A question to the devs.
I just went over your whitepaper again and checked the starting post of you, and as I hopefully understand it right, the system is like if someone is backing up a crowdfunding campaign and the campaign is a success he is getting the rewards promised by the campaign leader and the backers are getting 20% of the worth they payed for the campaign in KickCoins, right?
First of all, where does the Coins come from? Does the Campaign starter provide them with their payment for a campaign? Or will they come from you through the reserve you build with this 4%?
And another quesion is, do you already have some companies you have talked with for partnerships to accept your Coins? Because of the idea to pay with them for other services.
Thiis dev's answer before
Will you host also bounties etc...on your platform? One place to look at all (for example twitter) campaigns would boost kickico adoption even more
Yes, there will be bounty campaigns dashboard built inside the platform. So that you can start snd manage the bounty program there and keep track of all the activity
Hello dev, where will you get the revenue to give the backers some kickcoins as a double benefit? or maybe the right words are where did the kickcoins value you provided as the double benefit come from?
first, the platform takes 4% fee in the raised ETH and 4% of the projects' tokens and keep it in a separate fund. We plan on launching about 100 projects by the end of this year. Just imagine how the price of at least 10% of projects tokens might go up, so that the platform profit
second, wwe are building the ecosystem for the platform and projects will use KickCoins as a mean to exchange value and pay for services
third, many projects will accept KickCoins as a payment
And who do you mean that "companies"? KICKICO already has several projects that use their platform, you can check it here :
https://www.kickico.com/None of this is answering my questions
I was curious about from where this 20% payback in Kick coins for crowdfunding investors is coming from. Like in the white paper is stated that all backers will recieve an equivalent of 20% of their spent "money" in KickCoins. If you just keep 4% of the coins a campaign generate but you pay 20% in coins back from where does the other 16% coming from?
And the second questions is not about who already is using the KickIco
In the initial post and also in the white paper there is giving the hint that there should be an eco system of companies using the coin. You can for example pay with your recieved coins for translation at a translation office, or buy other stuff etc pp, if I get it right. Here I was wondering if there are already negotiations with potential partners.