About Project Kubitx
What is kubitx?
advanced platform
KuBitX is one of the most advanced and robust cryptocurrency trading platforms designed in a very user-friendly manner to enable people from all regions and backgrounds get a stronghold of the ideas revolving around the Blockchain and the cryptocurrency space.
secured wallets
Contained within the KuBitX ecosystem are the KuBitX Trade engines, the secure KuBitX wallets, and an advanced Admin dashboard for regulating the activities within the Trade Exchange.
for buyers and sellers
By targeting even the remotest people for their inclusion in the cryptocurrency market, our goal is to become one of the most diverse cryptocurrency marketplaces for buyers and sellers worldwide.
How kubitx will benefit you?
High Scalability
Our platform is highly scalable, ready to accept new features to improve our users trading experience.
High Scalability
Our platform is highly scalable, ready to accept new features to improve our users trading experience.
Secure
We have made an extensive benchmarking with the current platforms, which allowed us to take few steps ahead, plus our security team comes from top organisations.
Blockchain
Our token is initially based on the Ethereum blockchain. We plan to launch our own chain in the near future which will then be very useful to many cases such as the most common social, utility, administration, and governance problems in developing countries.
Ecosystem
As strong believers in peer to peer payment ecosystems, we believe that traditional financial systems will eventually be replaced partly due to continuous broken trust, censorship and a growing enlightenment of the populace.
Low Fees
Our fees are the lowest around, it is even lower when you choose to use our native token the KBX for fees payment. Trading fee on KuBitX exchange is 0.05%, however, the users opting to use KuBitcoin(KBX) tokens as a method of payment of trading fee will get a discount of 25% compared to the original trading charges.
- Trading fee = 0.05%
- Trading fee using KBX token= 0.0375%
Minimized Risk
Our multi-signature wallet and cold storage strategy will minimize the exposure of our trader’s funds. We have combined various strategies to secure the funds traded on our platform.
About kbx token
Ticker
KBX
Token Type
ERC20 (Ethereum)
Decimal
18
Total Supply
500,000,000
Currencies Accepted
ETH
Soft Cap
10.000 ETH
Hard Cap
25.000 ETH
TGE Details
Seed Round: Ongoing. Ends 16 July, 2018.
Pre-Public Round: 16 July - 31 August, 2018
Public Round: TBC
Ticker
KBX
Token Type
ERC20 (Ethereum)
Decimal
18
Total Supply
500,000,000
Currencies Accepted
ETH
Soft Cap
10.000 ETH
Hard Cap
25.000 ETH
TGE Details
Seed Round: Ongoing. Ends 16 July, 2018.
Pre-Public Round: 16 July - 31 August, 2018
Public Round: TBC
TGE Round Details
TGE batch
Pre-Public Round
TGE batch
Pre-Public Round
minimum entry
25 ETH
price per kbx
0.0001122 ETH
bonus
20%
TGE batch
Public Round
25 ETH
price per kbx
0.0001122 ETH
bonus
20%
TGE batch
Public Round
minimum entry
0.25 ETH
price per kbx
TBC
bonus
TBC
Token Allocation and Funds Distribution
Token Allocation
2% Bounty & Airdrop
3% Board Advisors
16% Public round
20% KuBitX Investment Fund
23% Founders & Core Team
36% Pre-Public Round
Funds Distribution
5% Partnerships
7.5% Legal
12.5% Operations
15% Technology
15% Promotion/Marketing
15% Reserves
30% Liquidity
Roadmap
Q4 2017
Project initiation
Project feasibility study
Benchmarking
Q1-Q2 2018
Project engagement
Team Structuring
Legal process for incorporation in Malta
Whitepaper creation (First draft: Business)
Angel/Seed Investor engagements
Q3 2018
Project execution
Launch of KuBitX Channels Ambassadors (Flagship countries)
Prototype
Start of Pre-Public Round of TGE
Exchange Soft (Beta) Launch
Q3-Q4 2018
Project execution (Contd.)
Phase 1: Financial Services integration with KuBitX
End of Pre-Public Round
Exchange Go-Live
Public Round of TGE
Global promotions
Q1-Q4 2019/2020
Project Add-ons
KuBitChain - KuBitX Exchange now on KuBitX Blockchain
Platform redesign
Continuous Improvement
For more information:
Author: 0x0333
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