By gamifying real-world socialization, we can make interactions fun and engaging for everyone. These social activities lead to more physical socialization and healthier, longer-lasting connections through the Kuende concept of incentivized challenges. Each has its own unique rules, rewards and expectations of participants. But, what they have in common is their aspect of fun, adventure and accomplishment.
Finally, because of the targeted, interest-based nature of Kuende, these Challenges will bring together people with the same hobbies and values. Creating new friendships in the real world. The ideal outcome for a Kuende user!
Real Life Interaction
The Kuende mission is to become the first hybrid online-offline social media platform that creates as much human interaction in real life as it does digitally.
Gamified Challenges will actively encourages people, in all stages of their Kuende experience, to engage in activities that lead to real-life interactions and relationships.
Kuende is a gamified social network that rewards its users for engaging in real-world challenges. Rewards will come in different forms from Kuende and our partners.
The platform’s economy relies on two ERC20 tokens. Each one has its own use-case. The tokens are designed to support and scale a complex ecosystem.
Missing whitepaper? Let us know.
Rated on Jun 14, 2018
Modified on Sep 11, 2018
Social network space is extremely competitive already filled with major growing players. They are also developing gamification technology (and other techs) with much bigger budgets. So I doubt that this idea could grow as a successful business there. It is sure not enough to state that your project is "a combination of Facebook" etc. One needs to convince that can successfully compete or partner with them. And business planning info is missing in the WP.
Rated on Aug 16, 2018
Very commercial product, and the team has got pretty good funding to boot. Seems like a good application of blockchain. Will be following this project closely
Rated on Sep 15, 2018
Modified on Sep 28, 2018
Social media is a massive industry. Not only that, this company has already been seeded by $2.6million which is pretty good considering most projects start off as a whitepaper project but this already had previous investors in it.
Rated on Sep 27, 2018
Team is really good big team always push any ico..... vision is good but not innovative ... as there are major players in this industry and fighting with them is a big deal ... you have to be strong in marketing, finance user experience department to fight for your dreams... best of luck.
Rated on Nov 2, 2018
Philanthropic challenges are a wonderful way to nurture a sense of trust and community. They gather users around social, cultural, political or environmental issues. And, they allow users to feel what it’s like to make a difference in their community.
It is interesting to monitor how the project will develop. Unfortunately there isn't MVP yet. The team and advisors are very strong.
Rated on Nov 2, 2018
Not the first ICO with such a concept, however, they have a different approach to it and I am curious to see how will they put it into action.
And finally, I see a well balanced team. Good luck!
Rated on Aug 10, 2018
I like the concept of Kuende and it got a very good seed and pre seed funding round. I think Kuende has potential to be a viral app and have steady fast growth from there. Social engagement together with gamification and monetization always sounds interesting but it is also a challenge too.
There is a very experienced team & advisory board that can it become the next social platform. Good luck team!
Rated on Jul 9, 2018
Excellent team with very big staff and wide experience. It is visible that there is all necessary, but the idea old, not unique and I personally saw a set of projects with the similar ideas. To become real leaders of an industry huge resources, and return of investments into it will be required by a big question. Chances of course are, but I so far not really trust in it.
Thank you for your kind words about our team! I will be sure to pass it on to them. Return on investment will not be an issue, for several reasons. One of the most fascinating parts of Pokemon Go was how local businesses used in-game “lures” to attract gamers. Kuende not only facilitates this but empowers it through the challenges on the system. Businesses can bring in people through discounts, scavenger hunts, events, and more, while distributing rewards via Kuende. Not only that, but digital shops and traditional advertising will help businesses reach people interested in them, all while building their brand.
Finally, we have a plan in place to allow businesses to advertise to the interests of opted-in users.
Huge resources and return on investments are a given. Traditional methods via VC firms have already helped us raise more than $2.6 million USD in the last 3 years. During the ICO, we have already raised more than $3 million, including backing by major crypto funds like Dokia Capital, who invested in the early stages in Ethereum, Cosmos, OmiseGO or Polkadot. We are confident we have what it takes.
Kuende is the first of its kind. It is a blockchain platform that encourages people to interact with others in real life.
Rated on Aug 6, 2018
This project challenges the industry that has already saturated.
Better teams and better innovative ideas are required.
The team seems to be better, but the idea is not innovative.
Despite the presence of MVP, the price difference between softcap and hardcap is large, but it seems there is no rational explanation.
