Topic: KICKICO-KickEx:Legit business or scam in making? (Read 932 times)

What you basically get is 25% of the trading fees that you paid. Doesn't make any sense to do it, especially not doing it on that dodgy exchange. The only time when this is worth trying to do it after they finish with the KICK dump. As the price goes lower, so is the amount of KSD needed. But still, you have to be crazy to go for it, and hodl those shitcoins hoping that hey might get pumped again in the future. Unless you are very experienced trader, you will probably loose more money while trading than those tokens are worth, no matter the current price.

As I said before, system is built around tricking greedy and naive ones, and luckily for Kickico, there is abundance of those in crypto.

Thats a lot actually mate. But if there are some who tried who knows might worth a chance if and only price of kick is worth it.

I'm pretty sure some are still mad and pissed with this airdrop since their value is quite appealing only if can be send only to burn address so it won't show up. But the team is really smart and tricky to pull of this method but very selfish also.

You forgot the crucial thing here, and that is if the price of KICK goes up significantly so 888,888 KICK is worth $5-6k, that means unlocking of those tokens will become much harder too.

Remember, their unlock (or "unfreeze" as they like to call it) system is tied to the value of KICK, so as KICK price goes up, so the amount of KSD needed. So, if aidropped KICK tokens are suddenly worth 5,000 USD, you will have to get 5,000 KSD, and to get 1 KSD you have to spend 4 USD in trading fees,meaning 20,000 USD spent in trading fees. Unless you are whale, it will be impossible for you to reach that. And if you are whale, you won't bother with these shitcoins. Catch 22.

Once again, you have to be either insane or completely clueless  to try doing something like that, and that's exactly their target audience. God knows how many greedy noobs swallowed the bait, sent the money to their exchange, did KYC and then realized that unlocking is much harder than it looked at first.

If the value goes close to 5 to 6k then I maybe try to pull recovering it. But right now it's not that much si we will just waste time and money.

But spending a 500 or 1k usdt on something glike worth 10k above is worth it right? However no one actually speaks here in even though we knew there are dozens of account or 2wallet address received the 888,888 token of kickIco

888,888 KICK is currently worth only ~$250 so it's not as much as you think. And in order to unlock those tokens you have to spend amount several times higher than those tokens are worth, and while doing so you will probably loose even more money as if you are not an experienced trader, you will loose the money.

When you take all that above into consideration you will understand why noone in their right mind will try to unlock those tokens.

Have you heard of any true case of someone who was able to unfreeze these coins? Why we did not hear the stories of some people who were able to unfreeze 888,888 KICK and thus stir up a little greed?
people are willing kyc for 1000 dollars. 888,888 is much greater than what some would risk doing.

I seriously doubt that you will find anyone who managed to unlock KICK tokens, as based on my little napkin math few posts above you would have to pay ~$1340 of fees in order to unlock 888,888 KICK. While doing so, you will probably loose few couple of thousands more, unless you are an experienced trader..

My advice for you is to simply forget about those airdropped tokens and move on. It's simply not worth the money and effort.

Is there someone here successfully unfrozen there airdrop kKIK token? I've got tons of this token that I get during 2017-2018 airdrop and the current price is very tempting to redeem. I already read the mechanics of unfreeze for the token but I'm worried whether they will really giveaway there free token or not.

No your math is correct. However as has been discussed

1) Their withdraw fees are, are at least were stupid high. So you loose that to.
2) It's a small exchange with limited coins.

Never forget: TANSTAAFL:

There
Aint
No
Such
Thing
As
A
Free
Lunch

Apply this to everything that is given to you for free, especially in the crypto world, and then figure out what the cost really is.

-Dave

Of course you shouldn't try to claim those, as chances are that you will loose way more while trading than those tokens are worth. I know that I would loose shit load of money in process as I am terrible trader

In the end demands are completely crazy and out of reach of anyone who real target audience of this airdrop is. After all, that's one of the reasons why they keep pumping and dumping

Oh fuck that! Maybe I shouldn't claimed those silly airdrop. It's just literally annoyed me when I've checking my wallet on etherscan that the value in USD is display knowing all these facts that it's gonna take and cause us so many money to claim it. I wish they just unlock it the way it supposed to be cause this is really a dirty kind of marketing just to gain clients and traders.

