We are on boarding members who are interesting in becoming ambassadors from all regions of Africa and also outside Africa, if you are interested, please reach out to our Lead, Ambassador initiative in the community.

Please see our product roadmap on this post https://bitcointalk.org/index.php?topic=4628365.msg47736926#msg47736926

If you are a merchant and you want to work with us, please send a mail to business@kubitx.io so we can understand what you do and how our platform can support you

It is worthy of note that our token the KBX is a utility token. Apart from the trading fees which traders may prefer to pay with KBX token to get cheaper trading fees, we have other use cases for KBX.

Remittances
Foreign immigrant workers from developing countries send a lot of  funds back to their home country with a view to help alleviate poverty conditions. As at 2016, US$ 442 billion was sent to developing countries through remittances alone. KuBitX can successfully capture even a small portion of the market (which will be easy through our strategic partnerships and the benefits the blockchain will have over existing options) this we will achieve using the KBX token.

Trade payments
KuBitX will provide the opportunity for intra African trade payments to occur at a cheaper rate and faster using the KBX token, this will also increase the utility of the KBX token and increasing the upside potential for our funders.

Payment for goods and services
KBX token will also be used for payment of goods and services for over 3000 merchants on our partners platform in Nigeria, which we have already acquired the APIs to connect to.

ETC.

Please check our product road map to see what we are offering https://kubitx.io/ProductRoadmap.pdf

Education is key for the adoption of cryptocurrency in our target market so we have the ambassadors initiative to enable us to reach the grassroots, using education to drive adoption of this new technology in those regions.
Africa for example, is with a population of 1.2 billion, more than 60% of these people are unbanked. However more than 60% of this population has access to mobile telephony. We have also seen that some African countries rank among the most traders of cryptocurrencies in other exchanges, despite the fact that a few percentage of the population are aware of cryptocurrency, so we believe that coming out with an exchange that will not only give more Africans the opportunity to trade cryptocurrencies, but also provide them with other financial services to address the peculiar issue we have in Africa which we will use education to drive the adoption of will be a successful venture for us and our funders, so the upside potential is huge.

There is whitelist for participation Please read below post.

Whitelisting
To be guaranteed of a slot during the Public Round, users must be whitelisted.
Whitelisting is open on our website https://kubitx.io (it is better to get a referral link from someone who already has one, when on the site, just click "JOIN TO CONTRIBUTE")


How to earn more KBX
Each member who creates account on the TGE dashboard receives a unique referral link which he can share with friends and family.
Remember to ask for a referral link from a registered participant to be able to get extra bonus.

Any member whose referral link is used by a referral to sign up and contribute to the TGE receives a bonus of 5% of the value of the contribution their referral makes.

Any new member who signs up and contributes to the TGE using a referral link receives a bonus of 3% of the value of their contribution for signing up using a referral link. (This is in addition to the bonus of the TGE Round they are participating in).

There is no limit to the number of people you can refer and there is no limit to the amount of KBX you can earn through your referral link.

The more people sign up through your link and contribute, the more KBX bonus you will earn.

In preparation for our Public Round which is starting on the 20th November to 19th December 2018, we have done some upgrade our Landing page to give our visitors more appealing look of our homepage.

We will soon publish the guide for participating in the Public Round. Please visit out site and join the whitelist to secure your slot by clicking "JOIN TO CONTRIBUTE" https://kubitx.io

We have also released out product roadmap, please follow the link to see the details https://kubitx.io/ProductRoadmap.pdf.
We are committed to meeting the desire of our esteemed community of supporter.

KUBITX REFERRAL PROGRAM

In order to encourage our community to participate more in our project, we have activated our referral program to reward those who will help us to spread the word about our project.

Each member who creates account on the TGE dashboard receives a unique referral link which he can share with friends and family.

Any member whose referral link is used by a referral to sign up and contribute to the TGE receives a bonus of 5% of the value of the contribution their referral makes.
 
Any new member who signs up and contributes to the TGE using a referral link receives a bonus of 3% of the value of their contribution for signing up using a referral link. (This is in addition to the bonus of the TGE Round they are participating in).

The referral link will be used during the Token Generation Event, both for Pre-Public and Public Rounds.
There is no limit to the number of people you can refer and there is no limit to the amount of KBX you can earn through your referral link.

The more people sign up through your link and contribute, the more KBX you will earn.

We have put a guide together to ensure that our community understands the process of the TGE.
Please follow the process to participate in our TGE.
https://medium.com/@kubitx/kbx-token-generation-event-a-comprehensive-guide-250ae7e3e656

You can check the Whitepaper page 22 where it talks about the token distribution, it is also stated that team token is locked for 2 years.

bonus token from the seed round is locked for 6 months, also team token is locked as stated in the whitepaper.

Please see this response https://bitcointalk.org/index.php?topic=4628365.msg42806352#msg42806352

KuBitX is incorporated in Malta, however, most of the founding members are Africans and others from various parts of the globe with strong professional background and influential organizational abilities with fortune 500 companies and big 4s.
Motivation behind Malta, the Blockchain Technology which is the underlying technology of cryptocurrency is still new and most African countries have not initiated or instituted legal framework to make businesses on Blockchain work with clear order to shield the users, funding partners and stakeholders. In order not to sit tight for a really long time, the team had to sought for the most conducive clime to domicile the company where we will be compliant with law of commitment, Malta turned into the decision because of clear lawful system controlling setting up of Blockchain based organizations. We will work comprehensively with massive education to enable African decision makers comprehend and get the required administrative structure for easy operations of this unique business model.

Please take a look at the whitepaper https://kubitx.io/wp.pdf check page 22

Distribution will be after the TGE and upon passing the KYC.

Thank you for the review, well written

KuBitX has identified and reviewed the industry best practices in terms of security measures and designed our platform to include top level security features to safeguard both the client’s funds and trading operations from hostile penetration attempts.
Some of the key security features include:
- Multi-Factor authentication
- All user data at rest are encrypted using the very strong encryption algorithm
- Secure cold storage with cold wallet management Cryptocurrency Security Standard (CCSS)
- KuBitX has developed a third-party code verification
- GDPR compliant.
- OWASP Top 10 Compliant & More.
- Anti DDoS Protection
- Web Application Firewall
- Robust user’s account security
- Defense in Depth Security for the platform
etc.
And other KuBitX customized security measures

Please check this write up showing how important security is for an exchange

KUBITX CARES ABOUT YOUR SECURITY!
Check the medium post
https://medium.com/@kubitx/kubitx-cares-about-your-security-5272078c694d

We have put a guide together to ensure that our community understands the process of the TGE.
Please follow the process to participate in our TGE.

https://medium.com/@kubitx/kbx-token-generation-event-a-comprehensive-guide-250ae7e3e656

Our trade engine is built already and is undergoing the internal acceptance test
The exchange is planned to be launched as follows;
Exchange Beta Launch:  - August 6th, 2018

Main Exchange Launch:  - September 10th, 2018

KuBitX will have a seamless listing procedure and will list as many credible coins as possible as we progress. The exchange can accommodate over 680 Cryptocurrencies at the moment technically and can be increased to more than 1,500 within a short time. We have our strategy for an incremental approach to listing cryptocurrency. At the end of the day our listing strategies is a function of the market terrain and other community driven need, details of this will be made known. Coin listings are not announced until the required verification is done and a deal is signed with the coin owner(s).

At the beginning of this thread, our links are there, but you can have it here as well https://t.me/kubitx_official

Hello, Please you may want to read this response https://bitcointalk.org/index.php?topic=4628365.msg41827866#msg41827866