XBIT (XBIT)

XBIT

XBIT are moving and driving forward with their new incubation platform built on blockchain technology, with attributes of social, sharing and copyright protection.

7.6
Token Sale ended
24 Jul, 2018

XBIT (XBIT) Info

Ticker:
XBIT
Token Type
ERC20
Fundraising Goal:
N/A
Received
N/A
Price
1 XBIT = 0.1 USD
Sold on Pre-sale
30%
Total Tokens
1,000,000,000
Token Available for Sale
300,000,000
Whitepaper
Yes
KYC
Yes
Token Issue
After Sale
Country
Singapore
Team Members
6
Industry
Blockchain Services
Blocked Countries
USA, China, Singapore
Accepting
ETH

Pros & Cons

Basic concept but one with huge potential

Aims to offer a low cost and cost-effective concept

Should have a large take up of investors

Appeal for a cross market section

Easy to understand and utilize concept

More of a long-term investment

May need further ongoing development

Large team required for project

Ongoing costs may be involved

Large white paper and roadmap

Features

XBIT are moving and driving forward with their new incubation platform built on blockchain technology, with attributes of social, sharing and copyright protection.

Overview

You are going to have to study in detail the whitepaper of the XBIT ICO, for it is best described as having one of the more technical concept backing it, but as is often the case once you do understand the concept you will find it easy to base a decision to buy into their tokens or not.

However, what I have noticed and you will as you are studying the way they have put together their pricing model for their tokens, is that that are not too expensive, and do give you an idea of the risks attached to them too.

It is your decision as to whether some of the more technical concepts and projects are the ones you wish to invest your funds in, but when it comes to those that do have the potential for very high growth it is ones such as the XBIT ICO that could bear fruits.

Learn More About the XBIT ICO

There is a good chance that this ICO is one that does appeal to you and if so then along with watching the following video presentation please do study their website and make use of their whitepaper too.

Team

Members

  • Roy Cai (Core Blockchain Developer)
  • Taylor Zhao (Artificial Intelligence)
  • Elina Liu (Big Data & AI)
  • Jason Liu (Modeling)
  • Andrew Huang (Algorithms & AI)
  • Robert Luo (System Security)

Conclusion

Trust does play a major part in investing and in business in general, and as such that does play a huge part in the XBIT concept, so if you are seeking something that is proven to work and just needs rolling out then this may be an initial coin offering worth investing it.

But at the end of the day you need to weigh up the cost of their tokens, which as you are see shouldn’t break your bank with the potential for growth on any period you want to hold onto them as that is important.

I cannot see any reasons why with the right team driving this concept forward and their very well thought-out and designed roadmap and of course their whitepaper, why it could be a business that do produce good returns on your investments.

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