Everyday, there are numerous on-going ICOs across the globe. According to Coinmarketcap, there are over 1130 Cryptocurrencies and 5569 Markets. Some unpopular tokens are equally being traded in certain markets.
We have noticed that many startups change coin names after ICO because the chosen coin name is already in circulation in certain exchanges .The companies are forced to reissue new tokens and require investors to reclaim their tokens.This process has resulted to loss of tokens since some contributors do not understand the process of reclaiming tokens. Especially when up to 4 different tokens have been issued.
In order to avoid all these problems and ensure maximum protection of our investors, we took an extra step by researching out and talking with many exchanges to find an available token name that we can reserve for trading. We call it KickCity Token (KCY).
KickCity Tokensale and Forecasting on WINGS DAO Price Discovery Platform
KickCity will go live on Wings platform for forcasting before crowdsale. As a platform focused on community building, we decided to bring in community participation in determining token distribution during crowdsale.
After Forecasting on Wings platform:
· Price and bonus of KickCity tokens (KCY) will not change
· Token allocation and distribution might change
· Number of created tokens will not change
· Number of tokens sold during crowdfunding might change
· HardCap might change
The following companies completed forecasting on Wings platform before crowdsale:
-Blackmoon Crypto
-STOX
-Indorse
-Bancor Protocol
-AdEx