Welcome my friends to a new interesting ICO today and let’s see their great idea:
Infrastructure for Inclusive Financial Systems
Kora is a venture of seek after billions of individuals who are underserved by the current money related framework. The Kora Network is required to give a lowcost, monetary administrations stage for all. Open by SMS/USSD on highlight telephones or with Internet by means of a portable application and fueled by blockchain innovation, the Kora Network is required to bring down the cost to serve for lowincome populaces and carries them into the worldwide economy.
The project vision, mission and path:
The venture intend to free the caught capital, intellect,and inventiveness of the long tail through self supporting, group claimed environments. Also,Kora means to engage as opposed to uprooting existing groups. Groups as of now giving impromptu money related administrations will join the Kora Network as Community Value Networks.
The group trust the answer for wide-scale,sustainable reception of a monetary administrations stage would require:
- Low cost
The general population with the slightest riches are the individuals who require budgetary administrations the most. The task expect to incorporate everybody in the Kora Network.
- Universal access
Regardless of whether they don’t have Internet or broad mechanical understanding, the group expect that everybody will profit by Kora
Nearby money related specialist co-ops and systems have dependably existed. Kora will empower them as opposed to supplanting them.
The Kora Ecosystem
Kora try to fabricate riches by making self-supporting, group claimed ecosystems.
– Users can be any individual who needs to join the Kora System. All clients should consent to the administrative structure in their nation of home with a specific end goal to get to the Kora Network.
– Providers will give clients access to money related administrations on the Kora Network and will be in charge of administrative consistence. They will utilize the Kora Network since they get a turn-key stage, access to another market, furthermore, a white-mark client interface with KYC devices.
– Agents will be the money focuses that change over amongst eFiat and physical money for commissions. They will be private ventures that amass money, for example, neighborhood comfort stores and service stations.
– Merchants will be organizations that acknowledge eFiat as installment – techniques.
eFiat are computerized renditions of national monetary standards that are 100% upheld with money saves, and redeemable on a 1:1 premise. eFiat will build usability and appropriation by offering clients the advantages of computerized cash in a frame they comprehend and trust.
The project use cases:
- Money Transfer and Payments
With Kora, the clients will have the capacity to pay for the versatile broadcast appointment and information memberships, bills, traders and outsider administrations for vitality, instruction, miniaturized scale protection and other utilize cases.
- Lending and Loaning
Kora Network will deal with the heap procedure by means of its system.
Crosswise over Africa, agrarian exercises are directed in rustic zones, which are described by a high thickness of unbanked individuals. They are paid following 2 a month in real money by partnerships that get their rural supply and crude materials from neighborhood ranchers.
- International Distribution of Funds
Each client in the nation influenced can be given a helpful Kora account, which will empower the client to get exchanges with vouchers that enable them to get to different administrations through SMS/USSD or the versatile application.
The project token:
The Kora Network token will be utilized as the stacking unit for choosing square makers, and also a solitary medium to pay for costs caused by the Kora Network. Holding KNT likens to having a fractional part in the Kora Network.
The Project Roadmap:
- Seed Investment
- Kora 1.0 Development Begins – USSD, SMS & Mobile App
- Kora 1.0 Launches on Ethereum Testnet
- User Testing Launched in West Africa
- Core Network Development
- Kora 1.0 Launches on Permissioned Testnet
- First Beta Launches
- Listing on exchange
- First Beta meets all milestones
- Launch Pilot in Africa
- Asia & Global Expansion
- Kora 2.0 Launches
The Project Team:
Kora Network has been designed and created by a highly experienced team of technology experts. The team’s members bring together expertise that gives them a deep understanding of the challenges faced by many crypto enterprises including the legal, regulatory and compliance issues.
- Dickson Nsofor – CEO & Co-Founder
- Maomao Hu – COO & Co-Founder
- Oleh Ostroverkh – Project Manager
- plus the Kora Network team & advisers
- Token: Kora Network
- Abbreviation: KNT
- Platform: Ethereum
- Accepting: ETH
Tokens Sale availability:
- Pre-sale: 5-25.Mar
- Start date: 26.Mar.2018
- End date: 30.Jun.2018
Project verified by Bountyhive.io – A Fully Featured Bounty Platform For ICOs
About the author (alexicotrick on bountyhive)
My passion for everything that means cutting-edge technology, blockchain, cryptocurrency, ICOs and not only made this article to be alive. I’m Alex Hummels and I wish you “happy reading” of others of my articles. Thank you all.