KubitX - Ico Project Review

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.

KuBitX is a revolutionary exchange project which is aimed at doing way more than most exchanges offer today. Already with significant bank partnerships to meet core needs in most emerging markets. The project was conceived and started in Q4 2017 with a team of all round professionals from Dell, Huawei Technologies, PricewaterhouseCoopers (PwC), Google, BP Oil, Amazon Web Services (AWS), MTN etc who have proven track records in their respective fields. The project is at 80% completion with an MVP trade engine that has capacity to do handle over 12 Million+ transactions per second with about 40 nanosecond latency. Our engine is also equipped with strong compliance architecture tools to check all non-complaint activities and thus make us the most preferred and secure exchange in the world.

What is Kubitx

KuBitX is one of the most advanced and reliable platforms for cryptographic currency trading, developed in a very easy to use way, which allows people from all regions and origins to fertilize ideas that revolve around Blockchain and the cryptographic space. Portfolios secured within the KuBitX ecosystem are the mechanisms of KuBitX Trade, secure KuBitX wallets and an extended control panel to regulate activities in Trade Exchange.

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.

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.

Vision and Mission

The ideation process behind KuBitX was undertaken keeping in mind the broader vision to educate, enable and engage people from emerging markets in the cryptocurrency ecosystem.
The broader areas upon which the vision of KuBitX has a focus upon are:

1.Education about Blockchain technology enhancing adoption by masses – KuBitX has come up with a unique initiative called Global Channel Ambassadors to enter, understand and capture local emerging markets.

2.Liquidity improvement – Liquidity is one of the most important pillars of any exchange that exists. Many exchanges today suffer from a liquidity crunch leaving users stranded with their currencies.

3.Robot Security – Security is one of the most crucial pillars surrounding a cryptocurrency exchange. We at KuBitX do take the security of the whole platform very seriously.

4.Financial Inclusion – The emerging markets today especially in Africa and Asia suffer from a large chunk of their population being out of reach of the traditional banking system. Banks become controllers but here the person becomes the controller because P2P transactions are possible through their phones. The philosophy of the Blockchain era is excluding the third party and use P2P transactions.

5.Economic development of the emerging markets – On a macro level, the emerging markets like Africa experience from low GDP rates, high inflation and generally poor economic growth. KuBitX with extensive strategic partnerships with the private and public sector, have designed an institutional investment plugin on the KuBitX engine to enable a higher volume of crypto trading and traditional capital trading functionalities.

Advantages of the KuBitX platform

• High Speed

Our platform is very scalable, ready to take on new functions to improve the experience of our users.

• Blockchain

Our token is initially based on the Ethereum block chain. We plan to start our own chain in the near future, which then will be very useful for many cases, such as the most common problems of social, communal, administrative and managerial activities in developing countries.

• Low Cherges

Our platform brings competitive flat trade fees that will even be cheaper and more convenient using our tokens.

• Secure

We conducted extensive benchmarking with the current platforms, which allowed us to take several steps forward, plus our security team came from the best organizations.

• Ecosystem

As strong believers in equal equal payment ecosystems, we believe that the traditional financial systems will eventually be replaced in part because of the continuous violation of trust, censorship and growing public education.

• Minimum Risk

Our strategy with several signature wallets and cold storage will minimize the impact of our trader's funds. We have combined various strategies to secure financing on our platform.

Kubitx Ico Details:
Ticker: KBX
Token type: ERC20 (Ethereum)
Decimal point: 18
Algorithm: PoS
Total quantity of delivery: 500 000 000
Currencies accepted: ETH
Soft cover: 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 Distribution
2% Bounty and airdrop

3% Consultants

16% Public

20% KUBITX Investment fund

23% Founders and team development

36% Before public distribution of funds

Funds Distribution

5% Partnership

7.5% Legal

12.5% Of the operation

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

Juliana Mwangi
Lead, Finance Team

Victor Akoma-Philips
Co-Founder, Chief Operating Officer

Victor Olorunfemi
Lead Trade and Product Development

Binod Nirvan
Chief Token Strategist and Smart contract professional

Subramanian Venkatesan
Lead, DApp, Smart Contract Developer

Obi Ezenwugo
Lead, Community Management

Ebuka Ezewuzie
Lead, Web & Digital Solutions Architect

Ayokunle Ajayi
Lead, Exchange and Cyber Security

Friday Enemali
Lead, Investor Relations & Global Channel Ambassador

Advisor
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

Conclusions

The project will be successful, as it has highly qualified specialists focused on the result.
its really helping the helpless society.Blockchain is bringing Revolution into everything.Project will be a very huge success. I am very pleased to join this project!

More Information :

Website : https://www.kubitx.io/

Whitepaper : https://www.kubitx.io/wp.pdf

ANN Thread : https://bitcointalk.org/index.php?topic=4628365.0;all

Twitter : https://twitter.com/kubitx

Telegram : https://t.me/kubitx_official

Facebook : https://www.facebook.com/kubitx/

Youtube : https://www.youtube.com/channel/UCm6o0xRXXlrPR0-OqcBwXOA

Author of article:

Bitcointalk Username: edwardxx

Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2034620

ETH WALLET: 0xB33037B01AA8C52Bf91197C7A0d02Ae9d448472b