XBIT is a startup incubation platform built on blockchain technology, with attributes of social, sharing and copyright protection. Unlike other incubation platforms which focus on investment, XBIT focuses on the most critical key to success — high quality seed users, which aims at helping the teams to verify the product model quickly and to ensure that the direction is correct. Meanwhile, the protection of intellectual property rights and the role of investors are introduced to comprehensively protect the success of business. By using reputation mechanism and blockchain technology, XBIT ensures seed users’ high activity and high quality and enables point-to-point value transfer. XBIT aims to create a transparent, efficient, and high quality seed user community based on trust network and value network, and that strives to become the world’s new engine for innovative economic growth!