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CyBit (CBT) ICO

ICO
Past
Jul 01, 2018 – Nov 28, 2018

CyBit is a Blockchain-based crowdfunding platform that helps people who have the desire to establish a
new business (Start-ups) or undertake a worthwhile project. It enables individuals to make use of
crowdfunding techniques to raise the required funds. At the same time, CyBit helps investors to evaluate
potential business proposals to fund.

CyBit is the emerging platform that informs investors and
establishes a connection to investors and those start-ups or individuals seeking funding. All these
interactions will be possible through the use of a Cryptocurrency token called “CBT”.

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CyBit (CBT) ICO ratings

ICObench.com CyBit (CBT) icobench 3.5 / 5
ICOmarks.com CyBit (CBT) icomarks 6.6 / 10
TrackICO.io CyBit (CBT) trackico 4.3 / 5
ICOholder.com CyBit (CBT) icoholder 3.9 / 5
Our rating
6.2
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Overview

Project industry Crowdfunding & Lending
Product type Platform

What is CyBit

Crowdfunding is a popular concept in the emerging world of Cryptocurrency. Today, the world has been watching the rise of crowdfunding on top of Blockchain technology. The modern business environment considers crowdfunding as a way of connecting investors with modest business start-ups and projects.

However, Crowdfunding is emerging at a very fast pace, but existing platforms still have some limitations, such as:

  • The approach to develop and launch an ICO is very scattered and there are no certain rules to be followed;
  • Duplication of efforts wastes time and resources;
  • Various fraudulent campaigns have been conducted that resulted in founders disappearing after raising funds—essentially swindling the public;
  • Developers create their own set of instructions, landing pages and publicity campaigns from scratch; and
  • There are no synergistic channels between developers and potential investors.
  • CyBit is developing an open source ecosystem that will allow consumption and creation of nancial services and products to facilitate the crowdfunding mechanism on a global scale. The ecosystem is built on top of the Ethereum platform with smart contracts and will assist start-ups in getting investments; and help Investors evaluate submitted business proposals.

    Our goal is to offer a platform for potential investors to fund projects through “CBT” as the underlying utility token. This initiative enables start-ups and investors to collaborate in a global marketplace that is built to provide a credible Blockchain-based token, which in turn facilitates the payment system through forex transactions and crowdfunding sources.

    In creating the ecosystem, we selected a development strategy with a strong view toward the various limitations of existing solutions.

    The solution (CyBit) will empower ICO developers to visit the platform, submit their funding requirements, and use CyBit channels for evaluation by potential investors. Upon successful evaluation, the investors will invest in their projects using CyBit Tokens.

    CyBit has a proven track record of helping hundreds of companies to bring their ideas into reality through successful fundraising. In 2014, the CyBit team established an independent crowdfunding platform. Through numerous studies on the behaviour of crowd investors, the CyBit team analysed the disadvantages of the existing crowdfunding websites and evaluated the reasons why funded projects failed so often. After three years of solid research, analysis, planning and design, the CyBit team is ready to present the “CYBIT” solution—a uniquely benecial platform for ICO, crowdfunding, and crowd investing companies.

    CyBit's mission is to develop an open ecosystem that allows consumption and creation of nancial services and products through a crowdfunding mechanism based on Blockchain and smart contracts in a secure, transparent and convenient environment. CyBit specializes in application software design and development, secure mission systems, cyber security, mission critical software solutions, and systems for Cryptocurrency based on Blockchain Ledger Technology (BLT).

    CyBit management has over 25 years of experience in developing and implementing strategic IT-business alignment. This expertise extends to leveraging technology to ensure security of national and international digital infrastructures that empower companies to be leaders in their respective industries. At CyBit, we have assembled the strongest team of individuals who are experts in their respective domains.

