Published: Aug 05, 2018

BITX

Website

Status

ICO

BITX monetizes knowledge with immutable track record and client-side AI.

Whitepaper

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Interest lvl

Updated: Aug 05, 2018

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User Rating

Medium

3/5 • 1 votes

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Ticker

BITX

Type

Utility-token

Registration countryHong Kong

What is BITX

BITX uses blockchain technology to restructure its FinTech services to provide monetizable knowledge based on smart contracts, hence to meet the urgent market demand for the performance-based content backend payment. Both the achievements and track records of information, knowledge, data and content created by consumers/ producers will be immutably managed in a distributed storage. With BITXs exclusive AI engine for universal stochastic learning, the goal of providing the intelligent feed flow of the user, for the user and by the user (OFBU) is achieved. The client-side AI technology is able to realize the decentralization of censorship and to protect the user data privacy.

BITX Roadmap

2018/6/13 -7/31

Small scope release of the initial version of the ICO Whitepaper;
Confirmation of cornerstone investors.

2018/7/11-9/11

Launch of ICO project.

2018/8/28

Launch of the new iOS APP as the start of the DAPP evolution.

2018/9/30

Restructure of the ecological chain of the Bitex products with BITX under the integration of paid reports and content.

2018/10/18

Launch of the Global Sentiment Visualization System for Alpha Test.

2018/12/30

Commercialization of the initial Robo-advisory System.

2019/3/30

Launch of the Initial system model for intelligent content analysis/filtering/search/publishing based on NLP and technology.

2019/6/30

Launch of the universal machine learning system (eligible formvisualization, interpretability, interactive intervention and local deployment).

Token Sale Dates

ICO

Start date: Jul 11, 2018

End date: Aug 11, 2018

Token Allocation

Total Token Supply 40,000,000

Funding Details

Hard Cap 2,777,250 USD(fiat)

Funds Raised (as of now) 8,969,807 USD

Token distribution

30% incentives for supporting teams (research and development/ outsourcing/ maintenance/ marketing, etc.). T
25% used as the exchange tool in the ecosystem for reports, information and contents with data insights. (10% for the first three years, with a decrease of 50% per three years thereafter)
20% ICO project.
20% early cornerstone investors.
5% to public or allocated within the ecosystem according to the principle of transparency and the rule of verification for the purposes of incentives and sustainable maintenance.