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exortis
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August 19, 2017, 12:23:18 PM |
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Its true that the team look very solid and professional, the project is week handled !
The pre sale work very great, investors put their confidence in KICKICO cause the project seem very good, the team communicate well and look very strong, so the project will be à sucess for sure.
When KICKICO will hit big exchanges like bittrex as many said, the value will raise a lot for sure, just see how the pre sale have work !
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FIEX
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August 19, 2017, 12:34:45 PM |
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Thats an impressive list! Great work I recommend you to stay away from Yobit... all the rest is ok  Thanks for the update. This list will convince some extra investors. |
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ParRus
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August 19, 2017, 12:44:10 PM |
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Wow, very promising! 10 days for the ICO, I must write down that date, hope to get in early, this is a very good project with a lot of potential, the profits will be big and constant |
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xyj790204
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August 19, 2017, 01:33:01 PM |
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cryptopia.co.nz and liqui are easy to hit ,
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magisterr
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August 19, 2017, 01:34:17 PM |
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Really? Very huge list... But you have arragements already with some of them? Or its only plans? On some exchanges very hard to listing (like Polo) |
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lilaj4de
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August 19, 2017, 01:42:49 PM |
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Listing in 5 of the exchanges on this list above will be great for the project. The price will go up. |
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hackis
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August 19, 2017, 01:47:29 PM |
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If you could get to even 3 exchanges that would already be impressive right after the end of ICO. I mean even bittrex alone would be good enough. Nice to see the dev team working hard to list the coin on exchanges after ICO. |
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chaoscoinz
Sr. Member
 Offline
Activity: 1151
Merit: 260
☆Gaget-Pack☆
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August 19, 2017, 01:49:43 PM |
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Hello, I just joined the slack and telegram channels, and I am getting ready to check out, and review the startup's white paper. I will come back to post my questions, and concerns as soon as I'm done!  |
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magisterr
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August 19, 2017, 02:09:23 PM |
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You are wrong guys. Some exchanges almost died (like tidex or yourbit). So better listing in few good exchanges (like Bittrex and Polo) than in a lot of terribles.
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toolucky98
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August 19, 2017, 02:10:46 PM |
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If you could get to even 3 exchanges that would already be impressive right after the end of ICO. I mean even bittrex alone would be good enough. Nice to see the dev team working hard to list the coin on exchanges after ICO. Yeahh, glad to see that bittrex is on the list, number 1 exchange for me  . Hello, I just joined the slack and telegram channels, and I am getting ready to check out, and review the startup's white paper. I will come back to post my questions, and concerns as soon as I'm done! Good luck sir, hopefully you will be more interested after reading the whitepaper |
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hackis
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August 19, 2017, 02:14:19 PM |
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You are wrong guys. Some exchanges almost died (like tidex or yourbit). So better listing in few good exchanges (like Bittrex and Polo) than in a lot of terribles.
True. I already said above that Bittrex alone would be good enough but honestly if they got listed on Bittrex, Poloniex and Cryptopia then the wouldn't need to be listed on anything else, at least at the beggining since those 3 exchanges are all anybody would need. |
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Rigorous
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August 19, 2017, 02:15:21 PM |
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Whitepaper: If a campaign is canceled, all raised funds, since they are stored in a smart contract controlled by the KICKICO platform, are returned to the backers in their entirety.
That's effectively the same as with Kickstarter, creditcards are only charged after conclusion of the campaign.
However, the real trouble begins after the campaign has finished successfully! What if the creator fails to deliver the product and rewards? By that time the creator has likely already converted the pledged ETH to fiat.
With KICKICO a part of that risk is alleviated by KickCoins:
By making a pledge, a backer receives this award (either at the end of the campaign or, after the project is implemented), as well as the equivalent amount of KickCoins at the current exchange rate. Thus, the backer does not just give away their money, but exchanges it for the reward plus the KickCoins provided by KICKICO.
So if the creators do not deliver, KICKICO claims the backers haven't lost anything because they still have the KickCoins worth the same value.
But this system doesn't seem to add up. ETH goes into the system through backer pledges. The same amount of ETH leaves the system through the campaign creators, minus the 4% KICKICO fee. Then where does the value of the KickCoins, equivalent to the amount of ETH pledged, come from?
