Review ICO: Introduce the Kubitx project and update the new information

Hi all

Today I will introduce you Kubitx project

Very potential project on coin trading floor

KuBitX — THE STORY SO FAR

We’re looking forward, We’re not looking back — LeRoy Cain

First off, a huge thank you to all who have participated in the private round of our token generation event which culminated in the glorious achievement that we have now reached our soft cap in record time. What started as a dream for a whole new system to boost emerging financial markets is now beginning to take shape and come to life. We recognize that we cannot rest on our oars and will continue to intensify our efforts as we commence our (soon-to-be-announced) public round of our token generation event.

Today we bring you a recap of our journey so far as well as exciting new updates.

Team: We have grown a pan African core team and on-ground Global Channel Ambassadors spread across about 9 countries Zimbabwe, Angola, Nigeria, South Africa, Ghana, Kenya, Uganda, Botswana, Canada, UK and across a wide spectrum of professional space from AWS, Microsoft, Dell, EMC, British Petroleum, Huawei, PwC, MTN as we continue to gain increased market coverage.

Product and Rollout Plan: Our much awaited MVP which is set to eclipse other exchange platforms in the market today is now ready. The prototype Demo can be viewed at

First rollout spot for crypto to fiat withdrawals and bill payments is Nigeria — a suitable destination to test our platform as the Country boasts the largest population and active youth with massive crypto adoption ranking sixth globally.

Exchange Beta Test: Registration for Beta users 06/10/2018

Beta Test start 11/10/2018

Beta test finish 15/10/2018

Beta Launch Date: One week after test is complete

Partnerships: Over the course of several months, the KuBitX team have researched and reached out to a host of top companies and bodies for potentially ground breaking collaborations. We have so far sealed partnerships with NEM Foundation, Interswitch International (major payment switching company for 99% of the Nigerian banking sector with presence in Kenya, Uganda, The Gambia), Modulus Global (Our Exchange Technical Partner), WDM International (our Legal partner) and others yet to be announced.

Conferences: To further boost our reach and develop our community, we have participated in several conferences such as GBC by UMS in Johannesburg the Sandbox Event in Nairobi, Zimbabwe Insurance and Pensions Commission (IPEC) conference, Cheetah Africa Fintech and Blockchain Conference in Nigeria, Black Blockchain Summit held in Washington D.C, Ripple Swell 2018 in San Francisco and many others.

Victor Akoma-Philips — COO KuBitX — Black Blockchain Summit

Community Incentive: We continue to display a strong sense of gratitude towards all those that have invested time, money and other resources in spreading the word about our project via our referral program. But look out for even more incentives from us in the future.

AMA session: A productive AMA session was held on 24th of August 2018 where we engaged with our community members via a question and answer session. If you missed it, you can still catch up medium.com/@kubitx/kubitx-live-telegram-ama-f5eada34f42e .

Finally, we want to extend our congratulations to all of us who have been part of this incredible journey. Stick with us. Together — our meteoric rise is sure.

WHAT IS THE CONCEPT?

We aim to offer a one-stop platform for our users. Many countries and citizens have been left behind in this new revolution called blockchain we will connect those dots and offer an excellent service using the top global organisations best practice.

What is Kubitx???

ADVANCED PLATFORM

KuBitX is one of the most advanced and robust digital currency trading platforms designed in a very user-friendly manner to enable people from all regions and backgrounds get a stronghold of the ideas revolving around the Blockchain and the digital currency space. It is built to transact at 12 million transactions per second. Avoiding exchange crashing, creating more to trade at faster speed.

SECURED WALLETS

Contained within the KuBitX ecosystem are the KuBitX Trade engines, the secure KuBitX wallets, and an advanced Admin dashboard for regulating the activities within the Trade Exchange.

FOR BUYERS AND SELLERS

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

EDUCATION

Emerging markets need more awareness on digital currencies. KuBitX education focus will drive more literacy levels in emerging markets with on the ground seminars and workshops. Currently in Africa, only 4% of the continent is engaged in Digital currencies. KuBitX focuses on heavy education campaigns that will infiltrate emerging markets. There are 10 big emerging markets and economies in the world.

