Bailsman

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Bailsman
Bailsman logo
Bailsman ICO Review
Bailsman ICO
Ticker: BAILS
ICO start: 2018-09-01 11:00:00
ICO end: 2018-09-30 11:00:00
Price: 1 BAILS = 0.03 EUR
Bonus: 1
Tokens: 2000000000
Tokentype: EIP20
Hardcap: 60,000,000 EUR
Softcap: 10,000,000 EUR
Raised: 0
Platform: Ethereum
Distributed: 51%
Minimum: 1 BAILS
Accepting: BTC, ETH, BCH, LTC

It has become common practice in several business sectors to ask clients for a security deposit, predominantly in real estate rental, accommodation, and car rental markets.

Bailsman offers exactly this - a quick and easy blockchain-based security deposit solution for clients who don’t have the required amount of money or simply prefer to spend it on something else. Bailsman provides a third party guarantee to the merchant for a small monthly fee that is paid by the client, instead of making the security deposit payment and tying up the cash.

Merchants can rest assured, as there is no risk of not receiving the requested claim amount. Bailsman only provides guarantees that are 100% backed by licensed financial institutions or telecom companies, and will be paid out irregardless of the client’s financial situation.

Growth opportunities for Bailsman are huge, as global security deposit funds across sectors are estimated to be more than $1.5 trillion. Bailsman has already started to develop a platform for the residential real estate industry (a market size over $300 billion) and is holding a token sale to improve the platform and accelerate expansion into new segments and countries.

Description

Bailsman offers a quick and easy blockchain-based security deposit solution for clients who don't have the required amount of money or simply prefer to spend it on something else.
Bailsman provides a third party guarantee to the merchant for a small monthly fee, which is paid by the client, instead of making the security deposit payment and tying up the cash. Merchants can rest assured as there is no risk of not receiving the requested claim amount. Bailsman only provides guarantees that are 100% backed by licensed financial institutions or telecom companies.

Review

Q1 2016: Concept developing and testing.
Q2 2017: IT and Legal Development process start.
Q4 2017: Development of Real Estate solution.
Q3 2018: Token Sale.
Q4 2018: Official launch of real estate solution.
Q4 2018: Release of Bailsman app, expansion to Finland/Sweden.
Q1 2019: Real estate expansion to Germany.
Q2 2019: Real estate expansion to UK.
Q2 2019: Real estate expansion to other EU countries.
Q3 2019: Entry into car rental and accommodation market.
Q4 2019: Expansion outside EU.Start offering “Buy Now, Pay Later” solutions.
Q4 2020: Applying for required licenses for Bailsman to start offering its own guarantees.[1]

Team

name: title: links: group: photo: iss:
James Oates CEO https://linkedin.com/in/james-oates/ James Oates photo 4.8
Indrek Rand COO, Co-Founder https://linkedin.com/in/irand/ Indrek Rand photo 4.8
Priit Puppart Chairman of the Board, Co-Founder https://linkedin.com/in/priit-puppart/ Priit Puppart photo 4.8
Reimo Hammerberg Legal & Regulatory https://linkedin.com/in/reimohammerberg/ Reimo Hammerberg photo 4.8
Oleg Šurõgin CTO https://linkedin.com/in/olegsurogin/ Oleg Šurõgin photo 4.8
Kadri Salus CMO https://linkedin.com/in/kadrisalus/ Kadri Salus photo 4.8
Peter Phillips-Minet Executive Director at Goldman Sachs https://linkedin.com/in/peter-phillips-minet-25727a41/ Advisors Peter Phillips-Minet photo 6.9
Arti Ots CEO at Kcell https://linkedin.com/in/artiots/ Advisors Arti Ots photo 4.8
Kaido Saar Former CEO at Bigbank, leading Baltic consumer finance bank https://linkedin.com/in/kaido-saar-19494429/ Advisors 4.8
Marek Pajusaar Head of Risk and Control at Change Finance, Former Risk Manager in Estonian FSA https://linkedin.com/in/pajussaar Advisors Marek Pajusaar photo 4.8
Indrek Vilms Founder of SupplierPlus https://linkedin.com/in/indrek-vilms Advisors Indrek Vilms photo 4.8
Anton Gans Managing Partner at Zenith Capital Management https://www.linkedin.com/in/anton-gans-3b05b414/ Advisors Anton Gans photo 4.8
Kalev Reiljan COO at Division X, Telia https://www.linkedin.com/in/kalev-reiljan-08b885a/ Advisors Kalev Reiljan photo 4.8
Kätlin Hein Senior Associate at Sorainen Law Firm https://linkedin.com/in/k%C3%A4tlin-hein-18a8b84/ Advisors Kätlin Hein photo 4.8
Teddi Rull Co-Founder at Agrello Foundation https://linkedin.com/in/teddi-rull-445b1358/ Advisors Teddi Rull photo 9.8
Mike Raitsyn Co-Founder of ICOBox https://linkedin.com/in/mike-raitsyn-05b5b9b4/ Advisors Mike Raitsyn photo 4.8
Alex Linenko Lead Business Development manager at ICOBox https://linkedin.com/in/alex-linenko-62776682/ Advisors Alex Linenko photo 49.4
Kaarel Loigu Chief Credit Officer / Head of Credit Division at Versobank AS https://linkedin.com/in/kaarel-loigu-746aab18/ Advisors Kaarel Loigu photo 4.8
Stephen Drew Partner at Crypto Global Capital https://www.linkedin.com/in/stephen-drew-240a4046/ Advisors Stephen Drew photo 4.8
Shaun Dindial Partner at Crypto Global Capital https://www.linkedin.com/in/shaun-dindial-94269a16/ Advisors Shaun Dindial photo 4.8

External links


Bailsman on twitter
Bailsman on telegram
Bailsman on facebook
Bailsman on medium
Bailsman on bitcointalk
Bailsman on github
Bailsman on reddit
Bailsman on youtube
Bailsman official website
Bailsman whitepaper

Sources