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Author Topic: [ANN][ICO] KUBITX - Cryptocurrency Exchange & Trading Platform  (Read 34434 times)
BigcountryRoy
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September 01, 2018, 05:52:56 PM
 #1261

KuBitX LIVE TELEGRAM AMA
KuBitX organized a live Telegram Ask Me Anything (AMA) on the 24th of August 2018.

During the AMA session which lasted for 1 hour from 15:00 GMT to 16:00 GMT, the team received a lot of questions from the community and responses were given to the questions from KuBitX team members.

For the benefit of those who were not present during the AMA, you have an opportunity to go through the Q and A below.

We have compiled the questions from community members and responses given by the team exactly the way it happened on telegram without editing the conversation, there were some missed questions which we have also captured in below compilation in blue and have given the answers as well.

We will make the AMA session a regular activity in our community to ensure that our community is carried along with development in our project.
https://medium.com/@kubitx/kubitx-live-telegram-ama-f5eada34f42e

I’ve just read the transcript and I am shocked (in a positive way) that crypto in Africa is that huge (according to the provided charts at least). :O

Indeed, I wasn't aware of the potential of the African market. Interesting

It is huuuuuge (trump emoticon) indeed and it is barely touched.
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HiLander
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September 01, 2018, 05:55:56 PM
 #1262

I heard a lot about this project in social networks, 100% of the advertising campaign, also noticed a high activity in the Telegram group. The project employs hard consultants who have worked in this field for many years and have already solved many of the problems of past projects and brought them to a whole new level. They have experience in the field of e-commerce, financial market and capital market, banking, law, software development and Blockchain technology. Some of them are the general director and the founder of his company. They have partnerships with Modulus Global, Localau, WDM International, TGE Launch Media and UMS conferences. Cool!


Yeah, I share your amazement, team and project are really impressive when you start to dig a bit.
Slavko1122
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September 01, 2018, 06:03:26 PM
 #1263

KuBitX LIVE TELEGRAM AMA
KuBitX organized a live Telegram Ask Me Anything (AMA) on the 24th of August 2018.

During the AMA session which lasted for 1 hour from 15:00 GMT to 16:00 GMT, the team received a lot of questions from the community and responses were given to the questions from KuBitX team members.

For the benefit of those who were not present during the AMA, you have an opportunity to go through the Q and A below.

We have compiled the questions from community members and responses given by the team exactly the way it happened on telegram without editing the conversation, there were some missed questions which we have also captured in below compilation in blue and have given the answers as well.

We will make the AMA session a regular activity in our community to ensure that our community is carried along with development in our project.
https://medium.com/@kubitx/kubitx-live-telegram-ama-f5eada34f42e

I’ve just read the transcript and I am shocked (in a positive way) that crypto in Africa is that huge (according to the provided charts at least). :O

Indeed, I wasn't aware of the potential of the African market. Interesting

It is huuuuuge (trump emoticon) indeed and it is barely touched.

It’s huge and after reading about it, I can really see what makes it so interesting.
And considering the numbers which say that crypto there is huge... that really explains that the team made a good choice when they decided that they will put their focus on Africa.
SheepovoDragon
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September 01, 2018, 06:10:37 PM
 #1264

From AMA transcript:
22. Q: Victor :+1::+1: how long will it take for the platform to be life ?
A: We are carrying out internal test on the trade engine at the moment we hope to have the exchange go live in Q3.

Q4 started so I was wondering when could go live be expected? Are there any additional news and info regarding this. I know that you said that we have to be patient but I was wondering can we expect the go live during September or not?
Mladiornitolog
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September 01, 2018, 06:16:17 PM
 #1265

KuBitX LIVE TELEGRAM AMA
KuBitX organized a live Telegram Ask Me Anything (AMA) on the 24th of August 2018.

During the AMA session which lasted for 1 hour from 15:00 GMT to 16:00 GMT, the team received a lot of questions from the community and responses were given to the questions from KuBitX team members.

For the benefit of those who were not present during the AMA, you have an opportunity to go through the Q and A below.

We have compiled the questions from community members and responses given by the team exactly the way it happened on telegram without editing the conversation, there were some missed questions which we have also captured in below compilation in blue and have given the answers as well.

We will make the AMA session a regular activity in our community to ensure that our community is carried along with development in our project.
https://medium.com/@kubitx/kubitx-live-telegram-ama-f5eada34f42e

I’ve just read the transcript and I am shocked (in a positive way) that crypto in Africa is that huge (according to the provided charts at least). :O

Indeed, I wasn't aware of the potential of the African market. Interesting

It is huuuuuge (trump emoticon) indeed and it is barely touched.

It’s huge and after reading about it, I can really see what makes it so interesting.
And considering the numbers which say that crypto there is huge... that really explains that the team made a good choice when they decided that they will put their focus on Africa.

Africa is good market for crypto cos benefits of crypto can be utilized the most in third world countries with unstable economies.
Ridethewave
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September 01, 2018, 06:32:48 PM
 #1266

You plan  to build your smart contracts on top of ethereum blockchain. We all knows that ethereum can handle ~30tps. How will you solve the scalability issue?

KuBitX will issue a fixed supply of 500,000,000 KuBitcoin (KBX) tokens which are based
on the ERC-20 standard. The reasons for choosing ERC-20 tokens are the present familiarity
of the market with this standard plus the stability of Ethereum Blockchain.

That is a way better choice then making your own blockchain from scratch.
Krankee-
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September 01, 2018, 06:34:09 PM
 #1267

Good things will come out of this project am very optimistic

I think this could be a great project, too. It has really big potential and in the end it definitely might be the next big thing.
LudiMax
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September 02, 2018, 06:22:45 AM
 #1268

think that  most important thing for any project is that it solves real world problem,and KubitX is  doing  excatly  that!

