KuBitX — The First True Global Exchange.

- September 07, 2018

https://www.kubitx.io/

Progress in the digital age has released the most powerful technology in terms of security and reliability, none other than Blockchain Technology.

Blockchain technology is the solution to the disadvantages of conventional centralized storage technology, which stores all data in one location. They are often vulnerable to cyber attacks and most do not have a strong recovery system. It has got data from users around about data loss or leakage, which can be very difficult for them.

Blockchain technology is a decentralized storage platform, which stores multiple copies of data in multiple locations and also keeps a record of every transaction. The recovery mechanism is also very strong. There are many crypto currencies introduced after the discovery of Blockchain.

In the midst of the evolution of many platforms quickly, platform quality does not fit the target and invites many loopholes as well. The customer service they provide is of poor quality, with delayed service and late follow-up.

The amount of crypto currency currently available in the market is too high for the layman to understand and use it uniquely as a secondary difficult task. For this reason crypto currency and Blockchain Technology can not gain popularity as expected.

There are some security flaws involved with the current crypto currency framework, as you will see below :

=> The user experience and interfaces provided by the existing platform are completely unfriendly and somewhat confusing. This raises the need to have a relook on the implementation strategy by considering feedback from users and the crypto currency platform.

=> The customer service they provide is of poor quality, with delayed service and late follow-up.

=> The amount of crypto currency currently available in the market is too high for a layman to uniquely understand it and use it as a secondary difficult task.

To overcome this weakness, the Future Project Is Established, which will be the solution to all the above mentioned losses. And this project is named KuBitX!

KuBitX is one of the most powerful and powerful cryptocurrency trading platforms designed in a very user-friendly way to allow people from all regions and backgrounds to get the idea bastion revolving around Blockchain and cryptocurrency spaces.

KuBitX Project Will Benefit You!

=> High scalability.

Our platforms are highly scalable, ready to receive new features to enhance our users’ trading experience.

=> Blockchain Technology.

Our tokens were originally based on Blockchain Ethereum. We plan to launch our own chain in the near future which will then be very useful in many cases such as the most common social, utility, administrative and governance issues in developing countries.

=> Very low cost!

Our platforms present competitive competitive trade costs that will be even cheaper and more convenient by using our token.

=> Safe.

We’ve made extensive benchmarks with the current platform, which allows us to take some steps forward, plus our security team comes from a top organization.

=> Ecosystem.

As adherents to the peer to peer payment ecosystem, we believe that the traditional financial system will eventually be partially replaced due to ever-destructive beliefs, censorship and enlightened communities.

=> Risk Minimized.

Our multi-signature wallet and cold storage strategy will minimize our trader’s currency exposure. We have combined various strategies to secure funds traded on our platform.

Check out this video above to see the working procedures of this KuBitX Project.

Token.

Token Name : Kubitcoin, (KBX).
Token Type : ERC-20
Total Supply : 500,000,000
Price 1 ETH = 8,909.09 KuBitcoin (KBX).
Accepted Currency : ETH.
Soft Cap : 10,000 ETH.
Hard Cap : 25,000 ETH.
Private Round Bonus : 20%.
General Round Bonus : 10%.
Token Not All : Burned.

Distribution of Tokens and Fund Allocations.

Token Allocation :

Bounty and Airdrop : 2%.
Board Advisor : 3%.
General Round : 16%.
KuBitX Investment Fund : 20%.
Founder and Developer Team : 23%.
Pre-Public Round : 36%.

Fund Distribution :

Partnership: 5%.
Law: 7.5%.
Operation: 12.5%.
Technology: 15%.
Promotion / Marketing: 15%.
Reserves: 15%.
Liquidity: 30%.

About ROADMAP

Q4 2017
Project Initiation:
Project feasibility study;
Benchmarking.

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.

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.

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.

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.