Ceybit logo
Website

Ceybit (CYBT)

ICO

Ceybit is on a mission to create a set of essential applications to help grow the use and adoption of cryptocurrency digital assets.

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Overview

Project industryBlockchain Infrastructure
Product typeService
FoundedSri Lanka
WhitepaperCeybit White Paper Open
OnepagerCeybit Onepager Open

What is Ceybit

The implementation of a symbolic model in which owners are encouraged and rewarded for participation is of paramount importance for Ceybit to strengthen the network and community.

In addition, it is also important to create a single and diverse community.

Ceybit recognizes the need to create a large group of stakeholders to increase the likelihood of success for participants in the long term. Ceybit will actively interact with its community, and will also strive to create a vital partnership and alliances starting at the local level and expanding globally.

Ceybit’s vision is to be the leading cryptocurrency and digital asset solutions provider in Sri Lanka. CeBIT foresees the Ceybit Exchange, Mobile Wallet and Token (CYBT) as the dominant platforms and digital asset.

Details

Token supply: 987000000
Soft cap: 10,000,000 USD
Hard cap: 25,000,000 USD

Legal

Blockchain Platform: Ethereum
Country limitations: Australia, United States
Registration country: Sri Lanka

Bounty

Bounty: 2%

Token info

Ticker: CYBT
Type: Utility-token
Token standard: ERC-20
Token price in ETH: 1 Token = 0.000050 ETH
Accepted currencies: ETH
Bonus program:
Private Sale Rate: 1ETH = 33,000 CYBT
Pre-ICO Rate: 1ETH = 29,000 CYBT
ICO Stage 1 Rate: 1ETH = 22,500 CYBT
ICO Stage 2 Rate: 1ETH = 20,000 CYBT
Token distribution:
47% - Sale Distribuiton
25% - User Growth Pool
15% - Team
9% - Company Reserve
2% - Advisors
2% - Bounties
Funds allocation:
55% - Team
12% - Marketing
10% - Licenses
8% - Administration
8% - Contractors
5% - Legal
2% - Contingency

Ceybit Roadmap

1
2017 August

Idea conception and development
The idea to create an exchange during a time cryptocurrency was going mainstream.

Business formation
Market research & feasibility study
Preliminary research into the cryptocurrency use, acceptance and adoption in Sri Lanka.

2
2018 January-April

Working on an MVP
Development team recuitment
MVP development begins.

First round of Advisors appointed
Team expansion.

3
2018 May-July

Website goes live.

Whitepaper, One Pager and Pitch Deck released to public.

First media campaigns commence.

Sale registrations and KYC checks
Private sale commences.

Expand Dev ops and Marketing team.

Pre-ICO and Public Crowdsale.

Pre-ICO and Public ICO to have a 10 day gap in between.

Sale will be ongoing until fully subscribed.

4
2018 August-October

Prototype Appearance.

MVP launch.

Public first appearance of the exchange, testing and bounty programs.

Second media campaigns commence.

Expand legal and accounting teams.

Token transferability.

Token holders are able to move tokens to a decentrazlized exchange to trade.

5
2018 November-December

Exchange launch.

User growth pool releases commence.

Mobile wallet development.

Licenses & Support.

Banking license application.

Exchange customer support.
Customer care and arbitration teams recruitment.

Local marketing and educational campaign
Go-to-market strategies etc.

Formation of the Ceybit Foundation.
Initial members are appointed for governance.

6
2019 January-March

Going Mobile
Mobile wallet launch
Q2 wallet will be available for download.

7
August 2017

Idea conception and development;
Business formation;
Market research & feasibility study.

8
Jan - Apr 2018

Working on an MVP


Development team recuitment
MVP development begins;

First round of Advisors appointed;
Team expansion.

9
May - July 2018

Website goes live

Whitepaper, One Pager and Pitch Deck released to public;

First media campaigns commence.

10
May-Jul 2018

Sale Registrations

Sale registrations and KYC checks
Private sale commences;
Expand Dev ops and Marketing team;
Pre-ICO and Public Crowdsale
Pre-ICO and Public ICO to have a 10 day gap in between;

Sale will be ongoing until fully subscribed.

11
Aug - Oct 2018

Prototype Appearance

MVP launch
Public first appearance of the exchange, testing and bounty programs;

Second media campaigns commence.

12
Aug - Oct 2018

Token transferability

Expand legal and accounting teams;
Token transferability
Token holders are able to move tokens to a decentrazlized exchange to trade.

13
Nov - Dec

Go Live

Exchange launch
User growth pool releases commence;
Mobile wallet development;

Licenses & Support

Banking license application;
Exchange customer support
Customer care and arbitration teams recruitment;

Local marketing and educational campaign
Go-to-market strategies etc.;

Formation of the Ceybit Foundation
Initial members are appointed for governance.

14
Jan - Mar 2019

Going Mobile

Mobile wallet launch
Q2 wallet will be available for download.

Project team

Andrew Holmes
Andrew Holmes
CEO
Andrew Holmes linkedin
Navaseelan Nadesan
Navaseelan Nadesan
Lead Solution Architect
Navaseelan Nadesan linkedin
Shiyanthan Muthiah
Shiyanthan Muthiah
UI/UX Engineer
Shiyanthan Muthiah linkedin
Arik Donowan
Arik Donowan
Ethereum Smart Contract Engineer
Arik Donowan linkedin
Pav Tissera
Pav Tissera
Head of Legal & HR
Pav Tissera linkedin
Gemma Teresa
Gemma Teresa
Paralegal
Gemma Teresa linkedin
Shane Smith
Shane Smith
Marketing and Social Media Manager
Shane Smith linkedin
Jerald Fernando
Jerald Fernando
Business Development Manager
Jerald Fernando linkedin

Advisors

Lesley Warnakulasooriya
Lesley Warnakulasooriya
For Regulations & Compliance
Lesley Warnakulasooriya linkedin
Bimal Fernando
Bimal Fernando
For Exchange Systems
Bimal Fernando linkedin
Daniel Hernandez
Daniel Hernandez
For UI/UX Systems Design
Daniel Hernandez linkedin
Steven Bitondo
Steven Bitondo
CEO & Co-Founder of Node Capital
Steven Bitondo linkedin
Corey Stedman
Corey Stedman
CTO and Co-founder of Node Capital
Corey Stedman linkedin

Social media

Ceybit web-siteCeybit MediumCeybitYouTubeCeybit TelegramCeybit BTCTalkCeybit LinkedInCeybit X (Twitter)Ceybit FacebookCeybit Github

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