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

[Ackedy]

Hey guys can the number of tokens change in the future?

[kahnchat]

Hey guys can the number of tokens change in the future?

No, it fixed at 80m

[matthewtalbot]

When will we see the project’s wallet? And our tokens in it))

[scifilover]

When will we see the project’s wallet? And our tokens in it))

The wallet will appear in the second quarter of 2018, this is specified in the road map.

[ptbs]

Hey there. If you dont manage to collect 100 million, will you have to refuse to implement some ideas or will you just prolong the timeframes of implementation?

[lok5874]

Transaction in blockchain are very slow, and what’s more important, are really expensive in terms of commissions. Why do creators of the project count that they’ll manage to attract the clients which will be satisfied with such an expensive service of such low quality?

[jager44]

Transaction in blockchain are very slow, and what’s more important, are really expensive in terms of commissions. Why do creators of the project count that they’ll manage to attract the clients which will be satisfied with such an expensive service of such low quality?

The work on the speed of proceeding of transaction is being carried out and there’re some obvious points to be improved. Just to be on the safe side, i’ll remind you that Visa didnt have 1k transaction per second at the early stages. As for commissions, they’ll be extremely low here, this has already been announced.

[lok5874]

Transaction in blockchain are very slow, and what’s more important, are really expensive in terms of commissions. Why do creators of the project count that they’ll manage to attract the clients which will be satisfied with such an expensive service of such low quality?

The work on the speed of proceeding of transaction is being carried out and there’re some obvious points to be improved. Just to be on the safe side, i’ll remind you that Visa didnt have 1k transaction per second at the early stages. As for commissions, they’ll be extremely low here, this has already been announced.

How low will they be?

[kahnchat]

Hey there. If you dont manage to collect 100 million, will you have to refuse to implement some ideas or will you just prolong the timeframes of implementation?

We do not need to have 100 million to implement all apps features. Our soft cap is only $500k, by reaching this soft cap, it will allow us to have all the features developed in 6 - 7 month after the ICO close. Of cause, the more investment we can have the more flexibility we can choose to use in the marketing planning.

[jager44]

Transaction in blockchain are very slow, and what’s more important, are really expensive in terms of commissions. Why do creators of the project count that they’ll manage to attract the clients which will be satisfied with such an expensive service of such low quality?

The work on the speed of proceeding of transaction is being carried out and there’re some obvious points to be improved. Just to be on the safe side, i’ll remind you that Visa didnt have 1k transaction per second at the early stages. As for commissions, they’ll be extremely low here, this has already been announced.

How low will they be?

The WP specifies only 0.6%, and, most likely, this isnt a limit. Moreover, dont forget that this transactions can be made not only in cryptocurrencies, but also in fiat. Such an universality deserves to be paid.

[lok5874]

Transaction in blockchain are very slow, and what’s more important, are really expensive in terms of commissions. Why do creators of the project count that they’ll manage to attract the clients which will be satisfied with such an expensive service of such low quality?

The work on the speed of proceeding of transaction is being carried out and there’re some obvious points to be improved. Just to be on the safe side, i’ll remind you that Visa didnt have 1k transaction per second at the early stages. As for commissions, they’ll be extremely low here, this has already been announced.

How low will they be?

The WP specifies only 0.6%, and, most likely, this isnt a limit. Moreover, dont forget that this transactions can be made not only in cryptocurrencies, but also in fiat. Such an universality deserves to be paid.

By the way, how will the internal transactions be made?

[jager44]

Transaction in blockchain are very slow, and what’s more important, are really expensive in terms of commissions. Why do creators of the project count that they’ll manage to attract the clients which will be satisfied with such an expensive service of such low quality?

The work on the speed of proceeding of transaction is being carried out and there’re some obvious points to be improved. Just to be on the safe side, i’ll remind you that Visa didnt have 1k transaction per second at the early stages. As for commissions, they’ll be extremely low here, this has already been announced.

How low will they be?

The WP specifies only 0.6%, and, most likely, this isnt a limit. Moreover, dont forget that this transactions can be made not only in cryptocurrencies, but also in fiat. Such an universality deserves to be paid.

By the way, how will the internal transactions be made?

If you mean the conversion of the currencies, it’s planned to arrange am internal exchange for this purpose. Obviously, it’ll be possible to convert with its help.

[lok5874]

Transaction in blockchain are very slow, and what’s more important, are really expensive in terms of commissions. Why do creators of the project count that they’ll manage to attract the clients which will be satisfied with such an expensive service of such low quality?

