CYBIT — Leveraging the Power of Cryptocurrency for Crowdfunding Transformation

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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”.

VISION

The vision for the CyBit project is to introduce a new Global Marketplace that utilizes a credible Blockchain-based token as a payment system through forex transactions and crowd-funding sources. It utilizes methodologies that will encourage and support infrastructure flexibility. We intend to provide a comprehensive smart-contract capability for seamless execution of projects with full transparency. The CyBit team is focused on assisting clients to handle increased customer demands without incurring increased costs. CyBit supports three kinds of fundraising campaigns, as illustrated in the diagram on the following page.

The CyBit management team and our Subject Matter Experts are poised to develop a platform for investors to finance projects through “CBT” as the underlying value token. Through an Initial Coin Offering (ICO), we will issue our utility based “CyBit” (CBT) tokens alongside the CyBit platform. CBT inherits the properties of a utility token and enables the user to utilize it for financial transactions over the CyBit platform. CyBit integrates the highest level of technology for financial transaction security in existence today. CyBit is backed by patented technology that is based on the Blockchain model.

MISSION

CyBit exists to develop a global marketplace for start-ups and investors based on Blockchain technology.
The company will provide a comprehensive smart-contract capability for seamless execution of projects with full transparency. Our mission is to provide a credible Blockchain-based globally accepted token to facilitate the payment system and Crowdfunding mechanism.
Currently the company is focusing on two emerging domains to facilitate the secure payment transaction by using Blockchain technology. These are:

• Crowdfunding sources empowering entrepreneurs

• Secured Payment system facilitating forex transactions

CyBit intends to resolve the issues of safety, complexity and lack of transparency by integrating the best technology solutions and removing existing barriers that ICO companies and investors are facing on a daily basis. Our mission is to create a people-powered platform that makes the ecosystem accessible to ICO companies and potential investors. The purpose of CyBit is to create a unique synergized interface for interaction of different audiences such as creators of ICOs, as well as classical Crowdfunding campaigns and their backers.

OBJECTIVES

• Single point of access to startups and potential investors

• To build an advanced ecosystem with adoption to the Cryptocurrency economy

• To be the most cost-effective and easy-to-use platform to facilitate connections between end-users and potential investors

• To accelerate mass adoption and increase trustworthiness of the Cryptocurrency market by providing trusted sources of data and business proposals submitted by startups seeking potential investment

• To provide consultancy services to start-ups in order to make their proposals more effective for attracting potential investors.

THE CYBIT ECONOMY (CYBITONOMY)

CyBit helps maintain the relationship between the founders, investors and the community with complete transparency. Before launching the platform, we created the principles of organizing the relationships between all participants of CyBit. These principles are known as CYBITONOMY.

The CyBit project is intentionally designed to help innovators, ICO start-ups and other future-thinking inventors to bring their ideas to reality regardless of their location, origin or socioeconomic status. CyBit solves many issues that start-ups and investors face today. Growing a successful start-up is directly dependent upon engaging the interest of the right people at various stages of growth. In fact, around 25% of start-ups fail because they have the wrong team or are not able to connect with potential investors at the right time.

WHY BLOCKCHAIN?

Blockchain has proven worthwhile in trust-imperative cases. It is highly useful in cases where a central authority controlling an institution can lead to a conflict of interest and risks exploitation of users.
Blockchain's proof-of-work feature makes it possible to add new entries only by solving mathematical problems, which in turn provides a cryptographic proof that a particular computer has solved a puzzle.
Whenever this happens, that particular computer or node is permitted to add a predefined number of transactions to a “block.” This block is then affixed to the Blockchain, with one block making the record higher.

CYBIT TOKEN

CyBit Tokens —or CBT — have many advantages over mainstream currencies. CBT tokens utilize the secure ERC-223 platform to provide Trackable Tokens through Smart Contracts. This supports infrastructure flexibility to ensure safety and stability of the system.

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Token Sale Information

CBT is CyBit's native coin, built to ensure a secured peer-to-peer transaction.

Early Participation Discounts

NOTE: Pre-ICO ends sooner, if the total value of purchase orders of CBT reaches the cap of 50 million USD.

Token Distribution

Our goal is to be as transparent as possible with token distribution and ownership. We firmly believe that Cryptocurrencies are part of the global financial future and are committed to building high-quality services around that viewpoint.