Democratizing the World of Trading
TOKEN SALE
November 6, 2017 12:00:00 UTC to December 5, 2017 12:00:00 UTC
What we are creating is a coin with the following characteristics:
a) Stability. The price is pegged to the IDXUSD. The volatility of Bitcoin and other cryptos can be very exciting while it’s going up but many analysts agree that something that goes up that fast will have an even faster reversal. Will it go back up later, some will and some won’t. That means people are putting their money into a very volatile asset, in other words a very risky asset. By pegging the price to the IDXUSD, it is giving the coin price movement but not extreme volatility. Meaning there is inherent stability in the coin. This also blocks people’s ability to pump and dump the coin which has been a problem for a number of coins.
b) Security. Kela is backed 100% by real diamonds. Because, unlike even fiat currencies, there is a use for the physical asset itself. Not only are diamonds used in jewelry, they are also used for industrial purposes, in medicine, in food and in energy. This means that even in a worst case scenario of a financial apocalypse worldwide, the diamonds themselves still have value since they can be used and traded. The diamonds will be held in a secure vault (all certificates of the diamonds will be made publicly viewable) so that should something happen, the coins will be redeemable for diamonds. Because the price is pegged to the IDXUSD which is based on the price of diamonds being traded, at no point will the crypto not be fully backed by diamonds, unlike some coins that limit the backing only to a certain price.
Read our white paper here: https://www.kela.io/whitepaper.htmlHow Kela will create value for token holders
Over the past 10 years, diamonds have increased an average of 4% per year. It’s expected that diamond prices overall will increase by an average of 6% per year until 2020. Unlike other gemstones, there is a benchmark price for diamonds making it easier to determine its trading and market value. This then makes diamonds a great hedge against inflation.
Kela Exchange
We propose an exchange built on the blockchain for all tradable financial assets, not just cryptocurrencies.
1) You, the trader, connect directly to our exchange
2) You can then trade stocks, commodities, currencies, etc.
3) Payments are taken directly from your account when you purchase an asset; payments are made directly to your account when you sell an asset. All payments are dealt with in real time and directly between the end accounts.
If you have a business that you want to take public, the requirements and costs for listing your company on an exchange are incredibly high! By connecting traders and companies directly worldwide we reduce all of this. The requirements and fees will be much lower thereby making it easier and more viable for you to take your company public.
Kela Token Sale
The Kela Token Sale will begin on November 6, 2017 12:00:00 UTC and end on December 5, 2017 12:00:00 UTC. There will be a total of 90 Million Kela coins. 85 Million Kela coins will be issued during the token sale while 4 Million will be apportioned to the team and the remaining 1 Million will be set aside for marketing and bounty campaigns. The Kela coins will be valued at 1.2 USD per token. After the sale, the Kela coins will be added to major exchanges allowing members to trade freely and easily.
Token ticker = KELA
Token price = 1.2 USD
Total tokens on sale = 85,000,000
Accepted currencies = ETH, BTC
Fund usage
85% of the money raised from the ICO will be used to buy the diamonds (we can buy at a discount of 15% on average) so they will still be worth the full 100%.
5% will be used to cover the cost of buying diamonds and distribution for the campaign and bounty.
10% will be used in the development of Kela's blockchain infrastructure.
These funds will be distributed as follows:
Developers: 3,060,000 USD
Support: 900,000 USD
Sales: 1,200,000 USD
Admin: 600,000 USD
Office: 300,000 USD
Regulation: 3,500,000 USD
Miscellaneous: 300,000 USD
TEAM
LUDOVIC VUILLIER-CEO Ludovic has over a decade of experience in the financial markets as a consultant and advisor. Ludovic has mostly worked with the sales side of the industry hiring, training and managing sales teams and call centers. As an advisor to companies, Ludovic has helped management teams improve their work with their sales teams thereby increasing their revenue while helping them negotiate better deals with their suppliers and partners. In the past year, more focus has been given to the operational side of the industry for the purpose of integrating and operating the tradable diamond index (IDXUSD) worldwide.
https://fr.linkedin.com/in/ludovicvuillierJORGE SEBASTIAO-CTOJorge is an International ICT speaker. Seasoned managed services, cloud computing, cyber security, blockchain, big data, IoT and ICT innovation professional focused on business value; brings experience, creativity, structure, motivation, & agility. Over 30 years of ICT experience, covering, managed services, cyber security, innovation, architecture as well as risk management, compliance, auditing, certification, business continuity, & disaster recovery. Served sectors include Telecom, Oil & Gas, Financial , Government, Defense, HealthCare, & Education. Created the process A6 of security: Assess, Architect, Apply, Administer, Awareness & Agility. He architects practical & business focused solutions using standards & industry best practices.
https://ae.linkedin.com/in/sebastiao Talk to us and follow our conversations on:
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