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BitRussia
BitRussia is a digital investment platform in Russia, operated by LLC Digital Investment Platform. It utilizes blockchain technology, specifically Hyperledger Sawtooth, to enable projects to attract investment by issuing and selling utilitarian digital rights (tokens). The platform, which is listed in the Bank of Russia's registry, serves as a tool for partnership and project financing, allowing investors to acquire rights to a project's future products or services.
Distributed
Description
BitRussia, operated by LLC Digital Investment Platform, is an investment platform in Russia that facilitates project financing through the issuance and redemption of utilitarian digital rights (tokens), regulated by Federal Law 259-FZ. Officially launched in November 2023 and listed in the Bank of Russia's registry, the platform utilizes Hyperledger Sawtooth blockchain technology, distributed ledgers, and smart contracts. It allows Russian legal entities and individual entrepreneurs to attract investments from both residents and non-residents by creating and tokenizing projects. The platform features a project catalog, a moderation process, and a token sale mechanism with a Soft Cap. To ensure security, BitRussia recommends Escrow services, requires project disclosure, and integrates with the Russian government's "Госуслуги" portal.Grant Funding
VC Funding
None
2019
$0
$1.6M