Kencoin- The remedy for adult content payment

in kencoin •  6 years ago  (edited)

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Blockchain is an immutable system that has solves a lot of problems occurring within the ecosystem. Blockchain technology have been rampantly increasing and eventually many sectors are getting engross to it. Blockchain technology have solved the problem of insecurity, dissemination of data, anormal payment gateway and hence, transacting with peace of mind. The transparency of blockchain technology has lead to the innovation of anonymous adult content payment.

Firstly, let recap what is an adult industry? Adult industry is said to be a business that directly or indirectly provide sex-related products and adult entertainment. The adult industry can further be categorized into two major groups; online industry that consist of porn videos, live interactions, adult merchandise, online dating while offline adult entertainments includes adult reserved venues( strip bars, adult clubs and shows), merchandise stores, escort and sex professionals.

Kencoin is a company that incentivized users to patronized adult contents with peace of mind. This company is here to bridge the gaps between the merchants and customers. A user will like to access adult content without disclosing his identity, Kencoin is here to remedy the situation, so that users will know that his information is private and store in an immutable system which cannot be hack easily ( blockchain). Therefore, users are giving the privilege to patronize any adult industry without his information disclosed.

People that like patronizing adult contents get discourage when a pop-up window displayed requesting them to enter their credit/debit card for accessing the adult contents. So, by innovation of Kencoin, this particular problem is solved. Now people can access any product related website without he/she disclosing his personal data such as credit/debit card to get access to it.

The most amazing strategy of Kencoin is that they don’t charge fees for storing KCN token and receiving Kencoin tokens. They are also usable in the physical world i.e users can pay adult contents and shows offline such as in adult reserved venues, merchandise stores and Escort and Sex professional.

The global adult industry is said to be estimated of about $20 billion USD, with $10 billion from USA. The implementation of Kencoin will adversely increase the revenue by 80-90% annually. This is a great step in elevating the revenue of the adult industry.

The partnership of most popular adult industry which includes online industry that consists of porn videos, live interactions, adult merchandise, online dating and offline adult entertainments includes adult reserved venues( strip bars, adult clubs and shows), merchandise stores, escort and sex professionals. This step will allow Kencoin to achieve its target goals.

Kencoin has a well experience professional team and marketing teams that will expand the usage of KCN tokens and partners both internet and the physical world. Furthermore, these teams are here to elevate the company and its reputation . Hence, expanding Kencoin merchant network by affiliating and targeting leading partners in the Adult entertainment world.

Division of Kencoin Wallet

Kencoin wallet is designed for users and merchandize to store, receive KCN tokens and transact within the Adult industry. This amazing step will solve the problem of insecurity and dissemination of data especially credit/debit card. Furthermore, the KCN wallet is classified into two category; spending wallet and merchant wallet.

The spending wallet is designed for users to transact both online and offline adult entertainment. The spending wallet is built on Ethereum protocol. Therefore, Kencoin has given users privilege to transact within the adult industry with peace of mind, no disclosing your personal ID or credit/debit cards before accessing the adult contents.

The merchant wallet is designed to be both online and offline wallet for vendors and merchants. This wallet can receive and purchase KCN tokens. The wallet is also capable of creating multi-signature and sub-allocations. Therefore, merchants can automatically convert KCN tokens to their currency of their choice. This enhances the liquidity of the token and assuring the merchant that the amount of KCN received for payment services will match the equivalent currency of choice. Hence, protecting the merchant from currency risk.

Marketing strategy

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How payment Gateway works

The gateway is a centralized payment gateway that is based on Hadoop and Hbase which is integrated with Omid a transaction framework and SQL-over-NoSQL layer that allow fast and easier analytical access to the data. This is to ensure security of the platform and offer Kencoin as a payment option for purchasing content and services.

Kencoin token

Kencoin token with a ticker KCN, is an official utility token of kencoin. KCN is built on Ethereum . This token will be used for any transaction of adult contents within the adult industry. KNC will facilitate and enhance the transparency of Kencoin with adult industry as the only way to remedy the problems that usually surface within Adult industry.

Symbol: KCN
Total supply: 1,000,000,000
Total token to be sold: 600, 000,000

Token allocations

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ICO details

Kencoin ICO had ended since last year from 22nd Aug. 2017 to 22nd Sep. 2017. The price of each KCN was sold at $0.0657 USD. A total of 600,000,000 was planned to be sold. ( source: icobench.com)

Teams

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Partner

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For more details click on any Kencoin’s link;
Website: https://kencoin.org
Twitter:https://twitter.com/KencoinCrypto
Youtube:https://www.youtube.com/channel/UCpM27eGDYuos_RD__ucgaUA
Facebook:https://www.facebook.com/KencoinCryptocurrency/
Telegram: https://t.me/Ken_Coin
Whitepaper: https://neironix.io/documents/whitepaper/553/whitepaper.pdf

Bounty0x username: Abusadeeq6

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