This is from their website in regard to the unlocking of those "freezed" tokens


So, in order to unlock those freezed 888,888 KICK you have to pay 72 USDT of trading fees. At first this seems very simple. But let's say that as a fee they take 0.5% (which is as far as I know pretty much standard percentage ) so in order to pay those 72 USDT of fees, you have to make trades worth of approximately 15,000 USD. Unless you are an experienced trader, chances are that you will loose some money while doing so. Then add on that that you will have to do KYC on that dodgy exchange, send your own money there etc, I doubt that many will bother with this.

But that is just the begininng. Bare in mind that math has been done when 888,888 was worth only ~17 USD, and now the price is ~20x more, or more precisely 335 USD, meaning that you need 335 of their KSD in order to unlock them. So now you have to pay 4x335 (1340 USD) in trading fees to unlock the tokens, meaning hundreds of thousands of dollars worth of trading.

Unless I messed up the math (which was never my strong point) seems to me that you have to be completely insane to go through all that in order to unlock those shitcoins.

Actually looking on this thread and see if there are people whom already tried out cashing out some of their kick tokens since the way now to retrieve or unlock it is use the platform by doing some trades.

I'm just confuse the ratio on how much it would unlock everytime we trade? For example you trade 400usd worth how much is gonna unlock on the kick token side. Like 1/4 or half of the supply already? Worse lower?

I did register to see the trading volume and when i tried to send the coins i came to know about the restrictions and hell no i am not going to purchase anything else to cash this out as i know i will be richer never touching those coins rather than trading when i do not need to.

I am not going to put much effort, when i read their unlock methods, they cited an example that we need to have around $18 KUSD something like that to unlock the coins and every 16 USDT worth of trading will give you a dollars worth of KUSD. If that is the real situation then it is not that hard to unlock those coins but i have not heard about anyone unlocking and i do not want to spare my time experimenting for $400 either.

They way I understood it, tokens are unlocked when you are active on their exchange. AS you are trading, you are earning what they call "$KEX tokens" which are used to unlock KICK tokens. So the only way to unlock them is to actively trade, and how many successful traders you know?



Sooner or later it will go to 0, but until then it will remain annoyance in the wallet, that's for sure.



Hah yeah, that sucks, but at least you didn't decide to buy more of that KICK tokens, or to register on their exchange and trade in order to unlock them, which was their main plan.


Bare in mind that KICK is pump&dump shitcoin, so current price can dramatically change any day now. While current value of 888,888 KICK is ~500 USD, just one month ago it was ~25 USD. Every once in a while they have this pumps as an attempt to attract people like you to register and trade on their exchange. So chances are that by the time you finish with unlocking price will go down where it was before, close to 0.

Thing is, if you are good trader, this money is peanuts for you and you can make it easily on any other exchange. But if you are not, you will loose more money while trying to unlock KICK tokens than they are worth. As simple as that.

The bait actually worked and when i was going through my old wallet which were empty i found one with $400 odd and was checking how it came to my wallet but never found an answer and now after seeing this thread i knew i made a mistake as i already transferred ETH to that wallet thinking i could send and then came to know about the restrictions  .

So anyone here tried to unlock the coins and how much dollars worth you need to trade for the coins to be unlocked.

I have 3 of my wallets with Kicks on it, it's one of the annoying shitcoins that I always see every time I logged in to my main wallets, it's value is going up and down and it has some impact on me because my wallets are not showing the correct value, because of the presence of these shitcoin, it's one of the coins that I want to get rid of to bring back the real on time value of the coins I have in my wallet.

I have no updates on this token, if they ever unlocked it, it will bring down the value to zero but at least I can get rid of it.

Unfortunately, you can stay assured tokens value will dump hard once they are unlocked (maybe end of 2021 if i correctly understood ?).

This token is faking our wallets real value by now ! 

I can't imagine anymore, even though it looks tempting, with the current ETH gas price, it will make us more and more losing. We never know where this token price will end. So, it is better for this tokens to have value in the wallet than we are forcing, but when all the tokens are unfreeze, that tokens cannot be sold at a high price, as we know this is just pump and dump, we don't know where the price will be stopped.

Now I know, so I should not be excited with my token holdings now as there's a little chance that I would be able to enjoy it. Bad marketing strategy, I guess this project would not last, it just pump because of the bull run hype but in the long run they might still fail.

You don't remember doing anything to get KICK tokens because you didn't have to do absolutely anything to get them, except to have relatively active ETH wallet at the time they were sharing those shitcoins. Tens of thousands of people have those useless shitcoins that they never wanted, or did anything to get them.

