SOBIT - The First User-owned Exchange Platform
ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.
After my research, I found this project in which I really put my faith: SOBIT. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.
Sobit is a blockchain based project which is aiming to develop a digital asset trading platform. This trading platform is user centric which ensures that the user will create a value and will all reap all the benefits of this decentralized platform. SBT which is Sobit token will be used in this ecosystem. Sobit is the first user-owned digital assets exchange. Featured user shareholding, trans-fee mining and community autonomy, Sobit is committed to establishing a brand new ecological system of blockchain industry. SBT, issued by Sobit, is a proof of all rights to the Sobit platform, with a total amount of 10 billion, no future offering. SBT is the ownership of Sobit exchange. All users holding SBT can not only get 100% dividends from the exchange`s profits, but also exercise their rights according to the SBT ratio they owned. It can make it possible to change or even determine the future development direction of Sobit by users.
FEATURES OF SOBIT
Sobit platform specializes in digital trading and cryptocurrency mining. All processes within the project are fully automated thanks to artificial intelligence. The work of Sobit is based on blockchain technology, which reliably protects the users’ information and money. Moreover, the undoubted advantage of blockchain is the ability to integrate any technology into the project without additional settings. The project launches a news line, where users can track the internal news of the project, as well as learn about the changes in the world of cryptocurrency. The internal chat of the project will allow investors to communicate directly, and for traders - to negotiate additional conditions of transactions within short period of time.
Fast Transactions: Up to 2 milions times per secon ensured an elegant and comfortable trading experience
Highly Safe Platform: The process guarante 95% cold wallet processing of digital asset, multipe audit, offline signature and multipe key co-management to ensure to your funds are safe
Autonomical: User-centric and community centric
Simple To Use Trading Platform With Advance Charting Tools by Tradingview
An Easy To Use User Interface
WHAT MAKES SOBIT UNIQUE
A LIGHTENING-SPEED EXCHANGE:
With a high speed and highly scalable matching engine technology capable of processing up to 2million orders per seconds, SOBIT.ONE exchange will ensure an efficient and effective trading experience devoid of interuption in the event of large order executions , hence, attracting institutional high frequency traders.
Security has been one of the major challenges preventing the growth of crypto markets in recent years. No thanks to incessant attacks to cryptocurrency exchanges since the beginning of the year. These ugly incident have dampened the investment drive of market participants, consequently drying the liquidity pool in the sector. However, having identified the security loopholes in crypto exchanges, SOBIT has designed an optimum level security features including load balancing, Cloud-based DDos firewall, unusual activity alarm trigger, multiple exchange audits, offline wallets coins storage and robust encryption system to protect the both the trader’s funds and trading operations from authorized access.
COMMUNITY BASED EXCHANGE:
While recognising the importance of community, SOBIT built a platform that gives every user the right to make an input in the day-to-day activities of the exchange. Giving participants opportunity to be major stakeholders will encourage them to make excellent decisions that will ensure the development of the exchange.
The core system of Sobit will consist of the following features;
Shareholding Plus Community Autonomy:
The platform gives quasi-equity rights to the users who will hold a number of SBT tokens. Quasi Equity means where a debt has some traits of equity or in other words it is a non-legal equity. The quasi-equity rights include receiving dividends, voting rights, right to know etc.
If a user holds a certain amount of SBT which accounts for 1% value of total circulation then the user will get 1% dividend on the amount of profit made. For example, on a profit of 100 BTC the user will receive 1 BTC.
Rights and Obligations:
The users will get access to the quasi-equity rights depending upon the amount of SBT he/she holds. If the user holds SBT less than 1000 then he can not have access to any rights. If the hold tokens are more than 1,000 and less than 20,000 then the user will get dividend from the platform. The users who hold 20,000+ SBT will enjoy all the quasi-equity rights on the platform.
The platform will develop a reward system where the users, team and developers will be rewarded for contributing on the platform and helping the platform develop.
Sobit exchange platform as adopted a different method of charging transactional fees which is trans-fee mining. In this method the user when pays the transaction fee, gets back the fee amount in the form of platform specific tokens. In Sobit, 80% of the transaction will be reimbursed to the users in the form of SBT. The amount of Trans-fee mining will be reduced based on the total amount of circulating supply.
Token – SBT
Total Supply – 10 Billion SBT
Price – 0.00025 ETH
Soft Cap – $1M USD
Hard Cap – $5M USD
49% of the fund is reserved for Trans-fee mining
20% is allocated for the Team and Advisors
Private Sale amounts to 5%
10% of the fund goes for promotion and partnership
16% is reserved for the community
Sobit platform acquired Onemice's institutional private sale qualification and the 1MICE Token will be sold to platform users at private sale price. 1MICE Token will be listed on multiple exchanges in early October.
Participate in the private sale: https://sobit.one/#/mice
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
All profits on the platform are 100% allocated to SBT holders. More SBT you hold, More profit you earn. Obviously, users will get more dividend when platform getting stronger and everyone in the community will make efforts to benefit the platform. Be a part of this tremendous project and follow these links for more information;
SBT Website: https://sobit.one
Official Announcement: https://sobit.zendesk.com/hc/en-us
Telegram group: https://t.me/sobitExchange