Thanks to Blockchain technology and its fusion with great ideas for its good use, it has brought some advances, both technologically, and in the way of doing business, such is the case of the exchange houses and although there are many , today we will present an analysis of one of those that will open the way in the sector and seeks to be among the best in its kind and stand out as the largest, it is KubitX, so we invite you to take a look at our analysis so you are aware of what is coming, which could be a topic of interest for all those who are immersed in the cryptographic industry and the constant progress of this, along with all the changes that little by little has been approaching that future that looked so far away, the digital era, how the cryptomonedas are slowly replacing the fiducidiary money, we will talk about the decentralized market and about Kubitx, the new platform that promises to be in the top and why what? then:
About KubitX
KubitX is one of the most advanced commercial platforms and also has a strong cryptocurrency designed to embrace the notion of “simplicity” and “accessibility”, empower and educate people from all walks of life to adapt to the revolution that has brought with it the implementation of Blockchain technology, and also with respect to investing in cryptocurrencies. Within the KubitX ecosystem are the integrated KubitX Trading functions, the secured KubitX portfolios and the advanced administration panel to configure the activities in Trade Exchange.
The KubitX team consists of a large number of highly talented and experienced experts with extensive experience in the work of the Fortune 500 companies and the consulting firm “Big Four” are professionals who have identified “inclusion” and “adoption” as the main pillar of growth for each of the cryptocurrencies located in the currency market.
The KubitX ecosystem will effectively become one of the most complete and suitable solutions for traders, partnering with the best experts in commercial engines with extensive experience in the industry. This is undoubtedly a promising project with high expectations and from which long-term sustainability can be expected.
Objectives of the Project
Its objective is to offer a unique platform for our users. Many countries and citizens have been left behind in a new revolution called Blockchain, we will connect the dots and offer an excellent service using the best practices of the main global organizations.
Advantages of the Project
High scalability; The 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 social, utility, administrative and governance problems most common in developing countries.
Very low cost !: Our platforms present competitive competitive costs that will be even more economical and more convenient when using our token.
Sure: We have made extensive reference points with the current platform, which allows us to take some steps forward, in addition our security team comes from a superior organization.
Ecosystems
As supporters of the peer-payment ecosystem, we believe that the traditional financial system will eventually be partially replaced due to always destructive beliefs, censorship and enlightened communities.
Minimized risks: our strategy of safe storage and multi-signature wallet will minimize the exposure of our merchant. We have combined several strategies to ensure the funds negotiated on our platform.
Business Model
KUBITX’s business model consists of revenue streams from market commissions and management fees. This section will explain how the revenue stream and KuBitcoin token (KBX) has been integrated into the system, giving an idea of how KuBitcoin token (KBX) holders will be rewarded.
25% discount for using KuBitcoin tokens (KBX): KuBitcoin tokens (KBX) are easy to use as a payment method for negotiation costs. In addition, users who choose to use KuBitcoin tokens (KBX) as a method of trading commissions will receive a discount of 25% compared to the original commercial rate. If the accounts receivable are NEO, we will calculate the exchange ratio of NEO to KBX at the market price, based on the market price of NEO / BTC and KBX / BTC. Exchange rate NEO / KBX = NEO / BTC [price Market] / (KBX / BTC [market price]). The KuBitX update cycle for the market price is 1 second.
Quantity 1
Cash price: $ 10,000
Actual commercial rate: $ 5 (0.05%)
Discounted trade rate: $ 3.75 (0.0375%)
Payment Processing Fee – KuBitX will offer a direct withdrawal to the user’s bank account requesting liquidity in the fiat by allowing them to change the KuBitcoin token (KBX) to Fiat with a payment processing fee of 2.5%.
Route map
Q4 2017
Project initiation
Project feasibility study
Benchmarking
Q1-Q2 2018
Project participation
Structuring the team
Legal processes for incorporation in Malta
First draft of creation of Whitepaper (Business)
Participation in Angel / Seed contributions
Q3 2018
Execution of the project
Launch KuBitX Channel Ambassadors (flagship countries)
Prototype
Start TGE Private Round
Soft Exchange Launch
Q3-Q4 2018
Project Execution (Cont.)
Phase 1: Integration of Financial Services with KuBitX
Private Round End
Go-Live Exchange
TGE public round
Global promotions
Q1-Q4 2019/2020
Project complements
KuBitChain
Phase 2: Integration of financial services with KuBitX
Continuous improvement (operations, product improvements and
comments from the community to improve)
About Token KubitX – Part II
(Summary):
Token name: Kubitcoin, (KBX).
Token type: ERC-20
Total supply: 500,000,000
Price 1 ETH = 8,909.09 KuBitcoin (KBX).
Accepted currencies: ETH.
Soft Cap: 10,000 ETH.
Hard Cap: 25,000 ETH.
Private round bonus: 20%.
Public round bonus: 10%.
Tokens not sold All: Burned.
Information about the Distribution of Tokens and Fund Assignments.
Assignment of Tokens:
Bounty and Airdrop: 2%.
Advisors: 3%.
General round: 16%.
KuBitX investment fund: 20%.
Founder and team of developers: 23%.
Pre-Public Round: 36%.
Distribution:
Association: 5%.
Law: 7.5%.
Operation: 12.5%.
Technology: 15%
Promotion / Marketing: 15%.
Reserve: 15%
Liquidity: 30%
Team
Links of interest:
Website: http://www.kubitx.io/
Whitepaper: https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf
Twitter: https://twitter.com/kubitx
Facebook: https: // www. facebook.com/kubitx/
Telegram: https://t.me/kubitx_official
Reddit: https://www.reddit.com/r/KubitX/
My information:
By Bitcointalk user: Kira_Korsakov
Profile: https://bitcointalk.org/index.php?action=profile;u=1759965
My etherwallet: 0xef9eA6EE41164E4d276c0879Df9eFf96423b3609