Initial Loan Procurement

First Digitalized Loan Agreement on Blockchain That is Legally
Binding Using Future Loan Access Token (FLAT)

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What is blockhive?

What is blockhive?

What is blockhive?

blockhive creates practical and innovative solutions for businesses in the form of partnership, helping them unlock new markets and untapped opportunities as part of our ambition to create a win-win outcome. We also incubate projects that have the potential to benefit from blockchain technology.

That is where our name blockhive originated. Like bees in a beehive, we are building a platform where each participant can work together. By joining forces, every partner in this digital ecosystem will thrive, using the blockchain technology.

Based in Estonia with roots in Japan, our team of programmers, engineers, designers, mining experts, and financial specialists has a diverse and multicultural background. We work alongside natural-language-processing scientists through our partnership with Tokyo-based artificial intelligence company IMAY, as well as the founding team from Agrello, an Estonia-based legal technology startup. blockhive and its partners share the goal of making technology work for the people.

Our Strategy

Our Strategy

Our Strategy

blockhive works with partners to design their blockchain strategy, and jointly develops projects with them. No fees are charged. Instead, revenue from the projects is shared between blockhive and its partners.

※blockhive uses funds raised through ILP only for internal costs, such as development, marketing, and business management. The borrowed capital will not be used for investment purposes.

Our Projects

Our Projects

Our Projects

We have created a new fundraising structure called Initial Loan Procurement (ILP). It is a unique fundraising method using legally binding smart loan agreement. It enables companies, organizations, and even municipal government to procure capitals needed to grow or build infrastructure. ILP structure is simple, comprehensive, legally sound, and tax-friendly. It is provided through Tokenote, a joint venture between blockhive and its partner Agrello.

We have also developed a smart wallet called eesty which can be used to send, receive, and store cryptocurrencies. Users of eesty can accumulate ESTY as loyalty points in exchange for the hash power of our mining facilities in Estonia.

In addition, we incubate projects that have the potential to benefit from the blockchain technology under e-Best venture, our investment arm.

Our Strategic Partners

Our Strategic Partners

Our Strategic Partners

Our Supporters

Our Supporters

Our Supporters

Initial Loan Procurement

Initial Loan Procurement

Initial Loan Procurement

Loan Agreement

blockhive will raise fund using Initial Loan Procurement (ILP).The legally binding loan agreement involves the issuance of Future Loan Access Tokens (FLAT], a generic term for the tokens which give Creditors who provided lending to the company the ability to trade their rights with others.

General
  • Name
    blockhive 2nd ecosystem loan
  • Currency
    Euro (paid in ETH)
  • Subscription period
    2018/5/14 ~ 2018/6/30
  • Amount to be raised
    €6.75 million (Accepted cryptocurrency: ETH)
    • Interest
      • Interest rate
        20% of operating profit generated by blockhive community
      • Payment date
        To be announced
      • Payment amount
        Variable. The payment amount depends on the performance of the blockhive community. A performance summary will be made by blockhive before the payment date.
      • Payment method
        Paid in ETH directly to contract address
      • Beneficiaries
        Creditors holding loan agreements on distribution date
        • Principal
          • Loan period
            2018/5/14 ~ 2028/6/30
          • Automatic Extension of Loan Agreement
            At maturity, loan agreement will automatically be extended another 10 years, unless terminated by either party.

“FLAT” Future Loan Access Token

blockhive plans to issue the first FLAT we call Hive tokens. Once creditors enter a loan agreement with blockhive through ILP, they receive Hive tokens.

What is HIVE token?

Hive token allows creditors to enter into a loan agreement with blockhive and to trade their contracts with others.

Upon concluding the loan agreement through smart contact, creditors are entitled to receive, as interest on the loan, 20 percent of the annual operating profits generated by blockhive from the platform. This has the potential to increase as blockhive incubates more projects.

