ABSTRACT
KuBitX is one of the most adavnced and robust cryptocurrency trading platforms designed to embrace the idea of "Simplicity" and "Accessibility," empowering and educating people from all walks of life to embrace the technological revolution of Blockchain and invest in cryptocurrencies. Contained within the KuBitX ecosystem are the KuBitX Trade engines, the source KuBitX wallets and an advanced Admin dashboard for regulating the activities within the Trade Exchange. By targeting the untapped, high potential demographics for their inclusion in the Cryptocurrency market, our goal is to become one of the most diverse cryptocurrency marketplaces for buyer and sellers. We aim to achieve this by developing a robust tarde engine, providing regular banking services through our Financial Services Providers and initiating an Ambassador program to spread awarness and adoption.
The KuBitX tam is composed of an extremely talented and experience bunch of professionals with significant work experience from Fortune 500 companies and "Big Four" consultancy firms that have identified "Inclusion" and "Adoption" as the major pilars of growth for any Cryptocurrency marketplaces. As a result of many brainstorming and ideating sessions, the team was able to come up with unique ideas such as an inbuilt Financial Services features in addition to making the coin listing process convenient in terms of time and cost.
To create a harmonious ecosystem within the exchange, the KuBitCoin (KBX) token will be used for free payments within the exchange operation and will be also be integrated into the banking processes integrated with the exchange to enable user to get fiat services in a short span of time.
The user-friendly outlook of the exchange will also allow it to promote adoption. Simplifying the process of remittance also providers us with the potential to target a good user bases and thus helping in increasing the liquidity of the exchange.
The KuBitX ecosysetm is effectively going to be one of the most comprehensive and compliant solutions for traders, partnering with the best trade engine experts having a broad industry experience. Our platform will redefine how exchange operate and by attracting more traders via various product offerings, we will expand the pool of participants by fostering greater market liquidity and thereby contributing to its overall growth.
WHO WE ARE
The KuBitX team is composed of an extremely talented and experience bunch of professional with significant work experience form Fortune 500 companies and "Big Four" consultancy firms. Having gained substansial insights and expertise in our respective domains, it was natural for us to work in the development of the emerging markets form where we actually belong. The team has this onnate quality of not only motivating each other constantly but to comploment each other's work. The go-gettet attitude of the team has thus led to overcome all the obstacle that we faced till date.
KuBitX BUSINESS MODEL
The KuBitX business model consist of revenue streams coming from comision onmarket trading and management fee. This section will detail how the revenue stream and KuBitcoin (KBX) tkoen have been integrated into the system, giving an ideas as to how the KuBitcoin (KBX) token holders will be rewarded.
- 25% discount on using the KuBitcoin (KBX) token - KuBitcoin (KBX) tokens have the utility of acting as a method of payment for the trading fee. Plus, the users opting to use KuBitcoin (KBX) tokens as a method of payment of the trading fee will get a discount of 25% compared to the original trading charges. If the trade receivable is NEO, we will calculate it by the exchange ration of NEO to KBX at the market price, which is based on the market price of NEO / BTC and KBX ? BTC. Exchange ratio NEO/KBX = NEO/BTC [market price] / (KBX/BTC [market pice]). KuBitX update cycle for the market price is 1 second.
- Payment prcessing fee - KuBitX will offer direct withdrawal to the bank account of a user requesting liquidity in fiat by enabling them to exchange KuBitcoin (KBX) tokens for Fiat on the levy of a Paymnt Processing fee of 2.5%.
TOKENOMICS
KuBitX will issue a fixed supply of 500,000,000 KuBitcoin (KBX) token which are based on the ERC-20 standard. The reason for choosing ERC-20 token are the present familiarity of the market with this standard plus the stability of Ethereum Blockchain.
Token Name : KuBitcoin (KBX)
Token Type : ERC-20
Total Supply : 500,000,000
Price : 1 ETH = 8,909.09 KuBitcoin (KBX)
Currencies Accepted : ETH
Soft Cap : 10,000 ETH
Hard Cap : 25,000 ETH
Pre-Public Rounds Bonus : 20%
Public Round Bonus : 10%
Unsold Tokens : All Burned
TOKEN DISTRIBUTION
15% of team will be released after three months from the end of public round of TGE, 85% of team tokens will be locked for 2 years after which there will be gradual release of the tokens over a period of another 2 years.
FUNDS ALLOCATION
MORE INFORMATION
========================================================================
Created by : 15persenlucky
Profile link : https://bitcointalk.org/index.php?action=profile;u=1210666
ETH address : 0x1997B312D6e9cB863f939f9a7cEa3A36Ec185E69
ETH address : 0x1997B312D6e9cB863f939f9a7cEa3A36Ec185E69
No comments:
Post a Comment