LANGUAGE DIVERSIFICATION

KuBitX has identified that language barriers becomes issue for customer support, as a result - poor customer support ratings happen. At KuBitX, our global channel ambassador program will ensure that we have local dialect presence in each country so that customer support experience can be heightened and turn around time can be faster for responses.

FASTER TRANSACTIONS PER SECOND (TPS) SPEED

KuBitX competes with global rivals with current exchanges doing about 1.4 million transactions per second. KuBitX is built to trasact at 12 million transactions per second. Avoiding exchange crashing, crea

HOW KUBITX WILL BENEFIT YOU?

HIGH SCALABILITY

Our platform is highly scalable, ready to accept new features to improve our users trading experience.

SECURE

We have made an extensive benchmarking with the current platforms, which allowed us to take few steps ahead, plus our security team comes from top organisations.

BLOCKCHAIN

Our token is initially based on the Ethereum blockchain. We plan to launch our own chain in the near future which will then be very useful to many cases such as the most common social, utility, administration, and governance problems in developing countries.

ECOSYSTEM

As strong believers in peer to peer payment ecosystems, we believe that traditional financial systems will eventually be replaced partly due to continuous broken trust, censorship and a growing enlightenment of the populace.

LOW FEES

Our fees are the lowest around, it is even lower when you choose to use our native token the KBX for fees payment. Trading fee on KuBitX exchange is 0.05%, however, the users opting to use KuBitcoin(KBX) tokens as a method of payment of trading fee will get a discount of 25% compared to the original trading charges.

Trading fee = 0.05%
Trading fee using KBX token= 0.0375%

MINIMIZED RISK

Our multi-signature wallet and cold storage strategy will minimize the exposure of our trader’s funds. We have combined various strategies to secure the funds traded on our platform.

ABOUT KBX TOKEN

Ticker: KBX

Token Type: ERC20 (Ethereum)

Decimal: 18

Total Supply: 500,000,000

Currencies Accepted: ETH

Cap: $12.5 million

TGE Details

Seed Round: Complete.

Pre-Public Round: 16 July - 31 August, 2018

Public Round: TBC

ROADMAP

TEAM

Eric Annan

Co-Founder, CEO

Entrepreneur/Blockchain Educator. Blockchain/digital currency Advocate and Educator. Certified Bitcoin Expert. Founder of Digitalkudi.com digital currency trading platform in Nigeria and Ghana. Former Lead Technical Account Manager at Huawei Technologies

Juliana Mwangi

Lead, Finance Team

Juli is a certified and professional accountant practicing in Nairobi, Kenya. With over 8 years’ experience, she has worked with Procter and Gamble, USAID and led some medium sized teams to deliver huge projects in the Eastern part of Africa.

Amadeu Alexandre

Co-Founder, Lead IT Operations

Amadeu Alexandre is an IT professional and blockchain evangelist with cross-industry experience which spans over 9 years with main focus in Information Technology and Oil & Gas having both offshore and onshore experience in multicultural environment. He is also an active digital currency trader and the co-founder of AngoBit, the first Angolan B2B trading platform. He currently works with British Petroleum in Angola and is an active member of the Angolan digital currency Community.

Victor Akoma-Philips

Co-Founder, Chief Operating Officer

Blockchain consultant and entrepreneur. 18+ years experience in managing multi-million dollars programs and ICT consulting experience with DELL, EMC, VCE, Cisco, MTN, and Huawei. Master of Business Administration (MBA) Finance. Successfully delivered one of the first SIM Registration solution for one of the largest telecoms Company- MTN with over 60 Million subscribers. Led Data Center Build for Uganda Revenue Authorities - URA and other Global Projects in the Americas.

