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Author Topic: [ANN][ICO] KUBITX - Cryptocurrency Exchange & Trading Platform  (Read 33734 times)
Ajutokintumi
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July 29, 2018, 02:51:36 PM
 #401

Can you please share token metrics,and token allocation?
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The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
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NoMoreTears
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July 29, 2018, 03:07:01 PM
 #402

Why did you choose ETH based blockchain instead of making your own?
Jeremija
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July 29, 2018, 07:15:09 PM
 #403

Do you have  signed agreement with  some exchanges?

Isn't it too early to talk about exchanges? And I think that Kubitx team wouldn't be able yo confirm any names, as that would be breach of nda

Yes, this is something that is mainly announced later, after the sale...
STUNTMANMAJK
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July 29, 2018, 07:42:48 PM
 #404

From what i could understand you are currently in private sale phase,right?

Yeah, and it last to 31 of August. Public sale is yet to be announced.

Will you disclose the results of private sale?

Its usually disclosed. Its needed info for further investing.

Not necessarily, sometimes info from private sales stays private.

So, both cases are possible, the team will decide whether to disclose information after private sale.
chungaLunga
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July 29, 2018, 08:11:33 PM
 #405

great ! you have unique business model. I see it has a lot of features but looks like the security feature is the most prominent. the project very interesting, i hope this project will be big success.

Maybe I missed this but what is the key security feature in kubitx?
Kvazimir
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July 29, 2018, 08:18:54 PM
 #406

How do you plan to prevent investors from dumping the token after listing on exchanges?Will there be some vesting period?

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

How long will team tokens be locked?

What are team tokens?

I assume tokens that are intended for team members to keep the share of tokens after the sale...
Chrmel612
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July 29, 2018, 08:21:40 PM
 #407

Too much tokens are going to the developers. How would this be not used when the coin is in pump? Is it locked for a certain period time via Smart contract? Is it already pre generated?

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babyBaba
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July 29, 2018, 08:28:12 PM
 #408

Too much tokens are going to the developers. How would this be not used when the coin is in pump? Is it locked for a certain period time via Smart contract? Is it already pre generated?

I've never thought of that, but I'm sure they have a plan for such things.
babyBaba
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July 29, 2018, 08:32:03 PM
 #409

Does kubitx have any ambition to overtake some of the most known exchanges like Coinbase or Binance for example?

I think kubitx team has high goals.
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July 29, 2018, 08:34:15 PM
 #410

Why did you choose ETH based blockchain instead of making your own?

Among other things because the ETH network is reliable and fast...
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July 29, 2018, 08:35:29 PM
 #411

I see that you had  seed round going on till July 16th.Can you share us more details about that sale phase,like how many tokens sold ,bonuses etc?Or its not public info?
Obi2024
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July 29, 2018, 08:51:48 PM
 #412

Too much tokens are going to the developers. How would this be not used when the coin is in pump? Is it locked for a certain period time via Smart contract? Is it already pre generated?

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.

FrankDTank
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July 29, 2018, 08:57:44 PM
 #413

Why did you choose ETH based blockchain instead of making your own?

Among other things because the ETH network is reliable and fast...

True,so many successful projects are based on ETH,so no need to try anything else,Ethereium blockchain is more than good enough
unchained5498
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July 29, 2018, 09:39:54 PM
 #414

Too much tokens are going to the developers. How would this be not used when the coin is in pump? Is it locked for a certain period time via Smart contract? Is it already pre generated?

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.

Locking team token is a pretty good measure.
WhoWuWho
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July 29, 2018, 11:53:46 PM
 #415

Too much tokens are going to the developers. How would this be not used when the coin is in pump? Is it locked for a certain period time via Smart contract? Is it already pre generated?

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.

Locking team token is a pretty good measure.

When team locks token for 2 years I believe the team, as this show dedication and trust that project will be successful and develop further even after 2 years.
HulioIglesias
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July 30, 2018, 12:15:18 AM
 #416

Why did you choose ETH based blockchain instead of making your own?

Among other things because the ETH network is reliable and fast...

True,so many successful projects are based on ETH,so no need to try anything else,Ethereium blockchain is more than good enough

Etherium is the most stable and trusted platfomr in crypto and to go with is simply common sense.
Lightmotiv
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July 30, 2018, 12:30:01 AM
 #417

Does kubitx have any ambition to overtake some of the most known exchanges like Coinbase or Binance for example?

Since Kubitx has a plan to become truly worldwide, I guess it will.

I believe to be able to do it, you need to have lower fees and engage the community with competitions and rewards.
Inmytree
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July 30, 2018, 12:47:00 AM
 #418

Does kubitx have any ambition to overtake some of the most known exchanges like Coinbase or Binance for example?

Since Kubitx has a plan to become truly worldwide, I guess it will.

I believe to be able to do it, you need to have lower fees and engage the community with competitions and rewards.

Fees will play an important role.If the service is good and KubitX manages to offer competetive fees, everything is possible.
BigcountryRoy
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July 30, 2018, 12:53:44 AM
 #419

Does kubitx have any ambition to overtake some of the most known exchanges like Coinbase or Binance for example?

Since Kubitx has a plan to become truly worldwide, I guess it will.

I believe to be able to do it, you need to have lower fees and engage the community with competitions and rewards.

Fees will play an important role.If the service is good and KubitX manages to offer competetive fees, everything is possible.

Fees are important, I agree, but soon time will come when security and crypto to fiat gateways will become the king.
randulahemal
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July 30, 2018, 02:30:27 AM
 #420

Number of application post from forum *

whats this meaning when i signup for reddit bounty program ?
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