Krosscoin: Legalization of mobile application market & raising high revenues

mwaqar17 (47)in #ico • 6 years ago

This is the age of multimedia. A lot of inventions and innovations are taking place in this ever growing world. Many latest technologies have been introducing day by day. People are enjoying many comforts and luxuries which have made their lives more advanced and comfortable. A lot of development have been observed in every field of life particularly in the field of science and technology. People are enjoying many smart apps at their homes. Smart phone app and internet are the greatest techniques in this ever-developing world which are in range of almost every person now-a-days. People are connected with each other any time using internet and smart phones. Downloading procedure has also become very easy due to latest apps. People can enjoy many different apps through their smart phones.

It has been seen that the growth of mobile application market is growing very fast. Per year growth of mobile application market is over 30%. The growth of mobile application market was 33 % in last year. It has also been observed that mobile application revenues will be $139.1 billion by 2021. Although, mobile application revenues are growing fast, but the percentage of paid apps has decreased significantly. In 2011, the percentage of paid revenues was 85.8 while in 2017, it has come to 37.8 which is very low. The problem is that there are no authentic rules and regulations in this regard. People download mos apps almost free. Once you pay for downloading and then it becomes yours. All this discourages mobile application developers a lot. So there is a need of such system through which mobile application developers and users both will be satisfied.

Krosscoin is going to launch a consumption based token model giving permission to application developer to legalize any practical part of any application running on any platform. This consumption based structure helps to minimize the revenue problems concerned with one-time fee and license endowment. In this way, the application developer works in relaxed environment and totally focus on the application development.

Using Krosscoin, banking and other payment gateways become unnecessary because all payments are made in KSS tokens. The users pay for application downloading in KSS tokens while the developers are paid in KSS tokens (https://www.krosscoin.io/).

Krosscoin (KSS) is a utility token as it can be exchanged for mobile applications usage. KSS will reserved 25% for further public sale. For ITO duration 20 million KSS tokens will be available from February 28, 2018 to April 28, 2018.

Phase 1 is from February 28, 2018 to March 29, 2018 in which 12 million tokens are available and 7% is discount on each token. In phase 2, 5 million tokens are for sale and per token discount is 60%. This phase is from March 30, 2018 to April 13, 2018. Phase 3 continues from April 14, 2018 to April 28, 2018 in which 3 million tokens are for and per token discount is 50%.
For further details our link is given below (https://www.krosscoin.io/wp-content/uploads/2018/03/Krosscoin-New-White-Paper.pdf).