click here if you want to see your banner on this site

Author Topic: TransFastBit  (Read 151 times)

transfastbit

  • Newbie
  • Posts: 1
  • Karma: +0/-0
    • View Profile
TransFastBit
« on: May 23, 2018, 08:18:16 PM »

Today Bitcoin allows lower cost of financials transactions worldwide. Most transactions
are done using a Bitcoin wallet that require internet.
With your help, TransFastBit build a world-class platform for transactions Bitcoin (BTC)
by SMS.
Problem
A major obstacle to global adoption of Bitcoin is that the Bitcoin network works exclusively
with the Internet. Currently, the Internet is only available to a small part of the world's
population. However, there are now several ways to connect to the Bitcoin network.
With TransFastBit, it will be possible to use the Bitcoin network by SMS.
Solution
TransFastBit allows users to send and receive Bitcoin (BTC) without internet by using
simple text commands.
This will help in areas where access to internet is difficult or not possible.
In Africa for example the mobile money service M-Pesa in Kenya has treated about six
billion transactions mainly with SMS in 2016 with 29.5 million active customers.
TransfastBit uses similar technology but takes advantage of the security of the Bitcoin
Blockchain to provide transaction services to anyone who uses mobile phone without
internet access.
Beta users in Asia, South America and Africa will receive $ 1 in free BTC to test
TransFastBit technology in September. New users automatically receive a Bitcoin wallet
attributed to their phone when they receive Bitcoin, or when they send a command to
TransfastBit valid phone number.
TransFastBit never holds funds and all transactions are settled directly on bitcoin
Blockchain.
The portfolio works with basic commands such as BALANCE, DEPOSIT, SEND and
WITHDRAW.
4
Instructions
Save TransFastBit number in your contacts for easy use
 Check your balance
To check the balance of your portfolio, send the word BALANCE to TransFastBit number
of your area. You will get a response with the balance in your local currency and Bitcoin
(BTC).
 Receive funds
To receive the BTC in your portfolio SMS, send the word to RECEIVE at TransFastBit
number for your area. You will get a reply with your BTC address.
 Send to a Phone
To send Bitcoin to a phone in the world, text the word SEND space $ amount (* symbol
used for local currency or the exact amount of BTC) of the receiving space TransfastBit
phone number. Make sure you remove all symbols and spaces of the number you are
sending.
 Send to a BTC address
Send funds to another Bitcoin wallet by texting the word SEND amount $ space (* symbol
used for local currency or the exact amount of BTC) BTC destination address.
* The SEND command works with the symbol of your local currency or by entering the
exact amount of Bitcoin.
Example of using the SEND command:
TO SEND 0.0025 BTC Phone Number
TO SEND 0.0025 BTC 18005556060
Or
TO SEND 0.0025 BTC Wallet Address
TO SEND 0.0025 BTC 13BeNrgvtsqee2zYF4no7UV5uMe1Mx5fhS
To send your full balance, use the following command:
TO SEND ALL Phone number
Or
TO SEND ALL BTC Address
Text HELP to TransfastBit to review the portfolio of orders
5
Revenue Model
TransfastBit’s revenue come from fees charged for each transaction.
TransfastBit collecting a small amount of Satoshi per byte for broadcasting a SEND
message via its API. In US dollars, the fee is about $ 0.05 (five cents). This cost is fixed
regardless of the perceived value of BTC on the network. These fees can vary by region
due to varying costs of SMS gateways.
TranFastBit Token (TFB)
We will publish our token, called the TransFastBit Token. A strict limit of one billion
TransFastBit Token (TFB) will be created. TFB operate on the Blockchain Ethereum with
ERC20.
Allocation
% AMOUNT (TFB) PARTICIPANT
50% 500,000,000 ICO
40% 400,000,000 Founder Team
10% 100,000,000 Angel investors
ICO
The ICO will be in BTC and ETH.
Roadmap
All times below are London Standard Time, UTC+0 hours
Date Task
02/01/2018 Confirmed start of the TransFastBit project
03/01/2018 Initial draft white paper completed, circulated to potential angel investors
04/25/2018 Announce ICO plan, and release whitepaper to general public
04/30/2018 ICO starts
07/31/2018 ICO ends, or when all the token are sold
09/01/2018 TransFastBit V.01 to beta users in Asia, South America and Africa
01/10/2018 TransFatsBit V.02
ICO will start from midnight on 30 April 2018, investors can buy tokens TFB in 3 phases
on a first come, first served.
Investors will receive TFB tokens in 5 working days of ICO.
6
The detailed schedule is as below:
ICO DETAILS
Soft Cap 1000 ETH
Hard Cap 3500 ETH
Currencies Accepted BTC, ETH
ICO starts 30 April 2018
ICO ends 31 July 2018
1 ETH 100 000 TFB
1 TFB 0.005 USD
Minimum Buy 10 USD
50% BONUS 30 April 2018 - 31 May 2018
25% BONUS 1 June 2018 - 30 June 2018
10% BONUS 1 July 2018 - 31 July 2018
Monthly Dividend
TransfastBit redistribute a monthly % of fees collected on transactions to all token holders
of TransFatBit (TFB).
We will take a snapshot of the balances TFB to 23:00 every 28 months. Each holder will
receive Bitcoins in proportion to the amount of TFB contained in his wallet.
1st year 2nd year 3rd year 4th year 5th year
Rate 30% 20% 12.5% 10% 10%
Repurchasing Plan
Each month, we will use 20% of our profits to buy TFB and destroy them, until we buy
90% of all TFB (900MM) back. All Purchases will be announced on the Blockchain. We
will eventually destroy TFB 900 MM.
Fund Usage
30% funds will be used to build the TransFastBit platform and perform system upgrades,
including the recruitment of staff, training and development budget.
50% TransFatsBit will be used for branding and marketing, including promotion and
training Blockchain innovations in industry circles. A sufficient budget for various
advertising, to help TransFastBit become popular with investors, and to attract active
users to the platform.
20% will be in reserve to deal with any emergency or unforeseen situation that might
come.
7
Team - Investors - Advisor
We have a strong team with experience in the technology and Blockchain Crypto
currencies. Several members of a start-up experience with success.
AMEER ROSIC MARIA WINCOLESON
Entrepreneur, Cofounder at Blockgeeks Site Administrator, Adviser Blockchain
GBENGA SALAMI FOLARIN ADEKOYA
Digital Market and Social Media
Marketing Professional Experts
Marketing Professional
ALIJAH KAMEY KWAME KEV
Serial Entrepreneur, Community Advisor Entrepreneur Blockchain
SEAN MARC
Blockchain Developer, Analyst Database
Risks
There are many risks associated with the execution of a new technology. We understand
this and have the skills, experience and leadership to overcome them.
Security
Many portfolio project failed due to poor security procedures. Most security breaches
could have been avoided by taking simple precautions to protect critical resources. Our
team has developed TransFastBit with safety as the main concern. We strive to follow all
the best practices of the industry in terms of infrastructure and security of data and
cryptocurrency Security Standard (CCSS).
Market Competition
We know it will be a highly competitive space. Competition will be fierce. But in this age,
this is a common risk in any decent concept / startup or mature company. The question
is: do you think we are a better chance than the rest of the pack? If so, please join our
ICO.

https://www.transfastbit.com/

 

Bitcoin Garden 2013-2024, All rights reserved | Privacy Policy | DMCA | About Bitcoin Garden | Support & Services