I have an impression that platform is created for youth only – i mean all these social networks, simple transactions and other stuff. On the other hand, there’re some options that would be of interest for everyone. All in all, what’s the focus group chosen by the developers to be the clients?
Why would the platform be created for youth only. It just has to do with fundamental changes in our society. We will be old one day and the young kids then will think that the stuff we used is boring and meant for old people. Why a platform have to limit itself to youth only? The parents of my friend are 60+ and they know how to use smartphone for videoing, voice message, just don't type. KahnChat app is design to be easy to use for all age as long as they know how to use smartphone. |
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If 1% of the market allows all the ICO investors to make profit, what income will they reach in case 3-5% are captured?
The value of the token will goes further. It is similar like share, the more profitable of the company the more value of the share. Same to the token too. |
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According to the road map, the expansion of the staff is planned at the 2nd quarter. What specialists will u need? Is it possible to work remotely?
Depends on what roles are. Some can be work remotely but some have to be office based. |
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I’ve registered on kahnchat.com. Is it all I have to do in order to buy tokens and participate in ICO? I’m planning to buy some now.
All buyers is required to submit their ID for the Known Your Customer (KYC) requirement. You can do the KYC after or before the purchase but before the token delivery. The KYC process is very simple, just use your smartphone to take picture of the following documents and upload it to us via the Member Dashboard. 1) Photo ID (Passport photo page or Photo Driving License or Government issued Identity Card) 2) Address Proof. (Bank statement with your name and address or Utility bill with your name and address) 3) Selfie Photo (Hold the Photo ID and take a front photo with your smartphone) That's all for what purpose is the identification procedure carried out, to exclude the US Civil. HANTER will also need to pass it? Be honest, we really do wishes we could accept the citizen of USA into the project but due to the rules and complication of the requirements, we have no choice but to disappointed our potential supporters from USA. As to the KYC, We are required by The London Local Authorities Act of 2007 Part 5 §75 , and Money Laundering Regulations 2007 which governs the ‘Know Your Customer’ (KYC) requirements to obtain certified proof of ID and proof of address documents for all customers who purchase the token. необходимо ли будет проходить процедуру идентификации людям помогающим в привлечении инвесторов? Anyone who receiving the token regardless the purpose is required to complaint with the KYC. |
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It seems to be that the platform should try hand in closed corporative solutions. Such tools are good for small companies in which everyone knows each other. Am i right?
Yes. |
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Online games have significant role in social networks. Will there anything like that?
Yes, Mobile gaming is on our roadmap as specified in our whitepaper. |
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Will the funds be allocated to the development of security systems after the end of the ICO? If so, how many funds will be spent?
Yes, 60% of the soft cap funds are for the development including the security system in software and hardware. |
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It looks like the 35% bonus period is over. What is the bonus at this stage of ICO?
The bonus scheme now is X1, X3, X5, X10, and X20 depends on the volume. See table below X1 Bonus if you buy 1 - 249 KCH (0.002 - 0.498 ETH) Example: Buy 200 KCH Bonus 200 KCH Total received: 400 KCH (Avg. 1 KCH = $0.90 if $900/ETH)X3 Bonus if you buy 250 - 499 KCH (0.5 - 0.998 ETH) Example: Buy 250 KCH Bonus 750 KCH Total received: 1000 KCH (Avg. 1 KCH = $0.45 if $900/ETH)X5 Bonus if you buy 500 - 1499 KCH (1 - 2.998 ETH) Example: Buy 500 KCH Bonus 2500 KCH Total received: 3000 KCH (Avg. 1 KCH = $0.30 if $900/ETH)X10 Bonus if you buy 1500 - 2499 KCH (3 - 4.998 ETH) Example: Buy 1500 KCH Bonus 15000 KCH Total received: 16500 KCH (Avg. 1 KCH = $0.17 if $900/ETH)X20 Bonus if you buy 2500+ KCH (5+ ETH) Example: Buy 2500 KCH Bonus 50000 KCH Total received: 52500 KCH (Avg. 1 KCH = $0.09 if $900/ETH)The more you buy, the lower your cost is. |
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I’ve registered on kahnchat.com. Is it all I have to do in order to buy tokens and participate in ICO? I’m planning to buy some now.
