FAQ

General questions

KICKICO is a fundraising platform for various projects including the business sphere, which allows you to launch a variety of fundraising campaigns such as: ICO, preICO, crowdfunding and crowdinvesting campaigns. At the platform's first launch stage, the funds are accepted in BTC and ETH crypto-currencies. Soon, other crypto-currencies and fiat money (USD, EUR, etc.) will be accepted. The funds are transferred to the authors in the ETH crypto currency, so author can be anywhere in the world - the platform does not have citizenship requirements except for one: the campaign should not be contrary to the jurisdiction legislation in the country author has citizenship in. Thus, the author himself can choose which country to incorporate his campaign in and pay taxes, allowing him to optimize them. The fact differentiating KICKICO from other platforms is the ability of money transfers to be proceeded from any place of the world obtaining Internet connection. In this regard, KICKICO is available to any country residents including Asian region.

Anyone can create a campaign and no special technical knowledge is required for this: just create a text description, create a campaign page and set its parameters. In case user needs his own crypto currency or other tokens, he can create it in the required amount directly on the platform with a simple and intuitive interface, just in few steps. Then user can create discounts and rewards system, as well as what and how much backer will receive after the purchase. The campaign can be launched by the author at any convenient time after the moderators’ approval.

The key feature of the platform is its own crypto currency - KickCoins. KickCoins are awarded to investors and backers financially participating in the campaigns launched on the platform. Moreover, if this is an ICO-campaign, investors participating in it receive two crypto-currencies for the same money: the campaign's crypto currency and KickCoins. If campaign is crowdfunding, the backers receive in exchange for their money not empty promises, as on other platforms, but firstly they receive KickCoins, and in addition to them, the promises of the authors. If a backer's campaign does not fulfil its promises (the game is not published, the film is not taken down, etc.), then the backers participating in it are always able to sell KickCoins on the markets, even with a profit in some cases.

KICKONOMY is an ecosystem formed by campaigns accepting KickCoins for payment. Anyone can become a participant: a game with purchases or even copies are sold in KickCoins; A service with a purchases ability in KickCoins; Even a cafe where you can have dinner by paying KickCoins. Authors of platform-launched campaigns that commit to accept KickCoins receive special support from the platform in the form of priority placement in the FEATURED widget, mailing lists participation and platform digests *. In addition, KICKONOMY participants will gain more loyalty from investors or backers: with each new project advent in the ecosystem, KickCoins will become more popular and demanded, which increases liquidity and, consequently, its price.

KICKICO is very convenient, fast and so simple that even a child could launch his campaign in ten minutes. This is the most accessible and democratic platform in the world, destroying barriers between countries and people, relieving its users of bureaucracy and restrictions imposed by obsolete, stagnant legislative systems. KICKICO is the freedom to create our present and future ourselves, right here and now.

KICKICO.com is built on the basis of crypto currency using Ethereum-based smart-contracts.This allows it to remove intermediaries in terms of fundraising (banks, payment systems and other regulators) and open borders for the whole world.

ICO, or Initial Coin Offering is a mechanism for raising funds, under the terms of which future crypto currency is sold for liquid virtual money. You invest bitcoin or ether in ICO, and in return receive tokens of the new project. This is another realization of the crowdfunding model. The participants finance the company's development now in order to obtain from it some benefit in the future.

Pre-ICO - stage before ICO (main stage), fundraising for the project. Pre-ICO is conducted to test and verify the demand for the project, get support from the community and expand the budget for marketing before the main ICO. Not all projects carry out pre-ICO.

This is a mechanism for attracting finance from the masses with the aim of selling the product, holding events, supporting businesses, etc. There are 3 models of Crowdfunding according to the type of sponsor rewards: No reward (donations), Non-financial reward (Kickstarter model), Financial reward (Crowdinvesting). Crowdinvesting is divided into the Royalty model, People's lending and Joint crowdfunding.

This is an alternative financial tool for attracting capital to start-ups and small businesses from a wide range of micro-investors. Investors receive a share in the share capital of the company and the risk of loss of investment. However, the size of the possible profit isn’t fixed.

Blockchain is a distributed database that doesn’t have storage devices connected to a shared server. This database stores an ever-growing list of ordered records, called blocks. Each block contains a timestamp and a link to the previous block.

Read more in Wikipedia

This is a program code that allows you to automatically perform certain functions when certain conditions occur. To implement smart-contracts, a decentralized environment is required that completely excludes the human factor. To use the transfer of value in a smart-contract, it requires a cryptocurrency.

