SOBIT.ONE: THE FIRST EXCHANGE THAT IS A USER-OWNED DIGITAL ASSET.

INTRODUCTION.

After long years of development, the internet has become as a wide and efficient information link that exist around the world.
The creation of Bitcoin, has caused the blockchain to experience a boom over some years, it has also resulted into the growth of digital asset market.
The aim of Sobit is to establish a digital asset trading platform, Sobit has a concept to make every user of the revenue participate, to allow all users create value, users to be able to enjoy the available benefits and to also belong to the community of users.

ABOUT SBT (SBT TOKEN).

SBT happens to be a standing proof of every available rights to the Sobit platform, it has a total amount of 10 billion that has not been added.
The issuing of SBT will be in the primary form of trans-fee mining added with community awards and institutional private placements.

IMPORTANT SYSTEM.

• Shareholding and community autonomy: All users who hold a certain number of SBT in Sobit exchange, based on the ratio of circulating supply, will have corresponding rights of quasi-equity.Quasi-equity: This is a non-legal equity, which does not only enjoy the available right to reciprocal owner’s equity, but they also do not assume legal obligations and responsibilities.

Dividend.

Daily income: This includes every income that includes: listing fee, transaction fee, withdrawal fee as well as advertising fee.
Daily average cost: This includes every day average labour, sites, and server equipment’s and advertising costs.
Users must hold at least 1000 SBT in order to enjoy the dividend.

OBLIGATIONS AND RIGHTS.

Sobit will establish a community for users who have over 20,000 SBT, this is in a bid to exercise their rights and assume their obligations.
(1). Sobit community will release upcoming features, future plans and industry news.
(2). Users have the access to communicate with the executives of Sobit. They can vote for the major decisions that are Sobit related, they can also participate in the new project of Sobit.
(3). Sobit community, on a regular base, will publish the financial statement of Sobit for users to properly supervise.
(4). Sobit users are obliged to keep their internal information on a confidential note.
(5). The holders of SBT can willingly join or leave the community, at the time they please.
(6). In order to join the Sobit community, users have to hold a minimum of 20,000 SBT.
(7). If a user decides to quit the community, the SBT will be unfrozen.
(8). Users are encouraged to join the community, this will make them enjoy every type of quasi-equity rights and also assume the obligation to keep it confidential.

THE COMMUNITY AUTONOMY.

A dedicated community platform will be established, a community reward fund will be established and there will be a related mission system.
Reward will be returned to community developers and other teams and individuals who have made great contribution and impact to the community.• TRANS-FEE MINING.
80% of the transaction fee consumed the previous day will be returned back to users in form of SBT.
The mining of trans-fee is settled once in a day, the billing cycle may be adjusted based on the number of users and server pressure.

ALLOCATION OF SBT.

49% will be for the mining of trans-fee.
5% will be for private sale.
20% will be for the team.
10% will be for partnerships and promotions.
16% will be for community fund.

THE STRENGTHS OF SOBIT.

• It is fast.
• It is safe.
• It is autonomical.

THE ROAD MAP.

• By 08. 2018, the testing trading will begin.
• By 09.2018, there will be a mobile version of internal testing.
• By 10.2018, there will be a formal online edition as well as improve communities.
• By 11.2018, there will be a development of autonomous community platform.
• By 03.2019, an autonomous platform will be published, the establishment of Sobit ecology.

SOURCE

Website
Whitepaper
Twitter
youtube
TelegramAuthored by: geeboy88
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1874835
Eth Address: 0xdcef7d27bbaae609accdaf43ccf41b042beaffb4

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