Why we need to democratize and control Initial Coin Offerings?
On about an average of 17 per month are raising crowd funding program last year, to which, only 48% went successful and about 81% are Scam after review.
On this, only 8% are successful enough to enter exchanges and continue.
There is no way we can deny, the year 2017 is the ICO year.
But not all ICOs are operating in good faith, while conducting crowd funding and after.
Some ICOs became silent and in most cases disappeared.
It's true that the crypto investing is becoming bigger and famous,
but behind this lustrous and lucrative new type of investment,
scamming, hacking and money laundering scheme is increasing as well.
As a result, social media giants like Facebook, Google+, Twitter etc. are now banning and limiting all cryptocurrency related advertisements and high return investment type to its platform.
Different country also take actions to regulate cryptocurrency and call it a treat to financial growth and banking system.
In hope to bring back ICOs reputation,
Ethereum founding father Mr. Vitalik Buterin suggested the creation of the DAICO — combining the traits of the DAO and ICO.
Cryptocurrency investment is ever-changing the whole currency investment landscape and DAICO features are essential to make ICO hold accountable
But before the introduction of the DAICO and made public on January 2018,
KAICO is already conceptualized since the creation of CryptoKami as early as 2017.
This concept acts the same as DAICO but with more features and option to offer.
KAICO is one of the main application of the CryptoKami Blockchain, conceptualized by Hiroshi Kobayashi.
KAICO vs DAICO
What is CryptoKami?
CryptoKami is heading to be the fourth generation blockchain technology the crypto world is waiting,
It is a Decentralized Reserve System in partnership with financial sector to regulate its own cryptocurrency and works like the ethereum platform but with more features and options.
Features such as the Open-source Cardano (Ouroboros proof of stake algorithm) together with the Kami's team invention which make CryptoKami platform the next generation of Cardano, in fact, the whole CryptoKami Blockchain ecosystem is set up on this algorithm.
CryptoKami is using some of Cardano features such as POS open source in on-chain and cross-chain transaction processing, which will work with CryptoKami's own inventions; Comreme Algorithm and Regulatory Contract to improve and get the upgraded version of Cardano.
Comreme Algorithm and Regulatory Contract
One of the reason why CryptoKami is revolutionary is because of its team that works to make our slow-growing financial situation faster to compliment to the worlds evonomics or Economic Evolution.
While most blockchain builder such as Bitcoin, Ethereum, Stellar, Cardano etc. focusses on transaction processing,
CryptoKami focuses on something that is sustainable and has a future use and value, using its own invention to allow automatic regulation of the supply and demand of KAMI tokens circulating on the CryptoKami platform.
The Comreme Algorithm and Regulatory Contract made by CryptoKami to serve as core technology to make the fourth generation blockchain technology dream coming to live.
KAMI Token and KAMIs
CryptoKami token name "KAMI Token" is a Standalone Blockchain Cryptocurrency Token that is build on purpose to serve as the main backbone of the whole CryptoKami Platform,
KAMI Token is third generation blockchain standard token that is under the Comreme Algorithm and Ouroboros POS.
It is available to store in PC wallet: Windows, Linux and Mac or in Mobile wallet both Android app and iOS app. It is available to store in CryptoKami's E-wallet system as well.
Another token CryptoKami has is KAMIs
What it is, it is a Token intended to use as payment for bounty participants in assurance to make the whole KAMI Token away from possible inflation after exchange listing, which is very common now.
But to go back in KAMI,
One of the main features of having KAMI Token is because of Limited Supply which is secure at 210 Million KAMI Tokens, Massive Demand and Self-Growth Engine of KAMI Token.
Under Compulsory Reserve Mechanism based on Comreme Algorithm via Regulate Contract, CryptoKami will ensure that the supply will decrease over time.
Demand of KAMI Token have in prospect to increase this is due to the fact the whole CryptoKami platform is under one cryptocurrency and that is KAMI,
all business, end users, holders, traders and bank institutions who like to use the platform are demand to use KAMI.
Having a fix supply for KAMI Token is very important for the continual growth of Token value.
CryptoKami CrowdSale — ICO
CryptoKami is inviting all different types of investors in the field of finance, banking etc. to take part on the Initial Coin Offering conducted by the CryptoKami team to help the continual improvement and development of CryptoKami system.
ICO Details
45 Million KAMI Token is available for ICO crowdsale, to take part, go to CryptoKami website and sign up,
About sign up issues, you can use chat button available inside.
KAMI Token Supply Details
The total KAMI supply is 210 Million coins, to this,
- 45 Million KAMI Token for ICO CrowdSale
- 10 Million KAMI Token for Bounty Program
- 25 Million KAMI Token for Reserve
- 10 Million KAMI Token for Venture Investors
- 10 Million KAMI Token for Development Team
- 110 Million KAMI Token for Mining
Graphical Info below:
For Bounty Program CryptoKami creates a secondary Token "KAMIs" to prevent "KAMI Token" suffer from possible Inflation, you can exchange KAMIs and use to any available exchanges after ICO.
Further information about the difference between KAMI Token and KAMIs is available on Whitepaper below this article.
Update:
Repu Program is going to start after ICO CrowdSale and after Ethereum fix bug on smart contract, this is, to protect investors fund from possible decrease in value after exchange listing,
CryptoKami sent this update thru email as part of their information campaign,
These are some of thier message:
After the ICO,
The KAMI Token switch to the ERC20 Token,
Will list on some small exchange
Simultaneously deploy Repo program, using smart contract and support two types of ERC20 token is ETH and BNB (Binance coin)
You can talk to CryptoKami team about Repo program deployment on Telegram.
Join CryptoKami ICO CrowdSale Now!!!
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WEBSITE: https://cryptokami.com
WHITEPAPER: https://cryptokami.com/official-whitepaper.pdf
TELEGRAM: https://t.me/cryptokami
FACEBOOK: https://www.facebook.com/cryptokamipage/
TWITTER: https://twitter.com/crypto_kami
GITHUB: https://github.com/CryptoKami/cryptokami-core
MEDIUM: https://medium.com/cryptokami-kaico
YOUTUBE: https://www.youtube.com/channel/UCWLXIwlDpWbj_ldQ8WNNdmQ
BITCOINTALK ANNOUNCEMENT: https://bitcointalk.org/index.php?topic=2855966.0
BITCOINTALK BOUNTY 2: https://bitcointalk.org/index.php?topic=3186369.0
Proof of Authorship:
Writer: https://bitcointalk.org/index.php?action=profile;u=1249182
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