Read more in Wikipedia

These are monetary units (also known as "coins" or "tokens") protected by cryptographic technology. There is no physical analogue to these monetary units, they exist only in virtual space. Tokens are protected from forgery, because they represent encrypted information that can not be copied (the use of cryptography defined the prefix "crypto" in the title).

More in Wikipedia

We are no better or worse, we are different. Soon you will be able to create and launch your campaign on our platform, created on Waves blockchain. We will happily use the opportunities of Waves with you, if you will choose their blockchain. Moreover, in the future, we will integrate with all the main blockchains and you will choose on which of them to create your business.

Questions about pre-ICO and ICO platform KICKICO

ICO KICKICO will be held on the KICKICO platform itself, go to this link, click to participate and follow the instructions.

pre-ICO campaign will start on the 28th of July,Moscow time (GMT +3) and will end on August 14 at 23:59 (GMT +3).

ICO campaign will start on August 29, Moscow time (GMT +3) and end on September 29 at 23:59 (GMT +3).

600,000,000 KickCoin will be sold during the KICKICO ICO.

 

Pool Amount of KC Frozen until
preICO 30 000 000 7 oct 2017, 12:00 Moscow time
ICO 600 000 000 15 oct 2017, 12:00 Moscow time
Founders pool 100 000 000 1 jan 2018, 12:00 Moscow time
Advisory pool 10 000 000 7 oct 2017, 12:00 Moscow time
Bounty pool 25 000 000 1 nov 2017, 12:00 Moscow time
Lottery pool 2 000 000 1 dec 2017, 12:00 Moscow time
Seed investors pool 20 000 000 29 sept 2017, 12:00 Moscow time
PR pool 23 000 000 14 dec 2017, 12:00 Moscow time
Total 800 000 000 l

 

The price for the ICO period is set at 1 ETH = 3000 KC. However, it is possible to participate in pre-ICO from July 28, 2017 and buy KickCoin at an even better price 1 ETH = 6000 KC.

KickCoin is an Ethereum-based ERC20 token. Token holders can easily store and manage their KickCoins using existing Ethereum clients, including the official Ethereum wallet, Mist, Parity, MyEtherWallet.com.

No, since the KickCoin tokens are released on the Ethereum blockchain, you will need an Ethereum address to get and store KickCoins. You can use the following Ethereum wallets: Ethereum wallet, Mist, MyEtherWallet.com or other wallets in which you have access to your private keys. Don’t send the Ethereum to participate in ICO from the accounts of exchanges !!! You don’t have access to your private keys on accounts of crypto-exchanges, so you won’t have access to KickCoin!

No, US citizens can’t participate in the sale of KickCoin in connection with US law. You can participate in KickICO ICO if you are not a US citizen or don’t reside permanently in the United States, or you don’t have a permanent residence in countries such as Puerto Rico, the Virgin Islands, and other territories under the United States Control.

KickCoins are sent automatically through the smart-contract of the Ethereum. Smart-contract KickCoin is placed on GitHub in the open access and is accessible to all for audit.

The KICKICO team is international, our team members and advisers are located all over the world. The head office is currently located in Moscow.

We have already contacted the main crypto exchanges to include KickCoin in the trades. Tokens will be released on the Ethereum (ERC20) blockchain, and will be available for transfers and trading almost immediately after the ICO.

There is no difference between them. KickCoin, bought during pre-ICO and ICO are exactly the same. The difference is only in the purchase price. During pre-ICO, you can purchase KickCoin at a discount of 66-80%, and during ICO - with a discount of 10% to 30%.

The minimum amount for funds isn’t set. Any amount will be considered as successful. The launch of the KICKICO platform will take place in September-October 2017.

New KickCoins will be created on the network thanks to the rewards for supporting projects. Each baker will receive a certain amount,by supporting successful projects. This is the motivation for each of the parties - backers better understand the projects, and the authors are even more focused on the successful outcome.

The minimum goal of pre-ICO is 2000 ETH. The maximum limit is 5000 ETH. We have fixed these amounts because we won’t be enough if there is less, but we don’t need more at this stage.

The goal of the ICO campaign is 70,000 ETH, the maximum limit (hard cap) is 200,000 ETH.