I agree, it is important that there are as many projects in the market that we can actually use.
ArceriBau
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September 02, 2018, 06:54:33 AM
 #1269

You plan  to build your smart contracts on top of ethereum blockchain. We all knows that ethereum can handle ~30tps. How will you solve the scalability issue?

KuBitX will issue a fixed supply of 500,000,000 KuBitcoin (KBX) tokens which are based
on the ERC-20 standard. The reasons for choosing ERC-20 tokens are the present familiarity
of the market with this standard plus the stability of Ethereum Blockchain.

That is a way better choice then making your own blockchain from scratch.

I agree, Ethereum blockchain has proved to be the best option for most projects
HuaGwei
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September 02, 2018, 07:11:10 AM
 #1270

Well thought project! For how long it's been in development when exactly you started working on KubitX?
NoriakiKasai
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September 02, 2018, 07:38:59 AM
 #1271

What is the price of 1  KBX token,and is it pegged to ETH,or maybe fixed USD price?
MaZeeCM
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September 02, 2018, 07:58:03 AM
 #1272

Well thought project! For how long it's been in development when exactly you started working on KubitX?

We started at 2017. You can check this out in the roadmap in our website

What is the price of 1  KBX token,and is it pegged to ETH,or maybe fixed USD price?

KBX is pegged to ETH
1 ETH = 8,909.09 Kubitcoin(KBX) 
NoriakiKasai
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September 02, 2018, 08:03:03 AM
 #1273

Well thought project! For how long it's been in development when exactly you started working on KubitX?

We started at 2017. You can check this out in the roadmap in our website

What is the price of 1  KBX token,and is it pegged to ETH,or maybe fixed USD price?

KBX is pegged to ETH
1 ETH = 8,909.09 Kubitcoin(KBX) 

Thank you for the answer.So its a good time to invest,since ETH is low at the moment,so we get more KBX for our money.
DOBARLOSZAO
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September 02, 2018, 09:31:54 AM
 #1274

Well thought project! For how long it's been in development when exactly you started working on KubitX?

We started at 2017. You can check this out in the roadmap in our website

What is the price of 1  KBX token,and is it pegged to ETH,or maybe fixed USD price?

KBX is pegged to ETH
1 ETH = 8,909.09 Kubitcoin(KBX) 

Thank you for the answer.So its a good time to invest,since ETH is low at the moment,so we get more KBX for our money.

Yeh now is THE moment to invest in projects.
ambiental
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September 02, 2018, 10:03:08 AM
 #1275

You plan  to build your smart contracts on top of ethereum blockchain. We all knows that ethereum can handle ~30tps. How will you solve the scalability issue?

KuBitX will issue a fixed supply of 500,000,000 KuBitcoin (KBX) tokens which are based
on the ERC-20 standard. The reasons for choosing ERC-20 tokens are the present familiarity
of the market with this standard plus the stability of Ethereum Blockchain.

That is a way better choice then making your own blockchain from scratch.

I completely agree. In my opinion it is really good that they decided to use Ethereum blockchain. After all, Ethereum blockchain is good and robust. I know that the team will be (or already is) working on their own blockchain but in my opinion it is really good that the chose this blockchain to begin with.
El Pajaro
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September 02, 2018, 10:06:18 AM
 #1276

Well thought project! For how long it's been in development when exactly you started working on KubitX?

We started at 2017. You can check this out in the roadmap in our website

What is the price of 1  KBX token,and is it pegged to ETH,or maybe fixed USD price?

KBX is pegged to ETH
1 ETH = 8,909.09 Kubitcoin(KBX) 

Thank you for the answer.So its a good time to invest,since ETH is low at the moment,so we get more KBX for our money.
Yeh now is THE moment to invest in projects.

Exactly.
ETH is low at the moment so it makes the perfect opportunity for the investment in KBX
 
Yosoy100
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September 02, 2018, 02:18:53 PM
 #1277

Can you tell me more about the team,what are your previous projects?

The team of KuBitx https://www.kubitx.io/ is a set of gifted and rather highly professionals and hard-working. Having been experienced and skilled within the cryptocurrency ecosystem, permitting the teams to have the possibility to develop cryptocurrency markets you can see more details about them on the website

Because of your post I decided to read the Team section on the website for the first time and I must admit that lead people’ CV’s are truly impressive. Looks really good. 👍
EDVED
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September 02, 2018, 04:18:37 PM
 #1278

You plan  to build your smart contracts on top of ethereum blockchain. We all knows that ethereum can handle ~30tps. How will you solve the scalability issue?

KuBitX will issue a fixed supply of 500,000,000 KuBitcoin (KBX) tokens which are based
on the ERC-20 standard. The reasons for choosing ERC-20 tokens are the present familiarity
of the market with this standard plus the stability of Ethereum Blockchain.

That is a way better choice then making your own blockchain from scratch.

I completely agree. In my opinion it is really good that they decided to use Ethereum blockchain. After all, Ethereum blockchain is good and robust. I know that the team will be (or already is) working on their own blockchain but in my opinion it is really good that the chose this blockchain to begin with.

At this stage Ethereum is still one of the best blockchain platforms, it's no wonder that most projects decide for this option.
quansi2k
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September 02, 2018, 04:20:11 PM
 #1279

This project has great potential. therefore I would like to bid on airdrop events or bouty can collect more of its token. But I feel it still does not have enough information.
cubonho2k
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September 02, 2018, 04:26:17 PM
 #1280

KUBITX - Can electronic money transactions protect information about trade representatives as well as information related to private transactions? I was sad to not be able to participate in that discussion, if I was there I would know more information about this project. What experience do you have about e-money trading? I think you should have conversations to accumulate more experience on the project
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