KuBitX Exchange - Info Sheet & Pledge Form
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HIGHLIGHTS
* KuBitX is looking to become a Coinbase of Africa with Binance token utility model.

* Targeting untapped, high potential, demographic in the third world countries to gain easy access to cryptocurrencies.(African continent is unexplored, untouched and unexploited as far as cryptocurrency or Blockchain innovation is concerned and Africa with its over 1.2 billion population presents a huge market to this new technology).

* The team is experienced with significant work experience from Fortune 500 companies (Google, Amazon, Dell, PWC, Huawei, ABB, MTN, etc.)and “Big Four” consultancy firms.

* 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.

* Ultra-high performace - more than 12 million transactions and orders per second with latency of 40 nanoseconds (see more below)

* Regulatory compliant and regulatory ready exchange! (Registered in Malta)

* First Cryptocurrency Exchange with an in-built Financial Services Provision.Productive talks with some banks in Africa and laying the groundwork for some banks in Europe as well. Our goal is to make sure that crypto-fiat conversion issues are a thing of the past for our customers.This entity will provide all of the traditional banking services and more (see more below).

* Partnered with Modulus global (https://www.modulusglobal.com), giving their track record and being a world leader in trade and exchange software technology. For more than two decades, Modulus has provided advanced technology products and services to clients including The NASDAQ Stock Market, J.P. Morgan Chase, Bank of America, Credit Suisse, Barclays Capital, Goldman Sachs, Merrill Lynch, Fidelity, TD Ameritrade, Devon Energy, IBM, Microsoft, Yahoo!, Google, Cisco, Adobe, Ford Motor Company, SAS Institute, Rutgers University, University of Chicago, MIT, Oak Ridge National Laboratory, NASA, and thousands of other corporate, educational, governmental, and non-profit institutions, throughout 94 countries.

* Partnered with the leading payment processor in Nigeria (Interswitch) in order to have seamless conversion of crypto to fiat in our flagship rollout countries, They provide the required gateway/API for fiat-crypto-fiat transactions/conversion in Nigeria and some other African countries.

* Partnership with NEM (https://nem.io/)

PROJECT & POOL INFORMATION
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📍>>> PLEDGE ABOVE <<< 📍
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⚠️PRIVATE SALE STAGE ALLOCATION⚠️ NO KYC DATA WILL BE SENT TO THE PROJECT

 
➡️Website: https://kubitx.io/

➡️Twitter account: https://twitter.com/kubitx

➡️Telegram: https://t.me/kubitx_official, https://t.me/kubitx_ann

➡️Facebook: https://www.facebook.com/kubitx/

➡️Reddit: https://www.reddit.com/user/kubitx

➡️Github: https://github.com/KuBitXExchange

➡️LinkedIn: https://www.linkedin.com/company/kubitx-exchange/

➡️Bitcointalk forum: https://bitcointalk.org/index.php?topic=4628365

➡️YouTube: https://www.youtube.com/channel/UCm6o0xRXXlrPR0-OqcBwXOA

➡️Instagram: https://www.instagram.com/kubitx.exchange/

➡️Medium: https://medium.com/@kubitx

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✳️ ABOUT THE PROJECT:

* Whitepaper: https://www.kubitx.io/wp.pdf

* KuBitX is one of the most advanced, robust and hybrid cryptocurrency trading platforms designed in a very user-friendly manner to enable people from all regions and backgrounds get a strong hold of the idea revolving around the Blockchain and the Cryptocurrency space.

* By targeting even the remotest of the people for their inclusion in the cryptocurrency market, our goal is to become one of the most diverse cryptocurrency marketplaces for buyers and sellers.

* KuBitX is looking to become a Coinbase of Africa with Binance token utility model.

* Targeting untapped, high potential, demographic in the third world countries to gain easy access to cryptocurrencies.

* The team is composed of 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.

* 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.

PRODUCT
*KuBitX is at the stage where they have MVP ready!

