you can find answers to questions you might have
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1. What is KickCity?
KickCity is decentralized peer-to-peer(P2P) protocol for event marketing which rewards it’s participants and would allow for more effective economic
event marketing without going through a centralized advertising
platform/ institution. We propose a model where the event organizer,
user promoting the event and attendee is rewarded while smart contract facilitates instantaneous, transparent and fair distribution of reward.
2. Why Blockchain?
The Blockchain technology will allow the event industry to move from a centralized system to a decentralized one, where everything becomes simpler and easier and more trustworthy;
- P2P promotion protocol will allow event organizers to save up to 50% of their marketing budget, while getting viral spread for their events, more ticket sales and loyal audience;
- No more commission to the third parties (banks and acquiring). Operations will be conducted transparently and without intermediaries;
- Thanks to the Blockchain technology, the phenomenon of ticket speculation will be eliminated;
- Purchase of tickets for events will become faster, clearer and simpler.
3. Can other event platforms use this decentralized P2P protocol?
In order to facilitate quick expansion and easy adoption, KickCity
will offer white label API technology for KCY integration to other
event platforms. We are looking at a future where KickCity is the
universal event promotion platform.
We are building an infrastructure that other event platforms can connect to and drive more ticket sales by rewarding their users and improving social interaction at events.
4. How can I use KCY tokens in the future?
KCY token can be used for:
- Buying tickets to events with discounts;
- Getting loyalty bonuses;
- Promoting events;
- Gifts to friends.
5. What is the company status?
- Y Combinator Startup School Alumnus;
- Microsoft Bootcamp Helsinki Alumnus;
- Got a Grant from NewCo & Government of Helsinki;
- Got Angel investments;
- Already generating revenue.
6. Why KickCity needs a token?
Unlike other ICOs, KickCity has products and is already generating revenue as an IT company. We are doing Token integration for the following reasons:
- Develop and utilize Blockchain technologies to disrupt the event industry;
- Get enough funds for international marketing;
- Help event industry to be cutting edge;
- Make company to expand.
7. Does KickCity has working product for now?
In KickCity we built a community-based social event platform for event organizers and attendees. For the past year, the company has focused on building communities around events, providing event organizers with tools to create, promote and monetize their events. Every user has a profile and one can invite friends to events and enjoy personalized content.
What is more, KickCity adopted artificial intelligence (AI) algorithm to show personalized content for users. We have achieved 92% accuracy on a recommendation by building a social graph of users on our platform and their activities on other social networks.
The App
- https://itunes.apple.com/app/kickcity-all-events-with-friends/id1124097475?l=en&mt=8
- https://play.google.com/store/apps/details?id=com.kickcityapp.kickcity&hl
Web
8. What are the KickCity product features?
- Vendor/organizer panel;
- Analytics & sales report;
- Attendee registration;
- Widget for websites;
- FIAT & Bitcoin ticket processing;
- Event page & mobile apps;
- User profile;
- Likes;
- Attendee list;
- Event description and contacts;
- Event video;
- Event chat & comment.
9. What is Reed’s Law?
Reed’s Law states that the “utility” of large networks can scale exponentially with the size of the network. The reason for this is that the number of possible sub-groups of network participants is 2N, where N is the number of participants.
So,
if the utility of groups being available to be joined is very small on a
per-group basis, eventually the network effect of potential group
membership can dominate the overall economics of the system.
10. Are there any constraints for the other countries citizens?
As
far as KCY — is a pure utility token, there’re no constraints, but all
contributors will be required to go through KYC-process.
11. What are the KickCity Token Sale terms?
- 250 Million KickCity Tokens (KCY) will be created;
- 160 Million KickCity Tokens (KCY) will be sold during crowd sale;
- 100 Million tokens will be allocated to the current and future KickCity team members, 70% of which, will be vested for a maximum period of 4 years;
- 140 Million tokens will be retained by KickCity Foundation;
- The percentage distribution of KCY tokens MIGHT change following forecasting on the Wings platform.
Join KickCity Telegram chat to stay tuned!Bitcointalk profile: redtrust
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