What is Kick city?
Kickcity is a decentralized platform which is creating a model of marketing based on the incentivization. In kick city, an unlimited number of people are rewarded in the group who share the event while those attending are also rewarded. Kickcity protocol has every transaction recorded on the blockchain. A unique link is provided to each users based on the smart contract. Kickcity protocol helps the vendor to extract the maximum benefit. This happens when an unlimited crowd is given off rewards for different event promotion.
How does it work?
The event organizer can use the platform to purchase KCY tokens, which then form a marketing pool. If person X wants to advertise the event, he can get a unique link for that, which he shares in his social networks like Facebook, Twitter, Whatsapp, etc … If Person Y now clicks on the link and registers for the event by purchasing a ticket, the Smart Contract will record the participation of Person Y. Both advertisers and acquaintances profit and receive KCY tokens as a reward or cashback on the KickCity platform.
The organizer benefits from the fact that more people learn about his event and thus the likelihood that his event will be fully booked and visited. KickCity token (KCY) is an intelligent ERC20 token that implements the Bancor protocol. and the KickCity Protocol is designed to run millions of events where each event is a subgroup with N participants. The activities of each participant and subgroup potentially benefit the entire system. It aims to succeed an event.
The sale of tokens will begin on March 1, 2018, and will take place throughout the month. The cost of 1 KCY is equivalent to 0.10 USD. In different periods of ICO for buyers will operate a bonus program. 250 million KCY tokens are created for the project in which 160 million tokens are available for the crowdsale.
The collected funds are used as follows:
50% for marketing
30% for development and team
11% for the administration
7% as open account
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