⭐[ANN][ICO]⭐⭐⭐⭐KahnChat Mobile Payment and Social Networking Crowdsale Live Now

[Shaurman]

As i understand it, KC wallet is able to work both with fiat and cryptocurrency. Will there be an option of exchange within the wallet implemented?

[spyQQgood]

Does the project cooperate with anyone in order to ensure the withdrawal of the funds, let say, with the help of publicly available ATMs?

[bitmonica]

the app seems very useful and convenient. In sending money, will the sender be notified if the money was received already?

[kahnchat]

Will users be able to give each other just cosmetic items, or among them will be those, that are really able to improve a unicorn’s quality?

Yes

There is a feature in KahnChat where the user can utilize it.

Example:
User A set up a 'Packet Grab' event, set the maximum amount of $xxxx. Set the maximum per reward per click. Set the rules to give or not to give same person who had received the reward.
User A share the link to his friends or family or members
Any KahnChat user received the links can click it, a random reward of $xxx will be awarded to the person who clicked the link.

This feature can be used for many reasons:
1) Some culture want to give 'Packet money' to their family during the New Year, User A can use this for the purpose
2) Some Group owner want to promote their group to increase the level of members, he can use this feature to encourage people to sign up to his group
3) Some merchant want to increase their awareness, instead of dumping hundred thousand in print ad or online ad, the merchant can use this to encourage people who scan the Merchat QR code and follow the merchant.
4) Many activities can use this feature.

[kahnchat]

As i understand it, KC wallet is able to work both with fiat and cryptocurrency. Will there be an option of exchange within the wallet implemented?

Kahnchat cryptocurrency wallet will support BTC, ETH, LTC, DASH, BCH and KCH. In fact, KahnChat is a mini exchange on itself so the user can buy and sell their cryptocurrency to other KahnChat user within the app.

[kahnchat]

Does the project cooperate with anyone in order to ensure the withdrawal of the funds, let say, with the help of publicly available ATMs?

The objective of KahnChat payment is to achieve a cardless and cashless world.

The user can use their account balance to buy anything from any shop, pay for any service to any service provider who is also Kahnchat user. In this case, the user doesn't need to have the fund withdraw to cash.

But, we do understand the aim will not happen in overnight, only when more users or merchant start using KahnChat, thus the user can also make withdrawals from their KahnChat account balance to their bank account via SWIFT or IBAN, once the user received fund to their bank account, they can use their bank ATM card to withdraw from any ATM machine.

[kahnchat]

the app seems very useful and convenient. In sending money, will the sender be notified if the money was received already?

For Fiat currency spending, the receiver will receive a push notification when fund arrived, it is almost instant confirmation due to the fund is actually an internal fund transfer from one KahnChat account to another KahnChat account. (unless the receiver does not have internet connection).

For cryptocurrency spending, the receiver will receive a push notification when the network confirmed the transaction, this will rely on the selected cryptocurrency blockchain network. if the selected cryptocurrency blockchain in huge congestion, the notification might not instantly, this is the limitation of the blockchain technology.

[notbad4day]

They say that the project’s gonna create its own exchange… What will it be possible to convert there? What currencies?

[kahnchat]

They say that the project’s gonna create its own exchange… What will it be possible to convert there? What currencies?

KahnChat in fact is a mini exchange, not like the other exchange support buy and sell to many currencies.

KahnChat users can buy and sell the supported cryptocurrency by KahnChat within the app to other KahnChat user in USD.

Example:
BTC/USD, ETH/USD, LTC/USD, DASH/USD, BCH/USD and KCH/USD

KahnChat do not provide other currency support like
BTC/ETH, LTC/BTC, DASH/BTC.... etc

The user who wants to buy the cryptocurrency can browse from the KahnChat mini exchange and use their account balance to buy from the other user who want to sell their cryptocurrency.

The user who sells their cryptocurrency in the mini exchange will receive the fund transfer to their account balance when other KahnChat user buy their cryptocurrency.

[stil55]

Will it be possible to make payments using the app? For example, to transfer them to banks in order to pay for services?

As long as the user's bank accept payment from SWIFT or IBAN, the user can make withdraw of his/her account balance to their bank account, then use the fund to pay for service that cannot accept KahnChat payment.

if the service provider also using KahnChat app, you can simply make a payment to the service in KahnChat account balance without withdraw the fund to the bank.

The user can make fund transfer to any user who has KahnChat app.

Let's look at an example below for how KahnChat payment workflow:


Example 1: Making payment
(Assuming you have account balance in KahnChat, User B also have KahnChat account)

User A = You
User B = Seller (Furniture seller, office supplier, cleaning service supplier etc)

User A --->Make Payment--> User B with his/her account balance
User B --->Received Payment--> from User A and supply the service
(In this example, User A do not need to withdraw his/her fund to his/her bank to make payment)

KahnChat is really promising project.Strong team Combination.This is a completely social networking solution and chatting app through which you can connect with friends and family members, send text messages, files and more. Where i can observe the fees, and you already have a prototype of your offer to the market so that you can evaluate it.