If I remember correctly their plan was to distribute 888,888 KICK to 1 million addresses, with the hope that some will swallow the bait and either buy more KICK  or register on their exchange in order to unlock them.

Was the token airdropped part of the supply? Then why do you think it will not have any value the moment its unlock?
Maybe you meant people will dump and the value will go down, am I right?

I'm following this thread as I was also surprise I have some KICK in my wallet, I cannot remember I participated in a bounty campaign before.. maybe I did but it was a long time ago and this token has no value before so maybe it slipped in my mind.

This current value of ~$440 is temporary as few weeks ago KICK token was 1/10 of the current price. This is just another pump and dump round of KICK tokens, something that they do in regular intervals in order to attract new people to try unfreeze those locked tokens.


But imagine how much trading you have to do in order to unlock those tokens, especially if you are small time trader, and only those will go through something like this to get few dozens of dollars worth of tokens. Since they are probably not an experienced traders, they will probably end up loosing more through trading than those tokens are worth.

Yobit and HitBTC are Coinbase for these guys..

But who would have thought, currently this frozen token is now showing a value of around $ 440. Even so, until now I have not been interested in withdrawing it. My reason is that apart from having to complete KYC, as a trader with small capital, it could take me one year or more, to be able to release all the tokens from frozen wallet. It could be that this is also a hidden pump plan for the KICK token. Thus there will be many members who eventually become interested in registering and following the process for claims their frozen airdrop otokens.

I have no doubts about that, nor I ever thought that.


I didn't say its illegal, I just said that is pyramid scheme type of referral  as I don't any other  legit exchange that has similar referral system. For me that's a big red flag, to see 10 level referral system as I found them only in scams.


You are forgetting one important thing here; KICKICO sent their worthless useless locked tokens to huge amount of people who never wanted it, nor they ever asked for it. But before they did that, they pumped the token so people think they got something that will have some worth. But in order to get those shitcoin, you have to trade on their exchange. This is pure spam technique, and if you try something like that on bitcointalk forum, you would get banned.

Their marketing technique may be legit/legal, but no decent exchange would so something like that, to attract users by baiting them, sending unsolicited tokens. Well, I personally would never use exchange or any other business that uses that. Its just when I see someone marketing something so aggressively, that's a huge red flag for me.

First, to be clear, I have nothing to do with the Kickico project. As many others just receive an airdrop from there and because of that I heard about them. I’m not interested in him, nor have I researched much of it, I'm just pointing out that their promotion (not the whole project because I don't know anything more about them ) is completely legitimate for now.


they plan to make a profit from traders fee, which is completely legitimate and all exchanges do that. How much referral level they plan to have doesn't really matter. Of course, they will say "get free $5" not "spend $10 on tx's fee to get free $5" or "you will be paid up to xx level of referral, although it will only be dust".
Usually, all promotions and free money are looking for something in return but this is only mentioned at the end. As long as they really pay off with money that came from real income, not taken from investors, this promotion is legal.

Something completely different is the question of whether it is really worth it. I see on freebitco.in the faucet, usually claim is 1 satoshi. Whether they are fraudsters if advertised "get free Bitcoin..." although we know that it is almost an impossible mission to raise the required amount for withdrawing.


as I stated in a previous post, unlocking airdropped tokens will be possible only when using his exchange to cover 50% of the trading fee. There I can't see any problem, for example, Binance offering -50% of the fee if you pay it with a BNB token. this is a very similar thing.

It is a very dodgy way to promote the exchange! First they pumped that KICKICO shitcoin, they they sent their useless and worthless locked tokens to hundreds of thousands of ETH wallets without people actually asking for them or doing anything, just basically "showing them down their throat". Those tokens were in wallet, showing that they are worth something, while in reality you couldn't do anything with them.

Maybe they are not pyramid scheme in strict sense, but they certainly used pyramid scheme marketing techniques. I mean, I don't know about any legit exchange that has referral system with 10 levels of depth. Whats even more dodgy is how they presented the possibilities of passive income via referral system.




No wonder that current price is around ~1 satoshi and even that is too much for this shitcoin. I wonder if anyone managed to successfully unlock those 888,888 airdropped tokens.

Nope, this is not pyramidal schemes. Just a way of promoting his exchange. They will give you some rewards in exchange for using their platform and if they actually pay the promised reward there is nothing shady. the other thing is that it is a very small amount and the high fee will probably eat all of the earnings.
it certainly doesn't pay to do the whole procedure because of the potential $5 profit.

