Cybit & ICO Details

in ico •  6 years ago 

CyBit is an Open Source Ecosystem to facilitate Crowdfunding! This platform is built on ERC-223 protocol with smart contracts for highly secure validation of transactions and protection from malicious attacks. It adopts methodologies that support infrastructure flexibility and ensures safety & stability of the system.

CyBit supports three kinds of fundraising campaigns: Initial Coin Offering, Crowd Investing, and Crowd Funding. CyBit offers a unique vehicle for Investors to finance projects through CBT as an underlying value token!We’re providing a comprehensive smart-contract capability for seamless execution of projects with full transparency and liquidity. 

The necessity of the projectis caused by such problems:

  1. The approach to developing and launching the ICO is very dispersed, there are no specific rules;
  2. Duplicating efforts leads to waste of time and resources;
  3. There were various fraudulent campaigns, as a result of which the founders disappeared after raising funds - in fact deceiving the community;
  4. Developers create from scratch their own set of instructions, lending pages and advertising campaigns;
  5. There are no synergistic channels between developers and potential investors.

The vision for the Cybit project is to launch a new global market that uses block-based tokens that can be trusted as a payment system through forex transactions and crowdfunding sources. It uses methods that promote and support infrastructure flexibility. We intend to provide comprehensive contract intelligence capabilities for smooth project implementation with full transparency. Cybit's team is focused on helping customers meet increasing customer needs without incurring higher costs. 

The main objective of the project is to introduce a new global market that uses reliable markers on the basis of flowcharts as payment systems through foreign exchange transactions and sources of cloud financing. it is planned to provide a comprehensive intellectual contractual function for the smooth implementation of projects with full transparency. The CyBit team focuses on helping customers meet their needs without resorting to high costs.

Token sale information:

Perimeters Of The ICO:
Token Symbol: CBT
Token Sale Date: 05/10/18 – TBD
Accepted Payment Method: ETH, BTC & LTC
Total Supply: 8.5 Billion
Token Standard: Ethereum
Soft Cap: 2,500,000
Hard Cap: 50,000,000.

Cybit Features:
Though the company lists several major benefits to their platform, there are a few key components which help to set the service apart from other methods of crowdfunding present on the blockchain. In particular, the company stresses the flexibility of their system as a selling point of the platform.
The blockchain infrastructure of the Cybit system is one major feature that the company cites for its product’s success. Their site elaborates that they use the blockchain to provide a “unique identity” for each node. As a security measure, this is an incredibly effective way to ensure the viability of the system and prevent fraud.
Capitalizing once more on a desire for a safe and user-friendly experience, the company also highlights “easy token integration” within the platform. “Doing work” helps to earn users token, and ever node has its own, unique token. 

Roadmap: 

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