The modern world is moving steadily towards a new financial ecosystem. Traditional financial tools are being replaced by new ideas and technologies. Most financial institutions are moving to the block platform of the platform. Many start-ups have picked up this trend and are already offering their development, improving payment procedures and allowing them to control their finances without intermediaries.
KitToken is an independent financial system with a P2P transaction, based on an open source platform called KitPay. Users will fully own their wallet, which will be able to store and sell KitToken. The project token is the key driving force behind the project.
In the future, when the KitToken platform is distributed in the market, a token and related infrastructure will perform a number of important functions. In place of fiat money, the modern and convenient payment service kitpay can come with time.
Basic principles of the platform:
Bridging the gap between sellers and buyers. KitToken intends to create a community of sellers and consumers, which will include manufacturers of goods and providers of such services as medicine, air travel, hotels, education and so on. This Malaysian market worth $ 1.5 trillion. will use the kitpay payment system.
Attraction of new users and support. It is planned to conduct regular airdrops, as well as the introduction of various bonuses motivating the use of the platform. The project plans to attract 1 million users in Malaysia, which will provide a turnover of $ 2.5 trillion.
Profit and network expansion. Creation of high-yield projects, which will annually bring to owners of kittoken from 3% to 5% of profit. The project intends to expand the network of users with the help of high-quality advertising.
Also I want to outline the obvious advantages of the platform: security and convenience of the platform. Association of sellers and consumers. Reliable, fast and cheap transactions. Distribution of profit among the owners of the tokens. A reliable asset supported by commercial activities. Self-regulating technology. Possibility of cross-border payments.
Real and compatible - KitToken is a crypto currency that will be traded on the SEC-Compliant Exchange, and officially registered with the government of Malaysia. What gives legitimacy, which most other crypto-currencies do not have. Passive income generation of 3-5% to KitToken holders also provides additional benefits by sharing the profit gained from transactions with the holders of the tokens.
KitToken and KitPay are developed on the Ethereum block system and run on the main Ethereum node. The main types of wallets that are supported by the KitToken platform are: Metamask, Myetherwallet, Imtoken wallet.
To realize its idea, the KitToken project launched an ICO consisting of two phases. The first stage will last from August 1 to August 10, 2018 (the bonus will be 30%), the second stage will last from August 11 to August 20, 2018 (the bonus will be 20%). A total of 8 billion tokens will be issued. The token symbol is KIT. The price for 1 token is $ 0.05.
Soft cap project is 5,000,000 US dollars, hard cap project - 175,000,000 US dollars. Minimum payment: 0.2 ETH or 100 US dollars.
All collected funds will be distributed as follows:
45% - to the developers;
20% - R & D;
15% - marketing;
10% - team and advisers;
10% - reserve.
Project road map:
The project team:
Despite the fact that the financial sector is only just about to introduce innovative technologies, KitToken is already striving to create a global digital financial society without borders. The project is certainly worthy of recognition by society and the high appraisal of experts, but its future will show time.
For more information about the KitToken project, you can follow the links:
Website: https://kittoken.net
White Paper: https://img1.wsimg.com/blobby/go/030bdbd0-d698-4aa3-ba4d-d2bc680f2ec9/downloads/1chf5j90p_313571.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4557979.msg41057899#msg41057899
Twitter: https://twitter.com/TokenKit
Facebook: https://www.facebook.com/KitTokenOfficial
Author: https://bitcointalk.org/index.php?action=profile;u=1287832