KIBO is the first ever decentralized Blockchain and Ethereum smart contract-based lotto.
To ensure a rapid launch of the platform onto the market we will soon launch a crowdfunding sale campaign.
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WHAT IS KIBO?
How KIBO was born or some visualization aid.
We have always believed that humanity deserves transparency, openness, and fair play as basic values.
Ever since the Blockchain technology was developed we have been really impressed by what it has to offer. With our many years of experience in entertainment content development, we could not but notice a technology that removes all key shortcomings that gamers across the world have to face today.
Blockchain and smart contracts are not only second to none in solving end user's problems but also ensure 100% security and fair play in creating an independent affiliate network governed by a smart contract.
This is how KIBO originated – the first decentralized lotto that makes it possible to develop collectively owned social games. By joining the efforts of our team, we were able to commence development in June 2015.
KIBO ADVANTAGES
A lottery is the most popular game in the world.
More than 50% of the population in developed countries play lottos on a regular basis. However, a traditional lottery has a number of shortcomings which affect every participant without exception
KIBO LOTTO offers a new approach to the organization and holding of lottos. Thanks toBlockchain and Ethereum smart contract technology, we have eliminated key shortcomings in the most popular social gaming entertainment on earth.
STRATEGY
How do you attract millions of users to the new platform quickly?
One of the key elements in launching KIBO Lotto is a unique development strategy that includes a powerful marketing tool for quickly attracting to and retaining users on every KIBO user's platform.
Growth Strategy or how to tell the world about KIBO
1) First stage
The first stage includes attracting funds and building a network of independent platform owners all over the globe, who will have a vested interest in a powerful launch and active build-up of the customer network during the launch, and in further development of the platform.
Crowdsale stage tasks
- Accumulate sufficient funds to conduct a high-power promotion campaign in the form of a prize draw (from $10,000 a day to several prizes of $100,000 and larger, to be drawn free of charge over the course of more than three months);
- At the moment of the launch, have a distributed network across the world of affiliates who will have a vested interest in rapid development. The affiliates will receive a percentage of future platform turnovers and will be able to increase their profit many times over by actively building their customer base. At the launch, each platform owner will be inviting new users to participate daily in a free prize draw within a 100% honest lottery with instantaneous payouts.
Our achievements thus far
Since the beginning of our project, apart from code writing, we have started developing the marketing component as part of the forthcoming launch. We have worked hard to popularize the concept of KIBO platform launch across the globe. We currently have followers in more than 20 countries, including China, the UK, the USA, Brazil, Australia, Russia, Spain, Portugal, and India.At the current stage we have managed to accumulate our first funds in the amount of 94538 ETH for KIBO implementation and the launch of a kickoff promotion campaign The work done so far suggests that during the sale period, we will be able to expand considerably the geography of our affiliates. At the moment of the launch of the second stage, each platform owner will start developing their own KIBO platform attracting customers to generate a profit from selling tickets to users. Each affiliate will attract customers using the single development tool described below. Thus, even now we can predict a rapid growth of our customer base in many countries at once at the moment of the launch.2
2) Second stage
The next step is the launch and growth of the customer base. The second stage starting point is making the gaming platform available to everybody. Part of the funds collected during the sale will form the first prize fund to be divided into large weekly and smaller daily prizes. Immediately after the launch each affiliate will have a link in their member area using which they will be able to give anybody tickets for a series of prize draws with a prize fund of several million dollars. Thus, a few thousand affiliates will simultaneously start building their customer bases globally, driven by powerful motivation.Free tickets given to a potential lottery player will be available for all draws held daily over more than three months. To obtain a set of tickets, a regular user will simply follow a link to sign up on the platform site and set up a wallet, into which the winnings will automatically be sent.Thus, we motivate the user to learn the key advantages of our platform and get a feel for how it works.
Customer motivation
To ensure further growth of our customer base at a geometriс rate we have in place powerful motivation from the very start not only of platform owners, but also of each user who has signed up with us at no charge. Each customer will be able, as will the platform owner, , to present their friends with tickets to participate in a series of draws at no cost to them at all, thus increasing their chances to win many times over. Platform owners have different motivation. The difference is that all those with a platform can invite customers to make a profit from each ticket sold. Customer motivation is an opportunity to increase your chances of winning byreceiving 5% of each prize won by your friend at three levels.Now every time any of the friends invited by a user and their friends up to level 3 wins in a series of free draws, the user will receive 5% of the winnings. And they will always receive 5% of all winnings of their friends up to level 3 every time any of them takes part in a draw and winsLet's assume that in two months after the launch each affiliate using all its marketing tools attracts an average of 100 customers. Today the results we have received from our testing give us a clear understanding that the number of customers invited by each affiliate over the said period of time can be much larger. If this is the case the number of customers drawn to the platform by the affiliates alone can exceed 2.5 million. It is important to mention that these 2.5 million users will in turn start inviting their friends, also giving them presents of free tickets for a series of draws thus increasing their chances of winning. A constant, high-power customer motivation at all levels can ensure an avalanche-like growth of the customer base.
Testing
Back in January 2016 we ran a program to test the efficiency of the marketing tools designed by our team for KIBO's rapid entry onto the market. The results exceeded our expectations, with us seeing a 10-fold growth in our customer base over just 7 days. This gives us plenty of optimism for the forthcoming launch of the platform.
Precise plan
Each step of the platform is well thought out and has numerous details and marketing solutions for attracting customers and beyond. We have incorporated into the KIBO strategy the proper motivation of each customer at each level of implementation, which not only addresses the main task of growing the customer base. Some tools are aimed at the stepwise conversion of each customer who visits the platform into a paying user, working in parallel with a built-in loyalty program, operating to retain the customer making them a regular, active user.
Our Mission
Our task is not only to build one of the leading platforms in this field but also to make cryptocurrency popular with people in different countries. We believe in decentralization and are inspired by new opportunities, made available to humanity thanks to the blockchain technology. After we have built our customer base, we have a clear vision of how to develop further in this direction, based on the goals attained
HOW TO JOIN KIBO
There will be two kinds of tokens that we are going to distribute as part of our future sales.
KIBO PLATFORM
A limited number of distributed KIBO affiliates will become the basis for launching and running the first decentralized lotto.
KIBO Platform gives you an opportunity to take part in a global start and to launch your own 14-language gaming platform, whose terms and conditions are laid down in a smart contract and can be modified by no one.
KIBIT TOKEN
The tokens are used to scale the development and implementation of the marketing strategy, aimed at KIBO's rapid and powerful growth.
As part of the ICO, 100,000,000 KIBIT tokens will be up for grabs, between which, following the launch of the platform, 4% of the turnover generated by KIBO Lotto affiliates all over the globe will be distributed.
WE'VE COME A LONG WAY
Our team strictly follows the roadmap. 2,500 platforms in 20 countries will already participate in the launchToday, the key problem of any service or product is the need to have a large user base at the start of the project. As we have had this problem in mind since the very start of working on KIBO, we have made the solution of the problem a priority task.Apart from code writing, during the preparation for the launch we began implementing a marketing strategy and have since done a lot of work in popularizing the concept of launching the KIBO platform around the globe. We currently have followers in more than 20 countries, including China, the UK, the USA, Brazil, Australia, Russia, Spain, Portugal, and India. There are over 2,500 platform owners , who will take part in the launch. These are entrepreneurs with a direct financial interest, who share KIBO's philosophy and prospects.
Whitepaper for download will be ready soon
