KuBitX is a revolutionary exchange project which is aimed at doing way more than most exchanges offer today. Already with significant bank partnerships to meet core needs in most emerging markets. The project was conceived and started in Q4 2017 with a team of all round professionals from Dell, Huawei Technologies, PricewaterhouseCoopers (PwC), Google, BP Oil, Amazon Web Services (AWS), MTN etc who have proven track records in their respective fields. The project is at 80% completion with an MVP trade engine that has capacity to do handle over 12 Million+ transactions per second with about 40 nanosecond latency. Our engine is also equipped with strong compliance architecture tools to check all non-complaint activities and thus make us the most preferred and secure exchange in the world.
About KuBitX
KuBitX is a centralized cryptocurrency exchange. Building the most advanced and robust Trade engines, one of the most secure, fastest and robust platform today. Founded by a Team of result driven professionals working in the top fortune 500 companies and one of the “big four” consulting firms.
Currently, laying all the foundations and linkages to focus the KuBitX exchange as a vehicle to open up adoption and economic inclusion for the emerging markets.
This game-changing platform will not just be another fee-maker, in fact all trading fees will be paid using our token. We will never charge fees in other cryptocurrencies unless the user doesn’t possess our token which will be easy to acquire in our exchange. We are here to provide transparent services to our customers; never compromising the integrity of users’ data.
Main Features
- Trading fees will be paid using the KuBitX token.
- KuBitX token can be converted into fiat money or cryptocurrencies.
- New coin listing processes will be assessed by the platform in less than 24 hours.
- To guarantee users funds, 70% of the platform assets will be in a cold storage wallet.
- Trading fees (0.025%) 8 times cheaper than the current exchanges (around 0.2%).
- A professional team that has worked in the top Fortune 500 companies and one of the “big four” consulting firm.
Novelties
- Cryptocurrency exchange focused on emerging markets with no geographical restrictions.
- Through their API, users will be able to pay suppliers or receive Bitcoin as payment for their business.
Token Information
- Utility token name = Kubitcoin.
- Acronym = KBX.
- Platform = Ethereum ERC20.
- Max. number of tokens = 500,000,000.
- Cryptocurrencies accepted = ETH, BTC.
- Soft cap = 10,000 ETH.
- Hard cap = 25,000 ETH.
Token Distribution
- Private sale = 36%.
- Founders and Development Team = 23%.
- Investment fund = 20%.
- ICO = 16%.
- Advisors and Partners = 3%.
- Bounty = 2%.
Funds Usage
- Liquidity = 30.0%.
- Technology = 15.0%.
- Promotion = 15.0%.
- Reserves = 15.0%.
- Operations = 12.5%.
- Legal = 7.5%.
- Partnership = 5%.
CONCLUSION:
So I suggest friends to join KubitX ICO , because it’s a very good project, a clear future, a great team, good idea.
Hopefully adding information that can provide more benefits in investing in the future, Let’s succeed this project.So let’s join it. Thank you
About ROADMAP
1.
Q4 2017
Project Initiation:
Project feasibility study;
Benchmarking.
2.
Q1-Q2 2018
Project Engagement:
We building our Team;
Legal process for incorporation in Malta;
Whtepaper creation first draft (Business);
Angel/Seed Investor Engagements;
Token creation;
Community building.
3.
Q3 2018
Project Execution:
Platform design & development;
Whitepaper updates second draft (Technical add-on);
Complete technical designs with Partners;
Launch KuBitX Channels Ambassadors (Flagship countries);
Complete Prototype;
End of Seed Investments;
Start Private Round;
Operations Team Set-up;
Exchange Testing and Soft Launch.
4.
Q3-Q4 2018
Project Execution (Contd.):
End Private Round;
Exchange Go-Live;
Token Generation Event (TGE);
Global Promotions (Hackatons, Lauching of Blockchain Incubators across 5 Flagship countries);
Bounty Programs;
Full Operations commence.
5.
Q1-Q4 2019/2020
Project Add-ons:
KuBitChain- KuBitX Exchange now on the KuBitX Blockchain;
Phase 1: Financial Services Platform integration with KuBitX;
Platform re-design;
Continuous Improvement.
ABOUT TEAM
For more information:
ANN bitcointalk :https://bitcointalk.org/index.php?topic=4628365
Whitepaper: https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf
Twitter: https://twitter.com/kubitx
Facebook: https://www.facebook.com/kubitx/
Telegram: https://t.me/kubitx_official
Reddit: https://www.reddit.com/r/KubitX/
my Bitcointalk: Ameealvaro