Yes, I would like to understand what fees will be in the wallet and how convenient it will be . And I would also like to understand how legitimate it is to conduct transactions in this way ?
Commissions will depend on the status of your account, that means how much of the KNLC token you hold on your account. And all operations when using exchange or withdrawal via the KNLC token =0%. You can also hold a KNLC token and receive daily profit. All conversion operations from crypts to fiat (more than 30 currencies) are carried out through the KNLC token. |
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- non-reward donation;
- Kickstarter model - receiving non-financial rewards;
- crowdinvesting - financial reward.
Crowdfunding helps to avoid the participation of exchanges, funds and banks in the process of obtaining financing. This procedure has been greatly simplified and has become more democratic.
A crowdfunding platform is a platform used to host and promote relevant projects on the Internet. It is a specialized service for posting ideas. The platform provides legal and financial aspects. In addition, it will facilitate the interaction of participants and help in promotion.
Benefits of crowdfunding
The main advantage of crowdfunding is that it uses previously underutilized sources of capital. This makes financing affordable for companies that previously could only dream of receiving financing from traditional sources. As we said above, attracting interested parties is another potential advantage of the online platform. Thus, the registration of a crowdfunding platform can ensure the creation of a wide base of investors who, with the right approach, will be able to promote the project through social networks and word of mouth. To promote and prosper a business, both aspects must be considered. For example, investors are offered special rewards in parallel with the investment of their investments. Small costs in the future can be of great benefit to the crowdfunder.
The revolutionary Kernel-Trade platform provides a unique payment system and Kernel Wallet. Kernel-Trade is a financial start-up, designed to compete with any brokerage company, crowdfunding platforms and payment services in the world.
Kernel MVP crowdfunding platform includes:
● Crowdsale module
● Integration of cryptocurrency through the Coinpayments gateway
● KYC module (internal storage)
● Integration with Fiat Gateway (bank and payment system)
● advanced KYC module (integration with IdentityMind)
● Commissions and limits module (including setting commissions and limits)
● secondary market |
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I'm still interested in whether it will be a client application for a PC or a web service ? I would like to understand how successful the interface of this project will be
It will be a web service as well as mobile apps |
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I would like to know about the tokenization of real estate . Will it be real estate in a particular country or will it work all over the world ?
We will operate globally |
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Is this also another type of crypro project dealing with shopping? I was a fanatic of shopping projects before but most of them turn into scam ans didn't paid the investors. If ever you are launching your product, what will be your gap to other projects? And what is the meaning of KNL? I'm i do not read you post neatly and I can't find the meaning of the latter acronyms.
KNL means Kernel. Here is the full list of our services: Payment system / Kernel-Trade: Electronic money platform Includes ● wallet ● peer-to-peer transfers ● cryptocurrency integration through Coinpayments gateway ● KYC module (internal storage) ● Integration with Fiat Gateway (bank and payment system) ● advanced KYC module (integration with IdentityMind) ● Star Bridge (Stellar) |
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I agree that fiat money will be necessary in the wallet. When do you plan to start the work with fiat money?
very soon. Now we are receiving the license to be able to work with banks It is really very good.  You will not have any competitors. When do you plan to start tokenization of real physical commodity assets? This year. Follow the news not to miss the launch  |
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What can be tokenized?
From exotic assets like artwork, sports teams and racehorses to traditional assets like bonds, real estate, venture capital funds and commodities, almost every asset class can be tokenized.
- Real Estate
Real Estate tokenization allows fractional ownership, which opens the doors for high capital and increased market participation. Tokenized real estate assets provide an opportunity to expand real estate investment markets.
- Commodities
Tokenization of commodities can offer new market opportunities across the sourcing of commodities and trading lifecycle. Converting physical assets into tradable digital assets offers improved liquidity and lesser barriers to entry in asset classes led by institutional investors individuals.
- Private equity shares
Currently, information about shareholders and shares of small-to-medium sized companies is recorded on paper or spreadsheets. Each party manages records in its database, creating silos which is inefficient and prone to errors. Tokenization of equity shares allows companies to interact with shareholders by providing information on a single shared and immutable ledger. Shareholders will have ownership transparency and authenticity to run trades on the secondary market.
- Physical Goods
Illiquid assets, including artwork, wine, ownership interests in private companies, partnership shares and more, can be tokenized to offer provenance, lending and price discovery through the transparency of the blockchain.
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Now many cryptocurrency platforms offer tokenization of assets. What is the difference between your platform and the other platforms?
Not one platform offers tokenization of real physical commodity assets |
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Here are some of the reasons why the market is shifting to tokenization:
- No territorial barriers
An investor can invest in the property located in any part of the world without visiting there physically. Investment becomes secure, fast and easy with asset tokenization on the blockchain.
