Overview,
Let’s introduce to you the best Decentralized Peer-to-Peer Protocol project built on Blockchain and smart contract Technology designed to bring solution to all Events managements. Kickcity is a protocol for event marketing which its participants would allow for more effective and economic event marketing without going through the regular advertising platforms.
From history, it hass been seen that the Event Industry is one of the oldest industries with consistent growth. According to US Bureau of Labour Statistics, Event Industry will grow by 44% from 2010 to 2020 which is higher than the growth prediction of other industries. Each day, thousands of events happen across the globe. These events happen for various reasons. Interestingly, 79% of US marketers generate sales using event marketing.
Statistics has shown that one of the biggest problem/challenges of this event industries is marking some of the these statistics includes;
• 50% of vendors have problems with getting people to respond to invites;
• 40% have problems with getting people to pay attention to invitees;
• More than 30% cannot minimize no-shows;
• Nearly 30% find it hard getting people to the event;
More than 20% have problems with confirming who is attending. KickCity — built a community-based social event platform for event organizers and attendees.
For the past year, ‘KickCity, Inc.’ has focused on building communities around events, providing event organizers with tools to create, promote and monetize their events. Every user has a profile and one can invite friends to events and enjoy personalized content.
KickCity Protocol
KickCity propose a socially viral model for event marketing, where the vendor achieves maximum result because an unlimited number of people are rewarded for promoting his events while the attendees also get rewarded for being loyal to the platform. Every user, event, and ticket have a unique ID which is registered on blockchain.
It works like this: each event has a marketing pool where vendors can allocate KCY tokens for reward -based marketing. Once the campaign is launched, any user can click on the event and smart contract generates a unique link for the user. The User can then share this link with his friends on social media and get rewarded when there is a conversion (ticket sales or registration). Smart contracts track all transactions and automatically distribute reward transparently.
KickCity Use Case
Smart contracts help enforce fair distribution of rewards based on user contribution. Attendees, who buy tickets, receive rewards for buying on the platform. Users can buy with FIAT or obtain tickets using bitcoins, Ethereum and KCY tokens for less price due to the fact that third parties (banks) are bypassed. For every promotional campaign, KCY from the pool will be shared among users who bought tickets. This will encourage people to buy more tickets on KickCity and ensure the use of KCY. Gas on Ethereum blockchain for transactions come from the pool too.
Reed’s Law & Network Effect
Reed’s Law states that the “utility” of large networks can scale exponentially with the size of the network. The reason for this is that the number of possible sub-groups of network participants is 2N, where N is the number of participants.
So if the utility of groups being available to be joined is very small on a per-group basis, eventually the network effect of potential group membership can dominate the overall economics of the system.
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 will potentially benefit the whole system.
A Smart Token Based on the Bancor Protocols
KCY-tokens are smart standard ERC20 tokens which implement Bancor protocols, providing asynchronous price-discovery while maintaining continuous liquidity by using constant ratios of reserve tokens (BNT) held through smart contracts, acting as automated market makers. KCY will equally be traded on the exchanges.
Exchange — Event vendors can purchase KCY in exchanges according to the market value.
The event industry is undergoing metamorphosis and KickCity is one of the companies leading this. A few years ago, tickets were bought or sold offline. Now it’s happening online. The new phase of event ticketing is based on social interaction. Users don’t just want to buy tickets, but know and interact with fellow attendees before, during and after events. Moreover, with the growing speed of the internet, anyone would be able to set up a processing gateway and accept tickets for his events. Therefore, Event platforms of the future will be fully built around people.
Event communities — decentralized or centralized.
Artificial Intelligence
KickCity adopted artificial intelligence (AI) algorithm to show personalized content for users. We have achieved 92% accuracy on a recommendation by building a social graph of users on our platform and their activities on other social networks.
KickCity App
With KickCity App, you can carry out all the stated functions of KickCity. This app can easily be downloaded in Android phones
(https://play.google.com/store/apps/details?id=com.kickcityapp.kickcity&hl) and iPhones (https://itunes.apple.com/app/kickcity-all-events-with-friends/id1124097475?l=en&mt=8)
With this App on your mobile, the whole system will be at your finger-tip and everything is made easy.
The Web
KickCity can as well be accessed on web site, direct from your browser simply visit https://kickcity.io to log into the web.
Some of the feastures of KickCity app includes;
• Vendor Admin Panel
• Analytics & Sales report;
• Registration;
• Widget for websites;
• FIAT & Bitcoin ticket processing;
• Registration;
• Event Page & Social App;
• User profile;
• Likes;
• Attendee list;
• Event description and contact;
• Event video;
• Event comment;
• Event chat & comment.
Road Map
Budget
Token Crowdsale (1 KCY = 0.10 USD)
• Target: 12.5 Million USD;
• Launch date: March 1st 2018, 9:00 AM EST (1:00 PM GMT);
• End date: March 31st 2018, 7:59 PM EST (11:59 PM GMT);
• 1 KCY = 0.10 USD;
• 160 Million Smart tokens will be available for crowdsale;
• We will accept Bitcoin and Ether;
Bonuses:
o Day 1: 15%;
o Day 2–10 : 10%;
o Day 11–20: 5%;
o Day 21–31: 0%;
• 250 Million KCY will be created;
• 160 Million KCY will be sold during crowd sale and all unsold tokens will be destroyed;
• 1 Million Tokens will be allocated for user adoption and air drops;
• Team tokens — 30 Million (70% of team token will be vested for a maximum period of 4 years);
• Partner tokens — 30 Million (Partner Tokens include bounty & marketing, advisors, traditional angel investors, who invested in KickCity 2 years ago; 30% of the partner tokens will be vested for a maximum period of 4 years);
• KickCity pool — 30 Million tokens will be retained by KickCity for future sales.
The percentage distribution of KCY tokens MIGHT change following forecasting on the Wings platform.
After Forecasting on Wings platform:
• Price and bonus of token (KCY) will not change;
• Token allocation and distribution might change;
• Number of created tokens will not change;
• Number of tokens sold during crowdfunding might change;
• HardCap might change.
The Team
KickCity is an innovative company with highly inspired and experienced developers who have worked in big IT companies like Google, Facebook, Yandex, and Mail Group.
Some of these team members includes;
Gideon Nweze (Gibson) — CEO & Founder
Artem Shatilov — CMO & Product
Danil Kolikov — Lead Developer
Leonid Startsev — Service Developer…..etc
For more information about KickCity, Click on any of the channels below;
Bitcointalk Username: KidsJamanNow
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1308879
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