[ANN] 🚀 SKYBIT - Myanmar's leading blockchain services platform 🚀

[kirkfeljobsran]

Does your platform have competitors? Has any company already tried to create a similar product?

We are creating a unique project

Your platform can significantly improve the economic performance of Myanmar. Do you have government support?

The Ministry of Commerce of Myanmar and the United Nations Conference on Trade and Development (UNCTAD) have been working together to formulate a national e-commerce strategy to improve economic growth, inclusive trade and job creation in Myanmar. SKYBIT participated by explaining (and even quickly demonstrating) how their blockchain-based payment solution provides a simple and modern way for Myanmar businesses and people to receive international payments. Other attendees included local bank chiefs, mobile money service providers and e-commerce players.

Do you plan to receive public investment for the development of the SKYBIT project?

I think this is one of the best options for attracting investment for SKYBIT.

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[Twinkledoe]

Myanmar is like a quiet country for me when it comes to crypto business. If SkyBit will be successful, this will be like a stepping point for more blockchain projects to be introduced in their country. I don't know about their regulations when it comes to crypto. Do they have loose regulations with crypto business or is it easy to put up a crypto-related business in that country? Do you have merchants that are already accepting at least bitcoin as payment method?

Myanmar has not passed laws regarding cryptocurrencies, so everyone can buy and sell bitcoin and other cryptocurrencies

This is one advantage of developing this project in their country. Without any strict regulations when it comes to crypto, they can develop their project in whatever business model they want. However, they still need to register it as business. And the people in that area will not have any problem dealing with crypto so I guess, if they can market this to them, it will be a boost to their project.

[SKYBIT.ASIA]

What products will be banned from selling on the SKYBIT platform?

As long as products are legal then we will allow them on the platform

What commission will you charge for attracted donations through the SKYBIT platform?

Payment processing fee is 1% of amount quoted on invoice

It seems to me bitcoin is not the most convenient way to pay for goods. I use Ethereum or Stellar more often. Will you be adding these cryptocurrencies?

Yes we will be adding several currencies to the platform

Will there be any limits on the exchange of BTC in Myanmar Kyat?

No limits currently, but contact us for exchanging large amounts

Will holders of your tokens receive dividends?

Holders will benefit from price increases of the token once liquidity increases from adoption

Tell us about the benefits of investing in your project? What is the growth potential of the token price and the possibility of earning in your project?

The growth potential is phenomenal, as more and more people start to use the platform token price will increase and those who got in early will benefit the most

[indo1]

Did you successfully run IEO on ProBit?

How many tokens did you manage to sell? https://twitter.com/SKYBITASIA/status/1197401984254533632

Based from their website, their IEO date is yet to come. So that means, they are still in pre-IEO stage. And so, they can't give the details yet for their IEO stage.



But, I am interested how they will perform on their pre-IEO. Are they going to give figures on how much they will raise before their IEO in probit?

Yes, I see that IEO still has a lot of time in preparation, and I also really hope that the achievement of the figures they get in pre-IEO, the nature of exposure will lead to the trust of members so that this will affect the eyes of other investors, seen publicly without being kept secret. is a project that the community is looking for and it is rarely found, hopefully this project is very transparent to the community

The project has a narrow focus for the Asian market, but theoretically, SKYBIT investors can be residents of any country. The question is, when will investments in SKYBIT make a profit?

It depends on many factors. Myanmar businessmen are interested in launching SKYBIT, but there is still a need to develop and test this platform

hard work is needed to create it all, besides the SKYBIT project must also have extensive marketing especially marketing in their local area so that there will definitely be investors who glance, my advice they should master the marketing of fluctuations in their country of origin after they succeed in continuing marketing is general and global

I think local sellers will use the SKYBIT platform.

Entering the world market and offering the best prices will be much more difficult.

yes that's why they have to master their local market before they enter the global market, if they have succeeded in mastering their local market, of course they already have the initial capital and preparation to enter the global market, we see how their strategies in working

[dealteacarec]

Does your platform have competitors? Has any company already tried to create a similar product?

We are creating a unique project

Your platform can significantly improve the economic performance of Myanmar. Do you have government support?

The Ministry of Commerce of Myanmar and the United Nations Conference on Trade and Development (UNCTAD) have been working together to formulate a national e-commerce strategy to improve economic growth, inclusive trade and job creation in Myanmar. SKYBIT participated by explaining (and even quickly demonstrating) how their blockchain-based payment solution provides a simple and modern way for Myanmar businesses and people to receive international payments. Other attendees included local bank chiefs, mobile money service providers and e-commerce players.

Do you plan to receive public investment for the development of the SKYBIT project?

I think this is one of the best options for attracting investment for SKYBIT.

I think that the project should remain independent and attract investment only from private investors

[BAlex73]

Will the exchange of cryptocurrencies be made through the API on the exchange partner?

[vikushka97]

Myanmar is like a quiet country for me when it comes to crypto business. If SkyBit will be successful, this will be like a stepping point for more blockchain projects to be introduced in their country. I don't know about their regulations when it comes to crypto. Do they have loose regulations with crypto business or is it easy to put up a crypto-related business in that country? Do you have merchants that are already accepting at least bitcoin as payment method?

