A Reward-Based Community Platform
KickCity is a social network and marketing platform fueled by reward-based cryptocurrency incentives called KICK tokens. It functions just like Facebook in that you can create your profiles, your own events, and your own groups. What sets KickCity apart is that users can earn KICK tokens as reward by participating 2 areas:
https://www.pexels.com/photo/lights-party-dancing-music-2143/
Let’s say Stacy is an Event Organizer for an up and coming band and decides to utilize the KickCity platform. Stacy first needs to create an event page on KickCity.io where she can execute ticket sales as well as advertise the event. There are two specific ways KickCity users can earn KICKs through this event:
https://drive.google.com/open?id=0Bz7QOwJcw8CcemdSaWZ6U09MdTg
When Rachel first launches the event, she will have to fund a pool of KICK herself. She has 3 ways do this:
Photo by Climate KIC on Unsplash
In the KickCity platform, you will be able to create groups, chats, and communities. All of these have the option to either be open or private. However, in order to join a private group, you need to first be invited and also pay a fee with KICK that is set by the Group Creator. It is important to note that a 2% of this fee will go directly back a KICK reserve to facilitate the growth of KickCity.
The idea behind this buy-in model is to create value-based communities built on trust. When you buy into a group, you are buying into the specialized knowledge, networking, and reputation of the group. In other words, you are buying the value the community has created.
For some perspective, this buy-in format is actually a growing businesses model among Medium publications such as The Writing Cooperative which offer users access to their slack channel by paying $2 a month.
KickCity’s long term vision is three-fold:
KickCity is still a developing product and is slated to go through an ICO in Q4 of 2017. However, it is lightyears ahead of other ICO’s because it has a profitable proof of concept to offer its investors. For example, KickCity.io has hosted over 2,000 events (free & paid) with more than 350,000 participants. This product is also available in Houston(USA), Moscow, Saint Petersburg (Russia), Helsinki (Finland) and will be launching in Paris(France) and Dubai (UAE) soon.
You can join their private ICO by signing up on their website. You can also download their whitepaper here.
*1 Billion KICKs will be created. 500,000,000 will be reserved for future fundraising opportunities. 1,600,000 will be distributed in the initial ICO.
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