Cloudbit (CDB)

IEO

Last updated: Jun 06, 2020

Cloudbit Token (CDB) was conceived as a cryptocurrency exchange service. After a huge marketing campaign, it became apparent that there was a fundamental need for a global transactions digital tool that could strengthen human relationships and connectivity.

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Overview

Project industry	Blockchain Infrastructure
Product type	Ecosystem
Founded	United States

Whitepaper

What is Cloudbit

The CLOUDBIT TOKEN ecosystem is based on three principles:

Rewarding contributors

Rewarding those who participate and help build value within the CLOUDBIT ecosystem.

Connected economy

Creating a thriving ecosystem and token economy joined together by a single digital token.

Designed for everyone

A digital token that’s natural and easy for regular people to use within the CLOUDBIT ecosystem.

Ecosystem Participants

1. CLOUDBIT Cooperation

The organization responsible for issuing CLOUDBIT TOKEN, as well as setting and managing the CLOUDBIT TOKEN issuance policy.

2. DApp developers

Services that participate in the CLOUDBIT ecosystem and that have the following roles:

Distributing CLOUDBIT TOKEN rewards:

Establishing and operating reward policies and systems for each dApp service and paying rewards to users.

Providing channels for using CLOUDBIT TOKEN:

By developing uses for CLOUDBIT TOKEN, dApp developers help to shape and grow CLOUDBIT TOKEN‘S value and functionality.

3. Contributors

The users of CLOUDBIT TOKEN dApps are also contributors, with the role of engaging in and using the CLOUDBIT ecosystem and its services.

Details

Public sales: Jun 01, 2020 - Jun 24, 2020
IEO (Probit Launchpad): Jun 01, 2020 - Jun 06, 2020
Soft cap: 1,375,000 USD
Hard cap: 4,125,000 USD

Legal

Office address: North Harbor Tower, 175 N Harbor Dr, Chicago, IL 60601, USA

Token info

Ticker: CDB
Token standard: ERC20
Token price in USD: 1 CDB = 0,10 USD
Accepted currencies: BTC, BCH, ETH, ETC, LTC
Bonus program:
30% Bonus for PROB
25% Bonus for USDT, BTC, ETH, XRP
Token distribution:
14.46% - Private / Pre-Sale
21.69% - Public ICO
27.71% - Team & Advisor
19.28% - Marketing & General (Internal)
16.86% - Bounty
Funds allocation:
27.94% - Interconnection Dev
12.24% - Marketing & General (External)
24.4% - Mobile Ad Platform
14.24% - Ad Platform Integration
21.18% - Operational Overhead