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Topic: ⭐[ANN][ICO]⭐⭐⭐⭐KahnChat Mobile Payment and Social Networking Crowdsale Live Now - page 16. (Read 4639 times)

member
Activity: 196
Merit: 10
KahnChat sets a goal to work with mobile payments of at least 1% of the market share. Isnt this goal too small? Isnt it better to focus on 10% of growth and form marketing strategy for this purpose and collect the funds?
The 1% is specified in the WP not like a long-term objective. Look carefully: 1% of the total market share is the volum that is able to provide every investor with profit. So this is a kind of break even point.
Ok! As for the future, is it possible to talk about the long-term objectives?
full member
Activity: 392
Merit: 100
KahnChat sets a goal to work with mobile payments of at least 1% of the market share. Isnt this goal too small? Isnt it better to focus on 10% of growth and form marketing strategy for this purpose and collect the funds?
The 1% is specified in the WP not like a long-term objective. Look carefully: 1% of the total market share is the volum that is able to provide every investor with profit. So this is a kind of break even point.
member
Activity: 196
Merit: 10
KahnChat sets a goal to work with mobile payments of at least 1% of the market share. Isnt this goal too small? Isnt it better to focus on 10% of growth and form marketing strategy for this purpose and collect the funds?
sr. member
Activity: 574
Merit: 250
I know you guys are working hard, making a progress, and want to product to be out first but are you working towards listing your tokens to an actual big exchange not just a decentralized ones? As a trader, personally, think that the best way of marketing is to be exposed to a crypto community.
sr. member
Activity: 574
Merit: 250
Your platform is currently being developed on the ETH blockchain.  Is that platform built to be blockchain agnostic? I mean is it possible to move to new blockchains like NEM as the technology evolves over time?
member
Activity: 798
Merit: 17
Cryptoknowmics - World's First Decentralized Media
Do you accept investors from every country except US, correct?
в нeкoтopыx кaмпaнияx, пoмимo тoгo чтo зaпpeщeнo гpaждaнaм CШA eщe гoнгoнг, тaйвaнь зaпpeщeн, oбычнo пocлe этoгo пpoиcxoдит пpoцeдypa КyC , т. e oбмaнyть нe пoлyчитcя.
newbie
Activity: 266
Merit: 0
But still, what's the project's token? What options does it have?
This is a cryptocurrency linked to the mobile system which also integrates the platform of social networks.
member
Activity: 196
Merit: 10
But still, what's the project's token? What options does it have?
jr. member
Activity: 98
Merit: 8
If the team succeeds, it will be a great project that can easily replace WeChat. At least I hope so
newbie
Activity: 84
Merit: 0
KahnChat Technology, a UK based technology company, has successfully completed the first phase of its Public ICO(Initial Coin Offering) for its own crypto-token called KCH. The second phase of the ICO (Initial Coin Offering) began on 13th February 2018 and will end on 18th February 2018. A 25% bonus is on offer for early buyers in the ongoing second phase of the ICO. The KahnChat ICO sales are live now. Let’s Now we talk about the KCH token sales process.

The KCH Token is a futuristic cryptocurrency which is based on a mobile social networking and wallet app called KahnChat app. This is a social networking app

Read the full articles in http://blog.kahnchat.com/token-sales-process/
newbie
Activity: 84
Merit: 0
KahnChat ICO is a sale event being conducted by the UK based technology firm, Kahn Technology Ltd, in an attempt to raise funds for their cryptocurrency project. The Company is offering a part of their future crypto coins, called the KCH tokens, to the early investors in the ongoing ICOs. However, this is not the best part of this ICO.

The project is backed by a powerful social media and mobile payment app, called KahnChat app, which will be the main source of revenue for the Company and its investors. Here’s how this app will change our daily life.

The Applications of KahnChat App
KahnChat is a simple mobile app available for Android and iOS mobile platforms as of now. The app, once installed, could be used for chatting with friends, socializing, sending files, sending payments, paying bills, paying money at a restaurant or for a cab ride and more. Read full article from http://blog.kahnchat.com/kahnchat-ico-introduction/
full member
Activity: 210
Merit: 100
What i am very much interested in this app is that i can transfer fund to my family without even knowing their bank details. Interesting. I will surely take this app very seriously.
newbie
Activity: 84
Merit: 0
Do you accept investors from every country except US, correct?

You are right, the program is open to all buyers accept the USA and citizens of, natural and legal persons, having their habitual residence, location or their seat of incorporation in the country or territory where transactions​ with digital tokens are ​prohibited or in any manner restricted by applicable laws or regulations, or will become so prohibited or restricted at any time after this Agreement becomes​​ effective.
sr. member
Activity: 574
Merit: 250
Do you accept investors from every country except US, correct?
newbie
Activity: 84
Merit: 0
when are you going to show mobile app?

The beta version is scheduled and aim to be available in mid Q2 this year.
newbie
Activity: 84
Merit: 0
Transaction in blockchain are very slow, and what’s more important, are really expensive in terms of commissions. Why do creators of the project count that they’ll manage to attract the clients which will be satisfied with such an expensive service of such low quality?

KahnChat app is different than any other cryptocurrency wallet. Most of the cryptocurrency wallet is only a cryptocurrency wallet, allow the user to send, received or spend their cryptocurrency.

You are right, the network fees for the cryptocurrency for certain coin/token is very expensive but there is still user want to have the option to spend their cryptocurrency.

KahnChat app isn't just a cryptocurrency payment system but it is also a fiat currency payment system. The user who preferred to use fiat currency to spent for purchase can still use the app, the user who preferred to use their cryptocurrency to spent for purchase, they also can use it. KahnChat gives the option to the user. Of cause, not all merchant will accept cryptocurrency as the payment method for purchase due to the slow confirmation but there are merchants will accept cryptocurrency as a payment method.

The user chooses to use KahnChat is not just because KahnChat has the cryptocurrency mobile payment, it is because the user has the option to choose to use fiat or cryptocurrency and KahnChat also other features available for their daily use or business use.
What is the percentage fee for the exchange of fiat for cryptocurrency in your application?

Selling and Buying cryptocurrency to/from the other KahnChat user in the mini exchange, the exchange fees is only 0.005% or $0.20 per transaction, whichever is higher.
newbie
Activity: 84
Merit: 0
Is there a solution for group use of files in the base of the platform similar to the best existing?

This feature is not in the initial project development plan, we can put this into the feature wishes list for future development planning.
member
Activity: 238
Merit: 10
Is there a solution for group use of files in the base of the platform similar to the best existing?
newbie
Activity: 84
Merit: 0
How much do the developers have to collect in order to be able to introduced the maximum number of planned platform’s options?

It’s necessary to collect investment for 100000 ETH. This is the hard cap of the project.

It is ideal to achieve the hard cap but to implement the app features as we planned in our development planning, it needs only the soft cap to be achieved.

The more investment fund we can receive will enable us to have a better marketing option.
newbie
Activity: 84
Merit: 0
Although the project declares the unlimited payments on the base of the platform, are there any restrictions on them?

We implement the same security procedures as the other financial institution did to protect our user's fund.

The system will monitor the user's spent behaviour, if there is a sudden change on the user's spending style, the system will apply a temporary lock to the user's account and the transaction security team will contact the user's to verify his/her spend and unlock the account after the verification.

The system also provides the option for the user to set their spent alert amount, any amount above the set level will require a further authrisation from the user before the transaction executed.

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