BitStock

BitStock is transforming fintech with TBC, an ETF currency based on the top 10 crypto assets, similar to the S&P 500 in traditional markets. TBC is listed on two top crypto exchanges and transferable via popular digital wallets.

121% of funding target

23

Units left

₪37,500

Minimum investment

6

Days to go
To view the table of benefits in the current fundraising round, please click here
By: Yosi Sabag
Overfunding
Investment type:
Equity
Company Stage:
Seed
Category:
Finance

Highlights

Highlights

Crypto Trading Made Simple

BitStock offers an innovative ETF currency based on the top 10 cryptocurrencies, providing users with a convenient way to trade and invest in the crypto market and own a diversified portfolio of leading assets. Unlike traditional crypto trading, which often requires purchasing and managing individual coins, the company's algorithm aggregates the top 10 assets into a single price, which is then tracked for performance. Additionally, a bot system ensures real-time backing of the currency by purchasing the top ten assets. This solution caters to a broad spectrum of participants in the crypto market, including institutions, family offices, investment funds, arbitrage players, and new users.

 

Diversification and Risk Reduction

TBC breaks down barriers to entry in the crypto market. Its user-friendly approach caters to a broad audience, from seasoned investors to those new to the crypto space. By leveraging the familiar structure of an ETF, TBC eliminates the need for in-depth knowledge of individual cryptocurrencies. By offering a diverse portfolio of assets, the company allows users to simplify the process of investing in crypto, reduce and spread the risk associated with the volatility of individual currencies, and enjoy the overall growth potential of the leading cryptocurrencies.

 

High-Growth Potential with Low Entry Point

TBC offers a unique opportunity for investors seeking exposure to a high-growth market with a low barrier to entry. The company has created 25 million TBC tokens on the Ethereum blockchain, with a potential market value in the hundreds of billions of dollars. The value of these coins is tied to the market performance of the top 10 cryptocurrencies. As a result, the company holds TBC coins poised for listing on exchanges, with a projected value that could reach tens or even hundreds of billions of dollars. Annual revenues from trading and management fees are expected to rival those of a leading global investment firm. The company views this as an exceptional opportunity for investors to become early shareholders in a fintech company with significant digital assets.

 

Strategic Collaborations and Milestones

TBC's smart contract was created on the leading Ethereum blockchain network, and has been audited with a high-grade AAA rating to ensure functionality, security, and absence of vulnerabilities. The token has been listed on the reputable BitMart and Biconomy crypto exchanges, TY trading company serving as the liquidity provider and maintaining buy and sell order margins to create an efficient market for the currency. Additionally, seamless integration with popular digital wallets like MetaMask and Ledger allows for secure and convenient storage of TBC tokens. This combination of an accessible investment vehicle and user-friendly storage solutions empowers individuals of all experience levels to participate in the dynamic world of cryptocurrency.

 

A Highly Capable and Experienced Team

TBC is led by a seasoned team with extensive experience in both traditional finance and cutting-edge blockchain technology.

Yosi Sabag, CEO, brings over 20 years of expertise in capital markets, including experience managing a hedge fund and navigating financial complexity.

Yedidya Kalfa is the business development manager, he is a graduate of unit 9900, a professional trader in the capital market and has a deep understanding, sharp vision and analytical thinking in the financial and business worlds.  

Nir Gabay, CTO, graduate of unit 8200, possesses over 15 years of experience in software development and management, with a proven track record of leading technical teams.

This formidable combination of financial acumen and technological prowess ensures the company's growth and stability.

Pitch

Pitch

The Need

Blockchain technology has brought about innovation in various fields and the development of digital currencies. However, there is currently a lack of options for purchasing baskets and indices using digital currency on crypto exchanges.

To better understand this issue, let's consider a comparison to the traditional capital market. It would be like having a market with many different shares available, but without the ability to buy a contract representing the S&P 500. This poses a limitation for investors and traders who regularly use baskets and indices for various purposes, including current trading and long-term savings.

In traditional financial markets, investors often utilize ETF products that are tied to popular indices like the S&P 500. These financial tools have proven to generate high yields over time. However, within the innovative and emerging digital currency market, there is currently no ETF currency that functions as a basket fund composed of leading cryptocurrencies.

This absence of ETF currency for crypto exchanges can be viewed as a significant "market failure" within the industry. It restricts the opportunities for investors and traders to diversify their portfolio and potentially maximize their returns. Addressing this gap in the market could further drive the growth and adoption of digital currencies, providing investors with more options and contributing to the overall development of the industry.

 

 

The Solution

TBC - Ten Best Coins

TBC is an innovative currency that serves as an Exchange-Traded Fund (ETF), offering users a convenient and efficient way to gain exposure to the top 10 crypto coins in terms of market capitalization. By providing users with the ability to purchase and store TBC in their wallets, it offers a seamless experience similar to buying and holding other cryptocurrencies like BTC, ETH, etc.

