Germany’s First Security Token Offering Launches a Bounty Program

Bitbond provides working capital financing to business owners around the world. The platform uses blockchain technology for efficient cross-border payment processing and has developed a machine learning powered credit scoring system.

One interesting thing about the Bitbond STO, is that before Bitbond over 130 other companies submitted security tokens prospectuses to BaFin (the German financial regulator) and none of them was approved.

On May 8th, Bitbond Finance announced their bounty program, revealing that they are allocating 2% of the total funds raised in their STO to the bounty program. This means that up to 2 Million EUR  worth of BB1 tokens is available for bounty hunters.

So far the Bitbond STO has raised EUR 2 Million in investment. Their token sale concludes on July 8th.

Bitbond’s bounty program is tailored to different skill sets and allows participants to earn BB1 tokens in a number of different ways, which are as follows:

  1. Hunter Bounty: This allows participants to earn by referring friends over to the bounty program
  2. Affiliate Bounty: If a participant refers an investor over with their affiliate link the Affiliate Bounty pays 5% of the invested as a commission.
  3. Signature Bounty: This is for people familiar with BitcoinTalk, users with status of Member or higher can earn by adding the Bitbond STO signature to their BitcoinTalk account.
  4. Creativity Bounty: This bounty is aimed for creatives, participants can earn for designing creatives related to Bitbond and their STO
  5. Social media Bounty: Participants can earn by engaging with Bitbond’s content and posting their own content via Twitter, Facebook, Linkedin and Telegram.
  6. Content Bounty: Last but not least with the content bounty participants can earn for producing content such a blog posts, videos etc.

This is just a very brief overview of the Bitbond STO Bounty program - if you would like to learn more or join the bounty program head over to this BitcoinTalk thread.

CEO and Founder Radoslav Albrecht said:

“Since our launch in 2013 Bitbond has always worked closely with the crypto and blockchain community. This bounty program gives us the opportunity to engage further with our community, reward Bitbond early adopters and spread the news about our new groundbreaking project, the Bitbond STO.”

About Bitbond

Bitbond was established in 2013, as the first global business lending platform. Private and institutional investors finance the loans to achieve above average interest returns. Bitbond conducts a credit check on every borrower via its proprietary scoring technology.

Over the past 6 years, Bitbond has generated over $15 million worth of SME loans, funded in over 80 different countries. By using the blockchain for payment processing Bitbond and its users are independent of banks. Bitbond is the first German regulated financial services provider that uses blockchain technology.

Bitbond Videos:

Bitbond company video – 
Introducing Bitbond Token BB1 – 

Bitbond success stories – 

Further information

Press contact

Mollie Thick

[email protected] 

Bitcoin Bull Market: 5 Reasons for the Recent Rally to $9,000

Important information: please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice. Tax rules can change and the value of any benefits depends on individual circumstances.

Last  weekend, Bitcoin surged up to $9,381, soaring over 7% in 24 hours, meaning that bitcoin’s market cap reached $165 billion  - the highest so far in 2019. Since bitcoin breaking the $8,000 mark in May, it has continued its upward movement, although there have been some pullbacks.

Why did bitcoin manage to rise above $9,000? Here are 5 factors that may be contributing to the surge.

BTC Hash Rate Sets New All-time High

Data from shows that the BTC network hash rate - the computing power required for transaction confirmation and network security - topped 62246627 TH/s -  surpassing the previous record set in August 2018. In addition, the number of transactions also reached the second largest number ever at 364,000 - with the largest being  452,000, hit in May this year. According to some analysts, there is a positive correlation between Bitcoin’s hash rate and price.

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Market News - Bakkt’s BTC Futures Trading Test

Bakkt announced last week that it will begin testing bitcoin futures on July 22. The company also announced that it will support the ICE Futures U.S. launch of daily and monthly margined futures for bitcoin by bringing regulated custody as part of the futures contract. It is hoped that the launch will usher in a new era for institutions looking to access crypto markets.

BTC Reward Halving in 2020

The reward for mining new blocks on the Bitcoin blockchain will drop from 12.5 Bitcoin to 6.25 Bitcoin — and this already has people speculating about how this could affect the Bitcoin price.

If history repeats itself, the price of Bitcoin will climb somewhat ahead of the halving event. The rise in price makes sense in terms of supply and demand: large buyers of Bitcoins have to either buy on the exchanges or get them through mining, and a halving event forces more to buy on the market.

Binance Restricts U.S. Users

Binance announced that it will launch a U.S.-based service to avoid uncertainty around its legality In the meantime, it is implementing restrictions for U.S. passport holders worldwide and those based in the country. Binance’s U.S. users (at least 30 million) cannot trade AE, HOT, LINK, NANO, VET and other cryptocurrencies. According to analysts Josh Rager, “With US Binance ban & other exchange delistings, people could be moving into BTC & major market cap coins.”

Bitcoin Used as Hedge

The United States - China trade war, it has seen both superpowers slap tit-for-tat tariffs on each other’s goods, ultimately making everyday products more expensive for consumers. Due to fears of Yuan devaluation, Bitcoin may have risen in value, which vastly outperformed traditional wealth preservation assets.

Many market analysts predict that if Bitcoin can stabilize above $8,800 mark, the next target will be around $10,000.

Trade BTC Futures to Hedge Risks & Take Profits on Bexplus

Bitcoin futures volumes have surged to record highs of $12 billion in May, a growth of 118% from April. JP Morgan believe that because of fake volume, the importance of Bitcoin futures has been understated. Institutional investors have increasingly turned to the cryptocurrency market, and the futures market in particular, to hedge funds - which will likely further boost the bitcoin futures market.

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Bexplus is a world-leading cryptocurrency futures exchanges which provides BTC, ETH and LTC futures trading with 100x leverage. Founded in late 2017, Bexplus is one of the fastest growing startups in the crypto futures market. Now it has established offices in Hong Kong, United States, Brazil, Australia,etc.

Free BTC Giveaways on Bexplus

Bexplus announced 100% deposit BTC bonus giveaway for deposit users - users deposit BTC in the exchange can enjoy up to 10 free BTC bonus and get up to 72% annualized interest by saving BTC in the upgraded wallet. In addition, you also have the chance to get free presents like iPad Air, Apple watch and more.

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