UKasii

UKasii

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Last Update

Dec 6, 2018

UKa$ii (UKS) is a completely mobile Cryptocurrency Rewards Program allowing consumers to earn "cash back" for cash spent at UKasii partner establishments.

Partners will earn additional revenue, reach a wider customer base and have access to the UKasii Dashboard, enabling them to execute targeted campaigns.

A key mission of UKasii is to support social causes in regions we operate. A fixed percentage of operational revenues will be invested in social responsibility projects, beginning with income from the ICO.
ICO Round 2
Mar 25, 2019
Apr 5, 2019
100% completed
Raised funds - no Data
Goal 1 500 000.00 USD
Cap 3 500 000.00 USD
past
  • 1 UKS
    =
    0.04 USD
ICO Round 1
Mar 11, 2019
Mar 22, 2019
100% completed
Raised funds - no Data
Goal 3 000 000.00 USD
Cap 3 000 000.00 USD
past
  • 1 UKS
    =
    0.03 USD
Token Details
Ticker
UKS
Total supply
500,000,000
Token Distribution
25 million pre-mined UKasii (5%) will be held by the UKasii founder shareholders. Founder shareholders will not be able to divest their UKasii Coins for two years from the date of issue.

20 million pre-mined UKasii (4%) will be distributed to launch contributors. Launch contributors (e.g. Advisors / Non- Executive Directors, branding agencies) will not be able to divest their UKasii coin for one year from the date of issue. Any UKasii Coin not distributed by UKasii, will be added to the reserve.

180 million UKasii (36%) will be held in reserve to be distributed as part of UKasii services to customers who decide to exchange Kasii at the preferred rate, (estimated at less than 3% annually). Once the reserve is depleted, UKasii Coin will only be available for purchase on cryptocurrency exchanges in exchange for their respective accepted currencies.

275 million pre-mined UKasii (55%) will be offered at (a capped) ICO where our target is to raise $5,000,000.
Accepted Currencies
ETH, BTC, USD, LTC, BCH, EURO, GBP, XLM
Min Contribution
25
USD
Company Details
Registered Company Name
UKa$ii Ltd.
Registered Country
United Kingdom
Company Founded
Feb 8, 2018
Bonus Structure
In the event that the ICO Target of $5 million is reached, the Top 500 investors will receive a Bonus based on the table below:

● 25% for investments at Pre-ICO
● 20% for investments in Round 1
● 10% for investments in Round 2

A LIVE Investment Leaderboard will be displayed on the UKasii ICO website, showing the Public Keys of the investors in the Top 500. Their Investment amounts will not be shown.
Additional Details
Platform
Stellar Platform
Whitelist
Yes , from Oct 16, 2018 till Jan 30, 2019
Categories
Platform

About UKasii

It’s been said that when a butterfly flaps its wings, it can cause a typhoon halfway around the world. That is the power of something as small, beautiful and delicate as a butterfly. Seemingly small actions, can have much greater effects. Similarly, UKasii will provide value far greater than its “cash points” and partner benefits, regardless of the level of expenditure. No matter how small the spend by a UKasii customer, the benefits will be felt by many, far and wide.

By using UKasii, consumers and merchants will be contributing and having a direct impact on the development of their region.

UKasii users and merchants will be able to nominate causes as well as track the progress of UKasii Social Responsibility projects, news updates of which will be provided via push notification to the UKasii mobile app, partner portal and on this website.

Features

Every aspect of UKasii has been designed and developed to be “inherently simple”.

UKasii is completely mobile and consumers and UKasii Partners will be able to make transactions quickly, easily and with elements of pleasant engagement.

  • UKasii allows customers to earn “cash” for cash spent.
  • UKasii allows for fast “micro-payments” via mobile phone at checkout.
  • UKasii allows customers to earn currency at one business and spend it at another
  • UKasii allows businesses to target customers to provide genuinely relevant personal offers and benefits

Technical Info

In the socio-digital age of the fast paced consumer that we live in, almost instant delivery of service and value is the accepted and expected standard that we are measured by.

