ICO Review: Kakushin Ecosystem
Rarely do innovations succeed through the implementation stages. This is because the innovators lack the necessary resources to take those innovations from ideas to concepts and lastly to real-world solutions. Even the few that do have access to the resources do not get to manage those resources appropriately and end up failing. A lot of great ideas have not seen the light of day because of this factor. If only there existed a platform that could link and match people with resources looking for ideas to invest in and teams with ideas looking for investors to back their ideas, then the innovations would have better chances of being realized.
Traditional ecosystems have been proposed and some have been built from concept to execution such as Angelist and IndieGoGo and a few others where talent is matched with investors but these platforms still have several challenges. Some include prejudices, geographical limitations, and problems of acceptance by the community. Kakushin Ecosystem has been proposed to solve these problems and offer innovators and investors, seekers and researchers, developers and inventors across the globe a platform to conceive, share and collaborate to develop an idea from concept to execution. Kakushin Ecosystem developers describe it as “the perfect environment to give birth to ideas and concepts, and to nurture them until they flourish to become real, viable and ready-to-use products.”
Kakushin is a blockchain project that has been proposed to utilize the distributed ledger technology to create a marketplace platform to link resource seekers with resource owners and collaborate on the creation of both physical and intellectual products. The platform is based on the Ethereum blockchain. Investors will get to view a list of projects listed on the marketplace and choose which ones to support. They will be able to support through depositing Kakushin (KKN) tokens to the project’s wallet. The ecosystem is comprised of three main features that constitute to create a well-designed marketplace for intellectual property exchange and vetting:
Incubation portal – this portal will allow inventors to list their projects for vetting and incubation. Innovators will be able to meet other team members where they can collaborate to create worthy projects to be funded by investors. In this portal innovators and inventors will be coached and trained, new team members will come on board if they subscribe to the ideas proposed and generally the project is introduced to prospective collaborators.
Marketplace – once the project has been refined and the concept has been polished, the idea is ready to be listed on the marketplace with a proposal for investors to get to participate in making the concept a reality. Also, this will be the place to sell intellectual property.
Exchange – the KKN tokens will be traded for other project currencies on this platform and to ensure the liquidity of the KKN tokens.
Token Ticker: KKN
Blockchain: Ethereum, ERC20
Total Token Supply: 2,400,000,000 KKN
Private Pre-Sale Date: 15th March – 30th April
Pre-Sale Date: 1st May – 31st May
Main Token Sale Date: 1st June to September 30th, 2018
Soft Cap: $ 4,000,000
Hard Cap: $ 30,000,000
Purchase methods accepted: ETH, BTC, BCH, LTC, and DASH
Chandan Indoria (CEO & Co-founder) - https://www.linkedin.com/in/chandanindoria/
Sachin Bhargava (Co-founder & CTO) - https://www.linkedin.com/in/sachin-bhargava-619aa288/
Amit Dubey (Co-founder & CMO) - https://www.linkedin.com/in/amitdubey8/
Marco De Corso (Co-founder & CBO) - https://www.linkedin.com/in/marco-de-corso-94a3479/
Laurent H Selles (IP Advisor) - https://www.linkedin.com/in/laurentherveselles/
Andreas Fink (Advisor) - https://www.linkedin.com/in/afink/
Darrell Emmanuel (Advisor) - https://www.linkedin.com/in/darrell-emmanuel/
Birendra Khadka (Blockchain Advisor) - https://www.linkedin.com/in/khadkabirendra/
The project has a great and viable use case and the team seems to be capable to deliver on whitepaper promises. The team is also comprised of extremely capable advisors with relevant experience in both blockchain and financial backing ventures. The crowdsale goal is reasonable and achievable, however, the marketing strategy may have to be revised to ensure that the social media activity is more exciting.