We are doing a great job. We are faced with the task of changing the whole industry of crowdfunding and ICO, transforming it into something biggest. We have to compete with the grounds for crowdfunding 1.0 - obsolete, but having a large audience and spent years building the community and making connections. We are well aware that this fight won't be easy and if we didn’t have the resources, it would hardly be possible. However, the popularity of ICO gives us the opportunity to raise enough funds to compete for the market and take the lead on it. Therefore, we organize the crowdsales, at the expense of which not only we will collect the necessary money, but also attract the attention of the press and create our community, which will support this confrontation.

The distribution of funds received by the platform during the pre-ICO and ICO campaigns will almost completely be used for further development of the platform. The development plan for KICKICO includes not only the further development of the platform itself, but also the marketing of campaigns launched on the platform and the creation of the crowdfunding 2.0 economy, which will replace the outdated model on which modern crowdfunding platforms are working.

The preliminary distribution of funds is as follows:

  • 8% is allocated to the company's activities, hiring new employees and associated development costs;
  • 10% payment for PR services, carried out on pre-ICO, ICO and stages releasing;
  • 7% return on investment invested by investors in the company at the seed stage
  • 43% marketing and PR platform and individual projects
  • 20% formation of infrastructure for the development of crowdfunding 2.0 and backers community;
  • 5% legal costs and other bureaucratic costs;
  • 5% repayment of borrowed funds used to create the platform
  • 3% bonuses to founders and employees of the platform

 

It should be understood that the distribution depends on the amounts that will be raised during pre-ICO and ICO. In the case of extremely low or extremely high fees, the figures will be changed and all participants of the crowdsale will be notified about the final distribution.

Hidden cap is the limit that the authors of ICO campaigns set, but which is not registered in a smart contract and, therefore, is not known to campaign participants. The purpose of hidden cap is to add to the ICO campaign a small intrigue and a game element that makes it more interesting and exciting, moreover it can significantly increase the fundraising of the ICO campaign.

There are two options for earning a KC: fast and long. A quick option is a variant of ICO-players who buy cryptocurrency at the lowest price and, if possible, sell it with the maximum benefit. Once the cryptocurrency starts trading on the exchange, they sell it, with the possibility of multiplying their funds several times. There is a long option when the buyer of KickCoins is in no hurry and is investing for a long time, but for a much greater benefit. We believe that a "quick option" will yield from x2 to x5. The long version will depend on how many projects will join the KICKONOMY ecosystem, the participants of which will accept KickCoins for payment.

Economic system

KickCoin are not stocks, goods or investments. KickCoin is a cryptocurrency that will be received by those users who will support campaigns launched on the platform. Until then, they can be bought during the pre-ICO campaign, which starts on July 28, and ICO, which starts on August 29th. After that you will not be able to buy KickCoins from us, but you can buy them on the market, after their placement.

KickCoin is created by a smart contract KICKICO at the time when it receives funds (ether). In case the campaign successfully completes the fundraising, KickCoin is credited to all the backers participating in the campaign.

KickCoin can only be purchased in two ways: on the crypto exchange, or by supporting a campaign that collects funds on the platform. In this case, you will do a good job by supporting the campaign's author, and get KickCoins (when the campaign ends successfully).

Like any other currency, KickCoin can be sold on exchanges and markets.

KC tokens are generated and controlled by a smart contract. KC tokens will stored by founders in a cold storage and secured by MultiSig.

Your KC tokens will be kept by you, on your personal Ethereum wallet

You can register on KICKICO.com, but this isn’t necessary for now. ICO will be held from August 29.

KICKONOMY is a network of projects that are linked by common currency - KickCoin. First the network will be created by us, then more and more third-party projects using KickCoin will appear. It all begins with a key project-KICKICO.COM. Then it will be supported by the games of DAO Poker, THE COLONY, Magisters of Magic, Star Lord, and others. Each subsequent project, which is part of the ecosystem of KICKONOMY, will increase the demand for KickCoin, as it will be possible to buy special, unique products at especially favorable prices. The more projects that host KickCoin, the greater the liquidity of our cryptocurrency. The more liquid the currency, the higher its price on the markets and exchanges.

Participants of KICKONOMY will receive bonuses from the platform, such as "special placement", additional widgets on the site, platform support and the ability to create exclusive products and services for users after fundraising.

Advantages of KICKICO

By placing your project on KICKICO, you immediately solve several issues related to raising funds for your project. Receiving funds in crypto-currencies allows you to accept funds from around the world without intermediaries in the form of banks and payment systems. The costs of marketing, PR and community building are significantly reduced by the presence of an ever-growing audience.

The KICKICO platform accepts any projects that are not related to illegal activities.

