THE KALI COIN IN INDIA
The Blockchain technology has today established itself to be a groundbreaking technology in the society; it’s however still within the early stages of adoption.
Several new crypto currency ideas consequently are being marketed to bridge the gap between us ability and technical complexity of Blockchain.A huge number of Blockchain based projects have impressed investors and new startups now have a new way to give wings to their projects.Trading exchanges are an inevitable platform to determine the value of a project and its coin. In other words, it wouldn’t be wrong to say that crypto trading exchanges are backbone of the entire cryptocurrency eco-system. As of today, there are a number of exchanges around the world and some
of them are doing quite well. But if the entire Blockchain and crypto currency sector has to unleash their full potential,new exchanges are required.The reason is simple, existing exchanges have a lot of limitations when it comes to scaling. Some of the top most exchanges recently stopped taking new registrations because they were running out of resources. In addition,many exchanges were hacked in the past. The most important part is that most of the exchanges do not offer fiat deposit option for new users.In order to go mainstream,crypto currencies should be easy to buy with fiat. For that,more fiat-to-crypto exchanges are required for new users. Another thing to note is that most of the exchanges are operating on international business model.That means, anyone from any country can sign-into any exchanges. This concept is feasible as long as people are trading with BTC or other currencies, but a new comer has very limited options to enter the market with his/her fiat money.This is the gap we are trying to bridge with our unique concept of country specific, yet universal fiat-to-crypto currency exchange. With a parent company in India,we will have different exchanges registered with different countries, giving new users an ultimate platform to enter the crypto currency markets with their fiat money.The very first exchange will be launched in India
India is one of the countries with highest population on the globe and that’s why it is one of the most sought-after markets for any company. As of now, the crypto currency market is in itself in a growing state and India has just awakened to catch the pace to meet global volumes. This is why the Indian market needs a full-featured exchange that supports more crypto currencies with best-in-class features.There are few exchanges in India allowing trading in different currencies but none of the mare at par with international exchanges. Also, due to identity verification difficulties and security concerns, crypto currency trading can be very burdensome for many potential users. The exchange that we are building will be at par with international exchanges giving Indian audiences the real experience of trading using advanced features which we will discuss further in this document.Having our roots in India,we understand the Indian mindset very well. As of today, Indian exchanges offer around10-15 currencies to this huge market. On top of that, these currencies are traded on different exchanges, meaning the user must have different accounts in all exchanges to trade in different currencies. This is a huge area unexplored and thus provides us instant scaling opportunities for our exchange.Using our exchange platform, we are introducing an opportunity for investors to participate in our Token Crowd sale–KALI coin.
Our aim is to eliminate the limitations that Indian and international users are facing today while trading in Crypto Currencies.In future, we plan to expand to other countries with similar approach of providing fiat-to-crypto pairs. Unlike other regional exchanges, our core focus will be to give instant deposit and withdrawal facility along with zero downtime. In addition, our international exchanges will also have instant verification option.That mean,users can start trading in their favorite crypto currency within few hours of their registrations.On top of that, having in-house servers will assure that in times of heavy volumes our exchanges do not lag or crash,which may cause people to lose their hard earned money. Our ultimate aim is to build a product that is scalable as well as sustainable.The goal is to make this exchange the first choice for anyone who thinks of trading or investing in Crypto space by offering them fundamentally strong coins along with best exchange features.
We seek to maintain the principle,and anonymity of decentralized technology in holding the intrinsic standards of crypto currencies in high regard. We aim to minimize complexity and build an innovative, easy-to-use, and fool-proof platform for the masses.Specifically, our goals include:
1.Reach out to, and educate people in India,on the subject of crypto currency and Blockchain by exploring different communication opportunities.
2.Launch the largest,easiest,and fastest P2Pexchange platform between fiat currencies and a variety of crypto currencies to the Indian community and later to citizens of other countries.
3.Implement unique technological features and selling points to enable us approach and attract more people to the platform.
4.Our emphasis is to put reliability, monitoring, security, financial stability, payment options, secure wallets, and cross platform trade all into consideration in implementing our unique features
5.Bring new crypto currencies listed in the global market to the Indian community through voting system and monitor their performance so as to maintain the standards of our Platform.
6.Constantly updating our platform using the industry’s latest technology and adapting our future goals accordingly.
Kunal Barchha –Co-Founder
Kunal is a second generation entrepreneur having business experience of almost a decade. His business experience consists of different sectors including IT, Real-Estate, Infrastructure raw-material production, agriculture, and logistics. He has done MBA in Marketing and is also well experience will digital marketing. He leads the team for strategic business partnerships and also looks after overall part of Kali Coin and CoinRecoil Exchange.
Gopal Modi –Co-Founder and Head of Corporate Communications
Gopal Modi brings with him experience and exposure of working with India’s most respected and reputed corporate in financial services, media and public relations industry for over a decade. He has done MBA in Finance, ICWA – Institute of Cost & Works Accountants of India, and CIMA – Chartered Institute of Management Accountants. He looks after the operations, client engagement of Kali Coin and CoinRecoil Exchange.
Chintan Joshi-IT Infrastructure & Cyber Security Expert
Chintan has been in the IT industry from more than a decade and worked with some of the best IT companies in India. He is experienced in IT hardware and server management of large IT infrastructure. He will be setting up required IT infrastructure for CoinRecoil and actively manage it.
Sagar Vyas-Network Engineer
Sagar is a network engineer with experience of handling large data networks. He also specializes in cyber-security of network. He will be engaged in the maintaining security aspect of the CoinRecoil Exchange.
Misal Bhimani-Back-end developer
Misal has studied his Bachelors of Information Technology from Queensland University of Technology, Australia and he currently has his own development firm. He is well rooted in technologies like C, Java, and SQL. Misal is actively engaged in back-end development of CoinRecoil Exchange.
Vipin Nair-Front-end Developer
Vipin is also a Bachelor in Information Technology with strong command over backend languages. He too is the founder of a development firm and actively works on the front-end and back-end of the CoinRecoil Exchange.
ICO and Token Sale
The price of Kalicoin is too low to make it easy to invest Kalicoin ICO is to support the international Cryptocurrency exchange CoinRecoil, to be launched For ICO participants no transaction fee till 1 year at CoinRecoil exchange Kalicoin is a mine-able coin. Number of coins will be limited and price increase will be steady. This makes it less volatile. Each Year we will buyback Kalicoins from profit as per our internal audit.
100,000,000 PRE-MINED KALI TOKENS ALLOCATED
We truly believe in decentralization and for the very same reason, we have developed KALI coin on a public Blockchain. It will be a mineable coin and not an ERC20 token. KALI coin is developed on the Scrypt algorithm which can be upgraded as and when we need to further match with changing dynamics of the Block Chain industry.
The source code of the same shall be published over GitHub for further development with the help of the developer’s community in return for coin incentives.
We have pre-mined 50% of the total supply to fund the project and their allocations are mentioned in White Paper. The remaining 50% can be mined by anyone; we will be releasing mining pool soon.
For more information, please visit:
Website : https://kalicoin.io/
Whitepaper : https://kalicoin.io/images/Kalicoin-white-paper.pdf
Telegram : https://t.me/kalicoin
Facebook : https://www.facebook.com/KALICoinICO/
Twitter : https://twitter.com/Kalicoin
Author: Opeyemi Jayeoba
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1925101