Topic: [ANN][ICO] KNW Token Knowledge Decentralize AdTech Commerce Education Employment - page 6. (Read 6531 times)

Well, for now, we cannot really predict the price of those tokens while the team will put fix price after the ICO is not really guaranteed to be like that.

you will simply earn by working on their platform and gaining experience and with more knowledge base you get to move up the chart with more quality work that really great idea

Knowledge.io is very an interesting and never fade its greatness and high good qualities as a real project here in the community of crypto currencies. Now, it is striving to remain known by people and make more progressive move. There are lots of promotions of Knowledge.io that people and I are looking forward.

Ảre you really a Head of Product at Knowledge.io? I really appreciate KNW team have a hard working at this project. And nice points about your devs team . Have any new update at Knowledge now?

That's a good point.  We've abstracted away the heavy lifting and only use the ERC-20 KNW token to issue the rewards, and a few small other things.  We have 12 developers on our blockchain and software dev team, and we have another 4 on the data side.

ERC20 though triggers a boatload of red flags in my head since most ERC20 tokens dont even have a proper dev team, just some marketting team members

We can't release a specific date at this moment, but I know it will happen very soon.  I see the back and forth from the engineering team, and I know they have a stable version for Android ready.  They just need to go through their normal software release process at this point, which usually doesn't take very long.

Thanks for asking this.  We're likely not to burn any tokens, rather they will end up back in the meta-mining reserve.

Here's an explanation:

This process by which tokens are distributed to participants on the Knowledge.io ecosystem is an analog to bitcoin pool mining.  We call this process meta-mining, and like bitcoin pool mining  which has a 1. fixed supply, 2. increasing difficulty over time, and 3. halving of rewards, the KNW tokens are distributed in a similar way, fractionally and proportionally based on contribution of Knowledge to the pool, meeting all 3 criteria above.

In the Knowledge.io ecosystem, our rewards mechanism is an analog to bitcoin pool mining. Publishers are like pools, and their users/visitors are like the individual miners on the pool. Rewards are issued proportionally based on the individual’s contribution and the publisher earns tokens for operating the website, app or platform.

Knowledge.io receives fees for operating the Q&Ads platform, but most of the KNW tokens are indirectly distributed to the publishers and users based on a structured rewards mechanism. Knowledge.io then deposits a portion of the tokens it earns from advertisers back into the treasury to replenish the pool used for distributing tokens.

The KNW token is a pre-minted ERC-20 compliant token on the Ethereum blockchain.  There is a finite supply of 150 million tokens.  The calculations needed to earn rewards increases in difficulty over time, and the rewards are halved over time/difficulty.

But how about the token sale economic details and how many tokens was allocated ? Do we have information on what they will do with the unsold knowledge tokens ? will they burn them ?

Yes, this is short term bonus will occur at presale only. And after a long time, i determine will invest at minimum amount of KNW . Hope they will x3 after ICO end.

thanks for provided us this link, as a person who is very interested in this platform and trying to get as much as possible information, this will help understand more about the platform and I will check it out and give me feedback.

Since it is just a pre-sale or private sale I think that is normal to offer such bonus when a project needs to fund some developmental stages.
What I want to see is a plan where it will be transparent for their supporters to see the stages for their development.

I mean there's no real price in an ICO, I could say every token is 1000$ and I'm giving a 99% off when I sell for $10 each per token to make it sound like a deal

Awareness at presale like that bonus will make increasing your investor but also make a market will have problem when ICO end .. Early birds always catch the worms

Bonus might be also a reason for the demand but we need to look the project scope and potentiality before we try to invest and its importance in the real life tends to grab the users attention that adds an additional value to increase the demand too.

You are partially right of this, but there are many other factors on which the demand depends on.
One of the many is the performance of the project is the apparent and current time market.

The demand for coins increases due to bonuses. but this is my personal opinion. If someone thinks otherwise, then maybe it is.

This platform will not only help people to get knowledge but they will also help knowledge to get some value and give the opportunity to the knowledge people to earn by sharing their knowledge and collecting this tokens. Still, I think that investment in this project will proof as a very smart investment for the future.

We will begin that in cryptocurrency very many clever and decent people. As well in this domain simply huge amount of the information. Very much all of this is important to order here too should help us Knowledge token. Anyway I hope to it.

Yes, they have a very great token sale bonus for their early costumes as they will get most amount of profit from the project. 65% is the very big amount and it will gain very high value in the future they are also offering very secure transfer system of tokens based on blockchain and the demand of the coins are also increasing daily.