With the development of blockchain increases the need in complex solutions, platforms that are able to provide various services to users. Bithemoth offers a product that is designed for a complete solution. It is done for a wide category of users, suitable for both traders and holders of cryptocurrencies. Bithemoth also offers a platform for the development of ICO and has its own educational program.
Description of product, the difference from the competitors
Bithemoth is an exchange that aims to connect the traditional fiat money with cryptocurrencies. Therefore, Bithemoth provides various ways to deposit the funds by fiat money, and to withdraw funds from the exchange using a debit card.
For more secure storage of funds there is a built-in wallet.
There is also its own trading platform and ICO incubator. For traders, there are the various tools designed for the most successful trading. For holders of cryptocurrencies are provided the examples of an investment portfolio and various analytical materials.
Unlike its competitors, provided only some of the services from the above list, Bithemoth decided to combine everything in one platform.
Team
The project has an experienced team of specialists in various fields with the extensive investment experience and already working successful projects. Bithemoth is officially registered in South Africa.
Road map
The launch of the beta version of the platform is scheduled for the 3rd quarter of 2018. In the 4th quarter of 2018, the exchange and its mobile applications will appear. Exchange and other products will be licensed.
The details of the ICO
ICO will take place in the 3rd quarter of 2018. The exact date of ICO is not established yet and will be announced later. The Soft Cap of the project is 1,000,000 euro and Hard Cap is 5,000,000 euro. During the various rounds of ICO the discounts will be from 56% at the beginning to the 18% at the end of ICO. Every quarter a part of the profits of Bithemoth will used to buy back the tokens, thereby increasing their price.
Conclusion
Bithemoth - is a complex solution in the sphere of trade of cryptocurrencies. Developers of the project use the need in universal solutions and created and universal platform. The launch of the beta version of the platform is scheduled at the 3rd quarter of 2018.