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Topic: [ANN] KICKICO - PLATFORM FOR FUNDRAISING ON CRYPTOCURRENCY - page 168. (Read 147332 times)

full member
Activity: 350
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KICK ECOSYSTEM - complete fundraising and exchange
The idea is great and does have it benefits, I just think it's unfair that the community supports the creation of their platform and other ico's that transverse thru the platform is bleed twice. I can understand 4% of the collected funding but also 4% of the token is little absurd. Sure the price is cheaper than say going thru Kickstarter but kickstarter doesn't ask for a share of the company that utilizes their service. In reality, kick will own a share in every company that utilizes the platform, and I didn't see any mention of sharing dividends with investors on the whitepaper. I might have overlooked it and if so plz let me know.  Again am not intentionally kicking up dust, just asking questions that a real investor would be concerned with. Hopefully, an admin can guide me thru their thought process on making certain decisions.
Whitepaper :
"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."

It is good for raising value of Kickcoin but, I think it will be a hurdle for the project owners to have 2 different coins.

To answer this very question about the platfrom "bleeding twice": the platform uses this comission to generate KC tokens to reward backers. So the tokens will not lose the value and grow - making all the KC holders gain profits too. If the ICO is not hosted on KICKICO platform any contibutor gets only projects token, but on KICKICO additional token is given too.
It creates additional incentive for backers to participate in your projects.

For the creators to share 4% of raised funds and 4% in tokens - not unfair at all. This is a really small fee compared to any other competition on the market and fact that there is no cost upfront already makes it fair enough. Second, as mentioned above the comission is not just taken by the platform but it is given to the backers in the form of issuing new KickCoins. Third, the platform of this sort that operates at a global level requires quite a lot of resources for the code development, marketing, support, consulting, law and jurisdiction issues, etc.

We are creating the global platform and we are bond to make it as useful and fair for everyone.
And we specifically mention that KickCoins are not the investment, nor it gives a share in the company. So the questions about sharing dividends are not relevant.
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
Thanks @subG  Wink
For those who do not know are 3 projects that will soon be launched:
1. ENVIENTA-The affordable and self-sustaining living space of the future.
2. Royal Flush Poker becomes a DAO Poker!
3. Star-Lord: let's play together!
For more details its you can check in www.kickico.com  Smiley


The projects are good too. Probably they are picking very carefully which project will be on their platform. That's very good for investors of future projects, they will only see good projects. I personally liked poker project, maybe i can contribute.

But I think, that they could do more for safety, since the collecting aim of the projects just have to be 10.000$. This minimum shall prevent the platform against criminals who could Invest in their own project and afterwards receive their own money + the project tokens (so double their money). 10.000$ is not that much. Even I could raise this sum...

I think they sure have some safety measures in background. Don't believe that any scammers raise some money and run with it easyly. But sharing that measures with us would be nice.
sr. member
Activity: 308
Merit: 250
Thanks @subG  Wink
For those who do not know are 3 projects that will soon be launched:
1. ENVIENTA-The affordable and self-sustaining living space of the future.
2. Royal Flush Poker becomes a DAO Poker!
3. Star-Lord: let's play together!
For more details its you can check in www.kickico.com  Smiley


Ha ha Star-Lord? Hope you don't have trouble with copyright Wink

But anyway it's encouraging to see the platform already working. It gives the project a lot of credibility.

It's very likely they'll have problems with this name but in the end I don't think it will be difficult to change it.

It's not a bad start but I'd love to see more projects that depict the actual capabilities of the platform. We've got 3 online games (Magisters of magic, DAO poker and the-game-formerly-known-as-Star-Lord). It's refreshing to have ENVIENTA and it would be great if they could attract, lets say, a book and a music album.
sr. member
Activity: 1792
Merit: 293
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
Thanks @subG  Wink
For those who do not know are 3 projects that will soon be launched:
1. ENVIENTA-The affordable and self-sustaining living space of the future.
2. Royal Flush Poker becomes a DAO Poker!
3. Star-Lord: let's play together!
For more details its you can check in www.kickico.com  Smiley


Ha ha Star-Lord? Hope you don't have trouble with copyright Wink

But anyway it's encouraging to see the platform already working. It gives the project a lot of credibility.
to many game has problem with copyright. hope this game didn't have trouble with copyright.
full member
Activity: 539
Merit: 100
BIB Exchange
 This project is good than 99% ico out there  Kiss
sr. member
Activity: 1372
Merit: 259
Are there any high visibility projects that have chosen KickICO already?
I've seen the poker ico on the website but i was wondering if there are any other ones planned?

