KORA NETWORK ICO Review

INTRODUCTION

The Blockchain technology enables the community to solve many development-related challenges. The Blockchain ecosystem is has led to developments in so many aspects such as finance, information sharing, cyber security, logistics, product follow-up and such. This structure provides us with utmost security in a transparent environment. The crypto produced in the digital environment is now among the indispensables of today. Crypto parallax trust is the biggest factor in the development of this system. If investors and funds to invest in the system gain confidence in the system, system development will accelerate and expand.

Participants in this platform complain about the time lost and the high commissions paid, but now they are not able to meet expectations even though they are paid much faster and less commission than the banking system that makes up the finance sector. Now I will tell you the project is a project developed to produce solutions to these. The name of this progeny is Kora Network. More information about Kora.Network You can reach it by visiting the official website https://kora.network/ .

KORA NETWORK

KORA NETWORK aims to create a financial network among everyone involved in the financial sector and trading traders. In other words, it is a network of people, funds and capital that aims to create financial systems for everyone. Every project built on the financial sector attracts everyone’s attention because every innovation in the world affects it directly or indirectly. High costs in the money and finance sector, lack of mutual trust, frustration and frustration of those who do not know the system, security worries and the prescriptions are going to come to light so that new entrants will invest in the system. Thanks to these participants, the crypto money market will expand.

Coupled on this transparent and secure platform created, couples will be comfortable and fast, and their transaction volume will increase. In addition, you will not be dependent on anyone who will save time because it is possible to operate on this platform with an intelligent mobile phone via mobile communication without depending on an institution or bank. System expansion will accelerate as transaction commissions, which are a significant cost for small investors, are removed. By safeguarding the financial and personal information of the participants and creating a high security data bank in the system, the investors will be able to safely keep their assets and transfer them to and from them.

Four fundamental functions are built into the Kora Network

• Identity: Users can prove their true identity and the validity of their activity.

• Secure Storage: Users are more secure with this. they are protected from stealing their funds. no one can steal or devalued their funds.

• Money Transfer: Users who using this can easily transfer money to each other with securely.

• Market Places: Users who use this can exchange money for services, good and capital by easily access venues.

KORA VISION AND PLANNING

A team of Kora has the vision to use the latest technology to empower the people to build a strong ecosystem in the region. It will educate the people for adaptation of the new technology and grow faster in the world. The Kora Network has the vision to build the four layers of infrastructure to provide an economical solution in the region. It will provide the universal access to financial services through the platform accessible via SMS/USSD on a Smartphone, internet by using the specially developed Mobile app. The mobile app will be enabled by using blockchain technology. The blockchain based financial services will build the self-sustaining community based financial services. It will immediately reduce the cost of the financial services that require for the management and development. The centralized blockchain based financial services will open the new frontier in the global economy and allow the people to gain more profit through the capital management, intellect, and creativity of the underserved.

TOKEN DETAILS

Take a part in ‘kora network” by holding KNT tokens. kora token sale goal is, decentralize ownership with people who contribute to the token sale on kora to ensure the crypto economic stability of this network.

Token Symbol: KNT

Platform: Ethereum

Type: ERC-20

Price: ICO 1 KNT = 0.10 USD

Token for sale Quantity: 339.753.302

Hard cap: 24,000,000

Accepted currency: ETH

Minimum Investment Amount: 5000 USD

Token Distribution

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CROWSALE details

• MAIN SALE :: Mar 19, 2018 — Apr 18, 2018
• Goal =15 000 000 USD
• Cap = 20 000 000 USD
• PRE-SALE :: Feb, 2018 — Mar, 2018
• Goal = 3 000 000 USD
• Cap = 3 000 000 USD
• Prices :: from Feb 19, 2018 till Mar 18, 2018–1 KNT = 0.1 USD

USEOF FUNDS

The fund collected from the public distribution will be used smartly in achieving the vision of the KORA. The ensure the rapid growth of the plan, the 50% of the fund will be used in the research, development, and maintenance of the KORA network. The 30% fund will be used in the network growth. 10% of the fund will be used to accelerate the growth by distributing the fund as the equity to the startup that will be helping the KORA network in development of the application and providing other services. The 5% will be used to make a social impact to build the KORA ecosystem. The final 5% will be used in the legal procedure to make the KORA network authorized distributor of the token sale.

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