximum investment amount of a discount tier has been committed by token investors.

If you want to take advantage of the discounts, we encourage you to invest on March 11th, 2019 as discounts will be allocated on a first come first serve basis.

See the discount tiers:

The proceeds from the Bitbond STO serve two purposes:
  • Bitbond will use them for its core business of lending to business owners and freelancers globally.
  • Bitbond is further developing its global platform for private loans. This also includes the advancement of innovations in the payments and scoring area. In doing so, the Berlin Fintech company promotes financial inclusion around the globe.

You can learn more about the Bitbond Token by reading our lightpaper: https://www.bitbondsto.com/files/bitbond-sto-lightpaper.pdf and our securities prospectus: https://www.bitbondsto.com/files/bitbond-sto-prospectus.pdf.

Join our waitlist to receive updates, learn about more Bitbond STO discounts and get your referral link at www.bitbondsto.com

When you join the waitlist you will automatically receive a personal referral link.

This referral link allows you to earn 5% commission on the investment made by anyone who invests in the Bitbond STO via your link.

For example, If someone invests €10,000 you will receive €500.

Join the #BitbondSTO community & get the latest news at:
Telegram EN: https://t.me/BitbondSTOen
Telegram DE: https://t.me/BitbondSTO
Facebook: https://www.facebook.com/Bitbond
Twitter: https://twitter.com/Bitbond
Linkedin: https://twitter.com/bitbond

About Bitbond
Bitbond was established in 2013, as the first global business lending platform. With the aim of providing fast reliable financing solutions for business around the worth. Over the past 6 years, Bitbond has generated over $15 million worth of SME loans, funded in over 80 different countries.

By using the blockchain for payment processing Bitbond and its users are independent of banks. Bitbond is the first German regulated financial services provider that uses blockchain technology.

Learn more at www.bitbond.com

Here is where we have been published so far:

In German:
Greuenderszene: https://www.gruenderszene.de/fintech/bitbond-bafin-security-token
Dertreasurer: https://www.dertreasurer.de/news/finanzen-bilanzen/lbbw-verkauft-abcp-papier-erstmals-via-blockchain-an-meag-2002741/
Fondsprofessionell: https://www.fondsprofessionell.at/news/recht/headline/deutsche-finanzaufsicht-segnet-erstmals-krypto-boersengang-ab-150968/
mmnews: https://www.mmnews.de/boerse/bitcoin/115755-bitcoin-iota-ethereum-jetzt-wieder-rauf
The Bitcoin News: https://www.bitcoinnews.ch/12600/bitbond-erster-deutscher-sto-mit-wertpapierprospekt/?fbclid=IwAR3YR2wYLKyMKR5UPx4HRJcUDgHaf2EMzAoj90Phc7wFfw4r4N1v2SDYjIE
Investicoin: https://investicoin.de/investment/bitbond-als-erstes-security-token-offering-sto-durch-bafin-zugelassen/
Coinkurier: https://coinkurier.de/bitbond-deutschlands-erstes-security-token-offering-sto-startet-im-maerz/
Wallstreet online: https://www.wallstreet-online.de/nachricht/11248949-bafin-bafin-billigt-virtuelle-finanzierungsrunde
FOCUS: https://www.focus.de/finanzen/boerse/kryptowaehrungen/eine-vergessene-anlageklasse-die-anleihe-und-ihr-comeback-durch-security-token_id_10358978.html?_lrsc=cd79511e-65dd-49a8-8265-6e9fe7805fc5&utm_source=social&utm_medium=leap
Börsen-Zeitung: https://www.boersen-zeitung.de/index.php?li=1&artid=2019038071&titel=Security-Token-Offering-made-in-Germany-

In English:
CryptoNinjas: https://www.cryptoninjas.net/2019/02/18/bitbond-announces-sto-with-security-prospectus/
Crowdfund Insider: https://www.crowdfundinsider.com/2019/02/144629-germany-bafin-approves-bitbond-to-issue-digital-securities-tokenized-bonds/
The Bitcoin News: https://thebitcoinnews.com/bitbond-bafin-approves-germanys-first-security-token-offering-sto/
Altifi: http://www.altfi.com/wire/611
Coinwisdom: http://coinwisdom.org/143382-bitbond-announces-sto-with-security-prospectus/
Finance Magnates: https://www.financemagnates.com/cryptocurrency/news/bitbond-receives-bafins-approval-for-tokenized-bonds/
Fintech Finance: https://www.fintech.finance/01-news/bitbond-first-german-sto-with-security/
Coingape: https://coingape.com/bitbond-becomes-first-regulated-blockchain-firm-announce-sto/
Securities.io : https://www.securities.io/bitbond-gains-approval-of-bafin-to-host-security-token-offering/
Bitcoin exchange guide: https://bitcoinexchangeguide.com/germanys-bitbond-blockchain-token-bb1-to-release-security-token-offering-with-bafin-approved-prospectus/
Sludge Feed: https://sludgefeed.com/bitbond-receives-german-regulatory-approval-for-sto/
Crypotonomist: https://cryptonomist.ch/en/2019/02/22/germany-bafin-authorises-bitbond-sto/

