The crypto-world is the next reality and KickCity plans to connect everyone in the crypto-world through reward-based communities on blockchain. The company has been existing for more than 2 years with products that generate revenue.
Community-building is the future of social interaction. To achieve this mission quickly, the company has broken the process into 2 major stages.
1. Event Platform on Blockchain
This stage is 70% complete and already generating thousands of dollars in revenue. Users currently can buy tickets using FIAT and Bitcoins and certain ERC20 Tokens.
2. Value Communities
KickCity protocols will allow for the creation of value communities where information and content can be exchanged simultaneously without third-parties. Facebook + Slack on Blockchain.
KICK-tokens are smart standard ERC20 tokens which implement Bancor protocols, providing asynchronous price-discovery while maintaining continuous liquidity by using constant ratios of reserve tokens (held through smart contracts, acting as automated market makers).
With more people joining crypto-communities each day, there is need for a blockchain-based community platform. This will allow for exchange of information and value. A Value Network is a set of connections between individuals interacting with each other to benefit the entire group. A Value Network allows members to buy and sell products as well as share information. The nodes in a value network represent people. For the ICO- community, managing different communities in different platforms (like Slack, Telegram, WeChat etc) is a herculean task. KickCity proposes a common decentralized platform for community building for the crypto-world. Community creators can charge a fee in KICK and participants pay to join communities. 2% of every transaction goes to the reserve, thereby propping the appreciation of KICK-tokens.
With the token economy and blockchain technology, KickCity has a value advantage for it’s users such as the possibility to earn rewards and exchange value.
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LUGANO, SWITZERLAND, September 19th, 2017 – Jelurida, the development company behind the Nxt and Ardor blockchains, and Adel Ecosystem Ltd., a global self-sustained cryptocurrency community, announce today their intention to cooperate to promote the Ardor platform. Adel will implement Jelurida’s newest blockchain technology to improve the functionality of its platform, which aims to develop, support and fund innovative start-ups using blockchain technology. Adel will enable new assets and future tokens on the Ardor platform. Jelurida is responsible for developing Nxt and Ardor, whose tokens are currently trading for a combined market cap of 200 million dollars. Adel successfully raised over €1m during its month long ICO in May using the Nxt decentralised platform. The combination of integrated features, such as asset creation and decentralized voting available on Ardor, meets the requirements of Adel’s blockchain incubator.
Adel has chosen to upgrade to the Ardor blockchain for three key reasons:
- Enabling a unique parent chain and child chain architecture for project execution
- Adel’s project incubation will take advantage of Ardor’s robust voting system
- Ardor’s core-level security protects Adel’s intellectual property
Ardor is a blockchain-as-a-service platform created by Jelurida that allows organizations to create their own blockchain, known as a child chain. The child chain is secured by the Ardor parent chain and comes with a wide range of features currently found on Nxt. The main benefit of the parent/child blockchain structure is that it addresses blockchain bloat, which makes digital transactions slow. The parent chain takes care of security, while the child chain handles the operation of the blockchain. Scalability is addressed with the innovative feature, which regularly removes transactional data from child chains while still maintaining the same security guarantees. By separating security and functions into the parent/child structure, Ardor provides a more useful and scalable blockchain model compared to existing single token designs.
“We have been consistently impressed with Jelurida’s decentralized platform and development vision,” said Gabriel Dusil, Co-Founder of Adel, “Ardor’s robust security and comprehensive feature-set align well with our strategy. The Ardor platform provides an ideal environment for the Adel community to democratically vote and fund blockchain start-ups, that will disrupt traditional industries.”
“After BitSwift last month, today we are very excited that Adel decided to join the growing Ardor ecosystem and we are confident that Ardor can provide a solid foundation for Adel’s projects and vision,” added Kristina Kalcheva, Managing Director of Jelurida. “Both Adel and Jelurida share the same goals of disruption and transformation within traditional industries and look forward to supporting each other.”
Adel is a technology incubator for Blockchain innovation – Dedicated to delivering a resilient ecosystem for its community. Adel is an infrastructure aimed at developing, supporting and funding innovative start-ups using Blockchain technology. The ecosystem consists of stakeholders, community members, staff, a Project Review Committee, and the Adel Board. Its aim is to support projects where members can participate, mentor, and improve their business plans. Adel will harness Nxt and Ardor’s Blockchain as a Service (BaaS) to create a collaborative platform for developing, showcasing and funding innovation.
Jelurida (www.jelurida.com) is the development company behind Nxt and Ardor blockchain platforms. It creates customized commercial versions of these platforms while continuously supports and maintains the decentralized public Nxt blockchain. With the upcoming Ardor platform, Jelurida will be creating custom child chains for its clients and partners as well.
About the Nxt Foundation:
Adel and Jelurida express their gratitude to the Nxt Foundation for its constant support for Nxt related projects. The Nxt Foundation helps drive blockchain development into the future through the promotion of the use of the Nxt and Ardor blockchain technologies developed by Jelurida. With the help of the Nxt community, the Nxt Foundation strives to promote this secure, decentralized technology for businesses and organizations worldwide. You can learn more about the Nxt Foundation at nxtfoundation.io.
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