Anyone can post a project on the platform without special technical knowledge: just create a text description, complete the campaign page and set its parameters.

No! Any user can create and configure a smart-contract in a convenient, flexible and understandable Token Designer. The smart-contract will be automatically uploaded to the Ethereum blockchain when the campaign starts, and the tokens generated by this smart contract will be distributed among the backers of this project in accordance with the author's settings and their monetary contribution to the campaign.

The platform verifies: the author's reality (KYC), the availability of the project, the availability of the team, the stage of project readiness. Depending on what was revealed as a result of the audit and the quality of the preparation of the campaign, it can be admitted to the start. Each campaign can receive additional designations, warning users about the risk or vice versa, showing reliability. For example: "There is a prototype!" Or "Proven team", show that this is a reliable company that has something to declare.

At the moment, fundraising can take place in ETH and BTC.

No, platform administrators don’t have any access to funds. Project authors fully manage their funds.

The funds become available immediately after the fundraising is over.

If a user needs his own crypto or other tokens, he can create it in the right amount directly on the platform with a simple and intuitive interface, in just a few steps.

Yes, of course you can place projects already posted on other sites, as well as projects that have already collected funds previously through other services.

General questions about platform operations

Registration is necessary in order to be able to create, view and comment campaigns on the platform, and also for many other social opportunities.

Sometimes it happens that letters for different reasons (not depending on us) can go for a very long time, or not come at all. If this happens, then the letter can come later, within an hour. In addition, please check the spam folder and if our email was there, be sure to notify us at [email protected]!

If you are an author, then it is necessary for you to receive the collected funds, as they are transferred to the authors in the ETH. If you are a baker, then it is you will receive KickCoins on this wallet.

If you are going to support campaigns on the platform with bitcoins, then you won’t get KickCoins if you don’t specify your wallet, since payment can not be associated with you. BTC wallet, from which you will pay,can be specified in your profile settings or just before payment.

Now the moderators are not considered. Later, it will be possible to vote for those who have already gained a good reputation on the platform and have offered their candidatures for moderators. If you actively participate in the life of the platform, have supported a sufficient number of campaigns and your reputation is high, then you can apply for the role of a moderator.

Crowdfunding

This is the usual crowdfunding campaign, the authors of which create a description and promise rewards for support. The authors pay the platform a 4% commission from fundraising. In contrast to other platforms, bakers of fundraising campaigns get a cashback of 8% in KickCoins from the platform. Moreover, the most interesting campaigns received the status "featured" , receive an increased generation of KickCoins, 20% instead of 8%. Thus, backers receive an additional incentive to participate in these campaigns, and the authors are encouraged to create better and more developed campaigns.

pre-ICO and ICO

ICO = Initial Coin Offering. These campaigns necessarily have their own cryptocurrency (token), which are received by those who supported them financially, in addition to the KickCoins, which reward the participants of the campaigns platform. Commission platform for the launch of ICO or pre-ICO on the platform - 4% of fees and 4% in the campaign tokens. 8% of KickCoins are generated for the commission received and only for the successful completion of the campaign (thus, KickCoins are secured not only by the success of the campaign and the author's' work, but also by real money and tokens of this campaign - in fact, by 4% + 4%, KICKICO sells its currency, KickCoins). These 8% are distributed among the participants in the ICO campaign in accordance with their payments.

Crowdinvesting

Unlike ICO, the tokens of the crowdinvesting campaign are limited to a predetermined number and can not exceed 100%. 100% of tokens = represent 100% of the company. The author himself decides what percentage of the company he wants to sell (for example, 40%) and for how much. Later, 40% will be distributed among those who bought these tokens,when making a profit, in accordance with their shares. Members of crowdinvesting campaigns also receive KickCoins.

All-Or-Nothing

In case the campaign doesn’t reach the established goal, it is canceled and all payments are returned to the backers. KickCoins and tokens of this campaign (if they are) aren't distributed in this case.

Safe

These campaigns will end successfully,in any case, even if they do not reach the established goal. KickCoins and project tokens (if they were created) will be sent out to the backers. Since this imposes an increased risk, it will be more difficult for such campaigns to undergo moderation in connection with higher requirements to the quality of the project and the availability of a minimum operating product.

It's very easy to create a new company: register on the site, confirm your e-mail and click the "Create campaign" button. In the case of a login through the social network, confirmation of the email is not required.

Once your campaign is completed (or ready to be shown to the public), you can send it to the moderation. When sending, there are two options: to make a public draft or check for launch. If the campaign is sufficiently described and meets the requirements of the platform, it will be approved by the platform moderators.