In Spanish:
Todocrowdlending: https://todocrowdlending.com/bitbond-sto/

In French:
Mind Fintech: https://www.mindfintech.fr/article/14584/bitbond-presente-la-premiere-sto-approuvee-par-la-bafin/

In Polish:
prnew: https://prnews.pl/bitbond-pierwszy-security-token-offering-sto-prospektem-emisyjnym-niemczech-441104

In Russian:
Bloomchain: https://bloomchain.ru/newsfeed/nemetskij-regulyator-odobril-tokenizirovannye-obligatsii-bitbond/
Bankir: https://bankir.ru/novosti/20190219/blokchein-kreditor-bitbond-poluchil-odobrenie-na-provedenie-sto-10155537/







Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714828652
Hero Member
*
Offline Offline

Posts: 1714828652

View Profile Personal Message (Offline)

Ignore
1714828652
Reply with quote  #2

1714828652
Report to moderator
1714828652
Hero Member
*
Offline Offline

Posts: 1714828652

View Profile Personal Message (Offline)

Ignore
1714828652
Reply with quote  #2

1714828652
Report to moderator
Coinponent Support
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
February 26, 2019, 09:42:13 AM
 #2

Very exciting. This sets an amazing precedent for crypto platforms in Europe!
Iced
Full Member
***
Offline Offline

Activity: 627
Merit: 208


Belgian based crypto-enthusiast


View Profile
March 02, 2019, 12:00:51 AM
 #3

Curious to see where this might go! :-)

No signature for now
Vazan25
Member
**
Offline Offline

Activity: 728
Merit: 13


View Profile
March 02, 2019, 12:57:27 AM
 #4

Curious to see where this might go! :-)
She's not going anywhere.
Yhey plan to sell bonds-which will be designed for 10 years and will bring the owners 1% per quarter-I do not think that such interest will be attractive to investors.
However-wait and see what happens.
nira09
Full Member
***
Offline Offline

Activity: 1316
Merit: 105


View Profile
March 02, 2019, 03:21:01 AM
 #5

Curious to see where this might go! :-)
She's not going anywhere.
Yhey plan to sell bonds-which will be designed for 10 years and will bring the owners 1% per quarter-I do not think that such interest will be attractive to investors.
However-wait and see what happens.
I agree with you, I think 1% interest per quarter or 4% per year is a relatively small interest, while bank interest (deposits) in my country at this time is 5-6% per year. I hope the team will increase their interest to attract investors.
elda34b
Sr. Member
****
Offline Offline

Activity: 910
Merit: 351


View Profile
March 02, 2019, 03:42:37 AM
 #6

4% year interest is relatively small. I also doubt the majority of the investor want to get coupon. On top of that, the buy-back is only happening after 10 years, so this investment looks very long-term. As mentioned by others, I think every investor should get different interest return, maybe minimum 4% while maximum is 12%, based on how much they contributed in the STO.
Locotoni
Member
**
Offline Offline

Activity: 490
Merit: 15


View Profile
March 09, 2019, 06:37:34 PM
 #7

reserved.
automaticmoney
Member
**
Offline Offline

Activity: 420
Merit: 18


View Profile
March 10, 2019, 09:14:18 AM
 #8

Bitbond look good look like this project is running through all regulatory compliance and roadmap of the project look futuristic
konstant111
Sr. Member
****
Offline Offline

Activity: 924
Merit: 250


my only address Eth: 0xa3beBBea49563A6D6D....


View Profile
March 10, 2019, 09:32:43 AM
 #9

small rate, but I would first look like it will look before you take any statements about the project, what will come reward investors?

STOP ERC20 SCAMS
Bitbond-support (OP)
Jr. Member
*
Offline Offline

Activity: 364
Merit: 1


View Profile
March 11, 2019, 10:04:31 AM
 #10

Curious to see where this might go! :-)
She's not going anywhere.
Yhey plan to sell bonds-which will be designed for 10 years and will bring the owners 1% per quarter-I do not think that such interest will be attractive to investors.
However-wait and see what happens.

