Thanks! 

Thank you for asking a very good question. In all honesty yes our business model is based on DOT of Cryptopia. We have actually debated this concept of centralised / decentralised trading platform among ourselves for a dozens of time, and find it that if we are going to be fiat - friendly, there's no other way  better then to be centralised.

Why we believe that our project will gain trust? We are still in the early stages of discussions with the big four of audit firms in our country, Deloitte, KPMG, PWC and Ernst & Young. We'll see what their say for this, still too early for us to tell    

Hi there, we understand the industry standards for communicating with ICO buyers nowadays, but after some thorough discussions the management has decided to communicate with MBX community through our facebook page  https://www.facebook.com/mybitx/ and also you are very welcomed to join our facebook group as well https://www.facebook.com/groups/1151472624998557/?source_id=1963238380620168 . We are trying to cater the needs of those who are not familiar with ICOs and crypto groups. The later to be established MBX Foundation will most probably use telegram - a different entity from us the developers. Checkout our FAQ on our website https://mybitx.io  

Thanks! There is a section which you can download the whitepaper on our website https://Mybitx.io

We don't blame you for thinking as such, even if our ICO isn't successful we will still proceed with the development of our trading exchange.

Thanks for your comments. Currently the developers consists of two technical project managers  but is sharing manpower resource with a larger business organisation. As there are dozens of ICO's out there with some other complicated concepts or projects they bringing in, we are focusing on the real reason we are all here, which is to offer a long term win-win business for us as well as the coin holders. The reason we're doing this ICO is to fund our fiat friendly crypto trading exchange - which will be audited by a reputable auditing company.

$MBX is a genuine project - people will be tired of exchanges that are not regulated, audited or guaranteed by some kind of authority. Look at Mt. Gox and recently BTC-e, we intend to change that.  

Hey guys,

We are launching our ICO in 6 hours, kindly support our offers by purchasing or giving any feedback is also greatly appreciated. We are now a verified asset class on WAVES DEX.


Thanks,


Andy,
https://mybitx.io

WAVES is a good platform.

$MBX


$MBX specifications as follows:-

1. 1,000,000,000 (One billion) fixed coins supply with two (2) decimal places

2. Built on the  Waves platform

3. Asset ID : 2CX6EFHYmXYyop4hD7dUywST5K51Hvi2m5brFo35C6EZ

4. Issuer : 3PNBomaZs9GxFZ8vm2tDEQgX2KGZ7Bsvy6y

5. Asset Explorer: http://wavesexplorer.com/tx/2CX6EFHYmXYyop4hD7dUywST5K51Hvi2m5brFo35C6EZ

6. Block Explorer 1: http://wavesexplorer.com/

7. Block Explorer 2: http://wavesgo.com/

Non-mineable.

Advantages

1. Secured - Waves stable blockchain

2. Fast transaction - confirmations takes less than 30 seconds

3. Low fees - low fees starting at 0.001 Waves



Functions:-

As a currency $MBX will serve the following functions: - $MBX aims to be the primary currency on it’s own proposed centralised trading exchange. Taking the economic model of some exchanges, $MBX will be used extensively for every transaction and services that is made available throughout the platform.

The second function of $MBX will be to provide new projects for the community. By utilising the existing Waves wallet, it is relatively easier for the community to make private & commercial transactions and make the currency usage widespread by actually using it on their day-to-day basis.


Website: https://MyBitX.io
Facebook: https://www.facebook.com/mybitx/
Twitter: https://twitter.com/mybitx_io