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Bailsman

ICO Ended
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It has become common practice in several business sectors to ask clients for a security deposit, predominantly in real estate rental, accommodation, and car rental markets.

Bailsman offers exactly this - a quick and easy blockchain-based security deposit solution for clients who don’t have the required amount of money or simply prefer to spend it on something else. Bailsman provides a third party guarantee to the merchant for a small monthly fee that is paid by the client, instead of making the security deposit payment and tying up the cash.

Merchants can rest assured, as there is no risk of not receiving the requested claim amount. Bailsman only provides guarantees that are 100% backed by licensed financial institutions or telecom companies, and will be paid out irregardless of the client’s financial situation.

Growth opportunities for Bailsman are huge, as global security deposit funds across sectors are estimated to be more than $1.5 trillion. Bailsman has already started to develop a platform for the residential real estate industry (a market size over $300 billion) and is holding a token sale to improve the platform and accelerate expansion into new segments and countries.
9.5
TOTAL SCORE
8.8
ICO PROFILE

(weight: 45%)

10
SOCIAL ACTIVITY

(weight: 35%)

10
TEAM PROOF

(weight: 20%)

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General
Website: Visit
White paper: Read
Pre-sale Time: 16 May 2018 - 01 July 2018
ICO Time: 01 Sept 2018 - 30 Sept 2018
Whitelist/KYC: KYC
Country: Estonia
Token info
Ticker: BAILS
Platform: Ethereum
Token Type: EIP20
Available for sale: 2,000,000,000 BAILS (51%)
Financial
ICO Price: 0.0349 USD
Accepting: BTC, ETH, BCH, LTC
Soft cap: 10,000,000 EUR
Hard cap: 60,000,000 EUR
Q1 2016
Concept developing and testing.
Q2 2017
IT and Legal Development process start.
Q4 2017
Development of Real Estate solution.
Q3 2018
Token Sale.
Q4 2018
Official launch of real estate solution.
Q4 2018
Release of Bailsman app, expansion to Finland/Sweden.
Q1 2019
Real estate expansion to Germany.
Q2 2019
Real estate expansion to UK.
Q2 2019
Real estate expansion to other EU countries.
Q3 2019
Entry into car rental and accommodation market.
Q4 2019
Expansion outside EU.Start offering “Buy Now, Pay Later” solutions.
Q4 2020
Applying for required licenses for Bailsman to start offering its own guarantees.
Screenshots taken 30 Jun 2018
James Oates
CEO
Indrek Rand
COO, Co-Founder
Priit Puppart
Chairman of the Board, Co-Founder
Reimo Hammerberg
Legal & Regulatory
Oleg Šurõgin
CTO
Kadri Salus
CMO

Advisors (14)

Peter Phillips-Minet
Executive Director at Goldman Sachs
Arti Ots
CEO at Kcell
Kaido Saar
Former CEO at Bigbank, leading Baltic consumer finance bank
Marek Pajusaar
Head of Risk and Control at Change Finance, Former Risk Manager in Estonian FSA
Indrek Vilms
Founder of SupplierPlus
Anton Gans
Managing Partner at Zenith Capital Management
Kalev Reiljan
COO at Division X, Telia
Kätlin Hein
Senior Associate at Sorainen Law Firm
Teddi Rull
Co-Founder at Agrello Foundation
Mike Raitsyn
Co-Founder of ICOBox
Alex Linenko
Lead Business Development manager at ICOBox
Kaarel Loigu
Chief Credit Officer / Head of Credit Division at Versobank AS
Stephen Drew
Partner at Crypto Global Capital
Shaun Dindial
Partner at Crypto Global Capital
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