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#Blockchain All projects

Kinekt: The world's 1st blockchain integrated terminal is here

KINEKT is a new generation BLOCKCHAIN INTEGRATED touch terminal for physical points of sale

stage Ended crowdsale

3.2 Rating

by 7 users


    KPLs

    • Employees5

    Team

    5
    man Angus Pohl

    Founer & CEO

    Angus is the founder of KINEKT Terminals and designer of the KINEKT Terminal solution.

    man Hannes Van Rensburg

    M-Payment Advisor

    Hannes founded Fundamo an early Mobile Payment platform acquired by VISA.

    man Perry Leardi

    US Banks Advisor

    Perry is a KINEKT US representative and our go-to US Banking Industry expert.

    man Sarel de Witt

    CTO Advisor

    Sarel is the owner of Custec Electronics and a KINEKT Terminal development advisor.

    man Carpenter Cui

    China Market Advisor

    Carpenter is the owner of Chinawin Smart Science & Technologies, and a China market expert.




    Crowdsale details

    Budget allocation
    • Employees ($25)
    • Development ($20)
    • Travel ($10)
    • Consultants ($10)
    • Administration ($15)
    • Miscellaneous ($5)
    • Marketing ($10)
    • Legal ($5)
    Details Indicators
    Token Symbol XKN
    Full Token Name Kinekt Token
    Pre-crowdsale Start May 1st, 00:00 GMT+03:00
    Pre-crowdsale End May 10th, 00:00 GMT+03:00
    Crowdsale Start July 2nd, 00:00 GMT+03:00
    Crowdsale End July 31st, 00:00 GMT+03:00
    Domain registration date 2016-12-29
    Domain owner Angus Pohl, KINEKT Limited, 473 Alexander Street, Pretoria, ZA-GT, SOUTH AFRICA

    Cost of the token

    500 tokens for 0.1 eth

    Price without discounts

    Bonuses

    Pre-crowdsale
    Bonus Dates Minimum purchase amount
    30% May 01 — 10, 2018

    Accepted currency

    • Bitcoin
    • Ethereum
    • Litecoin
    • Other


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    7
    Alexandr Gonchar May 29, 2018
    Rating of project
    4.3

    Advantages

    The project represents a touch-sensitive terminal which uses blockchain technology for several types of transactions. It's a very interesting solution for everyday use in retail outlets around the world.

    Risks and disadvantages

    Cons include the absence of a working sample and the work of the terminal, that hasn't been tested to the end under different operating conditions. Connecting and adapting credit cards isn't completely verified too, so it's hard to say how the platform will behave in the real market.

    Comments

    No doubt, that the project is very interesting and promising, it solves many problems arising during the usage of terminals at points of sale. I think that on the condition of careful testing and verification of the terminal's work, this project will be successful.

    William Anderson April 12, 2018
    Rating of project
    3.2

    Advantages

    The kinket project will save the people using card transactions the hustle of looking for POS machines and different withdraw terminals, the XKN tokens produced in total, over 50% are to be issued to the crowd sales of pre ICO this will enable the project come up with the desired hard cap so as to processed with task and activity execution. Early buyers are offered bonus tokens, more investors will be encouraged to take up this opportunity. The road map has a short time of execution.

    Risks and disadvantages

    Advertising, publicity and out reach of the project to the various people in different search engines and social media has been on a low this simply implies that potential investors will not know about the existence of this venture. The founder members luck experience in the project and also luck experienced advisers who have initial exposure to this type of market and filled such circumstances will lead to derailed and unnecessarily long processes of decisions making and uncalculated moves in a negative direction..

    Comments

    This project is aimed at bringing a new face to the POS transaction and use of money terminals which is a good idea that has to be fully integrated into the project and make it viable for the investors. The success of ICO's usually depends on many variant facts such as rate of advertising project development in the future. possibility to liquidate the investor funds, communication and other factors, all these should be ear marked by the team and put into consideration. otherwise the current competition is so stiff and many are likely to fall of the cliff.

    Andrew Robinson April 06, 2018
    Rating of project
    3.5

    Advantages

    The project has a good idea. The project has a good website, whitepaper, and video materials that clearly demonstrate how the terminal will work. One more the advantage is that the project takes a lot of crypto currency for payment.

    Risks and disadvantages

    Unfortunately, the project has a small team, there are no professional developers, financiers and marketers. To implement such a project a large team is needed. And also the project needs to detail the road map and do better promotion.

    Comments

    The touch terminal Blockchain Intagrated of the new generation solves many important problems. The project allows to make terminals for payment by crypto currency cheap and safe. But unfortunately, with the current state of affairs the team will be difficult to implement the project.

