Introduction
Global trend of financial eco-system has evolved to a stage where blockchain technology has taken penultimate position as the driving force. The current scenario of emerging innovate technology such as blockchain technology, advancement in fintech, efficient, fast, secured, reliable and low-cost fund transfer as well as the utilization of cryptocurrency by the masses. It is just in time for financial industry to embrace the wave of change as the way forward.
KitToken is a Singapore-registered company that offers a utility token. KitToken aims to help foreign workers in Malaysia transfer money to their homes which could be in countries like Indonesia, Philippines, Bangladesh, India, Nepal and Afghanistan. The rates offered are cheaper compared to normal, conventional banks and PayPal.
KitToken is committed to develop a financial ecosystem based on blockchain technology. KitToken utilizes value transfer protocol to achieve the transfer of payments from one person to another on peer to peer basis. It also aims at building a decentralized platform for achieving faster and quicker transaction rates. Current payment systems are having a lot of drawbacks that needs to be updated and hence KitToken make way for innovative digital mobile payments.
KitToken Strategy
The Different of KitToken with other Platform
KitToken provides cheaper platform to transfer protocol to achieve the transfer of payments from one person to another. They also aims to build a decentralized platform for achieving faster and quicker transactions across the borders.
KitToken Features
- Secure and definite environment
- Connects merchants and individuals
- Low fees,fast and reliable transactions
- Sharing of profit among holders
- Strong asset backed business activities
- Self-governing technology and global remittance
How does KitPay Work?
KitPay works as centralized server within a decentralized blockchain infrastructure in a connected to network. KitPay will allow users to own a wallet which stores, transfer and trade KitToken in daily conventional economic activities. KitToken holders benefit from convenient utilization and appreciation of KitToken value. Ultimately, via a Point of Stake (POS) Scheme, KitToken holders receive profit sharing from KitToken Inc. business activities.
KitToken Security
Before the launch of production version of KitToken we need to finalise the software solution, undergo strict security, performance and usability tests. Smart contract and blockchain integration implementation will be audited and ethical hacks will be performed to ensure security of the production version.
KitPay platform comprise of the KitPay wallet allowing of transactions such as transfer of tokens, monitor balance, transaction history, secured payments in a centralized KitPay eco-system within decentralized blockchain platform. KitPay system is protected by firewalls and cybersecurity protection and implementation of Know Your Customer (KYC).
Token Details
Token: KitToken
Ticker: KIT
Decimal : 18
Cost per token : $0.05
Total Supply : 8 Billion
For Reserve : 2.5 Billion
For sale : 3.5 Billion
Airdrop+Bonuses : 2 Billion
ICO and Pre-sale information
Early Bird sale event
20th to 25th July (Bonus 70%)
26th to 31st July(Bonus 50%)
ICO sale
1st phase -August 1st to 10th (Bonus 30%)
2nd phase-August 11th to 20th (Bonus 20%)
Token Distribution
Roadmap
2017
JULY
Research on Cryptocurrency market and transfer medium between ASEAN countries
OCTOBER
Technical specifications and survey on users experience on money transfer
Approach travel agencies regarding new,cheap and reliable payment method
NOVEMBER
Building network among corporate and cryptocurrency network
Approach financial and technical partners
DECEMBER
Constructing human resource requirement for operational purposes
2018
JANUARY
Finalizing necessary financial procedure with local and international bodies
FEBRUARY
Development of KIT token website and wallet
Establishment of Technical partners
APRIL
Establishing KitToken alpha platform and whitepaper preparation
JULY
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
AUGUST
Launching of KitToken
ICO:
1st - 10th : I phase of ICO (30% Bonus)
11th - 20th : II phase of ICO ( 20% Bonus)
SEPTEMBER
Launching of KitPay web wallet and mobile apps Version 1.0
OCTOBER
Business development and strengthening of partnerships
Exposing KitToken actively through international forum
2019 and 2020++
Q1 of 2019
Launching KitToken.Inc travel and tour project
Partnership with local and international bank
Listing on another exchange
Q2 of 2019
Launching KitToken Neurosciences Project
Listing on new exchange
Q3 of 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 information, please visit the links below :
Website: https://kittoken.net
ANN Thread: https://bitcointalk.org/index.php?topic=4557979.msg41057899#msg41057899
Twitter: https://twitter.com/TokenKit
Facebook: https://www.facebook.com/KitTokenOfficial
Medium: https://medium.com/@kittoken.official
Whitepaper: https://img1.wsimg.com/blobby/go/030bdbd0-d698-4aa3-ba4d-d2bc680f2ec9/downloads/1chf5j90p_313571.pdf
Author
Bitcointalk Username: nugroho997
Profile: https://bitcointalk.org/index.php?action=profile;u=2070778;sa=summary
ETH Address: 0x58055FE8f531294DcF2F4dfeD90fDA26CCEabC38