Bitbond STO is a new token offering hosted by Bitbond, the German peer-to-peer lending platform providing business loans through blockchain technology. Bitbond has become and continues to be a successful operating business with over $1 million in funded loans every month, issued over 80 countries.Bitbond is also Germany's first BaFin regulated blockchain company. There is a current 10% discount per BB1 token bought. The Expected annual loan volume by 2022 is estimated to be €1 billion or $1.13 billion.
Bitbond's Token Returns
The name of Bitbond STO's new token is "BB1" which will be issued on the Stellar blockchain. With a processing capacity of over 1,000 transactions per second, transaction costs at a fraction of a cent, a built in decentralized exchange and a global network of active partners using the platform, Stellar is one of the most efficient blockchains for payment processing and token issuance.
Token holders will receive:
1.) 1% of the invested amount 4x per year (4% p.a.)
2.) A variable component paid out annually
(60% of the pretax profits of Bitbond Finance)
Both the quarterly and the annual coupons continue for 10 years, at which point the token reaches its maturity and is bought back at its face value of €1 per token.
TOKEN PRICE
Right now for any investors not residing in the U.S. who are interested in joining this token offering, there is a 10% discount on each token until the April 8th or up to 3 million is funded. The Following week the discount will drop to 5% and then 3% and then the full price of 1 EUR.
- The hard cap is set at 100 million tokens.
- Tokens are only generated if they are
bought
USE OF FUNDS
In this picture you can see the plans for what Bitbond will use the funds raise from the token sale
TOKEN LIQUIDITY
Investors holding Bitbond's BB1 tokens will benefit in many ways:
Instant Transferability - The BB1 is distributed to the investors’ wallets when the STO subscription period concludes and becomes immediately transferable
Efficient Transactions - Stellar is more efficient than other blockchains, drastically
reducing the cost of global payment transactions.Easy Setup - When purchasing the BB1 Token, Token holders will
automatically receive a Stellar Wallet. Holders can also use existing Stellar wallets.
Examples of Compatible Wallets:
LOBSTER Interstellar
This token offering is probably one of the only if not very few that is hosted by a legitimate and we'll established company following EU compliance. So what are you waiting for, join the Bitbond STO token sale now.
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