KITTOKEN
Introduction
Through this article I want to introduce you to kittoken, designed to accelerate transactions in the blockchain community, take one step forward to show safe operations that focus on affordability, fast and smooth transactions. As we have seen, cryptocurrency takes a lot of hype in the world, because it is very important for crypto investors and members to get crypto, which will make all their transactions easier and faster.
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 ecosystem 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.
- KitToken is officially registered with the Malaysian government
- KitToken will trade on an SEC-compliant exchange where you can buy and sell them for profit
- KitToken can be used with existing points programs
- KitToken can be exchanged for cryptocurrencies and cash
- KitToken can also be redeemed for merchandise
Structure and design of KitToken
The whole architecture and design of the KitToken is built on the Ethereum, block chain based distributed platform and smart contracts. By using this effective and valuable architecture, company minimizes any possible attack on the coin. All the applications on this platform are built on the Truffle (https://github.com/ConsenSys/truffle).
Truffle is an environment for development, testing and asset pipeline for Ethereum. We use Ethereum for :
- Built-in smart contract complication, linking and binary management.
- Configurable built pipeline with support for custom built processes
- Network management for deploying to many public & private networks.
The communication between the web applications and Ethereum blockchain is handled by the Web3.js framework. Web3.js framework is the Ethereum comparable JavaScript API, which implements the Generic JSON RPC spec. The communication layer between the front-end application and KitPay is implemented using Node.js. The Node.js application is communicating with KitPay through IPCs (Internal Procedure Calls). The Node.js application is sharing the same server with KitPay.
Strategies of KitToken
Building 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% annually.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.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.
Token Information
Token name : KitToken
Symbol : KIT
Decimal : 18
Cost per token : $0.05
Total Supply : 8 Billion
For Reserve : 2.5 Billion
For sale : 3.5 Billion
Airdrop+Bonuses : 2 Billion
Contract Address :
0x080eB7238031F97Ff011e273D6CaD5ad0c2dE532
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%)
The cryptocurrency developed for Kittoken project named Kittoken and its symbol will be KIT in the crypto markets and total supply of KIT is 8 billion. 3.5 billion of the total supply will be available for sale and the rest of all tokens will be 2.5 billion for reserve and 2 billions for airdrop, bounty programme and bonuses.
The KIT token was developed on Ethereum platform and it’s an ERC 20 token. It has been made an Early Bird Sale event between 20th – 25th July with a bonus of 70% and 26th to 31st July with a bonus of 50%. On first of August to the 10th of August 1st phase of ICO sale and 11th August to 20 August 2nd phase of ICO sale will take place. 1st phase will provide a bonus of 30% and 2nd phase bonus of 20%.
Conclusion
Clearly a very strong project that has reached its Soft Cap which is pretty difficult these days, even more considering it's 5 Million. That alone is a very good sign for any investor. The ICO has a good bonus percentage and it's going to be very quick which is also a good indicator.
ROADMAP
TEAM
If you want to learn more about Kittoken Project, you can use links listed below. I wish you great earnings on the markets. See you in another review.
More Information :
Website : https://kittoken.net
Telegram : https://t.me/kittokenofficial
White Paper : https://img1.wsimg.com/blobby/go/030bdbd0-d698-4aa3-ba4d-d2bc680f2ec9/downloads/1chf5j90p_313571.pdf
Twitter : https://twitter.com/TokenKit
Facebook : https://www.facebook.com/KitTokenOfficial
Medium : https://medium.com/@kittoken.official
ANN TREAD : https://bitcointalk.org/index.php?topic=4557979.msg41057899#msg41057899
Created by :
Username bitcointalk : sined07
Profil bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2005182;sa=summary
Ethereum Wallet Address : 0xa8Cc05bB99348d4ccBE3604b5923140DE8D90912