KuBitX Project - A First True Global Exchange

in #ico • 6 years ago (edited)


Introduction

Progress in the digital age has released the most powerful technology in terms of security and reliability, none other than Blockchain Technology.

Blockchain technology is a solution to the disadvantages of conventional centralized storage technology, which stores all data in one location. They are often vulnerable to cyber attacks and most do not have a strong recovery system. It has got data from users around about data loss or leakage, which can be very difficult for them.

Blockchain technology is a decentralized storage platform, which stores multiple copies of data in multiple locations and also keeps a record of every transaction. The recovery mechanism is also very strong. There are many crypto currencies introduced after the discovery of Blockchain.

In the midst of the evolution of many platforms quickly, platform quality does not fit the target and invites many loopholes as well. The customer service they provide is of poor quality, with delayed service and late follow-up. The amount of crypto currency currently available in the market is too high for the layman to uniquely understand and use it as a secondary difficult task. For this reason crypto currency and Blockchain Technology can not gain popularity as expected.

There are three security flaws involved with the current crypto currency framework :

  1. The user experience and interfaces provided by the existing platform are totally unfriendly and somewhat confusing. This raises the need to have a relook on the implementation strategy by considering feedback from users and the crypto currency platform.

  2. The customer service they provide is of poor quality, with delayed service and late follow-up.

  3. The amount of crypto currency currently available in the market is too high for the layman to uniquely understand it and use it as a secondary difficult task.

To overcome this weakness, the Future Project Is Established, which will be the solution to all the disadvantages mentioned above. And this project is called KuBitX!

About the KuBitX Project.

KuBitX is one of the most sophisticated and robust cryptocurrency trading platforms that is designed in a very user-friendly way to allow people from all regions and backgrounds to get a bastion of ideas revolving around Blockchain and cryptocurrency spaces.

See also Video below, on all the working procedures of the KuBitX Project working :

Safe Wallet.

Included in the KuBitX ecosystem are KuBitX Trade machines, secured KuBitX wallets, and advanced Admin dashboards to organize activities within Trade Exchange.

For Purchase and Sale.

By targeting even the most remote people to include in the cryptocurrency market, our goal is to become one of the most diverse cryptocurrency markets for buyers and sellers worldwide.

The KuBitX Project Will Benefit You!

Six proofs that you can see below from the KuBitX Project that will benefit everyone who joins :

  1. High scalability.

Our platforms are highly scalable, ready to receive new features to enhance our users’ trading experience.

  1. Blockchain Technology.

Our tokens were originally based on Blockchain Ethereum. We plan to launch our own chain in the near future which will then be very useful in many cases such as the most common social, utility, administrative and governance issues in developing countries.

  1. Very low cost!

Our platform brings competitive competitive trading costs that will even be cheaper and more convenient by using our tokens.

  1. Safe.

We’ve made extensive benchmarks with the current platform, which allows us to take some steps forward, plus our security team comes from a top organization.

  1. Ecosystems.

As adherents to the peer to peer payment ecosystem, we believe that the traditional financial system will eventually be replaced in part because of continuously damaged trust, censorship and enlightened society.

  1. Risk Minimized.

Our multi-signature wallet and cold storage strategy will minimize our trader’s funds exposure. We have combined various strategies to secure funds traded on our platform.

KuBitx Token, (KBX).

  • Token Name : KBX.
  • Token Type : ERC20, (Ethereum).
  • Decimal : 18
  • Total Supply : 500,000,000
  • Accepted Currency : ETH.
  • Soft Cap : 10,000 ETH.
  • Hard Cap : 25,000 ETH.
  • Seed Round : Ongoing. Ended July 16, 2018.
  • Pre-Public Round : July 16 – August 31, 2018.
  • TGE Details : General Round: TBC.

Distribution of Token and Fund Allocations.

Token Allocation :

Bounty and Airdrop = 2%.
Board Advisor = 3%.
Public Round = 16%.
KuBitX Investment Fund = 20%.
Founder and Team Developer = 23%.
Pre-Public Round = 36%.

Fund Distribution :

Partnership = 5%.
Law = 7.5%.
Operation = 12.5%.
Technology = 15%.
Promotion / Marketing = 15%.
Reserve = 15%.
Liquidity = 30%.

For more information about the development of ICO and Token, you can see directly at the Link below:

https://www.kubitx.io/
https://www.kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf

Roadmap.

Q4 2017 :

  • Project Initiation.
  • Project Feasibility Study.
  • Benchmarking.

Q1-Q2 2018 :

  • Project Engagement.
  • Team Setup.
  • Legal Process for Incorporation in Malta.
  • Making Whitepaper, (First Draft: Business)
  • Involvement of Angel / Seed Investors.

Q3 2018 :

  • Project Execution.
  • Launch of KuBitX Channels Ambassadors (Flagship Countries).
  • Prototype.
  • Start TGE Pre-Public round.
  • Launch of Exchange Soft, (BETA).

Q3-Q4 2018 :

  • Project Execution, (Terms).
  • Stage 1: Integrate financial services with KuBitX.
  • End of Pre-Public round.
  • Redeem GO-LIVE.
  • TGE general round.
  • GLOBAL Promotion.

Q1-Q4 2019/2020 :

  • Project Add-ons.
  • Kubitchain – KuBitX Exchange is now in KuBitX Blockchain.
  • Platform Redesign.
  • Continuous improvement.

Team from KuBitX Project.



If you are interested to join, or you want to be more clear to know all the latest developments from KuBitX Project, you can directly see all the links below :

WEBSITE : https://www.kubitx.io/
WHITEPAPER : https://www.kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf
TWITTER : https://twitter.com/kubitx
FACEBOOK : https://www.facebook.com/kubitx/
MEDIUM : https://medium.com/@kubitx
YOUTUBE : https://www.youtube.com/channel/UCm6o0xRXXlrPR0-OqcBwXOA
TELEGRAM : https://t.me/kubitx_official
REDDIT : https://www.reddit.com/r/KubitX/
ANN THREAD : https://bitcointalk.org/index.php?topic=4628365

Author By : misteroladipo
Btt Link: https://bitcointalk.org/index.php?action=profile;u=1781078

My ETH : 0xD0b3918c119f1A72b7dc2074B7835D02baB28981

#blockchain #cryptocurrency #bitcoin #tokensales
6 years ago in #ico by
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