Kahnchat Technology Ltd is incorporated in the United Kingdom with the registration number 11073626 and registered address as Kemp House, 160 City Road, London, EC1V 2NX. Its main business focus is business and domestic software development. Kahn Technology Ltd team members come from different management and software engineering disciplines. Kahnchat common faith in cryptocurrencies has brought us all together. We are all strong believers in the future of blockchain technology and we love being part of this growing community!
Kahnchat are committed to creating a fully professional, legal, and qualified social media app and global payment system based on the blockchain technology through our cooperation with third parties, other blockchain communities, developers, and financial institutions.As a team, Kahnchat main goal is to innovate the experience of using social media and virtual currency in everyday life by incorporating it into social media, network, payment and Internet industries, gaming, product management, business, and finance.
Kahnchat foundation, therefore, is the perfect ecosystem to build, foster, and bring real world social media application called the ‘KahnChat App’ into Blockchain technology. Given the current terrain in social media networks and payment platforms, there are a lot of social media platforms and payment industries that are now in circulation and which base their application on the Blockchain systems. Hence, the present market relies on the peer-to-peer payment transfers with proof of security and transparency
|Token Price||0.0025 ETH|
|Token Supply||100,000,000 PVS|
|Hard Cap||25,000,000 USD|
|Soft Cap||300,000 USD|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
Why invest in KahnChat ICO
Here are some other reasons why KahnChat ICO is the best ICO to invest in 2018.Imagine a social networking app where you can not only chat and socialize with people but also you can send money, make transfers and even pay for your purchases, and not just with Fiat currency but also with cryptocurrency. How cool is that!
The KahnChat social networking and mobile payment app has all the features mentioned above and then some more. There is a separate digital wallet where users can manage their KCH tokens and use them for trading on stock exchanges and to buy things online/offline.
Strong Revenue Model
The company plans to generate its revenue from mobile payments. Mobile payments is a rapidly growing industry, especially in the UK and the US. Both online and card-based mobile payments amount to billions in revenue for the industry leaders. Those, who are already involved in this sector, are earning huge sum from their mobile investments.
The KahnChat’s mobile payment target is 1% of the market share which is more than sufficient to produce a huge return to each of the ICO investors.So, the reason you should consider investing in the KahnChat ICO is that it is based on a practical and futuristic concept and will surely grow up.Furthermore, the company is also giving attractive bonuses (up to 50%) to their early sale buyers. The earlier and the more you buy in the sale, the higher will be your profits.
KahnChat is a virtual currency (cryptocurrency) associated with a mobile payment system that also integrates a social media platform.
Mobile app: The KahnChat app is a complete mobile-based payment system integrated with a social media platform where users can send messages via text, video, audio, images and more, and perform online transactions such as fund transfer, bill payment, online shopping, etc.
KCH Token: It is virtual currency that can be purchased and exchanged through KahnChat wallet and can be used for performing online purchases and transactions at supported merchants, same as the bitcoin.
Smart Contract Address
You can check KahnChat smart contract address transations at 0x9409b1e54D5154B39bDCdE3A6f85d463028435C3
WARNING: DO NOT SENT ETH DIRECTLY TO THE SMART CONTRACT. YOU WILL LOSE THE ETH AMOUNT YOU SENT. ALL TRANSACTIONS ARE DEAL MANUALLY. USE THE BUY BUTTON AND FOLLOW ON SCREEN INSTRUCTION TO BUY KCH TOKEN.
The social media penetration has changed the way people live; now the same shift is happening in the way people make payments.
The user needs a mobile payment solution which allows making fund transfers without knowing the recipient bank account details, making virtually unlimited payments, communicating with the seller/company/artist/services, and more. All this without the need to download multiple apps or interact with slow websites.
The user needs an All-In-One app that takes the very best of other existing apps and combines them with more features aimed at simplifying the daily life of the user.
KahnChat app is a perfect digital payment solution for all user demands. It has a number of features, including:
- Making payments digitally in cryptocurrency for shopping at any online/offline store
- Transfer of funds to any KahnChat user
- Sending text messages
- Chatting via voice or video to single or multiple parties
- File sharing and a lot more.
There are also a number of user-specific features including the option to add friends from the address book or by scanning a person’s QR code. Users can share stories and updates including pictures and videos with optional further engagement through comments. Users will be able to create groups, invite friends to groups, follow famous artists by scanning his or her public QR code for latest updates and news, and more. Basically, it is a complete social networking app with the facility of integrated digital payments.
