KITTOKEN - The User Driven Cryptocurrency of the Future - Utility, Organic Growth, Sharing

PRESENTATION

A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.

While this revolution is gaining wide acceptance, KitToken, a self-managing financial system with P2P transaction based on open source platform called KitPay has arrived.

Before I take you on this voyage, please check out this video presentation

Now that I have your attention, let’s get right to it.

What exactly is KITTOKEN?

KitToken is a self-managing financial system with P2P transaction based on open source platform called KitPay. KitToken as “Organic Growth Profit-Sharing Utility”, is committed to develop a financial ecosystem based on blockchain technology. KitToken utilizes value transfer protocol to achieve the transfer of payments from one person to another on peer to peer basis. It also aims at building a decentralized platform for achieving faster and quicker transaction rates. Current payment systems are having a lot of drawbacks that needs to be updated and hence KitToken make way for innovative digital mobile payments.

Furthermore, the global trend of the financial ecosystem has moved to a stage where blockchain technology has taken the penultimate position as a driver. The current scenario of emerging innovative technology, such as blockchain technology, advances in computer technology, efficient, fast, secure, reliable and low-cost transfer of funds, as well as the use of crypto- money by the masses. KITToken is subject to the development of a sustainable and stable financial ecosystem based on the blockchain. It uses a value transfer protocol to transfer payments from one person to another. in peer to peer. It also aims to create a decentralized platform to accelerate and accelerate cross-border transactions. It also uses the world's most powerful security systems to ensure its financial ecosystem is fast and secure.

KitToken is officially registered with the Malaysian government;

KitToken will trade on an SEC-compliant exchange where you can buy and sell them for profit;

KitToken can be used with existing point programs;

KitToken can be exchanged for cryptocurrencies and cash;

KitToken can also be exchanged for merchandise.

THE PROBLEM

The payment processing industry is the largest target of hackers and phishers. Billions are lost each year because most of the existing financial systems are reliant on database reliant systems security that can be breached by brute force attacks. Millions of people lose money or their sensitive information is exposed to identity theft due to the inefficient system. Additionally transaction fee issue has also been looked into in facilitating the usability of secured digital payment system for the common people on the street.

THE SOLUTION

KitToken seeks to provide a sustainable financial ecosystem that is based on blockchain technology. The platform will use value transfer protocols to facilitate the transfer of payments from peer-to-peer, customer-to-business and business-to-business. The ecosystem will provide the financial industry with features like:

Secure and definite environment

Connects merchants and individuals

Low fees,fast and reliable transactions

Sharing of profit among holders

Strong asset backed business activities

Self-governing technology and global remittance

Secure payment transfers – Unlike the current payment and remittance options that exist, KitToken will be more secure because it is based on blockchain technology. It will be impossible for hackers and phishers to breach the blockchain especially since it is using advanced hash functions that make it safe from Sybil and other network-based attacks. This makes any transactions secure.

Fast global transactions – Making a transfer across the globe is quite slow due to the issues of clearance and settlement of payments. KitToken will provide an alternative that makes the transfer of payments anywhere around the world happen in real-time. This will be beneficial especially for e-commerce and drop shipping transactions that rely on fast transfers.

Low transaction costs – Many of the existing payment transfer methods require high transfer fees. Most of them charge 10-20 percent in transfer costs. This is too high especially considering the unsecured nature of these transactions. KitTokens will charge a fraction of the transaction costs making it more affordable for vendors and merchants.

Sharing of profit among holders – KitToken also provides additional benefits by sharing the profits made from the transactions with token holders. Regular airdrops will be made to those holding KitTokens. This provides a passive income opportunity that requires no skills or investment.

Reputable and compliant – KitToken is a cryptocurrency that will be trading on an SEC-Compliant exchange and it is also officially registered with the Malaysian government. This gives it a legitimacy that most other cryptocurrencies do not have. It will also adhere to any new regulations by the SEC or the MAS.

KitToken developers have been working hard for the past few months to ensure that it is easy to integrate the KitToken payment system on any merchant’s e-commerce store. Additionally, mobile applications will be launched to make it easy for users who are not skilled in dealing with cryptocurrencies to make transactions easily.

KitToken Strategies

Build the gap between the trader and the users

Create a community of merchants and users including suppliers of goods and services, medical services, air travel and hospitality, as well as educational services to accept KitToken as a payment method worth $ 1.5 trillion.

