Azbit is a crypto financial platform. It works as a crypto banking institution and provides users with exchange services with a built-in margin and algorithmic trading. Azbit is an investment platform that offers social copytrading (mimic other traders movements), SAMM accounts, and portfolio management tools. In addition, a multicurrency digital wallet is available at the platform for the users to store and manage their digital assets.

The Azbit Token (AZ) is an Ethereum-based (ERC-20) cryptocurrency. It is a utility token that allows users to pay exchange fees at a discounted rate when using the platform services.

Team:

• Sergei Ermolitski: Chief Executive Officer, Co-founder. 
• Michael Ermolitski: Co-founder. 
• Max Zmitrovich: Chief Marketing Officer, Co-founder. 
• Azam Khodzhaev: Chief Communications Officer. 

Azbit will be holding its ICO in two phases, the Pre-ICO is planned to start on the 1st of October, 2018 and is expected to end on November 30th, 2018. The public sale is set to start on December 1st, 2018. The ICO token supply represents 60% of the total token supply, so there is a total of 250,880,000,000 AZ tokens available, for 0,00012 USD each. The ICO funding target is 7,500,000 USD, the funding cap is 28,901,000 USD and is expected to end on June 30th, 2019 or when the funding cap is reached.

Token Reserve Split (40%):

• 3% - Bounty
• 2% - Airdrop
• 12,5% - Reserve fund
• 7.5% - Angel Investors and advisors
• 15% - Others

Azbit Token ICO features a bounty campaign as well as the following bonus structure, and the token will not be mineable.

Bonus Structure:

• 10-20% on Pre-ICO;
• Up to 7% on ICO.