*Check out their prototype video walkthrough: https://www.youtube.com/watch?v=SqWaO36MYkU


➡️ KuBitX Ecosystem contains;

● KuBitX Trade engines

● Secure KuBitX wallets (various cryptocurrencies, more than 1,500)

● Advanced Admin dashboard for regulating the activities within the Trade Exchange.


➡️ Some of the key solutions they are bringing to the table are;

● They are targeting the remotest of the people to provide accessibility and inclusion in the Cryptocurrency market in Africa and the emerging markets.

● Providing the channel for remittances from across the globe using our platform and our native token - the KBX, thereby cutting down on the time and cost for this service.

● Payment and banking solution that uses blockchain to provide financial simplicity.

● Education of the masses targeting the grassroots for literacy and adoption.

● When compared to other cryptocurrency exchanges that are in existence now, KuBitX is set to be far better as we are building a trade engine that far out performs them in terms of transaction per seconds, security and other features that do not exist in any of them.


➡️ These are some of the advantages of our exchange:

Performance:

● Our exchange processes up to 12+ million Transactions Per Second TPS. (Others are at about 1.4mil TPS)

● Our exchange matches up to 12+ million orders per second.

● The latency of transactions on our exchange is as low as 40 nanoseconds.


➡️ Technology:

● Most advanced technology in trade engine development implemented.

● Our exchange is powerful, robust, and secure.

● Our exchange is carefully built with regulatory compliance as key priority. KuBitX exchange is the most future ready and the most regulation ready exchange.

➡️ Features:

● First Cryptocurrency Exchange with an in-built Financial Services Provision. We are already in productive talks with some banks in Africa and are currently laying the groundwork for some banks in Europe as well. Our goal is to make sure that crypto-fiat conversion issues are a thing of the past for our customers. This entity will provide all of the traditional banking services and more:

○ Funds transfer (wire and peer-to-peer)

○ Payment processing

○ Merchant servicing

○ Debit cards

○ Bill payment

○ Checking

○ Savings

○ Issuing credit


● Our exchange features trade surveillance based on machine learning.

● Our exchange monitors for market manipulation using machine learning.

First Crypto Exchange with a unique product and Initiative to keep the exchange close to the people by having a strong channel system to drive education and adoption for the emerging markets.

UNIQE SELLING POINT - ISSUES REVOLVING AROUND INCLUSION IN THE EMERGING MARKETS
Traditional banks are still struggling to reach the unbanked across Africa. In 2014, a staggering 66% of Sub-Saharan Africans did not have bank accounts. The small size of national markets, a lack of financial literacy, low-income levels, political instability and weak judicial systems have created a constrained African banking system.

And banks continue to rely on traditional banking models of branch networks, expensive technology, inadequate systems and a limited talent pool. As per the latest reports issued by the World Bank in August 2017, around 2 billion people were unbanked across the world.

Cryptocurrency can bridge the gap and play a vital role in the financial inclusion of people who are still unbanked. The global adoption rate of cryptocurrency is still below 3% implying that there is still a lot more room for growth and as more tokens are created, they will need to be listed in Exchanges. So there is still a demand vs. supply gap of cryptocurrency exchanges.

The market is ripe for Cryptocurrency as witnessed this past year. Exchanges such as Binance, Bittrex, and many others had to halt registration of new users because they could not handle the ever-increasing traffic with their current infrastructure. More education still needs to be imparted to educate more people. KuBitX is committed to doing so by having structures in place such as having Country Ambassadors in various African countries who will create awareness as well as educate, they will conduct meet up’s for those activities.

The current population of Africa as a whole stands at 1.28 Billion which has a growth rate of 2.52% yearly. This huge market serves as the target market for the Vision and Mission of KuBitX.

The traditionally unbanked of Africa are devoid of a strong financial footprint but the optimism shown towards cryptocurrency by these people promises a better future financially. The cryptocurrency market currently has a market capitalization of $220 billion which is expected to rise up to $1 trillion2 by the end of 2018 as per market experts.

