Review - KitToken (User Driven Cryptocurrency of the Future)
What is KitToken?
Global trend of financial eco-system has evolved to a stage where blockchain technology has taken penultimate position as the driving force. The current scenario of emerging innovate technology such as blockchain technology, advancement in fintech, efficient, fast, secured, reliable and low-cost fund transfer as well as the utilization of cryptocurrency by the masses. It is just in time for financial industry to embrace the wave of change as the way forward.KitToken is subjected to develop a sustainable and stable financial ecosystem based on blockchain.It utilizes value transfer protocol to achieve the transfer of payments from one person to another on peer to peer basis. It also aims at building a decentralized platform for achieving faster and quicker transactions across the borders. It also uses the world's top most security systems to make sure that its financial ecosystem is fast as well as secure
How does KitPay Work?
KitPay works as centralized server within a decentralized blockchain infrastructure in a connected to network. KitPay will allow users to own a wallet which stores, transfer and trade KitToken in daily conventional economic activities. KitToken holders benefit from convenient utilization and appreciation of KitToken value. Ultimately, via a Point of Stake (POS) Scheme, KitToken holders receive profit sharing from KitToken Inc. business activities.
Why KitToken
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
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
Contract Address
0x080eB7238031F97Ff011e273D6CaD5ad0c2dE532
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%)
26th to 31st July(Bonus 50%)
ICO sale : 1st phase -August 1st to 10th (Bonus 30%)
2nd phase-August 11th to 20th (Bonus 20%)
Road Map
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 walletEstablishment of Technical partners
- APRIL 2018
Establishing KitToken alpha platform and whitepaper preparation
- JULY 2018
World crypto asset blockchain alliance ASIA summit on July 7th,2018Kit Token airdrops and establishment in all possible social mediaLaunch of KitToken pre-sale on July 20,2018
Q2&3 of 2018
- AUGUST 2018
Launching of KitToken ICO1st - 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 partnershipsExposing KitToken actively through international forum
2019 and 2020
- Q1
Launching KitToken.Inc travel and tour projectPartnership with local and international bankListing on major exchange
- Q2
Launching KitToken Neurosciences ProjectListing on major exchange
- Q3
Launching KitToken Petroleum Bunkering ProjectListing on another big exchange
- 2020
Launching More mega projects in futureListing on nearly 25 big exchanges
for more information on this project, visit the following links:
Website: https://kittoken.net
White Paper: https://img1.wsimg.com/blobby/go/030bdbd0-d698-4aa3-ba4d-d2bc680f2ec9/downloads/1chf5j90p_313571.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4557979.msg41057899#msg41057899
Twitter: https://twitter.com/TokenKit
Facebook: https://www.facebook.com/KitTokenOfficial
Medium: https://medium.com/@kittoken.official
Author :
Bitcointalk name : ayumichia
Bitcointalk profil :https://bitcointalk.org/index.php?action=profile;u=1427084
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