There are couple of things to keep in mind. The first is that the token holder receives quarterly AND yearly payouts. The quarterly fixed coupon equals 1%x4 = 4% per annum; while the yearly payout is determined by the performance of the loans. As an example, we could say that the yearly return is 6% + 4% from the fixed coupon = 10% per year over 10 years. Then think about how Bitbond will buy the tokens back at the original price and you have a very attractive proposition.

Also keep in mind that the BB1 token will be tradeable immediately thanks to the Stellar blockchain. This means that you can easily sell your BB1 tokens if you believe the bears are turning into bulls. For crypto investors who have lost money in 2018 because of the downturn, BB1 offers a kind of stable coin on steroids, where the price is pretty much fixed and you even receive payouts on a regular basis.
Bitbond-support (OP)
Jr. Member
*
Offline Offline

Activity: 364
Merit: 1


View Profile
March 11, 2019, 10:23:50 PM
 #11

small rate, but I would first look like it will look before you take any statements about the project, what will come reward investors?

I'm not sure I understand. Could you clarify?
Bitbond-support (OP)
Jr. Member
*
Offline Offline

Activity: 364
Merit: 1


View Profile
March 11, 2019, 10:25:11 PM
 #12

Bitbond look good look like this project is running through all regulatory compliance and roadmap of the project look futuristic

Thanks, we're very excited about it  Grin
Bitbond-support (OP)
Jr. Member
*
Offline Offline

Activity: 364
Merit: 1


View Profile
March 11, 2019, 10:30:02 PM
 #13

4% year interest is relatively small. I also doubt the majority of the investor want to get coupon. On top of that, the buy-back is only happening after 10 years, so this investment looks very long-term. As mentioned by others, I think every investor should get different interest return, maybe minimum 4% while maximum is 12%, based on how much they contributed in the STO.

I posted this answer earlier but I think it's relevant to your comment as well

--->There are couple of things to keep in mind. The first is that the token holder receives quarterly AND yearly payouts. The quarterly fixed coupon equals 1%x4 = 4% per annum; while the yearly payout is determined by the performance of the loans. As an example, we could say that the yearly return is 6% + 4% from the fixed coupon = 10% per year over 10 years. Then think about how Bitbond will buy the tokens back at the original price and you have a very attractive proposition.

Also keep in mind that the BB1 token will be tradeable immediately thanks to the Stellar blockchain. This means that you can easily sell your BB1 tokens if you believe the bears are turning into bulls. For crypto investors who have lost money in 2018 because of the downturn, BB1 offers a kind of stable coin on steroids, where the price is pretty much fixed and you even receive payouts on a regular basis.
Bitbond-support (OP)
Jr. Member
*
Offline Offline

Activity: 364
Merit: 1


View Profile
March 11, 2019, 10:30:58 PM
 #14

Very exciting. This sets an amazing precedent for crypto platforms in Europe!

Thanks, we're very happy with the reception so far!
heisencoin
Newbie
*
Offline Offline

Activity: 17
Merit: 0


View Profile
May 09, 2019, 04:13:07 PM
 #15

Really interesting project - I am following very closely!
saharovvv
Hero Member
*****
Offline Offline

Activity: 1610
Merit: 510


View Profile
May 30, 2019, 07:47:29 PM
 #16

Are you currently working only in Germany or in some other countries? And another question: do you give loans in fiat currency or in crypto currency?
Aalu
Jr. Member
*
Offline Offline

Activity: 50
Merit: 1


View Profile
June 11, 2019, 10:54:25 AM
 #17

Curious to see where this might go! :-)
She's not going anywhere.
Yhey plan to sell bonds-which will be designed for 10 years and will bring the owners 1% per quarter-I do not think that such interest will be attractive to investors.
However-wait and see what happens.

There are couple of things to keep in mind. The first is that the token holder receives quarterly AND yearly payouts. The quarterly fixed coupon equals 1%x4 = 4% per annum; while the yearly payout is determined by the performance of the loans. As an example, we could say that the yearly return is 6% + 4% from the fixed coupon = 10% per year over 10 years. Then think about how Bitbond will buy the tokens back at the original price and you have a very attractive proposition.

Also keep in mind that the BB1 token will be tradeable immediately thanks to the Stellar blockchain. This means that you can easily sell your BB1 tokens if you believe the bears are turning into bulls. For crypto investors who have lost money in 2018 because of the downturn, BB1 offers a kind of stable coin on steroids, where the price is pretty much fixed and you even receive payouts on a regular basis.
                                                                                                                 It means BB1 will not fluctuate in price on exchanges? The face value is 1 Euro. And its price remains 1Euro until the team buys all tokens after 10 years?

[ S E S S I A ] NEW GENERATION SOCIAL NETWORK
https://sessia.com/
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!