CyBit (CBT)

CyBit is a Blockchain-based crowdfunding platform that helps people who have the desire to establish a
new business (Start-ups) or undertake a worthwhile project. It enables individuals to make use of
crowdfunding techniques to raise the required funds. At the same time, CyBit helps investors to evaluate
potential business proposals to fund.

CyBit is the emerging platform that informs investors and
establishes a connection to investors and those start-ups or individuals seeking funding. All these
interactions will be possible through the use of a Cryptocurrency token called “CBT”.

Whitepaper

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What is CyBit

Crowdfunding is a popular concept in the emerging world of Cryptocurrency. Today, the world has been watching the rise of crowdfunding on top of Blockchain technology. The modern business environment considers crowdfunding as a way of connecting investors with modest business start-ups and projects.

However, Crowdfunding is emerging at a very fast pace, but existing platforms still have some limitations, such as:

CyBit is developing an open source ecosystem that will allow consumption and creation of nancial services and products to facilitate the crowdfunding mechanism on a global scale. The ecosystem is built on top of the Ethereum platform with smart contracts and will assist start-ups in getting investments; and help Investors evaluate submitted business proposals.

Our goal is to offer a platform for potential investors to fund projects through “CBT” as the underlying utility token. This initiative enables start-ups and investors to collaborate in a global marketplace that is built to provide a credible Blockchain-based token, which in turn facilitates the payment system through forex transactions and crowdfunding sources.

In creating the ecosystem, we selected a development strategy with a strong view toward the various limitations of existing solutions.

The solution (CyBit) will empower ICO developers to visit the platform, submit their funding requirements, and use CyBit channels for evaluation by potential investors. Upon successful evaluation, the investors will invest in their projects using CyBit Tokens.

CyBit has a proven track record of helping hundreds of companies to bring their ideas into reality through successful fundraising. In 2014, the CyBit team established an independent crowdfunding platform. Through numerous studies on the behaviour of crowd investors, the CyBit team analysed the disadvantages of the existing crowdfunding websites and evaluated the reasons why funded projects failed so often. After three years of solid research, analysis, planning and design, the CyBit team is ready to present the “CYBIT” solution—a uniquely benecial platform for ICO, crowdfunding, and crowd investing companies.

CyBit's mission is to develop an open ecosystem that allows consumption and creation of nancial services and products through a crowdfunding mechanism based on Blockchain and smart contracts in a secure, transparent and convenient environment. CyBit specializes in application software design and development, secure mission systems, cyber security, mission critical software solutions, and systems for Cryptocurrency based on Blockchain Ledger Technology (BLT).

CyBit management has over 25 years of experience in developing and implementing strategic IT-business alignment. This expertise extends to leveraging technology to ensure security of national and international digital infrastructures that empower companies to be leaders in their respective industries. At CyBit, we have assembled the strongest team of individuals who are experts in their respective domains.