United States – May 23, 2018 – CyBit is an Open Source Ecosystem to facilitate Crowdfunding, announcing that it will offer a Pre-sale of $ 50 million in CBT tokens to seed the decentralized crowdfunding platform. The funds will be leveraged to continue the development of its products and achieve the company’s mission.
The fastest growing market of cryptocurrencies and increasing interest in Blockchain technology has proven a superior way of raising funds than traditional fundraising practices. Due to rapidly changing scenarios the Start-ups who are looking to launch their ICO may feel flabbergasted by the cumbersome processes like creating their coin, developing their platform and run marketing campaigns. This requires legal and administrative activities too.
Cybit intends to solve all the above-mentioned problems and it focuses on building infrastructure for start-ups, entrepreneurs and potential Investors. A Blockchain-driven ecosystem changes how people connect with one another in business transactions by enforcing data integrity, accountability, transparency, and trust.
We’re providing a comprehensive smart-contract capability for seamless execution of projects with full transparency and liquidity.
“A Crypto Platform Utilizing Crowdfunding to Empower Startups and Investors”.
CyBit is an Open Source Ecosystem to facilitate Crowdfunding! Our platform is built on ERC-223 protocol with smart contracts for highly secure validation of transactions and protection from malicious attacks. It adopts methodologies that support infrastructure flexibility and ensures safety & stability of the system.
Cybit [CBT] token sale will support three main fundraising campaigns: Initial Coin Offering, Crowd investing, and Crowd Funding. CyBit offers a unique vehicle for Investors to finance projects through CBT as an underlying utility token!
On the Cybit platform, investors always receive one additional currency—CBT. When investors support pre-ICOs, ICOs or crowd investing campaigns, they receive two currencies at once, which gives them a double benefit. When they support crowdfunding campaigns, they receive Cybit Coins, insuring them against the failure of the project
The initial issue of coins will be limited to 10 billion tokens, which will be available during the pre-ICO and ICO. All of the coins which are not sold will be burned. The limited amount of CBT tokens means that their value is directly tied to the business model. Meaning that the value of the coin will grow with the platform. It ensures not only a steady growth in value but also a valuable asset for those looking to take their business activities to the next level.
Cybit pre-ICO launched on the 10th of May 2018 and the main ICO begins on the 6th of June, 2018. The campaign will last till 30th of July 2018. The Cybit token [CBT] will equal to $0.07 USD.
Learn more about Cybit ICO: https://cybit.io/