A draft is a campaign that hasn’t been moderated yet and is visible only to the author who created it. He can customize and edit it, delete it, or send it for moderation. After the successful passage of the moderation, the campaign doesn’t start automatically (author action is required).

This is a draft that is seen not only by authors or those who have a secret link, but all visitors to the site. Public drafts are posted on the platform, as are active campaigns, and platform users can subscribe to their updates, share social networks, and comment.

Payments

In order to support any campaign, you must be registered on the platform. After that, you can choose the desired payment (reward tier) and click on it. The platform will generate a unique address to which you will send the amount of ETH corresponding to the chosen payment from any place and in any desired way. When you receive the appropriate amount, this unique address will link the payment to your profile, and the campaign's smart contract lists the appropriate amount of KickCoin (and other tokens if this is an ICO campaign).

KickCoin is credited to your Ethereum wallet, similar to all other tokens. In order to see how many KickCoin you have available, go to your wallet and see all the tokens tied to it. KickCoin marker - KC. If you didn’t find KC, then either they haven’t been launched yet, or the token display hasn’t been added to your wallet.

Yes, KC is stored on your own Ethereum wallet. You can store your KC, and also manage them,accept and translate by using Ether wallet. For example, myetherwallet.com, Ethereum Wallet, Mist.

In order to add a token, you need to specify the address of the smart contract from which they were accrued to you, and specify: name = KC, decimals = 8.

Participation in crowdsales

Crowdsale is any ICO, pre-ICO, or crowdinvesting campaign. Historically, a crowdfunding campaign is not considered as crowdsale.

In order to participate in the crowdsale on the platform, at the time of writing this paragraph, you need to have an ETH cryptocurrency. Now we are already working on taking not only ether, but also other cryptocurrencies and fiat money. However, due to the fact that we are doing everything legally and safely for all participants of the platform, the reception of fiat money won’t be realized immediately, but only after an optimal legal scheme has been worked out.

In order to buy the ethereum, you must first create a wallet. The most common way is www.myetherwallet.com and we recommend using this method of creating and managing your wallet.

 

  1. Go to www.myetherwallet.com, set the password and click Create New Wallet. IMPORTANT: think up a password that you will not forget - it will be impossible to restore it! Write it down and keep it in a safe place. If it is a question of large sums, instructions on access can be stored in a banking cell.
  2. In the next step, you will need to keep your secret key encrypted. This is the same as the key to the safe, but in electronic form. Its presence + password is one of the ways to gain access to your wallet and funds, which are on blockchain. Click "Download Keystore File" and save it on your device. Keep this file in a safe place, preferably on an offline medium, and make a backup copy;
  3. Click ”I Understand. Continue”;
  4. At this stage you will be given your private key in an unencrypted form. This means that having it, any attacker can get access to your wallet. Therefore, it is recommended to print this key and store it in a safe place (for example, a banking cell). Then click "Save Your Address";
  5. The final step is to find out your wallet address. For this you can:
    1. Select the option "Keystore File (UTC / JSON)", specify the path to the encrypted file (from step 2) and enter the password invented in step 1. If everything is correct, you will be on the screen of your wallet, you will see its address and balance.
    2. Select Private Key. Here you will have to enter your unencrypted private address and password will not be required. This is a dangerous and unprotected way, the use of which we do not recommend! This key must be stored in a secure offline store and used only as a last resort.

 

After you have a wallet, to buy ether on exchanges and markets you just need to specify its number and make a purchase (on each site its own way). The ether will be transferred there.

The best course is usually on stock exchanges, for example www.exmo.me or www.coinbase.com (has its own mobile wallet for buying / selling bitcoins and ether). There are many other exchangers, but if you haven’t worked with them before, carefully read the reviews about them, so as not to get to phishing sites.

Technical questions

Contracts will be created with us, in a special wizard, you don’t need to do anything. You get it after its creation, save the key and only you will have access to manage it. Later, you can create your own contract, create tokens and come to us. In this case,you can distribute them through us .

There are two ways. One simple, the second more complicated. Depending on what exactly you need in the project, you can choose one of them.

