Debitum Network

Global small business financing

Ended

2018/01/25 - 2018/02/25
ICO
Debitum Network
Token
DEB
Price
1 ETH = 2 888 DEB
Platform
Ethereum
Accepting
ETH
Bounties
Available
Bonus
Available
Min. investment
0.1 ETH
Hard cap
24,000 ETH
Country
LT:Lithuania
Raised
$1,200,000

Debitum Network is a distributed ecosystem consisting of various counterparties involved in small and medium businesses (SME) financing process – borrowers, risk assessors, insurers, investors, debt collectors and other counterparties – who all use Debitum tokens as the only possible means of payment among themselves when transacting within the Debitum Network.

Utility of Debitum tokens will be multifold. We have analyzed various possible token models, applied the findings to Debitum Network use cases and accordingly designed Debitum token to run two key roles within the ecosystem:

Value exchange role to build and nurture Debitum Network economy: Debitum tokens will be spent by borrowers and investors to buy services on the ecosystem with an ability to set the price for the services acquired in accordance with the quantity and quality of services received. Debitum token will allow all ecosystem users to earn value and to spend it on valuable services in a measured way.

Toll role Debitum tokens will be used as a security to guarantee a counterparty’s delivery of service.

Moreover, tokens will also be used to run Trust Arbitrage smart contracts that will indicate trust levels of counterparties within the ecosystem. This way tokens will ensure credibility of Debitum Network.

February 2, 2014

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

February 2, 2014
May 10, 2015

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

May 10, 2015
June 21, 2016

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

June 21, 2016