Hello everyone,
This is the fourth ICO facts I'll be posting. I would like to take this opportunity to talk about Kora Network that I'm joining for the bounty program. Kora Network successfully sold out the presale and the ICO will go live on 23rd of April. The web site is https://www.kora.network/ and the bounty is managed by Bountyhive.io.
Kora is aiming to build a financial infrastructure that aims to be low cost, accessible with or without internet or a smartphone and to improve existing communities. Their main target is the needs of emerging markets.
Kora.Network will have four fundamental functions. Proof of identity is one of their fundamentals as users would have to prove who they are and the validity of their activities. The network also provides a secure storage. The funds will be protected from being stolen or devalued. Thirdly, the network will support money transfers and finally users will be able to access marketplaces for goods, services and capital through the Kora.Network.
I would like to take this section directly through their web page as this part is important.
"Kora’s key differentiator is its ecosystem.
Our blockchain stores identity and transactions, runs software modules, and connects to other blockchains while preserving user privacy. We use Tendermint DPoS as a consensus algorithm, allowing for scalability while maintaining decentralization. The blockchain is secured by the Kora Network Token (KNT).
eFiat are digital versions of national currencies that users understand and trust. They are 100% backed by cash reserves, and redeemable on a 1:1 basis.
CVNs empower users to pool capital for lending or investment, social assistance, financial education and other services.."
Now, I would like to proceed with the main purpose of this blog.
Domain registration - date; name:
Creation Date: 2017-11-06T13:22:22Z
Registrant Name: Daniel Hu
Registrant Organization:
Registrant Street: *** Stockholm Street 3A
Registrant City: Brooklyn
Registrant State/Province: New York
https://hypestat.com/info/kora.network
Corporate information - date of incorporation, city of incorporation etc.:
Kora Technologies Limited Dec-2017 - Hong Kong
https://www.hongkongcompanygo.com/hongkong?utm_term=Kora-Technologies-Limited&utm_source=2618500
CEO, CTO, chief blockchain developer - the number of followers on LinkedIn - twitter - date of joining to social media:
Dickson Nsofor - Co-Founder & CEO
Linkedin (3482 followers, 500+ connections) https://www.linkedin.com/in/dickson-nsofor-90039449/
Twitter - @DicksonNsofor - Follows 687; Followers 1035. Joined Feb 2011.
Maomao Hu - COO
Linkedin (1473 followers , 500+ connections) https://www.linkedin.com/in/maomaohu/
Twitter - @zyrumtumtugger - Follows 504; Followers 135. Joined June 2013.
Oleh Ostroverkh - Chief Blockchain Architect
Linkedin (500+ connections) https://www.linkedin.com/in/oleh-ostroverkh-089a358/
Twitter - not available / not found
Price offering at the time of steem, total market cap at the time of ICO:
$0.1 = 1 KNT - starts with 20% discount.
Tokens for sales 339,753,302 --> Mcap 33.9 M USD.
Total token supply 755,007,338.
Inflation rate per year/tokens to be burnt over years:
All unsold tokens will be burnt.
Social Media:
Telegram - As of 29 March 2018: 7.378 https://t.me/kora_network
Twitter @Kora_Network - same date: 8.738
Word Cloud of White Paper:
I hope this steem would help you decide on your decision regarding Kora.
All the best,
Q.
Kora.Network Bounty is managed by https://bountyhive.io/ . Here is my ref link: bountyhive.io/r/ozguna