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Bytus

ICO

Bytus seeks to make cryptocurrency an acceptable payment option as a digital payment platform. The Bytus Private Blockchain has enabled over 1 million retail establishments to accept crypto-based payments for their products or services. This private blockchain has dramatically lowered the necessary bandwidth for block propagation by allowing hundreds of thousands of transactions per second.

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Overview

Project industryCommerce & Retail
Product typeEcosystem
FoundedUnited States
WhitepaperBytus White Paper Open
OnepagerBytus Onepager Open

What is Bytus

A Private Blockchain-based Cryptocurrency Banking System

Bytus wants to change the way people pay today, and the blockchain allows them to do it. It came up with a great idea to use a lot of tokens at the intersection of different currencies.

The system, which includes digital currencies, replaces Master Card and Visa payment methods. In the new ecosystem, everyone can be open and work together as quickly as possible. They can also use more currencies in the same application.

Bytus' goal is to assist retailers in presenting digital currencies as legitimate payment options. It entices new customers who want to pay with cryptocurrency, allowing them to explore new marketplaces. It aims to eliminate the need for a large number of plastic cards by allowing payments to be made through the internet.

Exchanging digital money for fiat cash is complicated and frequently necessitates the use of third-party services. Individuals are exposed to platform-specific weaknesses that malware attackers may exploit if security is weak. Bytus wants to make it safe and easy for people to pay quickly and easily both at payment terminals and online using a QR code.

The Bytus app is equipped with the ability to expedite POS transactions and includes a built-in exchange. It will accept payments in cash or cryptocurrency in real-time. Its key benefit is the trade it provides. It can convert fiat currency to digital currency and vice versa. It may be able to do a meta-analysis that helps with the optimization of the user base and gives the best results, too.

Details

Pre-sales: May 05, 2019 - Jun 05, 2019
Public sales: Sep 01, 2019 - Oct 01, 2019
Pre-sale token supply: 10,000,000 BYTS
Token supply: 66,000,000 BYTS
Total tokens for sale: 51,000,000 BYTS
Soft cap: 8,000,000 USD
Hard cap: 21,000,000 USD
Raised: 21,000,000 USD

Legal

Blockchain Platform: Ethereum, Binance Smart Chain
Country limitations: United States
Registration country: United States
Registration year: 2018
Office address: 90 Church St. Floor 1 Suite 3514 New York, NY 10007

Token info

Ticker: BYTS
Type: Utility-token
Token standard: ERC20, BEP20
Token price in USD: 1 BYTS = 2.32 USD
Accepted currencies: BTC, ETH, USDT
Bonus program:
Pre-ICO - 37%
ICO - 12%
Token distribution:
75.8% - token sale
10% - project team
5% - ecosystem creation
4.5% - CryptoBank, Validator, Registrar
3% - advisors
1.7% - bounty
Funds allocation:
48% - marketing and branding
35% - ecosystem development
14% - legal and financial
3% - bounty

Bytus Roadmap

1
June 18, 2018

The people behind a crypto revolution

2
August 20, 2018

Bytus publishes first white paper

3
November 15, 2018

Preparations for Bytus token ICO near completion

4
December 1, 2018

Bytus starts development of its blockchain network

5
March 1, 2019

Bytus begins development of the mobile wall

6
April 1, 2019

Testing on the private blockchain network begin

7
May 1, 201

Global Digital Payment starts its cryptobank development

8
May 5, 2019

Bytus token’s pre-ITO

9
July 1, 2019

Bytus launches its private blockchain networ

10
July 15, 201

Bytus mobile wallet goes live

11
September 1, 2019

The Bytus token goes up for 3rd round ITO

12
October 15, 201

Beta version of the network is now available

13
November 1, 201

Bytus’ cryptobank will sell the Bytus token

14
November 15, 201

Bytus mobile applications go beta

15
January 15, 2020

The Cryptobank is now operational

16
February 20, 2020

Bytus has set its mark on crypto-based transaction

Project team

Altug Tatlisu
Altug Tatlisu
Blockchain Developer
Altug Tatlisu linkedin
Serdar Nurdogan
Serdar Nurdogan
Financial Operations
Serdar Nurdogan linkedin
Igor Masly
Igor Masly
Full Stack Developer
Igor Masly linkedin
Catherine Mishi
Catherine Mishi
Web Developer
Catherine Mishi linkedin
Vipin Kumar
Vipin Kumar
Business Analyst
Vipin Kumar linkedin
Ajay Hada
Ajay Hada
Crypto Developer
Ajay Hada linkedin
Imran Qureshi
Imran Qureshi
Digital Marketing
Imran Qureshi linkedin
Arick Dutta
Arick Dutta
Media Consultant
Arick Dutta linkedin
Abhishek Banerjee
Abhishek Banerjee
Marketing Director
Abhishek Banerjee linkedin
Ayon Bhattacharjee
Ayon Bhattacharjee
Sales Director
Ayon Bhattacharjee linkedin
Surojit Chatterjee
Surojit Chatterjee
Public Releases
Surojit Chatterjee linkedin
Nicolas Nups
Nicolas Nups
Project Manager
Nicolas Nups linkedin

Advisors

Lalit Bansal
Lalit Bansal
Lalit Bansal linkedin
Bharat Gandass
Bharat Gandass
Bharat Gandass linkedin
Hamza khan
Hamza khan
Hamza khan linkedin
Sachin Bhargava
Sachin Bhargava
Sachin Bhargava linkedin

Social media

Bytus web-siteBytus MediumBytus TelegramBytus InstagramBytus LinkedInBytus X (Twitter)Bytus FacebookBytus Github

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