[kahnchat]

Will it be possible to make payments using the app? For example, to transfer them to banks in order to pay for services?

As long as the user's bank accept payment from SWIFT or IBAN, the user can make withdraw of his/her account balance to their bank account, then use the fund to pay for service that cannot accept KahnChat payment.

if the service provider also using KahnChat app, you can simply make a payment to the service in KahnChat account balance without withdraw the fund to the bank.

The user can make fund transfer to any user who has KahnChat app.

Let's look at an example below for how KahnChat payment workflow:


Example 1: Making payment
(Assuming you have account balance in KahnChat, User B also have KahnChat account)

User A = You
User B = Seller (Furniture seller, office supplier, cleaning service supplier etc)

User A --->Make Payment--> User B with his/her account balance
User B --->Received Payment--> from User A and supply the service
(In this example, User A do not need to withdraw his/her fund to his/her bank to make payment)

KahnChat is really promising project.Strong team Combination.This is a completely social networking solution and chatting app through which you can connect with friends and family members, send text messages, files and more. Where i can observe the fees, and you already have a prototype of your offer to the market so that you can evaluate it.

Our soft cap and currently accumulated investment received from Credit Card, ETH and BTC is on our main website www.kahnchat.com

The development was started. It is impossible to have all features completed within a month or two but within 6 - 7 months after the ICO closed, all these features will be available to our user. The beta version is scheduled and aim to release in the mid Q2 this year, so not long to wait to see the beta version. The beta version will first have the social networking features on and more upgrade will be released soon along with the development.

[kahnchat]

I saw and saw your project appointment. I tick to follow your every step. Thank,

Thank you, you can always ask us questions if you have any doubt.

[_Sergo]

What’s the soft cap goal?

Good afternoon! The capitalization objective is $0.5 million.

It's good to know that you set 500,000 dollars as your minimum goal funding for it to consider your project as a successful one. But, can I ask how much per token.

When we initial design the plan back to July 2017, we set our soft cap target at $500,000 USD based on the ETH price at that time is $370 p/ETH, so our initial plan is to have 1370 ETH to achieved our soft cap but the ETH price today is up to $830 p/ETH, so we do not need 1370 ETH to achieve our soft cap goal anymore.

Initial plan 1 KCH = 0.002 ETH @ $370 = $0.74

If the ETH price maintains or goes further up, the number of ETH we needed to achieved the soft cap is lesser.

The current 1 KCH = 0.002 ETH @ $830/ETH = $1.66

Due to the ETH price goes up, we increase the EXTRA bonuses to the buyer from our initial plan so the buyers will receive more KCH tokens compare to our initial plan at the same ETH price to contra the ETH price up.

  из этoгo cooбщeния мoжнo cдeлaть вывoд, чтo  coфт кaп бyдeт cчитaтьcя в дoллapax,  т. e пpи пaдeнии эфиpa, нaдo eгo coбpaть бoльшe,   пpи pocтe мeньшe, вepнo?

[kahnchat]

What’s the soft cap goal?

Good afternoon! The capitalization objective is $0.5 million.

It's good to know that you set 500,000 dollars as your minimum goal funding for it to consider your project as a successful one. But, can I ask how much per token.

When we initial design the plan back to July 2017, we set our soft cap target at $500,000 USD based on the ETH price at that time is $370 p/ETH, so our initial plan is to have 1370 ETH to achieved our soft cap but the ETH price today is up to $830 p/ETH, so we do not need 1370 ETH to achieve our soft cap goal anymore.

Initial plan 1 KCH = 0.002 ETH @ $370 = $0.74

If the ETH price maintains or goes further up, the number of ETH we needed to achieved the soft cap is lesser.

The current 1 KCH = 0.002 ETH @ $830/ETH = $1.66

Due to the ETH price goes up, we increase the EXTRA bonuses to the buyer from our initial plan so the buyers will receive more KCH tokens compare to our initial plan at the same ETH price to contra the ETH price up.

  из этoгo cooбщeния мoжнo cдeлaть вывoд, чтo  coфт кaп бyдeт cчитaтьcя в дoллapax,  т. e пpи пaдeнии эфиpa, нaдo eгo coбpaть бoльшe,   пpи pocтe мeньшe, вepнo?

Yes, you understood it correct. The target is $500,000 in USD dollars not base on the number of ETH.

[kahnchat]

May I pay for my bills with KCH, or I have to exchange it? For example, if I am a student and my mom sends me KCH...



This is what KahnChat app aims for the cashless and cardless world. Once the KahnChat app has more user based, there are more merchants will accept KCH but it also depends on the country, some country do not allow cryptocurrency use at all mean.

[DimNik]

The project is excellent, the analogue WeChat is only better

[deort]

What part of the fees will be given to the developers as a reward?

[dayasinfo]

What part of the fees will be given to the developers as a reward?

The partners and the team will receive 4 million tokens. It's only 5% of the total number.

[_Sergo]

What part of the fees will be given to the developers as a reward?

read in white paper all written, you mean the team? the kanchan token will have an applied value unlike many others, which gives him an indisputable advantage.

[lenyas]

I really liked it. I will follow this topic!!!