IPO, ICO AND STO
One of the ways through which blockchain startup companies raise funds for development of projects and infrastructural expansion is conducting an Initial coin offering, ICO. On a basic level, ICO's are blockchain crowdsales, the cryptocurrency version of crowdfunding, similar to an IPO, whereby companies/projects raise funds by offering investors shares of the company.
The amount of money that ICOs have raised over the last two years is truly astonishing. In 2017, ICOs raised a total of $5.6 billion. Source
However, due to the unregulated standard of the blockchain as at 2017, some ICO's were been used to defraud investors of their hard earned funds by not delivering what their projects promised to offer, indirectly scamming the investors. According to Cointelegraph, new study says 80 percent of ICOs conducted in 2017 were scams.
The research says that in 2017 “over 70 percent of ICO funding (by $ volume) to-date went to higher quality projects, although over 80 percent of projects (by # share) were identified as scams.” The analysts found that four percent of ICOs failed, and three percent had “gone dead.” Source
Conducting of ICO's have since then been rather challenging to say the least. There are strict measures of ICO regulation that stifle its flexibility, there is increased Exchange scrutiny as Exchanges are being careful not to list a SCAM ICO that will ruin their reputation, moreover, it costs a lot of fees to list an ICO on an exchange, ICO's are not properly priced as some ICO's died because no one invested in them due to unworthy pricing.
Does that make the objective for ICO's a failure? No, not since KICKICO stepped in to revamp the system with the new STO system - Security Token Offering which has full regulatory approval and legal guarantees. Basically, STO's are improved ICO's that are regulated, safer and more stable than ICO's.
KICKICO IS A REVOLUTION RE-INVENTING ICO
KICKICO is an online blockchain technology-based platform for fundraising in cryptocurrencies. It earned the "ICO of the Year" title from BTC CIS Awards in 2017. Today, KICKICO community totals over 55,000 people, and the KickCoin is traded on ten major crypto exchanges. The platform has helped launching more than 20 projects resulting in successful ICOs with 250,000 ETH in total funds raised, including Micromoney, Hacken, Universa, Playkey, INS and others
KICKICO is determined to spearhead the revolution of fundraising globally by offering exceptional and unmatched services in its ecosystem. The services are;
A state-of-the-art exchange (KICKEX)
The idea behind the exchange is to allow Security Tokens trade easily and utility tokens side by side. By trading security tokens large investors will have no fear in investing in startups due to the presence of legal backing. As a result, there should be a large inflow of institutional money. The exchange will support a bunch of other currencies like ETH, XLM, USDT, TUSD, ADA, ZRX, DOGE, XMR, EOS, LTC, DASH, XRP, NEO, NEM, KICK, and WRL, with 100% commission-free for traders, makers, and takers.A white label token sale solution (KICKDESK)
This system makes it easy for Startups to run their ICO or STO on their own website, retaining all traffic and keeping their branding and style intact as opposed to the traditional system of running ICO's on another platform.A unified login system (KICKID)
Kick ID is like the master key that grants access to the entire KICKICO ecosystem. This eases participation in ICOs, as opposed to the traditional system of ICO's where identification documents are required for submission for taking part in each ICO. With KICK, users only need to be verified one time.Multi-currency wallet (KICKWALLET)
KICKWALLET offers lite-exchange functionality that can be used to quickly buy and sell, send and recieve crypto. It is integrated with the entire KICK ecosystem and accepts all KICK currency. It is also used to participate in ICOs and it also supports integrating external wallet private keys, which are securely encrypted, for quick account balance top-ups.Crypto payment gateway (KICKPAY)
Are you an online merchant, KICKPAY is for you, with a simple cryptocurrency payment gateway that lets online merchants easily get paid in crypto.Ad network integration (KICKCPA)
KICKCPA enables CPA (cost per acquisition) ad networks to deliver traffic to any service in the KICK ecosystem, such as KICKICO, KICKEX, WHIRL, and others. Eventually, KICKCPA will evolve into its own standalone CPA network.A referral network (KICKREF)
An interestng system of referral where referral links can be more personalized to suit the ICO campaign, unlike the traditional ICO system.A comprehensive app (KICKMOBILE)
Kickmobile is an excellent mobile app that combines full ecosystem functionality with expanded features like news, articles, chat, and portfolio tracking.KICKMOBILE has every feature from KICKICO, KICKEX, KICKID, KICKWALLET built in for quick and easy mobile access. It can also be used as an alternative to chat apps and supports direct messaging, groups, KICK support, and ICO/STO owner support.New exchange pricing innovations (AICO and IECO).
AICO, Auction-based Initial Coin Offering is a concept invented to give ICOs a fair pricing by auctioning the ICO based on bid rather than having a price that is over or under hyped.
With these listed incorporated services, I personally think KICK is geared up for a revolution.
Now the sweet part....
KICKICO IS OFFERING AN AIRDROP AND A COMPETITION. WHAT YOU NEED TO KNOW
KickCoin (KICK) is a cryptocurrency token issued on the Ethereum platform. It is the native currency for the KICKICO ecosystem. According to coingecko KickCoin price for today is $0.00255317 with a 24-hour trading volume of $1,931,224.
In the mood of celebrating the listing of KICK coin on the Trade.io exchange, they will be airdropping a total 4,000,000 KICK and hosting a competition of 3,500,000 KICK for traders with the highest trading volume(including buy and sell).
For the Airdrop
1,000,000 KICK will be distributed proportionately to each liquidity pool member on June 22nd, 2019.
3,000,000 KICK to KICK holders — This is simple! The more tokens held, the more tokens received during the snapshot of the airdrop, so why not get an handful now.
For Trading Competition
The rewards for the trading competition are split as depicted in the image below. 10 winners will be selected and they will receive their prize between 8th and 9th of July.
The competition will commence on June 21st at 10:00 AM EST and will end on July 5th, at 12:00 AM EST.
Don't miss out...
Thank you for reading.
All images are from kick medium
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DISCLAIMER
This is not financial advice, nor a guarantee or promise in regards to any result that may be obtained from using the above content. The information provided here is for informational and entertainment purposes only. It should not be considered as financial and/or investment advice. No person should make any kind of financial decision without first consulting their own financial adviser and/or conducting their own research and due diligence.