Sobit – an overview of the first user owned digital asset exchange

In the cryptocurrency space, many users are distressed with the fact that there is no opportunity to influence the workflow of an exchange. After all, all decisions on the further development of an exchange, including daily management decisions, are completely dependent on the institution running the exchange. The initial way in which activities are directed and the main parameters on the exchange can be changed at any time against the wishes of users, which therefore makes it carry a certain level of risk as all centralized institutions do. But this doesn’t necessarily have to be the case as I recently came across a decentralized exchange that gives full autonomy to its users. The decentralized platform I came across called Sobit offers a stock exchange for cryptocurrency trading, which is in the full possession of its users. Each member of the ecosystem can now affect the management process in relation to the number of tokens and receive dividends from the profit of the project as a whole.

Key features of Sobit

The Sobit platform focuses on digital trading and cryptocurrency mining. All processes within the project are fully automated thanks to artificial intelligence. Sobit is based on blockchain technology, which unfailingly protects the users’ information and money. Additionally, the undisputable advantage of the blockchain technology is the ability to integrate any technology into the platform without added settings. The platform launches a news line, where users can follow the internal news of the platform, as well as get to know more about events happening in the cryptocurrency space. The platform also has an internal chat which will allow investors to converse directly, and also for traders - to collaborate additional conditions of transactions within short periods of time.

Benefits of Sobit

Management of the Sobit platform is delegated to investors. The net income accrued is circulated among the token owners in relation to their investments. Daily income comprises of listing fees and commissions for handling transactions, withdrawal of funds, placement of advertising campaigns, etc. Daily expenses comprise of current costs for maintaining the website and server, employee salaries, marketing expenses. Consequently, the profit to investors is accumulated on a daily basis in accordance to the standard "income minus expenses" scheme.

Investors on the Sobit platform are split into several groups depending on the size of their investments. For instance, if a user purchases less than 1,000 sobit tokens (SBT), he is only availed to use the services of the platform without the right to manage and receive dividends. Whereas when a user purchases from about 1,000 to 20,000 tokens, he gets the exclusive right to vote at the shareholders' meetings and also receive dividends. A user with an investment of more than 20,000 SBTs will be able to make use quasi-capital and added premium tools on the platform. Without exemption, investors in this group are entitled to a quasi-capital with the provision of dividends, the right to vote at online shareholders' meetings and exclusive access to info on the current status of the platform. The exclusive property of quasi-capital is the chance to use its own returnable capital, which unlike the standard loan commitments, does not hint at the rise of obligations.

Cryptocurrencies are stored in the platform’s wallet which are unfailingly protected by tough cryptographic encryption technology. All calculations are carried out using smart contracts to lessen user costs.

Team details

Roadmap

Conclusion

In summary, the Sobit platform presents its users a platform for cryptocurrency trading and mining, grounded on full user management. A fitting user interface, dividends for large investors, an extensive range of services for cryptocurrency trading and mining to guarantee a high level of performance on the platform along with high profitability. The effected customer support service will make for questions to be answered quickly and concisely.

To find more about this amazing platform, feel free to use these useful links:
Website: https://sobit.one
WhitePaper: https://bit.ly/2BZmaPk
Telegram: https://t.me/sobitExchange
Facebook: https://www.facebook.com/sobitexchange
Twitter: https://twitter.com/sobitone
Medium: https://medium.com/@sobitone
ANN: https://bitcointalk.org/index.php?topic=4866231.0

Author: templar97
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