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CitaBit (CITA)

ICO
Ongoing
May 23, 2020 – Aug 17, 2020

CitaBit is a modern ecosystem designed to facilitate the usage of cryptocurrencies and to provide a higher level of security to all users of the platform around the world.

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Overview

Project industryFinance Services & Banking
Product typeEcosystem
FoundedEstonia

What is CitaBit

What is CitaBit?

CitaBit is an ecosystem that simplifies cryptocurrency use, as well as providing usability and, at the same time, guaranteeing a high level of security of using cryptocurrencies by a common user. Our main priority is security of digital assets storage – we will provide unique solutions to protect the users’ assets. Since the facts prove that many cryptocurrency projects are vulnerable to hacks, leaks, and other unfavorable actions.

Our Vision

Our vision is to lead a new industry and create a completely safe financial ecosystem. We will strive to create a first, convenient, and innovative universal platform for online banking, crypto trading, and secure storage of digital assets.

Problems

CitaBit team has done a deep research and resulted in the following conclusions:

Exchanges

  • Liquidity problems
  • High volatility of crypto assets
  • Earnings based listing scheme
  • Lack of security, widespread fraud and hacking attacks to exchanges and users
  • Low withdrawal speed
  • Lack of investors’ knowledge
  • Work is not in the legal field
  • Banks

  • Lack of transparency
  • A large number of intermediaries
  • High fees
  • Bureaucracy and regional restrictions
  • Limited opportunities for investors
  • Solutions

    CitaBit’s idea is to develop an All-in-one solution providing users with the following benefits:

  • High security level
  • Low fees
  • Various banking services without intermediates
  • Virtual debit card to conduct cross border transactions without region limitations
  • A large number of trading tools
  • Work in the legal field
  • Details

    Pre-sales: May 01, 2020 - May 22, 2020
    Public sales: May 23, 2020 - Aug 17, 2020
    Token supply: 500,000,000 CITA
    Total tokens for sale: 300,000,000 CITA
    Soft cap: 4,500,000 USD
    Hard cap: 29,000,000 USD

    Legal

    Blockchain Platform: Ethereum
    Office address: Keemia tn 4, Kristiine linnaosa, Tallinn, Estonia

    Token info

    Ticker: CITA
    Type: Utility-token
    Token standard: ERC20
    Token price in USD: 1 CITA = 0.2 USD
    Accepted currencies: ETH, BTC, Fiat
    Bonus program:
    Pre-IEO 1 May 2020 to 22 May 2020 $0,14 (Bonus : discount 30%)
    IEO Round 1: 23 May 2020 to 20 June 2020 $0,16 (Bonus : discount 20%)
    IEO Round 2: 21 June 2020 to 19 July 2020 $0,18 (Bonus : discount 10%)
    IEO Round 3: 20 July 2020 to 17 August 2020 $0,20
    Token distribution:
    Bounty / AirDrop - 5%
    Advisors -10%
    Reserve fund - 10%
    Foundersand team - 15%
    Avalible forpurchase - 60%
    Funds allocation:
    Development - 35%
    Reserve - 10%
    Liquidity - 5%
    Legal - 5%
    Marketing - 45%

    Offices on the map

    CitaBit Roadmap

    1
    2019 Q3
  • Initial research and planning
  • 2
    2019 Q4
  • White paper drafting
  • Registration of the company in Estonia
  • Team building
  • 3
    2020 Q1
  • Advisors on board
  • Obtaining Estonian licenses
  • Website development
  • 4
    2020 Q2
  • Token sale starting
  • Team expansion
  • MVP release
  • Top 10 cryptocurrencies in CitaBit wallet; some wallet features
  • 5
    2020 Q3
  • CitaBit exchange launch
  • Custodial Platform launch
  • 50 cryptocurrencies in our wallet, launch exchange with at least 50 pairs
  • 6
    2020 Q4
  • Obtaining a banking license, starting banking
  • Margin trading launch
  • Dark Pool Implementation
  • 7
    2021 Q1
  • Partical launch of our products for the US market
  • CitaBank Launch, Debit Card issuance
  • 8
    2021 Q2
  • Increase in the number of exchange pairs
  • and increase in functionality
  • Project team

    Serhii Yuraha
    Serhii Yuraha
    CEO & Founder
    Serhii Yuraha linkedin
    Maxim Zvonaryoff
    Maxim Zvonaryoff
    CMO
    Maxim Zvonaryoff linkedin
    Igor Brikov
    Igor Brikov
    CTO
    Igor Brikov linkedin
    Roman Krasnopolskiy
    Roman Krasnopolskiy
    SMM specialist
    Roman Krasnopolskiy linkedin

    Advisors

    Dan Gomez
    Dan Gomez
    Business Advisor
    Dan Gomez linkedin
    Jose Emmanuel, IV E
    Jose Emmanuel, IV E
    Community Advisor
    Jose Emmanuel, IV E linkedin
    Rinku Antony Pereira
    Rinku Antony Pereira
    Business Advisor
    Rinku Antony Pereira linkedin
    Vladimir Jirasek
    Vladimir Jirasek
    Cyber Security Advisor
    Vladimir Jirasek linkedin
    Luke Huxley
    Luke Huxley
    Advisor
    Luke Huxley linkedin
    Chetan Shah
    Chetan Shah
    Advisor
    Chetan Shah linkedin
    Akaash Dudwani
    Akaash Dudwani
    Advisor
    Akaash Dudwani linkedin
    Sujeet Kumar
    Sujeet Kumar
    Advisor
    Sujeet Kumar linkedin
    Kevin Joyce
    Kevin Joyce
    Advisor
    Kevin Joyce linkedin
    Manpreet
    Manpreet
    Cloud Evangelist
    Manpreet linkedin

    Social media

    CitaBit web-siteCitaBit RedditCitaBit MediumCitaBitYouTubeCitaBit TelegramCitaBit BTCTalkCitaBit LinkedInCitaBit TwitterCitaBit FacebookCitaBit Github

    User rating:

    5/5 ( 1 )
    1

    CitaBit rating

    6.3
    Claim admin rights for this project
    ICObenchNA
    ICOholderNACitaBit (CITA) icoholder
    ICObench6.3 / 10CitaBit (CITA) icomarks
    CitaBit NEWS

    How To get a verified Project status

    To pass the verification you need to place a our logo on the main page of your website and make an announcement of the listing in your social network accounts. Send us the email in reply with confirmation of the link placement.

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