[ANN][ICO] KUBITX - Cryptocurrency Exchange & Trading Platform - page 61.

DOBARLOSZAO

newbie

Activity: 266

Merit: 0

Quote from: HulioIglesias on July 29, 2018, 08:15:18 PM

Quote from: FrankDTank on July 29, 2018, 04:57:44 PM

Quote from: GREATKINGRAT on July 29, 2018, 04:34:15 PM

Quote from: NoMoreTears on July 29, 2018, 11:07:01 AM

Why did you choose ETH based blockchain instead of making your own?

Among other things because the ETH network is reliable and fast...

True,so many successful projects are based on ETH,so no need to try anything else,Ethereium blockchain is more than good enough

Etherium is the most stable and trusted platfomr in crypto and to go with is simply common sense.

I agree, at this point it makes no sense to develop a new platform...

randulahemal

newbie

Activity: 146

Merit: 0

Number of application post from forum *

whats this meaning when i signup for reddit bounty program ?

BigcountryRoy

newbie

Activity: 212

Merit: 0

Quote from: Inmytree on July 29, 2018, 08:47:00 PM

Quote from: Lightmotiv on July 29, 2018, 08:30:01 PM

Quote from: sexymadafaka on July 29, 2018, 09:36:23 AM

Quote from: james7854 on July 29, 2018, 09:27:14 AM

Does kubitx have any ambition to overtake some of the most known exchanges like Coinbase or Binance for example?

Since Kubitx has a plan to become truly worldwide, I guess it will.

I believe to be able to do it, you need to have lower fees and engage the community with competitions and rewards.

Fees will play an important role.If the service is good and KubitX manages to offer competetive fees, everything is possible.

Fees are important, I agree, but soon time will come when security and crypto to fiat gateways will become the king.

Inmytree

newbie

Activity: 224

Merit: 0

Quote from: Lightmotiv on July 29, 2018, 08:30:01 PM

Quote from: sexymadafaka on July 29, 2018, 09:36:23 AM

Quote from: james7854 on July 29, 2018, 09:27:14 AM

Does kubitx have any ambition to overtake some of the most known exchanges like Coinbase or Binance for example?

Since Kubitx has a plan to become truly worldwide, I guess it will.

I believe to be able to do it, you need to have lower fees and engage the community with competitions and rewards.

Fees will play an important role.If the service is good and KubitX manages to offer competetive fees, everything is possible.

Lightmotiv

newbie

Activity: 222

Merit: 0

Quote from: sexymadafaka on July 29, 2018, 09:36:23 AM

Quote from: james7854 on July 29, 2018, 09:27:14 AM

Does kubitx have any ambition to overtake some of the most known exchanges like Coinbase or Binance for example?

Since Kubitx has a plan to become truly worldwide, I guess it will.

I believe to be able to do it, you need to have lower fees and engage the community with competitions and rewards.

HulioIglesias

newbie

Activity: 193

Merit: 0

Quote from: FrankDTank on July 29, 2018, 04:57:44 PM

Quote from: GREATKINGRAT on July 29, 2018, 04:34:15 PM

Quote from: NoMoreTears on July 29, 2018, 11:07:01 AM

Why did you choose ETH based blockchain instead of making your own?

Among other things because the ETH network is reliable and fast...

True,so many successful projects are based on ETH,so no need to try anything else,Ethereium blockchain is more than good enough

Etherium is the most stable and trusted platfomr in crypto and to go with is simply common sense.

WhoWuWho

newbie

Activity: 166

Merit: 0

Quote from: unchained5498 on July 29, 2018, 05:39:54 PM

Quote from: Obi2024 on July 29, 2018, 04:51:48 PM

Quote from: Chrmel612 on July 29, 2018, 04:21:40 PM

Too much tokens are going to the developers. How would this be not used when the coin is in pump? Is it locked for a certain period time via Smart contract? Is it already pre generated?