Victor Olorunfemi

Lead Trade and Product Development

Technology Consultant at PwC. Over 8 years experience in Audit and taxation. Works with PwC as Technology Consultant for 8 years where he built a number of internal business tools and facilitated the adoption of new technologies to improve work efficiency. He led the team that designed and developed the tax system ency-clopedia for one Africa’s largest countries. He is a technology enthusiast and an active digital currency trader.

Binod Nirvan

Chief Token Strategist and Smart contract professional

Smart Contract Auditing, Solidity Ninja, ICO Marketing Consultant, Private Investment Advisor.

Thomas Enechi

Lead, Global Payment Strategy

Thomas is a Co-Founder, ICO Investor and a Blockchain Advisor. He holds an M.Sc. in Information Technology and a First Degree in Electrical and Electronics Engineering. He is a Blockchain Enthusiast and a digital currency Investor. An alumnus of Lagos Business School where he studied Strategy; Mastering Blue Ocean Strategy. He holds a Telecoms Mini-MBA from Informa Telecoms and Technology Academy, United Kingdom. With about 15 years of extensive experience in the Telecommunication and Information Technology industries both in Nigeria and abroad, he is a strong believer in the power of Blockchain and the frictions it resolves worldwide. Among other businesses, he is the Chief Operating Officer of LIFTIX LLC; a Blockchain StartUp based in Lagos, Nigeria, owners of the VITR Identity Verification Network (VTK). Thomas is a Member, Board of Directors at International Decentralized Association of digital currency and Blockchain - IDACB and Country Manager, European Chamber of Distributed Ledger Technologies and Digital currencies - EUCC.

Obi Ezenwugo

Lead, Community Management

Blockchain and Digital Assets enthusiast. An experienced Community Manager. Have managed extremely successful token sales across diverse regions. 13 years Project management experiences across various organizations including ABB and Nairda. Founder and CEO of AGES limited in Nigeria.

Ebuka Ezewuzie

Lead, Web & Digital Solutions Architect

Ebuka has 11 years of experience in Banking industry, United Nations Foundation, Telecoms industry and IT Consulting, architecting, designing and delivering Digital and FinTech solutions, as well as collaborating with Regulatory bodies and industry communities in developing guidelines and policies. He has functioned as an Enterprise Architect, Solutions Architect, Integrator and Developer over the years, and has successfully implemented diverse technology solutions. He currently works as an IT Enterprise Architect (eCommerce & mCommerce) in one of the largest Telecoms provider in Africa, leading the technology evolution and delivery of Payments solutions, Mobile Money and eCommerce solutions to over 60 million users. He holds an MBA, and with various tech certifications and qualifications. He is a Blockchain enthusiast and a Blockchain engineer, and is involved in blockchain implementation projects.

Charles Meruwoma

Lead, Infrastructure and Capacity management

Cloud and Enterprise Infrastructure Expert. Charles supports Amazon Web Services in the Cloud support division. With over 14+ Years in the Infrastructure space, Charles possesses a rather in-depth knowledge of the Virtualization and Enterprise capacity planning and Management, and also recently, with the Blockchain architecture.

Ayokunle Ajayi

Lead, Exchange and Cyber Security

With over 8 years experience in advanced Cyber Security and currently an Information Security consultant, Blockchain enthusiast and Tech-head. Currently leads a Team to deliver and manage complex defense security projects in one of the largest Telecom provider in Africa.

Zulekha Cara

Lead, Global Channel Ambassadors Initiative

Entrepreneur and early digital currency adopter and advocate. digital currency trader/miner, ICO advisor and Blockchain consultant. Founder of CryptoTraders Za Pty Ltd, a leading digital currency training provider in South Africa. She majored in Finance and Economics at the University of Cape Town and holds an honours degree in Financial Analysis and Portfolio Management. She has worked at a top South African bank and as a Business Process Analyst for a large FMCG organisation.

Subramanian Venkatesan

Lead, DApp, Smart Contract Developer

Ethereum Smart Contract Developer, writes smart contracts for token sales (ICOs, ERC20, Vesting). Also teaches people ethereum programming at the local meetups in Toronto.

