We’re taking the sociable attributes that banks offer, such as community partnerships and building a local presence, and combining them with the benefits and the efficiency that a decentralized blockchain provides.
It is the rare person these days who has not heard of cryptocurrencies, if only vaguely and very likely in connection with that sensational cryptocurrency Bitcoin. While Bitcoin has been around since 2009, its recent sky-rocketing valuations and the speculative market around it have motivated many to try and mimic its success by creating and offering alternative cryptocurrencies. Of these, one particularly stands out — Ether (ETH), the fuel that propels the Ethereum1 blockchain. Ethereum is the main platform used at this time to create DApps (Distributed Applications), with each DApp’s service accessible through the purchase and exchange of a bespoke cryptocurrency (the application’s medium of exchange) created for that purpose. As of March 2018, there are about 4597 cryptocurrencies2 listed through various crypto exchanges3 , with varying degrees of utility, liquidity and trading volume. Many cryptocurrencies do provide access to valuable decentralized services (such as storage or computing resources, identity management, etc.). Thus, as the value and use of decentralized services recorded on a blockchain grow in popularity, it is expected that the need for such cryptocurrencies will also expand. This has led to the creation and growth of crypto exchanges of which there are at the time of writing approximately 1904
The Bitex crypto-banking platform allows consumers to process payments, transfer, exchange and take loans in cryptocurrencies, all from their smartphone. The backbone of the Bitex crypto-banking platform is the decentralized exchange called EZBitex. The EZBitex platform will:
- Offer conversions from crypto to crypto, from fiat to crypto and from fiat to fiat all in this one exchange;
- Offer payment gateways (provided by established third parties such as Braintree or Stripe) for the purchase of cryptocurrencies using a credit card, debit card or online banking;
- Host the various types of consumer wallets (Payment, Trading, Staking, Loan) associated with consumer accounts and provide the various services described in earlier sections;
- Provide APIs to access the EZBitex functions to third parties that want to use EZBitex as their payment platform;
- Provide Bitex-branded ATMs in locations where Bitex operates, to allow use of physical and virtual BitexPay cards as well as third party “Powered by Bitex” cards;
- Offer business-to-business payments for goods and services with invoices and receipts.
ICO DETAILS AND TOKENSALE
- Symbol: XBX
- Token name: Bitex Coin
- Total supply: 300,000,000 XBX
- Soft-cap: 1,000,000 XBX
- Hard-cap: None
- Pre-ICO Token price: 0.5$ = 1 XBX
- Cost of 1 token XBX: $0.7 to $1.0 at end of token sale
- Term of token sale: 60 days with the possibility of an automatic early completion in pursuing the final goals of ICO
- Expanded goals after start of ICO: Impossible
- The technical limitation of the number of tokens: 300,000,000 XBX
Adjustable emission: The tokens remaining unsold after the pre-ICO and ICO phases will be vested in a Bitex company account controlled by a smart contract. The smart contract will be programmed to release each month to the Bitex community 1⅔ % of the total tokens initially held.
Secured ways to purchase tokens: XBX tokens will be available for purchase using Bitcoins (BTC), Ether (ETH) or the following fiat currencies: CHF, EUR, USD, GBP, DKK and SGD
TOKEN DISTRIBUTION.
Mr. Berthoz has been an early adopter of cryptocurrency since 2009, when he first started to invest in Bitcoin. As a cryptocurrency and technology enthusiast, he, along with the other co-founders, has played a huge role in creating Bitex and the surrounding ecosystem that is needed and being developed. Nicolas oversees the development teams and works on planning the company’s future development needs.
Mr. Junjiro Sato Co-founder Bitex Global & License Co., Owner Japan Mr. Sato has 20 years of business history in different fields such as finance, property, service, banking, and trading. He oversees the finances of Bitex Global. His dedication to Bitex has been ongoing since the beginning of the project.
Mr. Ryan La France Co-founder Bitex Global & License Co., Owner Philippines
Mr. LaFrance has been an entrepreneur in both the tech and service industries over the past decade. He is invested in cryptocurrencies and has dedicated time and effort to helping Bitex with his sharp instincts for business planning and financial advice.
OFFICIAL LINKS:
WEBSITE: https://ico.bitex.global
WHITEPAPER:: https://ico.bitex.global/docs/XBX-Token-WhitePaper.pdf
FACEBOOK: https://www.facebook.com/bitex.global/
TWITTER: https://twitter.com/bitex_global
My Account BTT: https://bitcointalk.org/index.php?action=profile;u=1226701
ETH Address: 0x59AC184748e69681379C17DE09a5525639BBA87E
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