    Details

    Pre-sales: May 10, 2018 - Jun 30, 2018
    Public sales: Jul 01, 2018 - Nov 28, 2018
    Token supply: 7,000,000,000 CBT
    Soft cap: 2,500,000 USD
    Hard cap: 5,000,000 USD

    Legal

    Blockchain Platform: Ethereum
    Country limitations: USA, China
    Registration country: United Kingdom
    Office address: 4000 Legato Road, Suite 1100, Fairfax VA 22033 USA

    Token info

    Ticker: CBT
    Type: Utility-token
    Token price in USD: 1 CBT = 0.1 USD
    Accepted currencies: BTC, ETH, LTC
    Token distribution:
    65%- Core Phase of Token sale
    10%- Partners&advisors
    13%- Team
    9%- Reserve
    3%- Bounty
    Funds allocation:
    52% - Gift code Inventory
    26% - Branding&Marketing
    14% - IT infrastructure
    5% - Legal&Financial Overhead
    3% - Bounty

    Offices on the map

    CyBit Roadmap

    1
    Q4 2017, NOVEMBER

    Research on market Opportunities-Global Market Analysis

    2
    Q4 2017, DECEMBER

    Initial research work completed and concept finalization

    3
    Q1 2018, JANUARY

    Initiate Designing Process UI interface Setup

    4
    Q1 2018, FEBRUARY

    ERC-223 Testing on Testnet Blockchain Whitepaper, public announcement

    5
    Q1 2018, MARCH

    Legal registration

    6
    Q2 2018, APRIL

    CyBit platform testing

    7
    Q2 2018, MAY

    Pre ICO starts.
    Pre ICO ends.
    ICO starts.

    8
    Q2 2018, JUNE

    Creation of SRS

    9
    Q3 2018, JULY

    ICO ends Hiring team for business operation & platform development

    10
    Q1 2018, AUGUST

    Exchange registration Platform development & operational process

    11
    Q1 2018, SEPTEMBER

    Android/IOS application development start CyBit platform alpha version launch & testing of platform

    12
    Q4 2018, OCTOBER

    CyBit platform marketing campaign

    13
    Q4 2018, NOVEMBER

    Contacting investors & startup for platform registration

    14
    Q4 2018, DECEMBER

    Organizing global event & summits

    15
    Q1 2019, JANUARY

    Setup an operational office & development center in India

    16
    Q1 2019, FEBRUARY

    Organize startup/ICO meetup events across the globe

    17
    Q1 2019, MARCH

    Get international investor on board from across the globe

    18
    Q2 2019, APRIL

    Launch first successful project & get funded through CyBit platform

    19
    Q2 2019, MAY

    Start a CyBit charitable trust & provide donation to various NGO through CyBit token

    20
    Q2 2019, JUNE

    CyBit platform Beta version launch

    21
    Q3 2019, JULY

    CyBit investors fund transfer Android/IOS launch

    22
    Q3 2019, AUGUST

    CyBit global customer support centers launch

    23
    Q3 2019, SEPTEMBER

    Embark the success of CyBit platform to next level

    Project team

    Naquib Hatami
    Naquib Hatami
    Founder and COO
    linkedin
    B. Lee Jones
    B. Lee Jones
    Chief Executive Oficer
    linkedin
    Paul MacFarlane
    Paul MacFarlane
    CMO
    linkedin
    Garima Singh
    Garima Singh
    Chief Strategy Oficer
    linkedin
    Guney Demirci
    Guney Demirci
    VP of Operation
    linkedin
    Jyoti Gujral
    Jyoti Gujral
    Lead Content Developer
    linkedin
    Anshu Rawal
    Anshu Rawal
    Consultant Business Analyst
    linkedin
    Anne Parker
    Anne Parker
    Director of Communications
    linkedin
    Talha A. Noyan
    Talha A. Noyan
    Community Development
    linkedin

    Advisors

    Simon Choi
    Simon Choi
    linkedin
    Vadim Ivanenko
    Vadim Ivanenko
    linkedin
    Paolo Hussain
    Paolo Hussain
    linkedin

    Social media

    Web-site Medium: CyBit (CBT) YouTube: CyBit (CBT) Telegram: CyBit (CBT) Instagram: CyBit (CBT) LinkedIn: CyBit (CBT) Twitter: CyBit (CBT) Facebook: CyBit (CBT)

    User rating:

    5/5 ( 1 )

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