Introduction
Hello friends, in this article I will explain you Kittoken Project which is developed by blockchain technology. As you know, it became easy to reach knowledge about anything after internet has discovered. People can do almost everything online, and this makes our lives comfortable.
Internet technology growth fastly and a few years ago we heard a new technology named blockchain. Blockchain technology offers a lot of solution for a lot of problems for variable subjects. One of these subjects is traditional finance systems and payments. In 2009 a new digital Money Bitcoin has been created and this became the beginning of cryptocurrencies.
Bitcoin is a rebellion to finance system which is controlled by big capitals such as global banks. These capitals set a system and they are earning Money from our Money. For example, if you want to make a transaction between different countries, you have to pay big commisions to banks. Not only different countries but also in the same borders customers have to pay high commisions. This problem is one the biggest reason for creation of Bitcoin and the other alternative cryptocurrencies developed after Bitcoin.
WHAT IS KITTOKEN
The Kittoken project we are reviewing now will be a sustainable and stable financial ecosystem which developed by blockchain technology and this ecosystem will supervise itself. The Kittoken project will provide transactions between people by peer to peer basis. Money transfers will be faster, quicker and more secure by Kittoken which is a blockchain based platform.
Kittoken Project is officially registered Project by Malaysian government and it will be listed on exchanges which are compatible with SEC. KIT will be available for change to cash or other cryptocurrencies. Kittoken will build the gap between merchant and users. Kittoken owners will earn 3% to 5% annualy.
Structure and design of KitToken
The whole architecture and design of the KitToken is built on the Ethereum, block chain based distributed platform and smart contracts. By using this effective and valuable architecture, company minimizes any possible attack on the coin. All the applications on this platform are built on the Truffle (https://github.com/ConsenSys/truffle).
Truffle is an environment for development, testing and asset pipeline for Ethereum.
• Built-in smart contract complication, linking and binary management.
• Configurable built pipeline with support for custom built processes
• Network management for deploying to many public & private networks.
The communication between the web applications and Ethereum blockchain is handled by the Web3.js framework. Web3.js framework is the Ethereum comparable JavaScript API, which implements the Generic JSON RPC spec. The communication layer between the front-end application and KitPay is implemented using Node.js. The Node.js application is communicating with KitPay through IPCs (Internal Procedure Calls). The Node.js application is sharing the same server with KitPay.
KITPAY
Kitpay is a part of Kittoken Project and it is a wallet service for ERC 20 tokens. Kitpay is an application which can be downloaded to smart devices from android and ios markets.
Customers can use Kitpay in 4 categories :
· ERC 20 Token Wallet
· Paper Wallet
· FIAT to Cryptos
· Single Adress Accounts
Strategies of KitToken
Building the gap between merchant and users
To create a community of merchant and users; including goods and service providers,medical services,air travel and hospitality as well as educational services to accept KitToken as mode of payment worth 1.5 trillion.To create Malaysia’s first hybrid crypto wallet platform known as kitpay.
Awareness and Recruitment
To create and promote awareness among KitToken holders through airdrop and incentive scheme.To recruit 1 million regional KitToken holders and facilitate peer to peer money transfer worth 2.5 trillion.
Profits and network expansion
To create unique high value projects which shall contribute to the kittoken owners’ earning worth 3 to 5% annually.To expand the network of users by branding and aggressive promotion.
Features of KitToken
Secure and definite environment
Connects merchants and individuals
Low fees,fast and reliable transactions
Sharing of profit among holders
Strong asset backed business activities
Self-governing technology and global remittance
Motivations of Kittoken
• Present Condition of Cash
Cash remains the dominant force in any economy.It will have a change at all times. And this is what which paved way for the existence of an updates and new version of payment method the kitpay method.
• Necessity of KitPay
In future Kitpay technology can allow better development of financial transactions to meet he demand for new currencies. It enables faster and quicker as well as safer means of making payments.
• Crypto Regulations
Convergence to digital currency disruptive era is accepted by regional Asian Countries where most countries are developing regulatory guidelines for utilizing cryptocurrency as a mode of payment.
• Crypto Regulations
Convergence to digital currency disruptive era is accepted by regional Asian Countries where most countries are developing regulatory guidelines for utilizing cryptocurrency as a mode of payment.
Token Information
Token name : KitToken
Symbol : KIT
Decimal : 18
Cost per token : $0.05
Total Supply : 8 Billion
For Reserve : 2.5 Billion
For sale : 3.5 Billion
Airdrop+Bonuses : 2 Billion
Contract Address :
0x080eB7238031F97Ff011e273D6CaD5ad0c2dE532
ICO and Pre-sale information
Early Bird sale event
20th to 25th July (Bonus 70%)
26th to 31st July(Bonus 50%)
ICO sale
1st phase -August 1st to 10th (Bonus 30%)
2nd phase-August 11th to 20th (Bonus 20%)
The KIT token was developed on Ethereum platform and it’s an ERC 20 token. It has been made an Early Bird Sale event between 20th – 25th July with a bonus of 70% and 26th to 31st July with a bonus of 50%. On first of August to the 10th of August 1st phase of ICO sale and 11th August to 20 August 2nd phase of ICO sale will take place. 1st phase will provide a bonus of 30% and 2nd phase bonus of 20%.
If you want to learn more about Kittoken Project, you can use links listed below. I wish you great earnings on the markets. See you in another review.
More Information :
Website: https://kittoken.net
Telegram: https://t.me/kittokenofficial
White Paper: https://img1.wsimg.com/blobby/go/030bdbd0-d698-4aa3-ba4d-d2bc680f2ec9/downloads/1chf5j90p_313571.pdf
Twitter: https://twitter.com/TokenKit
Facebook: https://www.facebook.com/KitTokenOfficial
Medium: https://medium.com/@kittoken.official
Btt Ann: https://bitcointalk.org/index.php?topic=4557979.msg41057899#msg41057899
Created by :
Username bitcointalk : sined07
Profil bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2005182;sa=summary
Ethereum Wallet Address : 0xa8Cc05bB99348d4ccBE3604b5923140DE8D90912
