CyBit

About:

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”. The vision for the CyBit project is to introduce a new Global Marketplace that utilizes a credible Blockchainbased token as a payment system through forex transactions and crowd-funding sources. It utilizes methodologies that will encourage and support infrastructure exibility. 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. The CyBit solution empowers ICO developers to visit the platform, submit their funding requirements, and use CyBit channels to get evaluated by potential Investors. Upon successful evaluation, the Investors will invest in their projects using CyBit Tokens. The entire process is secured using smart contracts. The platform protects the rights of each stakeholder.



Intro:

CyBit is an Open Source Ecosystem to facilitate Crowdfunding! CyBit 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 supports three kinds of 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 value token! CyBit providing a comprehensive smart-contract capability for seamless execution of projects with full transparency and liquidity.



Milestones:

Q4 2017, NOVEMBER

Research on market Opportunities-Global Market Analysis

Q4 2017, DECEMBER

Initial research work completed and concept finalization

Q1 2018, JANUARY

Initiate Designing Process UI interface Setup

Q1 2018, FEBRUARY

ERC-223 Testing on Testnet Blockchain Whitepaper, public announcement

Q1 2018, MARCH

Legal registration

Q2 2018, APRIL

CyBit platform testing

Q2 2018, MAY

Pre ICO starts. Pre ICO ends. ICO starts.

Q2 2018, JUNE

Creation of SRS

Q3 2018, JULY

ICO ends Hiring team for business operation & platform development

Q1 2018, AUGUST

Exchange registration Platform development & operational process

Q1 2018, SEPTEMBER

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

Q4 2018, OCTOBER

CyBit platform marketing campaign

Q4 2018, NOVEMBER

Contacting investors & startup for platform registration

Q4 2018, DECEMBER

Organizing global event & summits

Q1 2019, JANUARY

Setup an operational office & development center in India

Q1 2019, FEBRUARY

Organize startup/ICO meetup events across the globe

Q1 2019, MARCH

Get international investor on board from across the globe

Q2 2019, APRIL

Launch first successful project & get funded through CyBit platform

Q2 2019, MAY

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

Q2 2019, JUNE

CyBit platform Beta version launch

Q3 2019, JULY

CyBit investors fund transfer Android/IOS launch

Q3 2019, AUGUST

CyBit global customer support centers launch

Q3 2019, SEPTEMBER

Embark the success of CyBit platform to next level