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This coin - Live This coin price and market cap

This coin - Live This coin price and market cap

Full Name
Bitbond (BB1)
Symbol
BB1
Algorithm
BTC Price
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BTC Market
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BTC 24h Vol
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Total Coins Mined
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1h
24h
7d
Description

Bitbond (BB1) Crypto ICO Description

The Bitbond Token (BB1) is Germany's first security token and aims to make business lending globally accessible. Bitbond is a crypto-currency based lending platform for business loans that operates globally. Founded in 2013, Bitbond now facilitates more than $1 million in business loans every month. The issuer of the token is Bitbond Finance GmbH, a company fully owned by Bitbond GmbH.

BB1 are Stellar-based tokens, token holders will receive 1% interest on their invested amount every quarter (4% per year). Additionally, token holders receive a variable coupon paid out once per year. 

Technology

Bitbond (BB1) Crypto Technology

Sorry, detailed technology about Bitbond (BB1) is not currently available

Features

Bitbond (BB1) Crypto Features

Sorry, detailed features about Bitbond (BB1) is not currently available

ICO Status

Bitbond (BB1) ICO Details

ICO Status
Upcoming
Token Supply
100000000
Start Date
2019-03-11
End Date
2019-05-10
Fund Raised (BTC)
N/A
Fund Raised (USD)
N/A
Start Price (USD)
0.70
Security Audit Company
N/A
ICO Legal Form
Corporation
ICO Jurisdiction
Germany
Legal Advisers
N/A
White Paper

The Bitbond Token (BB1) is Germany's first security token and aims to make business lending globally accessible. Bitbond is a crypto-currency based lending platform for business loans that operates globally. Founded in 2013, Bitbond now facilitates more than $1 million in business loans every month. The issuer of the token is Bitbond Finance GmbH, a company fully owned by Bitbond GmbH.

BB1 are Stellar-based tokens, token holders will receive 1% interest on their invested amount every quarter (4% per year). Additionally, token holders receive a variable coupon paid out once per year. 

Team:

  • Radoslav Albrecht: FOUNDER & CEO. 
  • Jarek Nowotka: CTO. 
  • Michael Pinkus: CFO. 

Bitbond ICO begins on March 11th, 2019. The ICO token supply represents 80% of the total token supply, so there is a total of 80,000,000 tokens available, for 0.70 EUR each. The ICO funding target is unknown, the funding cap is 100,000,000 EUR and is expected to end on May 10th, 2019 or when the funding cap is reached. 

Token Reserve Split (20%):

  • 20% Company;

Bitbond ICO campaign features bonus, and the token will not be mineable.

Bonus Structure:

  • 30% Discount tier 1
    11.03. – 01.04.2019 or up to €1m
  • 10% Discount tier 2
    02.04. – 08.04.2019 or up to €3m
  • 5% Discount tier 3
    09.04. – 15.04.2019 or up to €5m
  • 3% Discount tier 4
    16.04. – 22.04.2019 or up to €9m
  • Regular price
    23.04. – 10.05.2019 or up to €100m
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