Here is a statement about claiming 888,888 Kickico airdrop https://support.kickex.com/hc/en-us/articles/360012199739-Unlock-conditions-and-FrozenDrop-details


you can basically use those tokens to cover the fee when trade on his platform. that's all. He just trying to attract traders to use their exchange.

all this does not seem at all interesting or tempting to me at all but I can't see any fraud there for now. Of course, we need to wait to see how everything will work and whether it is really as they promise.

I have never participated in an airdrop or bounty with such a large amount of tokens. I think it's a scam, because I also got 888k tokens but it's unusable. Candlestick charts on exchanges are also not connected to Tradingview.

You can't do anything with them at the moment, only wait. And yeah, in order to unlock them you will have to trade on their exchange, and that means going through KYC and sending your own ETH/BTC on that  exchange.

I suggest you that you forget about KICK tokens, as by the time they are released, those 888,888 KICK you got will be worthless. Not worth it to give them your info for bunch of worthless shitcoins, as that's what KICK tokens are, don't fall for their marketing campaign.

One good thing about all this is the fact that their campaign is not working as good as they expected, KICK token price went down 90% in a couple of weeks. With tendency to go down even more. As I said, nothing but a pump&dump shitcoin.


That's the worst part, people will deposit their hard earn money on that untrustworthy exchange in order to get those airdropped tokens.
KICK smart contract was exploited back in 2018, when 40 people lost 70 million KICK worth at the time 7.7 million USD. People affected got their tokens back after few months, but by that time price plummeted by 70%, creating huge losses. Here is an article about the whole incident
https://www.ccn.com/another-ico-hacked-kickico-loses-8-million-after-smart-contract-breach/

It's so confusing but if I understood it well, you will have to wait for the official release of their exchange KickEx which will happen on Q2 of this year according to their road map.
Then, you will have to create an account and verify your identity (KYC). I doubt it will have any value by then.

I have received the frozen airdrop. How can I sell these coins now? Do I need to sign up on their beta exchange platform and do what?
There's no specified instructions...

It's a pyramid scheme. They are forcing users to trade in their exchange to get their referral reward and that's how they earn money.



Therefore, users will have to make trades even if they don't need.
For example I will have to deposit BTC, convert it to ETH then convert ETH to BTC and withdraw BTC to become eligible for the reward.
In this case, I will waste 5$ + withdrawal fee. In addition to that I will increase their volume.
This is how they try to earn money. Getting others money and giving a part of it to those that are on top of the pyramid.

Obviously, it is not necessary for me to explain how or why the airdrop token came. However, they need to explain how we can use it. Many people are uncomfortable with this situation. They have a token in their wallets and they can't use it. Yes, the vast majority of those who think about it think of it only to make money. But still not annoying? I don't want KICK tokens to mess up my calculation every time I check the balance of my wallet.

People lose their commitment to the project as these KICK tokens stay in their wallets. And unfortunately the team cannot see it.

I am not sure Kick is a scam yet, but we should all pay attention and watch out for them.
It is easy to make a wrong step in this shitokens game.
Anyway, good analysis OP

Only Frozen Drop tokens are locked, but there is still 2.98 billion KICK in circulation, so those tokens are being traded, and price probably manipulated by the team.


They are definitely not airdropping those tokens randomly. It has been confirmed by them that they used certain parameters like activity of wallet, amount of tokens/ETH in there etc in the period of approximately 1 month,  but they don't want to reveal exact details. It makes sense though to aim active wallets and not just randomly send ETH, as this way they increase chance someone buys more KICK from exchange, and join theirs, KickEx.

There is no any participation for this. There were no airdrop apply.
They are distributing tokens randomly. (at least they are saying that.) But I think they send KICK tokens based on wallet activity or wallet value.
I didn't have any Ethereum in my own wallet. Then I bought 2 ETH and send my wallet a month ago. Then suddenly 888K KICK token has arrived my wallet. There were no other transaction in that wallet.

So I think if you are holding ETH in your wallet or you have some latest transaction history, then you recevied your airdrop because of that.

Most provably still they are paying in random address those are collected from anywhere such frozen airdrop coin. 140k+ addresses holding this shitty coin. No more traders in this project, most old investors stil didn’t hold, they sold out before swap in the last year. I don’t think 888k frozen coin we will able to sell.  
I thinking also that i didn’t participated in their airdrop giveaway but how i received token.      

I received Kick tokens too. I don't know from where they got my address though as I don't remember joining any airdrop lately!

