ICO KYC Report
2 members invited
About Bytus
Global Digital Payment is a blockchain-based payment system that seeks to revolutionize crypto payments by creating a convenient and safe ecosystem where Bytus Wallet users can conveniently make contactless payments via payment terminals and the Internet using a QR code. Additionally, the payment system features instant conversion capabilities of cryptocurrency to fiat. Such features are anticipated to develop, improve, and globalize cryptocurrencies.
The platform will assist retail businesses in introducing cryptocurrencies as an accepted payment method. This will enable the businesses to attract more customers who prefer using cryptocurrencies as a payment method as well as help customers explore new markets.
Bytus Tokens will be the platform’s main and only utility token. Depending on their needs, the user can freeze the tokens for incoming and outgoing transactions. After the transaction, the tokens become inactive for 24 hours during which they can be returned to the main account.
Whitepaper
Missing whitepaper? Let us know.
Ratings
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Clemen Chiang
Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading
Rated on Jan 22, 2019
Modified on Feb 25, 2019
Rated on Jan 22, 2019
Modified on Feb 25, 2019
3
3
3
12%
Even though KYC does not guarantee ICO success nor is a call for investment, the process verifies the key members of the founding team as a first key test.
Please contact Sum & Substance promptly since your ICO starts in 102 days!
Willing to revise this rating if the team responds.
All the best!
~~~~~~~~~~
Altug Tatlisu
ICO team member replied on 29 Jan 2019
I verified myself as a founder of bytus project.
~~~~~~~~~~
Dear Altug
Please go to the right side under Bookmark to complete your ICO KYC Report.
All the best!
~~~~~~~~~~~
Altug Tatlisu
ICO team member replied on 24 Feb 2019
Dear Clemen
would be great if you revise our rating.
All the best !
~~~~~~~~~~~
Dear Altug
Congrats for passing the KYC!
1. Minimum investment is US$10,000. This amount seems to be too high for your supporters to take part?
2. Advisors are missing in your team. You might need experienced advisors to help you navigate through this ICO process?
3. "The system replaces Visa and Mastercard payment systems, adding cryptocurrencies."
This value proposition is not entirely clear to me. Perhaps a rewording will help with articulation?
All the best!
+1Agree
-2
-3Disagree
Report
Daryl Naidoo
Founder-Promethean Dynamics |Certified Blockchain Solutions Architect|Blockchain Advisory Council |Alliance of Blockchain Professionals |
Rated on Nov 4, 2019
Rated on Nov 4, 2019
5
5
4
10%
Bytus has a strong team and an impressive set of advisors, some of whom I have worked with on previous projects.
I believe that they have what it takes to deliver a winning platform.
Agree
0
Disagree
Report
Ismail Malik
ICOCROWD Editor-in-Chief - Blockchain + Strategic ICO Advisory
Rated on May 7, 2019
Rated on May 7, 2019
4
5
5
9%
This is much needed and the size of the market for this type of service is likely to explode over the next 24 months. Great product, great vision and lots of potential for growth.
+1Agree
+1
Disagree
Report
Florian Rézeau
COO | ICO Advisor
Rated on Nov 3, 2019
Rated on Nov 3, 2019
5
5
4
8%
Very good and strong team, they are very easily accessible and answer your questions quickly.
The project vision is excellent, payment by crypto with instant conversion into fiat is a vision that I share so I can only encourage projects that go in this direction.
Waiting more for the MVP.
I'll keep an eye on this project for sure.
Agree
0
Disagree
Report
Shehzad Khan
Blockchain Developer , Android Developer, Consultant , Advisor of Marketing , Business Development and Investor.
Rated on Jun 19, 2019
Modified on Jul 26, 2019
Rated on Jun 19, 2019
Modified on Jul 26, 2019
5
5
3
8%
Team: I would like to rate Nicolas is a great manager so as i have deeper research about about the project team is fantastic and passionate.
Vision: Vision is great just because of the team. Because if team is passionate so they are stronger toward deep vision too.
Product: Product is missing but i believe that they will create a great platform in a future.
