SubbitAbout Subbit
Subbit is a new payment alternative, which allows consumers to pay for just about anything on a monthly subscription basis, rather than by cash or card.
SUBBIT is powered by smart mobile technology and enables any business to convert virtually any product or service into a subscription package. The SUBBIT token is a modular utility token, developed on the Ethereum blockchain, which gives users access to exclusive products, savings and cash-back rewards within the SUBBIT network.
Our vision is to create a new exciting pattern of consumption worldwide, which rewards consumers with better value, and convenient access to the things they love. SUBBIT will become the world leader and market default for B2C subscription payments, actualising a global $8 trillion market opportunity
View the full app: https://www.subbit.io/app
SBT Token
Our SBT Token is far more than a speculative item. It gives holders access to a truly spendable item with genuine growth benefits.
The Subbit ecosystem will support our SBT token, which will be available as detailed in our Token sale roadmap. SBT will be developed on the public Ethereum blockchain as an ERC20 token. The Ethereum blockchain is recognised as an industry standard for issuing custom digital assets and smart contracts. By developing on the Ethereum ecosystem we will gain utility of the existing infrastructure, technology and support.
The token will be redeemable on every subscription product available in our marketplace, and consumers will be rewarded with a percentage-based discount whenever they spend it. SBT will also grant consumers premium access to special deals and exclusive ‘SBT-only’ products within the marketplace. Our development roadmap also includes our own distributed SBT protocol coin. The SBT Coin will offer the same benefits as the SBT token, but will be a fully developed protocol and blockchain designed to act as the Bitcoin of subscriptions..
Token Distribution
We have ensured the integral utility of the SBT token throughout our ecosystem by fuelling all platform rewards and fees. The capital raised during the token sale will enable us to establish our marketplace in global mainstream commerce and retail, and as the platform grows so too will token demand and utilisation.
PRE SALE START DATE : 20th August 2018MAX CAP PRIVATE SALE : 20M USDTOKEN PRICE : 80,000 SBT / 1 ETHPROJECT PROTOCOL : ERC 20, ETHSALE SUPPLY | TOTAL SUPPLY : 12.4 Billion SBT | 20 Billion SBTACCEPTED PAYMENT : Various during PRIVATE ROUND
Fund Allocation
Investment Rounds
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PRIVATE SALE (NOW LIVE)Token Cap: 3.1 Billion SBT Bonus: Undisclosed
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PRE SALE (BEGINS AUG 1ST)Token Cap: 1.86 Billion SBT Bonus: 25%
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ICO MAIN SALE (BEGINS PRE-SALE END)Token Cap: 7.44 Billion SBT Bonus: 15%, 10% & 5%
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2017Q1 2017IncorporationProduct Parameters agreedFounding Team assembledBrainstorming and concept testing
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Q2 2017Commence Brand developmentDesign initial prototypesFull MVP parameters agreedERD Design of full product ecosystem
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Q3 2017Market Research ConductedWhitepaper v1.0 writtenInitial funding allocatedCommence App Development
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Q4 2017Internal Launch test net appInitial blockchain development meetingsTeam expansionUser Pre-registrations commencedVendor Pre registrations commenced
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2018Q1 2018Token release plan developedLegal structure agreedBlockchain development team assembledWebsite DevelopedSmart Contract Structured and DApp platform agreedLegal Team assembled
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Q2 2018Private sale commenceStart of airdropLaunch LIVE app for IOS and Android devices scheduledPartner OutreachWe are here
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Q3 2018Launch LIVE app for IOS and Android devices to coincide with start of public salePublic token sale commenceGrowth of social and community management teamsBegin full sales outreachGlobal Social Influencer and Domestic Retail outreach (Phase 1)Token Sale end
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Q4 2018Token burn of excess tokens to reduce supplyListing on at least 3 exchange platformsLaunch v2 with SSPN and full blockchain support
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AUTHOR
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Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1953653