Background The KubitX
There has been a idea to produce a crypto currency market platform and the creators learned there were also available flaws with the present crypto currency exchange ecosystem,'' which made the founders develop a powerful belief which the market eco-system should need to offer.
Listed below are the issues which captured the creator's attention.
- The lack of a ecosystem.
- readily available friction with the dealings of fiat currencies.
- The absence of a good customer care.
- the current existence of stability problems.
- The absence of awareness and education between your masses that includes caused a low adoption rate.
About KubitX
The crew is composed of specialists that are highly proficient and experienced, they as well have a fantastic work experience by fortune 500 companies and major four consultancy organizations.The group possess a great caliber of inspiring together with consulting each other's work. This attitude of gogetter has assisted them overcome the hurdles confronted until the date.
Examining The Crypto Currency Exchange Eco System.
KuBitX which occurs to be quite a new entrant from the cryptocurrency market has taken in to consideration the unique selling points of the 5 and above, It's Been capable to enhance on the ecosystem market as well as the facet with that it's enhanced comprises:
- The component of rate processing.
- The element of fiat deposit and withdrawal.
- The component of customer support.
- The simplicity of usage.
- Running a multi-lingual system.
Vision and Mission for KubitX
The under taken of why KuBitx has been done bearing in mind that the exact enormous vision which includes to educate, to empower along with engage people from your emerging markets at the crypto currency eco-system.The eyesight of KuBitX will Concentrate on the Subsequent regions:
- to teach regarding the blockchain tech, that may enrich adoption by individuals.
- The improvement of liquidity.
- A robust security.
- Including the fiscal strategy.
- Fiscal maturation of the approaching markets.
THE Capabilities That Produces KUBITX DIFFERENT.
- The presence of KuBitX ambassadors: The worthiness of ambassadors contain:
- They'll engage persons in distinct techniques.
- The ambassadors may help together with the acceleration of crossing chasm inside their respective regions.
- The ambassadors can enable the creators to gain more thorough comprehension of the way the adoption of KuBitX could be driven and also the underlying worth it'll produce all-round the socio economic world of each and every single country in the approaching nations.
- An improved fiscal Provider, that could include the following terms of performance:
- The move of capital.
- The processing of obligations.
- The servicing of retailers.
- The clear presence of remittances.
- The current presence of bill payments.
- The clear presence of trade financing.
The Business Style of KuBitX.
The business model consists of earnings flows which are derived from commissions on market trading and direction penalties.
- There is a discount of 25 percent upon making use of KuBitcoin (KBX) token.
- The system will offer an immediate withdrawal system into the user's bank accounts up on request by users.
KubitX Tokenomic.
KuBitX will soon issue a fixed supply of 500,000,000, KuBitcoin (KBX) token that is dependant upon the standard of ERC-20. The main reason behind choosing ERC-20 tokens is due to the present familiarity of this market place with the standard and also the equilibrium of their Ethereum block-chain.
- The Token sort is ERC-20.
- The complete source is 500,000,000.
- The cost Inch ETH =8,909.09
- KuBitcoin (KBX)The sole accepted currency is ETH.
- The tender cover will probably have 10,000 ETH.
- The tricky cap will probably possess 25,000 ETH.
- The private round bonus will get 20 percent.
- The general public round bonus will probably get 10%.
- Each token left unsold will be more burnt .
Distribution Of Token*
A percentage of 15 percent from your team diversification will likely be published after 3 months right after the end of the public round of TGE, 85% of their team diversification will likely then be locked for a period of time of 2 years which is then going to be released gradually over an interval of the following two decades .
- The bounty program will have 2%.
- The private sale will have 36.00%.
- KuBitX investment will have 20.00%
- 16.00% will be for public sale.
- The founders and development team will have 23.00%.
- 3.00% will be for advisors and partners.
Alocation Funds
- 15.0% will be for technology.
- 15.0% will be for promotion.
- 15.0% will go for reserve.
- 12.5% will be for operations.
- 7.5% will be for legal use.
- 5.0% will be for partnerships.
- 30.0% will be for liquidity.
The Exchanges Of KUBITX.
• The presence of advanced APIS and financial integration.
• The presence of efficiency and performance.
• The presence of security measures.
• The availability of monitoring and control.
Kubitx Roadmap
By Q4 2017, the project was initiated, there was a feasibility study on the project and there was also a benchmarking.
By Q1-Q2 2018, there was an engagement of project, the structuring of the team, legal processes for the incorporation of Malta, the first draft creation of whitepaper, the angel/seed contributions engagement.
By Q3 2018, the project was executed, there was a launch of KuBitX channels ambassadors, the availability of a prototype, and the start of a private round of TGE, there was also an exchange of soft launch.
By Q3-Q4 2018.
The project execution continues.
The first phase will be for the integration of financial services with KuBitx.
There will be an end of a private sale.
There will be an exchange of Go-Live.
A public round of TGE.
Availability of global promotions.
By Q1-Q4 2019/2020.
The project Add-ons, the KuBitChain.
The second phase will have the integration of financial services with KuBitx.
Continuous improvement.
Link Information
Website
Whitepaper
Twitter
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Reddit
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Medium
Youtube
Ann
Author
Khayawal
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