September 7, 2021 — October 7, 2021
Dear KICK Community! KickICO announces the second round of QUASA AIO! The first round of the QUASA AIO crypto-crowdfunding campaign on the KickICO crypto crowdfunding platform has been successfully completed. QUASA AIO has raised $18,586. This is a great result! Congratulations and thanks to everyone who supported the QUASA project!
At the request of backers who did not immediately understand how to participate in the crypto auction, and those backers who did not have time or just joined, as well as due to the high demand for QUA tokens, QUASA decided to provide another chance to become a member of QUASA AIO and support the project!
Dates: September 7, 2021 — October 7, 2021
Total Tokens: 10,000,000
Tokens per day: 344,827
QUASA is the decentralized platform for connecting individuals looking for household services with top-quality, pre-screened independent service professionals.
QUASA connects you with skilled pro to tackle home services and errands around town. Popular tasks include cleaning, mounting, furniture assembly and moving. Plus, QUASA back all tasks with their Blockchain so you can have peace of mind.
Be quick to take part in a crypto crowdfunding campaign on the KickICO platform and become the owner of the first cryptocurrency that brings people together, Quasacoin (QUA).
60 days after the completion of QUASA AIO, the Quasacoin (QUA) token will be listed on KickEX exchange.
CEO of Kick Ecosystem Anti Danilevski:
‘We have developed our unique model of crypto fundraising — AIO (Auction-based Initial Offering). This is a type of crypto fundraising based on fair pricing, know-how developed by the Kick ecosystem team. Unlike ICO, IEO, IDO, and other forms of fundraising, the price of the token offered for sale is not fixed but is formed by the users themselves during the auction. The greater the demand for a token, the higher its price, and vice versa.
Thus, the price of the token is formed by the market itself — users participating in the auction, taking into account the importance and relevance of the products offered by the company, and not the authors declaring the price of their token, which after entering the secondary market is collapsed by those who received early allocations with huge discounts.
Every project that wants to organize a campaign on the KickICO platform must pass the mandatory KYC/AML procedure, and provide several basic documents confirming the reality of both the authors themselves and the company. Companies that have not passed this procedure will not be allowed to launch a campaign on KickICO. This is done to avoid placing fraudulent projects and to maximize the protection of participants in token sales.’
To participate in an AIO project as a backer, you will need to perform the following steps:
After registration, it is necessary to pass the verification of identity (KYC). Only users who have passed identity verification (KYC) are allowed to participate in token sales on the platform. The KYC procedure is simple and fast in 99% of cases, but it is recommended to complete it in advance if you plan to participate in the AIO.
2. How to apply for token purchase
Before proceeding, be sure to read the general terms and conditions of the AIO project and the token purchase agreement.
Study the existing bids of other users (if they are any) to understand the current pricing and winning price and be able to buy the desired number of tokens for sale.
Specify the number of tokens you want to purchase and the price of the token in USDT.
Confirm your bid and it will appear in the order book. Check out where your order is in relation to the orders of other users, and whether tokens will be bought for your bet under the current situation in the order book.
Control the situation — after you send your bid to the order book, others will appear in it, so you may be outstripped or moved by higher rates down so much that you may not be in the winning zone, and all tokens will be redeemed by participants who have offered a higher price.
3. AIO token sale procedure
The sale of tokens is carried out at the end of the trading day, immediately. The orders with the highest price are executed first. Bids with the lowest price are executed last. If all the offered tokens of one trading day were redeemed by participants who offered a higher price, then other participants whose rates are lower will not get anything. In this case, unexecuted orders will be canceled and users’ funds will be returned to their wallets in the Kick Ecosystem.
Tokens that were not sold during the trading day are withdrawn from the sale and remain on the balance of the Ecosystem and can be further burnt or frozen.