Quoted as “the Ethereum-based token that rewards you for your knowledge”, KNW is an Erc-20 token that can be awarded and spent in the the Knowledge Ecosystem on apps and in marketplaces.
Knowledge.io offers an ecosystem that runs on the KNW token and promises a concept which rewards users that interact with the platform by contributing knowledge. How? This can be done by a number of ways including by solving questions or by usage of websites and apps on the platform. Knowledge hopes to attain high levels of engagement on the platform, which promises to be beneficial both for users and advertisers.
The platform seems to have its focus audience based on active users and advertisers. The latter group can purchase ad campaigns on the platform and gain access to marketplace data to be able to wisely spend their marketing budget on actual users instead of bots. Token owners are also given the opportunity to purchase products and services from the in-app marketplace and participants of the KNW platform in any measure are continuously rewarded with KNW tokens through different schemes such as trivia games, providing solutions to difficult questions or simply downloading, testing and reviewing apps in the ecosystem.
The CEO of Knowledge.io is Anas Adhami, also the chairman of ATG (a private equity fund based in Turkey) and has his education stemmed in Computer Engineering. The co-founder of Knowledge.io is Steve Englander, a product innovator responsible for the founding of many projects that can be found on his LinkedIn profile; he is also currently acting as the product developer of the team. And the COO is Marcia Hales, an American Graphic Designer and Business Consultant responsible for the operations of the platform, the ICO and the success of the project itself.
Knowledge.io also has listed partnerships with the Coinomi Wallet where the Erc-20 tokens will be able to be stored securely after purchase, Gaming Grids where rewards for participating in games will most likely play out, Tivo, and International Knowledge League (IKL) which develops games such as Trivia Spar which will also feed into the reward system.
The token supply for this project is stated to be 150 million KNW tokens, only 19 million f which will be sold on the crowdsale ICO, leading to the assumption that since the whitepaper indicates 70% of the tokens would be sold, private investors have already invested into a lot of these tokens during pre-sale. The link to view the entire whitepaper in full can be found here – white paper
The token price is set at 1 USD for 1 token with the minimum buying price set at 200 USD. The ICO is set to end on April 8th, 2018, but no indication has been made of whether the unsold tokens will be burned at once or over time. Tokens for this ICO can be purchased on their official webpage at https://knowledge.io/.
The whitepaper for this project seems promising, but also raises questions as to the methods they choose to use with ideas such as meta-mining, where web, app and gameplay usage of Knowledge.io is treated as a proxy for mining. The theory seems sound, but as far as one’s research can go without directly contacting the team, there are currently no prototypes of the marketplace or supporting apps of the ecosystem ready for review, which would indicate that they are taking their time with development to get it right the first time and any investment in this project would certainly be a long-term one.
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