Encrybit – Improved Trading and Exchange System
Encrybit is an innovative exchanger that maximizes the opportunities of traders in the market. When creating the platform, the developers analyzed the experience of leading traders and their feedback on various platforms. These factors helped to create a truly unique and functional outcome
ICO Details
Now the project is at the stage of Pre-ICO, which will end on December 3, 2018. The date of the public sale of coins is unknown. The minimum amount needed is to collect 5.4 million US dollars, as much as possible it is planned to sell cryptocurrency worth over $ 32 million. Payments are accepted for VTS and ETH
All funds received from the sale will be distributed as follows
- 30% will be spent on the development of the platform
- 25% of the cost of marketing
- 15% will be frozen in the company's reserve fund
- 15% will be allocated for payment of administrative activities
- 13% must be spent on providing a high level of security
- 2% - legal expenses
Tokens and their purpose
Within the framework of the platform, the cryptocurrency ENCX of the ERC20 type functions, the value of which currently (November 22, 18) is 20 cents. With its help, it will be possible to carry out transactions on the platform and carry out other operations. A total of 270 million tokens of this cryptocurrency were issued . In the future, it will appear in the public domain on most popular crypto-burgers
Bounty campaign
For a bounty campaign, only 2% of the total project budget will be spent. They will be paid as follows
- 25% will receive users of Medium and Steemit
- 20% - YouTube
- 15% - signatures
- 15% - LinkedIn
- 10% - transfers
- 7% - Reddit
- 5% each will be received by bloggers and administrators of groups in the Telegram
- 3% - Telegram users
Stages of the project
As mentioned earlier, the company was founded quite recently and is now rapidly moving towards the last stage of its formation. These conclusions can be reached by examining the roadmap. Also in it are described in detail all the stages of the project development, including those that have already been completed, indicating the implementation period, full description, individual features and development strategy. In addition, by carefully reviewing the roadmap, one can understand that the platform has far-reaching plans for the future, which means that the prospects for development are excellent
Development team
The specialists working on the platform creation are not only talented and professional, but also very competitive. So they can create a truly unique project. There are 36 people in the team
The Conclusion
The Encrybit project in its essence did not introduce anything new into the world of trading. But it is radically different from the competitors in that it has absorbed all the best and most convenient tools that exist in the foreign exchange
For More Information Visit:
Website: https://encrybit.io/
Whitepaper: https://encrybit.io/pdf/encrybit-wp-v1.pdf
Telegram : https://t.me/encrybit
Twitter: https://twitter.com/enbofficial
Author details
Bitcointalk profile Username : Cryp123 (https://bitcointalk.org/index.php?action=profile;u=1231843)