The KIBIS self-payment kiosk architecture is multi-faceted with three layers and each of these layers provides a separate and independent revenue stream for investors.
The KIBIS coin and KIBIS ecosystem employ self-payment self-service kiosks, Blockchain architecture, advertising revenue streams, and cryptocurrency mining. Together, this will decentralize marketing transactions, order book matching execution and high throughout payments with its e-Wallet payment network.
Here are three revenue streams of each KIBIS kiosk:
1) Revenue Stream 1 — Kiosk Transactions
KIBIS kiosks will be placed in highly-accessible locations (shopping centres, public walkways and popular attractions) with a lot of foot traffic and a significant need for the services provided in the self-service payment kiosks themselves.
The KIBIS kiosks will support a range of services, including:
- Payment of utility bills
- Sending and receiving payments in cash, fiat and crypto, including the KIBIS utility coin
- Toping up mobile phone credit
- Purchasing online gaming vouchers
- Searching for and booking flights
- Charitable donations
- e-Wallet top-up
- Purchasing exchange vouchers
- Gift cards
These kiosks serve as a secure, instant, high-volume, efficient and easilly accessible option for people requiring financial services. The kiosk transactions taking place in the initial 18,000 kiosks in the Middle East will create their own intrinsic revenue stream. In addition, there will be 20,000 agent locations for self-service kiosks which will further add value to this revenue stream.
Every transaction will have an associated service fee which will be competitively priced and thus represent a more value-driven service for the consumer. Along with this, they will also provide a high-volume stream of revenue for the investors.
Millions of people will be able to conduct their business 24 hours a day and the KIBIS coin will facilitate all usage on the kiosk, with the hardware accepting various payment forms including:
- Cash in all major currencies
- Cryptocurrencies
- Android and Apple Pay
KIBIS will expand its kiosk procurement from its first-phase rollout in the Middle East. It will start in UAE by the end of Q2 2019, folowed by Oman which is expected to complete in Q4 2019, and KSA which is expected to complete in Q4 2019. Bahrain is scheduled for completion by Q1 2020, and Kuwait by Q2 2021. More locations will follow including Turkmenistan, Uzbekistan, Kyrgyzstan, Russia, Azerbaijan, Kazakhstan, and Ukraine.
2) Revenue Stream 2 — Advertisements
The second stream of revenue comes from the advertising packages that are available to advertisers. A number of different options will be made available that will be both solution and remuneration diverse.
The innovative advertising packages will vary between banners, receipts, video clips and SMS advertisements. For example:
- Banner advertising in self-service kiosks
- SMS, text advertisements on receipts which are printed after a transaction is completed
- Video advertisements to be replayed on 2nd screens
The 2nd screen advertising display packages will be carefully crafted to ensure that we are matching a brand, a product or a service with the ideal demographic. The KIBIS algorithm will determine when specific adverts are shown.
Advertising blocks will be created in the framework of advertising campaigns, and can consist of:
- Banner advertising and video ads — These will be added to certain advertising spots and screens which will offer static, part and full-motion creatives.
- Advertising clips — These may be replayed on the second monitor of self-service kiosks.
- SMS and receipt ads
- Advertising visions on the kiosks — each kiosk will be fitted with an LED screen on top, allowing advertisers to purchase ad space.
KIBIS already has Agreement in Principle with several strategic partnership companies, which include a number of household brands and companies.
Each prospective advertiser will be able to reach their target audience with campaigns such as:
- International seasonal initiatives
- Campaigns for transient workers
- Cross selling new services and products
- New brand launch
- Brand continuity.
3) Revenue Stream 3 — Built-in Mining Equipment
Crypto mining receives a mixed response, partly due to concerns over energy consumption and deflation of coins’ worth. However, if handled responsibly, crypto mining can be a source of both an independent revenue stream, and a constant pool of available coins.
The KIBIS mining strategy will ensure that investors and coin holders continue to enjoy profitability. Coin users receive value in the form of services that accept KIBIS coins as payment for services at an appropriate price. Also, the integrity of the KIBIS coins themselves is protected with the return of a consistent yield and price per coin.
All of these together will secure growth and also maximize return on investment.
All of the KIBIS self-self-service kiosks will be equipped with mining equipments and KIBIS will have access to low-cost electricity, the same source that powers the kiosk itself. Therefore, they’ll be representing a more environmentally friendly proposition that will enable KIBIS to establish an efficient and prominent mining pool as a new and independent revenue stream.
Conclusion
KIBIS is more than just a self-payment kiosk and cryptocurrency payment coin. It is the provider of 3 independent streams of revenue for investors, and provides a diversified and rich infrastructure for continued revenue growth and profitability.
KIBIS is also an entirely decentralised, in-person payment suite for a range of services including utility based, leisure, travel, entertainment and more. AKIBIS tokens don’t come with the risks that accompany speculative investment in coins and have practical usage associated with them. The kiosks help in serving the underserved, unbanked and often forgotten millions of people residing in the Middle East who lack access to credit cards, bank accounts and other payment infrastructure.
KIBIS is providing this forgotten demographic with an empowering new means of making payments, buying services and accessing smart tokens and decentralised payment gateways. By doing this, it is all set to introduce both viable payment alternatives and cryptocurrencies to a market that will grow along with the company.
By participating in the ICO, investors can join KIBIS vision in amalgamating traditional businesses with Blockchain technology, cryptocurrency, and self-payment infrastructure. This will change the way that people in the Middle East make payments for all of their daily services.
KIBIS envisions being live in the UAE by mid-January 2019, with 600 locations and a monthly turnover of almost USD 9 million. We have also included a reward program for ICO investors, which will give them upto 200% of additional tokens.
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