Debitum Network

Debitum Network

Created using Figma
Created using Figma
A platform for accessible business lending / borrowing.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • KuCoin
    DEB/BTC 7 minutes ago
    $ 0.0047
    $ 23.457 K
    -1.66%
    -4.41%
  • KuCoin
    DEB/ETH 4 hours ago
    $ 0.0046
    $ 3.183 K
    -3.88%
    135.26%
  • LATOKEN
    DEB/ETH 3 days ago
    $ 0.0219
    -
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  • Bamboo Relay
    DEB/WETH 7 days ago
    -
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  • TokenJar
    DEB/WETH one month ago
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  • Lykke
    DEB/ETH 2 months ago
    $ 0.0101
    -
    -
    -
  • AirSwap
    DEB/ETH 2 months ago
    $ 0.0034
    $ 10.14
    -
    -
  • Lykke
    DEB/BTC 3 months ago
    $ 0.0040
    -
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  • LATOKEN
    DEB/BTC
    -
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Jan 25, 2018
Feb 25, 2018
100% completed
$16 574 400
384% cap completed
Cap 20 000.00 ETH
past
Dec 7, 2017
Dec 21, 2017
100% completed
$7 560 380
37% goal completed
Goal 20 000 000.00 USD
past
Token Details
Ticker
DEB
Accepted Currencies
ETH
Company Details
Registered Country
Lithuania
Additional Details
Platform
Ethereum
Categories
Platform, Cryptocurrency, Business services

About Debitum Network

Debitum is an existing business in alternative finance for 3+ years. There is a global credit gap for SMEs of more than $1.5 trillion worldwide. We want to disrupt and revolutionize this by creating a new ecosystem - Debitum Network. It will be a blockchain and trust based ecosystem joining various players (investors, risk assessors, document validators, insurers etc.) to complete end-to-end financing loop for SMEs.

It is very important to have a process based solution here as only such approach allows for a mix of local / global players to close the financing gap, earn money on their services and provide needed juice for SMEs growth and development. Traditional finance institutions are failing hard on this issue for ages - it is time we take it in decentralized hands and solve.

Features


- Crypto is used by borrowers and investors to buy services on the ecosystem (risk assessment, debt collection etc.)
- Interest and other fees seIled in crypto.
- Financing in fiat, interest-free
- Normal legacy accounting
- Deal closure in fiat
- Deal track-n-trace

Debitum Network Roadmap

  • 2015 – Q2 2017 - Start of the company

  • 2015: Incorporated DEBIFO
    2016.01: Joined Mintos p2p
    2016.10: agreement with fund MUNDUS
    2017.02:Debitum ecosystem
    2017.06: 3M EUR portfolio
  • 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
  • Read More
  • 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

Activity

Activity:
1 806
VERY HIGH
Posts:
11 528
VERY HIGH
Views:
89 458
VERY HIGH
Activity:
1 806
VERY HIGH
Merit:
1 023
VERY HIGH
Posts:
11 528
VERY HIGH
Views:
89 458
VERY HIGH
Users:
2 803
VERY HIGH
Posts:
1 602
VERY HIGH
Followers:
19 585
VERY HIGH
Likes:
18 795
VERY HIGH
Rating:
4.90
VERY HIGH
Followers:
6 193
HIGH
Tweets:
565
VERY HIGH
30 Days Growth:
-29
Year commits:
0
Watchers:
3
Stars:
2
Forks:
0
Open issues:
0

Debitum Network Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Martins Liberts
unverified
Donatas Juodelis
unverified
Justas Saltinis
unverified
Mazvydas Mackevicius
unverified
Monika Varkalyte
unverified

Debitum Network Last News

$ 0.0046
-0.63%
Coin Stats
Daily, %:
-0.63%
Weekly, %:
96.53%
Monthly, %:
60.07%
Market Info
Market Cap:
$ 921.008 K
Volume 24h:
$ 22.946 K
Circ. Supply:
199.646 M DEB
Ticker:
DEB

Debitum Network Reviews

thetechinsider.org
reviews

Summary

Basically, Debitum shows some promise despite having competition within the field. Additionally, it does assist SMEs through the use of Ethereum’s open network, AI technology, through smart contracts.

If you’re a small business trying to obtain support for company growth, feel free to give Debitum a look!

Positives
SME Assistance: Debitum helps small businesses obtain funding in a safe and decentralized manner.
Smart Contract Protection: The smart contracts are used for each transaction and can spot which user is using it for negligent activity.
Efficient Team: With over 5+ leading members and 10 advisors onboard, Debitum is dedicated to helping this project reach its completion.

Negatives
Funding Quality: How will Debitum ensure that lenders are assisting their borrowers within their network?
Competitors: There is another ICO named Salt that targets the same SME market. We will have to see which one obtains the most market share in upcoming years.
Token Usage: How does the ICO plan to use its tokens when conflicts need to be resolved? While the token is useful, we would like to see further explanation on how its used to fix issues.

Read More
bitcoinexchangeguide.com
News, reviews

The Debitum Network is an extremely well-constructed initial coin offering that is backed by a number of large, established financial and IT firms, and is definitely worth strong consideration as a solid investment.

Read More
icotokennews.com
reviews

Debitum is striving hard to develop a decentralized and trusted environment for SMEs. They want to create a solution that removes the interference of highly regulated third parties by connecting borrowers, investors, and service providers in the most trustworthy and effective space. The DEB tokens act as fuel for the network and are used by different counterparties for doing payments. If you also want to contribute to the development of this project, you can participate in its ICO and also enjoy bonus benefits.

Read More
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