Sobit


Greetings to you all readers, in this article i will be discussing what exactly this brand new and pathfinding innovation(Sobit) is all about and i will appreciate your standing by till the end.

Thanks to the world of technology mixed with the innovation of this company making it possible for the success of this  platform and standing it out in the wild of Cryptocurrency with its exceptional cutting edge effort, as a corner stone and swift transformation to evolve

Sobit Overview:
Sobit is a blockchain based project which is aiming to develop a digital asset trading platform. This trading platform is user centric which ensures that the user will create a value and will all reap all the benefits of this decentralized platform. SBT which is Sobit token will be used in this ecosystem.
Sobit is the exchange belonging to its users at which there is a trade in digital assets including cryptocurrency. Developers of the project offer:
  • holding of shares;
  • mining by means of transactions;
  • full autonomy of activity.
Creators of Sobit have made a new ecosystem the SBT supported by tokens working at a blockchain. Each user having a certain quantity of these coins in the possession has the right to dividends from activity of the platform.
Today 10 billion SBT in addition are produced don't plan to release them. Depending on quantity of coins of SBT which the user has available his right — to define future development of the platform is exercised. Creators plan emergence of absolutely new ecosystem on a blockchain which is in full possession of users.
Core System:
The core system of Sobit will consist of the following elements:
Shareholding Plus Community Autonomy:
The platform gives quasi-equity rights to the users who will hold a number of SBT tokens. Quasi Equity means where a debt has some traits of equity or in other words it is a non-legal equity. The quasi-equity rights include receiving dividends, voting rights, right to know etc.
• Dividend: If a user holds a certain amount of SBT which accounts for 1% value of total circulation then the user will get 1% dividend on the amount of profit made. For example, on a profit of 100 BTC the user will receive 1 BTC.
• Rights and Obligations: The users will get access to the quasi-equity rights depending upon the amount of SBT he/she holds. If the user holds SBT less than 1000 then he can not have access to any rights. If the hold tokens are more than 1,000 and less than 20,000 then the user will get dividend from the platform. The users who hold 20,000+ SBT will enjoy all the quasi-equity rights on the platform.
• Community Autonomy: The platform will develop a reward system where the users, team and developers will be rewarded for contributing on the platform and helping the platform develop.
Trans-Fee Mining:
Sobit exchange platform as adopted a different method of charging transactional fees which is trans-fee mining. In this method the user when pays the transaction fee, gets back the fee amount in the form of platform specific tokens. In Sobit, 80% of the transaction will be reimbursed to the users in the form of SBT. The amount of Trans-fee mining will be reduced based on the total amount of circulating supply.
On the ecoplatform the community will be created where users of 20 000 SBT having available and more specifically to influence work of the platform will be accepted. The community will have a full autonomy on the certain platform where the fund of remunerations will be created the essential missions of community are defined. Developers of team and individuals will earn rewards for a certain contribution to development of this community. The platform will grow together with its users. Level of safety and unity will increase.
Team:
Hong Dong – CEO
He is a Senior product expert and also has good experience in product design.
Lancelot - COO
Intellectual, almost have read all the books. His meetings are always full of new knowledge and fun. He is the guarantee for the success of the team.
Adam – CTO
This mad programmer is obsessed with the efficiency of program under extreme conditions.
Silvia – Investor relation
She is very well versed in Finance and also has good experience in this field.
Ico Parameters
Token – SBT
Total Supply – 10 Billion SBT
Price – 0.00025 ETH
Soft Cap – $1M USD
Hard Cap – $5M USD
Project purpose
Main objective of the Sobit project — creation of such digital exchange which belongs to users functioning on which people receive preferences. For example dividends. The operating platform has a certain profit — intra day income minus expenses per day. If the user has 1% of the offer of tokens that is necessary to him 1% of dividends.

Daily income — it full income for these days which enter:
  • listing collecting;
  • commissions on transactions;
  • withdrawal of funds commissions;
  • advertizing commissions, etc.
Daily expenses are:
  • average labor costs;
  • site content;
  • maintenance of servers;
  • expenses on advertizing, etc.
Verdict:
• The project has good social media reach on Telegram as it has around 7,000+ members.
• The project has low hype on other social media sites such as Twitter and Facebook where it has around 3,000+ followers.
• The whitepaper of this project does not consist of detailed information about the project.
• There is not much information given about the background and expertise of the team members.
• The MVP for this project is currently not available.
• The information about the partnership of the project is not yet available on the website.
For more detailed informations, visit:
Authorship: joecolern
BTT profile link- https://bitcointalk.org/index.php?action=profile;u=2246034


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