“The best way to find yourself is to lose yourself in service of other”, mahatma gandhi
As all we know, survive is the most primal instinct of living being, including human. That has been major “inner voice” that courage organisms to multiple and flourish.
To survive we need food and water, as they are the source for our energy to live. That’s why even the most primitive humanity hunt and gather food even they didn’t have developed proficient civilization.
Now, we cultivate or simply buy food or water to sufficing our daily need, but the essence is still the same, we need for food and water.
Sadly, the food distributions nowadays is not good as we expected, there are place that so much food until they can’t eat it all, and ironically is there are much more famine region.
Kora
Kora is a popular musical instrument in the Western/Eastern region of Africa frequently played in songs of celebration, or to pass a message of hope. Kora is also a project of hope for billions of people who are underserved by the current financial system.
Do you know, it is estimated that 2 billion adults worldwide don’t have a basic account.
Barriers to account-opening include distance from a financial service provider, lack of necessary documentation papers, and lack of trust in financial service providers.
We believe existing platforms fail to address users’ lack of access to electricity, the Internet, or capital to afford a smartphone as well as lack of understanding around technology and finance.
Accessible by SMS/USSD on feature phones or with Internet via a mobile app and powered by blockchain technology, the Kora Network is expected to lower the cost to serve for lowincome populations and brings them into the global economy. Kora aim to free the trapped capital, intellect, and creativity of the long tail through selfsustaining, community-owned ecosystems.
Community Value Networks
Kora aims to empower instead of displacing existing communities. Communities already providing ad hoc financial services will join the Kora Network as Community Value Networks (CVNs). CVNs can be utilized for a variety of use cases, for example :
•FARMING COOPERATIVES
Farming cooperatives can use a CVN to ensure the proper use of funds when buying commodities, selling produce and distributing proceeds.
•SAVING GROUPS
Saving groups can use a CVN to securely pool capital in eFiat and govern the use of that capital.
•NATIONAL TRADE UNIONS
National trade unions can set up CVNs both nationally and as local chapters to establish anticorruption practices and operational transparency.
Kora Network Token (KNT)
The native Kora Network token will be referred to as “Kora Network Token” or “KNT” and will be used as the staking unit for selecting block producers, as well as a single medium to pay for costs incurred by the Kora Network. Holding KNT equates to having a partial role in the Kora Network.
Use cases
- Money transfer and payments
- Lending and loaning
- Agriculture
- International distribution of funds
“Be the change that you wanted to see in the world”, Mahatma Gandhi
Project’s timeline and ICO
Now, they are collecting funds to keep their project active. But they are not idling when looking for funds, they are also launching beta test with 300 farmers in Nigeria.
Please note that Funds raised during the Token Sale will be used solely for the research, development, and growth of the Kora Network. The Use of Funds will be monitored by the Board of Advisors, and they expect to use the following structure when operating Kora’s project.
About ICO
Token = KNT
Price = 1 KNT = 0.10 USD
Bounty = Available
Platform = Ethereum
Accepting = ETH
Minimum investment = 5000 USD
Hard cap = 24000000 USD
Country = Hong Kong
Whitelist/KYC = KYC & Whitelist
Restricted areas = USA, China, Korea
For more information, click https://www.kora.network
I want to participate
You can participate in their ICO campaign by clicking https://bountyhive.io/join/Kora%20Network