What is KitToken — KitToken ICO review
KitToken was established in Malaysia to create a cryptocurrency product that can be utilized in all existing and future aspects of the financial ecosystem in the world.
What is KitToken?
KitToken is introduced to developing a sustainable and stable financial ecosystem based on blockchain. It uses a value transfer protocol to achieve transfer of payments from one person to another in a peer-to-peer manner. It also aims to build a decentralized platform to achieve faster and faster transactions across borders. It also uses the world’s top security system to ensure that the financial ecosystem is fast and safe.
KitToken is a self-overseeing money related framework with P2P exchange in view of open source stage called KitPay. KitToken and KitPay is engendered on Ethereum blockchain (an ERC-20 Token) and running on the fundamental Ethereum hub.
KitToken Solution and Features
KitToken is subjected to build up a manageable and stable financial ecosystem in light of blockchain. It uses esteem exchange convention to accomplish the exchange of installments starting with one individual then onto the next on shared premise.
It additionally goes for building a decentralized stage for accomplishing speedier and faster transactions over the outskirts. It likewise utilizes the world’s best most security systems to ensure that its financial ecosystem is quick and in addition secure.
Secure Payment Transfer
Unlike current payments and settlement choices, Kittoken will be more secure in light of the fact that it depends on blockchain innovation. It would be inconceivable for programmers to rupture the blockchain since they utilize propelled hash works that give assurance from programmers and other system based attacks. Along these lines, all cash exchanges can be done with no danger of hacking.
Quick Worldwide Activities
In the present case, overall payment is ease back because of payment foundations. Kittoken will offer an elective that permits constant payments anyplace on the planet. This will be particularly valuable for internet business and nonstock deals exchanges in view of quick exchanges.
Low Transfer Fee
The vast majority of the current payment transactions strategies require high transaction charges. A large portion of them charge 10–20% for transactions fee. This is particularly high given the unsecured idea of these exchanges. KitTokens is wanting to make exchange costs more reasonable for venders and merchants.
Sharing of benefit share among token proprietors
Kittoken will have extra favorable circumstances by offering the benefits from the transaction to the token proprietors. Consistent airdrops will be given to those holding Kittoken. This will give an automated revenue opportunity that does not require ability or speculation.
Legitimate and good
Kittoken is a digital currency formally enrolled to the Malaysian government, to be exchanged a SEC-agreeable clearing exchange. This gives an authenticity that the vast majority of the other crypto cash does not have. It will likewise rely upon new controls made by the SEC or MAS.
Kittoken developers have been working in the previous couple of months to make it simple to incorporate the Kittoken payment system into any dealer’s internet business store. Also, portable applications will be passed on to make it less demanding for clients who are not fit to manage crypto cash to do things effortlessly.
KitToken Token Details #KIT:
- Token name: KitToken
- Symbol: KIT
- Decimal: 18
- Cost per token: $ 0.05
- Total Supply: 8 Billion
- For Reserves: 2.5 Billion
- For sale: 3.5 Billion
- Airdrop + Bonus: 2 Billion
- Contract Address: 0x080eB7238031F97Ff011e 273D6CaD5ad0c2dE532
- Platform ERC20 (Ethereum)
- Compiler Version: v0.4.21 + commit.dfe3193c
- Type of token: Utility tokens
- Soft Cap: $5 Million USD
- Hard Cap: $175 Million USD
- Minimum Contribution: 0.2 ETH or $100
DEV Team & Advisors
KitToken Developement team includes 10 members:
1) Mr. Amir Mohamed, CEO of KitToken
Amir Mohamad, KitToken’s Chief Executive Officer, holds an MBA (Master of Business Administration) in International Business from the University of East London, UK. He has been the CEO of Masterplan Center Sdn. Bhd., a data centre company, since 2011. Prior to that, he was the CEO of Billadam, a mobile applications & content development company based in the UK and Cyberjaya (a science park town in Malaysia) which produced the first mobile street map of London. All in all, Amir boasts over 25 years of entrepreneurship experience. Over the last few years, he’s also involved himself in the trading of cryptocurrencies. Amir has been appointed to spearhead KitToken as its CEO.
2) Mr. Khalid Abu Hassan — Senior Vice Presidents
Khalid Abu Hassan, Senior Vice President of Corporate Finance holds B.Sc Mathematics & Economics from Northern Illinois University, Illinois USA and M.Sc Applied Statistics from Bowling Green State University, Ohio USA. He has been the Head of Quantitative Department at Mara Institute of Technology and joined National Fund Ltd as a Corporate Consultant. He has been contributing to the government of Malaysia, his consultancy experiences in many projects as Business Development Consultant for 2 major corridor development initiatives namely ECERDC and NCIA. He received a letter of commendation from the Prime Minister of Malaysia in 2012.
3) Mr. Mohd Taufik Abdullah — Senior Vice President Business Development
Mohd Taufik Abdullah, Senior Vice President Business Development has attended BA Business & Marketing, Bedfordshire, UK. Bringing into the KitTokenteam 25 years of experience in International Marketing, Business Management and Entrepreneurship. In the years of experience, Taufik has managed cross-border brick and mortars businesses to e-commerce and mobile platforms from start up to established global business ventures in Malaysia, Saudi Arabia, Indonesia and the United Kingdom. His main aims and contribution to this team is to be part of the KitToken business team in exploiting its resources & expertise to become the cryptocurrency of choice in the new global economic order.