If those tokens are locked, who is making all those trades on exchanges then? If it's them (team) then this is a bad sign and don't expect the project will go too far. It will die the moment they unlock the tokens. We will see a huge dump.

https://etherscan.io/address/0xc12d1c73ee7dc3615ba4e37e4abfdbddfa38907e#tokentxns

I think 888K KickToken/address will hurts their supply on the market. It very possible this token just become another shit-token. Where this will give more chance to get lot of Crypto Trader lost his asset. This is happen now, when few days ago with 888k worth 600+ USD, in today market just $220. How many trader lost their asset because this token. Of course they not scamming for now, but it very possible.

I asked them that, how do they plan to unlock those KICK, if amount unlocked will depend on the trading you do on KickEx, and they said that they will release details about that after exchange goes live. So i guess all you can do is wait.


Yeah, that's the number they claim already joined exchange, and I'm not surprised, people will jump on just about anything, and won't do due dilligence.
Regarding the value of those tokens, bare in mind that current value of those airdropped tokens are like that  because only 2.98 billion KICK tokens are in circulation, while total supply is much higher, 781 billion. That means only 0.38% of the tokens are unlocked, and imagine what will happen when/if people starting unlocking the rest of 99.62% supply.
Total supply will be much higher though, as they are not over with Frozen Drop. There will be 2nd wave, and they  aim to send KICK to overall 1 million addresses. Here is the article  about it.

I had sold my KICK tokens when the market was good but after that they sent dividends to all addresses that held tokens and even to my address even though I had sold my tokens but the dividend was 0 (an error in their contract). When they stopped, this was their airdrop but it's only to promote their exchange. If KYC was not involved, things would be different.

Can still see 562,560 users who joined the exchange so till now it seems to work. Since the market value of those tokens are $200-$500, I guess many would be excited to follow their steps to unlock them.

I did received tokens from KickICO and this strategy is quite forceful as they send the tokens to your ether wallet. But still these tokens cant be move out from that wallet.

How is that using the exchange can be unlocked the tokens which cant even be moved? Let say Ived use the exchange and traded there how in the hell they can unlocked the one they sent to my eth wallet address? I think smart contract ia hard to be modify depends on trading on a centralized platform.


Thats a nice piece of display in our wallets. But that harsh fact is the most annoying one I hate, my wallet Im secured is easily can breached by an airdrop program through this 888k scheme. Claiming aside, this bit compulsory to those who have interest in claiming these valuable tokens. Id love to but the proces is so forceful.

If they do not lock the tokens, it will obviously be shitcoin in the future because so many people can get it from the airdrop, but the developers have their own strategies on how to do good marketing and not a big dump or become shitcoin.

With yesterday's pump it was still unclear whether it was from investors or the developers themselves who did it, really many questioned this project with its tokens.

It annoys me to have 888k shitcoins in my wallet without the possibility of moving them out. Being a completely random airdrop, it did stir my curiosity and I gave it a quick lookup on Google. I actually thought I had randomly received $500 in my account.. until the "888 888" Google autocomplete result popped up, then I knew something was up

I don't think it's a good marketing campaign. I mean, if you airdrop coins, do it to either those who've done KYC and registered for your airdrop or give it to complete strangers without freezing it. But that would've turned into a massive dump, so of course we need to see "888,888 KICK - $1,000" in our wallets and THEN finally decide to give identity proof. In their dreams! I don't like being forced to do things. I'd rather lose than be forced to do stuff their way.

I occasionally get some worthless shitcoins of seemingly dead projects in mew, but this is the first time for me to experience something like this from project that is listed on the exchange with some trading volume. That's why i was so surprised, but seems like people massively fall for it, sharing referral link left and right.

Pump&dump scheme in this case is obvious, as chances of project like this to gain and loose so much in the matter of few weeks  and to be completely legit are none to zero.
I also doubt that this is the last pump&dump cycle with this shitcoin.

To trade on some exchange, you have to trust them to some degree, and i honestly think that their practices won't have the effect that their are aiming for, as all this can only make me distrust them and never touch their exchange.

It's not a scam but it's definitely spamming users with their tokens who don't have any interest dealing with those coins. Having being a part of their campaign earlier, this marketing scheme is not ethical. They should have had an airdrop campaign instead so tokens would be sent after users authorizing to receive them.

The token's price pumped few days ago and now there's almost a 50% dump in the price.

