Why invest in KahnChat ICO?
Here are some other reasons why KahnChat ICO is the best ICO to invest in 2018.
Imagine a social networking app where you can not only chat and socialize with people but also you can send money, make transfers and even pay for your purchases, and not just with Fiat currency but also with cryptocurrency. How cool is that!
The KahnChat social networking and mobile payment app has all the features mentioned above and then some more. There is a separate digital wallet where users can manage their KCH tokens and use them for trading on stock exchanges and to buy things online/offline.
Strong Revenue Model
The company plans to generate its revenue from mobile payments. Mobile payments is a rapidly growing industry, especially in the UK and the US. Both online and card-based mobile payments amount to billions in revenue for the industry leaders. Those, who are already involved in this sector, are earning huge sum from their mobile investments.
The KahnChat’s mobile payment target is 1% of the market share which is more than sufficient to produce a huge return to each of the ICO investors.
So, the reason you should consider investing in the KahnChat ICO is that it is based on a practical and futuristic concept and will surely grow up.
Furthermore, the company is also giving attractive bonuses (up to 50%) to their early sale buyers. The earlier and the more you buy in the sale, the higher will be your profits.
The key to choosing a great ICO for your next investment is – gather as much information as possible about the company and the project, write down the important aspects, compare the positive and negative, and make a thoughtful decision.
Kahn technology Ltd is working on developing a mobile payment system integrated with a social media app. This development will commence as soon as the ICO campaign is concluded. Kahn Technology Ltd believes that the future of blockchain technology holds so much potential as a medium for data storage and plans to set up a complete social based digital wallet, KahnChat app, the first prototype of which will be released by mid-2018. The prototype will enable users to experience the app’s workflow while the development team works on developing the main version of the KahnChat app for a future release.
The KahnChat app can be used as a mobile payment platform for paying bills, fund transfer and making payments for orders, and as a social media app for messaging via text, voice and video, user-story sharing and for increasing the fan base and followers of a business or a public figure.
The app also allows users to top up their wallet account balance with fiat currency or cryptocurrencies like Bitcoin or Ethereum. Buying cryptocurrency with the app will be made possible using a debit or credit card or by transferring funds from a bank account.
The ICO (Initial Coin Offering) is the first step in our effort to offer a highly-optimized and secure cryptocurrency based mobile wallet solution to our users. We will be holding pre-ICO and public ICO sales in order to raise sufficient funds for the development and marketing tasks of our project. Continue reading to know more about the ICO, its purpose, benefits, features, and timeline.
What is KCH Token?
KCH is a virtual currency (cryptocurrency) associated with a mobile payment system that also integrates a social media platform.
Mobile app: The KahnChat app is a complete mobile-based payment system integrated with a social media platform where users can send messages via text, video, audio, images and more, and perform online transactions such as fund transfer, bill payment, online shopping, etc.
KCH Token: It is virtual currency that can be purchased and exchanged through KahnChat wallet and can be used for performing online purchases and transactions at supported merchants, same as the bitcoin.
The Problem
The social media penetration has changed the way people live; now the same shift is happening in the way people make payments.
The user needs a mobile payment solution which allows making fund transfers without knowing the recipient bank account details, making virtually unlimited payments, communicating with the seller/company/artist/services, and more. All this without the need to download multiple apps or interact with slow websites.
The user needs an All-In-One app that takes the very best of other existing apps and combines them with more features aimed at simplifying the daily life of the user.
The Solution
KahnChat app is a perfect digital payment solution for all user demands. It has a number of features, including:
Making payments digitally in cryptocurrency for shopping at any online/offline store
Transfer of funds to any KahnChat user
Sending text messages
Chatting via voice or video to single or multiple parties
File sharing and a lot more.
There are also a number of user-specific features including the option to add friends from the address book or by scanning a person’s QR code. Users can share stories and updates including pictures and videos with optional further engagement through comments. Users will be able to create groups, invite friends to groups, follow famous artists by scanning his or her public QR code for latest updates and news, and more. Basically, it is a complete social networking app with the facility of integrated digital payments.
The Vision
People have been using social networking apps for some time now, and these apps have proven to be an amazing way to connect with friends, family and even with strangers, and share thoughts (and text/images/audio/video) with them. Digital wallets are also becoming quite popular as a way to make cashless transactions and send money with a simple click. Our vision is to combine these two amazing features and present them in a single app such that users can make payments, transfers and shop while chatting with friends and performing other social tasks in the app. Combined with the power (and security) of Blockchain, this idea has the potential of producing something that will not only be monetary beneficial but also very useful for the end user.
