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INTRODUCTION
The growth level of ICOs since its launching has been alarming and geometrical. It has caused a drastic shift in the global economy for good.
As a result of its positive impacts, it has gained recognition and adopted in some part of the globe as a transaction medium.
But since the beginning of the market, there is always a shortcoming which has prevented the massive recognition and acceptance as a transaction process.
Shortcomings like ICO mispricing, regulatory scrutiny increment and has practices of predatory exchange have really reduced the ICO excitement and participation of the potential buyers of tokens.
To put an end to this shortcoming and encourage the participation of more trader thereby leading to the massive adoption of the ICO globally, the Kick Ecosystem was introduced to the market.
BRIEF INSIGHT TO THE MISSION OF KICK ECONOMY
The Kick Ecosystem is a total exchange and fundraising ecosystem that increase the sales of token to a higher standard, thereby enhancing their closeness in security and sophistication to the recent system of finance.
The Kick ecosystem mission is to provide solutions to real problems of ICO of which it has started to accomplish.
The platform has successfully salved the real and urgent problems for the startup of blockchain. The platform has help inventors of ICO who is wishing to get capital and also assist the investors of token who were vulnerable.
This has made the ICO participation safer, easier and more consistent.
THE INITIAL COIN OFFER (ICO) MARKET CHALLENGES THAT LEADS TO THE LAUNCHING OF KICK ECOSYSTEM
Shift In The Standard Quality
For any ICO to become a blockbuster these days, there is the need to meet up with a high standard of quality on ground. This standard was put in place as a result of countless platforms that were created and does not meet up with the need of its investors but rather blacklist the crypto world.
Fraudulent ICOs
The proliferation of fraudulent ICOs is at a high rate. Take for instance, a top- 25 project in the market cap was shut down because it was discovered to be a Ponzi scheme which was not accepted.
There is a countless documented scenario whereby a particular ICO team will disappear after they have raised money from theirs.
ICO Pricing
The pricing of ICO token these days is not encouraging at all. As a result of high valuation, when a new token is included in an exchange, the price of that token will be pushed down by the market which will at the long run affect the participants of the ICO.
COMPONENTS OF KICK ECOSYSTEM THAT SUPPORT SOLUTIONS TO THE IDENTIFIED SHORTCOMINGS
KickID
This is a component that glues the Ecosystem together. With this component, it gives you access to all the platforms attached to the Ecosystem to have an experience that is seamless once you have access to one platform. Kick ID supports Facebook login and email login.
KickEx
This component is a next-generation exchange that will have its personal domain name and with this component, investors will enjoy;
- Transact is major currencies: The kickex allow transactions involving Bitcoin, Ethereum, stellar, TrueUSD, Tether, Litcoin, Dodge etc
- Trading with zero commission: This component helps in the provision of absolute commission-free for marketers, traders and takers.
OTHER BENEFITS IN BENEFIT AS AN INVESTOR - Ability to buy and sell commodities on the ecosystem and it's partners.
- Abilities to the carryout secure and scalable transaction on the exchanges.
Running your crypto transaction with kick Ecosystem is the best experience that could ever have. This is because it is free from malfunctions and shortcomings.
DISCLAIMER
This is not financial advice, nor a guarantee or promise in regards to any result that may be obtained from using the above content. The information provided here is for informational and entertainment purposes only. It should not be considered as financial and/or investment advice. No person should make any kind of financial decision without first consulting their own financial adviser and/or conducting their own research and due diligence.