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Author Topic: [ANN][ICO] KUBITX - Cryptocurrency Exchange & Trading Platform  (Read 33734 times)
MaZeeCM
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August 22, 2018, 11:22:06 PM
 #1001

▲Thank you▲

KUBITX GLOBAL CHANNEL AMBASSADORS: WHO ARE THEY?

A core part of KuBitX vision is to educate, enable and engage people from emerging markets in the Blockchain and cryptocurrency ecosystem. Asides costs, traditional adverts, social media or digital marketing has proven to be largely ineffective for reaching the developing countries that still have a considerable percentage of their citizens unbanked. To that end, KuBitx has introduced a unique initiative called the Global Channel Ambassadors (GCA) to help spread awareness, inclusion and adoption.


The Ambassadors are only operating in the area of emerging markets or worldwide?

We aim to begin our journey by reaching out to people in the flagship countries of South Africa, Nigeria, Zimbabwe, Kenya, Ghana, Angola and Uganda aiming to reach a market share of 1-10 million users in the first three years of operation. Coming up with a unique initiative called Global Channel Ambassadors to enter, understand and capture local emerging markets. We aim to tackle the socio-economic hindrances to adoption. The KuBitX Global Ambassador Initiative will reach the grassroots to drive local adoption.
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DOBARLOSZAO
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August 23, 2018, 05:02:21 AM
 #1002



The Ambassadors are only operating in the area of emerging markets or worldwide?
[/quote]

We aim to begin our journey by reaching out to people in the flagship countries of South Africa, Nigeria, Zimbabwe, Kenya, Ghana, Angola and Uganda aiming to reach a market share of 1-10 million users in the first three years of operation. Coming up with a unique initiative called Global Channel Ambassadors to enter, understand and capture local emerging markets. We aim to tackle the socio-economic hindrances to adoption. The KuBitX Global Ambassador Initiative will reach the grassroots to drive local adoption.
[/quote]

Considering the great potential, for start is enough to focus on the local market of South Africa.
onebtcforlife
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August 23, 2018, 06:00:15 AM
 #1003

Whats the total amount of the tokens that will be minted?So i mean tokens that will be for sale,for team,advisors,marketing etc..

Have you ever visit https://www.kubitx.io/ at least once?
the answer of your question is there , just need to scroll down a little bit.
Total Supply : 500,000,000
2% Bounty & Airdrop
3% Board Advisors
16% Public round
20% KuBitX Investment Fund
23% Founders & Core Team
36% Pre-Public Round

Yes, they have given a lot of fund for the founders and Core team, but they are collecting our money from the investors and giving very less percentage to them and at least give some higher percentage and how long the Founders and Core team will hold the coins.
Krankee-
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August 23, 2018, 06:25:51 AM
 #1004

We aim to begin our journey by reaching out to people in the flagship countries of South Africa, Nigeria, Zimbabwe, Kenya, Ghana, Angola and Uganda aiming to reach a market share of 1-10 million users in the first three years of operation. Coming up with a unique initiative called Global Channel Ambassadors to enter, understand and capture local emerging markets. We aim to tackle the socio-economic hindrances to adoption. The KuBitX Global Ambassador Initiative will reach the grassroots to drive local adoption.

Ok, thanks for the clarification.
So, only African emerging markets... Good to know. Smiley
Pixote
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August 23, 2018, 06:50:15 AM
 #1005

The project looks interesting with a global ambition and an experienced team backing the project. When will the demo version available to test the platform,i would really like to try it out!
HuaGwei
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August 23, 2018, 07:08:46 AM
 #1006

Whats the total amount of the tokens that will be minted?So i mean tokens that will be for sale,for team,advisors,marketing etc..

Have you ever visit https://www.kubitx.io/ at least once?
the answer of your question is there , just need to scroll down a little bit.
Total Supply : 500,000,000
2% Bounty & Airdrop
3% Board Advisors
16% Public round
20% KuBitX Investment Fund
23% Founders & Core Team
36% Pre-Public Round

Yes, they have given a lot of fund for the founders and Core team, but they are collecting our money from the investors and giving very less percentage to them and at least give some higher percentage and how long the Founders and Core team will hold the coins.

Im sure that team tokens will be locked for longer period of time,atleast 1 year should be minimum.
Kryptoking21
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August 23, 2018, 07:28:40 AM
 #1007

I see that 20% KuBitX  tokens will be allocated for Investment Fund.Can you tell us more about it?
Shun8639
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August 23, 2018, 07:39:49 AM
 #1008

Whats the total amount of the tokens that will be minted?So i mean tokens that will be for sale,for team,advisors,marketing etc..

Have you ever visit https://www.kubitx.io/ at least once?
the answer of your question is there , just need to scroll down a little bit.
Total Supply : 500,000,000
2% Bounty & Airdrop
3% Board Advisors
16% Public round
20% KuBitX Investment Fund
23% Founders & Core Team
36% Pre-Public Round

Yes, they have given a lot of fund for the founders and Core team, but they are collecting our money from the investors and giving very less percentage to them and at least give some higher percentage and how long the Founders and Core team will hold the coins.

Im sure that team tokens will be locked for longer period of time,atleast 1 year should be minimum.