Addionally to the current project - Magisters of Magic - and three waiting projects they apparently have already 250 requests, as it was said in some interview. So, not bad for a start  Smiley
Only the German translation of website and projects description isn't really good... sounds a bit weird   Wink

Not a bad start? It's amazing start. Actually i have seen lots of ico, which is nothing to show and raised millions of dolars. Kickico is already working and icos are on the line. Funds will pile on them 6 days later Smiley

250 requests? Ok that's huge. I hope they get added soon, so the project gets more visibility and media attention. This will help fund the ICO.

They said they reviewed this yet. May be not all project good. But its not bad start. They beginning from little project.. but may be in future a big whales ll joined to their platform  Roll Eyes
full member
Activity: 588
Merit: 100
Thanks @subG  Wink
For those who do not know are 3 projects that will soon be launched:
1. ENVIENTA-The affordable and self-sustaining living space of the future.
2. Royal Flush Poker becomes a DAO Poker!
3. Star-Lord: let's play together!
For more details its you can check in www.kickico.com  Smiley


Ha ha Star-Lord? Hope you don't have trouble with copyright Wink

But anyway it's encouraging to see the platform already working. It gives the project a lot of credibility.
sr. member
Activity: 493
Merit: 250
IDENA.IO - Proof-Of-Person Blockchain
 Grin see a good project to invest... same idea with fundyourself now
full member
Activity: 312
Merit: 106
Thanks @subG  Wink
For those who do not know are 3 projects that will soon be launched:
1. ENVIENTA-The affordable and self-sustaining living space of the future.
2. Royal Flush Poker becomes a DAO Poker!
3. Star-Lord: let's play together!
For more details its you can check in www.kickico.com  Smiley


The projects are good too. Probably they are picking very carefully which project will be on their platform. That's very good for investors of future projects, they will only see good projects. I personally liked poker project, maybe i can contribute.

But I think, that they could do more for safety, since the collecting aim of the projects just have to be 10.000$. This minimum shall prevent the platform against criminals who could Invest in their own project and afterwards receive their own money + the project tokens (so double their money). 10.000$ is not that much. Even I could raise this sum...
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
Thanks @subG  Wink
For those who do not know are 3 projects that will soon be launched:
1. ENVIENTA-The affordable and self-sustaining living space of the future.
2. Royal Flush Poker becomes a DAO Poker!
3. Star-Lord: let's play together!
For more details its you can check in www.kickico.com  Smiley


The projects are good too. Probably they are picking very carefully which project will be on their platform. That's very good for investors of future projects, they will only see good projects. I personally liked poker project, maybe i can contribute.
sr. member
Activity: 616
Merit: 263
Thanks @subG  Wink
For those who do not know are 3 projects that will soon be launched:
1. ENVIENTA-The affordable and self-sustaining living space of the future.
2. Royal Flush Poker becomes a DAO Poker!
3. Star-Lord: let's play together!
For more details its you can check in www.kickico.com  Smiley


These are very nice. Although i'd like to see some more listed.
250 as stated previously is huge and it shows the possibilities of the platform.
full member
Activity: 392
Merit: 100
Are there any high visibility projects that have chosen KickICO already?
I've seen the poker ico on the website but i was wondering if there are any other ones planned?

Addionally to the current project - Magisters of Magic - and three waiting projects they apparently have already 250 requests, as it was said in some interview. So, not bad for a start  Smiley
Only the German translation of website and projects description isn't really good... sounds a bit weird   Wink

Not a bad start? It's amazing start. Actually i have seen lots of ico, which is nothing to show and raised millions of dolars. Kickico is already working and icos are on the line. Funds will pile on them 6 days later Smiley

250 requests? Ok that's huge. I hope they get added soon, so the project gets more visibility and media attention. This will help fund the ICO.

Such a large number of requests, Please look at their abilities and credibility carefully
full member
Activity: 322
Merit: 100
Thanks @subG  Wink
For those who do not know are 3 projects that will soon be launched:
1. ENVIENTA-The affordable and self-sustaining living space of the future.
2. Royal Flush Poker becomes a DAO Poker!
3. Star-Lord: let's play together!
For more details its you can check in www.kickico.com  Smiley
sr. member
Activity: 616
Merit: 263
Are there any high visibility projects that have chosen KickICO already?
I've seen the poker ico on the website but i was wondering if there are any other ones planned?

