What is the use of a thing if the people it was created for can't have access to it? It is only when people have access to a thing before that thing can ever be termed "useful". This is one of the many issues the crypto community have been battling in recent times; accessibility of cryptocurrency to as many people as possible.
Most times, it is no longer an issue of making people get to know about cryptocurrency, a larger portion of the world population already has a clue what they are, but how many people are already making use of them?
Based out of Switzerland, Konios wants to make it possible for anyone to gain access to the crypto world. It doesn't mean there aren't any existing platforms trying to do this same thing but as with every other thing, these earlier platforms have shortcomings Konios plans to address. Some of these shortcomings include ambiguity in the platform's design and high transaction fees.
With Konios, users will be able to easily enter the crypto space with their FIAT as well as easily exit to FIAT when they need to. However, Konios will be fully bound by and subject to the laws and regulations of Switzerland.
This grand plan Konios has developed is divided into three phases.
The first phase has to do with Konios making it possible for as many people as possible to join the crypto community. It is believed that with more people getting to understand the technology and its use cases, there will be less of negative news about crypto flying around. Konios plans to implement a Face-to-Face (F2F) method of exchange to solve the issue of high transaction fees by eliminating intermediaries. Bringing in more people will also mean improving the liquidity of the crypto space as these new entrants come in with FIAT. This is called the "Transition Period".
The second phase involves providing an easy to use trading platform and also a means to make spending cryptocurrency a lot easier for everyone. While the third phase will give everyone access to decision-influencing data, previously available to only financially strong institutions, free of charge.
Token and ICO Details
The Konios token (KON) will have a max supply of 5 Billion KON.
The token sale will begin on the 1st of May 2018 and will last for 60 days or until the hardcap of $29 Million is reached. There will be a total of 3.75 Billion KON available for sale during this period at a price of $0.01 per KON. However, discounts exist at various stages of the token sale. Both Crypto (BTC and ETH) as well as FIAT (USD, EUR, CHF, RMB, KRW) can be used to purchase KON during the sale.
From the image above, it can be seen that the Konios team, company, and advisors will hold a small percentage of all KON in existence, as compared to the percentage of KON made available to the community. This has been intentionally done to make sure that the KON is indeed decentralized in its distribution and is accessible to a lot of people. The tokens will be activated on the day Switzerland celebrates her independence; the 1st of August!
The majority of funds received during the token sale will go into the development of the platform as well as massive advertising to get the word out. The Konios Platform APP Test-Release is scheduled to happen in July 2018 while the Beta version will be launched in November 2018. The integration of the platform into the Konios blockchain is scheduled to take place in September 2019.