BitBoat is an exchange platform for the purchase of Bitcoins online. The service is offered through the site
www.bitboat.net and guarantees delivery of Bitcoins within minutes of ordering.
In line with free market principles, the system introduces supply to demand, namely those in possession of Bitcoins wishing to sell for Euros, and those wishing to buy for the same currency.
The act of purchase is both simple and automatic through the use of Postepay (Poste Italiane ‘s pre-paid card) and Superflash (Intesa San Paolo’s pre-paid card). The service is available only in Italy.
Executive summary:
https://docs.google.com/document/d/1pqp6-c7su0m4-1u2JdAd_IYphjKrcAE9QCTPW8D6dyYBusiness plan, historical performance data:
https://docs.google.com/spreadsheet/ccc?key=0AgSa2BKZz0WudEhMRWkyWlZZeGpEZlY1QUo3eVJnWmc&usp=sharingItalian thread:
https://bitcointalksearch.org/topic/ipo-bitboat-430372The IPO is listed on TheRockTrading,
https://www.therocktrading.com/en/funds/BITBThe reason for the IPO is the transfer of BitBoat ownership from the founders to any interested parties. The founders will keep the Bitcoins gathered for private use, leaving a wallet of Bitcoins in BitBoat to guarantee necessary stock levels for all daily costs.
The IPO has the following attributes:
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IPO starts 30 January 2014
26,000 shares (twenty six thousand)
Starting price of 0.01 Bitcoin per share
20,000 shares (twenty thousand) available as public offer
4,600 (four thousand six hundred) for BitBoat founders
600 shares (six hundred) as CEO stock options
800 shares (eight hundred) of BitBoat capital as ulterior stock options to be assigned and for the generation of capital reserves.
Maximum of 4000 shares (four thousand) per shareholder during the IPO.
Profits to be distributed weekly after costs.
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Thomas Bertani, founder