15% of team tokens will be released after three months from the end of public round of TGE, 85% of team tokens will be locked for 2 years after which there will be gradual re-lease of the tokens over a period of another 2 years.
Shun8639
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August 23, 2018, 07:50:22 AM
Last edit: August 23, 2018, 08:02:15 AM by Shun8639
 #1009

The project looks interesting with a global ambition and an experienced team backing the project. When will the demo version available to test the platform,i would really like to try it out!

We are still testing the beta version. We will launch it very soon. I'm hoping for your patience and kind understanding.
Slavko1122
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August 23, 2018, 03:28:09 PM
 #1010

▲Thank you▲

We invite you to join the KuBitX AMA session.

The AMA will be live on the official KuBitX Telegram channel https://t.me/kubitx_official on Friday, August 24, 3pm (GMT).

Don’t miss this opportunity to talk directly to the KuBitX team!

Woho, finally! This is a good opportunity to find out some new things about the project.

I agree. I think AMAs are the great way to involve the community. Good idea.

AMA is indeed a great way to allow the community to participate and feel closer to the project.

And testing results and achieved fast speeds are really something to be happy about. It will be great when the platform will finally be enabled for everyone
Dr. Van Nostrand
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August 23, 2018, 03:45:00 PM
 #1011

How come you decdied to go with Ethereum blockchain,is it fast enough to support something ambitious like KubitX?
ambiental
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August 23, 2018, 03:50:25 PM
 #1012

How come you decdied to go with Ethereum blockchain,is it fast enough to support something ambitious like KubitX?


I think they should not be concerned with the ETH blockchain speed.

Nice article which gives us  a lot of info on Ethereum blockchain:https://steemit.com/blockchain/@alienhunt/pros-and-cons-to-building-on-ethereum
Pixote
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August 23, 2018, 04:00:13 PM
 #1013

An exciting project, providing many features and services for users at low cost and minimizing risk. of course this is a platform that will be much preferred. hopefully the team can make this project can be realized and achieve the expected target.
joga_bonito
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August 23, 2018, 04:04:11 PM
 #1014

What if investors start dumping the tokens after listing on exchanges? Do you have some plan to deal with this (some kind of vesting period for example)?

Please note that 85% of team token has a lock period of 24 months while bonus from seed round has a lock period of 180 days. Pre-Public Round with 20% bonus on vesting period of 6 months.

This 85% of The tokens that you mentioned that are going to be locked for 24 months: how do you plan to unlock them? In a regular intervals (like every month you release about 3,5% of the 85% of the tokens) or do you plan to do something different?
NelsonAv
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August 23, 2018, 05:52:46 PM
 #1015

I see that 20% KuBitX  tokens will be allocated for Investment Fund.Can you tell us more about it?




KuBitX is a Hybrid Crypto Exchange, meaning we will be having initiatives and investment that will bring the mainstream financial institutions wiling and ready to partner into our exchange ecosystem.
One of them is the purchase of a Bank which the investment fund will be used for.

As this investments grow, our investors that’s invested in the KBX token will start seeing not just a good appreciation of the KBX token, BUT also a very low volatility on the KBX token which is very common in tokens that’s void of some mainstream use cases.
Bacara
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August 23, 2018, 06:46:09 PM
 #1016

How come you decdied to go with Ethereum blockchain,is it fast enough to support something ambitious like KubitX?


I think they should not be concerned with the ETH blockchain speed.

Nice article which gives us  a lot of info on Ethereum blockchain:https://steemit.com/blockchain/@alienhunt/pros-and-cons-to-building-on-ethereum

Interesting article. Thank you for sharing.
SheepovoDragon
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August 23, 2018, 06:49:13 PM
 #1017

How come you decdied to go with Ethereum blockchain,is it fast enough to support something ambitious like KubitX?


I think they should not be concerned with the ETH blockchain speed.

Nice article which gives us  a lot of info on Ethereum blockchain:https://steemit.com/blockchain/@alienhunt/pros-and-cons-to-building-on-ethereum

Tnx for the link m8. Nice overview of the complete Ethereum project.
EDVED
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August 23, 2018, 07:21:03 PM
 #1018

The project looks interesting with a global ambition and an experienced team backing the project. When will the demo version available to test the platform,i would really like to try it out!

We are still testing the beta version. We will launch it very soon. I'm hoping for your patience and kind understanding.

Whether beta testing will be available to future users?
DobraPrilika
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August 23, 2018, 08:06:17 PM
 #1019

I see that 20% KuBitX  tokens will be allocated for Investment Fund.Can you tell us more about it?




KuBitX is a Hybrid Crypto Exchange, meaning we will be having initiatives and investment that will bring the mainstream financial institutions wiling and ready to partner into our exchange ecosystem.
One of them is the purchase of a Bank which the investment fund will be used for.

As this investments grow, our investors that’s invested in the KBX token will start seeing not just a good appreciation of the KBX token, BUT also a very low volatility on the KBX token which is very common in tokens that’s void of some mainstream use cases.

I did not know you were planning to purchase a Bank, it looks like a huge project.
Inmytree
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August 23, 2018, 09:41:40 PM
 #1020

How come you decdied to go with Ethereum blockchain,is it fast enough to support something ambitious like KubitX?


I think they should not be concerned with the ETH blockchain speed.

Nice article which gives us  a lot of info on Ethereum blockchain:https://steemit.com/blockchain/@alienhunt/pros-and-cons-to-building-on-ethereum

Why not be concerned with speed.Exchange needs to be able to handle a lot of transactions.
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