Topic: [ANN] [ICO] DEBITUM NETWORK - Borderless SME business funding ecosystem - page 95. (Read 58881 times)
October 29, 2017, 05:51:13 AM
That's great. Are BTC, ETH, FIAT accepted?
October 29, 2017, 12:31:01 AM
Great idea.
In real life, many peoples and medium-sized businesses need more money, but banks have a higher threshold, I think it can help them
You are absolutely right. Big financial institutions like banks normally do not work with small and medium businesses leaving them unserved or underserved. Therefore, the credit gap is so big. And in most of our economies small and medium businesses are most crucial part, the backbone of them. Imagine how could we improve our economies by assuring better small and medium business financing. Do you have an idea?In real life, many peoples and medium-sized businesses need more money, but banks have a higher threshold, I think it can help them
October 28, 2017, 11:01:43 AM
Currently we are not planning whitelisting. You will be able to make the deposit when the crowdsale starts. It will be governed by a transparent smart contract.
October 28, 2017, 09:03:04 AM
Is there a whitelist or any other way to be certain I will be able to invest in this ICO?
October 28, 2017, 07:50:06 AM
We will not have a pre-sale. We will have a crowdsale starting on November 30th, 2017.
October 28, 2017, 06:20:11 AM
Wow! Awesome project. From my experience small businesses are crying for funding. When is pre-sale?
October 28, 2017, 05:33:45 AM
We are still working on our bounty program. Will keep you informed, please join our telegram community to keep updated: https://t.me/joinchat/G6KFmURKsu0FIfJetJ3mOA
October 28, 2017, 02:19:58 AM
Great idea.
In real life, many peoples and medium-sized businesses need more money, but banks have a higher threshold, I think it can help them
You are absolutely right. Big financial institutions like banks normally do not work with small and medium businesses leaving them unserved or underserved. Therefore, the credit gap is so big. And in most of our economies small and medium businesses are most crucial part, the backbone of them. Imagine how could we improve our economies by assuring better small and medium business financing. Do you have an idea? In real life, many peoples and medium-sized businesses need more money, but banks have a higher threshold, I think it can help them
October 28, 2017, 02:11:08 AM
Great idea.
In real life, many peoples and medium-sized businesses need more money, but banks have a higher threshold, I think it can help them
In real life, many peoples and medium-sized businesses need more money, but banks have a higher threshold, I think it can help them
October 28, 2017, 01:11:15 AM
Thanks for clarifying this. Looking forward for the ICO. Good luck!
October 27, 2017, 05:57:01 PM
I guess the risk factor is important here. Who will evaluate the risk for specific loans? Can investors do it themselves or take at least few risk reports to be sure it is a safe investment? Thanks.
Assessors will help to set the risk-based pricing for each particular financing case. They will be experts in their fields and will earn coins and their income also depends on the previous track record. It will also be possible to invest without assessment of particular risk assessor.
October 27, 2017, 05:24:12 PM
interesting, and i think this is great project sir! reserve indonesian translation if needed
Hi, our staff will contact you
Hi I want to apply for Filipino translation please contact me also
Hi, added to the list.
October 27, 2017, 05:04:30 PM
That helps. Do you have an idea what rate of return investors could expect in invoices or loans? Am I will be able to participate in funding these loans or it will be exclusive for institutional investors? Thanks.
Rate of return for loan investments will depends on many factors, such as borrower's country, market saturation, loan product, risk levels, etc. We expect the gross returns will vary depending on the development of the region and might range from 5 to 15%. We will aim to balance the risk and the return parts of the equation to have sufficient volume from borrowing side and enough funds to lend.
October 27, 2017, 04:29:22 PM
I guess the risk factor is important here. Who will evaluate the risk for specific loans? Can investors do it themselves or take at least few risk reports to be sure it is a safe investment? Thanks.
October 27, 2017, 09:57:23 AM
That helps. Do you have an idea what rate of return investors could expect in invoices or loans? Am I will be able to participate in funding these loans or it will be exclusive for institutional investors? Thanks.
October 27, 2017, 07:15:48 AM
Okay, sounds fair.
Is it going to be only invoice financing or do you plan to include other loan products? Could you expand on this?
Is it going to be only invoice financing or do you plan to include other loan products? Could you expand on this?
We have extensive experience in invoice financing. We have a running factoring business ourselves, so this would one of the main services at the beginning of Debitum Network. But to solve global problem of SME financing, we have to offer more financial services - loans, credit lines, VAT return factoring and more in the future.
October 27, 2017, 06:50:52 AM
Okay, sounds fair.
Is it going to be only invoice financing or do you plan to include other loan products? Could you expand on this?
Is it going to be only invoice financing or do you plan to include other loan products? Could you expand on this?
October 27, 2017, 05:32:50 AM
Hi, guys,
Interesting project and could be truly useful for SMEs if implemented successfully.
Any ideas if the banks would be willing to join the project to invest their cheap funding? Or are they more on the competitor side?
Interesting project and could be truly useful for SMEs if implemented successfully.
Any ideas if the banks would be willing to join the project to invest their cheap funding? Or are they more on the competitor side?
Thanks for thumbs up. Local banks might be reluctant to join the decentralized financing platform at first as banks have locked (and centralized) the financing process. It might take time for them to adapt and join the new financing ecosystem, but we are sure they will be willing to use at least some of their expertise. We believe that over the time they will realise that decentralised model is more efficient and even cheaper.
Banks and their investment bank units are always seeking attractive risk-return investments and they are likely to join the platform as liquidity providers.
October 27, 2017, 03:34:34 AM
Seems like an interesting project. I'm in! 
October 27, 2017, 03:08:01 AM
Hi, guys,
Interesting project and could be truly useful for SMEs if implemented successfully.
Any ideas if the banks would be willing to join the project to invest their cheap funding? Or are they more on the competitor side?
Interesting project and could be truly useful for SMEs if implemented successfully.
Any ideas if the banks would be willing to join the project to invest their cheap funding? Or are they more on the competitor side?
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