What is Kittoken ?
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 subjected to develop a sustainable and stable financial ecosystem based on blockchain.It 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 transactions across the borders. It also uses the world’s top most security systems to make sure that its financial ecosystem is fast as well as secure.
KitToken is officially registered with the Malaysian government. KitToken will trade on exchanges that are compatible with the SEC, where you can buy and sell them profitably. KitToken can be used with existing point programs. KitToken can be exchanged for crypt and cash. KitToken can also be purchased for items.
What is KitPay ?
KitToken is a self-managed financial system based on P2P transactions on an open source platform. This platform is called KitPay.
KitPay will work as a centralized server within a decentralized blockchain infrastructure in an interconnected network. KitPay will allow users to have a wallet that stores, transfers and markets KitToken in daily conventional business activities. KitToken holders will benefit from the use and appreciation of KitToken's value. Ultimately, through a Point of Stake Plan (POS), KitToken holders receive participation in the benefits of the business activities of KitToken Inc.
KitPay provides a unique Ethereum hybrid model for storing and processing digital transactions in a secure and transparent manner that includes proof of work (POW) and stake test (POS). POW implies the number of transactions or the purchase of KitToken by the token holders. POS records the storage of KitToken in an individual wallet for the purpose of profit distribution.
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.
Challenges of Crypto Currencies
Thousands of currency-based payment gateways are available in the market. However, there are some challenges and current issue for the payment gateway users. Here are some of them:
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
Motivations of Kittoken
Present Condition of Cash
Cash remains the dominant force in any economy.It will have a change at all times. And this is what which paved way for the existence of an updates and new version of payment method the kitpay method.
Necessity of KitPay
In future Kitpay technology can allow better development of financial transactions to meet he demand for new currencies. It enables faster and quicker as well as safer means of making payments.
Crypto Regulations
Convergence to digital currency disruptive era is accepted by regional Asian Countries where most countries are developing regulatory guidelines for utilizing cryptocurrency as a mode of payment.
Crypto Regulations
Convergence to digital currency disruptive era is accepted by regional Asian Countries where most countries are developing regulatory guidelines for utilizing cryptocurrency as a mode of payment.
Token Details
Token: KitToken
Symbol: 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%)
The Management Team are:
- Mr. Amir Mohamed Chief Executive Officer (CEO)
- Mr. Khalid Abu Hassan, Senior Vice President of Corporate Finance (SVP-CF)
- Mr. Mohd Taufik Abdullah Senior Vice President of Business Development (SVP-BD)
- Dr. SitiZaharah Ismail Chief Strategy Officer
- Ms. Nurul Ain Hassim Chief Information Officer & Technical Lead
- Ms. Irma Mardiana Abu Rahim Backend Developer
- Mr. Ahmad Faiz Amir Lead Programmer
- Ms. Siti Salbiah Nur Hussin Blockchain Integration Manager
- Dr. Wan Asiah Wan Adnan Project Manager
- Maj (R) Rusydi Noh Ramli Operation Manager
Advisors:
- Mr. Sujith Somraaj Founder & CEO of StellarGold
- Mr. Ben Jones Crypto Currency Evangelist
Roadmap
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