Rated on Oct 12, 2018
This project has potential... It will be challenging because of the social space is crowded. The team is strong and I love the vision of eliminating the dark side of social media which is social isolation. The gamfication aspect of doing that along with taking queues from competitors like meetup and improving on them. The fact that they have received 2.6 million in funding is a positive sign as well. Its going to be challenging but I hope they can pull it off. In general in this market all ICOs are very risky at this point and if you invest there is a good chance that your investment will fall once the token begins trading.
This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.
Rated on Sep 14, 2018
Modified on Sep 14, 2018
Idea is nothing new but the team has some solid backing by crypto funds which is a differentiator between them and competitors. This is a project to watch and see how the product develops and how they plan to compete or collaborate with existing social media networks
Rated on Aug 24, 2018
The social media landscape is already a highly saturated market. It is going to be incredibly difficult if not impossible to convince users to switch to a new platform. The team is highly experienced with a huge staff. Business plan needs to be provided in the whitepaper.
Thanks for your review. We feel that although the social media landscape has a lot of competition, we need to remember that people use different social media for different tasks. Instagram is for photos, Facebook is for life updates, Twitter is for quick interactions. Kuende is a new social media that helps you perform a new task - interacting with others in real life.
In this aspect, Kuende doesn’t need to convince users to “switch”. Instead, they just need to add us to the “toolkit” of all of the other social media. We just released a blog post about this, which I hope you will enjoy. It’s all about how Kuende is the missing part of social media, and how we help users engage in real life experiences.
Rated on Oct 21, 2018
Modified on Oct 22, 2018
Great team with a domain expertise.
Liked the whitepaper and vision of gamifying and social media but this is not the first platform doing it. Yet, social media platform is huge so there is a chance some innovation happens through blockchain.
[Update] Product++ after hearing from CEO.
I kept 3 initial because of the competitive market but realised their product is well ahead of others.
Rated on Oct 8, 2018
Me personally I don't give 5,5,5 ratings on ICOs, but this time is another story. First of all, team is super good one with ex-workes from Google, Twitter and other ones. Advisors are also well known professionals. Secondly, they have LIVE demo product with 100K active members. Thirdly, they cloased softcap with private investors and big partners. Lastly, jurisdiction is in Switzerlad. What can I add more to this? Well done!
Rated on Sep 22, 2018
I must say I am impressed with the team and the project has real potential. I have read about previous ideas that tackle the same story line but none of them has succeeded. I have my doubts with regards to the business model but social engagement combined with gamified challenges can prove me wrong. Best of luck!
Rated on Jun 13, 2018
Modified on Jun 13, 2018
Love this idea. Shame the video seems to be down, it's not working. Great team. Solid whitepaper. I see this as a unique winner. Getting people off their screens to meet in real life is essential in an ever-increasing digital world.
Rated on Aug 12, 2018
Kuende is aiming to be a social media solution integrating online social platform features and real-world gamified content. The platform will offer different rewards to users, for creating challenges and participating in contests. They're aiming to bring us back to using social media for what it should be used for: getting closer together, instead of distancing ourselves from others. However, is this platform the solution to do so?
The team behind Kuende is very big and experienced in financing, business development, managing and the blockchain and crypto industry as well. The team has established partnerships with IPSX and with OneQube so far, but I feel a lot more are needed to get a decent word out for the platform. There have been more social media networks using blockchain technologie before and most of them could not establish a big enough user base to make the platform succeed.
Kuende already has fully functional and robust desktop and mobile apps. They have been in operation since 2016, unveiling their alpha apps for iOS and Android. In 2017 they released their beta builds for the mobile apps. According to the team they already have more than 60.000 users, and more joining everyday.
They have already reached their softcap of ~2.5M, but are aiming for a total of $17.8M (hardcap), with only 50% of the tokens available for the market. That would mean they see themselves as a $35M company, which I find too exaggerated.
Looking at their roadmap they are aiming to have the platform with all it's built-ins live in 2020, which is still pretty far away. I think 2019 holds the most for users (e.g. challenges and more) - so we will have to wait whether they have an established user base by then.
Rated on Nov 2, 2018
I enjoyed going through the documentation of Kuende. The White Paper was investor-friendly and I could explore more about their vision and product they want to launch.
Balanced team and MVP available. Looks good.
Rated on Jun 26, 2018
Not a unique idea at all I would say, but the team looks solid and experienced. They will face a lot of competition and I am not sure if they will be able to deliver a good ROI to investors.
