ICO Announcement: KENCOIN (KNC) The first adult industry dedicated cryptocurrency
For the vast majority of people in modern society, privacy and luxury go hand-in-hand. This has become truer than ever before, now that many companies treat customer data as an asset to be monetized. Tech giants like Apple, Facebook, Google and Twitter have all built their fortunes by making our private lives public –and many people have willingly given up their basic right to privacy, with hardly a second thought. Important Links: Website: http://www.kencoin.org Facebook: http://ift.tt/2tqdVab Youtube: https://www.youtube.com/channel/UCpM27eGDYuos_RD__ucgaUA Come talk to us on Slack: http://ift.tt/2vBv3Hk What is the Kencoin? Kencoin is an industry-specific cryptocurrency, targeting the adult entertainment sector. Our mission is to serve as the standard currency for anonymous, safe transactions in all sex and dating-related purchases. Users’ desire to preserve absolute privacy creates major hurdles for businesses in the adult sector. Many prospective customers visit websites that fulfiltheir fantasies, only to drop out of the signup/payment process at the moment the website asks for personal or financial details. Thus, ownersof adult websites lose a significant amount of business every day, simply because their users lack a safe, anonymous way to payfor the content they want. Kencoin solves this problem in one stroke, with a completely anonymous cryptocurrency that leverages blockchain technology to provide users with anonymity and pleasure, privacy and secured transactions, while delivering previously unreachable alpha to adult industry merchants. Throughout the past year and up to the present, the Kencoin team has established solid working partnerships with the industry’s leading adult websites, as well as recognizable offline physical locations, all of which have responded with a very positive welcome, and are expecting a significant potential increase in volumes as a direct result of their adoption of this technology. The Kencoin team is dedicated to continuing its business development efforts. Team members regularly attend industry events, stay up to date on new trends and popular vendors, and promote Kencoin to an even wider audience, which continues to grow every day. Kencoin vs Bitcoin Bitcoin is a generalist cryptocurrency. In other words, its use and adoption have spread accross many verticals and industries. It has a wide range of global uses, and will continue to develop further. Kencoin, on the other hand, is industry-speci c. Its purpose is to be constantly marketed to all partner and merchants in the adult entertainment sector, as well as their consumers. As a result, Kencoin will be recycled through the industry, creating wealth for industry service providers. By encouraging the ownership and use of Kencoin to customers worldwide, the adult industry will create a reservoir of Kencoin wealth that is bound to come flowing back to the industry itself. The Kencoin marketing team, with their vast experience in the online gaming industry, have already started working to propagate Kencoin adoption among to a large network of online and offline merchants, including content and merchandise providers, by demonstrating the bene ts of transactioning with Kencoin for merchants and clients alike. Feedback from early adopters and partners has been extremely positive, and we foresee broad and exponential adoption across the industry. ICO, Timeline, Terms • Kencoin is a token on the Ethereum platform. Its design follows widely adopted token implementation standards, making it easy to manage using existing solutions, including Ethereum wallet. • Purchasers in the initial sale will acquireKNC in exchange for Bitcoin (BTC) and Ether (ETH) at the USD value of each investment at the time of investment. •Each initial coin offering (ICO) investor who contributes will receive an amount of tokens proportional to the amount they deposit into the crowdsale. • Purchasers of KNC in the initial sale will be granted user accounts on the Kencoin website. These accounts will enable them to claim their purchases at the end of the initial sale. • All KNC presold in this manner will be created on the Ethereum network after the end of the initial sale. Tokens generated to Kencoin team will be held ina multi-signature wallet. No token creation, minting or mining will take place after the crowdfunding period. Tokens will be transferable and listed on exchanges once the crowdfunding is completed.
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