It’s rare to find a project that promises real-world solutions and meet up with it. For a long while, Bitbond has been working behind the scene as a cryptocurrency lender. The beauty of this approach is that more investors are able to gain access to cryptocurrencies without the inherent hassles associated with them.
Aside from this, Bitbond opted to work on the premise of the most valued crypto coin, Bitcoin. At the time it commenced operations, the platform was able to facilitate 3,000 loan transactions. After the launch in 2013, this Germany-based project was able to provide over €13 million worth of loans to small-scale business in over 80 countries of the world.
With the success recorded over the last couple of years and the massive adoptions of its features, Bitbond is once again, making explorations in another viable sector in the crypto-sphere.
The way out as proposed by Bitbond
The latest disposition of this project is to enthrone a security token for the overall benefit of the crypto community. You would agree that it’s long overdue for more decentralized platforms to make use of the privacy and security features that come with such tokens. Although Bitbond is not the first to launch a security token offering, it is the first to do so in Germany.
It’s a tortuous journey because it has to close ranks and also fight against the status quo. Interestingly, Bitbond has been able to gain traction, especially with the support of €5 million from investors that are passionate about its offerings.
Now, the project is ready to institute a token that will take the crypto community by the storm. Known as the BB1 Token, it helps to enhance the operations of this project. Above all, it has the support of European Union Prospectus Regulation. In the same regard, it has the support of Germany’s financial regulator, BaFin. To that end, Bitbond can offer its security token (BB1) in European countries and in Germany.
The Features of the BB1 Token
As expected of a viable project like this, the BB1 token ought to have many features that set it apart from the current coins that are working on the same template. Below are the benefits that come with having this token in your wallet.
● Global Access
Because of the traction, it gained in Europe and in Germany, the BB1 token is easily accessible in these regions. In the same vein, it facilitates loans across borders. Considering the fact that its parent platform, Bitbond recorded massive success in the same sector, there's no doubt that the token will also scale.
● No Intermediaries
When transacting with this token, you wouldn’t need the services of a third-party. Everything is strictly between you and the other party or the platform (as the case might be).
● Maximum Security
At a time like when many decentralized projects are striving to gain recognition by regulators in the industry, the dual acceptance of this project and the underlined token in Europe and Germany is something to be bullish about. This means that your crypto investments are safe and not under threats by any regulating party.
Token Sales Information
Ticker: BB1
Token Type: Security Token
Platform: Stellar
Price: 1 BB1 = 1 EURO
Soft Cap: €5 million EURO
Hard Cap: €10 million EURO
Accepted Currencies: Stellar (XLM), Fiat, Ethereum (ETH), Bitcoin (BTC)
Country of Registration: Germany
Not Participating: Canada and the USA
Conclusion
Bitbond is gradually becoming an enigma of sorts in the crypto-sphere. Its disposition to crypto lending culminated in the latest quest to institute a security token for wider usage. The migration is commendable and looks good to make its mark.
For greater insight on Bitbond project, please visit the links below
Sign up for STO on website : https://www.bitbondsto.com/?a=ANRECZ
WP: https://www.bitbondsto.com/files/bitbond-sto-prospectus.pdf
Light paper : https://www.bitbondsto.com/files/bitbond-sto-lightpaper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5130337.0
Telegram : https://t.me/BitbondSTOen
Twitter : https://twitter.com/bitbond
Facebook : https://www.facebook.com/Bitbond/
YouTube : https://www.youtube.com/user/Bitbond
Instagram : https://www.instagram.com/bitbondofficial/
Writer's info
Bitcointalk username : deodivine1
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1390292
Bitbond Affiliate link : https://www.bitbondsto.com/?a=ANRECZ