Agree
0
Disagree
Report
Sean Brizendine
Certified IIB Council Blockchain Professional
Rated on Nov 2, 2019
Rated on Nov 2, 2019
5
5
5
8%
Bytus is the perfect application for Online Payments. It has an All Star Team with Top Crypto Experts and holds the promise for the Future. I believe in this project and its Leaders and Team. I will look forward to watching its success!!
+1Agree
+1
Disagree
Report
Artur Holzwert
IEO STO and ICO Advisor
Rated on Apr 23, 2019
Modified on Apr 24, 2019
Rated on Apr 23, 2019
Modified on Apr 24, 2019
4
4
4
6%
Vision:
It is difficult to say whether or not this idea has a potential for success.
On their website it says $1,75M has already been raised. So over half of the softcap goal has already been reached.
Team:
A sturdy looking team with good advisors.
A description on what each team member does would be helpful.
KYC passed.
Product:
The basis of this idea is a payment token which depends heavily on partners but I see no mention of any on website or wp.
No MVP or product as of yet, that I can see.
Their Github only has a forked repository
I will change my rating when team provides their promised alpha app.
After further investigation I have decided to update my rating. And if a product is provided, I will change my rating again
Agree
-2
-2Disagree
Report
Al Leong
CMO, Advisor, Business Development (APAC, USA)
Rated on May 12, 2019
Modified on May 12, 2019
Rated on May 12, 2019
Modified on May 12, 2019
3
5
3
5%
Vision of product is an excellent stop gap measure for the general mass adoption of crytpo through retailer acceptance and issues associated with fiat conversion. Once adoption takes hold in the longer term future, conversion to fiat may be unwanted or unnecessary and at that point this product will decrease in usage and value. But until that time comes, this product is excellent. Team is India based and seems to lack diversity and global reach in order to penetrate global markets for mass acceptance. Good development but somewhat lacking in marketing (go to market strategy). Cannot evaluate product (whitepaper download unavailable) - until then I have standardized product score to 3 - which can increase with WP download.
Agree
-1
-1Disagree
Report
Emanuele Ferrari
ICO-STO-IEO ADVISOR | BITCOIN ROCKER | ICOBENCH EXPERT
Rated on Jun 20, 2019
Rated on Jun 20, 2019
4
5
4
5%
Bytus, Payment by Cryptocurrency with Instant Conversion into Fiat
This seems to be what cryptocurrency wold need, with a clear and simple vision
Team has required skill to conduct a blockchain project.
We wait for some partnership to update product rank.
Good luck!
Agree
0
Disagree
ReportExperts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
Press Releases
Blog
Financial
Token info
Token
BYTS
Platform
Ethereum
Type
ERC20
PreICO price
1 BYTS = 0.53 USD
Price in ICO
0.5900 USD
Bonus
| Private-ITO | 48% |
| Pre-ITO | 37% |
| ITO | 12% |
Tokens for sale
50,000,000
Investment info
Min. investment
100 USD
Accepting
BTC, ETH, USDT
Distributed in ICO
75,8%
Soft cap
8,000,000 USD
Hard cap
21,000,000 USD
Raised
$21,000,000
Milestones
1
May 23 2018
Idea Generate.
2
June 2018
Team Build.
3
Aug 2018
The study of competitors, the development of architecture and the creation of whitepaper.
4
November 2018
Preparing for a private ITO and holding a private ITO.
5
December 2018
Start of the development of private blockchain network.
6
March 2019
The beginning of the development of mobile wallet applications.
7
April 2019
The launch of the test private blockchain network.
8
May 2019
The start of the development of CryptoBank;
Pre-ITO.
9
July 2019
The launch of the alpha version of the private blockchain network;
Launching alpha versions of mobile applications.
10
September 2019
ITO Sale.
11
October 2019
Launching the beta version of the network.
12
November 2019
POST ITO to sell tokens via CryptoBank;
The launch of the alpha version of CryptoBank;
Launching beta version of mobile applications.
13
January 2020
The release of the beta version of CryptoBank.
14
February
Improving the work of network shutdowns for community needs.