We should watch markets as whole when we compare price of any specific coin or token to have better understanding. Kickcoin is doing much better than many projects in free market. It seems that team needs to increase the usage of Kickcoin to make it more valuable. They can have many solutions and ideas to make this happen and surely they think on this thing in close meetings.
yes it would be nice to push on the value of the piece, the competition will happen. see the article below, a state agency, bank or others may consider doing what kickoin does and even more
Russian banking giant Sberbank and the country's National Settlement Depository will test an initial offer of coins on a central bank regulatory platform.
Sberbank and the National Settlement Depository (NSD), the largest bank in Russia and the securities depository respectively, will test the issuance of an initial offer of coins (ICO) on a regulatory platform established by the Bank of Russia, the bank central of the country. Launched in April, the regulatory platform was developed by the central bank to pilot test new financial services and technologies that required legislative changes before implementation.
"Our ultimate goal is to create the fundamental foundation for the development of the digital economy in our country, for the emergence of a new type of asset for investors, for ICO ecosystems, and for the circulation of digital assets. in the secondary market "NSD President Eddie Astanin said. "In collaboration with market leaders, we are implementing a project to create an infrastructure to record digital assets."
This remarkable pilot comes at a time when Russian companies are showing an active interest in fundraising opportunities through initial offers of coins, according to Igor Bulantseve, the director of Sberbank CIB.
The executive of Sberbank, who is also senior vice president of the banking group, said:
Sberbank CIB believes that the Russian market of the ICO is very promising. Many Sberbank clients are interested in this type of investment, and we plan to proactively promote this service once the appropriate legislative framework comes into effect; we will be one of the driving forces to institutionalize and popularize this type of transaction.