Etheavour pioneers cryptocurrency sourced bond financing for SMEs in regular currencies via crowdfunding.
Etheavour enables trading of financial instruments via cryptocurrencies.
Etheavour allows retail investors and cryptocurrency owners to easily invest into the real economy via SME Small Ticket Bonds and stock index futures.
Etheavour is a financing, trading and investing platform. We combine the advantages of the blockchain technology with traditional financial products.
First, we pioneer cryptocurrency sourced bond financing in regular currencies to small firms that otherwise have limited funding access. Cryptocurrency investors crowd-finance these bonds via our platform. Second, clients can trade via our platform. Initially, traded products are stock index futures and bonds issued through Etheavour. We aim for a trustless solution. We match trades off-chain and settle via smart contracts.
This hybrid solution provides clients with an easy access to financial products and allows for fast, economical operations beyond the present standards.
Full acceleration and efficiency through technology
Trades are matched off-chain and settled on the blockchain in a smart contract. This makes trading with Etheavour lightning fast compared to the usual settlement times in fiat markets, economical because the process is digitalised and less parties are involved. The process is safer because settlement risk and operational risks in the settlement process are vastly reduced through the use of blockchain technology.
Finance: From application to issuance max. 5 days
Invest: Value transfer by blockchain transaction
Trade: Off-chain orderbook and on-chain settlement
> for fund-seekers: We anticipate a maximum of five business days between
application and bond issuance. Subsequently, investors have two weeks to subscribe an
issuance unless it is closed early due to a sell-out. The fund-seeker will receive the whole
collected amount directly after the crowdsale. The complete process from initial application
to successful funding takes at most three weeks. There are several factors which speed up
this process: The volume of each bond issue will be below the limits of prospectus
obligations. The decision-making process, negotiation of conditions and creating risk
profiles are highly efficient due to enhanced digital support. Because of the Ethereum
blockchain technology, the transactions itself takes only a few minutes compared to up to
several days in the fiat market. Digital advantages used in risk evaluation and bond
issuance as well as the clearly laid out legal aspects of crowdlending keep costs
substantially lower compared to other bond issuances on the fiat capital market.
> for investors: No matter where the user is physically domiciled in the world, using the blockchain technology for executing transactions saves time and costs for the investor.
Our platform will act as a market maker and take the role of the missing peer during times of low demand. With a sufficient amount of liquidity, users will be able to trade anytime any day.
Finance: Standardized application instead of intense
Invest: Compare, choose, click
Trade: Liquidity ensured by Etheavour's market making strategy
> for fund-seekers: Instead of intense negotiations with possible financing banks, Etheavour requires just an application, based on a standardized form consisting of all relevant financing parameters.
> for investors: The platform offers investors a simplified way orders are placed, executed, and settled. Standardized and comparable investment opportunities improve the platform’s usability for investors faces by using the platform.
We aim for trustless solution. The platform has at no time control over the client’s funds. Funds are deposited into a smart deposit contract and are only withdrawable by the client himself and only transferable to a smart trading contract with the order parameters signed for by the client. From the moment a trade is created the whole process is completely transparent for the public.
Processed and secured by smart contracts
Platform has no unsigned access to the client's funds
> for fund-seekers: Every corporate that accomplishes the successful issuance of a SME Small Ticket Bond enjoys the advantages of a public rating assigned by Etheavour’s credit expert team.
> for investors: The investor of this SME Small Ticket Bond can count on
the credit quality based on transparent and regularly updated risk profiles risk profiles.
They contain important information for investment risk assesment.
Since all contracts and transactions including the payback are locked on smart contracts within the Ethereum blockchain, they are irreversible and not erasable, therefore legal proof is indisputable.
A trader entered an Etheavour S&P-500 E-Mini contract. To do so, she posted Ether into the smart contract of the trade that serves as collateral for her counterparty. Since the trade initiation she has gained $500. Now the trader decides to close out her position. To do so, her position is replaced with another counterparty and the posted collateral is paid back to her wallet. The trader is paid the $500 in ETH according to the current ETH/USD exchange rate from the ETH margin account of her counterparty.
One company issues a EUR 1 million fixed rate bond that pays an annualized interest rate of 6% with annual payment frequency and a maturity of three years via Etheavour. Every year, the investors receive EUR 60,000. The EUR 60,000 are converted into ETH at the pre-vailing rate, hence the payment received is in ETH but has a value of EUR 60,000. After three years, the company pays back the nominal of EUR 1 million plus the last coupon payment. Again, this amount is converted into ETH at the prevailing rate.
The Etheavour tokens, or short ETVs, represent utility tokens that will be used to pay for services provided by the crypto market securities platform. Therefore, the possession of ETVs will neither grant voting rights nor entitlements to shares of the profit. Services fees per transaction are determined as a percentage of the traded volume in the underlying currency, and are charged in ETV. As a consequence, the price of the ETV should represent the value of the platform in the future. Tokens are reusable and can be bought on the platform or any exchange listing ETV. To guarantee optimum tradability on as many exchanges as possible, the respective smart contract complies with the ERC20 token standard. Every time ETV Token are used for payments on the platform a burn rate of 50% will be applied. This process is performed until a 50% reduction of the initially issued token supply is reached.
|duration||18 days (unless the hard cap is reached earlier)|
|bonus model||The investment until the softcap receives a token bonus up to 10%|
|minimum goal||ETH value of EUR 5.0 Mio.|
|soft cap||ETH value to be announced|
|hard cap||ETH value of EUR 30.0 Mio|
|total supply||800,000,000 ETV|
|token burn||50% of each ETV payment until half of the initial token supply is reached|
Advisor IT Architecture