Kali Coin is holding an Initial Coin Offering and at the same time, also running a bounty campaign to help promote their project.
1,000,000 Kali Coin has been reserved for the bounty pool for the eligible participants.
We truly believe in decentralization and for the very same reason, we have developed KALI coin on a public Blockchain. It will be a mineable coin and not an ERC20 token. KALI coin is developed on the Scrypt algorithm which can be upgraded as and when we need to further match with changing dynamics of the Block Chain industry.
| WHITE PAPER
The source code of the same shall be published over GitHub for further development with the help of the developer’s community in return for coin incentives.
We have pre-mined 50% of the total supply to fund the project and their allocations are mentioned in White Paper. The remaining 50% can be mined by anyone; we will be releasing mining pool soon
KALI COIN ECO-SYSTEM
KALI coin is not developed only for fund-raising. There’s a lot of privilege attached to it for initial investors. When we say privilege, we mean it by giving first preference in customer service, trading fees, and lot more.
All participants will not only enjoy one full year of the free trading period, but they are also entitled to get privilege customer service, as well as their fiat deposits and withdrawal, will be processed on priority, compared to regular users.
Apart from privilege access, KALI coin will be used to pair new coins that we list on our exchange, apart from the one mentioned in our White paper. Calculating the current size of entire Cryptocurrency market, and also considering the future size of entire cryptocurrency space, 200 million KALI coins will have a huge scope of adoption. With more adoption, more users will join the exchange and with that said; KALI coin will play a significant role, as all new coins shall be paired with KALI.
In addition, we will be buying back and burn KALI coins every year from our profits. We will reserve 20% of our net profit every year for this purpose.
ROAD MAP - KALICOIN
1 - Feb 2018 - Pre-ICO Bid
2 - March 2018 - ICO start Exchange Development, IT Infrastructure Office, and Infra
3 - April 2018 - Marketing, Digital Campaign, Advertising
4 - May / June 2018 - Tie-up with strategic partners in key business locations - Mumbai, Gujarat, Hyderabad, Delhi
5 - July 2018 - Exchange Demo Launch
6 - August 2018 - Official Exchange Trading Launch
• The price of Kalicoin is too low to make it easy to invest
• Kalicoin ICO is to support the international Cryptocurrency exchange CoinRecoil, to be launched
• For ICO participants no transaction fee till 1 year at CoinRecoil exchange
• Kalicoin is a mine-able coin. A number of coins will be limited and price increase will be steady. This makes it less volatile.
• Each Year we will buyback Kalicoins from profit as per our internal audit