In order to fulfil this fundamental requirement, UKasii is being built as a “public, permissioned” blockchain, developed on the Stellar Blockchain platform which allows for micro payments at a fraction of a penny and is able to process over 3,000 transactions per second.

Stellar uses its own consensus algorithm and mechanism called the Stellar Consensus Protocol (SCP).

Hosting of Data

UKasii is developing its own loyalty “back end” solution where customer data will be stored, and customer <> partner transactions will be calculated. The loyalty solution will be hosted using Google Cloud Services.

Mobile Apps

The mobile apps are being developed natively for both Android and iOS. The Android MVP will be available on Google Play shortly.

UKasii Roadmap

  • June 2018 - Continuous

  • (Launch) Partner Contracting - under way.

  • June 2018 – Continuous

  • Development and Testing of UKasii platform - under way.

    - Currency (UKasii Coin and Kasii Tokens)
    - Mobile App (iOS and Android separately dedicated)
    - UKasii Partner platform (for reporting, analytics, marketing and campaigns)
    - UKasii program rules engine
    - UKasii consumer database

  • September 2018

  • Registration of UKasii Nigeria

  • October 2018 – April 2019

  • UKasii marketing activities / Roadshows / Conference Attendance
    • Read More

  • Q2 2019

  • UKasii GO LIVE with first partner.

  • Q4 2019

  • Launch "UKasii Swap", mobile app feature to exchange Kasii Tokens for Ukasii Coin

  • Q3 2020

  • Launch UKasii South Africa

UKasii Team

Verified 100%

Mustafa Ozalcin
Founder And CEO
verified
Chinelo Obidigbo
Non Executive Director
verified
Ravindra Bhagwanani
Non Executive Director
verified
Omer T. Zaim
Non Executive Director
verified

Advisors

Verified 100%

Rob Prophet
Advisor
verified

UKasii Interviews

Mustafa Ozalcin
As a team member, сan you tell us about your role in the ICO project?
I'm the Founder of UKa$ii and along with our team will be leading the project to bring our cryptocurrency based consumer program to Nigeria.
What do you think about idea?
UKa$ii will provide consumers with a better shopping experience across various sectors as well as incremental wealth increase. In parallel merchants will be able to improve their margins and target relevant customers, again providing a more streamlined and enjoyable shopping experience.

A fundamental part of our business approach is "ethical profit" and giving back to the region where we serve customers and partners. To achieve this, UKa$ii will invest 5% of Gross Revenues and actively participate in social responsibility causes, beginning with 5% of the income we receive from our ICO.
Rob Prophet
As a team member, сan you tell us about your role in the ICO project?
Rob is an advisor & sounding-board to the Founder of UKasii, and his None-Executive Directors, with extensive African customer behaviour experience.
What do you think about idea?
It merges loyalty, community engagement, technology, next-generation spending into one application, and support the "leap-frog" adoption behaviour of African customer.

It's "on-books" financial commitment to the communities it operates in is proof of next-generation business thinking/ethics/planning.
Chinelo Obidigbo
As a team member, сan you tell us about your role in the ICO project?
I am currently a Non Executive Director on legal matters. My responsibility within the ICO Project is to ensure that we are within the confines of the law at all times and to advise against transactions that will impact negatively on the project.
What do you think about idea?
The idea is truly inspirational. Its is an innovation for the Nigerian market as it will give potential customers a platform to use cryptocurrencies in more ways than one.
Ravindra Bhagwanani
As a team member, сan you tell us about your role in the ICO project?
Non-Executive Director: Regular advisor to CEO, focussing particularly on loyalty aspects of the project.
What do you think about idea?
There is definitely a potential for that approach as it taps into a niche and perfectly responds to the needs and nature of the African market.
Omer T. Zaim
As a team member, сan you tell us about your role in the ICO project?
My role is a supportive role, establish key ICO relationships and the platform ICO launch as well as the delivery of ICO Services.
What do you think about idea?
The concept, approach development and management structure is solid with knowledgeable and capable team delivering the services and solutions. The products and idea is also incredibly strong, which will enable freedom of movement and mobility with benefits to partners and consumers as a equal yet lucrative

UKasii Last News

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