BitbondSTO – Investing the Right Way

Bitbond – The Company  

Bitbond is a global lending company founded in 2013 and has its head office in Berlin, Germany. Bitbond facilitates loans on its platform to people all over the world. An outstanding figure of over 3000 loans has been distributed worth over a whooping €13,000,000 to loan applicants across 80 countries. Bitbond is also Germany’s first BaFin regulated Blockchain Company. This to me is very impressive and highlights the company’s success, reliability and authenticity. Bitbond essentially earns revenue by charging origination fees to borrowers and repayment fees to investors. These origination fees range from 2-3% of the loan amount and repayment fee ranges from 0.5-1.5% of the total repayments. A good strategy,  fair on investors and borrowers. 

Bitbond STO – BB1 Token  

The company is setting its sights on the blockchain and now venturing into cryptocurrency and the world of STO’s (Security Token Offering) with the launch of BitbondSTO.  With this move Bitbond hopes to break into the cryptocurrency market with its STO token, BB1 and expand the companies reach, making its quality business services accessible to investors and borrowers across more parts of the world.  

Why STO? 

Initial Coin Offerings (ICO’s) has had explosive growth since 2017. In recent times, numerous projects have been able to raise mind blowing sums of money from ICO’s. In 2018 a project called Block.one was able to raise over $4 billion from an ICO. Telegram Open Network raised $1.7 billion and Dragon Coin managed to raise $320 million in 2018 too, just to mention a few. Even with the success of ICO’s there are some major down sides to this sort of investment. Most ICO’s raise funds in unregulated environments. Some go as far to position their cryptocurrency as utility tokens/coins to circumvent regulations; therefore  there is a lack in investment security and these investments  and these investments turn out to be extremely risky. There are also risks of high volatility, low liquidity, uncertainty that the project hosting the ICO will deliver all stated in their whitepaper. Investors in ICO’s are also at risk of losing their money to scams and disguised pump and dump schemes.  

In contrast, STOs are launched with regulatory governance in mind. They are registered with required government bodies, meet all the legal requirements and are 100% lawful. STO’s are approved by financial regulatory bodies such as SEC (USA) and Bafin (Germany).  Security token also improve liquidity by enabling fractional ownership of an investment or product and thereby lowers minimum investments. This allows more liquidity to come into the market. In contrast to ICO’s and  utility tokens that are only calculated to represent future access to an issuing Project’s product or service, STOs represent the underlying interest in equity, profit sharing, dividends, voting rights, and other benefits that their investors can have. Security tokens represent a legal right to ownership of the intrinsic value of the issuing company. They provide significantly greater value to the holder, while potentially reducing the risk.  

BB1 Token 

BB1 is Germany’s first security token issued by Bitbond Finance GmbH (Bitbond subsidiary), operating on the Stellar blockchain.  The Bitbond token offers investors and holders a more secure and stable cryptocurrency and generous returns on investment. Token holders receive 1% of the invested amount 4x per year, a variable component which will be paid out annually. BB1 tokens will be bought back by Bitbond Finance in 10 years at a fixed value of €1 for each token. Currently the BitbondSTO is on and you can invest and get your ond tokens tokens here . Each BB1 token is valued at €1 and the STO ends early July 2019 so don’t be left out.  

Bitbond is a solid and authentic company with a highly experienced, professional and motivated team and employees. With their already remarkable portfolio and achievement I have no doubts that BitBondSTO will be a successful and then BB1 holders will be known as moon people.   

Link to BitbondSTO Website Here
Link to Prospectus Here
Link to Lightpaper Here
Link to LinkedIn Here