Following the Dubai government’s goal of becoming the blockchain’s
world capital, Royal Kingdom Enterprise Ltd focuses on contributing to
the development of business solutions based on Blockchain technology and
Smart Contracts. To achieve this objective, the company promoted an ICO
on July 11, 2017 through the commercialization of its Token named Royal
Kingdom Coin, represented by the acronym RKC.
Headquartered in Dubai, United Arab Emirates, Royal Kingdom
Enterprise launches itself into the market driven by the innovation
opportunity connected to Blockchain technology, acting as a transforming
agent in social and corporate scenarios. The organization offers B2B
solutions to business customers as their goals and areas of expertise
are moving ever more towards the direction of the bright new world of
blockchain technology.
This sector has been growing quickly, its activities started with Venture Kingdom,
a platform that concentrates financial solutions by providing a payment
gateway system associated with a centralized multi-currency exchange.
Its next step was the creation of RKE IT Solutions, focused on customization of the white label and development of web solutions for corporate clients.
As the world embraces Blockchain technology, Royal Kingdom
Enterprise seeks to deliver innovations such as the first distributed
exchange called Tomorrow,
which is under development and will have its beta version released on
July 24, 2017, so the community get used to it and can also use it to
acquire the Royal Kingdom Coin token during the ICO, which starts on
July 11 at 22:00 UTC (+00).
In order to move forward with the development of innovative projects,
Royal Kingdom Enterprise starts its ICO campaign, so we invite everyone
to revolutionize this interaction by developing projects that bring
solutions to people and companies around the world.
PROJECTS
“Nowadays Dubai is the most appropriate place in the world to start the development of blockchain-based prototypes, and has becomeincubator of startups for this market segment. In this regard, we aim to make Royal Kingdom Enterprise
a benchmark in software development, blockchain applications and smart
contracts for public and private institutions.” Royal Kingdom Enterprise Limited is a
brand and project manager that follows a transformation management
process geared towards innovation in order to create fast
solutions tailored to the needs of the market. For the company, it is
fundamental to deal in a coherent and transparent way with the various
audiences that relates to itself,
with the intention of managing its business on the concepts of
transparency and sustainability. Therefore, it is essential to broaden
everyone’s understanding of their projects, get to know the current
projects of Royal Kingdom Enterprise
INITIAL COIN OFFERING
A new way to contribute to innovation becomes real through the advances of Blockchain technology
ICO is an important and transformative step for the development and
expansion of Royal Kingdom Enterprise projects, therefore we invite you
to know and partner with our company through your participation in ICO
to build through this participation a path towards creation of value to
society using Blockchain technology applications in favor of expanding
the Crypto Economy.
Royal Kingdom Enterprise Limited decided to seek initial funding to
promote the development of its projects by creating their own digital
tokens called Royal Kingdom Coins, represented by the acronym RKC.
The total issue is 15 million of RKC tokens, being 18% of this amount
(2.7 million) available for purchase during the ICO on the Royal
Kingdom Enterprise exchange platform Venture Kingdom. The ICO comprises a
total of 8 stages: ICO Planning, Pre – Sale, Marketing, ICO Opening,
Tomorrow Exchange (beta), ICO Closure, Official Trading Opening of RKC
and 1st payment of the participation in the company profits. To access the full prospectus with the phases and terms in ICO you can access our White Paper.
ICO STRUCTURE
RKC TOKEN
The Token Royal Kingdom Coin is an ERC20 compliant smart
contract at the top of the Ethereum Blockchain. They were issued
15,000,000 RKC, this amount is fixed, no one can issue more coins.
We dedicated a pool of 20% to the public offering of currencies, 2% of this quota being sold in the pre-sale period, so in the ICO it will be possible to acquire 18% of the tokens issued (2,700,000 RKCs) and these will be frozen in the wallets of the purchasers until the end of the initial offer. The remaining 80% are owned by the
organization’s shareholders. Due to the 82% (shareholders + pre-sale)
context being a significant amount, we make sure to add in the smart
contract rules that make it difficult to quickly sell or transfer a
significant amount of tokens.
Token Name
Royal Kingdom Coin|
Ticker
RKC|
ICO Start
July 11, 2017|
ICO End
August 11, 2017|
Token Supply
15,000,000 coins|
Total % ICO
20% (3,000,000 RKC)|
Pre sale ICO
2% (300,000 RKC)|
ICO pool
18% (2,700,000 RKC)|
Price
The market will determine the value of the coin. The initial price
is set to be $0.10, but the algorithm in the smart contract is going to
increase the price slightly every time someone buys a token. The
algorithm, being programmed to increase the coins price continuously and
indefinitely will serve as an anti-inflationary measure based on
Moore’s Law. That means that we’re going to discover the market
valuation of the token, and at some point, during the sale, the price
will rise.
This means that the sooner you buy, the better is the price.
