KitToken makes use of the quality protocol to actualize P2P financial transactions. It will construct a decentralized platform that will be void of error, in order to deliver faster transaction protocol. Because the blockchain ecosystem desires the best and present systems have enormous challenges that have been noted by users, therefore KitToken is pertinent in this regard to proffer lasting solution to blockchain technology.
KitToken is proposed to be the best user-friendly ecosystem that will supersede the global financial system. The token holders will have a real value of their investment. The economy will be transparent, secure for everyone to use without fraud in cross-border transactions.
SHA-256 is present in KitPay platform with superior solidity code to engender swift and safe transactions in financial payment. There is the guarantee of our vision because our platform is backed with professionals across blockchain technology, the financial sphere among others.
The KitToken project team also decided to contribute to the development of a modern global financial ecosystem. KitToken aims to create a decentralized platform to achieve lower fees and faster transactions across borders.
KitToken is officially registered in Singapore and meets all the requirements of the legislation of this country. The main target audience is foreign workers working in Malaysia. In addition, KitToken is also aimed at ordinary people who make daily purchases in supermarkets.
KitToken is a self-managed financial system based on P2P transactions on an open source platform. This platform is called KitPay. It is a centralized server running in a decentralized blockchain infrastructure connected to the network.
KitPay allows users to have their wallet for storing and transferring KitToken. The official launch date of KitPay is scheduled for September 01, 2018, after the end of the ICO. KitPay is implemented as a WEB platform and as a mobile application for iOS and Android systems.
KitToken and KitPay are developed on the Ethereum blockchain and run on the Main Ethereum node. The main types of wallets that are supported by KitToken platform are: Metamask, Myetherwallet, Imtoken wallet.
To implement his idea the project KitToken launched an ICO, consisting of two stages. The 1st stage will last from August 01 to August 10, 2018 (the bonus will be 30%), the 2nd stage will last from August 11 to August 20, 2018 (the bonus will be 20%). A total of 8 billion tokens will be issued. The token symbol is KIT. The price for 1 token will be 0.05 us dollars. Address smart contract 0x080eB7238031F97Ff011e273D6CaD5ad0c2dE532. SoftCap project is 5,000,000 $, HardCap project-175,000,000 $. Minimum Deposit: 0.2 ETH or 100 $.
KitPay is a decentralized ecosystem that will enable users to make fast, secure transactions. Token holders will have the quality worth of their tokens through POS system, as well as partake in profit sharing of KitToken financial returns.
KitToken foresaw a truly decentralized financial scenario where people will be able to transact without fear, with just a click.
TOKEN SALE DETAIL
1st- 10th August 2018 (ICO phase 1)
Bonus KitToken: 30%
11th – 20th August 2018 (ICO phase 2)
Bonus KitToken: 20%
Soft Cap: $5 Million USD
Hard Cap: $175 Million USD
Minimum Contribution: 0.2 ETH or $100
*Refer people to buy KitTokens and receive 5% referral bonus
PROJECT COST
Pre-operation and Operating expenses= $2.5 million USD
Travel Agency= $4.25 million USD
100 Laundromats= $5 million USD
Petroleum bunkering= $10 million USD
Neuroscience center= $127.5 million USD
Kitpay merchant integration= $25.5 million USD
Higher education programme= $75 million USD
Mobile outlets= $5 million USD
Token Information
General information
Token name : KitToken
Symbol : KIT
Decimal : 18
Cost per token : $0.05
Token count info
Total Supply : 8 Billion
For Reserve : 2.5 Billion
For sale : 3.5 Billion
Airdrop+Bonuses : 2 Billion
Platform and Compiler Version
Platform : ERC20(Ethereum Platform)
Compiler Version : v0.4.21+commit.dfe3193c
Type of token
Utility token and is now subjected to howey test.
ICO and Pre-sale information
Early Bird sale event : 20th to 25th July (Bonus 70%)
Token Distribution
Roadmap
2017
JULY 2017
Concept design
Research on cryptocurrency market and transfer medium between ASEAN countries
OCTOBER 2017
Technical specifications and survey on users experience on money transfer
Approach travel agencies regarding new,cheap and reliable payment method
DECEMBER 2017
Building network among corporate and cryptocurrency network
Approach financial and technical partners
Constructing human resource requirement for operational purposes
Q1&2 of 2018
JANUARY 2018
Finalizing necessary financial procedure with local and international bodies
FEBRUARY 2018
Development of KIT token website and wallet
Establishment of Technical partners
APRIL 2018
Establishing KitToken alpha platform and whitepaper preparation
JULY 2018
World crypto asset blockchain alliance ASIA summit on July 7th,2018
Kit Token airdrops and establishment in all possible social media
Launch of KitToken pre-sale on July 20,2018
Q2&3 of 2018
AUGUST 2018
Launching of KitToken ICO
1st - 10th - I phase of ICO (30% Bonus)
11th - 20th - II phase of ICO ( 20% Bonus)
SEPTEMBER 2018
Launching of KitPay web wallet and mobile apps Version 1.0
OCTOBER 2018
Business development and strengthening of partnerships
Exposing KitToken actively through international forum
2019 and 2020
Q1
Launching KitToken.Inc travel and tour project
Partnership with local and international bank
Listing on major exchange
Q2
Launching KitToken Neurosciences Project
Listing on major exchange
Q3
Launching KitToken Petroleum Bunkering Project
Listing on another big exchange
2020
Launching More mega projects in future
Listing on nearly 25 big exchanges
for more information :
website : https://kittoken.net/
Telegram:https://t.me/kittokenofficial
Medium:https://medium.com/@kittoken.official
twitter:https://twitter.com/TokenKit
Facebook:https://www.facebook.com/KitTokenOfficial
AUTHOR :
Bitcointalk username : Driean
Fropil link : https://bitcointalk.org/index.php?action=profile;u=545651
Wallet Adress : 0x0872bf5Fb779e726D5438ed144B304322117b697