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

[kelvil1223]

Do you have a service that verifies the authenticity of things?

Most likely they are asking for a seller's certificate or something else. The rest is at your own risk

[fehu20]

Why did you choose the Myanmar market? After all, cryptocurrencies and blockchain are not developed well in the country...

Skybit decided to take a chance and show that with a team of professionals they can revive the economy of Myanmar.

[hopscangxopou]

In this case, you should cooperate not only with the banks of Myanmar, but also have partnerships with banks from offshore zones. Are you negotiating?

Yes, all the info about our negotiations and cooperations will be announced later

What are the key features of your platform from Aliexpress, Amazon, etc.?

We are a bridge between Myanmar and the whole world. We promote and sell services and goods from Myanmar to the world

There is not much information about your platform. When will you release a video about the Skybit creation workflow?

They don't have time for video diaries right now. Road map deadlines are pressing them. They need to be focused only on developing of the project

[tioringrazon]

Will you give your tokens to those who make donations for the people of Myanmar?

It seems to me that donations are voluntary and they are not encouraged by tokens

[mithightheli]

Will you help to develop the technology in Myanmar?

I think it's important to them. If technology is developed in Myanmar, the Skybit platform will also be affected

In Myanmar, everything is very bad with the development of technologies. It takes years of hard work to reach this

[kelvil1223]

How many employees are currently working at Skybit? And how much more do you plan to hire?

[mithightheli]

Do you want to negotiate wholesale purchases of goods from Myanmar through Skybit?

I think they are already working in this direction. Now they need to configure the platform

I wonder if they will be a bridge between the seller and the buyer? Or will there be a warehouse where all the goods will be stored?

[SKYBIT.ASIA]

The cost of bitcoin is increasing, and this growth is occurring at a very impressive pace. It is enough to simply compare the dynamics of this cryptocurrency with what we saw in the spring - and everything will become clear. For crypto investors, this means only one thing - it is time to buy bitcoin when it’s on the bottom so that in the future you can sell it several times more expensive.

But what about those people who do not want to acquire bitcoins, but get them through mining? Their situation is even more unenviable, since due to high electricity tariffs, mining in their countries may be unprofitable. Perhaps they will have to seriously think about changing their place of residence.

Just imagine: you are moving to a certain country, and mining from a disadvantage immediately becomes a very profitable business.

The Far East has always attracted people with its exoticism, and Myanmar is no exception. The standard of living that you can afford in Myanmar is much higher than in Venezuela. That's just the cost of mining one bitcoin is also almost 2 times higher - $ 3087. Of course, now that the value of bitcoin has skyrocketed above $ 10,000, it is possible to mine Bitcoin with a very good profit. But only in 2018, when the “bears” reigned in the market, this did not seem such a great prospect. The country itself is quite attractive, it has a favorable climate and interesting architecture.
 
SKYBIT applies blockchain technology to provide a modern financial bridge between Myanmar and the rest of the world.

The SKYBIT Digital Asset Conversion Platform allows users to convert between different cryptoassets and with Myanmar Kyat (MMK) currency. The platform supports unrestricted and direction-agnostic coupling of pairs between different listed cryptoassets and Myanmar Kyat. E.g. with a list of 30 instruments, 435 pairs would be available for trading (using combination formula n!/r!(n - r)! where n is the number of listed instruments and r is 2). Direction-agnostic means e.g. ETH/BTC and BTC/ETH is the same market of orders; rates shown would simply be the inverse of the other, so traders can choose which direction they prefer. Such a possibility of free direction-agnostic pairings is an advantage over other exchanges that have a limited list of fixed pairings.

The platform would also be used to liquidate the cryptoassets received from the SKYBIT Payment Processor.

[SKYBIT.ASIA]

Can you see statistics of Myanmar merchants who found out about you through advertising?

We are doing on the ground and outreach with potential merchants at the stage.

Myanmar residents can advertise their products for free on your platform?

If you do not yet have your own web site to show your goods or services (or campaign for donations), you can use the SKYBIT web site as the platform to advertise to people around the world.

Are there suppliers who have already signed contracts with you?

We are still working on these relationships.

Why can one account be used just for one company on the trading platform? It's inconvenient

This is standard practice on most platforms, it is done to maintain authenticity.

Do you have a service that verifies the authenticity of things?

Yes we have a vetting process for all merchants.

[hopscangxopou]

It would be more convenient to top up Skybit with fiat currencies, as well as using of credit cards

[fehu20]

Hopes for the platform are high but when will there be a public beta test so that everyone can try it out?

Beta version is already launched

Will you help to develop the technology in Myanmar?

We have one aim — to help Myanmar to build a modern financial bridge between this country and the whole world 🌎

Do you think the people of Myanmar will use your platform? Now there are very few Internet users there

We will do our best to carry out our plans

Is it difficult to get a license for such a project in Myanmar? This is something new

We do not need a license, we are operating according to the laws

You have been developing Skybit for a long time. You started in 2015, and already in 2020, is everything going according to plan?

Yes, we will do our best to carry out our plans

Why did you choose the Myanmar market? After all, cryptocurrencies and blockchain are not developed well in the country...

There are a wide range of good produced in Myanmar, like textiles, petroleum products, refined copper, etc.. apart from industrially manufactured goods, SKYBIT will also open up the global market for small businesses as well as home industries. The problem is that Myanmar local businesses can't enter the global market, and we solve this problem.

Has your security system been verified? How many checking options should the user pass?

[tioringrazon]

In this case, you should cooperate not only with the banks of Myanmar, but also have partnerships with banks from offshore zones. Are you negotiating?