This not only shows the overall growth potential that the cryptocurrency market has, but also the role emerging African markets would play in contributing to this growth. We aim to begin our journey by reaching out to people in the flagship countries of South Africa, Nigeria, Zimbabwe, Kenya, Ghana, Angola and Uganda aiming to reach a market share of 1-10 million users in the first three years of operation. Achieving such levels of mass adoption, we aim to provide access to financial services to a large section of the African population thus promoting the overall economic growth of the Continent which would thus lead to a better quality of life.

KuBitX BUSINESS MODEL
The KuBitX business model consists of revenue streams coming from commissions on market trading and management fee.

➡️ 1. 25 % discount on using the KuBitcoin (KBX) token – KuBitcoin (KBX) tokens have the utility of acting as a method of payment for the trading fee. Plus, the users opting to use KuBitcoin (KBX) tokens as a method of payment of the trading fee will get a discount of 25% compared to the original trading charges.

➡️ 2. Payment processing fee - KuBitX will offer direct withdrawal to the bank account of a user requesting liquidity in fiat by enabling them to exchange KuBitcoin (KBX) tokens for Fiat on the levy of a Payment Processing fee of 2.5%.

SECURITY MEASURES
KuBitX has identified and reviewed the industry best practices in terms of security measures and designed our platform to include top-level security features to safeguard both the client’s funds and trading operations from hostile penetration attempts. Some of the key security features include:

* Secure cold storage with cold wallet management Cryptocurrency Security Standard (CCSS).
* Third-party security line by line code audit.
* Blacklist feature in token contract is implemented in case of theft or hack
* Insurance of online/hot wallets.
* Up to 3-Factor Authentication.
* Multi-Firewall Protection.
* DDoS prevention.
* OWASP Top 10 Compliant.
* Extended Validation SSL Certificate.

TEAM & ADVISORS
KuBitX has assembled a team of professionals from various multinational organizations, (fortune 500 companies, and “Big Four” consultancy firms, such as Google, Amazon, Dell, PWC, Huawei, ABB, MTN, etc.) who have one purpose of collaboration and partnership to bring to the world, the fastest, transparent and all-inclusive exchange.

✳️ LEAD TEAM:

* Eric Annan - Co-Founder & CEO (Huawei Technologies)
* Juliana Mwangi - CFO ( Procter and Gamble, USAID)
* Victor Akoma-Philips - COO (DELL, Cisco, MTN, and Huawei)
* Amadeu Alexandre Filipe - Co-Founder, Lead IT Operations (AngoBit)

✳️ ADVISORS:

* Grant Gulovsen - Legal Advisor (International Blockchain Consulting Group)
* Richard Gardner - Trade and Exchange Advisor. CEO Modulus Global (High-Tech Software Developed for NASA, IBM, Microsoft,Shell, BOA, NASDAQ, Yahoo, Siemens & more)
* Domenic Thomas - World Blockchain Initiative (Worbli.io)
* and more...

✳️ 15% of team tokens will be released after three months from the end of public round of TGE, 85% of team tokens will be locked for 2 years after which there will be gradual release of the tokens over a period of another 2 years.


TOKEN METRICS & POOL TERMS
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✳️ TOKEN METRICS:


➡️ Token KBX (Kubitcoin)

➡️ The total token supply is 500 mln KBX

➡️ Price 1 KBX = $0.056

➡️ Bonus: 10 %

➡️ Platform: Ethereum - ERC 20 token

➡️ Accepting ETH

➡️ Hard cap: $12.5 mln

➡️ Unsold tokens will be burned


✳️ POOL TERMS:

Inflow-Crypto Club will offer 0% fee for the investors!

*only the Primablock fee of 0.5 %

➡️ MIN INVESTMENT: 0.15 ETH

⚠️ MUST STAY PRIVATE WITHIN OUR GROUP! DO NOT POST THIS TO OTHER GROUPS! ⚠️
Ask questions about our deals only in our ICC platform chat, Telegram group or write us on info@inflow-crypto.club.

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📍>>> PLEDGE ABOVE <<< 📍
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