- Elimination of middlemen
Trading of assets usually takes days to months to achieve a settlement. It involves external entities to validate the documentation of transactions and investor’s eligibility, which adds extra costs to the process. But, tokenization removes the need for intermediaries with blockchain’s ability to provide immutability and transparency.
- Fractional Ownership
When assets are digitized, they become highly divisible. Thus, investors can invest in small percentages of tokenized assets. For example, you can buy only a 10% share of a tokenized real estate property. It dramatically removes the barriers for billions of investors to enter the market.
- Improved liquidity
Bringing the investment process on the blockchain provides a low-friction environment. Asset tokenization enables the automated transfer of ownership while ensuring compliance. With reduced complexity and costs, tokenized assets present the possibility to invest with fiat money and P2P trading on regulated exchanges, which can improve liquidity.
- Quick and cheaper transactions
Since the transaction and transfer of tokens are done with smart contracts, the exchange process is automated. The automation can reduce the burden associated with buying and selling, with no intermediaries required. As a result, it fastens the deal execution with lower transaction fees.
- Broader Investor Base
Asset tokenization eliminates the restriction on the level of fractionalization by making it possible to sell or buy tokens that represent fractions of ownership. It results in a broader investor base to participate in the investment process. Tokenization would open investors new opportunities and allow them to diversify their portfolio.
In the future, the Kernel plans to conquer its niche in Russia and in the world. In Russia, the Kernel plans to work not only with individuals, providing its product - the mobile multi-currency wallet Kernel, but also the Kernel-Trade platform, a service that allows you to tokenize and release your goods and services to legal entities and individual entrepreneurs, to sell their goods and services in the marketplace platform of the Kernel-Trade platform, make transfers and change money in more than 20 currencies, as well as carry out factoring transactions. According to the creators of Start-up, service in Russia will be almost free.
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It is very good that blockchain technology can be actively used by sellers of the shops. How will you promote the platform among the sellers?
Via marketing campaigns, contests, and useful functionality What do you plan to change in the Roadmap? When new Roadmap will appear?
We are working on the creation of a new Road map. Stay tuned! |
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Just like many industries, retail is one major sector employing the benefits of Blockchain. Retail has drastically improved over the years as more and more digital technology comes into use. Consumers have way more power over their purchases, especially since marketing becomes more customer-oriented. And Blockchain will make it even better.
Here is how Blockchain technology can improve the shopping experience for consumers:
- One of the biggest issues in retail is fake or knock-off versions of products. The average consumer can be easily fooled by fake products. The problem has become more prevalent as online shopping has become more common. Blockchain allows tracking a product’s lifecycle, which reduces the risk of any kind of fraud.
- Blockchain allows transparency in matters of buying products that contain healthy ingredients, are socially responsible or respect the original manufacturer. In a world where people have become more cognizant of human, animal, and environmental abuse, it has become significant to know what kind of product is being bought. And Blockchain’s tracking makes this possible.
- Blockchain also helps create a transparent supply chain system. Not only retailers themselves will have access to decentralized information about their suppliers and distributors network but consumers can track a product as well.
- Since Blockchain is so closely related to cryptocurrencies, coins and tokens could become the new payment solutions for customers. This will be specifically useful for B2B shopping experience where the shipments are often large and so is the transaction. The end to end data trail is quite helpful, so are the smart contracts.
- One of the best ways to improve the shopping experience for customers is to know what they want. For this purpose, retail businesses collect customer data for analysis from varying touch points. The combination of Blockchain and artificial intelligence helps access data in real time over a decentralized system.
Kernel Wallet is a service that offers users with the same name tokens with more than 20 foreign currency accounts, between which you can transfer money without bank charges and at a favorable rate. In addition, cryptocurrencies can be stored, spent and exchanged in the Cores account: Bitcoin, Ethereum, Litecoin, Stellar and other top-end cryptocurrencies. The wallet will also be useful to those who often make purchases in foreign online stores: eBay, Amazon, Aliexpress, BeautyBay, etc. Conversion at the same time will be at the current Forex rate, and the money will be written off in the account currency. The client will save 1-5% of his payment.
Advantages of the Kernel wallet:
1) Write-off is carried out instantly at the rate of Forex or coinmartcap for crypto
2) Free and instant transfer inside the wallet
3) The application supports the opening of wallet tokens in more than 20 currencies
4) Input and output supported in more than 20 currencies
5) The client receives instant notifications about all operations on the wallet
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Do you plan to have a bug bounty to test the trading platform for bugs and other mistakes?
For now, we do not plan to launch a bug bounty Does anyone have any idea what is going on with this project ?
