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KickCoin (KICK) is an Ethereum based utility token complying ERC-20 standards and is used for mutual settlements inside the KickIco platform. The purpose of KickICO is to provide a decentralized, secure and cost-effective platform to host fundraising campaigns (ICOs), rate, support and discuss them. The platform is beneficial for both the investors and the development team. Investors get valuable information and tools that help them decide for the particular coin. Development teams have anShow more [+] opportunity to directly communicate and deal with investors and customers. KickCoin (KICK) is used by project developers to pay for the launch of their projects and purchase various services offered by KickIco ecosystem. These services include pre-launch moderation, promotion of the project via board user base etc. For ICO campaigns, the platform fee is 4% of collected Ethereum and 4% of campaign's tokens. The developers get 4 to 8% of KickCoins in return. KickCoin platform provides a unified station for projects/ICO/crowdfunding, Investors, founders/developers and kickcoin (KICK) to work together in a decentralized way.
KickCoin holders are incentivized by issuing them KICK tokens in a pre-programmed manner. The process is called token emission. Each month the percent of emission varies from 0.5% up to 6%.
Kickcoin was founded by Anti A. Danilevski, the present CEO. The advisory board has 9 members including Eyal Hertzog, Bancor Founder.