The Bank of America Securities report also lists some of the worst investments of the decade. These include kyat - the local currency of Myanmar

Therefore, local residents are always looking for options for a reliable and profitable investment.

Will it be possible to buy and sell cryptocurrency on SKYBIT? This is great news for Myanmar residents.

[FutureCrypto20]

I advise you to consider adding other cryptocurrencies to the SKYBIT platform. This will make your platform more versatile.

[Poli_Sha]

how did the Myanmar Ministry of Commerce react to your speech at the last conference? Are they planning a collaboration with your project?

I think they will not rush to their position because in Myanmar there is still no legislation governing cryptocurrencies

[blinkyu]

Which Myanmar companies support the idea of the SKYBIT platform?

[kirkfeljobsran]

Did you successfully run IEO on ProBit?

How many tokens did you manage to sell? https://twitter.com/SKYBITASIA/status/1197401984254533632

Based from their website, their IEO date is yet to come. So that means, they are still in pre-IEO stage. And so, they can't give the details yet for their IEO stage.

https://i.postimg.cc/mkNwrH39/Screen-Shot-2020-01-18-at-11-04-00-PM.png

But, I am interested how they will perform on their pre-IEO. Are they going to give figures on how much they will raise before their IEO in probit?

Yes, I see that IEO still has a lot of time in preparation, and I also really hope that the achievement of the figures they get in pre-IEO, the nature of exposure will lead to the trust of members so that this will affect the eyes of other investors, seen publicly without being kept secret. is a project that the community is looking for and it is rarely found, hopefully this project is very transparent to the community

The project has a narrow focus for the Asian market, but theoretically, SKYBIT investors can be residents of any country. The question is, when will investments in SKYBIT make a profit?

It depends on many factors. Myanmar businessmen are interested in launching SKYBIT, but there is still a need to develop and test this platform

hard work is needed to create it all, besides the SKYBIT project must also have extensive marketing especially marketing in their local area so that there will definitely be investors who glance, my advice they should master the marketing of fluctuations in their country of origin after they succeed in continuing marketing is general and global

I think local sellers will use the SKYBIT platform.

Entering the world market and offering the best prices will be much more difficult.

I think that Myanmar has exclusive products, so businessmen from this country can become serious competitors for many in the world market

[dealteacarec]

Myanmar is like a quiet country for me when it comes to crypto business. If SkyBit will be successful, this will be like a stepping point for more blockchain projects to be introduced in their country. I don't know about their regulations when it comes to crypto. Do they have loose regulations with crypto business or is it easy to put up a crypto-related business in that country? Do you have merchants that are already accepting at least bitcoin as payment method?

Myanmar has not passed laws regarding cryptocurrencies, so everyone can buy and sell bitcoin and other cryptocurrencies

Myanmar already has officially registered blockchain companies and cryptocurrency companies?

[BAlex73]

I like your idea and mission. Your project can change the lives of millions of people for the better.

Your project has an important social function in Myanmar. I hope the Government of Myanmar will support your project

[vikushka97]

What goods are produced in Myanmar? I want to understand the prospects of your project in the global market

I know that Myanmar produces teak. This tree is very popular among manufacturers of exclusive furniture.

[SKYBIT.ASIA]

Do you plan to receive public investment for the development of the SKYBIT project?

Yes

Is SKYBIT officially registered in Singapore? Do you plan to cooperate only with sellers of goods from Myanmar?

Yes, it was registered in February, 2018
No, we plan to cooperate with sellers of goods from all world.

Has any of your team already worked on blockchain projects? When will the integration of payment in bitcoin on your platform begin?

We are already using blockchain for crypto transactions and goods/services promotions on the platform

[famo006]

Do you plan to receive public investment for the development of the SKYBIT project?

Yes

Is SKYBIT officially registered in Singapore? Do you plan to cooperate only with sellers of goods from Myanmar?

Yes, it was registered in February, 2018
No, we plan to cooperate with sellers of goods from all world.

Has any of your team already worked on blockchain projects? When will the integration of payment in bitcoin on your platform begin?

We are already using blockchain for crypto transactions and goods/services promotions on the platform

Do not you think that attracting public investment will make your project dependent on the government?

[PaytonAbshire]

Why did you decide to abandon traditional payment systems in favor of cryptocurrencies?

[flipilmerre]

Do you plan to receive public investment for the development of the SKYBIT project?

Yes

Is SKYBIT officially registered in Singapore? Do you plan to cooperate only with sellers of goods from Myanmar?

Yes, it was registered in February, 2018
No, we plan to cooperate with sellers of goods from all world.

Has any of your team already worked on blockchain projects? When will the integration of payment in bitcoin on your platform begin?

We are already using blockchain for crypto transactions and goods/services promotions on the platform

Is blockchain used to promote goods?

How?

[arunorywh]

Do you have preliminary arrangements with a pay pal or other payment systems for accepting payments?

[incadodanth]

What goods are produced in Myanmar? I want to understand the prospects of your project in the global market

I know that Myanmar produces teak. This tree is very popular among manufacturers of exclusive furniture.

This is a very popular product all over the world. I think that many will want to buy this tree through the SKYBIT platform