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.
Rated on 5 Dec 2017
the project is contingent on the development of local or regional counterparties, i.e., verification, risk assessment, insurance, debt collection etc.
I do not believe this to be a viable model, especially in economically depressed or developing countries.
Crowdsale hard cap is set at 50 000 ETH, the funds needed to develop Debitum Network to a full production version. I do not believe this ico will raise $23mil usd.
Rated on 10 Jan 2018
Team needs improvement
Please read our newest blog post about new team member: https://blog.debitum.network/mart-lume-explains-why-he-decided-to-join-the-debitum-network-team/
Debitum team comes with hands on experience in both IT and fintech with established 2 successful companies.
If you find this information reasonable, we would like you to reconsider your rating.
Rated on 28 Dec 2017
Thanks for your rating. Would you be able to provide any comments? We have announced some news considering our team, product development etc. after you have rated us. Is there any chance you could reconsider your rating?
Rated on 17 Nov 2017
Thanks for your rating. If you have any comments, we would love to read them. Our project has improved a lot since you have rated us in Nov17. Take a look at: https://debitum.network.
If there is a chance, we would appreciate our rating improvement.
Rated on 10 Jan 2018
Week team behind the idea. Young people developing an interesting idea but with almost 0 experience in blockchain. 5 people trying to establish an empire? Also I would recommend more advisors on board that can recommend and endorse their project legaly and with advisory. That is why I would rate Team with 2.
Vision - 3.
Product - 2 - just because they have to work on the development on their idea. Also to explain a bit more the advantages they have compared to their competitors on the market.
Thanks for your comment. I think you would be interested to read our newest blog about new members in Debitum team: https://blog.debitum.network/mart-lume-explains-why-he-decided-to-join-the-debitum-network-team/. Debitum team has hands on experience in both IT and Fintech. We have developed smart contract and blockchain solutions in house , we did not oursource. Our advisory team is international with highly skilled professional in their area of expertise.
Moreover, we have a working MVP (https://debitum.network/mvp) and we have already started working on product development to reach a goal of product launch in Q3 2018.
If you find this comment meaningful, we would like you to reconsider your rating.
Thanks a lot.
Rated on 17 Dec 2017
Rated on 16 Jan 2018
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
TeamApply as an advisor
Well established executive and entrepreneur with deep insight in technology, finance and the future.
Global networker making strong connections worldwide with the ability to inspire individuals joining the cause.
Successful certified CFA with an established track record in creating an alternative financing ecosystem.
|up to 500 ETH raised||1 ETH = 7,800 DEB|
|up to 2,000 ETH raised||1 ETH = 7,500 DEB|
|up to 6,000 ETH raised||1 ETH = 7,150 DEB|
|up to 14,000 ETH raised||1 ETH = 6,850 DEB|
|up to 20,000 ETH raised||1 ETH = 6,500 DEB|
- 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
- 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
- 2017.10: Launching of the marketing campaign
- 2017.10: Expanding the Debitum Network community
- 2017.10: Incorporating Debitum Network
- 2017.11: Crowdsale
- 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
Develop Debitum Network ecosystem version 1.0 with manual on-boarding of asset generators, investors and additional service providers