The work on the speed of proceeding of transaction is being carried out and there’re some obvious points to be improved. Just to be on the safe side, i’ll remind you that Visa didnt have 1k transaction per second at the early stages. As for commissions, they’ll be extremely low here, this has already been announced.

How low will they be?

The WP specifies only 0.6%, and, most likely, this isnt a limit. Moreover, dont forget that this transactions can be made not only in cryptocurrencies, but also in fiat. Such an universality deserves to be paid.

By the way, how will the internal transactions be made?

If you mean the conversion of the currencies, it’s planned to arrange am internal exchange for this purpose. Obviously, it’ll be possible to convert with its help.

Having its own exchange platform… Is this expensive? To what extent is it difficult to arrange this in terms of technique?

[kahnchat]

Transaction in blockchain are very slow, and what’s more important, are really expensive in terms of commissions. Why do creators of the project count that they’ll manage to attract the clients which will be satisfied with such an expensive service of such low quality?

The work on the speed of proceeding of transaction is being carried out and there’re some obvious points to be improved. Just to be on the safe side, i’ll remind you that Visa didnt have 1k transaction per second at the early stages. As for commissions, they’ll be extremely low here, this has already been announced.

How low will they be?

The WP specifies only 0.6%, and, most likely, this isnt a limit. Moreover, dont forget that this transactions can be made not only in cryptocurrencies, but also in fiat. Such an universality deserves to be paid.

By the way, how will the internal transactions be made?

If you mean the conversion of the currencies, it’s planned to arrange am internal exchange for this purpose. Obviously, it’ll be possible to convert with its help.

Having its own exchange platform… Is this expensive? To what extent is it difficult to arrange this in terms of technique?

Well, it isn't too expensive to develop the exchange platform. Difficulty? The answer is Yes and No. There is nothing is easy but there is nothing is impossible in the world of programming. This is achievable.

To explain how the exchange work in a none too technical terms, you can think it in this way for the current exchange.
1) The website is the User interface to communicate with the server to retrieve information and display it on screen. KahnChat app is serve the same purpose, it is an user interface to talk to the server, send a request to the server and get the response back to display on the screen.
2) The server installed the different blockchain algorithm and talk to the blockchain network. Receive request from the interface, communicate with the blockchain network and return the result back from the blockchain network then pass it back to the user interface.

The above is not a technical way to explain the entire workflow but more in common language that everyone can understand.

[kahnchat]

Transaction in blockchain are very slow, and what’s more important, are really expensive in terms of commissions. Why do creators of the project count that they’ll manage to attract the clients which will be satisfied with such an expensive service of such low quality?

KahnChat app is different than any other cryptocurrency wallet. Most of the cryptocurrency wallet is only a cryptocurrency wallet, allow the user to send, received or spend their cryptocurrency.

You are right, the network fees for the cryptocurrency for certain coin/token is very expensive but there is still user want to have the option to spend their cryptocurrency.

KahnChat app isn't just a cryptocurrency payment system but it is also a fiat currency payment system. The user who preferred to use fiat currency to spent for purchase can still use the app, the user who preferred to use their cryptocurrency to spent for purchase, they also can use it. KahnChat gives the option to the user. Of cause, not all merchant will accept cryptocurrency as the payment method for purchase due to the slow confirmation but there are merchants will accept cryptocurrency as a payment method.

The user chooses to use KahnChat is not just because KahnChat has the cryptocurrency mobile payment, it is because the user has the option to choose to use fiat or cryptocurrency and KahnChat also other features available for their daily use or business use.

[MadduckUK]

Hey guys can the number of tokens change in the future?

It looks like it cant ‘cause mining wont be used for this purpose. That’s very good!

[_Sergo]

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[rdizza]

Who and when came up with the idea of creation of such an app? Is this person (or these people) in the project’s team now?

[kahnchat]

Who and when came up with the idea of creation of such an app? Is this person (or these people) in the project’s team now?

Both the co-founder Dr. Ulrich Hatje and Mr. David Kan visited China back to early Jan 2017 for a business meeting, surprise that most of the China citizen don't use cash or card for any purchase, they simply pay with their mobile phone. When both return back to Europe, start doing the research on the technology, market potential, competitors analysis, then start planning on what KahnChat can be better than WeChat in China for the rest of the country citizen, how KahnChat can provide better life for every users' of KahnChat. The idea finally born in July 2017 and we start the preparation for crowdfunding.

Both co-founders are on the team. Dr. Ulrich Hatje is specialised in technical and Mr. David is more on business management and marketing.

[gazman]

Where can i get acquainted with the risks of participating in the project? I hope this info wont be concealed in any way.