    Veronika Arbisman April 04, 2018
    Rating of project
    4.0

    Advantages

    Can process multiple transactions using just a fingerprint + pin. Automatic selection of customer's preferred service. Provides low costs. Transactions are managed by artificial intelligence.

    Risks and disadvantages

    Low traffic statistics probably is supposed to be fix by 30% discount. At the same time both of this things make project weaker than it can be. Touch terminal needs a bit of specification. Is there any prototype existing or it will be a software? Would people be so open to provide their fingerprints?

    Comments

    Significant global growth of cryptocurrencies opened a necessity of developing methods of using it as a means of payment. And accordingly appeared need of efficient and effective technical accompaniment of this process. Certainly idea of project is not bad, however it need serious implementation strategy.

    Sofia Medda April 04, 2018
    Rating of project
    3.3

    Advantages

    The platform may have many users.

    Risks and disadvantages

    There is competition. It is not said about the team`s experience in blockchain. Seems like the product is not being developed now, maybe specialists with relevant experience will be hired later (25% of the budget is for employees). The budget allocation is not very effective. There is only 20% for development and AI is supposed to be used.

    Comments

    Since competition is hard this project is not the best one for investing.

    Jordan Semanda April 04, 2018
    Rating of project
    2.3

    Advantages

    The project has a manageable number of employees that will ensure effective remuneration. The project has relatively high crowd sales that will ensure the achievement of the project The project good graphical and video content that will ensure attraction of investors to look more into the project in detail. The project allows a various number of cryptocurrency which will create distributed value for the token and also attract more potential investors with alternate cryptocurrency. The project offers discounts to the early buyers which enables them to influence other investors to join the project.

    Risks and disadvantages

    The project has terribly low traffic statistics which shows the weakness of the PR team , this will not only limit the potential development of the project but also limit the investors form knowing about existence of this venture. The budget allocates a small portion to development of the project which might not be a good gesture in the face of the investors. The project doesn't have a well established road map for directive of events to happen as the business is commences. The team lucks experienced advisers in the filled of ICO and digital currency which will limit effective progress of the project.

    Comments

    with the high competition for market share and potential investors their is no room for making mistakes and presenting half baked projects, advisers with experience in this particular filled are needed to offer relevant guidance to the team so as to steer the project to the right direction of success.

    Ladislava Chernik April 03, 2018
    Rating of project
    1.7

    Advantages

    Enabling both the traditional and the cryptocurrency type of transactions.
    Provides interesting options for retailers

    Risks and disadvantages

    I'm not sure that all buyers would be happy to leave their fingerprint at any retail store. And it's not even about people who are afraid of the law. Just now there are a lot of different bad stories with unscrupulous data storage and people become distrustful
    And, damn, why "Kinekt"? So well-known name - how are they going to build their marketing?

    Comments

    I do not know ... A very unclear project, with an unclear product, budget, presentation and road map. I would pass by.

    See more reviews

    FAQ

    Frequently Asked Questions

    How many KINEKT Tokens (XKN) will be generated?

    1 Billion XKN Tokens

    How many XKN Tokens will be for sale during the ICO?

    1% During the Pre-sale and 20% during the Main-sale.

    What happens to unsold XKN Tokens?

    Unsold XKN Tokens will either be burned or proportionally Air Dropped to token buyers.

    Who owns the rest of the XKN Tokens and what will happen to them?

    XKN Tokens not offered for sale belongs to the KINEKT Company and will either be used to help pay developers and staff bonusses, and / or be sold on exchanges at a rate of 6-12% per annum.

    Who owns the KINEKT Company and where is it located?

    The KINEKT Company is owned by the founder Angus Pohl and private share holders. The company is currently located in South Africa and registered as "KINEKT Terminals SA, registration number: 2017/508882/07.

    Is KINEKT a global project?

    Yes, KINEKT is a global project starting in South Africa. We plan to establish an International Holding Company soon after the Token Sale in a tax friendly territory such as Singapore, with subsidiary companies created in every country where we operate.

    When will puchased tokens be available?

    Both Pre-sale and Main-sale Tokens will be available within 7 days after the Main-sale.

    When can the tokens be traded on Exchanges?

    Token can be traded the moment you receive your tokens.

    What is the price of KINEKT (XKN) Tokens?

    5000 XKN = 1 Ethereum.

    What are the discounts during the Token Sale period?

    XKN TOKEN PRE-SALE:
    Flat-rated Discount for 10 days (30%).

    XKN TOKEN MAIN-SALE:
    Deminishing Discount for 30 days (20% for 1st 10 days, then 10% for 2nd 10 days and 5% for last 10 days.)

    XKN TOKEN PRIVATE SALE:
    Negotiated discounts for large purchases 1000 Ethereum+.


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