SUBBIT

SUBBIT – Pioneering Consumer Payment On Monthly Subscription Basis Via Blockchain.

Greetings Community, In this new post I will introduce about SUBBIT project,
and for more details let’s just go to the following discussion.

Introduction.

In recent times, consumers prefer to subscribe to a particular product rather than paying with cash or credit cards most likely because of the convenience and bonus often associated with subscription as a means of payment.
As we have it now, the subscription-oriented business approach has gained wide acceptance than other conventional payment options and so many consumer brands have chose it as a payment option over other methods.
It is only logical for them to do this as subscription method of payment gets consumers to access more of their products, provide instant savings and as well make the customer very loyal to their brand.

However, as superb as this payment option appears, one big challenge impeding its development is that it is majorly dominated by big consumer brands and companies involved with electronic commerce and digital services.

SUBBIT Platform

SUBBIT is a payment ecosystem that recognises the flaws in the subscription model of payment in force and uses a blockchain approach to create a marketplace that simplifies the process of using the subscription approach for making payment by subscribing using the SBT token per month.

SUBBIT FEATURES

Technologically-Oriented Platform

SUBBIT introduces egalitarianism into the subscription model of payment, such that every business can access the subscription marketplace anytime the need arise through their mobile phones. SUBBIT platform has developed an intuitive and encrypted digital option that simplifies the whole process and this makes it very easy for the businesses as well as the consumers.
The solutions incorporated includes an efficient mobile application with which users can easily subscribe to a particular business through their smartphones. This is more convenient than the rather complex and rigorous procedures associated with the conventional subscription approaches.

Complete Democratization

Through the total democratization of the platform, the subscription method is made completely flexible such that entrance and exit is no longer hindered, and completely new markets and prospects for retailers and other sole businesses are created. SUBBIT changes the world consumer system by introducing an effective and efficient subscription-oriented payment option that replaced the traditional use of cards and cash.

SUBBIT as a Blockchain Solution to Subscription Economy

SUBBIT offers the possibilities for users to select the type of currency to be spent, say fiat currency, cryptocurrency or the two currencies in the marketplace. It is therefore a linking platform.
SUBBIT accepts a wide range of common tokens and coins, and the official token of the platform, the SBT token. Through the SBT token, users can have private access to subscribe for just SBT and get additional discounts and rewards too. SUBBIT allows cryptocurrency to be spendable at several mainstream businesses.
SUBBIT platform allows the mainstream consumers in the whole economy to have unbridled access to making subscription through cryptocurrency and allow users to access several goods and services everyday. This enables several major global market to have access to the subscription economy.



This subscription approach is of importance in two major ways. It makes transaction time to be very fast. The smart contracts are specifically built for subscriptions, such that they can undertake payment for a service that’s presently running irrespective of the selected payment means. It eliminates the need for immediate transaction as the service received during subscription is still running.

The Subbit Token & Ecosystem.

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. As the platform and user base grow, so too will token demand and utilisation.

• Customer – CustomerGet cashback rewards and exclusive subscription access. Accumulate SBT for bonus discounts.
• Vendor – VendorEnjoy Fee-free platform access, benefit from risk-free credit based subscriptions with SBT.
• Token Holders – Token HoldersStake SBT for fixed price discounts, benefit from market growth and Subbit buy-back scheme.

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 : 20 August 2018
MAX CAP PRIVATE SALE : 20M USD
TOKEN PRICE : 80,000 SBT / 1 ETH
PROJECT PROTOCOL : ERC 20, ETH
SALE SUPPLY | TOTAL SUPPLY : 12.4 Billion SBT | 20 Billion SBT
ACCEPTED PAYMENT : Various during PRIVATE ROUND

Fund Allocation

Investment Rounds

PRIVATE SALE (NOW LIVE)
Token Cap: 3.1 Billion SBT Bonus: Undisclosed

PRE SALE (BEGINS 20 AUG)
Token Cap: 1.86 Billion SBT Bonus: 25%

MAIN SALE (BEGINS PRE-SALE END)
Token Cap: 7.44 Billion SBT Bonus: 15%, 10% & 5%

Our Private sale is now live. Apply for early-bird investment bonuses
Apply to Buy SBT Tokens : https://www.subbit.io/registerConclusion

Timeline

Our exciting timeline includes a live product release during the ICO
2017

Q1 2017
Incorporation
Product Parameters agreed
Founding Team assembled
Brainstorming and concept testing

Q2 2017
Commence Brand development
Design initial prototypes
Full MVP parameters agreed
ERD Design of full product ecosystem

Q3 2017
Market Research Conducted
Whitepaper v1.0 written
Initial funding allocated
Commence App Development

Q4 2017
Internal Launch test net app
Initial blockchain development meetings
Team expansion
User Pre-registrations commenced
Vendor Pre registrations commenced
2018

Q1 2018
Token release plan developed
Legal structure agreed
Blockchain development team assembled
Website Developed
Smart Contract Structured and DApp platform agreed
Legal Team assembled

Q2 2018
Private sale commence
Start of airdrop
Launch LIVE app for IOS and Android devices scheduled
Partner Outreach
We are here

Q3 2018
Launch LIVE app for IOS and Android devices to coincide with start of public sale
Public token sale commence
Growth of social and community management teams
Begin full sales outreach
Global Social Influencer and Domestic Retail outreach (Phase 1)
Token Sale end

Q4 2018
Token burn of excess tokens to reduce supply
Listing on at least 3 exchange platforms
Launch v2 with SSPN and full blockchain support

Partners & Integrations

Conclusion

SUBBIT platform is the first payment marketplace where consumers can pay for their goods and services through monthly subscription through the use of SBT tokens. The platform democratises the global subscription world and allows participation of other businesses who wouldn’t have had the opportunity to participate in the subscription economy.

To find out more. You can connect more with Subbit at the link below:

• Website ; https://subbit.io/
• Whitepaper ; https://www.subbit.io/#whitepaper
• Telegram ; https://https//t.me/subbitico/
• Twitter ; https://twitter.com/gosubbit
• Facebook ; https://www.facebook.com/gosubbit/
• Medium ; https://medium.com/subbit
• Reddit ; https://reddit.com/r/SubbitHQ/
• Youtube ; https://www.youtube.com/channel/UCj40kogX5zDbokHvMX9AMwQ?view_as=subscriber
• ANN Thread ; https://bitcointalk.org/index.php?topic=4631809.msg41865068#msg41865068
• Instagram ; https://instagram.com/gosubbit

Author ; Tejo_surty
Profile link ; https://bitcointalk.org/index.php?action=profile;u=2099518
ETH address ; 0xF9BC056454948A5D645c86708243A9C7d9578334