According to roadmap, everything has stopped on Q2 2019 milestones. As I understand, ICO is still on, softcap hasn't been collected so far and it is uknows how much is collected.
We have redesigned our platform. our idea, and our Roadmap. Follow the news to learn what is going on woth our project now Does anyone have any idea what is going on with this project ?
According to roadmap, everything has stopped on Q2 2019 milestones. As I understand, ICO is still on, softcap hasn't been collected so far and it is uknows how much is collected.
We have redesigned our platform. our idea, and our Roadmap. Follow the news to learn what is going on woth our project now I agree that tokenization of assets is useful, but what do you plan to do to avoid scams during the tokenization of assets?
All the tokenized goods should be in our proprietary rights |
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I like the idea of tokenization of assets but it is necessary to attract projects for tokenization of their assets. Do you already have such projects?
Sure, we have analyzed this market, created a solution that will be profitable and useful for many people |
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Blockchain and other DLT technologies, either via cryptocurrencies or Smart Contracts, are often described as “trustless” technologies. They allow users to transact with one another without needing to rely on intermediaries they trust, such as banks or notaries, in order to ensure that the transaction takes place in a safe manner. Yet, in this DLT world, the lack of trust is only limited to the wallets rather than the people themselves. If we’re going to look at e-commerce in general, sending payment via cryptocurrencies will ensure that you can irrefutably prove that the transaction took place – as everyone has the same copy of the same ledger – yet there’s no way to prove that the recipient will actually send over the goods.
While the banks or credit card companies can verify that the money has been sent, the sellers still need to be trusted that they will deliver on their promise. Similarly, the seller has no guarantee that the buyer, when asking for a refund, is truthfully going to claim that the item failed to arrive or arrived in a damaged state.
We are now at the point where we have the technologies needed to build systems that can establish instant trust between people without sacrificing anyone's privacy. One of such technologies is the blockchain.
The revolutionary Kernel-Trade platform provides a unique payment system and Kernel Wallet. Kernel-Trade is a financial start-up, designed to compete with any brokerage company, crowdfunding platforms and payment services in the world. The blockchain allows banks to upgrade inefficient processes:
- The blockchain makes transactions cheaper by cutting out intermediary banking costs.
- The blockchain can complete transfers in minutes.
- The blockchain can unequivocally confirm delivery each and every time.
Kernel Wallet is a service that offers users the same name tokens with more than 20 foreign currency accounts, between which you can transfer money without bank charges and at a favorable rate. In addition, on the Kernel account, you can store, spend and exchange cryptocurrency.
Electronic money platform includes:
● wallet
● peer-to-peer transfers
● cryptocurrency integration through Coinpayments gateway
● KYC module (internal storage)
● Integration with Fiat Gateway (bank and payment system)
● advanced KYC module (integration with IdentityMind)
● Star Bridge (Stellar) |
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You have a really good results. Is your Crowdfunding platform MVP ready? Can you give me a link for it?
Crowdfunding platform functionality: https://youtu.be/vOno0l0o2-4There is no information about Real Estate Tokenization Platform MVP. Can you explain more about it?
It will be launched in 30 days. For now, you can check this video: https://youtu.be/vOno0l0o2-4I agree that tokenization is very useful. How many working projects do you already have?
What projects do you mean? Do you plan to work with US citizens in future? What permissions it is necessary to receive to work with US citizens?
For now, we do not plan to work with US citizens When KNL token sell will end? It’s last year project and i see that token sell still live in the official website. KNL is very promising project and it’s very significant exchange because it’s working in the various sectors Agriculture, Oil industry and Real estate. I think hard cap is huge to reach in the bearing market.
We offer the investors an opportunity to earn, that is why we do not want to take them to create time limits As I understand tokenization can be used in different spheres including real estate. Do you already have partners for tokenization of assets in real estate?
Yes, they will be announced after the launch of this platform It is really very good that KNL offers different services and will work in different spheres. Do you have clients for tokenization of assets?
Sure, we have analyzed this market, created a solution that will be profitable and useful for many people I think that tokenization of assets will attract a lot of project to the platform. But promotion is necessary. How do you plan to promote the project?
Via different marketing campaigns |
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A problem and a solution
A certain problem arises for employees from foreign branches, as well as for those who work remotely. They need to pay for work. Moreover, it is far from always convenient to transfer money to a card. For example, a fee may apply.
Some startups offer blockchain solutions. How does it work? Information is entered into the smart contract - about the amount and terms of the salary. Money is transferred to an electronic wallet, and then it can be transferred to a card.
Thanks to new technologies, finding an employee is much easier. Blockchain not only helps automate processes, but also saves your time. As a result, there are several minutes that you can spend on yourself. And paying a salary to a remote employee becomes a much simpler process if you transfer it through the blockchain.
