CyBit a Blockchain based crowdfunding platform

CyBit a Blockchain based crowdfunding platform | Ecency

ABOUT CYBIT

CyBit is an Open Source Ecosystem to facilitate Crowdfunding! Our platform is built on ERC-223 protocol with smart contracts for highly secure validation of transactions and protection from malicious attacks. It adopts methodologies that support infrastructure flexibility and ensures safety & stability of the system.Read Whitepaper https://cybit.io/assets/cybitwhitepaper.pdf

CyBit is a Blockchain-based crowdfunding platform that helps people who have the desire to establish a new business (Start-ups) or undertake a worthwhile project. It enables individuals to make use of crowdfunding techniques to raise the required funds. At the same time, CyBit helps investors to evaluate potential business proposals to fund. CyBit is the emerging platform that informs investors and establishes a connection to investors and those start-ups or individuals seeking funding. All these interactions will be possible through the use of a Cryptocurrency token called “CBT”.

CyBit supports three kinds of fundraising campaigns; Initial Coin Offering, Crowd Investing, and Crowd Funding. CyBit offers a unique vehicle for Investors to finance projects through CBT as an underlying value token.

We’re providing a comprehensive smart-contract capability for seamless execution of projects with full transparency and liquidity

VISION

The vision for the CyBit project is to introduce a new Global Marketplace that utilizes a credible Blockchainbased token as a payment system through forex transactions and crowd-funding sources. It utilizes methodologies that will encourage and support infrastructure fexibility.

We intend to provide a comprehensive smart-contract capability for seamless execution of projects with full transparency. The CyBit team is focused on assisting clients to handle increased customer demands without incurring increased costs. CyBit supports three kinds of fundraising campaigns, as illustrated in the diagram on the following page.

The CyBit management team and our Subject Matter Experts are poised to develop a platform for investors to finance projects through “CBT” as the underlying value token. Through an Initial Coin Offering (ICO), we will issue our utility based “CyBit” (CBT) tokens alongside the CyBit platform. CBT inherits the properties of a utility token and enables the user to utilize it for financial transactions over the CyBit platform. CyBit integrates the highest level of technology for financial transaction security in existence today. CyBit is backed by patented technology that is based on the Blockchain model.

WHY CYBIT

A Springboard for Startups

CyBit Tokens or CBT have many advantages over mainstream currencies. CBT tokens utilize the secure ERC-223 platform to provide Trackable Tokens through Smart Contracts. This supports infrastructure flexibility to ensure safety and stability of the system.

On the CyBit platform for investors, one additional CBT is always received. When investors support pre-ICO, ICO, or Crowdinvesting campaigns, they receive two currencies at once, offering a double benefit. When they support Crowdfunding campaigns, they receive CyBitCoins, insuring them against the failure of the project.

CyBit SOLUTION

The CyBit solution empowers ICO developers to visit the platform, submit their funding requirements, and use CyBit channels to get evaluated by potential Investors. Upon successful evaluation, the Investors will invest in their projects using CyBit Tokens. The entire process is secured using smart contracts. The platform protects the rights of each stakeholder. https://bitcointalk.org/index.php?topic=3652379 /for more information.

TOKEN SALE INFORMATION

CBT is CyBit's native coin, built to ensure a secured peer-to-peer transaction.

EARLY PARTICIPATION DISCOUNTS

TOKEN DISTRIBUTION

Our goal is to be as transparent as possible with token distribution and ownership. We firmly believe that Cryptocurrencies are part of the global financial future and are committed to building high quality services around that viewpoint.