CYBIT Ico Review
CyBit is an innovative project that aims to give new business owners the opportunity to be able to source the financial capital needed to power their new businesses through the decentralized backing of investors from around the world. CyBit aims to remove many of the barriers currently presented to budding entrepreneurs, particularly those within disenfranchised communities by providing them with multiple avenues to source equity for their new venture.
CyBit’s Unique Aspects
CyBit was built on the ERC-223 framework in order to provide heightened security to their users through the adoption of a feature known as ‘Trackable Tokens’; these tokens are effortlessly identified and managed through the integration of blockchain technology.
The platform will provide fully legal contractual agreements between the startup entrepreneur and the involved funders. Any and all transactions that will be conducted within CyBit will not only be extremely safe through Blockchain security and the use of the ERC-223 technology, but also through the use of a well-functioning and stable payment mechanism.
The platform was built with the end-user experience in mind, thus the creators have prided themselves on providing an affordable system, that is also driven with the support of qualified consultants as well as performing transactions at the fastest Transaction Per Second or TPS to date.
Pre-sale end date: 30 June 2018
Sale start date: 01 July 2018
Total tokens in existence: 10 000 000 000 CBT
Token price: 1 CBT = $0.10 USD
Minimum purchase: $25
Platform for sale: Ethereum and Bitcoin
Accepted cryptocurrencies: ETH, BTC
Soft cap: $2 500 000 USD
Hard cap: $50 000 000 USD
Key Feature Of CyBit
CyBit has created mechanisms within the framework in order to incentivize users to make use of the platform as an investment strategy, for every Cryptocurrency token put into a startup project an investor will receive two so that they are double-protected against any losses. However, should a person decide to engage in crowdfunding instead of crowd investing, they would then receive CyBit coins in order to protect them against any potential pitfalls that could arise in the startup.
How CyBit Works
Every potential investor logs onto CyBit, submits the details of their startup venture. The venture will then flow through to potential investors who will review the startups required capital, should they decide to invest they will engage in the process by paying CBT tokens to the specified entrepreneur. The process is overseen by fully legal intelligent contracts and the CyBit solution is focused on ensuring the rights of all stakeholders to the agreement.
CyBit is a new solution that will hopefully help to ensure a greater rise in entrepreneurship and thereby, job creation throughout the world. The allocation of adequate funding will help to ensure that many, many more people will be able to access the necessary liquid capital and begin the processing of achieving their dreams. We can’t wait to see what happens from here.
Bitcointalk Username : Danbeta2