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Author Topic: [ANN][ICO] KUBITX - Cryptocurrency Exchange & Trading Platform  (Read 33734 times)
Art Vandelay
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August 09, 2018, 09:25:05 AM
 #621

What percentage of funds have you allocated towards legal and licensing issues?

Think that 7.5% tokens is alloceted for legal issue.

That is a healthy amount in my book.

And how about marketing?

15% for the marketing.

Its good to see that team understand the  importnace of marketing in crypto!
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PujuTravala
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August 09, 2018, 10:18:02 AM
 #622

What percentage of funds have you allocated towards legal and licensing issues?

Think that 7.5% tokens is alloceted for legal issue.

That is a healthy amount in my book.

Yes,legal part is extremely important when you are trying to run an exchange,so its a good thing that team is aware of that!
HulioIglesias
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August 09, 2018, 11:43:44 AM
 #623

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

I think that Ethereum blockchain is good enough for nay project,no need to waste time and money making your own.

Exactly, it saves you a lot of time and you already know that it works fine Cheesy
UncleT
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August 09, 2018, 12:18:32 PM
 #624

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

I think that Ethereum blockchain is good enough for nay project,no need to waste time and money making your own.

Exactly, it saves you a lot of time and you already know that it works fine Cheesy

And it has been proven over and over that it's stable and secure, and that's a big factor.
Blueoyster
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August 09, 2018, 01:16:18 PM
 #625

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

I think that Ethereum blockchain is good enough for nay project,no need to waste time and money making your own.

Exactly, it saves you a lot of time and you already know that it works fine Cheesy

And it has been proven over and over that it's stable and secure, and that's a big factor.

Also you have access to a huge pool of developers and huge community.
Inmytree
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August 09, 2018, 04:05:02 PM
 #626

What percentage of funds have you allocated towards legal and licensing issues?

Think that 7.5% tokens is alloceted for legal issue.

That is a healthy amount in my book.

And how about marketing?

15% for the marketing.

Its good to see that team understand the  importnace of marketing in crypto!

It is a good sum, it could be even higher because as you said marketing has became more important that it was ever before.
AzrailBogov
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August 09, 2018, 04:34:22 PM
 #627

I think that KuBitX is one of the most advanced and reliable platforms to date for crypto currency trading, developed in a very user-friendly form that allows people from all regions to realize their ideas
HakiMikkinen
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August 09, 2018, 05:34:18 PM
 #628

What would be the best wallet to store tokens?Do I have to buy one for Kubitx?
Chrmel612
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August 09, 2018, 06:35:09 PM
 #629

Why did you choose ETH based blockchain instead of making your own?
It's like asking, who do most of the projects used Ethereum block than making their own. The answer is simple. It is easy to create and develop your own coin using only Smart contract plus their will be less hassle when the coin hits exchange. As most of the exchange supports ERC20 token and can easily be listed there. Means less maintenance cost for exchange.

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Jeremija
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August 09, 2018, 06:55:05 PM
 #630

What percentage of funds have you allocated towards legal and licensing issues?

Think that 7.5% tokens is alloceted for legal issue.

That is a healthy amount in my book.

And how about marketing?

15% for the marketing.

Its good to see that team understand the  importnace of marketing in crypto!

It is a good sum, it could be even higher because as you said marketing has became more important that it was ever before.

I agree, marketing has become a very important factor for each project, it is clear that teams devote more time and money to this.
DOBARLOSZAO
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August 09, 2018, 07:15:49 PM
 #631

What percentage of funds have you allocated towards legal and licensing issues?

Think that 7.5% tokens is alloceted for legal issue.

That is a healthy amount in my book.

Yes,legal part is extremely important when you are trying to run an exchange,so its a good thing that team is aware of that!

They shouldn't allow any mistake or omission so it is important to hire a quality law firm.
GREATKINGRAT
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August 09, 2018, 07:53:50 PM
 #632

What percentage of funds have you allocated towards legal and licensing issues?

Think that 7.5% tokens is alloceted for legal issue.

That is a healthy amount in my book.

Yes,legal part is extremely important when you are trying to run an exchange,so its a good thing that team is aware of that!

They shouldn't allow any mistake or omission so it is important to hire a quality law firm.

Have you already signed a contract with some a law firm?
DobraPrilika
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August 09, 2018, 08:02:43 PM
 #633

Why did you choose ETH based blockchain instead of making your own?
It's like asking, who do most of the projects used Ethereum block than making their own. The answer is simple. It is easy to create and develop your own coin using only Smart contract plus their will be less hassle when the coin hits exchange. As most of the exchange supports ERC20 token and can easily be listed there. Means less maintenance cost for exchange.

Nicely said Smiley Thank you
Bacara
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August 10, 2018, 05:02:09 AM
 #634


I see that you are focusing on emerging markets, why do you choose that?

joga_bonito
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August 10, 2018, 05:26:23 AM
 #635

If I understood everything correctly by reading the whitepaper, they chose emerging markets (i.e. Africa) because there are a lot of people without bank accounts so this is actually a solid "entry point" for the market penetration. Smiley
btcmegastar
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August 10, 2018, 05:33:04 AM
 #636

If I understood everything correctly by reading the whitepaper, they chose emerging markets (i.e. Africa) because there are a lot of people without bank accounts so this is actually a solid "entry point" for the market penetration. Smiley

Even i hear about it, from Africa there are many people don't have bank accounts but how far Kubitx will help them because kubitx an exchange platform where then convert the cryptocurrency into their local currency is that possible?
Gwiazdooka
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August 10, 2018, 05:51:27 AM
 #637

After the huge fluctuations this year, the main cause is related to the problem of hackers on the trading floor. That is an alarming thing right now. And this may be a good opportunity for Kubitx to bring security benefits and performance to the market.
Krankee-
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August 10, 2018, 06:01:45 AM
 #638

go live is still planned for Q3-Q4 2018?
PujuTravala
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August 10, 2018, 06:12:44 AM
 #639

go live is still planned for Q3-Q4 2018?

Im sure team will follow the roadmap,i think thhats very important,so community knows team is able to deliver promised
nothingman19
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August 10, 2018, 09:22:40 AM
 #640

I'm always concerned by the security so it was nice to read that the team plan to support up to 3FA, hashed passwords (Jesus, still can't believe that there still are some system that store passwords in the plain text).
This project looks promising, hope to hear more good news on this one.
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