Token Sale

Kinet tokens will be released on the basis of Stellar platform. The token is compatible with third-party services, wallets, and exchanges and provides easy-to-use integration.

Symbol

Kinet

Category

Finance

Platform

Stellar

Pre Sale Token Price

$0.07

Pre Sale Token Date

01 June 2018

Tokens for Sale

225,000,000

Crowdsale Token Price

$0.10

Crowdsale Token Date

01 July 2018

Token Supply

500,000,000

Accepted Currencies

BTC, ETH, XLM

Soft Cap

$10,000,000

Hard Cap

$22,500,000

Kinet pricing will have a several step increases to incentivise early supporters

$0-5m

30% discount

$5-10m

20% discount

$10-15m

10% discount

$15m +

0% discount

Token Distribution

45%
Crowdsale Proceeds

75% will be used to provide liquidity for exchanging tokens to local currency and vice versa. 25% to be used for current working capital.

15%
Team & Bounty

This will be allocated to the founders, advisors and bounty programs. Team tokens will be vested for 6 months.

40%
Company Reserve

To cover future working capital requirements and any unplanned losses beyond the Borrower Reserve.

Platform Roadmap

2017
  • Concept Development
  • Loan collection tool
Q1 2018
  • Website Launch
  • Marketplace functionality
  • Smart contract functionality
Q2 2018
  • Whitepaper release
  • PR Campaign
  • Currency Exchange (Nigeria)
  • Token Generation Event
  • Commence loan issuance
Q3 2018
  • Currency Exchange (Kenya & Ghana)
  • Kenya & Ghana Launch
Q4 2018
  • Currency Exchange (Cameroon & CAR)
  • Cameroon & CAR Launch
  • Credit Scoring for Higher Risk Borrowers