K.im Token Sale Update. Register on Bitfinex to Purchase KDC (Kim Development Coin).
Great Things Take Time — That Time Is Here.
The launch of a product can only happen once, and we at K.im are working hard to make sure this launch is bigger & better than any other launch you’ve ever seen before.
In consultation with our extremely experienced tech team, our legal team and the Bitfinex Token Sales team, we have decided to modify the K.im Token Sale.
As the liquid network is in its early stage and there will soon be a liquid + lightning integration, we feel it is important to first understand how the liquid tokens will work and whether it is more beneficial to generate the Kimcoins once the liquid tokens are tested out and even the liquid + lightning integration is complete.
There has also been recent updates in the regulatory framework applicable to tokens around the world and the modifications made to the K.im token sale are to meet the developing consensus on good industry practice. The model we have adopted is similar to the EOS TGE, but with the additional features having comprehensive KYC procedures in place to add an additional layer of checks to ensure that persons from banned jurisdictions are unable to participate and the KDC will be non-tradeable.
We have decided to sell the Kim Development Coin (KDC) on the K.im Token Sale through the Bitfinex Token Sales (Learn more here). The KDC will be built on liquid, and have special privileges for the buyers, such as:
- Possibility of creating handles on K.im before the public launch.
- It puts you in line to receive Kimcoins, as described below.
- Provides for early Access (Trial) to the platform.
- Top holders may get an invite to the Launch Party
Please note: The KDC will be non-tradeable & non-transferable.
Buyers of KDC may receive Kimcoins in the event we launch Kimcoins in the future. There are no guarantees or promises that the launch will occur or that KDC holders will receive Kimcoins.
The above decisions have been taken only after keeping in mind the interest of all the users participating in the Token Sale.
Forward-Looking Statements
Certain statements in this press release may be forward-looking in nature. The words “believe,” “expect,” “estimate,” “could,” “should,” “intend,” “may,” “plan,” “seek,” “anticipate,” “project” and similar expressions, among others, generally identify “forward-looking statements,” which speak only as of the date the statements were made. The matters discussed in these forward-looking statements are subject to a number of risks, trends and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements. Neither K.im nor any other person is responsible for updating or revising any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
