WHAT IS THE CONCEPT?
We aim to offer a one-stop platform for our users. Many countries and citizens have been left behind in this new revolution called blockchain we will connect those dots and offer an excellent service using the top global organisations best practice.
WHAT IS KUBITX?
ADVANCED PLATFORM
KuBitX is one of the most advanced and robust cryptocurrency trading platforms designed in a very user-friendly manner to enable people from all regions and backgrounds get a stronghold of the ideas revolving around the Blockchain and the cryptocurrency space. It is built to transact at 12 million transactions per second. Avoiding exchange crashing, creating more to trade at faster speed.
SECURED WALLETS
Contained within the KuBitX ecosystem are the KuBitX Trade engines, the secure KuBitX wallets, and an advanced Admin dashboard for regulating the activities within the Trade Exchange.
FOR BUYERS AND SELLERS
By targeting even the remotest people for their inclusion in the cryptocurrency market, our goal is to become one of the most diverse cryptocurrency marketplaces for buyers and sellers worldwide.
EDUCATION
Emerging markets need more awareness on cryptocurrencies. KubitX education focus will drive more literacy levels in emerging markets with on the ground seminars and workshops. Currently in Africa, only 4% of the continent is engaged in Crypto. KubitX focuses on heavy education campaigns that will infiltrate emerging markets. There are 10 big emerging markets and economies in the world.
LANGUAGE DIVERSIFICATION
KubitX has identified that language barriers becomes issue for customer support, as a result – poor customer support ratings happen. At KubitX, our global channel ambassador program will ensure that we have local dialect presence in each country so that customer support experience can be heightened and turn around time can be faster for responses.
FASTER TRANSACTIONS PER SECOND (TPS) SPEED
KubitX competes with global rivals with current exchanges doing about 1.4 million transactions per second. KubitX is built to trasact at 12 million transactions per second. Avoiding exchange crashing, creating more to trade at faster speed.
HOW KUBITX WILL BENEFIT YOU?
HIGH SCALABILITY
Our platform is highly scalable, ready to accept new features to improve our users trading experience.
SECURE
We have made an extensive benchmarking with the current platforms, which allowed us to take few steps ahead, plus our security team comes from top organisations.
BLOCKCHAIN
Our token is initially based on the Ethereum blockchain. We plan to launch our own chain in the near future which will then be very useful to many cases such as the most common social, utility, administration, and governance problems in developing countries.
ECOSYSTEM
As strong believers in peer to peer payment ecosystems, we believe that traditional financial systems will eventually be replaced partly due to continuous broken trust, censorship and a growing enlightenment of the populace.
LOW FEES
Our fees are the lowest around, it is even lower when you choose to use our native token the KBX for fees payment. Trading fee on KuBitX exchange is 0.05%, however, the users opting to use KuBitcoin(KBX) tokens as a method of payment of trading fee will get a discount of 25% compared to the original trading charges.
– Trading fee = 0.05%
– Trading fee using KBX token= 0.0375%
MINIMIZED RISK
Our multi-signature wallet and cold storage strategy will minimize the exposure of our trader’s funds. We have combined various strategies to secure the funds traded on our platform.
ABOUT KBX TOKEN
Ticker: KBX
Token Type: ERC20 (Ethereum)
Decimal: 18
Total Supply: 500,000,000
Currencies Accepted: ETH
Soft Cap: 10.000 ETH
Hard Cap: 25.000 ETH
TGE Details: Seed Round: Ongoing. Ends 16 July, 2018.
Pre-Public Round: 16 July – 31 August, 2018 Public Round: TBC
TOKEN ALLOCATION
2% BOUNTY & AIRDROP
3% BOARD ADVISORS
16% PUBLIC ROUND
20% KUBITX INVESTMENT FUND
23% FOUNDERS & CORE TEAM
36% PRE-PUBLIC ROUND
FUNDS DISTRIBUTION
5% PARTNERSHIPS
7.5% LEGAL
12.5% OPERATIONS
15% TECHNOLOGY
15% PROMOTION/MARKETING
15% RESERVES
30% LIQUIDITY
ROADMAP
Q4 2017
PROJECT INITIATION
PROJECT FEASIBILITY STUDY
BENCHMARKING
Q1-Q2 2018
PROJECT ENGAGEMENT
TEAM STRUCTURING
LEGAL PROCESS FOR INCORPORATION IN MALTA
WHITEPAPER CREATION (FIRST DRAFT: BUSINESS)
ANGEL/SEED INVESTOR ENGAGEMENTS
Q3 2018
PROJECT EXECUTION
LAUNCH OF KUBITX CHANNELS AMBASSADORS (FLAGSHIP COUNTRIES)
PROTOTYPE
START OF PRE-PUBLIC ROUND OF TGE
EXCHANGE SOFT (BETA) LAUNCH
Q3-Q4 2018
PROJECT EXECUTION (CONTD.)
PHASE 1: FINANCIAL SERVICES INTEGRATION WITH KUBITX
END OF PRE-PUBLIC ROUND
EXCHANGE GO-LIVE
PUBLIC ROUND OF TGE
GLOBAL PROMOTIONS
Q1-Q4 2019/2020
PROJECT ADD-ONS
KUBITCHAIN – KUBITX EXCHANGE NOW ON KUBITX BLOCKCHAIN
PLATFORM REDESIGN
CONTINUOUS IMPROVEMENT
TEAM
Eric Annan: Co-Founder, CEO
Peihan You: Chief Strategic Officer
Amadeu Alexandre: Co-Founder, Lead IT Operations
Victor Akoma-Philips – COO, Co-Founder.
Juliana Mwangi: Lead, Finance Team
Victor Olorunfemi: Lead Trade and Product Development
Shireen Ramjoo: Chief Marketing Officer
Binod Nirvan: Chief Token Strategist and Smart contract professional
Subramanian Venkatesan: Lead, DApp, Smart Contract Developer
Obi Ezenwugo: Lead, Community Management
Charles Meruwoma: Lead, Infrastructure and Capacity management
Ebuka Ezewuzie: Lead, Web & Digital Solutions Architect
Ayokunle Ajayi: Lead, Exchange and Cyber Security
Friday Enemali: Lead, Investor Relations & Global Channel Ambassador
Zulekha Cara: Lead, Global Channel Ambassadors Initiative
ADVISORS
Domenic Thomas
CEO, Worbli (FSP-Financial Services Platform division)
Raj Ravindran PhD
Capital Markets and Trade Advisor
Jonathan Giovanni PhD
Legal Advisor, Malta
Richard Gardner
Exchange & Security Advisor
Leo Fiadzinu
Blockchain & Trade Advisor
Grant Gulovsen
Legal Advisor, Americas
Jack Zhou
Online Engagement Advisor
Alakanani Itireleng
Blockchain Awareness and Education Advisor
Ugo Nduaguba
Strategic Advisor
MORE INFORMATION :
Website : https://www.kubitx.io/
Whitepaper : https://www.kubitx.io/wp.pdf
Twitter : https://twitter.com/kubitx
Telegram : https://t.me/kubitx_official
Facebook : https://www.facebook.com/kubitx/
By:betawiarab
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