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MyBit ICO summary information

Project Description

MyBit is a Decentralized Asset Management Platform that uses blockchain technology and Ethereum smart contracts to create a new asset class for decentralized Energy and AI infastructure. MYB is an Ethereum-based token. All transactions on the MyBit platform are assessed a 1% network fee which is distributed to token holders based on their percent stake.The MyBit ICO will start on July 17th at 12:00 GMT +0, and will be open for 30 days or until the hard cap is reached. The hard cap is of 26,875 ETHER and the minimum requirement for the ICO deemed successful is of 4,000 ETHER. If minimum amount is not reached, all funds will automatically be transferred back to sender. Funds will be secured in a multi-signature wallet contract with 2 members of the MyBit team and 2 members from Brave New Coin and there is also a bounty campaign. During the ICO, 60% of the total 5M MYB supply. The remaining supply will be distributed as so:· 10% to Founders· 8% for Bounties and Advisors· 22% for Bonuses, Rewards, and pre-sale discountsThere will be 2 Tranches during the TokenSale. Tranche 1 includes 9,375 ETHER at a 25% Discount : 1 ETHER = 133 MyB. Tranche 2 consists of 17,500 ETHER at full price : 1 ETHER = 100 MyB.  

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*Disclaimer: This data should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency/cryptotoken or ICO.
MYB Latest Updates
February 23, 2018

“Without a solid foundation, you’ll have trouble creating anything of value”.

“Without a solid foundation, you’ll have trouble creating anything of value”.Although it’s a corny quote from the internet, it surely is true. In the past period a lot has happened with MyBit and we want to become more open to our community about our steady progress.We welcome Joost...

From: MyBit

February 15, 2018

MyBit caps token supply at 2.8 million, no additional tokensale.

MyBit caps token supply at 2.8 million, no additional tokensale.Hi guys, we’ve got some big news to share with you all today: we’re cancelling phase two of our token sale. After internal reflection here at MyBit and talking with the community, we’re sure that this is the right way to go....

From: MyBit

February 09, 2018

Hi guys, and welcome to the first of many UI blogs.

‘MyBit Platform UI Part 1'Hi guys, and welcome to the first of many UI blogs. After a couple of months of working through the UX and getting to a good place with the UI we wanted to show you all what we’ve been working on.Please note that everything is still a work in progress and...

From: MyBit

January 30, 2018

MyBit signs partnership with Alpine Mining.

We are happy to announce MyBit has signed a partnership with Alpine Mining.Alpine Mining is a sustainable cryptocurrency mining company based in Gondo, Switzerland, which benefits greatly from its location. Few places on earth are better suited for industrial scale mining than the Swiss Alps....

From: MyBit

MyBit sign partnership with Alpine Mining.

We are happy to announce MyBit has signed a partnership with Alpine Mining.Alpine Mining is a sustainable cryptocurrency mining company based in Gondo, Switzerland, which benefits greatly from its location. Few places on earth are better suited for industrial scale mining than the Swiss Alps....

From: MyBit

December 29, 2017

MyBit End of Year Summary

Hope everyone is having a brilliant Christmas and an enormous thank you for helping to make 2017 such a great year for MyBit. As 2017 draws to a close, it’s worth reflecting on what an incredible year it’s been for cryptocurrency. Just a year ago mass adoption still seemed a long way off,...

From: MyBit

December 15, 2017

MyBit Partners with Arabco Smart Technology.

If you have been keeping up to date with MyBit’s activity since our ICO in August, you will already know that our team was in Dubai in October attending Startup bootcamp’s Smart City Dubai event. We are now happy to formally announce that one of these partnerships was with Arabco Smart...

From: MyBit

MyBit Partner with Arabco Smart Technology.

If you have been keeping up to date with MyBit’s activity since our ICO in August, you will already know that our team was in Dubai in October attending Startup bootcamp’s Smart City Dubai event. We are now happy to formally announce that one of these partnerships was with Arabco Smart...