Revenue Growth in Mobile Payments
Mobile payment is one of the income streams for the KahnChat app. According to ‘The UK Cards Association’, £643.6 Billion was spent on cards in 2016 in the United Kingdom alone.
The KahnChat’s mobile payment target is 1% of the market share after the launch of the mobile payment app. This accumulates to over £6.4 billion worth of transactions each year.The KahnChat mobile payment transaction charge to a merchant is only 0.6% per transaction, giving the company a potential income of £38.6m from the mobile payment feature alone.The forecast above does not include the other 27 EU member states and other countries across the globe. Consequently, the app has tremendous growth potential.
High Revenue in Card Transactions
According to “The Statistics Portal” source, the total value of card transactions in the United Kingdom, Germany, France, Italy and Netherlands for the year 2016 is 1787.8b €.
These do not include the other 23 EU member states and other countries across the globe.
KahnChat’s mobile payment target is 1% of the market share within 3 years after launching the app, which adds up to approx. 17b € worth of transactions each year.
With the KahnChat mobile payment transaction charge to a merchant being 0.6% per transaction, the potential income only from the mobile payment feature sums up to 107m € per year.Consequently, KahnChat app has tremendous growth potential.
Simplified Digital Payments
Since the KahnChat digital wallet accepts fiat currency as well as cryptocurrency, it makes possible for the users to cash in their cryptocurrency into the KahnChat wallet and use it for purchase, transfer or withdrawal.
Benefits from Token Sales
Users will get KCH tokens in exchange for their investments in the ICO project. This will work as the investor’s share in the project as well as in any profit which is made from this particular project.
The value of cryptocurrency, as you can witness from the market, is bound to increase over time. Users can choose to sell their tokens at any time for real currency as and how they see fit.
For instance, 1 bitcoin which valued about $1,000 at the beginning of 2017 increased to about $19,000 by the end of 2017. That’s 19 times growth. It is possible for any cryptocurrency and this is how you can benefit from purchasing our tokens.
Other token benefits include transparency in uses of funds, anonymity in payments and transfers, ease of buying and selling online from anywhere, decentralization of the funding process, non regulation with any government, no effect of any political or economic disasters, higher tangibility, diversification of the investment portfolio, and no connection from the economy or the stock market.
KahnChat Target User Base
The KahnChat app aims at users worldwide. The app will be available on both, iOS and Android systems.
By December 2017, the world population is estimated to have reached 7.6 billion people. The United Nations estimate is a further increase to 11.8 billion by 2100 KahnChat’s target is to be used by 2% of the world population resulting in approx. 150 million users.
Uses of Fund
The funds raised through the ICO sales shall be used as follows:
50% – Marketing Promotion
20% – Wages/Contractors Fees
10% – Sales Related Expenses
5% – Administration
5% – Securities Deposits
3% – Equipments & Tools
2% – Legal related expenses
Ultimately, it will all go into increasing the value of user shares.
Purpose of KahnChat ICO
The main purpose behind the KahnChat Initial Coin Offer (ICO) is to commence the research and development needed to develop the social media app using Blockchain technology whilst raising capital for the application of the Payment Institution License required needed for the digital wallet payment system.
A successful ICO will provide more opportunity to take in more software engineers needed to develop the various features as stated in this white paper. It will also allow us to deploy more effective marketing techniques and promotion strategies to launch the KahnChat app simultaneously in different countries.
They are confident that the KahnChat app will turn out to become one of the best social media apps in the global market. With its social media and payment processing features, there are a whole lot of capabilities that can come from using the app both for personal use and for business use.
Blockchain-backed digital wallet
KahnChat app comes associated with a blockchain based digital wallet through which users can purchase new cryptocurrencies, manage their existing coins, make payments for online orders and transfer funds to other users.The growth of blockchain has encouraged businesses and common people to invest more in this field. KCH is a completely safe and secure form of cryptocurrency which uses the power of blockchain to ensure the growth of user investments.
Social Media – Features
This is a completely social networking solution and chatting app through which you can connect with friends and family members, send text messages, files and more, send money online, pay bills, post on user walls, share your story and discuss through comments, create and follow brand pages. The app is suitable for people of all ages.
Dr. Ulrich Hatje Co-Founder
Mr. David Kan Co-Founder
Guowei Zou Senior Engineer
Haiyu Zhang Software Engineer
Junfeng Liu Software Engineer
Weijian Zhang Software Engineer
Dr. David Meszaros Legal Advisor
Mr. Srdjan Veselinovic Legal Advisor
Anthony Xu Software Advisor
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