Kaizen Coin ICO Announcement

in #ethereum7 years ago

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Kaizen Coin is a ERC-20 token on the Ethereum blockchain that allows buyers to invest in various blockchain based businesses and receive income based on the performance of the underlying assets. Kaizen coin is a closed-ended token meaning once the $5 million cap is reached, no further tokens will be sold at the crowdsale.

About: Kaizen Coin is the first fully transparent, closed-end fund with low fees. While Kaizen Coin isn’t the only closed-end crypto currency fund out there, we can boast the lowest fees. Other tokens have fee structures as high as 35%, Kaizen’s fee structure caps out at 5%.

High fees can considerably cut into profits that the token holders make. A $5,000,000 fund with a quarterly increase of 20% and 35% going back to fees would see $1,400,000 yearly eaten up in fees that would be better served being returned to strengthen the fund as dividends. With Kaizen Coin, those fees would be no more than $50,000.

Kaizen Coin is attractive to investors looking for an income stream. As it is closed-ended, focus relies on providing a steady stream of income on a quarterly basis based on the underlying portfolios performance. As the coins value increases, dividends in the form of more Kaizen Coin will increase too providing even more shares and income for the token holders.

Strategy: Kaizen Coin seeks to find low risk, high potential investment opportunities in an uncertain crypto currency market, so long as they have the right balance of risk vs yield. As a balanced crypto fund, we will have a mixture of proven coins (Ethereum, Dash, Bitcoin, Ripple, Ethereum Classic, etc.) along with some newer issued coins like Ardor, Golem, etc. in an effort to reduce risk and provide growth for our token holders. (The aforementioned coins are just to be used as examples). The balance fund will be around a 60/40 split and the portfolio of coins is up to the fund manager.

Why: We believe that the blockchain is the future, but which one(s) will prevail? At these early stages in the cryptosphere, investors need to stay very current or risk missing out on profits. Kaizen Coin is looking for investors to bring new capital in search of those high profit yields. You don’t need to be a savvy crypto guru who keeps up on all the news, market swings, and hype to invest in Kaizen Coin.

People who should buy Kaizen Coin are those who are risk-averse. Like any crypto currency, long-term is key. Kaizen Coin is a great way to hedge your portfolio and not take any undue risks. Kaizen Coin volatility level is high as 100% of the portfolio is in crypto currency equities.

Token Release: Kaizen Coin will be released on August 18, 2017 UTC/GMT 4:00pm. 200,000,000 tokens will be minted and 100,000,000 will be made available for the ICO. The remaining 100,000,000 tokens will be held back and used for the quarterly dividend payments based on underlying portfolio performance. There will be a early buyers reward starting at 20% bonus and declining based on total funding. The cap will be at approximately 25,000 ETH at current prices and will be increased/decreased based on market fluctuations. Tokens will be priced at 1 ETH = 4,000 KZN. If you get in during the 20% bonus period, 1 ETH = 4,000 KZN + 800 KZN.

Why Use Ethereum Blockchain?

Security is a huge factor in why we chose the Ethereum blockchain. Another reason is the use of Ethereum clients and tokens. The Ethereum smart contracts are a central point to the Kaizen Coin token. They allow the liquidity to move back and forth between markets, easy listing on exchanges, and make it easy to implement a dividend structure which is key to Kaizen Coin.

Dividends: Kaizen Coin has a unique feature in that a quarterly dividend will be paid out to token holders. To receive your dividend tokens, you must have them in your wallet and they must be in a wallet you hold private keys for. You will not get your dividend tokens if you leave them on an exchange, Coinbase, Jaxx, etc. We recommend Mist, Parity, MyEtherWallet, Nano S, or Ledger. No more than 500,000 tokens will be released per quarter as a dividend and they will be paid out based on tokens held.

Why cap the dividend at 500,000 tokens? As the Kaizen token increases in value, so with the value of the dividend. Dividends will be paid out based on tokens in the wild vs tokens in your wallet with the increase in portfolio taken into account. If the fund remains flat or nets a loss, no dividend will be paid for that quarter. Email will be sent out to the mailinglist as well as our official social media channels 2 weeks prior to token dividend distribution.

website: kaizencoin.io
mailinglist: kaizencoin.io/subscribe.php
twitter: @kaizencoin
telegram: https://t.me/joinchat/FLO8Ag18pswBNKADrHmqeA

Roadmap:
Aug 18 2017 - ICO token sale
Aug 2017 - Coin bonuses issued approx. 1 week after purchase
Sept 2017 - Audit tokens issued for activation
Sept 2017 (end) - Launch Kaizen Coin and start investing to increase value in the coin
Sept 2017 - Push coin to major exchanges
December 2017 - first dividend issued based on performance
March 2018 - issue 2nd dividend to Kaizen Coin holders
June 2018 - issue 3rd dividend

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