From: MyBit

December 12, 2017

MyBit token coming to Liqui exchange.

We are happy to announce that as of Friday, 15th December 2017, MyBit will be listed on Liqui exchange in the trading pairs MYB/BTC and MYB/ETH. This is fantastic news for all MYB token holders and supporters of the MyBit project.Based in Kiev, Ukraine, Liqui was founded earlier this year and...

From: MyBit

December 05, 2017

MyBit Platform Functionality

The MyBit platform is coming. For the first time ever, Investors will have access to investing in IoT assets using the blockchain. With the amount of revenue projected to be generated by these devices, MyBit is set to transform investing. The possibilities are endless, but here are three...

From: MyBit

November 20, 2017

MyBit Set to Be a Global Player in The Machine Economy

The world is entering a new era. Technological improvements are approaching the tipping point for creating what will be nothing short of a full scale economic revolution. IoT, automation and the machine economy are being ushered in before our eyes, and MyBit is at the forefront for investing in...

From: MyBit

October 26, 2017

Carbon Emissions are Harming Ocean Oxygen Production

Climate change is a loaded subject. It can be hard to make sense of what exactly is happening, how it affects you, and what can be done about it.So, let’s start off with an easy and important fact. The overwhelming scientific consensus is that climate change is real, and is being driven by...

From: MyBit

October 24, 2017

Dubai Initial Rounds Go Well, Partnerships Established

After the first rounds of Dubai Smart City Top 20 Start-Ups, MyBit has successfully created connections with several major companies, including a major credit card processor, a car manufacturer, solar companies, real estate companies and several mentors. We will be going back in 3 weeks to meet...

From: MyBit

October 23, 2017

Open Sunlight Lets Seattle Invest in Solar

The concept of utilizing solar energy as a significant power source has been around for some time now, and many people are behind this as an excellent source of electric production. However, the barrier to entry has not only been financial, but location for many. People living in areas that get...

From: MyBit

October 19, 2017

IoT Means Higher Electricity Demand

We are in the midst of a shift in how we operate in our daily lives. The Internet of Things (“IoT”) is currently upgrading our lives. Small everyday decisions and tasks will soon be handled by smart electronic connected devices. Your refrigerator will know when you need more food and make...

From: MyBit

October 12, 2017

Automation Will Kill Jobs, Solar Might Save Them

Automation is a real thing, and while some people are aware of this obvious trend, many are oblivious to it or believe that their job will be safe. However, some cities face upwards of 55% job losses due to automation within the next 20 years. While it may be obvious that many cashiers will be...

From: MyBit

September 29, 2017

Is MyBit the Decentralized Application That Will Give Solar Energy To The World?

The traditional business and economic frameworks have served as a pretty good system for getting us where we are today. They have provided an incentive structure for hard work, dedication and the pursuit of achievement which has led to the modern world as we know it. However, with the advent of...

From: MyBit

September 27, 2017

Go for Token Sales over Venture Capital

Token sales and ICO’s are starting to take off as a primary method for startups to raise capital and are putting a dent into what would normally be an area for venture capital money. While blockchain technology is a fairly new concept for many, it is proving to be an excellent method for...

From: MyBit

September 24, 2017

What is IoT and how will it Change the World?

If you’ve seen Iron Man, you’ve probably been jealous of Tony Stark. Everything he owns works seamlessly together to make his life effortless. “Internet of Things (IoT)” has been a massive topic of conversation lately and for good reason. IoT has already been shaping the way we live, the...

From: MyBit

September 23, 2017

Smart City Dubai — Top 20 Global Start-ups!

MyBit has been invited to “Smart City Dubai” as part of their top 20 global start-ups!MyBit will present a pilot to demonstrate applications for smart homes in Dubai on October 22th -25th. The audience will include Director Generals and Chief Innovation Officers of Dubai’s public and...

From: MyBit