debitum token 8

Debitum Token versus USD Coin DEB vs USDC

On Debitum, the lenders are required to finance between 10% to 30% of their loans with equity (skin in the game). This ensures that the lender has a vested interest in maintaining a good portfolio quality. All assets offered on Debitum have a buyback guarantee issued by the lenders.

Debitum Token vs Gas: Coin Information

• None of the initial backers received any value from purchasing the DEB token in 2018.
• These include improvements for the loan supply, interest rates and liquidity.
• With EUR 600+ million in investor assets under management and more than 500,000 registered users, Mintos is the largest P2P lending platform in Europe.
• How does Debitum work and what should investors know and consider when investing on the plaform?
• Non-performing loans can impact your liquidity and returns on Debitum, as the platform must first recover the debt before you can withdraw or reinvest your funds.

The founder has confirmed that this goal remains a priority for the platform. We dug deeper than most financial bloggers, who are happy to praise Debitum for short-term commissions. However, if you choose to disregard the platform’s history and practices and believe the new management has good intentions, you may continue reading.

Our Interest Level does not constitute financial or investment advice. Over time, Debitum Network removed information about the DEB token from its website. Debitum is a regulated Latvian platform offering asset-backed securities investments starting from just €10.

Debitum Network is an innovative hybrid ecosystem for small business financing – utilizing Ethereum blockchain based process together with principal and debitum token interest moved using fiat. The DEB token was discontinued on Debitum Network and removed from the platform before the company’s sale to the new management in 2023. None of the initial backers received any value from purchasing the DEB token in 2018. The funds raised through the token generation event (valued at USD 17.2 million in 2018) were used to build the platform and pay out the shareholders. Debitum Token DEB was developed in 2016 by Martins Liberts, Donatas Juodelis and Justas Saltinis.

• Esketit is a Latvian P2P lending marketplace run by the experienced founders of AvaFin, a well-known lending group in Europe.
• For those interested in short-term returns, the debitum offers options with daily interest payments, allowing you to reinvest your profits as they accumulate.
• Due to the platform’s regulation, Debitum must also comply with a high level of compliance and transparency standards, which enhances the safety of the P2P lending platform.
• However, the company failed to deliver on the original promises outlined in the Debitum Network whitepaper.
• The first ten bonds were offered by Sandbox Funding, with a term of 6 to 12 months and an interest rate of between 13% and 13.5%.

Debitum Risks

The funds raised from this event were intended to build the platform and expand the business. As a result, investor funds – which in theory could have been paid out immediately after the end of the war – would remain tied up for another four years. The fact that the former Debitum shareholders took this decision independently and without consulting with the affected investors, suggests a lack of investor interest by the platform.

Since my Debitum comeback in July 2024, I have been able to achieve a total return of 15.46%. Considering the risk profile of the platform, Debitum therefore offers one of the most competitive returns in the P2P lending space. Neither for deposits or withdrawals, nor for the functionalities when investing on the platform. This is amortised over the entire term as the underlying loans are repaid.

Further analyses of other platforms can be found on my P2P Platform Review page. The token page shows information such as price, total supply, holders, transfers and social links. The company backing Fintown has a good track record and excellent payment morale. According to Debitum’s whitepaper, the platform was designed to address the credit gap for small and medium-sized enterprises (SMEs).