Exbitrade ICO (XBT)
Fighting counterfeiting through blockchain
Counterfeiting is a major issue in the open market, with almost every product having its counterfeit being sold in different parts of the world. Exbitrade wants to resolve this issue by creating a blockchain based system that tags and tracks items to ensure their originality.
Start Date
04 Jul, 2018
End Date
31 Aug, 2018
Exbitrade Use of Token
XBT is the Exbitrade's native token. XBT is an Ethereum based ERC20 token. XBT will be used by users to pay for the services of the platform and for its growth.
Organization
Exbitrade
Platform
Ethereum
Coin type
App Token
Category
Exchange
Soft cap
3,000 ETH
Max cap
10,000 ETH
Max supply
1,000,000,000 XBT
Price
0.00004 ETH
Exbitrade Token Sale Stages
- Stage
- Start date
- End date
- Amount of Tokens
- Price
- Discount
Exbitrade Distribution
Exbitrade Use of Proceeds
Exbitrade Past Events
- 31 December, 2019
Excited about the unending possibilities of blockchain technology, we at Exbitrade decided to get our hands dirty and come up with a flexible crypto to crypto exchange to pro actively support new and upcoming tokens/currencies. We wanted this exchange to be fully extensible for user demands. After consulting friends, experts and a lot of other people we came up with the idea of social trade which was lacking in almost all of the popular exchanges. Social trading would allow traders to follow each other and grow as a community than a singular entity, as combined cognition is better than individual one. Thought of stock market in conjuntion with crypto trading seeded the idea of using indices, just like S&P500 or NASDAQ100.
- 31 January, 2019
We started the development of a basic MVP to substantiate our vision. Once we had the blueprint of exchange with basic trading features, team started its development. Counterfiet products, a major problem affecting customers' trust and brand reputation is one of the problems being solved by Own. XBT token was introduced as a multi purpose utility token. Own relies on XBT tokens for its functioning and can be used by any manufacturer to define their first ownership of a newly fabricated product.
- 30 April, 2019
By mid April, Exbitrade's exchange platform was ready. We started with the integration of Bitcoin, Ethereum and some of top ERC20 compliant tokens. During this phase, to gauge initial audience interest we decided to give away 100 XBT tokens for every signup. This exercise helped us capture ~5,000 users in just 15 days with 0 budget marketing. Along with all this, we started working on official whitepaper for crowdsale of XBT tokens for Own and other killer features of Exbitrade exchange.
- 30 June, 2019
June is all about community recognition. Crowdsale and pre token sale with predefined bonues will be held. 55% of XBT tokens are dedicated for crowdsales. With a proper marketing plan in place and guidance from professionals, we plan to raise 10,000 ETH (~$6,000,000). Own app development starts with smart contract released on Rinkeby network till the end of crowdsale. App download link and other details to be made public.
- 31 August, 2019
After the completion of crowd sale, setup up separate teams for handling own development and exchange social features. Contact partners and manufacturer's to start using own's NFC tags and release a alpha version of Own Exchange supports a fully functional trail and guide follow features, traders can now follow other traders based on the trading activities.
- 31 December, 2019
By the end of December, own becomes a fully functional tool to defeat counterfeit products. With it's one tap solution to solve many problems related to product's authenticity and spoofing, several smart contracts are developed. Exhange supports new crypto currencies with exceptional impact on blockchain tech to get listed on the platform. This next generation exchange is ready to create a new revolution. Exbitrade - Own thy world