This project was created to salvage the Kuboscoin community that was founded back in 2016 (Kuboscoin BCT:
https://bitcointalk.org/index.php?topic=1497264.0) and sadly abandoned by the Dev of the project
despite the volume be generated by the investors in the project and out pour of support. Despite this, the DEV dumped on the market and didnt use the funds to further develop the project and work on the use case promised to the community with the token built on the amazing WAVES platform. The KuboGold team and Myself plan to redeem the project and the community with a transparent and active team that will keep true to the community and provide a token that will deliever on a use case and purpose driven and decided by the community.
Coin Specs/ Premine Break Down:
Name: KuboGold
Total Supply: 100T
Decimal Places: 4
Pre-Mine Breakdown:
7% of tokens- Tokens for the Air Drop redemption for the KuboCoin Token and its community of investors to get integrated into the KuboGold community.
3% of tokens- To be set on the Waves DEX exchange and on our partner exchanges to allow early buy in opportunity for the KuboGold community and its investors.
25% of tokens- Marketing for the KuboGold project that will include paid promotions, advertisement , YouTube content, commercials, online promotions, and crypto events.
35% of tokens- Project Funding to pay for exchange listings, Pay for Developers, Chain enhancements, Partnerships with vendors to support KuboGold for payment, and funds to be liquid to ensure Project is well funded.
5% of the tokens- Will be allocated to the Core and Team members of KuboGold for payment on service to the community and to the project.
5% of the tokens- Will be allocated for giveaways and bounties for KuboGold holders and investors.
The remaining tokens will be for the Founder's Wallet. These tokens will be locked up for the first several weeks so that the project investors can set the market and a large portion of coins are out of circulation. It is also to build trust with the new and growing KuboGold community.
After Coin Burn:
4T total Supply
Use Case
1. A payment processing system powered through the Waves decentralized network for effortless transfer of crypto funds into fiat or other crypto assets. The KuboGold team and project will put a major focus on building a retail ecosystem that supports the use of KuboGold for a crypto payment alternative for goods and services at discounted rates due to the money saved by vendors and relaters on transaction fees. The regions of interest are the Asian markets and European markets for the establishment of the ecosystem of vendors and retailers with the United States being a later focus in the project development.
2. ATM network integration and support alongside the implementation of crypto debt cards to increase the ease of use for the purchasing of goods and services in the real world and within the KuboGold commerce ecosystem. This is coupled with mobile wallet support for both IOS and Android platforms plus access to the massive Waves Decentralized Exchange (2.5 Million USD Daily) to buy and sell KuboGold for other cryptos assets or directly into fiat currencies of USD and Euro while on the go. This removes the need for computers or laptops for buying and selling KuboGold and other assets. (IF we do more than 1K Waves volume daily)
3. KuboGold will be a large finite supply token currency. This is to ensure enough tokens to serve as a proper currency when the masses enter the crypto ecosystem but also to ensure the tokens that are out in circulation are reasonably affordable to all economic groups that enter the space. A larger circulating project also allow for better protection from price manipulation and tremendous spikes or dips in token price. However, despite the larger max supply, the circulating supply will remain relativity low in comparison due to low token emission by the KuboGold team and the funds set aside or locked away for long periods of time.
Please join the new KUBOGOLD discord and Community:
https://discord.gg/rGRWXJsFollow us on Twitter:
https://twitter.com/?lang=enJoin our Telegram:
http://t.me/KuboGoldExchange:
Waves Dex Exchange:
https://client.wavesplatform.com/dex-demo?assetId2=8RMDAs7gpg3SVPQ4erM97xPuUcUoqxqhFh8pdpFLzoNM&assetId1=WAVESNanu Exchange=
https://nanu.exchange/ (SOON)
This big volume of KubosCoin waves token on cryptohub was solely due to the fact that it was selling cheaper per token than the KuboCoin that is being traded on coinexchange. Unfortunately for the buyers, the KubosCoin on coinexchange is a coin on a blockchain, not a waves token and they were not able to transfer them from cryptohub to coinexchange (which made them sell back even cheaper on cryptohub)
The only reason why KubosCoin waves token was issued was to capitalize on this confusion, to take money from people that did not do proper DYOR before buying and fomoed into this perceived arbitraging opportunity.
If you can make it an alternative that is not a total scam, it's very good. I wish you luck
