Most of you might know Kim Dot Com. He was well known as the founder of MegaUpload.com and subsequently his arrest resulting from this site.
He has been fighting the US Government over his extradition and legal case surrounding MegaUpload.com. He has also recently been part of a documentary about his situation:
Roll on the tape 10 years. Kim is about to launch K.im and Bitcache. The demo has been launched today and from what I have seen this will really takeoff. Kim is a marketing genius and also a visionary.
Concept:
The general concept of Bitcache is that it provides an online reward structure for the mass online storage solution Megaupload 2.0. By linking every file transfer to a small bitcoin microtransaction, the Bitcache system provides a feedback mechanism to users with a value associated with each download.
Bitcache is designed to overcome the scaling limitations of blockchain technology which restrict the number of transactions the bitcoin network can handle.
User privacy will be protected using encryption.
Taken from https://en.wikipedia.org/wiki/Bitcache
The public will have the opportunity to be part of this ICO very soon. This isn't just another run of the mill ICO, this is a man who has a point to prove and the knowledge and power to make it work.
Users will sign up for a Bitcache wallet. Anyone can go on K.im and upload whatever files they have and name their price. They share the link and get the funds direct to their wallet. They can also take widgets from the website and embed them wherever they want.
YouTube users can also add their wallet details and receive microtransactions for delivering their content.
The user interface is simple and easy to use. The wallet is simple and easy to use. Kim has already pointed at this being a top 50 website in the world in 2018. Also has plans to IPO on the stock market. Yes, not and ICO an official IPO.
I see great potential in this ICO for early adopters and believe Bitcache will be a huge success.
Follow Kim Dot Com on twitter for more details: https://twitter.com/KimDotcom/
Great news!👌
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks, I'll check it out.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I have been searching for info on Kim's project. Thanks for posting, well written.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
where is the share button ?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @keavenen! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit