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in #blockchain • 6 years ago

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KitToken develops a financial ecosystem based on blockchain

With the development of the financial economy has led to the stage where blockchain technology is considered as the driving force of current economic growth. So technology has innovated like blockchain technology, where progress in transferring funds is efficient, fast, safe and reliable. Just in time for the financial industry to embrace the wave of change as a way forward. by developing a sustainable and stable eco-financial system based on the blockchain. To achieve the transfer of payments from one person to another, peer to peer can use the KitToken protocol by transferring values. By having the goal KitToken will build a decentralized platform to achieve faster and safer transactions.

The presence of Cryptocurrency has been able to present a digital alternative that is easy to use for fiat currency. By offering a variety of transactions without friction and inflation control, this can make investors feel confident that this platform is promising so they want to add this currency to a portfolio that has been verified as for their assets because market size does not represent systemic risk. Cryptocurrency uses cryptographic usage which guarantees a high-security process and verifies personal transactions for each user. Therefore, counterfeiting and anonymous transactions are not possible.

What is KitToken

KitToken is a financial system that can manage itself with P2P transactions based on an open-source platform called KitPay. KitToken as an Organic Profit Sharing Utility is committed to developing a financial ecosystem based on blockchain.

KitToken Strategy

KitToken Strategy

KitToken is here to be able to bridge the gap between traders and users to make the merchant community and users including providers of goods and services, medical services, air travel and hospitality as well as education services to receive KitToken as a payment method worth 1.5 trillion.

KitToken Motivation

  • Current Conditions of Cash
    Cash remains the dominant force in any economy. The money will always change at any time. And this is what opens the way for updates and payment methods for the new version of the Kitpay method.

  • KitPay needs
    In the future, Kitpay technology will make it possible to develop in the area of financial transactions to be even better and to fulfill its demand for new currencies. This allows faster and faster and safer payment methods

  • Crypto Regulations
    Most countries are developing regulatory guidelines for using cryptocurrency as a method of payment.

Technology

Kitpay is part of the KitToken Project and this is a wallet service for ERC 20 tokens. Kitpay is an application that can be downloaded to smart devices from the Android and iOS market and this can make it easier for users.

Customers can use Kitpay in 4 categories

  • ERC 20 Wallet Tokens
  • Paper Wallet
  • FIAT to Cryptos
  • Single Adress Accounts

By using the KitToken protocol to achieve the value of transferring payments from one person to another in peer to peer. This decentralized platform also aims to achieve faster and safer transaction levels. Ecosystems will provide the financial industry with features such as:

  • A safe and secure environment
  • Link traders and individuals
  • Low cost, fast and reliable transactions
  • Profit sharing among holders
  • Business activities supported by strong assets
  • A technology of self-regulation and global money transfer

Token Sales Information

  • Token name: KitToken
  • Symbol: KIT
  • Decimal: 18
  • Cost per token: $ 0.05
  • Total Supply: 8 Billion
  • For Reserves: 2.5 Billion
  • For sale: 3.5 billion
  • Airdrop and Bonus: 2 Billion
  • Contract Address: 0x080eB7238031F97Ff011e273D6CaD5ad0c2dE532

KitToken ICO

The Kittoken project is named Kittoken and has the symbol of KIT in the crypto market and has a total supply of KIT of 8 billion. 3.5 billion of the total supply will be available for sale and the rest of all tokens will be 2.5 billion for reserves and 2 billion for air drops, prize and bonus programs.

KitToken is developed on the Ethereum platform and they are ERC 20 tokens. Early Bird Sale events have been conducted between July 20 to 25 with 70% bonus and July 26 to 31 with a 50% bonus. In early August to 10 August phase 1 of ICO sales and 11 August to 20 August, phase 2 of ICO sales will take place. Stage 1 will give a 30% bonus and a stage 2 bonus of 20%.

Type of Token

  • Utility tokens and are now the target of Howey tests.

ICO Information and Pre-sale

  • Early Bird sales event:
    July 20 to 25 (70% Bonus)
    26 to 31 July (50% bonus)

ICO Sales

August 1st phase 1st to 10th (30% Bonus)
2nd - 11th August to 20 (20% Bonus)

Roadmap

2017

  • JULY 2017
    Concept design
    Research on currency markets and transfers between ASEAN countries

  • OCTOBER 2017
    Technical specifications and surveys about user experience in money transfers
    Approach travel agents regarding new, cheap and reliable payment methods

  • DECEMBER 2017
    Building networks between corporate and cryptocurrency networks
    Approaching financial and technical partners
    Building human resource needs for operational needs

Q1 & 2 in 2018

  • JANUARY 2018
    Complete financial procedures needed with local and international agencies

  • FEBRUARY 2018
    Website development and KIT token wallet
    Establishment of Technical partners

  • APRIL 2018
    Set the KitToken alpha platform and whitepaper preparation

  • JULI 2018
    World crypto asset blockchain ASIA Summit alliance on 7 July 2018
    KitToken airdrops and establishment in all possible social media
    KitToken pre-sale launch on July 20, 2014

Q2 & 3 in 2018

  • AUGUST 2018
    The launch of ICO KitToken
    1-10 - I ICO phase (30% bonus)
    11-20 - phase II ICO (20% Bonus)

  • SEPTEMBER 2018
    The launch of KitPay web wallet and Version 1.0 mobile application

  • OCTOBER 2018
    Business development and partnership strengthening
    Expose KitToken actively through international forums

2019 and 2020

  • Q1
    Launching the KitToken.Inc travel and tour project
    Partnerships with local and international banks
    Register on the main exchange

  • Q2
    The launch of the KitToken Neurosciences Project
    Register on the main exchange

  • Q3
    The launch of the KitToken Petroleum Bunker Project
    List on other large exchanges

2020

  • Launching more large projects in the future
    List on almost 25 major exchanges

If you want to know in the KitToken you can go directly to the official website that has been provided to the supporters of this project. Hopefully, you can access the skills from being part of the KitToken project. https://kittoken.net/buy-tokens-now

To add information and find out KitToken, please watch this short video:

Quick Links:

Website
Whitepaper
ANN Thread
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