Whats up everybody WAJAHAT is here with another exciting blog on KAHNCHAT. Kahnchat aims to create new blockchain system that combines social networking and smartphone deposits platform with cryptocurrency. Dr. Ulrich Hatje as a co-founder, Mr. David Kan as a co-founder, Guowei Zou as a senior engineer, Haiyu Zhang as a software engineer, Junfeng Liu as a software engineer, Weijian Zhang as a software engineer, Dr. David Meszaros as a legal advisor, Mr. Srdjan Veselinovic as a legal advisor and Anthony Xu is a software advisor as a chief executive officer of Lepu Technology. In Crowd sales, a participant can buy minimum 0.002 ETH. The target of Soft cap is 0.5 million USD dollars. The total tokens are 0.1 million USD raised. The remaining target are USD 0.3 million dollars. The total amount raised by Credit Card, ETH and BTC in USD Dollar. The Average 1 KCH is equal to 0.90 dollars. The extra bonus will be 250 KCHX1 The funds raised through the initial coin offerings sales shall be used as 50% are for marketing promotion, 20% are for wages or contractors fees, 10% are for sales related expenses, 5% are for administration, 5% are for securities deposits, 3% are for equipment & tools and 2% are for legal related expenses.
The participants requires a deposit solution in smartphone which allows easy and effective fund transfers with privacy. It is done without knowing the identity of recipient, bank account details and making virtually unlimited deposits. The participant do needs an effective app that is better than other existing apps and combines them with more features aimed at simplifying the daily life of the participant. KahnChat app is a perfect digital deposit solution for all participant demands. It has a many different features such as making deposits digitally in cryptocurrency for shopping at any online or offline store, transfer of funds to any Kahnchat participant, sending text messages, chatting via voice or video to single or multiple parties and file sharing and a lot more. The smartphone deposit of the company’s target is 1% of the market share which produce a huge return to each of the ICO investors. The 25% of the tokens are distributed in the Pre-ICO which is equal to the 0.2 billion KCH. The 55% of the tokens are distributed in the public ICO which is equal to the 0.4 billion KCH. The 5% of the tokens are distributed in the advisors which is equal to the 4 million KCH. The 5% of the tokens are distributed in the partners which is equal to the 4 million KCH. The 5% of the tokens are distributed in the foundations which is equal to the 4 million KCH. The 5% of the tokens are distributed in the members of team which is equal to the 4 million KCH. The deposit with ETH/BTC will be delivered at the end of ICO while the deposit with Credit Card will be withheld for 32 days for security reason. The distributor in the initial coin offering sale, will offer 20 million KCH tokens on February 1st, 2018 at 00:00:00 GMT. The distributor will offer 44 million KCH tokens on February 4th, 2018 at 00:00:00 GMT.
Website:
https://www.kahnchat.com/
Whitepaper:
https://www.kahnchat.com/docs/KahnChat-Whitepaper-v2-en.pdf