Awareness and recruitment

Create and promote awareness among KitToken holders through dropping and incentive measures. Recruit 1 million KitToken regional holders and facilitate a $ 2.5 trillion peer money transfer

Benefits and extension of the network

Create unique high value projects that will contribute to an annual gain of 3-5% for kittens owners. To expand the network of users through a branding strategy and aggressive promotion

Kittoken Benefits

Current state of cash

Money remains the dominant force in any economy. It will have a change at any time. And this paved the way for the existence of an update and a new version of the payment method, the kitpay method.

Need for KitPay

In the future, Kitpay's technology may enable better development of financial transactions to meet the demand for new currencies. It allows faster, faster and more secure payments

Cryptography Regulation

Asian regional countries are embracing convergence to an era of digital currency disruption where most countries are developing regulatory guidelines to use cryptocurrency as a method of payment.

Cryptography Regulation

Asian regional countries are embracing convergence to an era of digital currency disruption where most countries are developing regulatory guidelines to use cryptocurrency as a method of payment.

How does KitPay Work?

KitPay works as centralized server within a decentralized blockchain infrastructure in a connected to network. KitPay will allow users to own a wallet which stores, transfer and trade KitToken in daily conventional economic activities. KitToken holders benefit from convenient utilization and appreciation of KitToken value. Ultimately, via a Point of Stake (POS) Scheme, KitToken holders receive profit sharing from KitToken business activities.

TOKEN AND ICO DETAILS

KitToken and KitPay is engendered on Ethereum blockchain (an ERC20 Token) and running on the fundamental Ethereum hub.

Token Details

Token name: KitToken

Symbol: KIT

Decimal: 18

Cost per token: $0.05

Total Supply: 8 Billion

For Reserve: 2.5 Billion

For sale: 3.5 Billion

Airdrop+Bonuses : 2 Billion

ICO and Pre-sale information

Early Bird sale event : 20th to 25th July (Bonus 70%)

26th to 31st July(Bonus 50%)

ICO sale : 1st phase -August 1st to 10th (Bonus 30%)

2nd phase-August 11th to 20th

Do not miss out in this credible investment opportunity, please visit thier website: https://kittoken.net for more token sale details eg contract address.

Token Distribution

WHY YOU SHOULD CHOOSE KITTOKEN?

ROADMAP

2017

JULY 2017

Concept design

Research on cryptocurrency market and transfer medium between ASEAN countries

OCTOBER 2017

Technical specifications and survey on users experience on money transfer

Approach travel agencies regarding new,cheap and reliable payment method

DECEMBER 2017

Building network among corporate and cryptocurrency network

Approach financial and technical partners

Constructing human resource requirement for operational purposes

Q1&2 of 2018

JANUARY 2018

Finalizing necessary financial procedure with local and international bodies

FEBRUARY 2018

Development of KIT token website and wallet

Establishment of Technical partners

APRIL 2018

Establishing KitToken alpha platform and whitepaper preparation

JULY 2018

World crypto asset blockchain alliance ASIA summit on July 7th,2018

Kit Token airdrops and establishment in all possible social media

Launch of KitToken pre-sale on July 20,2018

Q2&3 of 2018

AUGUST 2018

Launching of KitToken ICO

1st — 10th — I phase of ICO (30% Bonus)

11th — 20th — II phase of ICO ( 20% Bonus)

SEPTEMBER 2018

Launching of KitPay web wallet and mobile apps Version 1.0

OCTOBER 2018

Business development and strengthening of partnerships

Exposing KitToken actively through international forum

2019 and 2020

Q1

Launching KitToken.Inc travel and tour project

Partnership with local and international bank

Listing on major exchange

Q2

Launching KitToken Neurosciences Project

Listing on major exchange

Q3

Launching KitToken Petroleum Bunkering Project

Listing on another big exchange

2020

Launching More mega projects in future

Listing on nearly 25 big exchanges

Be a part of this incredible project. Download the whitepaper for the full scoop.

Till next time…

For more information, please visit:

Website: https://kittoken.net

WhitePaper: https://img1.wsimg.com/blobby/go/030bdbd0-d698-4aa3-ba4d-d2bc680f2ec9/downloads/1chf5j90p_313571.pdf

Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4557979.msg41057899#msg41057899

Twitter: https://twitter.com/TokenKit

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

Medium: https://medium.com/@kittoken.official

Author: TheMichaelMatch

My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035

Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.