KitToken is one of the recently introduced blockchain technology based platforms that is featuring an advanced financial ecosystem. This ecosystem sues the features offered by the blockchain technology along with the value transfer protocol to enable the quick and faultless transactions between two parties. This platform supports peer to peer basis value transfer and allows the users to save additional cost which they may spend by paying considerable transaction fees.
It is also planning to feature a decentralized platform where the transactions can take place at lightning fast speed without any limitation. Though technological growth has presented many great money transfer options, but the traditional approach is full of flaws. It is important to update the way transactions took place till the date and KitToken is doing it efficiently.
KitToken Is Going to be the Best Payment Ecosystem:
When it comes to offering the participants with advanced payment solutions, KitToken is using innovative technology to keep the value transfer transparent and safe. This platform offers a place where all the token holders can appreciate the value by using global open trade. In order to provide the users with affordable transactions, this platform eliminates numerous intermediaries and allows two parties to deal directly with one another. It does not matter that the second party belongs to your country or not, you can conveniently make cross-border transactions within a few minutes.
KitToken’s main focus remains on offering the users with exceptional security and complete transparency. It achieves this goal by using the cutting-edge solutions featured by the blockchain technology. It is deploying the SHA-256 high level solidity code to support fast and secure transactions every time someone transfers the cryptocurrency to another account. There is no need to say that this code works exceptionally well on blockchain and the users are going to experience full scale features of this code.
How The KitToken Platform works
KitToken is based on KitPay, which is an open source platform. This platform operates like a centralized server within the decentralized ecosystem of KitToken. It is going to provide every participant with a wallet in which the participants can store their KitToken coins, trade these coins, and exchange them on any crypto exchange. This token is going to work as a general utility token. You will need the KitToken coin to pay for the services you use on KitToken platform. Every participant can use this platform conveniently and through a Point of Stake system the participants will make profit as the KitToken ecosystem will make profit in the market.
Tokenomics:
The initial coin offerings for the KIT tokens will begin during July, 2018 and it will last until Aug, 2018. If you think you will need the solutions offered by KitToken in the future, you must invest in this platform. It is going o distribute around 45% tokens during the ICO and the rest will be reserved for the team, marketing, R&D, and Reserve.
Token Name : KitToken
Symbol : KIT
Decimal : 18
Token : $0.05
Final thoughts:
KitToken claims to be the leading decentralized payment platform. It will soon provide its services throughout the world. It is expected that KitToken can draw a huge number of active users and therefore the value of KIT tokens can rise quickly.
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