Lauren HarringtonICO team member replied on 19 May 2018
About Kora Network
Kora Ecosystem
Our blockchain stores identity and transactions, runs software modules, and connects to other blockchains while preserving user privacy. We use Tendermint DPoS as a consensus algorithm, allowing for scalability while maintaining decentralization. The blockchain is secured by the Kora Network Token (KNT).
eFiat are digital versions of national currencies that users understand and trust. They are 100% backed by cash reserves, and redeemable on a 1:1 basis.
CVNs empower users to pool capital for lending or investment, social assistance, financial education and other services.
Whitepaper
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Ratings
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Vlad Skakun
ICO Advisor | Investor| Marketing Specialist| Senior Analyst at Venture Fund
Rated on Apr 13, 2018
Rated on Apr 13, 2018
2
2
1
16%
Verdict: 3.5 out of 10
==============================
The Idea of the project is great, but it is too far from realization. The team lacks experience for such ambitious ideas and plans. We find the planned allocation of their funds ridiculous (30% for Onboarding users to the Network and 10% primarily for seed-funding startups that build value-added applications on the Kora Network). The tokenomics of the project will not bring large returns on investments in the short term. Even in the long term, Kora Network have to compete with other projects in this field.
It is also worth mentioning two redflags found during our research:
Redflag!!! There are many accounts (bots) in their telegram group which send same messages about how great the project is. They ask the same questions again and again, even after receiving answers!!!
==============================
Redflag!!! Admins from the Telegram group deleted my messages (about competitors) until I said I was doing research on their project. They said that bots deleted my messages, not them. However, my messages disappeared after one to two minutes, not immediately.
=============================
Report:
ENG https://cryptodiffer.com/kora-network-ico-review-by-midgard-research-eng/
RUS https://cryptodiffer.com/kora-network-ico-review-by-midgard-research-rus/
+8Agree
+8
Disagree
Report
Bogdan Fiedur
ICO and Blockchain Advisor. Full Stack and Ethereum/Solidity smart contract developer.
Rated on Mar 27, 2018
Rated on Mar 27, 2018
4
3
4
7%
This rating's weight is reduced by 50% as there is no review added.
Lauren HarringtonICO team member replied on 19 May 2018
Hi Bogdan,
thank you for your review. We have since updated our project, website, and Vision Paper since your review and we ask that you review again and update accordingly. Regards
thank you for your review. We have since updated our project, website, and Vision Paper since your review and we ask that you review again and update accordingly. Regards
Mike Blackwood
ICO Adviser | Marketing expert
Rated on Feb 16, 2018
Rated on Feb 16, 2018
3
3
2
11%
Looking unserious and middling.
There are many similar projects. Nothing new.
+2Agree
+2
Disagree
Report
Lauren HarringtonICO team member replied on 19 May 2018
Hi Mike. I can assure you we are very serious, and there are a number of things in our approach and angle into this issue that separate us from other projects. Please take a look at our website and Vision Paper which has been updated substantially since your review. We would appreciate an update. Regards
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Press Releases
Blog
Financial
Token info
Token
KNT
Platform
Ethereum
Type
ERC20
Price in ICO
0.1000 USD
Bonus
Public sale starts at 30% discount (0.07 USD).
Tokens for sale
339,753,302
Investment info
Accepting
ETH, BTC
Distributed in ICO
45%
Soft cap
100,000,000
Hard cap
300,000,000
Raised
$12,000,000
Milestones
1
Jul-2017
Seed Investment.
2
Aug-2017
Kora 1.0 Development Begins - USSD, SMS & Mobile App.
3
Sep-2017
Kora 1.0 Launches on Ethereum Testnet.
4
Nov-2017
User Testing Launched in West Africa.
5
Dec-2017
Core Network Development.
6
Feb-2018
Pre - Sale.
7
Feb-2018
Kora 1.0 Launches on Permissioned Testnet.
8
Mar-2018
First Beta Launches.
9
Mar-2018
Public Sale.
10
May-2018
First Beta meets all milestones.
11
Aug-2018
Launch Pilot in Africa.
12
Mar-2019
Asia & Global Expansion.
13
Nov-2019
Kora 2.0 Launches.