Prepare your space suit. We are getting the generosity movement off the ground as we launch thx! globally in Q4 2019.

To ensure the timeline is feasible and manageable, the project team is divided into several subteams. Each of us practices the precise task management with work breakdown structure method. We also execute risk mitigation to visualize progress and issues in real time.

Since the project prototype release in Q3 2018, we have been pushing ourselves daily to meet the following milestones this year:

Q1 2019: Token Sale

The thx! Token (THX) is an ERC-20 standard token minted via the FundersToken Technology. Through the modules of blockchain infrastructure developed by FundersToken, Bit3x is able to focus on software development. All blockchain-related features are left under the care of FundersToken.

The success of our Token Sale will set the pace for the rest of our planned activities in 2019. Its purpose is to raise funds that will be used to develop, market, and operate the thx! Platform. More on the breakdown of proceeds later in this section.

The Token Sale is set to conclude in the middle of Q2 2019, undergoing two phases:

Private sale runs from 01 February 2019 at 9 AM (SGT) to 28 February 2019 at 9 AM (SGT).

Public sale runs from 01 March 2019 at 9 AM (SGT) to 31 May 2019 at 9 AM (SGT).

The schedule above is subject to change depending on the assessment of the private sale results.

Our total supply is at 720,000,000 THX, distributed as follows:

40% of THX will be offered in token sales.

20% of THX will go to the advisors and team members.

35% of THX will be kept as reserve.

5% of THX will be given as a bonus.

Proceeds from the token sales will be used in the following:

33% will go to development, 22% to marketing, 13% to operations, and 12% to legal and other matters.

The rest, which is 20%, will be set as monetary reserve.

Q2 2019: Beta release

Once the Token Sale is finished, the beta version of the thx! will be released. The good thing about the thx! App is that it shares the user-friendly UI of social networking services like Facebook and Instagram. On top of that, it allows users to exchange THX and move a large number of assets easily.

Q3 2019: Soft launch

Fueling the propagation of goodwill, first in Asia, thx! will now be ready for a regional launch by the third quarter of the year. It will be rolled out to limited areas in Asia and Canada during this time.

Q4 2019: Global launch

Finally, the world can get their hands on THX before 2019 ends. This projected timeframe will mark the elevation of our interaction with other people. You can send a token of appreciation to a nice stranger who served you in a restaurant. You can also accumulate tokens and improve your thx! Score to get access to benefits/rewards. The more you use it, the more goodwill you spread around.

Our team can’t wait to introduce thx! to you. Right now, we are making sure it is an excellent product once it comes out. So keep your eyes peeled for updates.

Follow us on Medium or talk to us at info@bit3x.com.