WHAT IS KUBITX?
KuBitX is one of the most sophisticated and robust cryptocurrency trading platforms designed in a user-friendly way to allow people from all regions and backgrounds to get a bulwark of ideas around Blockchain and cryptocurrency spaces
MARKET AND INDUSTRY INFORMATION
Market and industry information and forecasts have been obtained from internal surveys, reports and studies, where appropriate, as well as market research, publicly available information and industry publications. Such general surveys, ports, studies, market research, public information and public publications state that information containing has been obtained from sources believed to be reliable, but there is no guarantee for such accuracy or completeness including information.
While KuBitX has taken reasonable steps to ensure that information is accurately extracted and in an appropriate context, KuBitX has not undertaken an independent review of information extracted from third party sources, verifies the accuracy or completeness of the information or ensures an underlying economic assumption inside it. As a result, neither KuBitX nor its directors, executive officers and employees acting on their behalf make any representations or warranties for the accuracy or completeness of such information and are not obliged to provide any updates to the same.
ABSTRACT
KuBitX is one of the most sophisticated and powerful trading platforms of cryptocurrency, signing to embrace the idea of ”Simplicity” and “Accessibility,” empowering and educating people from all walks of life to embrace the Blockchain technological revolution and invest in cryptocurrency.
Included in the KuBitX ecosystem are KuBitX Trading machines, secured KuBitX wallets, and advanced Admin dashboards for regulated lating activities within Trade Exchange. By targeting the high potential of untapped Demographics for their inclusion in the Cryptocurrency market, our goal is to become one of the most diverse cryptocurrency markets for buyers and sellers.
We aim to achieve this by developing a strong trading engine, providing regular banking services through our Financial Service Providers and initiating Ambassador programs to spread awareness and adoption.
The KuBitX team consists of a group of highly talented and experienced professionals with significant work experience from Fortune 500 companies and “BIG FOUR” consulting firms that have identified “Inclusion” and “Adoption” as growth for any Cryptocurrency currency market.
As a result of many brainstorming and ideating sessions, the team was able to generate unique ideas such as building the Financial Services feature in addition to making the process of recording coins comfortable in terms of time and cost.
To create a harmonious ecosystem in exchange, the KuBitcoin token (KBX) is used for payment of fees in exchange operations and is also integrated into an integrated banking process with exchange to allow users to get bad service within a short span of time. A user-friendly view of exchange will also enable it to promote adoption.
The money transfer process also gives us the potential to target a good user base and thereby assist in improving the liquidity of the exchange.
The KuBitX ecosystem will effectively become one of the most comprehensive and suitable solutions for traders, partnering with the best trade engine experts with extensive industry experience.
Our platform will redefine how exchanges operate and attract more traders through our product offerings, we will expand our reach by encouraging greater market liquidity and thereby contributing to overall growth.
VISION AND MISSION KuBitX
The process of ideation behind KuBitX is done keeping in mind the broader vision to educate, enable and involve people from emerging markets in the cryptocurrency ecosystem.
The development of technology that has been formed since the dawn of the Internet Age has been topdown, that is, from developed countries to developing countries.
It has created a loophole in the whole development process that is so enthralling that people from emerging markets follow in the footsteps of development rather than being
active contributors in shaping process.
KuBitX aims to leverage emerging technologies to advance in our vision and mission.
The broader areas in which KuBitX’s vision has a focus are:
1. KuBitX has emerged with a unique initiative called Global Channel Ambassadors to enter, understand, and capture emerging markets. We aim to overcome the socio-economic barriers to adoption. The KuBitX Global Ambassador initiative will reach grassroots to encourage local adoption.
2. Increased liquidity
Liquidity is one of the most important pillars of any exchange. Many of today’s bourses are experiencing a liquidity crunch of users stranded with their currency. To address this, we plan to involve the maker’s market to build a sustainable volume on the exchange, reduce transaction costs and simplify the complete process. To avoid the washing trade, we have Anti Market Manipulation Tool (AMM) on the platform. Market supervision, supervision and compliance are being studied very carefully. Admin may choose to suspend accounts associated with suspicious trading.
3. Strong Security
Security is one of the most important pillars around the currency exchange cryptocurrency. We at KuBitX really take the security of the whole platform seriously. With this, we not only develop our own exchange system safely but also plan to make users aware of the various scams and hacking that occur in the market. Here are the security measures taken by the team:
• We store the password hash and not the original password on our server.
• All user data is encrypted using AES-256 before entering data.
• KuBitX has designed a special security architecture to ensure the encryption key is stored very well.
• Secure a cool wallet multi-signature / dome system.
• Our system is fully compliant with GDPR.
• KuBitX has developed code verification and third-party penetration testing functions.
