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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 (100%)
Financial
ICO Price: 1 ETH = 7,800 - 6,500 DEB
Accepting: ETH
Hard cap: 20,000 ETH
Social Media
  • 1

    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

  • 2

    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

  • 3

    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

  • 4

    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

  • 5

    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

Martins Liberts


Donatas Juodelis


Justas Saltinis


Monika Varkalyte


Mazvydas Mackevicius, PhD


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