Topic: Kii: True Utility Token | Public Sale This Summer | VC-Backed Company (Read 37 times)
Problem: Identity on the web today is broken because authentication is broken. The current identity model is both centralized and fragmented. Centralized by services each holding large silos of user identity data and fragmented with users having to separately create identity profiles across every service they interact with. When a silo is compromised, all of the users within are compromised and each credential theft resulting from a silo’s security breach enables the next security breach, mass credential theft, and an inevitable perpetual cycle. The current state of authentication and digital identity prohibits users from having ownership and control over their own identity online.
Solution: Trusted digital identity requires a rock solid core for authentication. NuID is building a new paradigm of digital identity through trustless authentication for services and a portable, device-agnostic identity model for all users of the web. Individuals will represent their identities with their zero-knowledge authentication credentials, stored on a public blockchain; services will deploy the NuID trustless authentication solution. The interplay between individuals and services will grow a robust Nu Identity Ecosystem which will make the internet more secure, return data ownership to individuals, and release everyone from the limitations of the current model of authentication. Kii is the transactional utility token at the root of the Nu Identity Ecosystem.
About Kii:
-Kii is issued and supported by The Kii Foundation, in partnership with NulD. It will initially be issued as an ERC20 token, but will migrate to the identity-optimized -KiiChain in the near future as a native token.
-Kii is the transactional utility token at the root of NulD's Nu Identity Ecosystem and the KiiChain, which are in development.
-Owning Kii grants you access to the ecosystem, where individuals own and control their online identity without trusting services with their private information.
-Demand for Kii comes from paying the cost of credential registration on a public blockchain and paying for use of NulD's existing trustless authentication solution: the first of many services in the Nu Identity Ecosystem.
-Kii has a restricted supply.
-Request to pre-purchase and find details on public launch at https://kiichain.org.
Tokenomics:
1,000,000,000 total supply
650,000,000 initial supply
200,000,000 tokens offered in public sale
$0.30 starting public sale price
How to Purchase & Launch Details: https://kiichain.org
One Pager: https://docsend.com/view/fyk6q72umzugj6vq
NuID: https://nuid.io/
Twitter: https://twitter.com/_NuID
Telegram: https://t.me/+qgQofhNKdMgxNzQ5
About The Kii Foundation:
The Kii Foundation is an organization formed to support the utility token Kii, and the soon to publicly launch KiiChain, a decentralized ledger optimized for upholding identity-related data. The foundation's core purposes are to aid with development efforts like advocating for Kii and its use in the Nu Identity Ecosystem, organizing a roadmap toward sustainable growth, and supporting the technologies and applications that depend on it. The Kii Foundation does not seek to control Kii, only to foster Kii’s advancements and the broader decentralized identity ecosystem it underpins. US citizens and residents and those in other excluded jurisdictions are excluded from participating.
About NuID:
NuID is a technology partner of The Kii Foundation, and is best known for building a trustless authentication solution for enterprises and developers. Their solution utilizes zero knowledge proofs and distributed ledger technology, preventing the need for applications or platforms to store user passwords server-side. When deployed, this protocol eliminates the risk of credential breaches. NuID has built upon their existing authentication solution to launch development of the “Nu Identity Ecosystem” along with the identity-optimized KiiChain.
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