Sabtu, 11 Agustus 2018

KitToken

Utility * Organic Growth * Sharing

What is KitToken?

Global trend of financial eco-system has evolved to a stage where blockchain technology has taken penultimate position as the driving force. The current scenario of emerging innovate technology such as blockchain technology, advancement in fintech, efficient, fast, secured, reliable and low-cost fund transfer as well as the utilization of cryptocurrency by the masses. It is just in time for financial industry to embrace the wave of change as the way forward.KitToken is subjected to develop a sustainable and stable financial eco-system based on blockchain.It utilizes value transfer protocol to achieve the transfer of payments from one person to another on peer to peer basis. It also aims at building a decentralized platform for achieving faster and quicker transactions across the borders. It also uses the world’s top most security systems to make sure that its financial ecosystem is fast as well as secure.

Strategies of KitToken

Bridging the gap between merchant and users
To create a community of merchant and users; including goods and service providers,medical services,air travel and hospitality as well as educational services to accept KitToken as mode of payment worth 1.5 trillion.To create Malaysia’s first hybrid crypto wallet platform known as kitpay
Awareness and Recruitment
  • To create and promote awareness among KitToken holders through airdrop and incentive scheme.
  • To recruit 1 million regional KitToken holders and facilitate peer to peer money transfer worth 2.5 trillion
Profits and network expansion
  • To create unique high value projects which shall contribute to the kittoken owners’ earning worth 3 to 5% anually
  • To expand the network of users by branding and aggressive promotion

Features of KitToken

Secure and definite environment
Connects merchants and individuals
Low fees,fast and reliable transactions
Sharing of profit among holders
Strong asset backed business activities
Self-governing technology and global remittance

Motivations of Kittoken

Present Condition of Cash
Cash remains the dominant force in any economy.It will have a change at all times. And this is what which paved way for the existence of an updates and new version of payment method the kitpay method.
Necessity of KitPay
In future Kitpay technology can allow better development of financial transactions to meet he demand for new currencies. It enables faster and quicker as well as safer means of making payments.
Crypto Regulations
Convergence to digital currency disruptive era is accepted by   regional Asian Countries where most countries are developing    regulatory guidelines for utilizing cryptocurrency as a mode of payment .

How does KitPay® Work?

KitPay® works as centralized server within a decentralized blockchain infrastructure in a connected to network. KitPay® will allow users to own a wallet which stores, transfer and trade KitToken® in daily conventional economic activities. KitToken® holders benefit from convenient utilization and appreciation of KitToken® value. Ultimately, via a Point of Stake (POS) Scheme, KitToken® holders receive profit sharing from KitToken® Inc. business activities.

Token Information

General information
Token name    : KitToken
Symbol             : KIT
Decimal            : 18
Cost per token : $0.05
Token count info
Total Supply         : 8 Billion
For Reserve          : 2.5 Billion
For sale                 : 3.5 Billion
Airdrop+Bonuses : 2 Billion
Contract Address
0x080eB7238031F97Ff011e273D6CaD5ad0c2dE532
Platform and Compiler Version
Platform               : ERC20(Ethereum Platform)
Compiler Version : v0.4.21+commit.dfe3193c
Type of token
Utility token and is now subjected to howey test.
ICO and Pre-sale information
Early Bird sale event : 20th to 25th July (Bonus 70%)
26th to 31st July(Bonus 50%)
ICO sale                     : 1st phase -August 1st to 10th (Bonus 30%)
2nd phase-August 11th to 20th (Bonus 20%)

Token Distribution

45% Token Development
15% Marketing
10% Reserve
20% R&D
10% Team & Advisors

Road Map

2017
JULY
  • Research on Cryptocurrency market and transfer medium between ASEAN countries
OCTOBER
  • Technical specifications and survey on users experience on money transfer
  • Approach travel agencies regarding new,cheap and reliable payment method
November
  • Building network among corporate and cryptocurrency network
  • Approach financial and technical partners
DECEMBER
  • Constructing human resource requirement for operational purposes
2018
JANUARY
  • Finalizing necessary financial procedure with local and international bodies
FEBRUARY
  • Development of KIT token website and wallet
  • Establishment of Technical partners
APRIL
  • Establishing KitToken alpha platform and whitepaper preparation
JULY
  • World crypto asset blockchain alliance ASIA summit on July 7th,2018
  • Kit Token airdrops and establishment in all possible social medias
  • Launch of KitToken pre-sale on July 20,2018
AUGUST
  • Launching of KitToken
  •  ICO
1st – 10th – I phase of ICO (30% Bonus)
11th – 20th – II phase of ICO ( 20% Bonus)
SEPTEMBER
  • Launching of KitPay web wallet and mobile apps Version 1.0
OCTOBER
  • Business development and strengthening of partnerships
  • Exposing KitToken actively through international forum
2019 and 2020++
Q1 of 2019
  • Launching KitToken.Inc travel and tour project
  • Partnership with local and international bank
  •  Listing on another exchange
Q2 of 2019
  • Launching KitToken Neurosciences Project
  • Listing on new exchange
Q3 of 2019
  • Launching KitToken Petroleum Bunkering Project
  •  Listing on another big exchange
2020
  • Launching More mega projects in future
  • Listing on nearly 25 big exchanges

Team

Mr. Amir Mohamed: Chief Executive Officer (CEO)
Mr. Khalid Abu Hassan: Senior Vice President Corporate Finance (SVP-CF)
Mr. Mohd Taufik Abdullah: Senior Vice President Business Development (SVP-BD)
Dr. SitiZaharah Ismail: Chief Strategy Officer
Ms. Nurul Ain Hassim: Chief Information Officer & Technical Lead
Ms. Irma Mardiana Abu Rahim: Backend Developer
Mr. Ahmad Faiz Amir: Lead Programmer
Ms. Siti Salbiah Nur Hussin: Blockchain Integration Manager
Dr. Wan Asiah Wan Adnan: Project Manager
Maj (R) Rusydi Noh Ramli: Operation Manager

Advisors:

Mr. Sujith Somraaj: Founder & CEO StellarGold
Mr. Ben Jones: Crypto Currency Evangelist
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