KORA Infrastructure for Inclusive Financial Systems

Finance is a field that deals with the study of investments,it includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainty and risk.Finance can also be defined as the science of money management.Finance aims to price assets based on their risk level and their expected rate of return. Finance can be broken into three sub-categories public finance,corporate finance and personal finance.

A financial system within the scope of finance is a system that allows the exchange of funds between lenders, investors, and borrowers.Financial systems operate at national,global and firm-specific levels.They consist of complex,closely related services,markets and institutions intended to provide an efficient and regular linkage between investors and depositors.

Money credit and finance are used as medium of exchange in financial systems. They serve as a medium of known value for which goods and services can be exchanged as an alternative to bartering.A modern financial system may include banks public sector or private sector,financial markets, financial instruments and financial services.Financial systems allow funds to be allocated invested or moved between economic sectors.They enable individuals and companies to share the associated risks.

Kora is a project of hope for billions of people who are underserved by the current financial system and are burdened by expensive and inconvenient access to financial services.They are excluded from better solutions due to high costs,lack of proper identity,poor access to banking locations and mistrust or poor understanding of the banking system.Website https://kora.network/

The Kora Network will be built on four layers of infrastructure to provide a low cost, universal access fnancial services platform accessible via SMS/USSD on feature phones or with internet access via mobile app,enabled by blockchain technology.By drastically reducing the cost and time required to provide nancial services,and drawing a diverse set of stakeholders into an interoperable network,it will unlock the Long Tail of the global economy,beneting populations most in need and enriching the global economy by unlocking the capital,intellect and creativity of the underserved.

Ecosystem
Our blockchain stores identity and transactions,runs software modules and connects to other blockchains while preserving user privacy.We use Tendermint DPoS as a consensus algorithm,allowing for scalability while maintaining decentralization.The blockchain is secured by the Kora Network Token (KNT).

eFiat are digital versions of national currencies that users understand and trust. They are 100% backed by cash reserves and redeemable on a 1:1 basis.
CVNs empower users to pool capital for lending or investment,social assistance, financial education and other services.

Four fundamental functions are built into the Kora Network
1.Identity
Users can prove they are who they are and the validity of their activity.
2.Secure Storage
Users can protect their funds from being stolen or devalued.
3.Money Transfer
Users can transfer money to each other quickly and securely.
4.Market Places
Users can easily access venues to exchange money for goods,services and capital.

Hardcap Token Sale is $24 million.
Pre-Sale and Public Sale.
The minimum investment Pre-Sale : $5000
The KNT received by a contributor is fixed at the USD
There is no minimum investment Public Sale,Maximum is $1 million per unique identity.
Token Type : ERC20 can be redeemed for KNT on the Kora Network when the public blockchain is launched in Q3 2018,Excess contributions will be refunded.All unsold tokens will be burnt.
Further details about the Token Sale will be released online. Sign up on our website to stay up
KNT Supply
Token Sale 45 % (339,753,302)
Reserved for growth 20 % (151,001,468)
Reserved for R&D 20 % (151,001,468)
Team 15 % (113,251,101)

Use of Funds
Research &Development 50 %
Network Growth 30 %
Kora Accelerator 10 %
Social Impact Investment 5 %
Legal & Token Sale Marketing 5 %