SINGAPORE, July 20, 2018 /PRNewswire/ -- On July 20th 2018, the Chief Operating Officer of KitToken Inc Pte Ltd launched the KitToken ICO at the World Blockchain Summit at Marina Sands Resort, Pulau Sentosa, Singapore.
Mr Amir Mohammed who is the Chief Executive Officer of KitToken unveiled the cloak of its fascinating and impressive business plans and roadmap to make KitToken (abbreviated as KIT) a viable utility cryptocurrency. Mr Amir revealed a cryptocurrency that is "organic growth utility" which will have an impact in the regional market if not the global market.
8 billion KITs will be released into the global cryptocurrency market on July 20th 2018 of which 3.5 billion sold during Pre ICO, 2.5 billion Airdropped and 2.5 billion reserved. The 8 billion KITs will be worth USD400 million upon its release on the Coin Market Capitalization.
The CEO emphasizes that KIT will be a utility token used daily by the masses to remit, transact and trade, whilst gaining from its usage and gradual appreciation of its value. KIT is unique as it be a safe investment as it will grow in value in proportion of its usage and yields annual profits over the long run. It will be a cryptocurrency that many would like to own and use.
KIT will be growing in value as the masses utilise it on their daily payments and transactions. KIT will be readily acceptable as its KitPay wallet will have features unseen in other crypto wallets. Its ability to exchange in multicurrency and multifiat will make KIT a universal payment receivable gateway for B2B as well as B2C.
The ability of KIT to perform these exciting functions, resulted from combination of its young dynamic founding members and its enterprising corporate founding members. The mixture the 2 generations will ensure KIT to be the most acceptable utility crypto in the global market.
Kittoken will be participating in a series of blockchain & crypto exhibitions in Mumbai, Dubai, Riyadh and Jakarta from September till December 2018.
For information & media & release:
Mohd Taufik Abdullah
Chief Marketing Officer
Kittoken Inc Pte Ltd
No 8, Jalan Pisang,