Kimera is a group which is aims to move humanity forward by developing Artificial General Intelligence (AGI) with the help of Blockchain technology. For developing researches and meeting other expenditures Kimera intends to raise its funds. Kimera is going to offer its coin Kimera token to the purchasers during Initial Coin Offering (ICO) for raising its funds. The Kimera ICO starts in June, 2018.
KIMERA TOKEN:
The symbol of Kimera token is KIMERA and it is an ERC20 (Ethereum) standard token. Total 2,000,000,000 token will be issued by Kimera. 1,000,000,000 tokens will be available during ICO. 7,900,000 tokens are already sold out during private sale. 25,000,000 Kimera tokens will be offered for promotional pre-sale and 467,100,000 tokens are going to be offered for public sale.
DISTRIBUTION OF KIMERA TOKEN:
Among the total amount of Kimera token, 50% will be distributed in ICO, 20% for team, 5% for ICO partners, 20% for Nigel funds and 5% is blocked.
DISRIBUTION OF FUNDS:
Among the raised fund, 22% will be allocated for acquisitions, 3% for infrastructure, 62% for operations and development, 8% for marketing and 5% is allocated for legal procedures.
ADVANTAGES OFFERED TO TOKEN HOLDERS:
Kimera token holders will be offered two unique privileges by Kimera group-
- Kimera token holders are eligible for nominating and voting on candidates for Kimera’s Board of Directors. Two seats in the Board of Directors will represent Kimera token Holders. Thus token holders will have a voice on the Board.
- Kimera expects that AGI is going to be the most precious technology created by mankind. So, with the development of Nigel AGI, the intellectual property will grow and the value of Kimera token will also grow.
INITIAL COIN OFFERING BY KIMERA:
Kimera aims to develop the ‘gold standard’ for iCOs. It intends to build utility tokens and these tokens are considered as securities. Kimera tokens are distributed in several stages of ICO. If an investor is from US and he qualifies under Rule 506© of Regulation D, he can be a part of private pre sale. Foreign investors, who qualify under Regulation S of the Security Act of 1933, can also participate during this stage. These investments will be conducted under Simple Agreement of Future Tokens (SAFT). During pre-sale, only non-US investors can participate who qualify under Regulation S. During public ICO, US residents can participate who qualify under Regulation A+. SAFT can be converted into Kimera token during this period. Foreign investors may purchase Kimera token during this time who qualify under Regulation S. Two seats in the Boards represent all token holders. The company checks the background of all token holders.
RISK FACTORS:
Kimera tokens are regulated as securities but they are intended as utility tokens. According to the Securities and Exchange Commission (SEC) of US, any particular series of token will be a security depending on the facts and circumstances of token and Initial Coin Offering. A participant of
Kimera ICO should have knowledge about Cryptocurrency and Artificial Intelligence that are recently developed. Before participating in
ICO , one should know about some risk factors. These are -
- There are significant risk regarding the knowledge of Nigel and its market.
- Kimera cannot provide any guarantee of income or profit to Kimera token holders. But Kimera is very hopeful about making profits and raising value of Kimera tokens with the advancement of their technology. The value of tokens changes depending on the performance of Kimera’s platform or the performance of Nigel.
- Nigel does not have any established market value yet and may never come around as a commercially lasting business.
- Kimera token is an immaterial property that is not equity in any company and they cannot carry any voting rights in other companies.
- There are also some risks related to Ethereum Blockchain and other software and technology.
- Trading of cybercurrency is unregulated in general but Kimera is looking forward to solve this problem.
AIM OF KIMERA:
Our current economic model disproportionately benefits only the wealthy people. By using Artificial General Intelligence and
Blockchain technology, Kimera aims to solve this problem and move forward the humanity. Kimera’s AGI is a computer algorithm which has the ability to imitate universal general intelligence. Kimera has developed a general theory of intelligence. Our society is going through technological and societal advancement. But in spite of all these developments we struggle to overcome challenges like poverty, diseases, unequal allocation of wealth and power and so many other problems. Kimera aims to develop intelligent things which will understand each individual, surround them, realize their goals and help them to achieve these goals. Kimera’s goal is to make human life easier by providing them the help of AGI. The middlemen companies like Google, Google Play Store, Uber, Facebook etc. has flourished because they are the only means by which users can get the data they want. Thus these middlemen companies are gaining over 4 trillion USD annually.
Kimera is looking forward to integrate AGI for peer to peer connection in device and network level to eliminate the necessity of these middlemen companies.