Yes, all the info about our negotiations and cooperations will be announced later

What are the key features of your platform from Aliexpress, Amazon, etc.?

We are a bridge between Myanmar and the whole world. We promote and sell services and goods from Myanmar to the world

There is not much information about your platform. When will you release a video about the Skybit creation workflow?

I think they are fully focused on the trading platform, as well as the adjustment of the donation system. They don't have time to record videos

[kelvil1223]

What dividends will be paid for storing tokens? Or do you not have a reward for this?

[fehu20]

Myanmar is at the intersection of geopolitical paths between East and South Asia and the strategic interests of the regional "poles of power" - China, India and ASEAN. The United States has shown growing interest in Myanmar. The US and the EU lifted economic sanctions from Myanmar, retaining bans only on military-technical cooperation. At the same time, American business has not yet shown much activity in relation to Myanmar. As of August 2014, total US investment in Myanmar did not exceed $ 250 million. Some analysts attribute this to civil instability in the country, but there are other reasons. In 2012, Obama allowed US companies to invest in Myanmar, but forbade dealing with military-related businesses.

The country has seen a certain economic recovery. It is reported that Myanmar took 13th place in the world last year in terms of economic growth. At the beginning of 2016, trading began on the first ever Myanmar Yangon Stock Exchange. On the streets of Yangon, Nayyipido, Mandalay and other cities of the country, the names Coca-Cola and Samsung are interspersed on billboards with the names of the Norwegian mobile communications company Telenor, the Indian Tata Motors and the leading Chinese consumer electronics company Hayer. The Japanese company Nissan, together with the Malaysian Tan Chong Group, plan in 2016 to open a factory for the production of a compact sedan Nissan Sunny in the Bago administrative region.

The ongoing processes in Myanmar open up broad prospects for the country, both in domestic and foreign policy. The country has good potential to return to the international arena as an influential political and economic player. But today we can talk about prospects — for the revival of the country on the principles of democracy, certain groundwork has been created, but a solid, reliable foundation has not yet been built.

The difficulty of having money enter underdeveloped countries like Myanmar has been hindering progress in solving many of its problems, such as poverty. We believe that the revolutionary technology of blockchain can help solve such problems and advance the economy and people of those countries.

SKYBIT applies blockchain technology to provide a modern financial bridge between Myanmar and the rest of the world. Easing the flow of monetary value into Myanmar would open up many new opportunities for the country and its people. Our mission is to apply new technology for wide and large-scale social improvement, particularly in Southeast Asia as it has many big problems that still need to be solved.

https://i.ibb.co/10SqNwj/SKYBIT-12-2-2.png

What problems exist in Myanmar besides economic and humanitarian ones?

[kelvil1223]

Do you want to negotiate wholesale purchases of goods from Myanmar through Skybit?

I think they are already working in this direction. Now they need to configure the platform

What would you like to buy wholesale? Jewelry?

[fehu20]

Why can one account be used just for one company on the trading platform? It's inconvenient

I completely agree with you. Let's say I want to sell jewelry and furniture, but I can't do it on one account

[Cliff01]

Myanmar residents can advertise their products for free on your platform?

Probably not. There will be too many requests and the site will be overloaded

[SKYBIT.ASIA]

Join Skybit Token Sale Event and Get Prizes!

What is SKYBIT? ☀️
SKYBIT – a blockchain platform that aims to apply cutting-edge technologies to Myanmar in order to make a significantly positive difference to the country and the lives of its people.

When and where is SKYBIT IEO? ⏰
SKYBIT IEO will start on the Probit exchange on March 20, 2020. Probit is one of the 30 biggest exchanges with daily volume – $50 000 000. And we have created a great event for our users and investors.

What are the prizes? 🎁

1st Prize 🏆: Dell XPS 7590 4K OLED Notebook;
           Minimum purchase - 900 000 SKYBIT

2nd Prize 🏆: Samsung Galaxy S10 5G 256MB (3 winners);
Minimum purchase: 600 000 SKYBIT

3rd Prize 🏆: Samsung Galaxy Watch Active 244mm (Bluetooth) (15 winners);
Minimum purchase: 150 000 SKYBIT

The first 19 accounts meeting the minimum purchase amount during Phase 1 of the SKYBIT IEO will be rewarded with the prizes. Don’t miss the chance to take part and get your prizes! Join us in our quest to propel Myanmar forward and upward!

📌 Don’t miss your opportunity to take part in our Token Sale and get our amazing prizes: probit.com/en-us/ieo/skybit-round1/0

[SKYBIT.ASIA]

There is not much information about your platform. When will you release a video about the Skybit creation workflow?

We post video on channel soon...

It is unclear what Myanmar traders can offer the world market. What exports of goods are expected?

There are a wide range of good produced in Myanmar, like textiles, petroleum products, refined copper, etc.. apart from industrially manufactured goods, SKYBIT will also open up the global market for small businesses as well as home industries. The problem is that Myanmar local businesses can't enter the global market, and we solve this problem.

Will the discount system work for regular customers on Skybit?

Discounts on goods will be at the discretion of the seller

How many employees are currently working at Skybit? And how much more do you plan to hire?

You can find our team in White Paper: https://drive.google.com/file/d/1ZW_SINFg-oT06DBrTTiwAOu0V4IyGetm/view

I wonder if they will be a bridge between the seller and the buyer? Or will there be a warehouse where all the goods will be stored?

We have one aim — to help Myanmar to build a modern financial bridge between this country and the whole world 🌎

[fehu20]

Will you add payment of other currencies? In addition to bitcoins

They follow the other way. They will have a currency converter that will allow you to exchange bitcoin for anything else

This is the right approach. Use bitcoins and then change it to whatever you want