Please read our whitepaper to understand more about HIVE tokens

  • Name
    Hive Token (Ticker: HIVE)
  • Total # of tokens issuable
    1,000,000,000 HIVE
  • Tokens to be issued in this round
    150,000,000 HIVE
  • Loan amount equivalent of 1 HIVE
    €0.045
  • Usage
    Use HIVE to enter into & transfer loan agreements
  • Token Protocol
    ERC20 (Ethereum)

The ILP will be allocated among Creditors as follows:

Early ILP participants have already lent funds to blockhive, receiving 8% of the tokens.

Management and team will be eligible to lend funds to blockhive to receive 10% of the tokens over time as incentives.

We have allocated a total of 30% Hive to public ILP.

For the second public round, ILP participants will lend funds to blockhive and receive 15% of the tokens.

Whitepaper

Whitepaper

Whitepaper

  • Whitepaper English Version

How to Participate?

How to Participate?

How to Participate?

  • Create
    Your Account

    1

    Create your account with an e-mail and password

  • Submit
    ETH Address

    2

    Submit ETH address which you will use to send ETH to blockhive

  • Sign a Loan
    Agreement

    3

    Submit your information as KYC, then sign a loan agreement online.

  • Send ETH

    4

    Send ETH to our ETH address from your wallet

※No refund will be made to those who sent ETH from an unapproved ETH address

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Roadmap

Roadmap

Roadmap

  • May

    2012

    Establishment of Spreadi

  • April

    2013

    Development of charitt, a social capital network

  • Oct.

    2013

    Spreadi's first blockchain development started

  • Feb.

    2015

    Spreadi developed a cryptocurrency foundation system

  • April

    2017

    blockhive established

  • May

    2017

    Partnership with Icefire

  • July

    2017

    Agrello partnership established

  • Aug.

    2017

    An agreement with Fujinet Systems on the joint research project signed

  • Sept.

    2017

    blockhive unit e-Best received backing from FinTech Global

  • Sept.

    2017

    Partnership with Oblicity formed

  • Oct.

    2017

    Mining project in Pakri launched

  • Oct.

    2017

    Partnerships established with IMAY

  • Nov.

    2017

    e-Best Ventures registered under Estonia FSA

  • Jan.

    2018

    blockhive conducts initial loan procurement

  • Jan.

    2018

    Launch of eesty

  • Mar.

    2018

    Partnership with two new partners

  • Mar.

    2018

    Launch of e-Best fund

  • April

    2018

    Integration of ESTY tokens with eesty

  • June

    2018

    e-Best's second investment

  • June

    2018

    Financial Results 2017

  • Autumn

    2018

    Financial Results 1H 2018

  • Autumn

    2018

    New Tokenote structure

  • Winter

    2018

    eesty's integration with Eesti Mining, FLAT tokens and loan agreement

  • Est.

    2019

    Implementation of airdrop functionality for eesty

Team

Team

Team

  • Kazuteru Arimura

    Co-Founder, Finance and Management Lead

  • Kathleen Chu

    Digital Content, PR and Marketing Lead

  • Yinghan Huang

    Lead Designer

  • Hikaru Kusaka

    Co-Founder, Business Design and Strategy Lead

  • Sulong Ly

    UI/UX Designer

  • Vitaly Migunov

    Software Engineer, Decentralized Application Specialist

  • So Nagasawa

    Co-Founder, Technology Lead of Asia Pacific

  • Ragnar Reindoff

    Business Integration Specialist

Meet Our Team

Advisors

Advisors

Advisors

  • Junichi Arimura

    Executive Advisor

  • Hermes Brambat

    Board Member @Nordcoin Mining

  • Heikki Laidma

    Advisor @Nordcoin Mining

  • Margus Poola

    Legal Counselor@ e-Best Ventures, Finance & Development @Agrello, Oblicity

  • Hando Rand

    Legal Advisor, Project Lead @Agrello

  • Addi Rull

    Sales & Development @Agrello

  • Teddi Rull

    Legal Counselor @e-Best Ventures, Sales & Development @Agrello, Oblicity

Meet Our Advisors