Kernel-Trade platform
The revolutionary Kernel-Trade platform provides a unique payment system and Kernel Wallet. Kernel-Trade is a financial start-up, designed to compete with any brokerage company, crowdfunding platforms and payment services in the world.
Kernel Wallet
Kernel Wallet is a service that offers users with the same name tokens with more than 20 foreign currency accounts, between which you can transfer money without bank charges and at a favorable rate. In addition, cryptocurrencies can be stored, spent and exchanged in the Kernel account: Bitcoin, Ethereum, Litecoin, Stellar and other top-end cryptocurrencies.
No conversion and transaction fee
It is no secret that banks charge an average of 1-5% for conversion when paying or transferring money in a currency other than the card account. In addition, funds are converted at the rate of the bank not day by day, but later. With the Kernel, the client will not have such problems. He will be able to pay for goods and services, instantly exchange any currency supported by the Kernel Wallet , withdraw money in any currency at the current Forex rate or if the cryptocurrency is at the rate of Coinmarket сap without huge fees and other restrictions.
How does a wallet work?
Wallet The core is designed as a mobile application that can be downloaded to your Android or iOS phone.
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Please explain what function will do the crowdfunding platform? Will it be used for the tokenization of assets?
Yes, the platform will be used for asset tokenization. Tokenization of assets will allow to the existing business to tokenize the assets. Do you already have projects for tokenization of assets?
Yes, there are, projects for tokenization of assets It is necessary to attract traders to the trading platform. Trading platform must have enough liquidity. What do you plan to do to attract liquidity and users to the trading platform?
To attract liquidity and users to the trading platform, our task is to reduce the cost of transition for traders with cryptocurrencies and fiat. Our networked platform will have access to several reserves and can make the transition from one exchange to another easier by working with different wallet operators. The user will be able to log into his wallet and exchange tokens without leaving it. This will allow you to pay in any currency supported by our platform. Converting tokens and fiat is not the only approach to solving the liquidity problem. There are many other ideas on how to help users easily and with low fees to conduct transactions between different networks, we've also implemented an atomic swap. These solutions open up completely new opportunities for attracting the masses to the cryptocurrency ecosystem. |
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Now it is January. Now a lot of platforms offers tokenization of assets. What is the difference between you and other platforms?
Tokenization is just 1 branch of our project. Users will be able to tokenize any products, our platform will be fast and secure |
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Are bitcoin and the blockchain effective for money transfers?
Compared to existing money transfer options, bitcoin is typically more complicated, slower and more expensive. That’s a triple disadvantage against traditional methods like banks and wire services. Bitcoin comes with a learning curve. It’s quick to transfer bitcoin, but your overall fiat-to-fiat transfers will be slowed by financial institutions. And another problem with crypto is that exchange rates often make currency conversion expensive — and bitcoin exposes you to them twice.
The potential is out there
Along with the blockchain, cryptocurrency is quietly working behind the scenes to spark a revolution in the money transfer industry. Its critical advantage is that it’s decentralized. It means that blockchain transactions can fluidly bypass the web of financial middlemen.
Innovative startups and financial institutions are taking note, leveraging the blockchain for big wins. Payment applications, for example, use the technology to move money swiftly around the world and create savings for its customers. You don’t have to work with cryptocurrency at all, usually they manage them in their backend processes while you deal exclusively with fiat.
The blockchain is catching on
The blockchain is being embraced enthusiastically by the financial industry. Many banks are aware that they need to evolve with the changing times — especially when they’re being assaulted by scrappy startups hoping to bring them down. The blockchain allows banks to upgrade inefficient processes:
- The blockchain makes transactions cheaper by cutting out intermediary banking costs.
- The blockchain can complete transfers in minutes.
- The blockchain can unequivocally confirm delivery each and every time.
In time, the cryptocurrency and blockchain may have an invisible hand in virtually all of our financial transactions. They’ll serve as the unsung heroes in the fiat system we’ve grown to trust. Sending money back to family overseas would be as easy as giving cash to a friend. And numbers on a smartphone would be as spendable as coins in our pockets. If we achieve that reality, we may finally see the cryptocurrency revolution we’ve long been promised.
Kernel Wallet is a service that offers users with the same name tokens with more than 20 foreign currency accounts, between which you can transfer money without bank charges and at a favorable rate. In addition, cryptocurrencies can be stored, spent and exchanged in the Cores account: Bitcoin, Ethereum, Litecoin, Stellar and other top-end cryptocurrencies. |
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Do you plan to work with US citizens in future? US is a big and rich market.
No, we can't work with US citizens for now |
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