Addionally to the current project - Magisters of Magic - and three waiting projects they apparently have already 250 requests, as it was said in some interview. So, not bad for a start  Smiley
Only the German translation of website and projects description isn't really good... sounds a bit weird   Wink

Not a bad start? It's amazing start. Actually i have seen lots of ico, which is nothing to show and raised millions of dolars. Kickico is already working and icos are on the line. Funds will pile on them 6 days later Smiley

250 requests? Ok that's huge. I hope they get added soon, so the project gets more visibility and media attention. This will help fund the ICO.
sr. member
Activity: 798
Merit: 262
The idea is great and does have it benefits, I just think it's unfair that the community supports the creation of their platform and other ico's that transverse thru the platform is bleed twice. I can understand 4% of the collected funding but also 4% of the token is little absurd. Sure the price is cheaper than say going thru Kickstarter but kickstarter doesn't ask for a share of the company that utilizes their service. In reality, kick will own a share in every company that utilizes the platform, and I didn't see any mention of sharing dividends with investors on the whitepaper. I might have overlooked it and if so plz let me know.  Again am not intentionally kicking up dust, just asking questions that a real investor would be concerned with. Hopefully, an admin can guide me thru their thought process on making certain decisions.
Whitepaper :
"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."

It is good for raising value of Kickcoin but, I think it will be a hurdle for the project owners to have 2 different coins.
full member
Activity: 490
Merit: 100
The idea is great and does have it benefits, I just think it's unfair that the community supports the creation of their platform and other ico's that transverse thru the platform is bleed twice. I can understand 4% of the collected funding but also 4% of the token is little absurd. Sure the price is cheaper than say going thru Kickstarter but kickstarter doesn't ask for a share of the company that utilizes their service. In reality, kick will own a share in every company that utilizes the platform, and I didn't see any mention of sharing dividends with investors on the whitepaper. I might have overlooked it and if so plz let me know.  Again am not intentionally kicking up dust, just asking questions that a real investor would be concerned with. Hopefully, an admin can guide me thru their thought process on making certain decisions.
Whitepaper :
"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."
full member
Activity: 364
Merit: 100
Seems like alot of ppl in the thread endorses this platform. Will definately check it out. As more traditional funded startups move into crypto space the demand for capital rise through ICO will increase.
Best of luck
full member
Activity: 392
Merit: 100
the presale already got a big success,  let 's make it big.
This ico platform is awesome , the fee is low, looks trustable
full member
Activity: 336
Merit: 112
4% of the raised amount and another 4% in the hosted token its a bit too much, i saw a video but its in german, somebody has explained to me that the platform is ready but it needs more funding for the development and launch.

I am not sure, but I don't think it is so much compared to sites for for example crowdfunding something. The fees there are much higher and KickIco is also giving help with different thinks regarding the campaign.
sr. member
Activity: 882
Merit: 277
If i had a dollar for every "had i known"
am going to be honest, the only thing am not happy about, and maybe i might be out of line and someone could correct me, is that Kick is utilizing an ico to start a crowd-funding website, then they going to charge other companies 4% to utilize the aforementioned site for their own ico. Seems unfair to me, given that kick will be community funded from the ico while others pay them to use it. I know they have to turn profit somehow, but it seem unfair. Anyway, just my observation, i could be wrong in so many way, and if so, am open to be educated.
"while others pay them to use it".
What is that mean?

I mean for every other company that utilizes their platform to run an ico, they will keep 4% of the raised amount, and if am not mistaken, if a token is issued,  they also keep 4% of it. Again, my observation might be wrong/jaded and if so, am open to be educated.

Yeah that is the correct amount 4% of raised and 4% of tokens created.  This is a reasonable price to pay for using the kickico platform.  Some exchanges also host ICO's and the percentage they take are much greater regardless if your ICO raised the minimum amount or not.  

The idea is great and does have it benefits, I just think it's unfair that the community supports the creation of their platform and other ico's that transverse thru the platform is bleed twice. I can understand 4% of the collected funding but also 4% of the token is little absurd. Sure the price is cheaper than say going thru Kickstarter but kickstarter doesn't ask for a share of the company that utilizes their service. In reality, kick will own a share in every company that utilizes the platform, and I didn't see any mention of sharing dividends with investors on the whitepaper. I might have overlooked it and if so plz let me know.  Again am not intentionally kicking up dust, just asking questions that a real investor would be concerned with. Hopefully, an admin can guide me thru their thought process on making certain decisions.
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