Thank you for the compliment regarding our team! We are very proud of them. Regarding competition, we know that people use different social networking sites for different purposes. Kuende is built on rewarding people that meet in person through our gamified challenges. This is a new model - there may be other sites like this, but none that reward the user! Current sites such as Meetup and Eventbrite may be connecting people, but there is no integrated social media component that keeps people together. The traditional platforms just want to keep people online. Kuende is the only one that is able to fully provide both online and offline experiences.
Value to investors is critical and Kuende delivers here. It’s why we have $2.6 million in investments from VC firms. We have multiple methods of monetization through business challenges, digital shops, and traditional advertising to those who have opted in. Business challenges in particular are exciting because they encourage people to visit local businesses. Through challenges, businesses can offer scavenger hunts, movie nights, discounts, and other value-added services to customers. I am confident that we will not only be able to deliver a strong ROI to investors, but also to businesses who choose to get involved with Kuende. I recommend you check out our Whitepaper for more information as well.
Rated on Jul 31, 2018
VISION: An idea that is not unique and will certainly face large competition from other companies. I am unconvinced that a blockchain solution which requires users to manage a virtual token will incentivise people to socialise more offline. Other concerns include current industry leaders that develop this utility will have considerable advantages. 2/5
TEAM: A strong and experienced team that includes developers and multiple specialists. 4/5
PRODUCT: The white paper is very clear on the process though the sections for voting for a challenge seem particularly binary where I believe that a degree of flexibility is required when planning challenges. It is encoruaging to see an MVP though the real test will be acquiring a strong network. 3/5
This is not an invitation to invest. ICOs are risky and you can lose everything you put in.
Rated on Sep 13, 2018
Modified on Sep 13, 2018
You can provide great products with a great team and from an idea which is not unique. HAving a unique product can be an advantage but having a product which is not unique but used commonly with a different approach is also welcome and can be a good product. So my product point is 4 for that reason to product. I believe that a crowded and experienced team provides a perfect vision on project, so summarized sentences and whitepaper is appreciated but I see a great potential on team about vision of project so I have hope about that. This is the explanation of 4 point for the vision. After all words about team I spent , there is nothing to say . But my last sentence is : Team is perfect so 5 points goes to Kuende for the team
Rated on Sep 24, 2018
Modified on Feb 19, 2019
Disclaimer: Rating and or commentary provided represents my own personal view and is not to be relied upon as advice. I am not a financial advisor nor am I registered in any jurisdiction with any financial services regulator. I provide no recommendations that any offering should be bought, sold or held. Before making financial decisions please undertake your own due diligence and consult a financial advisor.
Rated on Jul 17, 2018
What impressed me the most about this ICO is the fact that they have a working platform with an earning system that incentivizes users to engage with content on the platform. It is evident that they have put time and money into development and intend on following through on the vision. Having said that, it is hard to fully grasp the enhanced offline experience that they are promising without seeing it in action. There are definitely other player in this space, but the biggest factor to determine the success of this project is execution and user adoption. If they are able to foster a community of active users in the same way that sites like meetup.com have been able to identify geo-specific groups, this can be a successful project. Not an original idea by any means, but it puts a unique twist on social media.
Rated on Oct 7, 2018
Interesting idea in general. Giving social networks these new aspects (e.g. challenges) could be interesting and hit a nerve in todays youth culture. But this is a platform game and it will be difficult to win the users. They state sth. around 94k users but don’t provide more detailed usage numbers (like DAU etc).
So what they will probably need is to have a clever marketing strategy to create viral user growth to reach user numbers that enable the creation of a real community. But the teams looks solid so I think they will come up with some good ideas
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
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Bonuses up to 30% in PreICO.
Pre-seed Investment - $120.000.
Kuende.com (Alpha & Closed Beta Versions)
Seed Investment - $2.500.000.
Mobile apps for iOS & Android.
Launched the mobile apps.
Launched Kuende.com (Beta Version).
Web & Mobile Security Audit.
20.000+ App Downloads.
Create, Participate & Vote Challenges.
GDPR Full Compliance.
Redesign Web & Mobile Interface.
Integrate with Civic (for KYC Procedures).
Deposit Kuende Tokens into the Platform.
Anti Fraud Mechanism.
Start generating Kuende Points.
Badging & Reputation System.
Tip Content Creators.
Smart Algorithm for Challenge Suggestions.
First Kuende Game.
500.000 Kuende Users.
Kshop (In-app Purchases & Donations).
Interest Based Groups.
Second Kuende Game.
3.000.000 Kuende Users.
Third Kuende Game.
10.000.000 Kuende Users.
API for Challenge Creator.
Kshop (Digital Goods).
Ad related mechanism.
50.000.000 Kuende Users.