NKOR - New ICO that Try to Solve Copyright IsuuessteemCreated with Sketch.

in #cryptocurreny7 years ago (edited)

NKOR – Copyright Solution on the Blockchain

What is NKOR?

NKOR is a Ethereum ERC-20 token which is on alpha development stage while holding a pre-sale and airdrop.

What does it solve?

NKOR tries to solve copyrighted content issues, including the signing, distributing, payment, and tracking using blockchain technology. It prouds itself as “The first in the world platform to embed groundbreaking multi-layer index hashing technology on blockchain”

However, the “groundbreaking multi-layer index hashing technoly” is not explained in detail in the website and the current version of whitepaper. Hope we will see the detail of it in the near future while they are preparing the launching of the prototype. That way, the communities could give constructive support to the platform to really protect the copyright issue.

Product prototype

According to the website www.nkor.io, the alpha stage development will be available at Feb 2018 while the beta stage product along with the platform launch will be at the 2nd quarter of 2018.

NKOR Teams

There are four (4) co-founders at NKOR. All linkedin profiles for the founders and teams are available at the website. The team also actively joined blockchain summits or conferences around the world. Currently they are joining seven (7) events on January and six (6) events on February 2018, all of them are also listed on the footer of their website.

Token allocations

  • 29%. Company & affiliations
  • 12%. Team
  • 4%. Advisors / consultants.
  • 15%. Bounty / communities.
  • 20%. ICO
  • 20%. Miners.
    That makes 45% tokens are taken for inside the companies and 55% for public.

Airdrop

Since NKOR is Ethereum ERC-20 token, to join the airdrop, you will need an ERC-20 wallet. Registering yourself with MetaMask or MyEtherWallet would give you the necessary wallet, if you haven’t done it so.

Currently at this article writing date, the airdrop for NKOR is still running. It is combined with the bounty program and can be accessed through http://nkor.io/bounty. It uses https://vyper.io to handle all the bounties, so those of you who are familiar with it could easily fill in most of the bounties.

At the time of this writing, the bounty relies heavily on facebook. Connecting and liking two (2) articles of facebook could earn around 250 reward entries by itself. In contrast, joining the telegram group only give you 30 reward entries.

Will this project be a success?

Copyrighting contents such as texts, songs, or videos are always a challenge for the current technologies. This is mainly caused by the technology providers themselves since they are competing for the middleman fees in the industry. Moving up the technology to decentralized and distributed blockchain while eliminating those middlemen could prove to be a valid solution. Although blockchain and cryptocurrencies are getting more and more coverage these days, an active part from the team to invite content (texts, songs, or videos) creators into the project would be the major factor that will determine the success of this project. We will see how everything works later on on the 2nd quarter of 2018.

What’s in it for us?

Of course while waiting for the beta platform around the 2nd quarter of 2018, each of us could join the airdrop program that they are currently hosting. Spreading the news by sharing the bounties are one of the way to introduce content creators around us that there will be a new copyright technology that they can use in the future. Win-win-win solutions. So, prepare your ERC-20 wallet and go directly to http://nkor.io/bounty.

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