KENCOIN – AN OVERVIEW

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Hello lovely steemians! I trust your steemit life is going just fine. Well, here I come again with yet another ICO review, but this time one that would set some eyeballs rolling in their sockets. Lol!

So what project am I reviewing this time?

Well, it is no other than kencoin, the new blockchain project that offers complete anonymity for adult entertainment.

Now you get it. So let's go into the discussion proper.


What is kencoin?

Kencoin is a project like most others on the blockchain. And of course we understand that each blockchain has its own unique purpose. So quite unlike most of those other projects out there, kencoin is a project/cryptocurrency that offers complete anonymity for persons in want of adult entertainment. It is an anonymous cryptocurrency which would be used for a secure and private transactions in adult the entertainment sector to protect the identity of consumers.

Now why the project? Why kencoin foundation?

Those who frequently patronize adult entertainment sites such as dating sites, etc would readily understand that visiting such sites can put them in serious fix especially with their loved ones/relations. At times it can even jeopardize their real life relationships if care is not taken. In other words, every consumers - more than the vendors/merchants - in the adult entertainment industry wishes to preserve utmost privacy in their transactions. But as it turns out, this is often a serious challenge in the industry especially when it comes to making payments for goods/contents purchased (for then consumers would have to give out personal information such as their credit card details in order to have their orders executed. This dilemma often results in the consumer dropping such transactions for lack of a safe and anonymous means to make their purchases. Obviously, this is not good for the smooth running of the adult entertainment industry. In fact, it is a serious hurdle that immensely jeopardizes its growth despite its potential.


Kencoin steps in to resolve this dilemma in the adult industry by offering a system of anonymous transactions. The project totally addresses the need for anonymity in the adult entertainment industry such as dating sites. Kencoin would be a global payment system in the adult entertainment industry, one that single handedly addresses the need for anonymity in the industry as well as the financial barriers/restrictions that users in some parts of the globe encounter in making transactions online.


So quite unlike most crypto coins out there which are generic in nature, kencoin has its specific uses and it is restricted to the adult industry. Kencoin would be used by the adult entertainment providers and their consumers thus, it would be recycled around the one industry unlike most cryptocurrencies. By so doing, the kencoin project/foundation aims to encourage a wide adoption of blockchain technology and cryptocurrency among adult entertainment providers and their consumers, a very good move in this blockchain era.


Having the adult entertainment sector as its target thus implies that kencoin would be used on dating sites and other websites with adult content. It would also be used on some offline merchants’ locations such as night clubs with similarl purposes. In both cases, the coin would be anonymously used to make purchases, settle bills, etc.


To foster a fast adoption of the kencoin and by extension the blockchain technology in the adult entertainment sector, there’s a user advantage program in place which would ensure that users get discounts on all purchases done with the kencoin both online and offline (ie at merchants’/partners’ locations). These merchants would all be equipped with apps to enable easy receipt of payment made by kencoin users anywhere they find themselves.


The kencoin project has good and experienced team and it has already partnered with many vendors it the industry both on and offline. The kencoin project has good potential and I’m sure you wouldn’t want to miss the flight...


In our next discussion on the kencoin project, we will be looking at some of its features (such as its wallet, etc), the coin itself, it presale and ICO, as well its marketing strategies and hopefully, the team behind the project itself. Do stay tuned to this blog.


Meanwhile, for more information on kencoin foundation, do visit their official website at https://kencoin.org

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