KuBitX

"KuBitX is a centralized cryptocurrency exchange. Building the most advanced and robust Trade engines, one of the most secure, fastest and robust platform today."

How many transactions can you execute per second?

Team ★★★★

The team is nice, good balanced and with a strong background. The advisors complete decently the core team.

Vision ★★★
I dont know how you can be different to the rest of exchanges. You are centralized, without special services and the ambassadors are not enough to success.

Product ★★★★
It seems that the development of the platform is on an advanced stage, good for improve the risk managment of the investors.

• It seems difficult to get a nice ROI with this ICO.

About team :
Don't find CEO and COO profile picture on LinkedIn Also and in the team CMO position is missing.
After all team is experienced as they worked with some reputed multinational companies.....
About vision :
Don't find any exceptional features in the exchange ..... There are tons of exchangers in the market ... so in competition market if your marketing level is low its hard to get exposure.
About MVP
I found a prototype. Will be waiting for beta

Unfortunately, the market has already not good. Now there are more than 200 crypto exchanges and are planned for another 1000 exchanges. I don't think it's a good time to invest in crypto-exchanges. The project has a good team, but the CEO does not have a photo in his Linkedin profile. While the project does not have MVP, I give a low rating.

The team is rather small and I would greatly recommend you to increase your team size in order to properly develop your project.
The vision is not quite original, but it is good.
And they have an MVP available! Good luck!

Whilst there are a lot of cryptocurrency exchanges already available, if they can manage to achieve 12 million + transactions per second then of course the potential is massive. A fairly strong team leading it as well, it's going to be interesting to see this develop further.

Team is good and experienced and has strong background. It's looks Another exchange project and it's centralized. I don't find any exceptional features in the exchange. In this competition market it's really hard to get proper success without unique and exceptional features.

Product: It's just a prototype. Will be waiting for beta version.

This is really an awesome project with loads of potential. I was fortunate enough to meet the team and some of the advisors at the Global Blockchain Congress last year and they are clearly passionate about what they are doing. I have also collaborated with some of the advisors and team members on other projects as well so I know how dedicated they can be.

I spent two hours discussing this project with the team , why ? I am passionate about emerging markets and solving some of the issues that are holding them back especially in Africa
This is a team of blue chip trained professionals who have a network into the local customer and partner base which is critical in their target area.
Do they know what they are trying to do and problems to solve, hell yes , they have men on the coal face.
What is the opportunity ? Well they have several revenue streams and angles , any of which can make a very successful project and token.
I will be actively looking to partner with the team on two of my projects with africa base as I believe they will become an invaluable partner and success.
I'm a believer here and they tick the boxes for me as many western companies will not go near their user base due to fear and ignorance

Team - Well educated and experienced core team, good advisory team with relevant subject matter expertise.

Vision - admittedly, not a decentralised exchange in current form, but an exchange targeted primarily at the African market (a lot of tier 1 use cases for Crypto in reality, such as Zimbabwe in 2017) seems like a brilliant opportunity. The business development for the exchange will be very hands on, through use of ambassadors for education and interaction with potential users. The exchange mechanism seems sound, not dissimilar to anything on the market but with a better TPS rate and lower latency than available from major exchanges. The token is native to the exchange as per Binance.

The WP does a good job of showing how the funds will be used in the breakdown, with each stream of business development receiving a requisite amount to help the exchange and secondary/tertiary work streams evolve.

Targeting a continent where Crypto's use case as a free currency with no capital controls, geopolitical or inflationary issues is what really stands out to me here. If the transition from crypto back to fiat is relatively seamless, this exchange could be huge.

Product - I couldn't find the beta on the website, so cannot commit to anything higher than a 3 at this time, but should the team achieve their goals of a user friendly, high operating exchange with hassle free Crypto to fiat conversion, then I would happily remark this to 5.

All in all, potentially a game changing project for both the African continent and the crypto industry as a whole.

