April 29th, 2018 at 7:22 pm UTC · 3 min read
Kuende, a social network which attracts young people from all over the world by offering an interactive, hybrid online-offline social experience, is announcing their token event launch, meant to upgrade their gamification layer into a blockchain powered vote and reward system.
Pavel Antohe, Kuende’s CEO & founder stated:
“There’s something wrong in today’s social media landscape and users are looking for a better alternative. A social media that shifts the focus from heavily filtered posts that highlight a false glamorous reality to real, genuine projections of our real lives”.
Launched in 2015 and backed with a total private investment of $2.6M, with more than 54.000 organic active users and more than 20.000 app installs so far (with zero marketing investment), Kuende is a hybrid online-offline social network, available on Web, Android and iOS, that is trying to combine the appeal of a social media platform with fun and engaging offline activities.
Pavel Added:
“We’re providing users with control over their data. They can share content with friends and families by choosing between different level of privacy, while making it easy to find new friends with common interests and engage in nearby activities. Our core mission is to transform social media into a positive force, powering a more connected, engaged, and inclusive society, by reaching out to Gen-Z and Millennials. We believe these generations are not only the most active social media users but also the most affected by the lack of real-life interactions with their peers”,
Accordingly to various scientific studies, one of the biggest social issues of today’s youth is social inadequacy. Kuende’s founder says his team wants to make social media escapism and the sadness, seclusion, and other social disorders it causes a thing of the past!
By connecting people with similar interests and gamifying real-world socialization, users can create healthy, real-life connections.
Kuende’s business model is designed to focus on community locations and businesses that can facilitate Challenges to support these social interactions, with minimal direct advertising, keeping the service positive and free to users.
Kuende is organizing an ICO in which participants can exchange ETH for Kuende Tokens (KUE). Kuende’s total token supply will be 3.56 billion, from which 50% will be sold during the private sale (April 7, 2018 – May 31, 2018) and the public sale (date yet to be announced).
During the token event, each token will be valued at 1 KUE = 0.01 USD. Kuende set Soft Cap of $2 million and a Hard Cap of $17.8 million and will reserve 15% of tokens for a Community Pool for future incentivization of Kuende users, sustaining the ecosystem.
To see Kuende’s entire roadmap, distribution, and token allocation, see the whitepaper on our website: ico.kuende.com
– The ETH/KUE exchange rate will be decided/locked after the private sale has ended. This rate will become the point of reference for the public sale.
– There is a minimum contribution amount
– Each participant must go through the KYC procedure
– Participants can obtain bonuses up to 30%. The bonuses will be vested for a period of 3 months after the tokens will be unlocked and available to use within the platform (Q3, 2018)
Disclaimer: Kuende is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.