KIBIS is an innovative kiosk supplier and operator that plans to become the principal payments provider for millions of people around the world. Using kiosks and offering a wide variety of services KIBIS will become a secure, fast and efficient option for people to easily access financial services whenever and wherever they want. KIBIS kiosks will be used to make payments, such as paying a utility bill or topping up credit on a mobile phone as well as being able to buy cryptocurrency exchange vouchers. Our multi-faceted project incorporates self-payment self-service kiosks, blockchain architecture, advertising revenue streams, and cryptocurrency mining. KIBIS coin will decentralize market transactions, order book matching execution and high throughput payments with our e-Wallet payment network. All of our self-service kiosks will be equipped with mining equipment; we will have access to low-cost electricity that will enable KIBIS establishing an efficient and prominent mining pool — a new and independent revenue stream. Kiosks will be placed in highly-accessible places such as shopping centres, squares, and popular attractions; this represents an opportunity for business partnerships with companies using our self-service kiosks to promote their brands to millions of potential customers on an almost-daily basis. We are launching our own utility token on the Ethereum blockchain that will enable our user community to become part of a universal, decentralized payment network. The KIBIS coin will allow our users to transact on the self- service kiosks, entitle discounts from our service providers and advertisers. Moreover, providing reward tokens over a 36-month term as the intrinsic value of the coin increases participants benefit every month. To raise funding as well as distribute our tokens effectively and seamlessly we will be hosting an initial coin offering (ICO), commencing shortly. Although we have a global focus, the high proportion of citizens in the Middle-East who remain unbanked makes this region our principal focus for mass adoption. Our team has worked together for the last 6 years and has developed experience in the service-payment industry and IT infrastructure. This makes us ideally suited to take advantage of the various facets integral to the KIBIS project. We are very meticulous in designing, manufacturing and installing the kiosks as well as developing our custom operating software. KIBIS has identified a widespread and serious problem that existing technology and payment networks have failed to solve. Through our innovative self- payment kiosks we have found a solution that brings financial services to millions of people; one that takes full advantage of cutting-edge technology that in the coming years will overhaul the foundations of the current payment infrastructure.
|1||Business Idea: Is business idea unique and sustainable? Is this idea solving an existing problem or addressing future opportunity?
As per recent pitch statistics, 90% of the projects are falling out of funnel for investors. Investors don't see the uniqueness of the project.
ICOcube Trusts: If the idea is unique rating should be 5 A successful idea in the centralized world is now moving to the decentralized world using Blockchain, the rating should be 3-4 If Idea is regular and no uniqueness then the rating would be low 1-2.
|2||Token Supply : Are you convinced with total token supply?
ICOcube Trusts: If total supply is open-ended consider rating wisely (1-5), Ether supply is unlimited whereas Bitcoin supply is 21 Million, Ripple Supply is 100 Billion. If total supply is closed-ended and compelling logic is given consider high rating (4-5)
|3||Token Economics: Do you understand and agree how the token is integrated with the businesses?
ICOcube Trusts: if the token is rotated/integrated well, consider high rating(4-5) else low rating (1-3).
|4||Team : Does team members have adequate knowledge of Blockchain and respective business?
ICOcube Trusts: if team members experience is good, consider high rating(4-5) else low rating (1-3).
|5||Advisors: Are advisors experienced in Blockchain projects and ICOs? if yes, consider high rating else low rating
ICOcube Trusts: if advisors experience is good, consider high rating(4-5) else low rating (1-3).
|6||Legal : Please verify Head office of the company as mentioned and ensure the respective country is not against to Cryptocurrency.
ICOcube Trusts: If the respective country is against to Cryptocurrency then rating should be Zero else high (4-5).
|7||Demand and Supply management: Do you see token will have adequate demand? Do you see that multiple businesses adopt the respective platform to conduct their business or use it for personal growth, entertainment?
ICOcube Trusts: if demand and supply are well defined and you agree, consider high rating(4-5) else low rating (1-3).
|8||Technology: Please check which Blockchain is used and please do your research whether respective Blockchain is scalable
ICOcube Trusts: if respective Blockchain is scalable with respect to handling transaction and load, consider high rating(4-5) else low rating (1-3).
|9||Marketing: Marketing is key for ICOs and communicating the business value.
ICOcube Trusts: if marketing plan is good, consider high rating(4-5) else low rating (1-3).
|10||Budget: PLease check whether the team has got the adequate budget to run the ICO and make the project successful. You can validate Blockchain project address and smart contract created address, check the Balance of the respective account, this information will be available as open data.
ICOcube Trusts: If you get enough inputs on current investment by founders and budget-related information, consider high rating(4-5) else low rating (1-3).