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Topic: 🔥⭐[ANN] BITBOND STO - Germany's First STO⭐🔥 - page 9. (Read 3795 times)

member
Activity: 156
Merit: 10
Founder of Bitbond
Dear STO community and investors, here is a comprehensive update about what happened in the past weeks and where we are heading with the Bitbond STO.

The Bitbond STO is a huge success:
  • We raised EUR 2 million with over 1,000 investors in just a few weeks
  • The Bitbond STO is THE reference case for security tokens in the German and European market and all upcoming STOs will be compared to ours
  • The press loves Bitbond, an overwhelmingly large  number of positive and comprehensive articles have been written about the Bitbond STO in Germany and all across the world

These milestones make us extremely proud and we are sending a BIG thank you to everyone who invested so far.

At the same time, new investments keep coming in every day. Moreover, we are getting interview requests from the media and speaking invitations related to the STO on a daily basis. We are pleasantly surprised that the awareness for our STO remains so high weeks after launch.

Since every day brings new investors which means more potential liquidity and while there is still so much attention around our STO, we decided to fully utilize the maximum offer period as outlined in section 7.3.5 of the prospectus. This means that investments will be possible until July 8th (and not only until this Friday). After July 8th, we will distribute BB1 tokens to all investors. The first coupon payment on October 1st remains unchanged and is the same for all investors, regardless of when someone invested in the BB1 token.

What’s important to understand: investors stand a higher chance of getting better liquidity the more money we raise. The BB1 token is not an equity instrument or an ICO token which would suffer from dilution. The more STO funds are raised, the more SMEs can get funded and the better the economics for all token investors become.

Additionally, we have 2 exciting items of news to share.

  • To reward the crypto community for their support and to maintain attention for the STO at a high level over the next weeks, we were hard at work designing a highly attractive bounty program. The program will go live shortly and will be announced separately.
  • Many investors are asking us on which exchanges the BB1 token will be listed. First of all, the Stellar Decentralized Exchange (SDEX) will be accessible to everyone who holds the Bitbond token which means instant ability to trade. Additionally, we have already signed an agreement with one big crypto exchange and are in advanced talks with two others. Most of the exchanges planning on listing security tokens expect to launch in the second half of 2019. The ones that will list the BB1 token are among the first to enter this new market and we are thrilled about being at the forefront of innovation together with them. For investors, this means higher potential liquidity for the BB1 token, further supporting its position as a superior investment compared to many other fixed income products.

As with any new financial service, a lot of legal questions need to be answered about the exchange listing which is why we currently cannot announce any names. But we will keep you posted with updates.

Thank you for reading and for being part of this truly revolutionary project. As a thank you for being with us, you get a 5% discount on your next BB1 token order (valid until May 10th) – simply use the code BB1UPDT in the respective field of your order.

Stay tuned!


The BB1 tokens (the, “securities”) have been and will be offered only outside of the United States to non-U.S. persons, pursuant to the provisions of Regulation S of the U.S. Securities Act of 1933, as amended. The securities will not be registered under the Securities Act, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.
newbie
Activity: 42
Merit: 0
Very interesting STO with a strong looking team.

What crypto do you accept to purchase the token? Can i pay in fiat?

Hi,

As part of IR Team at Bitbond, I'm qualified to answer your questions.

• BTC / ETH / XLM (Stellar) and Fiat deposits (bank wire transfers) are accepted in Bitbond STO

For deposits, the currency of reference is the euro as per the Token nominal value (1€ = 1 BB1).

To get a 3% discount, find in this blog post the code to place in your investment order:
https://www.bitbond.com/resources/discount-codes

Thanks for relevant questions.

Julien l Bitbond Team
jr. member
Activity: 54
Merit: 1
Will you be burning the unsold tokens? I see that you have a very high hard cap, most projects tend to burn the tokens to increase the value of the tokens for the token holders.
newbie
Activity: 42
Merit: 0
Why did you decide to use the Stellar blockchain instead of Ethereum?

What advantages does it give you and what made you decide on that?

Hi,

As part of IR Team at Bitbond, I'm qualified to answer your questions.

• At the end of subscription period we will distribute our token on the Stellar Network. Issuance is a very straight forward procedure which doesn't require smart contract functionality. We picked Stellar because of speed, cost and wide adoption. It comes with many benefits, for example, because Stellar transactions are cheap we are able to distribute interest payments directly to user wallets. You can think of it as fixed income airdrops every 3 months.