That's a really interesting question, I tilted on it while reading the whitepaper. I think they are talking about be the reward system in crowdfunding, like you give 500$ to a project and you can can have a CD and a reduction once the product is done ... And they would give the equivalent of the reward in KickCoins. But it's true that I don't really understand how it can work, because above in the whitepaper they say : "For ICO campaigns, the platform fee will be 4% of collected ETH, and 4% of the campaign's tokens. In return, we provide from 4 to 8% of the KickCoins (in effect, selling our KickCoins to the campaign creator in exchange for the fee). Those KickCoins will be given to backers, together with the campaign tokens. For crowdfunding campaigns, we give backers from 4% to 20% of the value of their investment as KickCoins, depending on their reputation on the site (Karma scores). This rate is being taken from exchanges, but will never be less than 0.0005 ETH per KickCoin. This system ensures that in both ICOs and crowdfunding campaigns, the backer gets cryptocurrency for their contribution. We have two requirements for creators of crowdfunding campaigns that want us to provide KickCoins to their campaigns:" We could really use a concrete example. Let's say this one is on KICKICO: https://www.kickstarter.com/projects/ramybadie/unstable-unicornsthe creator indicates what the backer will receive for pledging a certain amount of ETH. By making a pledge, a backer receives this award, as well as the equivalent amount of KickCoinsI pledge $20. Creator indicates I get the Black Box Edition. The campaign is successful, I receive the Black Box Edition (cost to backer $15 maybe?) and the equivalent amount of KickCoins ($15). Which is very different from: I pledge $20, the platform gets 4% of $20 and 4% Unstable Unicorns tokens. And I receive 4-8% of $20 worth of KickCoins and 96% of $20 worth of Unstable Unicorns tokens. Which by the way also doesn't add up. Where does that other 0-4% worth of KickCoins come from? That's funded by the growth of other campaign tokens? |
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pynetx
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August 19, 2017, 02:40:18 PM |
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Whitepaper: If a campaign is canceled, all raised funds, since they are stored in a smart contract controlled by the KICKICO platform, are returned to the backers in their entirety.
That's effectively the same as with Kickstarter, creditcards are only charged after conclusion of the campaign.
However, the real trouble begins after the campaign has finished successfully! What if the creator fails to deliver the product and rewards? By that time the creator has likely already converted the pledged ETH to fiat.
With KICKICO a part of that risk is alleviated by KickCoins:
By making a pledge, a backer receives this award (either at the end of the campaign or, after the project is implemented), as well as the equivalent amount of KickCoins at the current exchange rate. Thus, the backer does not just give away their money, but exchanges it for the reward plus the KickCoins provided by KICKICO.
So if the creators do not deliver, KICKICO claims the backers haven't lost anything because they still have the KickCoins worth the same value.
But this system doesn't seem to add up. ETH goes into the system through backer pledges. The same amount of ETH leaves the system through the campaign creators, minus the 4% KICKICO fee. Then where does the value of the KickCoins, equivalent to the amount of ETH pledged, come from?
That's a really interesting question, I tilted on it while reading the whitepaper. I think they are talking about be the reward system in crowdfunding, like you give 500$ to a project and you can can have a CD and a reduction once the product is done ... And they would give the equivalent of the reward in KickCoins. But it's true that I don't really understand how it can work, because above in the whitepaper they say : "For ICO campaigns, the platform fee will be 4% of collected ETH, and 4% of the campaign's tokens. In return, we provide from 4 to 8% of the KickCoins (in effect, selling our KickCoins to the campaign creator in exchange for the fee). Those KickCoins will be given to backers, together with the campaign tokens. For crowdfunding campaigns, we give backers from 4% to 20% of the value of their investment as KickCoins, depending on their reputation on the site (Karma scores). This rate is being taken from exchanges, but will never be less than 0.0005 ETH per KickCoin. This system ensures that in both ICOs and crowdfunding campaigns, the backer gets cryptocurrency for their contribution. We have two requirements for creators of crowdfunding campaigns that want us to provide KickCoins to their campaigns:" We could really use a concrete example. Let's say this one is on KICKICO: https://www.kickstarter.com/projects/ramybadie/unstable-unicornsthe creator indicates what the backer will receive for pledging a certain amount of ETH. By making a pledge, a backer receives this award, as well as the equivalent amount of KickCoinsI pledge $20. Creator indicates I get the Black Box Edition. The campaign is successful, I receive the Black Box Edition (cost to backer $15 maybe?) and the equivalent amount of KickCoins ($15). Which is very different from: I pledge $20, the platform gets 4% of $20 and 4% Unstable Unicorns tokens. And I receive 4-8% of $20 worth of KickCoins and 96% of $20 worth of Unstable Unicorns tokens. Which by the way also doesn't add up. Where does that other 0-4% worth of KickCoins come from? That's funded by the growth of other campaign tokens? Damn this is getting complex with each reply. We seriously need dev's answer now. |
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Elkmar
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August 19, 2017, 02:46:31 PM |
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Nice work. For me Bittrex is the most interesting. I'm mainly trading on this exchange and you can use it with coinigy. But the more exchanges, the more volume so that's great if the tokens is directly introduced into these exchanges. |
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Trrrt
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August 19, 2017, 02:57:08 PM |
