Kart Block is an ecosystem that is a combination of the e-commerce platform, digital wallet, and Tokenized reward mechanism. A simple yet powerful idea behind this ecosystem is directly rewarding the customers/users for their valuable contribution to the Kart Block platform, without the need for any middlemen
KartBlock primary holding company is incorporated in Hong Kong with operating offices in India, Singapore and UAE
KartBlock is a non-profit entity with a regular recognized revenue stream from it’s eCommerce operations
The revenue model for the company is through its network of Merchants and enabling of token payments that are used in the community. Advertising, promotions, marketing and data analytics are the main source of revenue for the company.
KartBlock eCommerce platform is completely free, a non-chargeable platform
Any one, an entity or an individual wanting to sell products can register on the eCommerce platform as a Merchant, or simply as a buyer.
No, KartBlock tokens are not mineable tokens
KartBlock tokens will be available for trade as they will be listed on multiple exchanges post the ICO
We are also rewarding consumers with Tokens on their behaviour, We have set aside 40% of the tokens from total supply for this activity.
The ICO will be conducted in the second week of June, we are offering maximum of 60% bonus tokens for purchase in the pre sale
The token sale will be conducted worldwide. There are no geographical limits, however, certain restrictions will apply to US residents subject to US security laws.
|Product Upgradation and Development||24.00%|
|Marketing & Business Development||22.00%|
|Pre-Operative and Pre ICO Expenses||8.00%|