Thanks for the relevant questions

Julien l Bitbond Team
newbie
Activity: 42
Merit: 0
Is your project open source?

How can you state that the value will increase if they invest into this project? I see on your website you state that there will be returns after investing.


Hi,

As part of IR Team at Bitbond, I'm qualified to answer your questions.

• Bitbond is already operating a SME lending platform with over 150 000 users and over $15 millions of originated loans. You can find more information here: https://www.bitbond.com/statistics

• BB1 Holders will receive quarterly payments of 4% p.a. fixed coupon + a high profit participation of 60% of our pre-tax profits. The calculator here resume the investment scenarios: https://www.bitbondsto.com/calculator

Thanks for the relevant questions

Julien l Bitbond Team
newbie
Activity: 42
Merit: 0
Can I ask what is the main difference between an ICO and a STO?

And how come you don't have any bounties or airdrops of your token? Don't you think you would benefit from extra exposure of the project? Also what happens to the unsold tokens?

Hi,

As part of IR Team at Bitbond, I'm qualified to answer your questions.

• Bitbond STO offers a affiliate program that remunerates you on referred contributions with 5% of the euro amount: https://www.bitbond.com/affiliate

• Bitbond offers a 3% discount code on the BB1 token as explained in the following post: https://www.bitbond.com/resources/discount-code

• Bitbond STO has benefiting from lots of media coverage from Reuters to CoinDesk and many others. Our telegram channel has around 15 000 members at this moment : https://web.telegram.org/#/im?p=@BitbondSTOen

• The amount of BB1 tokens available is solely based on how many tokens are sold, no tokens will be created after the end of the subscription period. Therefore, there will be no unsold tokens.

Thanks for your relevant questions.

Julien l Bitbond Team

newbie
Activity: 42
Merit: 0
It's an interesting project.

Where can I find the source code for your contracts and blockchain? Do you have them published?

Hi,

As part of IR Team at Bitbond, I'm qualified to answer your questions.

• At the end of subscription period we will distribute our token on the Stellar Network. Issuance is a very straight forward procedure which doesn't require smart contract functionality. You can think of it as fixed income airdrops every 3 months.

• The backbone of the Bitbond STO is the certified prospectus acting as a regtech element. The original publication of the certified prospectus is available here: https://portal.mvp.bafin.de/database/VPInfo/emittenten.do?id=1184320&bereich=3&cmd=zeigeProspekteZuEmittent (English version : https://www.bitbondsto.com/files/bitbond-sto-prospectus.pdf)

Thanks for the relevant questions.

Julien l Bitbond Team
newbie
Activity: 42
Merit: 0
Looks a interesting project, I've not heard about you so you should get your name out more in regards to marketing.

Are you planning any bounties / airdrops to increase your community and awareness? Also I work in translations in French and Spanish do you need those services?

Hi,

As part of IR Team at Bitbond, I'm qualified to answer your questions.

• Bitbond STO offers a affiliate program that remunerates you on referred contributions with 5% of the euro amount: https://www.bitbond.com/affiliate

• Bitbond offers a 3% discount code on the BB1 token as explained in the following post: https://www.bitbond.com/resources/discount-codes

Thanks for your relevant questions and you offer for language services.
Meanwhile Daniel, Edith and I are actually covering these languages.

Cheers

Julien l Bitbond Team
newbie
Activity: 42
Merit: 0
Interesting project.

Could you give some more information about your advisors and what advantages they give to the project?


Hi,

As part of IR Team at Bitbond, I'm qualified to answer your questions.

• Bitbond has attracted some of the best venture capitalists and advisors in the Fintech & Crypto space as per the following link: https://www.bitbondsto.com/#team .

• Founded in 2013, we gather internally all needed expertise to run the STO from end-to-end (legal, technical, marketing, etc). Meanwhile we work with notorious partners who bring even greater value as described in the following post: https://twitter.com/Bitbond/status/1118523769415401478

• Bitbond STO is keen to contribute actively to the development of Security Token Offering. With investor rights covered in a certified prospectus, we offer additionally a high yield stable return on investment thanks to our existing lending platform bitbondsto.com/calculator . The advantages of BB1 are similar to acquiring a bond while eliminating the costly middle-man and fully exploit the strengths of the Stellar blockchain. Furthermore in this short video: https://youtu.be/LVTbnSQmWcc

Thanks for the relevant questions.

