Hello everyone! Our team is pleased to announce KITEX Coin, Kitex is an open source, decentralized privacy platform. Built for a global person to person and business to person eCommerce.
https://www.kitex.io/PM.pngKey Features
Privacy and Security: With KITEX no central server, no personal information capture and no data mining. Your data cannot be stolen or sold, because nobody other than you has it. Data is distributed across the nodes with redundancy and context-based dynamic encryption.
Extremely Resilient: It can’t be disabled. No individual controls it and it is controlled by users similarly to most cryptocurrencies. Your product store will be online until you and only you decide to close it.
User Experience Focused: Simple, Tidy, Efficient, Beautiful. We have top UI experts who have ensured there would ultimate experience for the users.
No Fees and Restrictions: No extra charges, no fees. You can make arrangements for a local pickup or pay online with the payment method of your choice including KITEX tokens, or other cryptocurrencies. Since your data is private, we are not imposing any limitations and restrictions on items that can be bought and sold. The system is a community-operated democracy.
KITX/BTC/ETH Wallet integrated: We believe that lowering barrier to entry for beginners to start using cryptocurrency for transactions through a wallet integration and friendly user interface is a key adoption factor.
Merits
Diversification: KITEX has a low correlation with most other investment products and thus provides portfolio diversification benefits.
Anti-inflationary store of value: KITEX has a finite supply, with the maximum amount of KITEX that will ever be created been limited to 20 Million, as encoded in the KITEX protocol. KITEX’s favorable supply/demand dynamics support long-term price appreciation and its validity in commercial deals.
Growth potential: as KITEX assets are still in the very early stages of widespread adoption, the potential for significant growth remains.
Restrained demand: direct investment in KITEX requires a degree of technological expertise, and involves taking a risk on newly established entities for settlement and safekeeping. This has kept many investors from engaging, This all points to significant as yet untapped demand for the asset.
ICO Campaign
To accelerate development, build the whole KITEX framework and add required flexibility to our platform architecture through the use of our KITEX token, therefore, achieve massive success by timely releasing full featured product to the market we decided on bringing external investments in form of KITEX Ethereum/Bitcoin-based token sale. We are launching are crowdsale in two stages: the Pre-Sale round and the ICO round itself. During the whole crowdsale KITEX will sell 20million of KITX tokens. Our main aims are to raise at least 2000ETH during the pre-sale round and at least 10000ETH during the ICO.
We invite everyone to participate in our project, to promote investment activities we are granting a 20% BONUS for all early investors acquiring KITX tokens during the Pre-Sale.
We can guarantee a continuous development of the project, we hope that with your help we would be able to break trading barriers and create a world without trading constraints. Let’s change the world.
ICO Schedule
Pre ICO Date: Monday, September 25, 2017 6:00 AM UTC
ICO Start Date: Monday, October 11, 2017 6:00 AM UTC
ICO End Date: Saturday, November 11, 2017 6:00 AM UTC
Total number of KITX Tokens to be issued: 20 000 000
Token Exchange rate 600 KITX = 1ETH
Minimum transaction amount: 10 KITX (0.017 ETH)
Maximum transaction amount: 180 000 KITX (300ETH)
Bonus: in the first four days the participants will get a 20% tokens bonus
Bounty: 400 000 Tokens (2% of issuance)
Total Sale goal: 10 000 ETH Minimal Sale goal: 1 ETH
Token emission and distribution rules:
Pre-Sale: 1 200 000 KITX = 2000 ETH
50% (10 Million tokens) will be available to participants;
2% (400 Thousand tokens) allocated for bounty
38% (7.6 million tokens) will remain in the KITEX FRAMEWORK until the official exchange is launched, the tokens will be used to form a stable market and further development over the next fifteen years.
1% (200 Thousand tokens) will be distributed among team members;
All collected funds shall be received and stored on wallets with multi-signatures.