It is an aggressive marketing campaign. Apart from the KYC requirement on exchange, which they later removed, everything looks "legal" to me. Those who received airdrops aren't forced to use the exchange if they don't want to unlock the frozen tokens. Referrals aren't required to pay for any product or services. The method could be something new but the end purpose is similar to what other exchanges did which is to increase their user base, volume, and pump their token.

They select the way "Frozen drop" very critically to promote their project. They sent 888888 kick token to the large number of crypto users and pumped their coin own self so that people make attention to the project. I don't know how long it will go but I don't like their "making fool people by sending useless token, increasing trading volume and pump their coin own self" these activities what they are doing.    

Kick coin not scam but teams making some stupid things. Why they distributed massive number of useless tokens it’s almost 30 billion tokens accordingly in their kick exchange website. Firstly they need to list in big exchanges than most provably volume will be increased. For increased tokens supply this shit coin ranking now top 50. They will start monthly passive income who guys trade in kickex and referral system is just bullshit.                 

Personally, it is still not a scam  Basically, they use airdrop (here is Frozen Drop) as a measure to pump volume for their exchanges. Obviously, it is a calculated strategy, using airdrop, KYC, along with the trading to unlock the unlocked KICK coin.
The only problem in this strategy is the implementation process. They have a good strategy, I think, but they hurriedly implemented it while they had not completed the testing phase, which resulted in KYC being unable to complete and KICK coin becoming worthless. But in fact, with the terrible airdrop, it is easy to understand that KICK will have a very small value  (Or at least they want that)
Anyway, with such a strategy and direction, it's not a scam, it's the legitimate business of a shitcoin that will form in the future 

I don't know anything about this Kickex until I received that airdrop, it was so huge the first time I received it, over $500 but checking on the airdrop it is shitcoin that they freezes, I think they want attention, and they do get my attention, but until now we never read any posts coming from the devs, so we can say that it's a shitcoin, because if they are serious we will get continous update but there are none and it's only a matter of time before all exchange that listed them delist it.

Some of you may  heard about KICK token Frozen Drop, where 888,888 KICK was sent to 167,375 addresses (useless locked tokens).  I decided to check KICK Ecosystem and their KickEx exchange that is in development at the moment, and to be honest, all this looks a bit dodgy to me. Whenever something sounds too good to be true, it usually is.

Up until recently KICK tokens were basically worthless, reaching ATL of 0.000044 USD on January 24th this month( down 99.99%  since their ICO back in 2017 when they raised 25 million USD). Despite having their  Frozen Drop going on since November 26th, there was no change of price, and then suddenly , in the matter of 2 weeks, KICK reached 0.000818 USD , they are still pretty much worthless, but  gain is almost  2000%  (after reaching that price KICK went down a lot, current price being 0.000266 USD, that is almost 70% decrease in a few days). This is red flag number one for me, as it looks like pump&dump scheme.


Another interesting thing that they have going on is KickRef, referral system with 10 level depth. To me this looks like classic MLM scheme.


Source


To further hype this referral system and bring new investors, they gave few  example how much can people earn from it. Sure, they say that  earnings will  depend on the activity of your referrals, but this really reminds me of ponzi schemes, where they use similar language and graphics to attract new users.


Source



As i said in the beginning, they already airdropped KICK to 167,375 addresses, but now they have few other things going on and will continue with it. Since this Frozen Drop was random, now they introduced new mechanic where you can increase your chance of getting KICK tokens through their airdrop by holding 500k KICK. By the end of Frozen Drop, they plan to send  888,888 KICK tokens to 1 million Ethereum addresses.
This is huge amount of tokens , and i don't see how KICK will have any value after this is over.

All these airdropped  KICK tokens are  locked , and in order to unlock them, first you will have to register on KickEx exchange, go through KYC and then trade on the exchange in order to unlock those tokens. The more you trade, the more KICK tokens you unlock.
Goal of this tactic is to pump the volume of the exchange, and therefore attract new projects and traders.

Another issue with KYC part is that they required from people to go through KYC while their exchange is still in beta stage, and no real trades are possible. Since few days ago this requirement is removed, but still it didn't make much sense at all, and unfortunately, many people gave them their info already.

---

I would like to hear opinion of others regarding this, and if someone has some additional info. Is this  just an aggressive marketing campaign that is trying to profit on people's greed but is completely legit,  or there are  more things  going on here, as for me this is just a way to advertise, pump, and then dump KICK tokens, as i don't remember any legit exchange having this kind of marketing strategy.

KICKICO announcement thread
Kick Ecosystem
KickEx