KuBitX has an edge over other exchanges as it already has partnerships with multiple renowned banks. The team is experienced from what I can tell, with good experience with multinational companies. The MVP is already released which is a plus. Though the company is trying to compete with the huge number of exchanges that are already in existence.

This industry needs a lot of professional and reliable exchanges so so-called game-changing platform must be something unique with unique features as well as remove all barriers that other existing platforms are facing such as fiat pairs, ...

What would you do to stand out of the crowds and how to attract more traders to use your new platform while other are doing it well now such as binance, bittrex....?

Security is also a key concern for loyal traders and even the biggest platform like Binance has also encountered recently. How to address this.

The MVP interface looks messy and it makes me feel another tradesatoshi to come. Happy to update my rating.

Exchange platform ICO is filled worldwide.
This project seems to be preparing excellent members, safe roadmaps and differentiated points.
But I think it is weak as a reason for this exchange being chosen. Like other exchange ICO.

Another exchange, this one NOT following the global trend of decentralizing all exchanges.

Using ETH doesnt really make sense to me in this capacity. Ethereum suffers from congestion, has a high technical entry barrier, and is just not needed in this capacity. What will you do when another silly project like cryptokitties slows the entire ETH network to a halt? Would this mean no more transactions can happen on your exchange because your erc20 token cannot be used?

The concept of a global exchange is commendable and something that is needed in the current crypto landscape.

The concept of doing all fees in your own erc-20 token seems risky to me. What if the token value comes crashing down? How will you generate income then?

This concept, clearly is not new and not very original.
I appreciate and like one thing in particularly, the Crypto Asset African market that you want a piece of.
I don't really believe you have the abilities, know-how and skill set to transform this important market;
A lot of focus should be directed towards self regulation; especially at this point - KYC, AML and CFT.
Another piece of advice: make sure you engage a solid security team that will insure all your wallets are working on the best security levels and processes.
Best of luck!

11 team members and 11 advisors. I highly recommend you to increase your team size. I can see that the project is still in its early stages so this might be the explanation.
Aside from this, the project looks promising. And they have an MVP.

Another exchange. I don't see how they can differentiate themselves in an already crowded market. Running an exchange is not easy business. All the best!

I see lot of exchanges now a days!

The one thing I noticed is 12 Million+ transactions per second, how are you going to achieve that?

If you can provide satisfactory response, I will increase my ratings.

The vision is weak as thousands of new exchanges are popping up with the same idea. I have hope in KuBitX if only they execute what they say. EG: top trading engines can only handle around 2 million tx's per second. If they can pull off 12 million+ tx's/second, this can be game changing and be leading exchanges in terms of the low-latency. Good luck team, I'll be keeping my eye out.

After reviewing the entire project, I have come to the conclusion that this offers no benefit over existing exchanges.

The team is okay at best.

Binod is the only person who brings me any confidence in the entire project. His skills and knowledge are second to none but again, he is an outsourced employee and not core structure.

Vision lacks marketing.
Your building an exchange, you need significant ways to bring users to you.


Time of ico is not available. Maybe waiting for the right time to crowdfund?

If it improves somehow I will revise but at present based on facts and figures I cannot give any benefit for their exchange over others with lots of experience and more funds for discovery and scaling.

The idea of an exchange is not new, there are plenty in the crypto space and some deliver poor results.

In the description they say they handle 12M+ tx per seconds:
What does that mean? how did you came to this numbers? Don't be afraid to be technical

Looking forward the answer to my question, project is interesting

COO and CMO are well experienced, also added a Token expert is a good move.

The markets moving towards decentralized exchanges, atomic swaps, etc. Fees are half the price as Binance, however the power house exchanges have already been established IMO. Fiat withdraws are nice.

The tech behind this is great, however, the centralized exchange space is crowded and a thing of the past. It’s great you’re targeting emerging markets.

Colors align too much with Kucoin.

Ratings are not endorsements or financial advice of any kind. Always do your own research before investing, especially in ICOs.