XendBit

XendBit

Created using Figma
Created using Figma

Last Update

Feb 5, 2019

Bringing Financial Opportunity to Emerging Markets. An escrow-based P2P crypto-exchange and blockchain service with bank-verified KYC and quick withdrawals.
STO
May 1, 2019
Jun 15, 2019
100% completed
Raised funds - no Data
past
PUBLIC PRESALE
Apr 1, 2019
Apr 30, 2019
100% completed
Raised funds - no Data
past
PRIVATE SALE
Jan 7, 2019
Mar 29, 2019
100% completed
Raised funds - no Data
past
Token Details
Accepted Currencies
ETH, BTC, LTC
Company Details
Registered Country
Nigeria
Additional Details
MVP/Prototype
Yes
Platform
NXT
KYC
Yes
Categories
Platform

About XendBit

We've built a platform that brings financial inclusion to the unbanked through a trackable, trustless crypto-based alternative to banks.

XendBit is a decentralised blockchain platform for remittances, payments, aid disbursement, store-of-value and credit.

Centralised exchanges are susceptible to internal and external security risks. The XendBit wallet uses bank-verified KYC and is being developed as an exchange.

XendBit will be a platform to enable new blockchain-based financial services, taking advantage of the new opportunities presented by the blockchain ecosystem such as smart contracts, ICOs, crypto-loans, venture financing, and tokenization which will power digital identities, certificate registration and verification services.

Features

Unlike most global exchanges which are centralised, XendBit is the first decentralised digital asset exchange focusing on Africa. XendBit features Xendcoin, which is native to the XendBit DEX. Transactions based on Xendcoin will attract lower fees.As P2P trading becomes more fluid, traders can engage and settle trades faster than bank transfers or foreign TetherCoins. The XendBit blockchain platform is able to integrate with most banks in Africa and beyond including Nigeria, Ghana, Kenya, South Africa and Rwanda.

Creating an identity on the blockchain can give individuals greater control over who has access to their personal information. Through the blockchain, identities can become globally accessible in a way that creates more transparency for service providers such as financial services, charities, donors, grant makers and sponsors. A blockchain-verified identity also addresses the challenges of establishing provenance, authentication and reconciliation faced by many industries. Xend's Smart ID is a DApp that enables the use of blockchain in areas such as digital identities, banking, passports, e-residency, birth certificates; wedding certificates and online IDs. The Xend Smart ID Card offers a convenient way for individuals to make micropayments through an embedded RFID which stores the Xend wallet's private key, encrypted with a two-word phrase.

Technical Info

 

XendBit Roadmap

  • Q1 2017

  • Android Bitcoin Wallet, Brokerage and asset custodian service development.
  • Q2 2017

  • Multi-Chain Wallet implementation with support for Bitcoin, Litecoin, Ethereum etc .
  • Q3 2017

  • Investigation of Various Blockchain and Development of a Basic XendBit Wallet.
  • Q4 2017

  • Server-side Implementation of a Semi-Centralised Exchange with Remote Transaction Signing.
  • Read More
  • Q1 2018

  • XendBit Blockchain MVP Forked, Alpha Release of XendBit Exchange and Wallet.
  • Q2 2018

  • Decentralised Exchange Features with Fiat-to-Crypto and Crypto-to-Crypto Trading.
  • Q3 2018

  • Alpha Release of Xendcoin Blockchain with Support of Smart Contracts (Smart Java Beans).
  • Q4 2018

  • Full-Service Launch for XendBit Exchange, Partner Onboarding for XendCash and XendAid
  • Q4 2018

  • Start of Private Token Sale, Ending by November 30, 2018.
  • Q4 2018

  • Start of Presale (December 1, 2018), Ending by January 2, 2019.
  • Q1 2019

  • Start of Public Sale ICO (January 3, 2019).
  • Q1 2019

  • Release v1.0 of the XendCash and XendAid Blockchain Applications and Developing APIs.
  • Q2 2019

  • XendBank Additional Services for Financial Inclusion.

