I have simple question about KickIco regarding hosting crypto ICOs on platform. I understand KickIco will make it easy for anyone without programming skills to have an ICO, however why would a solid project that can collect 50K ETH or millions worth USD in ICO use your platform? I mean if they will have to pay 4% + 4% of their new currency, we are talking about huge amounts here. No team will be interested in this since if they are launching their own coin, i am sure they have their own programmers and rather not pay 4+4% to you.
Let suppose some project gets 50,000ETH in ICO. They will have to pay 2000ETH to KickIco, which is currently worth about 600,000USD. Actually Kickico will get Double that ammount if i also include 4% of creators new currency. How does that work? What is the incentive for creators here?
Also id like ask how will the platform accept USD, EUR, etc. fiat money payments from people who don`t and don`t want to deal with Crypocurrencies? How are payment processors fees (credit cards etc.) calculated in this?
Clearly KickICO doesn't cater to large ICOs. As you point out, it makes more sense for a smaller projects.
Yea you are right. BUT every project team hopes (even if unrealistic) to get large amounts of coins from investors, and doesnt matter if they are wrong, they will still plan this way you know and avoid Kickico. I believe to get creators on platform, kickico will have to incentivise them with more aggressive approach. I am only talking about ICO-coin related projects of course.