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That's a very huge list, if you have even half of these exchanges it would be very great for the value of the Coin after the pre sale. Cause a lot of new investors could come after they miss the pre sale, and a lot of theses exachàges has great volume and great visibility on the market ! |
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Kickico Bounty Hunter (OP)
Full Member
Offline
Activity: 350
Merit: 100
KICK ECOSYSTEM - complete fundraising and exchange
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August 19, 2017, 03:23:46 PM |
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We could really use a concrete example. Let's say this one is on KICKICO: https://www.kickstarter.com/projects/ramybadie/unstable-unicornsthe creator indicates what the backer will receive for pledging a certain amount of ETH. By making a pledge, a backer receives this award, as well as the equivalent amount of KickCoinsI pledge $20. Creator indicates I get the Black Box Edition. The campaign is successful, I receive the Black Box Edition (cost to backer $15 maybe?) and the equivalent amount of KickCoins ($15). Which is very different from: I pledge $20, the platform gets 4% of $20 and 4% Unstable Unicorns tokens. And I receive 4-8% of $20 worth of KickCoins and 96% of $20 worth of Unstable Unicorns tokens. Which by the way also doesn't add up. Where does that other 0-4% worth of KickCoins come from? That's funded by the growth of other campaign tokens? For ICO campaigns, the platform fee will be 4% of collected ETH, and 4% of the campaign's tokens. In return, we provide from 4 to 8% of the KickCoins (in effect, selling our KickCoins to the campaign creator in exchange for the fee). Those KickCoins will be given to backers, together with the campaign tokens. For crowdfunding campaigns, we give backers from 4% to 20% of the value of their investment as KickCoins, depending on their reputation on the site (Karma scores). This rate is being taken from exchanges, but will never be less than 0.0005 ETH per KickCoin (1 ETH = 2000 KC).This system ensures that in both ICOs and crowdfunding campaigns, the backer gets cryptocurrency for their contribution. Let's take an example to explain better: a campaign sets a cap to raise 100 ETH. After 100 ETH successfully raised - 96 ETH will go to the creator, 4 ETH will go to the platform as fee. KC will be generated at a price of 1 ETH = 2000 KC (or at the rate of exchange if the price for KC is higher on exchanges). Thus, there will be 8000 KC generated to give backers. So if a backer pledged 1 ETH to the campaign he receives 80 KC as a bonus (2000*4%). |
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robocop3
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August 19, 2017, 03:26:17 PM |
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great project! using block chain to build ICO platform! I will keep on my eyes on this coin!
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niklasmato
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August 19, 2017, 03:47:01 PM |
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Wow that's a big list. Nice going devs. I hope bittrex will be one of the first. The volume and price will rise substantially when you can list it there. |
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FIEX
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August 19, 2017, 03:55:21 PM |
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We could really use a concrete example. Let's say this one is on KICKICO: https://www.kickstarter.com/projects/ramybadie/unstable-unicornsthe creator indicates what the backer will receive for pledging a certain amount of ETH. By making a pledge, a backer receives this award, as well as the equivalent amount of KickCoinsI pledge $20. Creator indicates I get the Black Box Edition. The campaign is successful, I receive the Black Box Edition (cost to backer $15 maybe?) and the equivalent amount of KickCoins ($15). Which is very different from: I pledge $20, the platform gets 4% of $20 and 4% Unstable Unicorns tokens. And I receive 4-8% of $20 worth of KickCoins and 96% of $20 worth of Unstable Unicorns tokens. Which by the way also doesn't add up. Where does that other 0-4% worth of KickCoins come from? That's funded by the growth of other campaign tokens? For ICO campaigns, the platform fee will be 4% of collected ETH, and 4% of the campaign's tokens. In return, we provide from 4 to 8% of the KickCoins (in effect, selling our KickCoins to the campaign creator in exchange for the fee). Those KickCoins will be given to backers, together with the campaign tokens. For crowdfunding campaigns, we give backers from 4% to 20% of the value of their investment as KickCoins, depending on their reputation on the site (Karma scores). This rate is being taken from exchanges, but will never be less than 0.0005 ETH per KickCoin (1 ETH = 2000 KC).This system ensures that in both ICOs and crowdfunding campaigns, the backer gets cryptocurrency for their contribution. Let's take an example to explain better: a campaign sets a cap to raise 100 ETH. After 100 ETH successfully raised - 96 ETH will go to the creator, 4 ETH will go to the platform as fee. KC will be generated at a price of 1 ETH = 2000 KC (or at the rate of exchange if the price for KC is higher on exchanges). Thus, there will be 8000 KC generated to give backers. So if a backer pledged 1 ETH to the campaign he receives 80 KC as a bonus (2000*4%). Thanks for explaining this! It was getting really complexed . 4% fee is very cheap comparing to kickstarter of indiegogo. I really hope this platform will be a success. They got my support. |
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yeswepump
Legendary
Offline
Activity: 1162
Merit: 1011
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August 19, 2017, 04:02:51 PM |
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Interesting Drawing 1 000 000 KC! I think a few people invest more than 10 ETH, say 100 people, the chance is very big to get into the top ten.  that sound a great opportunity for wales. I'm in contact with some of them and I will try to bring them over. Is there some reward for this? |
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