Activity

Posts:
63
LOW
Followers:
365
VERY LOW
Likes:
362
VERY LOW
Followers:
4 451
MEDIUM
Tweets:
65
LOW
30 Days Growth:
-655
Members:
7 840
HIGH
30 Days Growth:
-114

XendBit Team

Verified 45%

Attention. There is a risk that unverified members are not actually members of the team

Bolaji Onibudo
Founder & CEO
verified
David Kaye
Chief Operations Officer
verified
Nkemdilim Begho
Marketing Consultant
verified
Ebenezer Akintayo
Software Architect
verified
Ankit Omar
Systems Designer
unverified
Anshul Omar
Senior Blockchain Developer
unverified
Femi Ashiru
Senior Product Architect
unverified
Roy Elzhegundi
AI Research
unverified
David Kuku
Cyber Defense
unverified
Opeyemi Adeniran
Senior Fullstack Developer
unverified
Ooreade Adeniran
UX/UI Developer
verified

Advisors

Verified 40%

Attention. There is a risk that unverified members are not actually members of the team

Brian Konrad
Board Advisor
verified
TC Waugh
Board Advisor
verified
Segun Aina
Board Advisor
unverified
Daniel Bloch
Partner
unverified
Philip Jarman
Partner
unverified

XendBit Interviews

Bolaji Onibudo
As a team member, сan you tell us about your role in the ICO project?
I am involved in overall business development and also facilitating engagements with potential investors, user-community and partners towards the ICO.
What do you think about idea?
The XendBit decentralized platform will enable traders, small businesses and farmers etc access financial services and gain access to the crypto capital markets for their various venture funding needs.
David Kaye
As a team member, сan you tell us about your role in the ICO project?
My role is to assist the team in tracking operational issues and fix them and/or escalate to relevant interventions as necessary. some of those issues include business processes, business milestones etc.
What do you think about idea?
In the emerging era of crypto technologies and the blockchain, XendBit will lower the entry barrier for millions of people globally to enjoy financial inclusion.
Nkemdilim Begho
As a team member, сan you tell us about your role in the ICO project?
I am in charge of the Marketing of the ICO with core focus on the African target market. We plan to increase African involvement in our ICO and create awareness for the blockchain based financial services we offer.
What do you think about idea?
I think XendBit is coming at the right time as it will transform and revolutionise financial inclusion in key African emerging markets.
Ebenezer Akintayo
As a team member, сan you tell us about your role in the ICO project?
I handle all the technology needs of Xendbit. From software architecture to development and managing other team members in the Tech. department.
What do you think about idea?
I think this is an awesome novel idea. When we started building Xendbit DEX, no one thought the idea is viable. Today, we have a few other people playing with the idea of a DEX.
Ooreade Adeniran
As a team member, сan you tell us about your role in the ICO project?
I am responsible for the UI/UX development of Xendbit blockchain applications. I am also responsible for the full-stack development of the ICO web application and Xendbit Wallet Administration portals.
What do you think about idea?
The offering of a beyond banking experience for the emerging markets is simply outstanding. Xendbit will be Africa's major player in Crypto-backed financial services.
Brian Konrad
As a team member, сan you tell us about your role in the ICO project?
I am an advisor. My company has been engaged to support marketing and communications We have met the founder team personally several times and have regular calls.
What do you think about idea?
XendBit has a great product and team. They have a strong presence in Africa and should be positioned to expand globally.
TC Waugh
As a team member, сan you tell us about your role in the ICO project?
I assist on a daily basis with strategy, messaging, marketing, advertising, PR and content creation for this project.
What do you think about idea?
Africa is the emerging market that shows the greatest potential for mobile money and crypto to fiat services! It will be the Coinbase of Africa.

XendBit Last News

N/A
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