What Is KickToken? – 888,888 Of Us Want To Know!

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Image result for kicktoken

What is KickToken??? About a week ago, I checked the portfolio in my Coinbase wallet and saw that I had 888,888 KickToken (KICK). I had no idea what they were or where they came from.

How did they get there? Was it a mistake? Could I trade them? I asked Coinbase support but was told I have to contact the separate wallet support. I got no response from them.

Was the lack of support a fluke? It did manage to tick me off. Before I go switching wallets, I still need to know the who/what/where/why/when/how of KickToken. Time for research!

Finding The Source

It took me longer than it should have to find the website Kickico.com. I was using Duck Duck Go’s search engine and it took me to a number of articles that mentioned KickToken, but the actual site was down the list.

No wonder really, maybe the dears who are managing the beta version of their website didn’t bother with SEO. No need – usually, if you are important, you will be found.

The articles and the official website all referred to a drop of frozen KICK that was recent and a swap that was around mid-2019. All of that had eluded me.

It’s not like the token is new, it’s just been in the background.

Image result for kicktokenWhat Is KickToken?

KickToken is a real cryptocurrency with a real, though negligible, value that currently sits at $0.000133. Multiply that by 888,888, and the result will be what sits in my portfolio.

At first, KICKICO was increasing KICK liquidity, adoption, and brand awareness by listing it on new exchanges. They added more uses for KickToken on the platform to create a natural demand.

Some projects on the platform accept KICK as a payment or loyalty method, which provides external markets and additional liquidity.

At the moment a KICK API is being developed, allowing partners to use KickToken as a payment method. As more businesses accept KICK, its value grows.

KICKICO

KICKICO is a website that hosts campaigns for groups needing backing (in the form of Etherium) to sustain their currencies. To help one of these needy groups, just click on the image, read the article, and decide what you want to invest.

Being a backer isn’t the same as a miner and is just one form of investment. Why do the developers want ETH instead of something else? Well, that’s another article.

KICKICO says, Since KICKICO takes half the commission of ICO campaigns in their tokens, the positive growth of these cryptocurrencies affects the entire portfolio of the platform and, thus, indirectly supports the value of KICK.

CoinMarketCap says, KICKICO is an online blockchain-based fundraising platform, which enables the purchase of tokens of projects. The platform has reportedly helped to raise 250,000 ETH for more than 20 projects…

woman sitting on brown wooden chair while using silver laptop computer in roomWhat To Do With KickTokens

KickToken is an ERC20 Ethereum token and can be stored on any Ethereum address, able to hold ERC20 tokens.

It’s available for exchange on a healthy number of platforms, but Coinbase isn’t one of them. KICKICO will send you to KuCoin for buying and trading KICK.

When you have a sweet wallet full of KICK, you can do with it what you would with any other tradeable cryptocurrency, such as BTC or LTC. This includes just letting it sit there to see what happens.

On its FAQ page, you can see KICKICO’s response to “Why should I hold KICK?” Other than being held for later use on the platform, KICK can be used to get a monthly token emission, distributed to all the token holders in accordance with the token emission plan.

Why Me?

So, now I know what KickTokens are, who makes them, etc. But how did I, a person who had never even heard of KICKICO or KICK, end up at the receiving end of a drop?

Coinbase Wallet doesn’t even list KickToken as a supported cryptocurrency. Why did I get it? Did I do something special unawares?

I find my way to an article on medium.com that gives some answers.

167,375 lucky individuals were to receive 888,888 frozen KICK into their wallets. Once certain criteria were met, the coins would be unfrozen. This was to help the flow, and thus the value, of KICK.

The lucky individuals selected would all be active traders with an Etherium wallet. The article stated that other factors were also involved, and the readers should wait and see what happened.

That was the plan, anyway. Another article referred to how it went somewhat wrong. Not that it was drastic in any way. Some wallets/exchanges had mistaken the drop of frozen currency for a normal deposit of liquid currency, meaning it was not frozen and could be spent immediately.

KICKICO blames no one except themselves for the mix-up.

Fun Stuff

Okay. It’s time for me to be off and have fun with my KICK! Shall I keep it? Sell or trade it? I think I’ll keep it for the time being.

If anyone from KICKICO is reading this, THANK YOU for the currency! I’m going to watch it for a while and see what happens.

dog looking out the windowHow About You?

Ready to invest in some KICK? Were you one of the lucky ones? What is your opinion of this rising cryptocurrency? Please leave all your thoughts and dreams in the comments below!

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8 Thoughts to “What Is KickToken? – 888,888 Of Us Want To Know!”

  1. Jessie

    Thank you for another great post! I have never heard of KickToken either, and am glad to read this. I don’t like it’s low value, but it might be nice to have to diversify my online wallet, which consist of a few different online currencies.  I find it interesting and awesome that you get to try it out though!

    1. Cattington

      Thank you for your comment, Jessie! It certainly was a pleasant surprise. Best wishes to you and your investments. 🙂

  2. Alblue

    Thank you for the explanation. I’ve only heard about it once from my friend and I became a bit curious about Kicktoken. So, is this a new type of cryptocurrency? I think I will need to read some other articles before heavily investing in it. Do you think this one will be a better cryptocurrency than bitcoin?

    1. Cattington

      Thank you for your thoughtful comment, kind Sir. We always hope that what we hang onto will rival Bitcoin’s success. It was only pennies for years. One never knows.

  3. Scott Hinkle

    What an interesting post.

    Talk about a wild ride.  I was not familiar with KickToken prior to reading this.  I think I’ll go check my coinbase  wallet now, LOL.

    I did the bitcoin mining thing for a bit but was stupid and didn’t hold onto my mined coins.  I’d be much better off if I had.

    I think holding onto your newly found stash in hopes that their value increases is a good decision on your part, especiall6 since they were basically an unexpected surprise.  Any monies earned is profit at that point.

    Thank you,

    Scott

    1. Cattington

      Thank you very much, Scott! Sorry about your Bitcoin. You aren’t the only one who went through that. You just never know what will make it big these days. Best wishes for your future investments!

  4. Paul

    Hi Cattington,

    Thanks a lot for the helpful and informative post on KickToken I got great insights from your article.

    I was thinking both miner and backer are the same and thanks for the clarity.

    Finally, the answer is you are an active trader with an Etherium wallet because of that you got these coins worth of $118.22 since you met the criteria to receive free KickToken.

    I often study and follow information related to cryptocurrencies and new ICO’s. Love to know about new cryptocurrencies and every single time I read an article of yours I learn so much new stuff!

    1. Cattington

      I appreciate your kind words, Paul. Keep up your studies and you’ll be replacing me soon! 😀

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