KRC- A CRYPTOCURRENCY FOR A BETTER FUTURE
The world economy is gradually becoming digitalized thanks to cryptocurrency system. The crypto-tech is changing the traditional financial structure and payment system we knew and changing the way people used to trade using paper money or FIATs. The business organizations and the financial institutions are accepting this change for simplifying their financial model for their customers and clients so that they can receive and transfer payments with ease, which has become possible due to the use of cryptocurrencies. The greatest benefit of the cryptocurrency system is that it has high liquidity attribute than any other currencies exists in the market. And for that reason, this currency is easy to transact, has less legal issues and taxation problems, and can be exchanged with other currencies. These all facilities have made this market lucrative and popular among the people all around the world and that is why they want this currency to dominate over any other currencies of the world. But, the market of the cryptocurrency is still volatile. High-value fluctuations and fraudulent services by the exchanges are making this market even more unstable. So, the new and emerging companies who wish to create a sustainable ecosystem for the cryptocurrencies are trying to create individual ecosystems for supporting the global market. While supporting the global cryptocurrency market, there are several companies who wish to create a cryptocurrency ecosystem for supporting their community and all the people reside in their continent while giving hope for a better future.
KureCoin is one of that company who thinks about the development of their people and their community. The company’s goal is to create a cryptocurrency ecosystem for their country and for their continent Africa which will lead the people to better and prosperous future, by using the cryptocurrency KRC.
In this article, I am going to describe the KRC structure, its benefits, and its ICO, which will make you understand why everyone should invest in KRC.
THE STRUCTURE OF KRC
The KRC is cryptocurrency which is the main liquidity for the KureCoin project. Using this cryptocurrency the KureCoin project will ensure the financial safety of every nation within Africa while providing the world with the opportunities to enjoy a wide range of benefits which this coin has to offer. The structure of this extraordinary cryptocurrency is as follows,
• Token Name: Kure Coin
• Algorithm Script of The Token: POS
• Token Symbol: KRC
• Price of Each Token: During 1st and 2nd phase 0.65 USD
• Total Token Supply: 100 Million KRC
• Can Be Bought With BTC and ETH
• Decimal: 18
• Mining Pool: Not available
HOW ARE KRC TOKENS TO BE SOLD?
The KRC Tokens are well-structured tokens and can be used as utility. These tokens are in sold for raising the funds to improvise in project implementation further. For selling the tokens, to systematically generate funds for project development the company is being planned as follows,
Pre-ICO Phase-1: Started on February 4, 2018 and Ended on February 8, 2018
• Token Supply: 2000000 KRC
• Price Per Token: 0.30 USD
• Minimum KRC Purchase: 100 USD
• Bonus: 20%
Pre-ICO Phase-II: Started on February 9, 2018 and Ends on February 13, 2018
• Token Supply: 2000000 KRC
• Price Per Token: 0.35 USD
• Minimum KRC Purchase: 100 USD
• Bonus: 10%
Pre-ICO Phase-III: Started on February 14, 2018 and Ends on February 17, 2018
• Token Supply: 2000000 KRC
• Price Per Token: 0.40 USD
• Minimum KRC Purchase: 100 USD
• Bonus: 0%
Main-ICO: Start date June 1, 2018 and End date is June 30, 2018
• First Phase:
A. Token Supply: 20000000 KRC
B. Duration: 15 Days
C. Bonus: 45%
D. Price Per Token: 0.65 USD
• Second Phase:
A. Token Supply: 15000000 KRC
B. Duration: 15 Days
C. Bonus: 35%
D. Price Per Token: 0.65 USD
Soft Capital: 2 Million USD and
Hard Capital: 22.75 Million USD
To get updates about KRC token sale visit, https://kurecoinhub.io/.
KRC TOKEN DISTRIBUTION DETAILS
All the 100 Million tokens developed by the company is distributed accordingly for the development of different sections of the KureCoin business. The distribution process is to be executed in the following ratio,
• Main Sale and Bonus: 50% is for the sale during the main sale and bonus tokens are included in this portion.
• Reserve: 27% of the total tokens are going to be kept in reserve for the development of the company and for its expansion in the future.
• Team: 10% of the total tokens are allotted for team members, for maintaining the team integrity within the organization.
• Bounty and Airdrop: 3% tokens will be distributed among the bounty and airdrop participants after the end of each successful campaign.
• Pre-Sale: 5% is for Pre-ICO phase.
• Equity Investors: The 5% of the total tokens are for the equity investors who contribute to the development of the project.
HOW WILL THE KRC SALE PROCEEDS ALLOCATIONS BE DONE?
After the successful sale in the ICOs the KureCoin authority has planned to allocate the sale proceeds in the following sections accordingly;
• KureCoin Technology Section: 60% of the total sale proceeds will be used for the development of blockchain, wallet, exchange, debit and credit card system and for other technologies.
• Marketing Programs: 35% of the total proceeds are going to be allocated in the marketing section for better publicity and expansion of the organization.
• Handling Legal Issues: 5% of the total proceeds will be for managing legal issues regarding business.
BENEFITS OF KRC TOKEN
The KRC token has several benefits for its holders and for the platform users. These benefits can be described by the following segments,
• By purchasing and holding this token the holders will be able to secure their investments in a developing project;
• The token holders will become the part of a global community of KureCoin;
• KRC has high liquidity attributes and it can be transacted globally;
• Purchasing this token will give you access to multiple-platforms developed for different financial purposes;
• You can perform peer to peer exchanges of KRC to other popular cryptocurrencies in the existing market;
• You will get profit shares after the end of successful ICOs and from company’s business profit.
Conclusion
The KRC is a beneficial token for its holders. It provides various facilities and benefits to its investors as well as provides easy access to global finance to the platform users. The token is designed and developed to help individuals or their organizations to develop their business by using the financial platforms developed by KureCoin and by doing so the companies and organizations will become able to grow their businesses more effectively using one single financial ecosystem. Their goal is ambitious and their target is to be one of the greatest crypto-inventors in the global market, and I think if they can achieve their success in ICOs then they can fulfill their ambition.
To know more about KRC benefits please visit, https://kurecoinhub.io/, or you can read their whitepaper from, https://kurecoinhub.io/Kurewhitepaper.pdf.
As well as you can visit the following links.
• Company Website: https://kurecoinhub.io/
• Whitepaper Link: https://kurecoinhub.io/Kurewhitepaper.pdf
• BitCoinTalk Thread: https://bitcointalk.org/index.php?topic=4313874.0
• Bountyhive: https://bountyhive.io/browse/KureCoin
• E-mail: [email protected]
• Telegram Group: https://t.me/joinchat/HHhrukaomo9NuyLeqARBCg
• Facebook Group: https://www.facebook.com/Kure-Coin-Hub-184073272182991
• Twitter Pages: https://twitter.com/KureCoinHub
• Reddit pages: https://reddit.com/u/kurecoinhub
• BitcoinTalk Name: lolaguffey
• BitcoinTalk Profile Link: BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1272490
• Bountyhive User Name: johnmcgray