All buyers is required to submit their ID for the Known Your Customer (KYC) requirement. You can do the KYC after or before the purchase but before the token delivery. The KYC process is very simple, just use your smartphone to take picture of the following documents and upload it to us via the Member Dashboard. 1) Photo ID (Passport photo page or Photo Driving License or Government issued Identity Card) 2) Address Proof. (Bank statement with your name and address or Utility bill with your name and address) 3) Selfie Photo (Hold the Photo ID and take a front photo with your smartphone) That's all for what purpose is the identification procedure carried out, to exclude the US Civil. HANTER will also need to pass it? Be honest, we really do wishes we could accept the citizen of USA into the project but due to the rules and complication of the requirements, we have no choice but to disappointed our potential supporters from USA. As to the KYC, We are required by The London Local Authorities Act of 2007 Part 5 §75 , and Money Laundering Regulations 2007 which governs the ‘Know Your Customer’ (KYC) requirements to obtain certified proof of ID and proof of address documents for all customers who purchase the token. |
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I’ve registered on kahnchat.com. Is it all I have to do in order to buy tokens and participate in ICO? I’m planning to buy some now.
All buyers is required to submit their ID for the Known Your Customer (KYC) requirement. You can do the KYC after or before the purchase but before the token delivery. The KYC process is very simple, just use your smartphone to take picture of the following documents and upload it to us via the Member Dashboard. 1) Photo ID (Passport photo page or Photo Driving License or Government issued Identity Card) 2) Address Proof. (Bank statement with your name and address or Utility bill with your name and address) 3) Selfie Photo (Hold the Photo ID and take a front photo with your smartphone) That's all |
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It’s constantly repeated in the white paper that you can transfer money to family members and relatives. Can it be someone not family related?
It said, friends and family. Actually, anyone who with the KahnChat app and his/her name is in your KahnChat address book can be a recipient of the transfer. |
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I’ve already got some tokens during pre-ICO? Can I participate in early stages of the sale again?
Yes, you could, you can send an email to support@kahnchat.com if you have any questions. |
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KahnChat offers a lot of tools and combines different functionality. But there are a lot of projects in crypto now. How hard would be to copy this functionality?
Copying a project idea is easy, we can't guarantee other company might copy our idea or maybe there is already someone doing it now. KahnChat has this idea and has the suitable engineers to develop the features, instead of worrying other company copying the idea, it would be better to come in to invest in the company so the company can reach its goal and develop the said feature as per plan. |
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if you don't reach soft cap target till 18.02 - you will return money to your investors?
The total amount raised till today 16/2 is $130k. The amount is enough for us to have the social networking and cryptocurrency wallet features develop, for the fiat currency and major exchange listing, we will need to achieve the soft cap. If we are unable to reach the soft cap by the end of 28th Feb, we will have to give an option to our buyers 1) Stay with us while we finding the alternative source of income for the remaining fund via the financial loan, traditional crowdfunding. 2) Refund the investment. We will process the refund to the buyers if they choose not to stay with us. |
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What is the minimum purchase that has to be done as of today feb 15?
The minimum purchase is 1 KCH or 0.002 ETH |
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I know you guys are working hard, making a progress, and want to product to be out first but are you working towards listing your tokens to an actual big exchange not just a decentralized ones? As a trader, personally, think that the best way of marketing is to be exposed to a crypto community.
This is similar to the question of 'chicken or egg first'. The token goes to exchange before ICO close or before ICO then the ICO project does not need to carry out ICO, the project can sell their token at the exchange for the required investment fund. Most of the exchange does not provide a free listing on their exchange, some of them charge high listing fees, without the raised fund, it is hard to get the token to list on those high listing fees exchange. |
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I've already signed up and even undergone KYC in order to participate in the sale. It's specified that the crediting of bonuses which are intended for me will happen during a particular period of time. How long is this period? I havent found the info anywhere(
The token will be delivered to your registered ETH address with 12 hours after the ICO closed. It did stated on the main website under the 'Acceptable Payment Method?' section. A confirmation sales receipt email with the details of your purchase with the number of token purchase, bonus and total token will email to your email address after payment confirmation. The delivery date also stated on the email too. |
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Does the project has descriptions, reviews in well known media which are considered to be independent? What articles can be used as example?
You might want to check out at https://www.icotokennews.com/icos/kahnchat/ for information |
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What official researches did the developers rely on when they were planning to work in the card transaction market?
These information was stated on the website as well as on the Whitepaper. The research is based on 'The UK Card Association' and 'The Statistics Portal' Reference links for the research report were included in the Whitepaper |
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The more KCH token you buy, the more bonus you get, the better price you have. |
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