 

  1. You create a smart-contract that accepts KickCoins. Each time, when taking KickCoin from a specific wallet address, the smart-contract sends this address to your project (game, store, etc.). Next, it checks who owns this address and receives the goods purchased by him for KickCoin (game currency, product copy, T-shirt, etc.). Simultaneously, a smart-contract sends KickCoin to your company's wallet.
  2. This method is more complex and suits you if you want to not just take KickCoin and sell products for them, but want to make a KickCoin turn in your project. For example, if this is a game, then your players can create a real economy in it, buy and sell goods for KickCoin and thus earn real money in the game. In order to realize this, you can create unique KickCoin wallets for your players, which players can replenish and then use their usual accounts within your project. Alternatively, if you need total control over the accounts of your users, then you accept KickCoin for a smart-contract, and users within the project receive a copy of the cryptocurrency. In this case, you can define all actions performed by your users. The downside of this implementation is that users will have to transfer KickCoins to their personal wallet outside of your product,to use their KickCoin somewhere else.

 

Legal questions

Registration of KICKICO and KICKICO ICO is planned in Singapore. We closely follow the legislative regulation of ICO in the world and our task is to make ICO on our platform in legal way

The question isn’t quite right, since the SEC decision about "The DAO" from 25/07/17 and the clarification of MAS on the issue of ICO regulation from 01/08/17 don’t qualify all ICOs as a valuable papers.

Both documents explain that a token can be qualified as a valuable paper if the issue and sale of crypto tokens occurs in exchange for promises of a share in the company and/or the receipt of dividends and/or other such obligation.

According to the explanations of MAS from 01/08/17 "The types of digital tokens offered in Singapore and other countries vary widely. Some offers of tokens may fall under the regulation of the Securities and Futures Act (SFA), while others may not fall. "

These clarifications by the SEC and MAS don’t affect the development strategy of our crowdfunding project, as we initially assumed that the release and sale of crypto tokens in exchange for promises of a share in the company or dividends in many countries falls under the regulation of securities legislation and will have to be registered by the relevant way. The decisions of the SEC and MAS only confirm our vision.

In all countries in different ways. It can be a means of payment, a digital asset, a foreign currency, and even a service. Therefore, you should decide in advance independently in which jurisdiction you want to incorporate. And after that to study relations of tax authorities and cryptocurrencies already in this country.

Frequently asked questions from authors.

We do everything - pre-ICO, ICO, crowdfunding,crowdinvesting.

Pre-ICO and ICO sells cryptocurrency. Crowdinvesting - tokens on the blockchain, which give a share in the company or profit of the company. Crowdfunding doesn’t give any author tokens, but gives rewards and bonuses. And in all cases KICKICO additionally charges users by KickCoins.

8% of their payment at the rate of 1 ETH = 2000 KC (or less if the exchange rate is higher). If the backer supports the campaign for 1 ETH, he will receive 2000 * 0.08 = 160 KC.

It depends on the type of campaign and what the author suggests. For example, Kickstarter is paid for the product itself, even without any coins. On KICKICO much more opportunities, besides KickCoins are always given to the backers. Read the detailed answer to this question in the article «Authors vs KickCoins»

There is no answer to this question. From a couple of minutes to a month (or unsuccessfully). It all depends on what kind of project it is, who the author is, how the material is provided, what kind of economy it is and how it is advertised(PR).

We have our own investors who follow our site and monitor promising projects. However, there are no guarantees that they may be interested in your project, this can’t be expected.

Now it’s free. In the future, we’ll try to adhere to the same rule. But we translate only those campaigns that we like. Later we’ll have an automated system of user content, where the users of the platform will help the authors translate their texts, improve them, make artworks and so on for a fee in KickCoins.

This means taking them as payment, giving by them unique content, opportunities, offers, or substantial discounts. By taking KickCoins, you’ll get a lot of support from the users of the platform, you’ll be able to attract investors for free, and much more.

Money is controlled by a smart contract, in which the author's wallet is initially contributed, to which the collected funds are sent after the end of the campaign. KICKICO can only:

 

  1. pre-end the campaign (successfully) and cancel the campaign.
  2. money is returned to all investors in their wallets, automatically.

 

To run the project on the platform, you will need copies of the passports of the founders and the general director of the company, bank statements confirming the fact of their existence. If you are a private person, then your scan and bank statement.

Exchanges

Yes, it will be possible to sell them as well as other cryptocurrencies, by trading on the exchange.

We have some agreements with large stock exchanges. It's too early to talk with which ones. Because we plan to enter the stock exchanges in early October. We will carefully select the platforms.

Concerning the sale of KC: for pre-ICO participants a freeze period is set until October 7, 2017, for ICO participants is set until October 15, 2017. Buy new tokens will be available immediately after entering the stock exchanges.