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Why invest in KahnChat ICO?
Here are some other reasons why KahnChat ICO is the best ICO to invest in 2018.
Imagine a social networking app where you can not only chat and socialize with people but also you can send money, make transfers and even pay for your purchases, and not just with Fiat currency but also with cryptocurrency. How cool is that!
The KahnChat social networking and mobile payment app has all the features mentioned above and then some more. There is a separate digital wallet where users can manage their KCH tokens and use them for trading on cryptocurrency exchanges and buy goods online/offline.
Strong Revenue Model
The company plans to generate its revenue from mobile payments. Mobile payments is a rapidly growing industry, especially in the UK and the US. Both online and card-based mobile payments amount to billions in revenue for the industry leaders. Those, who are already involved in this sector, are earning huge sum from their mobile investments.
The KahnChat’s mobile payment target is 1% of the market share which is more than sufficient to produce a huge return to each of the ICO investors.
So, the reason you should consider investing in the KahnChat ICO is that it is based on a practical and futuristic concept and will surely grow up.
Furthermore, the company is also giving attractive bonuses (up to 50%) to their early sale buyers. The earlier and the more you buy in the sale, the higher will be your profits.
The key to choosing a great ICO for your next investment is – gather as much information as possible about the company and the project, write down the important aspects, compare the positive and negative, and make a thoughtful decision.
KahnChat (https://www.kahnchat.com)
A One Stop Mobile Payment + Social Networking
KahnChat isn't just a traditional social media app we know off, but it combined more features to simplified our daily life. Making a payment, voice chat, video chat, text messaging, follows and more.
Game Changer
KahnChat has several steps in place for the purpose of the app development. These steps are sequentially followed to maximize the development of the app. At the initial launch, the project will offer a Blockchain-backed digital wallet to allow users to purchase cryptocurrencies, make payments for orders and transfer funds between users. At this stage, social media features like messaging, voice and video chat and file sharing will still use the standard (non-blockchain) technology to complete processes. The second step will involve upgrading social media features to fully utilise blockchain technology as soon as the required infrastructure is completed.
Introduction
Plans are in place at KahnChat to develop an integrated social media cum payment system app using Blockchain technology. KahnChat believes that the future of blockchain technology holds so much potential and plans to set up the first prototype of the KahnChat app in the next 6 to 7 months. This launch will enable users to experience the app’s workflow while the teams continue with the development of the main version of the KahnChat app for a future release. The KahnChat app incorporates more than just the normal chatting feature associated with most communication apps. It is a one-stop app for every user between the ages of 18-65 years. The app can be used for messaging via text, voice and video, paying bills and fund transfer, order payments, user-story sharing and for increasing fan-ship and followership of a business or a public figure.
User features include being able to add your friends from the address book either or by scanning a person’s QR code. Life stories can also be shared by users in the form of pictures, video with comments, created groups, inviting friends to groups, following famous artist by scanning the public figures’ public QR code to get the latest updates and news.
Users can also follow various businesses just by scanning its public QR code to receive a discount voucher, special promotion package and other extras. The app also allows the payment of utility bills using the major cryptocurrencies, debit and credit cards and normal bank accounts. Cryptocurrencies can be purchased directly from the app using a debit or credit card or by transferring funds from a bank account.
Once funds are received and confirmed, they are available to be used for payments. Transactions done on the KahnChat app will enjoy the lowest transaction fees to increase business revenue.
Funds transfer has never been so easy and all a user needs to do is to select a user from his contact, enter the amount to transfer and confirm the transaction using the two factors security method.
Mobile Payment
Mobile payment is one of the income streams for the KahnChat app. According to 'The UK Cards Association', £643.6 Billion has spent on cards in 2016 in the United Kingdom alone. The KahnChat’s mobile payment target is 1% of the market share after the launch of the mobile payment app is released. This comes to £6.4 billion worth of transactions each year.
The KahnChat mobile payment transaction charge to a merchant is only 0.6% per transaction, giving the company a potential income of £38.6m from the mobile payment feature alone. The KahnChat digital wallet accepts fiat currency and the wallet also accepts cryptocurrency, allowing the user to cash in their cryptocurrency into the KahnChat wallet for purchase, transfer or withdrawal.KahnChat app has tremendous growth potential.
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The Problem
The social media penetration has changed the way people live; now the same shift is happening in the way people make payments. The user needs more than just a mobile payment: making fund transfers without knowing the recipient bank account details, make virtually unlimited payments, communicate with the seller/company/artist/services without the need to download multiple apps or interact with slow websites. The user needs a One-in-All app that takes the very best of other existing apps and combines it for more features to simplify the daily life.The Solution
KahnChat app is the app for what the user's demanding for; it can make payments for purchase almost regardless of the amount in fiat- or cryptocurrency, funds can be transferred to any KahnChat user, text messages can be sent, chatting via voice or video to single or multiple parties is possible along with file sharing and a lot more. User features include the option to add friends from the address book or by scanning a person’s QR code. Life stories can be shared including pictures and videos with optional further engagement through comments. Users will be able to create groups, invite friends to groups, following famous artists by scanning his or her public QR code for latest updates and news.
The Company
Kahn Technology Ltd is committed to creating a fully professional, legal and certified social media-integrated global payment app based on the blockchain technology platform. This app will be backed by a community of other [Suspicious link removed]munities, developers, financial institutions and other third-party agents.
Our members come from different management and software cadres but all share a common faith in cryptocurrencies and its potential for the future. We are confident of the investment potential and capabilities of cryptocurrencies and love being a part of this growing community.
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