B-Den Real Estate Crowdfunding Successfully Migrates to CrowdShip Market System

B-Den Real Estate Crowdfunding Service Update

The B-Den service, an innovative real estate crowdfunding platform operated by B-Lot Co., Ltd., has successfully transitioned to the advanced CrowdShip Market system, a project developed by Growship Partners, Inc. This major migration, confirmed by Growship Partners CEO Haruhiko Matsui, aims to enhance the flexibility and scalability of the platform for investors.

Background of the System Migration

In the rapidly changing landscape of crowdfunding, Growship Partners has taken significant steps to modernize its offerings. In June 2024, the company introduced the CrowdShip Market, succeeding the previous CrowdShip Funding system. This next-generation system incorporates essential features for crowdfunding, including advanced matching functions between businesses and identity verification through JPKI (Japanese Public Key Infrastructure). Notably, it eliminates the reliance on virtual accounts for managing deposits, addressing previous restrictions on the number of investors.

The decision to migrate to the CrowdShip Market comes in response to B-Lot's commitment to expanding its investor base and improving the freedom of fund management in the future.

Highlights of the System Migration

The transition to the CrowdShip Market involved the complete transfer of existing data, significantly enhancing operations through several key improvements:

- Removal of Investor Limitations: The previous dependence on parent account issuance restrictions has been abolished, allowing unlimited investors.
- Support for Large-Scale Fund Formation: B-Den is now equipped to handle larger funds more effectively.
- Versatile Responses to Future Growth: The system is designed to adapt to diverse funding approaches as market demands change.

According to Hiroki Goto, head of B-Lot's management division, the improvements not only encompass the essential functionalities of the old system but also introduce strengthened capabilities that ensure the platform's long-term sustainability. He highlighted the importance of regular meetings prior to the migration, which allowed for the integration of previously unmet requests and enhancements. Notable upgrades include a more intuitive user interface for investors, advanced features such as reservation capabilities for investment applications, and an editor-friendly management dashboard that reflects B-Lot's unique specifications.

Since its first investment project in 2021, B-Den has successfully organized 29 projects, maintaining a 100% return rate on principal redemption for projects completed up to number 27. However, the company advises that this does not guarantee future returns.