Welcome to the Bailsman Token Sale

Bailsman - a quick and easy blockchain-based solution for clients to exchange their security deposits for guarantees

Token sale will start in:

23 days
59 hours
59 minutes
59 seconds

What is Bailsman

Tick Bailsman offers a quick and easy blockchain-based guarantee 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.

Video

Global security deposit funds across the sectors below are estimated to be more than $1.5 trillion USD

Residential real estate rental 300 Billion
USD [1]
Commercial real estate rental 500 Billion
USD [2]
Accommodation industry 723 Billion
USD [3]
Car rental 58 Billion
USD [4]
[1] Data regarding the size of the residential real estate security deposit market has been calculated by Bailsman’s team based on statistical data and real estate websites.
[2] Data regarding the commercial real estate security deposit market is not public information. Nevertheless, it is estimated to be significantly larger than residential, reaching over 500 billion USD globally.
[3] Data regarding the accommodation industry represents the industry’s total revenue. This is estimated to be around the same size as its security deposit market. Marketline.com article
[4] Data regarding the car rental industry represents the industry’s total value. This is estimated to be around same size as its security deposit market. Businessinsider article

Product features

Simple claim process

Claims can be filed at any time with the press of a button and paid on first demand.

Easy access

Manage your guarantee easily through the app, wherever you are.

Add co-applicants

Add other people as co-applicants if the credit rating is too low or to share the responsibility. This also allows the guarantee amount to increase.

Your ID is your guarantee

You can use your guarantee anywhere just by having your ID with you. There is no need for registration.

Use while abroad

The guarantee is available globally through service providers working with Bailsman.

Ethereum blockchain technology

Bailsman provides all parties with an extra layer of security by creating open transactions with Ethereum technologies.

Beside the fact that clients have full control over their data, it also provides an environment where all transactions are easily identifiable and traceable by all parties involved. Guarantee providers can be sure of who they are really taking the risk against, while merchants can be sure that guarantees are provided by trusted companies.

100% data privacy

Free of
manipulation risk

Traceable data

Vision

Bailsman plans to become a universal guarantee-providing business spread across multiple sectors and connecting clients’ needs to the best offers available on the market.

As a security deposit is only one form of a guarantee, Bailsman sets out to expand its services to provide guarantees for a much wider range of segments - from car purchase installment payments to guarantees for daily purchases - enabling the “buy now, pay later” approach.

Cooperation with third party service providers using acquired data is another possible course of action for Bailsman in the future.

Car purchase
installment payment

Buy now
pay later

Third party
services

BAILS Token Sale

Token
  • Sept 1st, 2018

    11:00 AM (GMT)

  • Oct 26th, 2018

    11:00 AM (GMT)

BTC, ETH, BCH, LTC

Equivalent of
60,000,000 EUR

2,000,000,000
BAILS

0.03 EUR

Token
Token distribution

Token distribution

  • Token sale - 51%
  • Team (Founders) - 8%
  • Community Pool - 2%
  • Foundation - 33%
  • Advisors and partners - 6%

Escrow

All funds contributed in cryptocurrencies during the BAILS token sale will be held in escrow in a multi-signature wallet. Keys will be held by Bailsman and PricewaterhouseCoopers Legal OÜ (PwC Legal) - a cross-border provider of legal services with over 3,500 top lawyers in 90 countries. The multi-signature escrow wallet requires three signatures to move the funds - one from the PwC Legal and two from Bailsman.

Moving the funds will be possible upon fulfilling the terms set forth in the Escrow Agreement in which case PwC Legal (as escrow agent) and Bailsman would release the proceeds from BAILS token sale.

  • BAILS
    token sale
  • Crypto-
    currency
  • Escrow
    Multi-signature wallet
    KEY Bailsman
    KEY Bailsman
    KEY PwC Legal
  • Escrow
    Agreement
    Bailsman - PwC Legal
    as Escrow agent
  • Terms are fulfilled
  • Collected funds
    are released

Roadmap

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

Team

James Oates
CEO

A pioneer in Central and Eastern European investment for over 25 years, James has worked on Wall Street and in the City of London at some key investment banking companies. James has been advising government institutions and companies for more than a decade. Based on his broad experience in global and regional leading banking, he handles Bailsman’s relations with banks and financial institutions.

Indrek Rand
COO, Co-Founder

A founder of an asset financing company and an investor and an advisor at a payment solutions start-up and several others, Indrek has over 15 years of experience in financing. Holding a degree from the Tallinn University of Technology in Network Software and Intelligence Systems, Indrek runs Bailsman’s everyday operations and expansions to new markets.

Priit Puppart
Chairman of the Board, Co-Founder

As an entrepreneur with experience in soft commodities trading, Priit has a keen interest in finance start-ups. Having previously founded a consumer credit aggregation start-up, he is now focusing on developing Bailsman’s product and sales partnerships.

Reimo Hammerberg
Legal & Regulatory

A partner and a head of the Banking, Finance Insurance Practice Group in the largest law firm in region, Reimo is an active member of the Estonian Private Equity and Venture Capital Association. Reimo holds a LLM from the University of San Diego, School of Law. At Bailsman Reimo manages legal and regulatory matters including relationships with central banks and other financial services regulators.

Oleg Šurõgin
CTO

Specialized in financial IT solutions developments, Oleg has more than 13 years of technical experience. His extensive experience in building up solutions from stock exchanges to consumer finance companies brings deep knowledge for Bailsman’s build-up.

Kadri Salus
CMO

Having previously managed several event and marketing projects in Europe, Kadri’s experience in marketing and project management is used to further product development and marketing at Bailsman.

Advisors

Peter Phillips-Minet
Executive Director at Goldman Sachs
Arti Ots
CEO at Kcell
Kaido Saar
Former CEO at Bigbank, leading
Baltic consumer finance bank
Marek Pajusaar
Head of Risk and Control at Change Finance,
Former Risk Manager in Estonian FSA
Stephen Drew
Partner at Crypto Global Capital
Indrek Vilms
Founder of SupplierPlus
Anton Gans
Managing Partner at Zenith
Capital Management
Kalev Reiljan
COO at Division X, Telia
Kätlin Hein
Senior Associate
at Sorainen Law Firm
Shaun Dindial
Partner at Crypto Global Capital
Teddi Rull
Co-Founder at Agrello Foundation
Mike Raitsyn
Co-Founder of ICOBox
Alex Linenko
Lead Business Development
manager at ICOBox
Kaarel Loigu
Chief Credit Officer / Head of Credit Division
at Versobank AS
Yunsoo (Andre) Kim
CEO at BLOCKCHAIN i

Meet us

Korea Blockchain Week

16-20 of July 2018
Seoul, South Korea

https://koreablockchainweek.com/

Consensus

14 of May 2018
New York

www.coindesk.com/events/consensus-2018/