One of the key advantages of TBC is its ability to bring diversification to users' portfolios. With a currency composed of the leading assets in the market, it enables investors to spread their risk across different coins, reducing the likelihood of being heavily impacted by the price movements of a single cryptocurrency. This diversification also plays a role in moderating volatility, providing a more stable investment option compared to investing solely in individual cryptocurrencies.

The introduction of TBC caters to a wide range of users within the crypto market. This includes institutional players, family offices, investment funds, arbitrage players, as well as new users who are just starting to explore the world of digital currencies. By offering a simple and accessible investment solution, TBC opens up opportunities for diverse market participants to participate and benefit from the potential growth of the cryptocurrency market.

 

The Technology

TBC tokens have been created on the Ethereum blockchain network using the ERC-20 standard. The token price is determined by an algorithm that computes the average price of the top 10 coins and monitors their performance. Furthermore, upon a user's acquisition of the token, a bot system promptly and in real-time backs up the coin's price by purchasing the top 10 coins. The token's smart contract has undergone a technological audit, achieving a high-grade AAA rating.

 

Regulation

Our company owns a subsidiary with a license issued by local authorities in the Czech Republic for trading in digital currencies. This license allows us to operate across the European Union, including setting up offices in any member state, while bypassing complex bureaucratic procedures. Under this license, we are committed to conducting our operations in line with industry best practices, ensuring the highest standards of information security and privacy.

Team

Team

Yosi Sebag
CEO
holds a bachelor‘s degree in business administration from Toro College and previously served as a banker at Mizrahi Tefahot Bank. With over twenty years of experience in capital markets trading, his expertise encompasses the development of diversified trading strategies, risk arbitrage, futures contracts, stock weighting within indices, and more. In 2020, Yosi identified a growing demand within the crypto market for an efficient financial instrument enabling the purchase of a leading currency basket, prompting him to establish the Ten Best Coins (TBC) project.

  • Founder
Nir Gabai
CTO
holds a bachelor‘s degree in business administration and accounting. He previously served as a technical team commander in Unit 8200. Nir specializes in cyber risk management, focusing on prevention and mitigation strategies. With over 15 years of management experience, he has successfully developed, managed, and led software teams. Additionally, Nir is a dedicated entrepreneur and technology enthusiast.

Yedidya Kalfa
Business Development Manager
A professional trader in the capital market specializing in short-term trading and high-risk financial instruments. A graduate of unit 9900, with analytical thinking, sharp vision and a deep understanding of the financial and business worlds. Yedidya is also the founder of the investment community YK Alpha Trading and a social entrepreneur.

Financial data

Financial data

Updates

Updates

Currently there are no updates in this pitch

Time benefit
Investment From day 1 Until day 3 an addition of 10.00% of the the shares value
Investment From day 4 Until day 14 an addition of 7.50% of the the shares value
Investment From day 15 Until day 21 an addition of 5.00% of the the shares value
Investment From day 22 Until day 30 an addition of 2.50% of the the shares value
Amount benefit
Investment from an amount of ₪37,500 and up to an amount of ₪56,250 an addition of 5.00% of the the shares value
Investment from an amount of ₪56,251 and up to an amount of ₪75,000 an addition of 10.00% of the the shares value
Investment from an amount of ₪75,001 and up to an amount of ₪93,750 an addition of 15.00% of the the shares value
Investment from an amount of ₪93,751 and up to an amount of ₪1,000,000,000 an addition of 20.00% of the the shares value

Example A

  • Investment of ₪39,000
  • On day 2 of the campaign
an addition of of the the shares value

Example B

  • Investment of ₪70,000
  • On day 9 of the campaign
an addition of of the the shares value

Example C

  • Investment of ₪100,000
  • On day 18 of the campaign
an addition of of the the shares value
An investor who makes an investment of ₪39,000 On day 2 of the campaign ill be entitled to additional shares at a rate of of the amount of shares that would have been issued to said investor had he not been entitled to any benefit
An investor who makes an investment of ₪70,000 On day 9 of the campaign ill be entitled to additional shares at a rate of of the amount of shares that would have been issued to said investor had he not been entitled to any benefit
An investor who makes an investment of ₪100,000 On day 18 of the campaign ill be entitled to additional shares at a rate of of the amount of shares that would have been issued to said investor had he not been entitled to any benefit
The financing rounds, made through the ExitValley platform, are in accordance with a model of statutory exemption from publishing a prospectus pursuant to sections 15A(A)(1) and 15A(A)(7) of the Israeli Securities Law - 1968.
Under this model, the disclosure of detailed information on the company and information about the investment in each round of financing are limited to not more than 35 investors, who are not qualified investors, and the round of financing is not in the format of an offering arrangement ("רכז הצעה"), as defined in the Securities Law.
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