Simplified Digital Payments
Since the KahnChat digital wallet accepts fiat currency as well as cryptocurrency, it makes possible for the users to cash in their cryptocurrency into the KahnChat wallet and use it for purchase, transfer or withdrawal.
Benefits from Token Sales
Users will get KCH tokens in exchange for their investments in the ICO project. This will work as the investor’s share in the project as well as in any profit which is made from this particular project.
The value of cryptocurrency, as you can witness from the market, is bound to increase over time. Users can choose to sell their tokens at any time for real currency as and how they see fit.
For instance, 1 bitcoin which valued about $1,000 at the beginning of 2017 increased to about $19,000 by the end of 2017. That’s 19 times growth. It is possible for any cryptocurrency and this is how you can benefit from purchasing our tokens.
Other token benefits include transparency in uses of funds, anonymity in payments and transfers, ease of buying and selling online from anywhere, decentralization of the funding process, non regulation with any government, no effect of any political or economic disasters, higher tangibility, diversification of the investment portfolio, and no connection from the economy or the stock market.
The various feature of the KhanChat include:
• Mobile payment
• Fund transfer
• Cryptocurrency exchange
• Messaging
• Voice chat/message
• Video chat/conference
• File transfer
• Personal/Business page
• Private/Public group discussion
• Life moment sharing
• Blogging
• Live stream
• Mobile games
KhanChat can be used for several applications which include:
- Restaurant
- Pubs
- Beauty salon
- Entertainment
- Fashion shop
- Various types of supermarkets
- Logistics
- Takeaway
- Taxi
- Equipment rental
- Online shopping platform
- Commercial payment
- Business transfer
- Customer service platform
- Business news push
- Discount coupons
ICO Sales Schedule
On February 1st, 2018 at 00:00:00 GMT the Distributor will offer a maximum (fixed limit) of 20,000,000 KCH tokens (approximately 25% of all KCH tokens if the maximum limit during pre-sale including bonus is reached) in a pre-sale event before commencing with the ICO to the general public. This is to let strategic investors participate, 3 days before the sale to the general public starts.
On February 4th, 2018 at 00:00:00 GMT the Distributor will offer a maximum (fixed limit) of 44,000,000 KCH tokens (approximately 55% of all KCH tokens if the maximum limit during pre-sale and ICO to the general public including bonus is reached) for sale to the general public.
There will be a cumulative maximum (hard capped limit) of 64,000,000 KCH tokens (including bonus) in the KahnChat Pre-ICO Sale and ICO to the general public combined. The total amount of KCH tokens distributed during the pre-sale and during the ICO to the general public will constitute 80% of all KCH tokens. The remaining 20% of KCH tokens will be distributed among the advisors, bounty team, development team and partners.
About KahnChat
Kahn Technology Ltd is incorporated in the United Kingdom with the registration number 11073626 and registered address as Kemp House, 160 City Road, London, EC1V 2NX. Its main business focus is business and domestic software development. Kahn Technology Ltd team members come from different management and software engineering disciplines. Our common faith in cryptocurrencies has brought us all together. We are all strong believers in the future of blockchain technology and we love being part of this growing community!
We are committed to creating a fully professional, legal, and qualified social media app and global payment system based on the blockchain technology through our cooperation with third parties, other blockchain communities, developers, and financial institutions.
As a team, our main goal is to innovate the experience of using social media and virtual currency in everyday life by incorporating it into social media, network, payment and Internet industries, gaming, product management, business, and finance.
Our foundation, therefore, is the perfect ecosystem to build, foster, and bring real world social media application called the ‘KahnChat App’ into Blockchain technology. Given the current terrain in social media networks and payment platforms, there are a lot of social media platforms and payment industries that are now in circulation and which base their application on the Blockchain systems. Hence, the present market relies on the peer-to-peer payment transfers with proof of security and transparency.
Meet the team
For more Information please visit
KahnChat website: https://www.kahnchat.com/
Whitepaper KahnChat: https://www.kahnchat.com/docs/KahnChat-Whitepaper-v2-en.pdf
Facebook: https://www.facebook.com/
Telegram: https://t.me/kahnchat
Author: Tosin David
BCT Profile: https://bitcointalk.org/index.php?action=profile;u=1180815
ETH Address: 0xccb98e6af2b1dbe621fbac6b48e6e98811fe1243