4. Financial Inclusion
The current emerging markets especially in Africa and Asia suffer most of their population is beyond the traditional reach of the banking system. The bank becomes the controller but here the person becomes the controller because P2P transactions are made possible through their phone.
Philosophy of the Blockchain era does not include third parties and uses P2P transactions. Africa has a large number of people who do not have bank accounts, so KuBitX will educate people how to make use of Blockchain’s philosophy to increase financial inclusion.
5. Developing emerging market economies
At the macro level, emerging markets such as Africa experience low GDP levels, high inflation and generally poor economic growth. KuBitX with a broad strategic partnership with the private and public sectors, has designed institutional plugin investments on KuBitX machines to enable higher trading volume of crypto and traditional capital trading functions. For example, Zimbabwe uses legitimate means of payment that are not native to their country, creating a negative impact on all aspects of their economy. KuBitX creates opportunities for the digital economy that allows each country to run its own economy and provide opportunities to play in global markets.
MINIMIZED RISK
Our multi-signature portfolio and cold storage strategy will minimize the exposure of our operator’s funds. We have combined different strategies to secure the funds traded on our platform.
ABOUT KBX TOKEN
Ticker: KBX
Token type: ERC20 (Ethereum)
Decimal: 18
Category / Algorithm: PoS
Total amount: 500,000,000
Currencies accepted: ETH
Flexible cap: 10,000 ETH
Hard Cap: 25,000 ETH
TGE Details
Round of seeds: In progress. Ends July 16, 2018.
Pre-Public Round: from July 16th to August 31st 2018
Public tour: to be confirmed
ROUND TGE DETAILS
TGE BATCH
ROUND PRE-PUBLIC
MINIMUM ENTRY
25 ETH
PRICE BY KBX 0.0001122 ETH
BONUS 20%
TGE BATCH
PUBLIC ROUND
MINIMUM INPUT 0.25 ETH
PRICE BY KBX TBC
BONUS TBC
ALLOCATION OF TOKENS AND DISTRIBUTION OF FUNDS
ROADMAP
Q4 2017
PROJECT LAUNCH
PROJECT FEASIBILITY STUDY
BENCHMARKING
Q1-Q2 2018
PROJECT COMMITMENT
STRUCTURE OF THE TEAM
LEGAL PROCESS OF INCORPORATION IN MALTA
CREATION OF WHITE PAPER (FIRST PROJECT: BUSINESS)
ANGEL / SEED INVESTOR COMMITMENTS
Q3 2018
PROJECT EXECUTION
LAUNCH OF KUBITX CANAL AMBASSADORS (COUNTRY PHARE)
PROTOTYPE
BEGINNING OF TGE’S PRE-PUBLIC ROUND
SOFT EXCHANGE (BETA) LAUNCH
Q3-Q4 2018
PROJECT EXECUTION (CONTD.)
PHASE 1: INTEGRATING FINANCIAL SERVICES WITH KUBITX
END OF THE PRE-PUBLIC ROUND
GO-LIVE EXCHANGE
ROUND PUBLIC BY TGE
GLOBAL PROMOTIONS
Q1-Q4 2019/2020
ADDING PROJECTS
KUBITCHAIN – KUBITX EXCHANGE NOW ON BLOCKCHAIN KUBITX
REDESIGN PLATFORM
CONTINUOUS IMPROVEMENT
Conclusion
Is this company a good investment for you? If you believe in the power of artificial intelligence, yes. The developers of KubitX are confident that they will be able to achieve some success in this segment. AI will likely increase much in the future, as well as the cost of this company and its token.
KubitX can be a good long-term investment for you, because it is likely that this company will offer a good return on investment, but in the future. If you have enough patience, it would be nice to invest in this company.
Here are the reviews I present to you all in finding information and knowing the KubitX project currently being run by their team, if there is any lack of explaining this article, do not worry, I have set up a link for you to get accurate information. . . information and of course you will be able to speak directly with their founder or team, at the link.
For more information and to join KubitX’s social media today, please follow these resources:
Website: http://www.kubitx.io/
Whitepaper: https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf
JN Thread: https://bitcointalk.org/index.php?topic=4628365
Bounty: https://bitcointalk.org/index.php?topic=4632164.0
Telegram: https://t.me/kubitx_official
Facebook: https://www.facebook.com/kubitx/
Twitter: https://www.facebook.com/kubitx/
Media: https://www.facebook.com/kubitx/
Reddit: https://www.reddit.com/r/KubitX/
My Bitcointalk (Arumi.Bilqis) : https://bitcointalk.org/index.php?action=profile;u=965668
ETH Address : 0xADd9Ec477106F9165c6dad1803e2EfEb518240dB
Arumi.Bilqis 