What is Debitum Network?

Debitum Network (DEB)

Website

Whitepaper

Debitum Network (DEB) is aiming to create a new level and streamlined platform that allows people to lend capital without the fees associated with traditional lending. These will make impossible for businesses around the world to access financing.

The Network also aims to function as a platform which offers borderless small business financing. It wants to leverage the dynamic and power of the blockchain technology to secure and distribute fiat investments to small businesses. Another thing the DEB wants to do is to wrestle control away from centralized banking institutions. By helping inaccessible, over-regulated nature of credit from incumbent banking platforms.

How does it work?

All users need to do is to contribute to Debitum Network and receive DEB tokens. The well-constructed ICO is backed by large, establishes financial and IT firms. This allows the network to leverage the power of the blockchain technology to help SME businesses grow their profits together with the Debitum Network.

The ICO

The ICO was used to generate the capital needed for the development and launch of the platform. One billion DEB token was released during the ICO that ended on December 30th, 2017.  The platform was able to hit their 20, 000 ETH target during the crowdsale.

Benefits of Debitum Network

The Debitum network has the best benefits that any cryptocurrency users can enjoy. Aside from offering users with more possibility and less vulnerability, Debitum also aims at

  • Solving 2 trillion USD credit gap for small businesses worldwide.
  • Raised more than 2 million USD in 2 hours of the crowdsale
  • All products in development will be ready for the official launch.
  • Better, stronger, smarter and much faster in uniting borrowers and those who help them apply. Professionals and companies can connect-in for free and define facilitating cross-border deals immediately.
  • Build as a hybrid platform through the Ethereum blockchain which makes the platform secure and incorruptible.

DEB token economy

Based on the DEB token usage, users can gain loans. The total number of tokens needed to buy DEB tokens will surpass the total ability to sell DEB tokens, thus creating an upward pressure on DEV token price.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Cryptostec
DISCLAIMER The information contained on this website is provided for informational purposes only and is not intended to substitute for professional financial, legal or tax advice. You should consult a professional before acting on any information you find here. This website may be compensated by companies mentioned through advertising, affiliate programs or otherwise. Any references to third party products, rates, or websites are subject to change without notice. Please do the appropriate research before participating in any third party offers. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage © Copyright 2021 Cryptostec