KICKCITY: A DECENTRALIZED & REWARDING SOCIAL NETWORK FOR EVENT GENERATION AND PROMOTION
Introduction:
None of the business sector related to the world of Industry is stagnant. Things are moving ahead at an unimaginable rapid rate. One sector where there's been a tremendous growth is the Event Marketing industries. Events have become an inseparable part of daily life. There are countless events scheduled each day for a variety of reasons. Well, the real question is do any of those events really excites you? Here, Marketers jump into action. In this century, we shouldn't underestimate event-marketing as a way to the advance of the company. Online advertising is an excellent way served to talk about the events and share in the details. Needless to say the task is full of challenges, but what if there is a string of benefit coming attached along as well?
Keeping all of this in mind and also the fact that "rewards" can surely turn on the advertising world, comes the solution. The proposed idea not only serves people the best but also ensures equal sharing of the benefits reaped. As amazing as it sounds, with Kickcity, this dream comes true. Time to earn some good rewards for organizing your events.
What is the story about KickCity?
Gideon Nveze - a multi-talented entrepreneur, who, after graduating with a gold medal in Nigeria, received multiple scholarships in US, China, England, Japan and Russia. He decided to move to Russia to pursue further studies. After spending several years in St Petersburg, he brainchilded the concept of the KickCity project. This idea came to him, while he worked in the hotel, where visitors often asked him about the places and events they could visit in St Petersburg.
KickCity is one of a kind, decentralized Event Management and Marketing Platform on the blockchain. The basic ideology behind KickCity is to interface individuals through the blockchain to expand the system. This thought is acknowledged with a reward framework, so that each and every team member can enjoy the advantage acquired from the entire framework.
KickCity is one of the main organizations that a couple of years prior, tickets obtained or sold offline are now being produced on the web. The new Stage occasion ticketing depends on social cooperation. Clients need to purchase tickets, as well as know and intermingle with fellow participants before, during and after events.
How Does Kickcity Work??
The platform depends on unique P2P protocol, where any registered user will be rewarded for the promotion and spreading good word about a particular event. In general, this is an entire ecosystem on the blockchain technology, which will attract a large number of audience of interested participants. A separate marketing pool will be created in the system for each project with some number of tokens. They will motivate users both for their own participation in the event and for attracting friends. But there is quite a direct dependence, the more the budget of your campaign, the more interest it will be for the participants.
Every event or occasion has a promoting pool where merchants can allot KCY tokens for remunerate based showcasing. Once the crusade is propelled, any client can tap on the occasion and smart contract produces a one of a kind connection or referral link for the client. The user would then be able to impart this connect or share to his companions via web-based networking ( Facebook, Instagram, Twitter) media and get compensated when there is an action, i.e., when a new user registers or when there is any sales.Smart contracts traces/monitors all exchanges and consequently remunerates at once.
The KICK Token:
It is necessary here and worth describing about the token separately. The company creates its token based on the ERC20 smart contract. Kickcity will function entirely on KICK Tokens and these tokens are built using the Bancor protocol. Listed below are few salient features of these tokens:
No Extra Expenses: The token applies for a singular fee which is the platform fees for blockchain. Nevertheless, the amount fees are pocket friendly, extremely low and affordable.
Liquidity: The smart contract ensures about the purchase and liquidity of the tokens. Leaving the subject of volume aside, the smart tokens are bound to be liquid always.
Not Volatile: The smart tokens have been formulated to accomplish and attain elite class goals. This is why Kickcity is putting all its attention on the event industry. It will be extremely easy for the users to use KICK smart tokens to pay for the variety of participants in the token events.
No Hard Calculations: All the calculation related to pricing is done with the help of the smart token. This the same price that is applied to buying and selling the different smart tokens involved.
250 million tokens will be released. Partners will receive 30 million, and the team will get another 30. The same number of tokens will be put into the pool of the company itself, in order to be able to sell them in the future. But for public sale, 160 million KCY tokens are available, at the rate of 1 KCY = 0.1 USD. During the presale, buyers received a good bonus of 40%, in the public sale, although it is less but still enjoyable. Briefly, 1 day - 20%, 2-10 day - 10%, 11-20 - 5% , and in the last 10 days it will be 0%. All not sold tokens will be destroyed, and the new company will not be released.
50% of the budget will be spent on the marketing of the platform while 30% of the budget will be spent on the development of the platform. A team is an innovative group of people who have worked in many famous IT companies. They are part of Ycombinator Startup School and Microsoft Bootcamp Helsinki.
Concluding Remarks:
The event marketing sector is surely going to get revolutionized and become healthier with the introduction of the KICKCITY Platform, which has tried to create a wave in the Industry with its unique proposition. On a personal note I feel it's a path breaking and viable project as Kickcity has a working product. They are an experienced team in the job and with the blockchain technology and their marketing strategies, the project is surely going to make great news. Although now the platform is aimed only at event marketing, the team doesn't exclude that in the future it will be used in many other industries and popularize crypto currency among the society. So, what are you waiting for? Grab the opportunity with both hands to get in the nearest events around you.
For More Details visit:
Website: https://ico.kickcity.io/
Whitepaper: https://whitepaper.kickcity.io/en.pdf
Blog By: Lanirm Knayam
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1308391