Topic: [ANN][⭐ICO ended successfully⭐] Bitex – the first locally embedded crypto-bank ⭐ - page 14. (Read 74345 times)

Im happy to be part of this project. Its great that there are so many small investors in the project.

Quite good. I'll keep an eye on this one. This one is really a different project than others. There are some very creative ideas. 

Hello! do you have like an open-source code and stuff? Github maybe?

Hope they will bring the website up ASAP. It will not be a good sign when new shoppers comes in and thought of checking site first thing. Why  briging website up takes more than 1 hour? Doesn't make sense if they are serious.

We are sorry to say we do not have it yet but we have other 12 languages for you.

Project does have some great buzz in ICO market but I have few questions about project.
Your project is nice and seems like a horse of long race. After having a quick look over, it seems to me a nice project lead by blockchain financial experts but how are you going to give tokens utility? I think tokens will become integral part of project.

Are you havinng a airdrop sir? and where i can find information on bounty?

Im happy yo be part of this project. Its great that there are so many small investors in the project.

Yes, I agree, the title is intriguing and it is possible to draw conclusions quite different from those indicated in WP.
When I saw I then thought too that some kind of freebie is planned  Cheesy. In fact, it means that plans to create a platform for crowdfunding, but with a distributed base and its own token.
And as the developers argue, the economic model of ICO will make the process of crowdfunding itself free for those who will post their projects on their platform.

If you don't reach hardcap will you burn the tokens?

Do you have any problems with fishing and scammers. There are a lot of frauders near good projects. Sad but true. In telegram chat I saw few warnings about it.

I think that people invest their money not for the sake of an idea, but for profit. Everyone wants to get rich and buy a Lambo 

https://ico.bitex.global/#team


you can find the team in the above link thank you.

Very interesting idea. And with a great social filling. But it is so closed theme that I think you will have some problems with implementing. Anyhow good luck guys

Every transaction on the EZBitex platform will incur a transaction fee which is a
percentage of the transaction value, calculated in XBX at the current exchange rate for
its conversion on the EZBitex platform. Fee-incurring transactions on the EZBitex
platform include conversion between a fiat currency and a cryptocurrency, between
pairs of cryptocurrencies, payments (by the seller) for B2C purchases, and
cryptocurrency transfers (by the sender).
Every exchange between a fiat currency and a cryptocurrency also requires that an
amount of XBX corresponding to 0.55% of the transaction amount is “burnt” and
removed from the total amount of XBX in circulation. A smart contract created on the
Ethereum blockchain will record the fee for every transaction, the equivalent amount
of XBX removed from circulation and provide the current amount of XBX in circulation

Token Distribution Model
The maximum number of XBX tokens that can be issued is limited to 300,000,000.
The distribution of tokens during both phases of the ICO is shown in Figure 9 below.
70% of the total amount of tokens issued will be sold during the pre-ICO and ICO
phases to the public.
15% of the total amount of tokens issued will be held in reserve for use in future as
decided by the governance committee.
The governance committee will be lead by the CEO of Bitex Global and the license
holders of the Bitex and EZBitex platform. Funds raised during the ICO will be governed
jointly by the shareholders of the local, licensed companies in each of the countries
where Bitex will operate as described in this White Paper as well as those of future partners when they join Bitex. Three or more audit companies will be used to audit the
funds usage to ensure an efficient and transparent usage of the ICO funds.
9% of the total amount of tokens issued will be given to the founders and team
members involved in developing the Bitex project. The amount given to the founders
and team members will be placed in a smart contract written to ensure that the funds
cannot be withdrawn for 1 year starting 1st July 2018. After 1 year, 1⅔ % of the original
vested amount will be distributed each month over a period of 5 years to the founders
and team members.
3% of the total amount of tokens issued will be reserved for rewarding advisors whose
continuous efforts have helped shape this project.
1.5% of the total amount of tokens issued will be used for marketing and advertising
the Bitex cryptobank. Youtubers and influencers on Twitter and other social media as
well as individual influencers who use word-of-mouth to advocate Bitex, the EZBitex
platform and this ICO will receive a reward from the XBX Referral Program.
Potential investors who register for the ICO will automatically be provided with a
referral code. If this referral code is used by another investor during registration, both
the referrer and the person who uses the referral code will be granted a bonus of 2%
(in XBX tokens) of their purchased amounts.
1.5% of the total amount of tokens issued will be used to reward participants through
a bounty program that will be announced on https://bitcointalk.org/ forum.

Our community is growing fast it would be nice if you can invite your friends too.

Thank you for the support.

Agree with you. For most of people ICO, blockchain, cryptocurrencies and bounty programs are unknown and very strange words.
bitcointalk is the best way I think, but if we are talking about social networks it would be better to pay to concrete popular content makers

You can check our https://medium.com/@bitex.global.co  to know how to contribute to the ICO.

How long ICO has been working already?
How many clients do you have?
Why didn't you have a bounty campaign?
Or I missed it somehow?