You can check the Whitepaper page 22 where it talks about the token distribution, it is also stated that team token is locked for 2 years.

Locking team token is a pretty good measure.

When team locks token for 2 years I believe the team, as this show dedication and trust that project will be successful and develop further even after 2 years.

unchained5498

newbie

Activity: 105

Merit: 0

Quote from: Obi2024 on July 29, 2018, 04:51:48 PM

Quote from: Chrmel612 on July 29, 2018, 04:21:40 PM

Too much tokens are going to the developers. How would this be not used when the coin is in pump? Is it locked for a certain period time via Smart contract? Is it already pre generated?

You can check the Whitepaper page 22 where it talks about the token distribution, it is also stated that team token is locked for 2 years.

Locking team token is a pretty good measure.

FrankDTank

newbie

Activity: 126

Merit: 0

Quote from: GREATKINGRAT on July 29, 2018, 04:34:15 PM

Quote from: NoMoreTears on July 29, 2018, 11:07:01 AM

Why did you choose ETH based blockchain instead of making your own?

Among other things because the ETH network is reliable and fast...

True,so many successful projects are based on ETH,so no need to try anything else,Ethereium blockchain is more than good enough

Obi2024

full member

Activity: 364

Merit: 102

Quote from: Chrmel612 on July 29, 2018, 04:21:40 PM

Too much tokens are going to the developers. How would this be not used when the coin is in pump? Is it locked for a certain period time via Smart contract? Is it already pre generated?

You can check the Whitepaper page 22 where it talks about the token distribution, it is also stated that team token is locked for 2 years.

Desmozgenes

full member

Activity: 392

Merit: 107

I see that you had seed round going on till July 16th.Can you share us more details about that sale phase,like how many tokens sold ,bonuses etc?Or its not public info?

GREATKINGRAT

newbie

Activity: 230

Merit: 0

Quote from: NoMoreTears on July 29, 2018, 11:07:01 AM

Why did you choose ETH based blockchain instead of making your own?

Among other things because the ETH network is reliable and fast...

babyBaba

newbie

Activity: 144

Merit: 0

Quote from: james7854 on July 29, 2018, 09:27:14 AM

Does kubitx have any ambition to overtake some of the most known exchanges like Coinbase or Binance for example?

I think kubitx team has high goals.

babyBaba

newbie

Activity: 144

Merit: 0

Quote from: Chrmel612 on July 29, 2018, 04:21:40 PM

Too much tokens are going to the developers. How would this be not used when the coin is in pump? Is it locked for a certain period time via Smart contract? Is it already pre generated?

I've never thought of that, but I'm sure they have a plan for such things.

Chrmel612

full member

Activity: 406

Merit: 102

Republia - New Blockchain Technology

Too much tokens are going to the developers. How would this be not used when the coin is in pump? Is it locked for a certain period time via Smart contract? Is it already pre generated?

Kvazimir

newbie

Activity: 156

Merit: 0

Quote from: innerDemon on July 28, 2018, 06:29:13 PM

Quote from: BoycieBuahaha on July 28, 2018, 05:01:31 PM

Quote from: Obi2024 on July 27, 2018, 04:00:18 PM

Quote from: WillerTex on July 25, 2018, 12:59:00 PM

How do you plan to prevent investors from dumping the token after listing on exchanges?Will there be some vesting period?

bonus token from the seed round is locked for 6 months, also team token is locked as stated in the whitepaper.

How long will team tokens be locked?

What are team tokens?

I assume tokens that are intended for team members to keep the share of tokens after the sale...

chungaLunga

newbie

Activity: 148

Merit: 0

Quote from: tibinpro432 on July 29, 2018, 10:00:35 AM

great ! you have unique business model. I see it has a lot of features but looks like the security feature is the most prominent. the project very interesting, i hope this project will be big success.

Maybe I missed this but what is the key security feature in kubitx?

STUNTMANMAJK

newbie

Activity: 264

Merit: 0