4) Dr. Siti Zaharah Ismail — Chief Strategy Officer
Dr.Siti Zaharah, KitToken Chief Strategy Officer is a medical doctor by training and has been involved in the medical service for 8 years. She is also actively committed to community service especially in the development of small and home oriented entrepreneurship. Indirectly, these continuous engagement had exposed her to the retail sectors in the rural and suburban regions covering a large number of users. She is aspired most by the usability of Blockchain technology and digital payment as an important mode of business transaction beyond physical boundaries.
5) Ms. Nurul Ain Hassim — Chief Information Officer and Technical Lead
Nurul Ain Hassim,the KitToken Chief Information Officer and Technical Lead has attended Master of Information Technology, University Technology Mara and Degree of Computer Science (Artificial Intelligence), University of Malaya. She has a lot of experienced as Project Manager with vast IT experience and Blockchain Technology. Skills include computer networking, analytical thinking and creative problem solving. . Very capable with a proven ability to ensure the smooth running of ICT systems and to provide IT services that will improve the efficiency and performance of the KitToken and KitPay.\
6) Ms.Irma Mardiana Abu Rahim — KitToken Backend Developer
Irma Mardiana Abu Rahim,the KitToken Backend Developer is a former Naval Officer with 16 years experienced specialize in military intelligence, network centric and big data technology. Bringing also 6 years of backend developer in server management into the KitToken team. Diana able to assimilate her military experiences into the business environment at various levels of business activities particularly on the IT related requirement. She is motivated to enhance the utilization of the KitToken as one of the most trusted cryptocurrencies in the world.
7) Ahmed Faiz Amir — Lead Prgramer
Faiz ,KitToken Lead Prgramer has been active within the creative industry for over 10 years . Graduated from IMW , City and Islington College, London. Faizhas vast experience in ICT field. He has worked on few animation series such as RimbaRacer ,Didi And Friends , Ejen Ali , Omar & Hana. He developed programme and produced audio for mobile content for BillAdam mobile greeting cards as well as a creative team member for Billadam’s A-Z map of London. Faiz is currently a resident engineer at MDEC MAC3 Studio in Cyberjaya
8) Ms. Siti Salbiah Nur Hussin — Blockchain Integration Manager
Siti Salbiah Nur hussin is the KitToken Blockchain Integration Manager. She is an educator with 6 years of experience in multimedia & ICT into the team. Salbiah is able to incorporate her education background into the business environment particularly in the IT related requirement. She has been actively involved in the trading of cryptocurrency as well as Blockchain technology over the past few years. She is motivated to expand the KitToken horizon throughout the globe as one of the most comprehensive and conclusive cryptocurrencies in the world.
9) Dr. Wan Asiah Wan Adnan — Project Manager
Dr. Wan Asiah Wan Adnan,the KitToken Project Manager. She had attended Bachelor of Medicine & Bachelor of Surgery (MBBS) from the International Medical School, Management & Science University (MSU) of Malaysia. The Medical Officer at Kuala Lumpur Hospital has 3 years of experience in the medical field andyears of experience in the IT and business fields. She is really motivated in enhancing the usage of KitToken as one of the most comprehensive cyptocurrencies throughout the globe. Thus making the project a reality with her management and thinking skills.
10) Maj (R)Rusydi Noh Bin Ramli — Operation Manager
Maj (R) Rusydi Noh bin Ramli, the KitToken Operation Manager had attended Master of Human Resource Management, Asia E University and Diploma of Management, Open University Malaysia. He is able to assimilate his military experiences into the business environment at various levels of business activities particularly on human resource, operational and related requirement. He is also able to apply his experience into the KitToken operation in order to make KitToken as one of the world’s leading tokens
KitToken Advisor Board
- Mr. Sujith Somraaj- Founder and CEO of Stellargold.Inc
- Dr. Ben Jones — Cryptocurrency Evangelist
- Mr. Dato Mohd Anuar Sidek — Cryptocurrency Infrastructurist
KitToken Roadmap
Jul 2017:
- Research on Cryptocurrency market and transfer medium between ASEAN countries
Oct 2017:
- Technical specifications and survey on users experience on money transfer
- Approach travel agencies regarding new,cheap and reliable payment method
Nov 2017:
- Building network among corporate and cryptocurrency network
- Approach financial and technical partners
Dec 2017:
- Constructing human resource requirement for operational purposes
Jan 2018:
- Finalizing necessary financial procedure with local and international bodies
Feb 2018:
- Development of KIT token website and wallet
- Establishment of Technical partners
Apr 2018:
- Establishing KitToken alpha platform and whitepaper preparation
Jul 2018:
- World crypto asset blockchain alliance ASIA summit on July 7th,2018
- Kit Token airdrops and establishment in all possible social medias
- Launch of KitToken pre-sale on July 20,2018
Aug 2018:
- Launching of KitToken ICO
- 1st — 10th — I phase of ICO (30% Bonus)
- 11th — 20th — II phase of ICO ( 20% Bonus)
Sep 201:
- Launching of KitPay web wallet and mobile apps Version 1.0
Oct 2018 :
- Business development and strengthening of partnerships
- Exposing KitToken actively through international forum
Q1 2019:
- Launching KitToken.Inc travel and tour project
- Partnership with local and international bank
- Listing on another exchange
Q2 2019:
- Launching KitToken Neurosciences Project
- Listing on new exchange
Q3 2019:
- Launching KitToken Petroleum Bunkering Project
- Listing on another big exchange
2020:
- Launching More mega projects in future
- Listing on nearly 25 big exchanges.
For more details about KitToken, visit:
- Website: https://kittoken.net
- Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4557979
- Twitter: https://twitter.com/TokenKit
- Facebook: https://www.facebook.com/KitTokenOfficial
- Medium: https://medium.com/@kittoken.official
This article was edited by JQCrypto (Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2333640)
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