The Crypto world has long appeared in the Society, but many or even almost all people do not know about Crypto, Blockchain, ICO Etc.
But now Crypto is widely known by People from all over the World, and this is very profitable for all of them especially a Developer. Why is it so profitable for Developers?
Because Developers can introduce their Projects via Crypto very quickly compared to other ways.
Well on this occasion I will introduce one project that is very interesting, cool, and very useful for the whole community.
Okay, you should check my article this time about Project KuBitX. http://www.kubitx.io/
KuBitX is one of the most advanced and robust cryptocurrency trading platforms designed to embrace the idea of “Simplicity” and “Accessibility,” empowering and educating people from all walks of life to embrace the technological revolution of Blockchain and invest in cryptocurrencies. Contained within the KuBitX ecosystem are the KuBitX Trade engines, the secure KuBitX wallets and an advanced Admin dashboard for regulating the activities within the Trade Exchange. By targeting the untapped, high potential demographics for their inclusion in the Cryptocurrency market, our goal is to become one of the most diverse cryptocurrency marketplaces for buyers and sellers. We aim to achieve this by developing a robust trade engine, providing regular banking services through our Financial Service Providers and initiating an Ambassador program to spread awareness and adoption.
The KuBitX team is composed of an extremely talented and experienced bunch of professionals with significant work experience from Fortune 500 companies and “Big Four” consultancy firms that have identified “Inclusion" and “Adoption” as the major pillars of growth for any Cryptocurrency marketplace. As a result of many brainstorming and ideating sessions, the team was able to come up with unique ideas such as an inbuilt Financial Services feature in addition to making the coin listing process convenient in terms of time and cost.
To create a harmonious ecosystem within the exchange, the KuBitcoin (KBX) token will be used for fee payments within the exchange operation and will be also be integrated into the banking processes integrated with the exchange to enable users to get fiat services in a short span of time.
The user-friendly outlook of the exchange will also allow it to promote adoption. Simplifying the process of remittance also provides us with the potential to target a good user base and thus helping in increasing the liquidity of the exchange.
The KuBitX ecosystem is effectively going to be one of the most comprehensive and compliant solutions for traders, partnering with the best trade engine experts having a broad industry experience. Our platform will redefine how exchanges operate and by attracting more traders via our various product offerings, we will expand the pool of participants by fostering greater market liquidity and thereby contributing to its overall growth.
http://www.kubitx.io/
KuBitX - ROADMAP
Q4 2017
• Project Initiation
• Project feasibility study
• Benchmarking
Q1-Q2 2018
• Project Engagement
• Team Structuring
• Legal processes for incorporation in Malta
• Whitepaper creation first draft (Business)
• Angel/Seed Contribution Engagements
Q3 2018
• Project Execution
• Launch KuBitX Channels Ambassadors (Flagship countries)
• Prototype
• Start Pre- Public Round of TGE
• Exchange Soft Launch
Q3-Q4 2018
• Project Execution (Contd.)
• Phase 1: Financial Services integration with KuBitX
• End Pre- Public Round
• Exchange Go-Live
• Public Round of TGE
• Global Promotions
Q1-Q4 2019/2020
• Project Add-ons
• KuBitChain
• Phase 2: Financial Services integration with KuBitX
• Continuous Improvement (Operations, Product Enhancements and Community Feedback for Improvement)
Business Model
KUBITX's business model consists of revenue streams from market commissions and management fees. This section will explain how the revenue stream and KuBitcoin token (KBX) has been integrated into the system, giving an idea of how KuBitcoin token (KBX) holders will be rewarded.
25% discount for using KuBitcoin tokens (KBX): KuBitcoin tokens (KBX) are easy to use as a payment method for negotiation costs. In addition, users who choose to use KuBitcoin tokens (KBX) as a method of trading commissions will receive a discount of 25% compared to the original commercial rate. If the accounts receivable are NEO, we will calculate the exchange ratio of NEO to KBX at the market price, based on the market price of NEO / BTC and KBX / BTC. Exchange rate NEO / KBX = NEO / BTC [price Market] / (KBX / BTC [market price]). The KuBitX update cycle for the market price is 1 second.
LANGUAGE DIVERSIFICATION
KuBitX has identified that language barriers becomes issue for customer support, as a result - poor customer support ratings happen. At KuBitX, our global channel ambassador program will ensure that we have local dialect presence in each country so that customer support experience can be heightened and turn around time can be faster for responses.
FASTER TRANSACTIONS PER SECOND (TPS) SPEED
KuBitX competes with global rivals with current exchanges doing about 1.4 million transactions per second. KuBitX is built to trasact at 12 million transactions per second. Avoiding exchange crashing, creating more to trade at faster speed.
Thank you for visiting if you like my article on the KuBitX Project. Please give me the comments below, and for more information on KuBitX Project. You can visit their media below:
Website : http://www.kubitx.io/
Whitepaper : https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf
Twitter : https://twitter.com/kubitx
Facebook : https://www.facebook.com/kubitx/
Telegram : https://t.me/kubitx_official
Ann Thread : https://bitcointalk.org/index.php?topic=4628365
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1691648;sa=summary
