KitToken(KIT) User Driven Cryptocurrency of the future

in #ico6 years ago

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.

What is KitToken?

KitToken is a self-managing financial system with P2P transaction based on open source platform called KitPay. KitToken as “Organic Growth Profit-Sharing Utility”, is committed to develop a financial ecosystem based on blockchain technology. KitToken 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 transaction rates. Current payment systems are having a lot of drawbacks that needs to be updated and hence KitToken make way for innovative digital mobile payments.

STRATEGIES OF KIT TOKEN

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 KIT TOKEN

KitToken seeks to provide a sustainable financial ecosystem that is based on blockchain technology. The platform will use value transfer protocols to facilitate the transfer of payments from peer-to-peer, customer-to-business and business-to-business. The ecosystem will provide the financial industry with features like:

1 Secure and definite environment

2 Connects merchants and individuals

3 Low fees,fast and reliable transactions

4 Sharing of profit among holders

5 Strong asset backed business activities

6 Self-governing technology and global remittance

Secure payment transfers – Unlike the current payment and remittance options that exist, KitToken will be more secure because it is based on blockchain technology. It will be impossible for hackers and phishers to breach the blockchain especially since it is using advanced hash functions that make it safe from Sybil and other network-based attacks. This makes any transactions secure.

Fast global transactions – Making a transfer across the globe is quite slow due to the issues of clearance and settlement of payments. KitToken will provide an alternative that makes the transfer of payments anywhere around the world happen in real-time. This will be beneficial especially for e-commerce and drop shipping transactions that rely on fast transfers.

Low transaction costs – Many of the existing payment transfer methods require high transfer fees. Most of them charge 10-20 percent in transfer costs. This is too high especially considering the unsecured nature of these transactions. KitTokens will charge a fraction of the transaction costs making it more affordable for vendors and merchants.

Sharing of profit among holders – KitToken also provides additional benefits by sharing the profits made from the transactions with token holders. Regular airdrops will be made to those holding KitTokens. This provides a passive income opportunity that requires no skills or investment.

Reputable and compliant – KitToken is a cryptocurrency that will be trading on an SEC-Compliant exchange and it is also officially registered with the Malaysian government. This gives it a legitimacy that most other cryptocurrencies do not have. It will also adhere to any new regulations by the SEC or the MAS.

KitToken developers have been working hard for the past few months to ensure that it is easy to integrate the KitToken payment system on any merchant’s e-commerce store. Additionally, mobile applications will be launched to make it easy for users who are not skilled in dealing with cryptocurrencies to make transactions easily.

THE UNIQUENESS OF KITTOKEN

Token Distribution

ROAD MAP TO KIT TOKEN

TOKEN SALE DETAIL

1st- 10th August 2018 (ICO phase 1)

Bonus KitToken: 30%

11th – 20th August 2018 (ICO phase 2)

Bonus KitToken: 20%

Soft Cap: $5 Million USD

Hard Cap: $175 Million USD

Minimum Contribution: 0.2 ETH or $100

FOR MORE INFORMATION VISIT THE FOLLOWING LINK:

Website: https://kittoken.net

White Paper: https://img1.wsimg.com/blobby/go/030bdbd0-d698-4aa3-ba4d-d2bc680f2ec9/downloads/1chf5j90p_313571.pdf

Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4557979.msg41057899#msg41057899

Twitter: https://twitter.com/TokenKit

Facebook: https://www.facebook.com/KitTokenOfficial

Medium: https://medium.com/@kittoken.official

KitToken Telegram group: https://t.me/kittokenofficial

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1460674

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