KitToken

The modern world is steadily moving towards a new financial ecosystem. New ideas and technologies are being introduced to replace traditional financial instruments. Most financial institutions are moving to a blockchain platform. Many startups have picked up this trend and now offer their developments that improve payment procedures and allow you to control your finances without intermediaries.

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 $.

All funds raised will be distributed as follows:
45% - Developers;
20% - R&D;
15% - Marketing;
10% - Team and advisors;
10% - Reserve.

TOKEN SALE DETAIL

first tenth August 2018 (ICO stage 1)

Reward KitToken: 30%

eleventh – twentieth August 2018 (ICO stage 2)

Reward KitToken: 20%

Delicate Cap: $5 Million USD

Hard Cap: $175 Million USD

Least Contribution: 0.2 ETH or $100

*Refer individuals to purchase KitTokens and get 5% referral reward

Task COST

Pre-task and Operating expenses= $2.5 million USD

Travel Agency= $4.25 million USD

100 Laundromats= $5 million USD

Oil bunkering= $10 million USD

Neuroscience center= $127.5 million USD

Kitpay vendor integration= $25.5 million USD

Advanced education programme= $75 million USD

Versatile outlets= $5 million USD

Because of the idea of KitPay business, it has a long traverse guide scopes of the idea plan, through the starting of KitToken ICO occasion, down to posting in more trades and propelling of more super tasks later on.