Debitum Network - Financing Small and Medium Sized Enterprises

Introduction:
Everyday small to medium sized enterprises with a great product idea or concept struggle with the funding of their project. Often that is the cause, why projects already fail in the early phase. Funds are often regulated by the central banks and mostly financial institution are forced to block SMEs (Small and Mid-sized Enterprise ) from receiving funds from investors. This is since today a big problem, because according to the World Bank 2017 almost 70% of all SMEs worldwide are lacking the access to credit. In other words, that is in sum a 2 trillion USD credit gap for SMEs worldwide.
Debitum Network, a currently ongoing ICO is offering a solution for this problem, by levaraging the blockchain technology, to offer fiat investments to SMEs worldwide.

How does Debitum Network function?
The first step is that you basically contribute to the Debitum Network and in return get DEB tokens. Now let's asume that someone around the world has a great project ongoing, but is clearly missing the funds to keep the project started or ongoing. He now can use the Debitum Network to apply for a loan with an interest rate he can decide. The application needs detailed information about the project, as well as a financing plan. Investors, who now believe in the project can finance the project from anywhere around the world. By doing so, the projects receives support in many smaller parts which sums up to the funding goal. As the business grows and the project is running successfully, investors are then paid back their loan plus the interest rate. The advantage of using Debitum Network vs. traditional bank fundings are not only that there are no more restrictions from the bank site, but also that interests are probably lower and anyone with spare money left can participate. You clearly don't need to invest big amounts, since the crowd helps each other out to fund a project. As the Debitum Networks grows globally and also the total amount of DEB tokens are limited, the value of each DEB token will increase with the popularity and usage of the network.

3 valid arguments, why Debitum Network will succeed:

• The Debitum Network team is already fully established (check out the team on the official website, with more information on each of their linked profile). During the past few years, the team has gain alot of expertise in the field of alternative decentralized financing. With an already functioning network of investors and funding requests, the project is in shortly ready to start.
• The DEB tokens are sustainable. With a limited total amount of DEB tokens, the value of each token will increase with the popularity and usage of the project.
• Debitum Network already has developed a fully working MVP, which can be tested live on the official website. The MVP is running fully on the blockchain infrastructure based on Ethereum and is ready to be tested out

Here is a great video by the CO-founder Martin Liberts, explaining how the Debitum Network will work and how to participate in the ICO crowdsale:

DEB Tokens:
As already mentioned above, the DEB tokens will be the official cryptocurrency for the Debitum Network ecosystem. The tokens will be used for transactions within the Debitum Network.

• The hardcap for the Debitum Network ICO is 24.000 ETH
• DEB tokens are Ethereum-based (ERC223) tokens
• The total supply for the crowdsale is 400 million DEB tokens
• The crowdsale is live and will last until 25th February 2018 or until hardcap is reached before
• At the time of writing this article, 1 ETH gives 6850 DEB (incl. a 5% bonus), soon it will be 1 ETH = 6500 DEB

The token distribution will look as follows:

The Roadmap:
Looking at the roadmap you can see that the idea behind this project already is existing since 2015. So far the team has estabilished quite a lot in terms of team growth, acquiring new advisors, doing marketing and building their MVP on the blockchain technology. Currently they are doing their public crowdsale to finance further development as well as expanding the project. Further goals are developments of the network, as well as the project launch.

My opinion:
I'm supporting smaller and medium sized enterprises, because they mostly bring very innovative projects and ideas to life. Seeing those ideas going down because of lacking funds is very sad and not supportive at all for the growth of innovation. That's why I think, that with Debitum Networks solution, this problem can be solved in the future. In my opinion Debitum Network has a really genuine business idea, which will likely to become quite big in the future, if they are able to establish their plan. I truly believe in the success of Debitum Network and definetely will keep an eye on it, since it is in my interest.

Further information:
If you are interested in the Debitum Network project, kindly take a look at their official website, at their whitepaper for more information and join their communication channels.

Website: https://debitum.network/
Whitepaper: https://debitum.network/whitepaper
Facebook: https://www.facebook.com/DebitumNetwork
Twitter: https://twitter.com/DebitumNetwork
Telegram: https://t.me/debitum

My Bitcointalk Profile (Rano): https://bitcointalk.org/index.php?action=profile;u=1609093