ADVISORS

Domenic Thomas

CEO, Worbli (FSP-Financial Services Platform division)

CEO, World Blockchain Initiative (Worbli.io), Leads the Financial Services Division for KuBitX

Raj Ravindran PhD

Capital Markets and Trade Advisor

Raj is the co-founder of “ThinkingNorth”, a venture capital platform that connects entrepreneurs to the capital markets. He is also the EVP at Ensign Capital, an Exempt Market Dealer that provides capital market advisory and Capital raising solutions to emerging private and public companies. For the past three years, he has been actively involved in the Blockchain space and truly believes the disruptive nature of technology and he is a director and VP business development at Coinstrike Inc. a Blockchain company. Raj holds a Masters in Chemical Engineering (Oil & Gas Synthesis) from Moscow, Russia, PhD in Industrial Organizational Economics also from Moscow, MBA in finance from a Canadian University and a Charter Financial Analyst designation.

Jonathan Giovanni PhD

Legal Advisor, Malta

Partner at WDM International | Non-Executive Director | Malta Citizenship & Residency Approved Agent | Tax Consultant.

Peihan You

Asian Market Advisor

Digital Service and Marketing Expert. Blockchain enthusiast. Over 12 year’s global experience in marketing, project management and digital service. Former lead of Huawei Technologies Digital Services. Successfully designed and implemented some of the most innovative and successful digital services across Africa, Middle East and Asia. Equipped with an MBA from the University of Liverpool and Executive Education from the Harvard Business School.

Richard Gardner

Exchange & Security Advisor

CEO Modulus Global CEO, Modulus, High-Tech Software Developed for NASA, IBM, Microsoft, Shell, BOA, NASDAQ, Yahoo, Siemens & more

Grant Gulovsen

Legal Advisor, Americas

Grant is an Illinois-licensed attorney with over 15 years' experience in entertainment, employment, contract, corporate and intellectual property law. LinkedIn He started investing in Bitcoin in 2013, and is currently a Member of International Blockchain Consulting Group's Blockchain Leadership Team. He regularly advises ICOs about U.S. securities laws and has drafted/contributed to several whitepapers. He also co-founded Antipodal Talent 美中人才, which is a talent management agency for Chinese Internet celebrities.

Jack Zhou

Online Engagement Advisor

Founder of Peak Technology which owns one of the biggest overseas Chinese online community in Australia and NZ with over 600,000 members and over 80,000 daily active users. Jack has rich experience in community management, internet technology. Back up with over 4 years experience with IBM and Siemens and a masters degree from the University of Wollongong in Australia. Jack will help us taking KubitX to a new heights.

Alakanani Itireleng

Blockchain Awareness and Education Advisor

Alakanani Itireleng is the founder of a blockchain hub in Botswana called Satoshicentre (satoshicentre.tech). She founded the centre where she currently works with developers to try bring the understanding of Bitcoin and the Blockchain technology, and thereby getting the developers in Botswana involved in this technology by working to bring solutions to the problems that are faced by Africans in every day life. The centre is currently building a croWdfunding platform on the blockchain for startups in Africa. What started only as a passion and love for Bitcoin turned into a lifestyle of adopting the blockchain technology as one of the technologies that if used well can be of great importance to the problems we face in africa from from vote rigging to land registration. She is also a well known bitcoin evagelists who since 2013 has been involved in teaching people in her country about bitcoin and blockchain, and has spoken about bitcoin and blockchain in various tech conferences.

Ugo Nduaguba

Strategic Advisor

Ugo Nduaguba is a seasoned ICO investor and advisor. He is a co-founder of Cryptocollective - a company that specializes in ICO advising and Masternodes. Ugo is also part of the "Diary of a Made man" series, which is a blockchain based show that shows the in and outs of key decision making within the blockchain industry. A former financial analyst and options trader, Ugo brings a strong financial acumen to the digital currency industry with an emphasis on token metrics and profitability.