Julien l Bitbond Team
member
Activity: 462
Merit: 10
I liked the project with already working business idea and professional team . I think investments in this project will be the most reliable .
sr. member
Activity: 728
Merit: 250
“A nexgen decentralized ride hailing ”
Yes, the project is at first glance not bad. collect at this time the amount of $ 100 million is difficult. but the team is confident and big, I think everything will turn out
jr. member
Activity: 448
Merit: 1
A germany first STO, huh? Such a kind of interesting STO, hope you can find so many investors so easily.
jr. member
Activity: 79
Merit: 5
Very extensive team and it looks like you know what you are doing from a business standpoint.

What exchanges will the token be on? Or is it a simple hodl and get a pay out from it?
jr. member
Activity: 82
Merit: 1
I would like to reserve on translations for the project.

Why are there no bounties overall? You could get a lot of exposure simply by using 3-4% of your tokens.

Regardless, I see you have raised over 2 million Euros on your website, it's going great!
jr. member
Activity: 82
Merit: 1
Very interesting project, I like the fact you have a large, extensive team.

What is your hard cap and what will you do if you do not reach it? Will you burn the other tokens to increase the value?
jr. member
Activity: 107
Merit: 2
Can I ask what is the main difference between an ICO and a STO?

And how come you don't have any bounties or airdrops of your token? Don't you think you would benefit from extra exposure of the project? Also what happens to the unsold tokens?
jr. member
Activity: 133
Merit: 2
Interesting project.

Could you give some more information about your advisors and what advantages they give to the project?
brand new
Activity: 0
Merit: 0
Very interesting project. I'm curious on a few topics.

What will you do with any tokens that are not sold? A hard cap of 100 million is a very lofty goal.

Also will you be doing any events? I like to invest into projects that I can meet face to face,
newbie
Activity: 42
Merit: 0
I see that you are a successful behind the STO, because of that I want to ask :

- Do you really need to implement blockchain technology into your already well functioning system?

- What will the token be used for in your ecosystem? Is it simply like a share that will increase in value or will it be used for something?


Hi,

As part of IR Team at Bitbond, I am qualified to answer your questions.

• Bitbond is the first global lending platform for small business loans. Since day one, we leverage blockchain technology to connect creditworthy borrowers with individual and institutional investors. In other words, we always had blockchain technology as a payment network for lending activity.

• The BB1 Token is a debt instrument similar to a Bond. For P2P lending investors, it is a unique chance to access a diversified investment portoflio with stable return indexed on euro. Moreover, this STO allows us to continue Bitbond's ultimate goal: Become the World's Leading SME Lender. In page 8 of the lightpaper, there is a description of the different use of funds: https://www.bitbondsto.com/files/bitbond-sto-lightpaper.pdf

Have you signed up yet for the 3% discount tier?
Only 4 days left!!!

Thank you for the relevant question.

Julien l Bitbond Team

newbie
Activity: 42
Merit: 0
Seems an interesting project, I'm curious though about a few things.

- Can someone give me the major difference between a ICO and a STO? I have heard a few statements and a few of them seem to contradict.

- How can you state that you are Germany's first STO? Are you backed by an official body / entity? I have only heard of Luxembourg pushing for blockchain laws on a international level.



Hi,

Thanks for your interest!

As part of IR Team at Bitbond STO, I'm qualified to answer these questions.

• While ICOs are unregulated offerings, STOs underly securities regulations and have to meet requirements defined by financial authorities. Security tokens are underpinned by real assets, such as equity in a company or as in the case of the Bitbond STO a debt and profit participation .

• Security tokens represent securities that are linked to established legal frameworks and business fundamentals. The prospectus of the BB1 token is fully compliant with EU prospectus regulation . This protects investors and reduces fraud risks.

You're correct with Luxemburg and other EU countries like Germany still looking at standard regulatory framework around blockchain technology and crypto-assets. But as Bitbond is already recognized as a financial institution, this is what makes BB1 a front-runner in the STO landscape!

For additional information on these relevant questions, feel free to watch this video presentation: https://youtu.be/LVTbnSQmWcc

Julien l Bitbond Team



Thanks for the detailly provided information but some questions are unclear for me too. Is your project's customer database comply with the rules of lastest GDPR rules by EU?


Hi,

Yes, Bitbond platform is GDPR compliant with its customers database as per the first line of our privacy policy page: https://www.bitbondsto.com/privacy

Thank you for the relevant question.

Julien l Bitbond Team

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