A brief overview of KICK Ecosystem and a massive airdrop & competition worth 7,500,000 KICK Tokens
The crowdfunding, token sales have been on the rise since 2017 and with the implementation of blockchain technology in the various domain in the real world, the different projects are also popping up to offer a solution in some form, powered with blockchain technology. In order to raise the fund these projects normally go through token sales through ICO. But we have seen in the past that ICOs have their own generic flaws and it was also witnessed that some projects fraudulently swindled money of the investors in past. In addition to that ICOs have regulatory issues.
The next best alternative instrument to accomplish the goal of fundraising is through STO(Security Token Offering) which will not only fulfil the regulatory compliance but also can gain the confidence of the investors as it can redefine the way fundraising is done and also it can also reinforce public imagination and perception to participate in fundraising in a better way. It has all the attributes which can bring the institutional fund to the project.
KICK ECOSYSTEM is a complete fundraising and exchange ecosystem that raises token sales to a higher standard, driving them closer in sophistication and security to modern financial systems.
KICK Ecosystem as fundraising & exchange solution accomplishes its goal through the following different components:-
- KICKID
- KICKEX
- KICKWALLET
- KICKDESK
- NEW PRICING MODELS: AICO AND IECO
- KICKPAY
- KICKCPA
- KICKREF
- KICKMOBILE
- KICK
KICKID
Traditionally, for taking part in ICOs, the participants have to submit the KYC document each time they participate in an ICO and this makes the thing complex & hectic from the user's perspective. KICKID will simplify this and the user needs to be verified once only and once the user is verified, can gain access to KICK Ecosystem and across all KICKID enabled platforms. So KICKID is an open standard which the other platforms can make use for authentication.
KICKEX
It allows both security tokens and utility tokens to list & trade. Allowing security tokens means more inflow of institutional investors, as institutional investors always look for equity, dividends, legal compliance. Apart from that, KICKEX also supports major cryptocurrencies like BTC, ETH, XLM, USDT, TUSD, ADA, ZRX, DOGE, XMR, EOS, LTC, DASH, XRP, NEO & many others. The best part of KICKEX is that it is 100% commission-free for traders, makers, takers. The other important features of KICKEX are bank-grade security, scalability, professional trading tools, API support, etc.
KICKWALLET
It is a wallet which supports all the currencies in KICK Ecosystem. It can be used to send/receive funds, participate in ICOs, to pay the service provider, to quickly buy, sell or convert a crypto asset. It also supports the integration of external wallets with private keys.
KICKDESK
It is a white label solution which integrates with any website. It helps to expand the reach of KICKICO and ultimately brings new people to the KICK Ecosystem. The primary objective of KICKDESK is to let the startups run the ICO or STO in their own websites.
NEW PRICING MODELS: AICO AND IECO
In traditional ICOs, the estimated price is always a highly optimistic figure and very often not a fair price from the viewpoint of an investor/participant. KICK solves this issue by AICO(Auction based Initial Coin Offering) in which the price of the token is not fixed by the ICO/STO, rather based on the bid-based auction. This can enable the price of the token to evolve organically in an ICO/STO and the participants will also be satisfied when they can see the publicly available transparent bids. It also supports the Initial Exchange Coin Offering concept(IECO).
KICKPAY
It accepts all major cryptocurrencies and allows merchants to get paid in cryptos. It generates revenue for KICK Ecosystem, as it acts as a merchant payment gateway.
KICKCPA
It enables CPA ad networks to deliver traffic to the various services/components of KICK Ecosystem.
KICKREF
It rewards referral commission. Any user in the KICK Ecosystem can generate their personalized link and whenever someone clicks on the referral link and joins the ecosystem, makes a transaction, then the link creator earns a referral commission.
KICKMOBILE
It combines all functionality of the KICK Ecosystem with features like news, articles, chat, portfolio tracking, etc.
KICK
KICK is the native token of the KICK Ecosystem. It grants special discounts and privileges to the users/token holders in KICK Ecosystem.
The ongoing Airdrop Offer
Trade.io is a crypto exchange service which supports several major blockchains such as BTC, ETH, LTC, and many others. Recently they have announced that KICK coin is listed in their exchange service and it is available for trading as of now. In a way to celebrate this listing, they are offering massive airdrop of 4,000,000 KICK and also they are hosting a competition of 3,500,000 KICK for traders.
Competition for traders
- The competition (3,500,000 KICK) starts from June 21st at 10:00 AM EST and ends on July 5th, at 12:00 AM EST.
- Prize: 3,500,000 million KICK
- Winners: 10 Winners
- Date winners will receive their prize: Between 8thand 9th of July
Airdrop(4,000,000 KICK)
- 1,000,000 KICK will be distributed proportionately to each liquidity pool member on June 22nd, 2019.
- 3,000,000 KICK to KICK holders . The coins will be distributed proportionately, means more coins you hold more KICK you will receive as airdrop.
Any user who holds KICK coin on our exchange, trade.io, while the snapshot is taken (users can buy them or transfer them) will be eligible to receive coins.
The snapshot will take place on 21st June, prior to the competition starting (10:00 AM EST). Coins will be airdropped during June 22nd, 2019.
For more details please visit their official Medium & Telegram Channel.
DISCLAIMER
This is not financial advice, nor a guarantee or promise in regards to any result that may be obtained from using the above content. The information provided here is for informational and entertainment purposes only. It should not be considered as financial and/or investment advice. No person should make any kind of financial decision without first consulting their own financial adviser and/or conducting their own research and due diligence.