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Debitum Network

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Debitum Network is an innovative hybrid ecosystem for small business financing - utilizing Ethereum blockchain based process together with principal and interest moved using fiat. This ecosystem based on decentralized and motivated communities brings together SME borrowers, local and regional risk assessors, debt collectors, insurers as well as global investors with interconnected trust-based smart contracts.
General
Website: Visit
White paper: Read
Bounty: Bounty
ICO Time: 25 Jan 2018 - 25 Feb 2018
Country: Lithuania
Token info
Ticker: DEB
Platform: Ethereum
Available for sale: 400,000,000 DEB
Total supply: 400,000,000 DEB
Video
Financial
Raised $ 17,000,000
ICO Price: ≈ 0.13 USD
Accepting: ETH
Hard cap: 20,000 ETH
Last screenshot taken on 6 Mar 2020
Debitum Network ICO
Screenshots taken 3 Feb 2018
2015 – Q2 2017 - Start of the company
- 2015: Incorporated DEBIFO – an alternative finance company

- 2016.01: Joined Mintos p2p finance platform

- 2016.10: Reached financing agreement with a private debt fund MUNDUS

- 2017.02: Envisioned Debitum ecosystem

- 2017.06: Reached 3M EUR portfolio, nearly 20M EUR asset turnover
Q3 2017 - Creating Proof of Concept
- 2017.07: Expand core team with business and technology advisers

- 2017.08: Establish global business development team

- 2017.09: Build and deploy MVP version on Ethereum Ropsten blockchain

- 2017.09: Align with first counterparties of ecosystem
Q4 2017 - Raising funds via Crowdsale
- 2017.10: Launching of the marketing campaign

- 2017.10: Expanding the Debitum Network community

- 2017.10: Incorporating Debitum Network

- 2017.11: Crowdsale
Q1-Q3 2018 - Building Debitum Network 1.0
- 2018.03: Expanding Debitum Network team to prepare for global expansion

- 2018.06: Establishing Debitum Network in the first target country

- 2018.09: Testing and auditing Debitum Network 1.0 before public launch
Q4 2018 - Debitum Network 1.0
Develop Debitum Network ecosystem version 1.0 with manual on-boarding of asset generators, investors and additional service providers
Mazvydas Mackevicius, PhD
Participates in several projects
Justas Saltinis
Takes part in this project only
Donatas Juodelis
Takes part in this project only
Martins Liberts
Takes part in this project only
Monika Varkalyte
Takes part in this project only

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