Highlights:
• KALI Coin - ICO Private Sale starts Feb 13 at 9 PM India Time
• KALI Coins will be offered at USD 0.02 in private sale – more than 50% discount to main ICO Price; Minimum investment of USD 1000 equivalent crypto currencies (BTC/BCH/ETH) in private sale
• CoinRecoil aims to eliminate limitations that Indian and international users are facing today while trading in Crypto Currencies.
• Investors of KALI COIN ICO will enjoy zero brokerage charges for one full year, privilege trading & customer services
• Total supply of KALI Coin kept at 200 million (100 million Pre-mined and 100 million minable)
KALI COIN Initial Coin Offering (ICO), with its unique country specific FIAT-TO-CRYPTO EXCHANGE business model is set to transform the trading in crypto currencies with its first exchange – CoinRecoil to be launched in India. CoinRecoil aims to eliminate limitations that Indian and international users are facing today while trading in Crypto Currencies through superior IT, Tech and customer service infrastructure and offer hassle free trading and investment in crypto currencies.
CoinRecoil will have browser and mobile apps for its users. This will enable them to buy, sell, send, receive, or store all the supported crypto currencies. Other crypto currencies shall be added based on market demands.
“The aim is to make CoinRecoil - the first choice for anyone who thinks of trading or investing in Crypto space by offering them fundamentally strong coins along with best exchange features. Our token crown sale - KALI COIN is an opportunity for investors to participate in the growth journey of our exchange platform. Investors of KALI COIN ICO will also enjoy zero brokerage charges for one full year, privilege trading & customer services among others. KALI coin will be used to pair new coins that we list on our exchange, apart from the major coins mentioned in White paper. In addition all new coins shall be paired with KALI. In addition, we will be buying back and burn KALI coins every year from our profits. We will reserve 20% of our net profit every year for this purpose,” said Mr. Kunal Barchha, Co-Founder, CoinRecoil.
Crypto trading exchange offers huge potential in India but it is not easy to operate as it requires lot of resources in addition to the risk and uncertainties. Recently many exchanges have stopped accepting new registrations and at times of heavy volumes, their entire exchanges were lagging to cop up transaction volumes. In addition, due to increasing traffic, support staff is always overloaded and people have to wait from few days to few weeks to get their ticket resolved. The only solution to this is to have few more exchanges but with a different business model – this is how idea of CoinRecoil was born.
“Many exchanges offer only crypto-to-crypto trading pairs which leaves new investor with very limited options to enter the crypto space. For this reason, KALI Coin’s CoinRecoil exchange can be a game changer in coming years. It is designed with a unique country specific approach with FIAT-TO-CRYPTO model. KALI Coins will be offered at USD 0.02 in private sale - 50% discount to main ICO Price; Minimum investment of USD 1000 equivalent crypto currencies (BTC/BCH/ETH) in private sale,” said Mr. Gopal Modi, Co-founder, CoinRecoil.
CoinRecoil will operate on international level. That means, anyone from any country can sign up and start trading in crypto currencies. It also aims to have exchanges registered in different countries with resources dedicated to that specific country. Resources include, dedicated IT infrastructure for respective country, dedicated sales and customer support staff, etc.
Total supply of KALI Coin kept at 200 million (100 million Pre-mined and 100 million minable). Out of the total 100 pre-mined tokens, 15 million will be offered in the private token swap, 35 million in Pre-ICO, 30 million in the public ICO while the rest 20 million will be with the founder promoters.
For more details, please refer to our website https://www.kalicoin.io/