Review and analysis of ICO Kora (new infrastructure for Finance)

That carries ecosystem Kora? Let's talk..

Blockchain is a unique system and it contains so much interesting and mysterious that more and more people move here because of curiosity and desire to earn.. And thanks to the Kora system, the entire infrastructure will be provided, while covering all components of the market..

People are accustomed to using Fiat currency, so developers have created an asset such as eFiat, which is essentially a digital version of the national currency, which will allow users to retain understanding and trust. They are provided with 100% cash reserves and are repayable at the rate of 1 to 1.. And if we talk about ecosystem tokens, they will expand the possibilities of users for full credit and investment, as well as for social assistance and financial education, and so on and so on..

The Kora ecosystem is a global hope for billions of people who are still not sufficiently covered by the current financial system. After all, judge, progress is moving at a crazy pace, and most people today still do not even have accounts with cryptocurrency! And it is very scary)), there is Some cryptocurrency? What tokens? After all, many do not even have a smartphone, so the capital in such conditions is not create. Such people are billions and hence the humanistic and economic crisis is growing, depriving people of basic prosperity..

Due to this situation, the Kora ecosystem offers a low-cost financial services platform accessible to everyone. The technology works through SMS\USSD directly on the mobile phone using the Internet and the corresponding application. Huge expectations that Kora will significantly reduce the costs of low-income people and move them forward on the crest of the wave!

The advantages are enormous! Let's look at them..
A self-sufficient and extensive ecosystem is flourishing in front of us, which will allow participants to increase their incomes and be fully satisfied..

Anyone can become a user of the Kora platform and have access to unique financial services from suppliers. Of course, in such circumstances, users will be responsible for compliance with regulatory requirements.. Suppliers actually are various banks and secondary organizations for the provision of financial services. There will be organized a kind of cash points, which are small businesses that accumulate finances, such as grocery stores, gas stations. And the implementers in turn will be the companies that accept eFiat as a method of payment.

The most dominant and convenient means of communication today are mobile phones and no one will argue with that. And Kora just involved this plot to itself in the concept and is used even for the cheapest mobile phones. All transaction history will be safely stored in the blockchain, which in due time will be available for viewing. Every person who fails to submit his / her documents will work with a real barrier to view his / her financial transactions. It will look quite comfortable, as the developers have tried. Within the ecosystem, members will be able to accumulate points and use the loyalty system.

Confidentiality is based on the developed model of uPort, which implies data recovery. This approach implies simplicity of operations and thus suppliers will be able to provide financial services to users without the cost of setting up different institutions.. If we talk about business, its launch will be significantly cheaper and easier thanks to the ecosystem Kora. The core software will operate in a decentralized manner, where users will be able to share financial services with others while enjoying low cost and fast transactions.

History and development plan of the project

July 2017-Fundamental investment

August 2017-Active development on technology implementation in USSD, SMS and mobile application

September 2017 - launch of Korea 1.0 test version on Ethereum

July 2017 — the Start of user testing in West Africa

September 2017 — the development of the core platform

March 2018-token Pre-sale

April 2018 — Public sale of tokens

May 2018-the Appearance of the first beta version of the site

2019 - global Expansion in Asia

November 2019 — The Launch Of Kora 2.0

You can get acquainted with the team here: https://www.kora.network/#team

Conditions of participation in ICO:
About the token KNT

Tokens will feed the eco-environment, where you can pay for various services thanks to them. Such decentralization of KNT ownership will contribute to the economic stability of the Kora network.

Development based on ERC 20

Emission: ~ 755 000 000 KNT

For sale allocated: ~ 340 000 000 KNT

For development allocated: ~ 150 000 000 KNT

For team selection: ~ 115 000 000 KNT

Hardcap: $24 000 000

All unsold tokens will be recycled!

ICO end date: April 19, 2018

More information about the platform can be found here..

Website: https://www.kora.network/
Twitter: https://twitter.com/Kora_Network
Telegram: https://t.me/kora_network
WhitePaper: https://www.kora.network/downloads/Kora_Russian.pdf
BountyHive: https://bountyhive.io/browse/Kora%20Network

Author(bountyhive) : starkkyala