Generating content and sharing it to the world has become commonplace in recent years. Thanks to the Internet and new technologies, anyone can create a web page and share their knowledge, make a YouTube channel and record videos, songs, make Podcasts, Blogs … the possibilities are endless. Today we want to talk about K.im, a platform in which you can create, sell and consume content in a secure and decentralized environment.
Through K.im, content creators will be able to sell their products in exchange for Bitcoin or KIM (The cryptocurrency of the platform).
Created by Dotcom, the creator of Megaupload. The platform was not born overnight, according to its roadmap the team has been working on the project since Q4 of 2016, when a crowfunding was carried out in which they obtained 850 thousand euros. The release to the public is expected for the third quarter of 2020.
“K.im is something I am proud to have originally founded and I am very excited to evangelize with all my efforts and skills. I trust the team we have created to launch a live product to the market. To ensure that K.im be a great success, we are focused on providing a high quality user experience. ” Says Kim Dotcom
K.im Token Sale
The beginning of the token sale of the K.im platform was scheduled for 10/22/2019, ending on 10/28/2019 in the Bitfinex cryptocurrency exchange, but the platform announced a delay in the start of the day sale 11/06/2019 at 24h UTC.
For a better distribution of tokens a maximum contribution of $ 50,000 has been set.
Customers who have more than 10,000 UNUS SED LEO in their accounts will have their maximum contribution increased by 100%, thus being able to acquire KIM tokens worth $ 100,000.
Other data of interest:
- Price: $ 0.04
- Hard Cap: 200,000,000 KIM (8,000,000 USD)
- Soft Cap: 100,000,000 KIM (4,000,000 USD)
- Maximum contribution: $ 50,000
- Minimum contribution: $ 20
- KYC: Required
“Purchased tokens will be blocked until the launch of the K.im platform, which is expected to be in the third quarter of 2020. Therefore, KIM will be distributed to Bitfinex wallets after the end of the sale, but not will be available for withdrawal or commercialization” reports Bitfinex.
The KIM token will have several functions within the platform, thanks to it, users can buy content, give tips or make donations to the creators.
The creators, in turn, can subscribe to additional services by paying with KIM that will allow them to have extra functionalities in their digital stores, such as having personalized stores, brands and promotional services.
How does K.im work?
Product creation and sale process
Each user of K.im will have a digital store where they can share their content. When uploading content to the platform the user will have to follow the following steps:
- Press the “Encrypt and Upload File” button
- Select the file from your computer
- Choose from the list of servers that can encrypt your file
- Press “Encrypt and Upload” (Wait for the process to finish)
- Enter the name, description, price and currency with which you want to be paid
Once the process is finished, a product link will be generated from which you can sell it.
Product purchase process
Once we have found a product for sale that interests us, we just have to click to access the purchase menu.
In the purchase window we will see the name that has been assigned, description and the price of the product.
To acquire it we must follow the following steps:
- Click on the “Unlock” button
- Choose the BTC or KIM payment method
- Send the amount of crypto indicated to the sales address shown
- When the transaction is verified, you can download the file
Links of interest
Conclusion on K.im
Talent can be found anywhere, and K.im makes it possible for anyone to monetize it and obtain Bitcoin or KIM.
This also brings cryptocurrencies to all these users and content creators, increasing their adoption and use cases.
Although there are other platforms where you can exchange and store content, none of them offers a comprehensive service as K.im does, where you can store, publish and sell by content creators and search for content of your interest by the rest of the users
The platform is currently in Beta mode, but soon we will be able to see the potential it saves and how far it could go.